Comments
Loading...

Hut 8 Analyst Ratings

HUTNASDAQ
Logo brought to you by Benzinga Data
$13.80
0.292.15%
At close: -
$14.00
0.201.45%
After Hours: May 2, 7:58 PM EDT
Q1 2025 Earnings in 4 days from now on Thu May 8th, before the market open
Consensus Rating1
Buy
Highest Price Target1
$36.00
Lowest Price Target1
$5.00
Consensus Price Target1
$26.31

Hut 8 Analyst Ratings and Price Targets | NASDAQ:HUT | Benzinga

Hut 8 Corp has a consensus price target of $567.61 based on the ratings of 38 analysts. The high is $1350 issued by HSBC on May 10, 2024<. The low is $100 issued by Deutsche Bank on August 5, 2024. The 3 most-recent analyst ratings were released by New Street Research, Goldman Sachs, and Deutsche Bank on August 6, 2024, August 5, 2024, and August 5, 2024, respectively. With an average price target of $118.33 between New Street Research, Goldman Sachs, and Deutsche Bank, there's an implied 0.21% upside for Hut 8 Corp from these most-recent analyst ratings.

Analyst Trends and Forecast
3
Jan
5
Mar
3
Apr
1
May
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
4.1
Buy
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Maxim Group
Northland Capital Markets
BTIG
Benchmark
Cantor Fitzgerald

1calculated from analyst ratings

Analyst Ratings for Hut 8

Buy NowGet Alert
05/01/2025Buy Now—Maxim Group
Matthew Galinko43%
→ $20Initiates → BuyGet Alert
04/21/2025Buy Now—Northland Capital Markets
Mike Grondahl50%
→ $20Initiates → OutperformGet Alert
04/14/2025Buy Now—BTIG
Gregory Lewis69%
→ $18Initiates → BuyGet Alert
04/02/2025Buy Now—Benchmark
Mark Palmer78%
$41 → $33MaintainsBuyGet Alert
03/07/2025Buy Now—Cantor Fitzgerald
Brett Knoblauch45%
$30 → $30ReiteratesOverweight → OverweightGet Alert
03/07/2025Buy Now—Rosenblatt
Chris Brendler53%
→ $23Initiates → BuyGet Alert
03/04/2025Buy Now—Needham
John Todaro72%
$30 → $30ReiteratesBuy → BuyGet Alert
03/04/2025Buy Now—HC Wainwright & Co.
Mike Colonnese56%
$35 → $30MaintainsBuyGet Alert
03/04/2025Buy Now—Canaccord Genuity
Joseph Vafi70%
$32 → $32MaintainsBuyGet Alert
01/13/2025Buy Now—Needham
John Todaro72%
$38 → $38ReiteratesBuy → BuyGet Alert
01/07/2025Buy Now—Benchmark
Mark Palmer78%
→ $41ReiteratesBuy → BuyGet Alert
01/07/2025Buy Now—Cantor Fitzgerald
Brett Knoblauch45%
$35 → $35ReiteratesOverweight → OverweightGet Alert
12/17/2024Buy Now—Piper Sandler
Patrick Moley81%
→ $33Initiates → OverweightGet Alert
12/17/2024Buy Now—Needham
John Todaro72%
$32 → $38MaintainsBuyGet Alert
12/12/2024Buy Now—Cantor Fitzgerald
Brett Knoblauch45%
$35 → $35ReiteratesOverweight → OverweightGet Alert
12/12/2024Buy Now—Jones Trading
Stephen Glagola49%
→ $36Initiates → BuyGet Alert
12/09/2024Buy Now—Cantor Fitzgerald
Brett Knoblauch45%
→ $35Initiates → OverweightGet Alert
11/14/2024Buy Now—Canaccord Genuity
Joseph Vafi70%
$22 → $32MaintainsBuyGet Alert
11/14/2024Buy Now—HC Wainwright & Co.
Mike Colonnese56%
$26 → $35MaintainsBuyGet Alert
11/14/2024Buy Now—Craig-Hallum
George Sutton57%
$15 → $32MaintainsBuyGet Alert
11/14/2024Buy Now—Benchmark
Mark Palmer78%
$17 → $32MaintainsBuyGet Alert
11/14/2024Buy Now—Needham
John Todaro72%
$21 → $32MaintainsBuyGet Alert
10/07/2024Buy Now—Benchmark
Mark Palmer78%
$17 → $17ReiteratesBuy → BuyGet Alert
10/02/2024Buy Now—Craig-Hallum
George Sutton57%
$14 → $15MaintainsBuyGet Alert
09/24/2024Buy Now—Needham
John Todaro72%
$15 → $16.5MaintainsBuyGet Alert
09/20/2024Buy Now—HC Wainwright & Co.
Mike Colonnese56%
$13.5 → $13.5ReiteratesBuy → BuyGet Alert
08/23/2024Buy Now—Needham
John Todaro72%
$15 → $15ReiteratesBuy → BuyGet Alert
08/21/2024Buy Now—Canaccord Genuity
Joseph Vafi70%
$22 → $22MaintainsBuyGet Alert
08/14/2024Buy Now—Benchmark
Mark Palmer78%
$17 → $17ReiteratesBuy → BuyGet Alert
08/14/2024Buy Now—HC Wainwright & Co.
Mike Colonnese56%
$7.5 → $13.5UpgradeSell → BuyGet Alert
08/14/2024Buy Now—Needham
John Todaro72%
$15 → $15ReiteratesBuy → BuyGet Alert
07/31/2024Buy Now—Benchmark
Mark Palmer78%
$17 → $17ReiteratesBuy → BuyGet Alert
06/27/2024Buy Now—Canaccord Genuity
Joseph Vafi70%
$14 → $22MaintainsBuyGet Alert
06/25/2024Buy Now—HC Wainwright & Co.
Mike Colonnese56%
$7.5 → $7.5ReiteratesSell → SellGet Alert
06/24/2024Buy Now—Needham
John Todaro72%
$13 → $15MaintainsBuyGet Alert
06/21/2024Buy Now—Benchmark
Mark Palmer78%
$12 → $17MaintainsBuyGet Alert
06/14/2024Buy Now—Craig-Hallum
George Sutton57%
$12 → $14MaintainsBuyGet Alert
06/07/2024Buy Now—Benchmark
Mark Palmer78%
$12 → $12ReiteratesBuy → BuyGet Alert
05/17/2024Buy Now—Needham
John Todaro72%
$13 → $13ReiteratesBuy → BuyGet Alert
05/16/2024Buy Now—Benchmark
Mark Palmer78%
$12 → $12ReiteratesBuy → BuyGet Alert
05/16/2024Buy Now—Canaccord Genuity
Joseph Vafi70%
→ $14ReiteratesBuy → BuyGet Alert
05/16/2024Buy Now—HC Wainwright & Co.
Mike Colonnese56%
$9 → $7.5MaintainsSellGet Alert
05/16/2024Buy Now—Craig-Hallum
George Sutton57%
$12 → $12UpgradeHold → BuyGet Alert
05/16/2024Buy Now—Needham
John Todaro72%
$12 → $13MaintainsBuyGet Alert
05/07/2024Buy Now—Benchmark
Mark Palmer78%
$12 → $12ReiteratesBuy → BuyGet Alert
04/22/2024Buy Now—Benchmark
Mark Palmer78%
→ $12Initiates → BuyGet Alert
04/05/2024Buy Now—Canaccord Genuity
Joseph Vafi70%
$17.5 → $14MaintainsBuyGet Alert
04/01/2024Buy Now—Craig-Hallum
George Sutton57%
$10 → $12MaintainsHoldGet Alert
04/01/2024Buy Now—Needham
John Todaro72%
→ $12ReiteratesBuy → BuyGet Alert
03/28/2024Buy Now—HC Wainwright & Co.
Mike Colonnese56%
$7 → $9MaintainsSellGet Alert
03/28/2024Buy Now—Canaccord Genuity
Joseph Vafi70%
→ $3.5ReiteratesBuy → BuyGet Alert
03/18/2024Buy Now—Needham
John Todaro72%
→ $12Initiates → BuyGet Alert
02/27/2024Buy Now—HC Wainwright & Co.
Mike Colonnese56%
$7 → $7ReiteratesSell → SellGet Alert
11/15/2023Buy Now—Canaccord Genuity
Joseph Vafi70%
→ $17.5ReiteratesBuy → BuyGet Alert
08/15/2023Buy Now—HC Wainwright & Co.
Mike Colonnese56%
$8 → $13.75MaintainsNeutralGet Alert
08/15/2023Buy Now—Canaccord Genuity
Joseph Vafi70%
$15 → $17.5MaintainsBuyGet Alert
05/15/2023Buy Now—Canaccord Genuity
Joseph Vafi70%
$25 → $15MaintainsBuyGet Alert
05/12/2023Buy Now—HC Wainwright & Co.
Mike Colonnese56%
→ $8ReiteratesNeutral → NeutralGet Alert
03/13/2023Buy Now—Canaccord Genuity
Joseph Vafi70%
$30 → $25MaintainsBuyGet Alert
03/10/2023Buy Now—HC Wainwright & Co.
Mike Colonnese56%
$10 → $8MaintainsNeutralGet Alert
02/08/2023Buy Now—Canaccord Genuity
Joseph Vafi70%
→ $30Reiterates → BuyGet Alert
02/08/2023Buy Now—HC Wainwright & Co.
Mike Colonnese56%
$7.5 → $10MaintainsNeutralGet Alert
12/09/2022Buy Now—HC Wainwright & Co.
Mike Colonnese56%
→ $7.5Assumes → NeutralGet Alert
11/11/2022Buy Now—Craig-Hallum
George Sutton57%
→ $10DowngradeBuy → HoldGet Alert
08/17/2022Buy Now—DA Davidson
Chris Brendler53%
—DowngradeBuy → NeutralGet Alert
05/19/2022Buy Now—HC Wainwright & Co.
Kevin Dede57%
$95 → $25MaintainsBuyGet Alert
05/13/2022Buy Now—Canaccord Genuity
Joseph Vafi70%
$60 → $30MaintainsBuyGet Alert

FAQ

Q

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

A

The latest price target for Hut 8 (NASDAQ:HUT) was reported by Maxim Group on May 1, 2025. The analyst firm set a price target for $20.00 expecting HUT to rise to within 12 months (a possible 42.86% upside). 45 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 Maxim Group, and Hut 8 initiated their buy rating.

Q

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

A

The last upgrade for Hut 8 Corp happened on August 14, 2024 when HC Wainwright & Co. raised their price target to $13.5. HC Wainwright & Co. previously had a sell for Hut 8 Corp.

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 May 1, 2025 so you should expect the next rating to be made available sometime around May 1, 2026.

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 initiated with a price target of $0.00 to $20.00. The current price Hut 8 (HUT) is trading at is $14.00, which is within the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.