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$16.65
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Hut 8 Analyst Ratings and Price Targets | NASDAQ:HUT | Benzinga
Hut 8 Corp has a consensus price target of $26.77 based on the ratings of 14 analysts. The high is $36 issued by Jones Trading on December 12, 2024. The low is $18 issued by BTIG on April 14, 2025. The 3 most-recent analyst ratings were released by JMP Securities, Canaccord Genuity, and Needham on May 22, 2025, May 12, 2025, and May 9, 2025, respectively. With an average price target of $26 between JMP Securities, Canaccord Genuity, and Needham, there's an implied 58.05% upside for Hut 8 Corp from these most-recent analyst ratings.
Analyst Firms Making Recommendations1
JMP Securities
Canaccord Genuity
Needham
HC Wainwright & Co.
Maxim Group
1calculated from analyst ratings
Analyst Ratings for Hut 8
| Buy Now | Get Alert | |||||||
|---|---|---|---|---|---|---|---|---|
| 05/22/2025 | Buy Now | 51.98% | JMP Securities | Greg Miller49% | → $25 | Initiates | → Market Outperform | Get Alert |
| 05/12/2025 | Buy Now | 94.53% | Canaccord Genuity | Joseph Vafi74% | $32 → $32 | Maintains | Buy | Get Alert |
| 05/09/2025 | Buy Now | 27.66% | Needham | John Todaro80% | $21 → $21 | Reiterates | Buy → Buy | Get Alert |
| 05/09/2025 | Buy Now | 51.98% | HC Wainwright & Co. | Mike Colonnese70% | $25 → $25 | Reiterates | Buy → Buy | Get Alert |
| 05/01/2025 | Buy Now | 21.58% | Maxim Group | Matthew Galinko53% | → $20 | Initiates | → Buy | Get Alert |
| 04/21/2025 | Buy Now | 21.58% | Northland Capital Markets | Mike Grondahl65% | → $20 | Initiates | → Outperform | Get Alert |
| 04/14/2025 | Buy Now | 9.42% | BTIG | Gregory Lewis71% | → $18 | Initiates | → Buy | Get Alert |
| 04/02/2025 | Buy Now | 100.61% | Benchmark | Mark Palmer82% | $41 → $33 | Maintains | Buy | Get Alert |
| 03/07/2025 | Buy Now | 82.37% | Cantor Fitzgerald | Brett Knoblauch53% | $30 → $30 | Reiterates | Overweight → Overweight | Get Alert |
| 03/07/2025 | Buy Now | 39.82% | Rosenblatt | Chris Brendler62% | → $23 | Initiates | → Buy | Get Alert |
| 03/04/2025 | Buy Now | 82.37% | Needham | John Todaro80% | $30 → $30 | Reiterates | Buy → Buy | Get Alert |
| 03/04/2025 | Buy Now | 82.37% | HC Wainwright & Co. | Mike Colonnese70% | $35 → $30 | Maintains | Buy | Get Alert |
| 03/04/2025 | Buy Now | 94.53% | Canaccord Genuity | Joseph Vafi74% | $32 → $32 | Maintains | Buy | Get Alert |
| 01/13/2025 | Buy Now | 131% | Needham | John Todaro80% | $38 → $38 | Reiterates | Buy → Buy | Get Alert |
| 01/07/2025 | Buy Now | 149.24% | Benchmark | Mark Palmer82% | → $41 | Reiterates | Buy → Buy | Get Alert |
| 01/07/2025 | Buy Now | 112.77% | Cantor Fitzgerald | Brett Knoblauch53% | $35 → $35 | Reiterates | Overweight → Overweight | Get Alert |
| 12/17/2024 | Buy Now | 100.61% | Piper Sandler | Patrick Moley85% | → $33 | Initiates | → Overweight | Get Alert |
| 12/17/2024 | Buy Now | 131% | Needham | John Todaro80% | $32 → $38 | Maintains | Buy | Get Alert |
| 12/12/2024 | Buy Now | 112.77% | Cantor Fitzgerald | Brett Knoblauch53% | $35 → $35 | Reiterates | Overweight → Overweight | Get Alert |
| 12/12/2024 | Buy Now | 118.84% | Jones Trading | Stephen Glagola51% | → $36 | Initiates | → Buy | Get Alert |
| 12/09/2024 | Buy Now | 112.77% | Cantor Fitzgerald | Brett Knoblauch53% | → $35 | Initiates | → Overweight | Get Alert |
| 11/14/2024 | Buy Now | 94.53% | Canaccord Genuity | Joseph Vafi74% | $22 → $32 | Maintains | Buy | Get Alert |
| 11/14/2024 | Buy Now | 112.77% | HC Wainwright & Co. | Mike Colonnese70% | $26 → $35 | Maintains | Buy | Get Alert |
| 11/14/2024 | Buy Now | 94.53% | Craig-Hallum | George Sutton59% | $15 → $32 | Maintains | Buy | Get Alert |
| 11/14/2024 | Buy Now | 94.53% | Benchmark | Mark Palmer82% | $17 → $32 | Maintains | Buy | Get Alert |
| 11/14/2024 | Buy Now | 94.53% | Needham | John Todaro80% | $21 → $32 | Maintains | Buy | Get Alert |
| 10/07/2024 | Buy Now | 3.34% | Benchmark | Mark Palmer82% | $17 → $17 | Reiterates | Buy → Buy | Get Alert |
| 10/02/2024 | Buy Now | -8.81% | Craig-Hallum | George Sutton59% | $14 → $15 | Maintains | Buy | Get Alert |
| 09/24/2024 | Buy Now | 0.3% | Needham | John Todaro80% | $15 → $16.5 | Maintains | Buy | Get Alert |
| 09/20/2024 | Buy Now | -17.93% | HC Wainwright & Co. | Mike Colonnese70% | $13.5 → $13.5 | Reiterates | Buy → Buy | Get Alert |
| 08/23/2024 | Buy Now | -8.81% | Needham | John Todaro80% | $15 → $15 | Reiterates | Buy → Buy | Get Alert |
| 08/21/2024 | Buy Now | 33.74% | Canaccord Genuity | Joseph Vafi74% | $22 → $22 | Maintains | Buy | Get Alert |
| 08/14/2024 | Buy Now | 3.34% | Benchmark | Mark Palmer82% | $17 → $17 | Reiterates | Buy → Buy | Get Alert |
| 08/14/2024 | Buy Now | -17.93% | HC Wainwright & Co. | Mike Colonnese70% | $7.5 → $13.5 | Upgrade | Sell → Buy | Get Alert |
| 08/14/2024 | Buy Now | -8.81% | Needham | John Todaro80% | $15 → $15 | Reiterates | Buy → Buy | Get Alert |
| 07/31/2024 | Buy Now | 3.34% | Benchmark | Mark Palmer82% | $17 → $17 | Reiterates | Buy → Buy | Get Alert |
| 06/27/2024 | Buy Now | 33.74% | Canaccord Genuity | Joseph Vafi74% | $14 → $22 | Maintains | Buy | Get Alert |
| 06/25/2024 | Buy Now | -54.41% | HC Wainwright & Co. | Mike Colonnese70% | $7.5 → $7.5 | Reiterates | Sell → Sell | Get Alert |
| 06/24/2024 | Buy Now | -8.81% | Needham | John Todaro80% | $13 → $15 | Maintains | Buy | Get Alert |
| 06/21/2024 | Buy Now | 3.34% | Benchmark | Mark Palmer82% | $12 → $17 | Maintains | Buy | Get Alert |
| 06/14/2024 | Buy Now | -14.89% | Craig-Hallum | George Sutton59% | $12 → $14 | Maintains | Buy | Get Alert |
| 06/07/2024 | Buy Now | -27.05% | Benchmark | Mark Palmer82% | $12 → $12 | Reiterates | Buy → Buy | Get Alert |
| 05/17/2024 | Buy Now | -20.97% | Needham | John Todaro80% | $13 → $13 | Reiterates | Buy → Buy | Get Alert |
| 05/16/2024 | Buy Now | -27.05% | Benchmark | Mark Palmer82% | $12 → $12 | Reiterates | Buy → Buy | Get Alert |
| 05/16/2024 | Buy Now | -14.89% | Canaccord Genuity | Joseph Vafi74% | → $14 | Reiterates | Buy → Buy | Get Alert |
| 05/16/2024 | Buy Now | -54.41% | HC Wainwright & Co. | Mike Colonnese70% | $9 → $7.5 | Maintains | Sell | Get Alert |
| 05/16/2024 | Buy Now | -27.05% | Craig-Hallum | George Sutton59% | $12 → $12 | Upgrade | Hold → Buy | Get Alert |
| 05/16/2024 | Buy Now | -20.97% | Needham | John Todaro80% | $12 → $13 | Maintains | Buy | Get Alert |
| 05/07/2024 | Buy Now | -27.05% | Benchmark | Mark Palmer82% | $12 → $12 | Reiterates | Buy → Buy | Get Alert |
| 04/22/2024 | Buy Now | -27.05% | Benchmark | Mark Palmer82% | → $12 | Initiates | → Buy | Get Alert |
| 04/05/2024 | Buy Now | -14.89% | Canaccord Genuity | Joseph Vafi74% | $17.5 → $14 | Maintains | Buy | Get Alert |
| 04/01/2024 | Buy Now | -27.05% | Craig-Hallum | George Sutton59% | $10 → $12 | Maintains | Hold | Get Alert |
| 04/01/2024 | Buy Now | -27.05% | Needham | John Todaro80% | → $12 | Reiterates | Buy → Buy | Get Alert |
| 03/28/2024 | Buy Now | -45.29% | HC Wainwright & Co. | Mike Colonnese70% | $7 → $9 | Maintains | Sell | Get Alert |
| 03/28/2024 | Buy Now | -78.72% | Canaccord Genuity | Joseph Vafi74% | → $3.5 | Reiterates | Buy → Buy | Get Alert |
| 03/18/2024 | Buy Now | -27.05% | Needham | John Todaro80% | → $12 | Initiates | → Buy | Get Alert |
| 02/27/2024 | Buy Now | -57.45% | HC Wainwright & Co. | Mike Colonnese70% | $7 → $7 | Reiterates | Sell → Sell | Get Alert |
| 11/15/2023 | Buy Now | -78.72% | Canaccord Genuity | Joseph Vafi74% | → $3.5 | Reiterates | Buy → Buy | Get Alert |
| 08/15/2023 | Buy Now | -83.28% | HC Wainwright & Co. | Mike Colonnese70% | $1.6 → $2.75 | Maintains | Neutral | Get Alert |
| 08/15/2023 | Buy Now | -78.72% | Canaccord Genuity | Joseph Vafi74% | $3 → $3.5 | Maintains | Buy | Get Alert |
| 05/15/2023 | Buy Now | -81.76% | Canaccord Genuity | Joseph Vafi74% | $5 → $3 | Maintains | Buy | Get Alert |
| 05/12/2023 | Buy Now | -90.27% | HC Wainwright & Co. | Mike Colonnese70% | → $1.6 | Reiterates | Neutral → Neutral | Get Alert |
| 03/13/2023 | Buy Now | -69.6% | Canaccord Genuity | Joseph Vafi74% | $6 → $5 | Maintains | Buy | Get Alert |
| 03/10/2023 | Buy Now | -90.27% | HC Wainwright & Co. | Mike Colonnese70% | $2 → $1.6 | Maintains | Neutral | Get Alert |
| 02/08/2023 | Buy Now | -63.53% | Canaccord Genuity | Joseph Vafi74% | → $6 | Reiterates | → Buy | Get Alert |
| 02/08/2023 | Buy Now | -87.84% | HC Wainwright & Co. | Mike Colonnese70% | $1.5 → $2 | Maintains | Neutral | Get Alert |
| 12/09/2022 | Buy Now | -90.88% | HC Wainwright & Co. | Mike Colonnese70% | → $1.5 | Assumes | → Neutral | Get Alert |
| 11/11/2022 | Buy Now | -87.84% | Craig-Hallum | George Sutton59% | → $2 | Downgrade | Buy → Hold | Get Alert |
| 08/17/2022 | Buy Now | — | DA Davidson | Chris Brendler62% | — | Downgrade | Buy → Neutral | Get Alert |
FAQ
What is the target price for Hut 8 (HUT) stock?
The latest price target for Hut 8 (NASDAQ:HUT) was reported by JMP Securities on May 22, 2025. The analyst firm set a price target for $25.00 expecting HUT to rise to within 12 months (a possible 51.98% upside). 42 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Hut 8 (HUT)?
The latest analyst rating for Hut 8 (NASDAQ:HUT) was provided by JMP Securities, and Hut 8 initiated their market outperform rating.
When was the last upgrade for Hut 8 (HUT)?
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.
When was the last downgrade for Hut 8 (HUT)?
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.
When is the next analyst rating going to be posted or updated for Hut 8 (HUT)?
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 22, 2025 so you should expect the next rating to be made available sometime around May 22, 2026.
Is the Analyst Rating Hut 8 (HUT) correct?
While ratings are subjective and will change, the latest Hut 8 (HUT) rating was a initiated with a price target of $0.00 to $25.00. The current price Hut 8 (HUT) is trading at is $16.45, which is within the analyst’s predicted range.
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