Hut 8
(NASDAQ:HUT)
$7.49
-0.23[-2.98%]
Last update: 12:53PM Get Real Time Here
Consensus Rating1
Buy
Highest Price Target1
$14.00
Lowest Price Target1
$5.00
Consensus Price Target1
$8.67

Hut 8 Stock (NASDAQ:HUT), Analyst Ratings, Price Targets, Predictions

Hut 8 Corp has a consensus price target of $8.67, established from looking at the 27 latest analyst ratings. The last 3 analyst ratings were released from Canaccord Genuity, Craig-Hallum, and Needham on April 5, 2024, April 1, 2024, and April 1, 2024. With an average price target of $12.67 between Canaccord Genuity, Craig-Hallum, and Needham, there's an implied 69.11% upside for Hut 8 Corp from these 3 analyst ratings.

Analyst Trend
1
Nov 23
1
Feb
2
1
Mar
2
Apr
Buy
Hold
Sell
Strong Sell
Analyst Rating
12345
3.3
Hold
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Canaccord Genuity
Craig-Hallum
Needham
HC Wainwright & Co.
DA Davidson

1calculated from analyst ratings published within the last 3 years

Analyst Ratings for Hut 8

date
ticker
Buy Now
Company
Current price
Upside/Downside
Analyst Firm
Analyst & % Accurate
Price Target Change
Rating Change
Previous / Current Rating
Get Alert
04/05/2024HUTBuy Now
Hut 8
$7.4986.92%Canaccord Genuity
Joseph Vafi
$17.5 → $14MaintainsBuyGet Alert
04/01/2024HUTBuy Now
Hut 8
$7.4960.21%Craig-Hallum
George Sutton
$10 → $12MaintainsHoldGet Alert
04/01/2024HUTBuy Now
Hut 8
$7.4960.21%Needham
John Todaro
→ $12ReiteratesBuy → BuyGet Alert
03/28/2024HUTBuy Now
Hut 8
$7.4920.16%HC Wainwright & Co.
Mike Colonnese
$7 → $9MaintainsSellGet Alert
03/28/2024HUTBuy Now
Hut 8
$7.49-53.27%Canaccord Genuity
Joseph Vafi
→ $3.5ReiteratesBuy → BuyGet Alert
03/18/2024HUTBuy Now
Hut 8
$7.4960.21%Needham
John Todaro
→ $12Initiates → BuyGet Alert
02/27/2024HUTBuy Now
Hut 8
$7.49-6.54%HC Wainwright & Co.
Mike Colonnese
→ $7ReiteratesSell → SellGet Alert
11/15/2023HUTBuy Now
Hut 8 Mining
$7.49-53.27%Canaccord Genuity
Joseph Vafi
→ $17.5ReiteratesBuy → BuyGet Alert
08/15/2023HUTBuy Now
Hut 8 Mining
$7.49-63.28%HC Wainwright & Co.
Mike Colonnese
$8 → $13.75MaintainsNeutralGet Alert
08/15/2023HUTBuy Now
Hut 8 Mining
$7.49-53.27%Canaccord Genuity
Joseph Vafi
$15 → $17.5MaintainsBuyGet Alert
05/15/2023HUTBuy Now
Hut 8 Mining
$7.49-59.95%Canaccord Genuity
Joseph Vafi
$25 → $15MaintainsBuyGet Alert
05/12/2023HUTBuy Now
Hut 8 Mining
$7.49-78.64%HC Wainwright & Co.
Mike Colonnese
→ $8ReiteratesNeutral → NeutralGet Alert
03/13/2023HUTBuy Now
Hut 8 Mining
$7.49-33.24%Canaccord Genuity
Joseph Vafi
$30 → $25MaintainsBuyGet Alert
03/10/2023HUTBuy Now
Hut 8 Mining
$7.49-78.64%HC Wainwright & Co.
Mike Colonnese
$10 → $8MaintainsNeutralGet Alert
02/08/2023HUTBuy Now
Hut 8 Mining
$7.49-19.89%Canaccord Genuity
Joseph Vafi
→ $30Reiterates → BuyGet Alert
02/08/2023HUTBuy Now
Hut 8 Mining
$7.49-73.3%HC Wainwright & Co.
Mike Colonnese
$7.5 → $10MaintainsNeutralGet Alert
12/09/2022HUTBuy Now
Hut 8 Mining
$7.49-79.97%HC Wainwright & Co.
Mike Colonnese
→ $7.5Assumes → NeutralGet Alert
11/11/2022HUTBuy Now
Hut 8 Mining
$7.49-73.3%Craig-Hallum
George Sutton
→ $10DowngradeBuy → HoldGet Alert
08/17/2022HUTBuy Now
Hut 8 Mining
$7.49DA Davidson
Chris Brendler
DowngradeBuy → NeutralGet Alert

FAQ

Q

What is the target price for Hut 8 (HUT)?

A

The latest price target for Hut 8 (NASDAQ: HUT) was reported by Canaccord Genuity on April 5, 2024. The analyst firm set a price target for $14.00 expecting HUT to rise to within 12 months (a possible 86.92% upside). 12 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Hut 8 (HUT)?

A

The latest analyst rating for Hut 8 (NASDAQ: HUT) was provided by Canaccord Genuity, and Hut 8 maintained their buy rating.

Q

When was the last upgrade for Hut 8 (HUT)?

A

There is no last upgrade for Hut 8.

Q

When was the last downgrade for Hut 8 (HUT)?

A

The last downgrade for Hut 8 Corp happened on November 11, 2022 when Craig-Hallum changed their price target from N/A to $2 for Hut 8 Corp.

Q

When is the next analyst rating going to be posted or updated for Hut 8 (HUT)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Hut 8, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Hut 8 was filed on April 5, 2024 so you should expect the next rating to be made available sometime around April 5, 2025.

Q

Is the Analyst Rating Hut 8 (HUT) correct?

A

While ratings are subjective and will change, the latest Hut 8 (HUT) rating was a maintained with a price target of $17.50 to $14.00. The current price Hut 8 (HUT) is trading at is $7.49, which is out of the analyst’s predicted range.

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