$8.85
-0.01[-0.11%]
At close: Apr 26
$8.85
0[0.00%]
After Hours: 6:44PM EDT
Hut 8 Stock (NASDAQ:HUT), Analyst Ratings, Price Targets, Predictions
Hut 8 Corp has a consensus price target of $9.14, established from looking at the 28 latest analyst ratings. The last 3 analyst ratings were released from Benchmark, Canaccord Genuity, and Craig-Hallum on April 22, 2024, April 5, 2024, and April 1, 2024. With an average price target of $12.67 between Benchmark, Canaccord Genuity, and Craig-Hallum, there's an implied 43.13% upside for Hut 8 Corp from these 3 analyst ratings.
Analyst Firms Making Recommendations1
Benchmark
Canaccord Genuity
Craig-Hallum
Needham
HC Wainwright & Co.
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 04/22/2024 | HUT | Buy Now | Hut 8 | $8.85 | 35.59% | Benchmark | Mark Palmer | → $12 | Initiates | → Buy | Get Alert |
| 04/05/2024 | HUT | Buy Now | Hut 8 | $8.85 | 58.19% | Canaccord Genuity | Joseph Vafi | $17.5 → $14 | Maintains | Buy | Get Alert |
| 04/01/2024 | HUT | Buy Now | Hut 8 | $8.85 | 35.59% | Craig-Hallum | George Sutton | $10 → $12 | Maintains | Hold | Get Alert |
| 04/01/2024 | HUT | Buy Now | Hut 8 | $8.85 | 35.59% | Needham | John Todaro | → $12 | Reiterates | Buy → Buy | Get Alert |
| 03/28/2024 | HUT | Buy Now | Hut 8 | $8.85 | 1.69% | HC Wainwright & Co. | Mike Colonnese | $7 → $9 | Maintains | Sell | Get Alert |
| 03/28/2024 | HUT | Buy Now | Hut 8 | $8.85 | -60.45% | Canaccord Genuity | Joseph Vafi | → $3.5 | Reiterates | Buy → Buy | Get Alert |
| 03/18/2024 | HUT | Buy Now | Hut 8 | $8.85 | 35.59% | Needham | John Todaro | → $12 | Initiates | → Buy | Get Alert |
| 02/27/2024 | HUT | Buy Now | Hut 8 | $8.85 | -20.9% | HC Wainwright & Co. | Mike Colonnese | → $7 | Reiterates | Sell → Sell | Get Alert |
| 11/15/2023 | HUT | Buy Now | Hut 8 Mining | $8.85 | -60.45% | Canaccord Genuity | Joseph Vafi | → $17.5 | Reiterates | Buy → Buy | Get Alert |
| 08/15/2023 | HUT | Buy Now | Hut 8 Mining | $8.85 | -68.93% | HC Wainwright & Co. | Mike Colonnese | $8 → $13.75 | Maintains | Neutral | Get Alert |
| 08/15/2023 | HUT | Buy Now | Hut 8 Mining | $8.85 | -60.45% | Canaccord Genuity | Joseph Vafi | $15 → $17.5 | Maintains | Buy | Get Alert |
| 05/15/2023 | HUT | Buy Now | Hut 8 Mining | $8.85 | -66.1% | Canaccord Genuity | Joseph Vafi | $25 → $15 | Maintains | Buy | Get Alert |
| 05/12/2023 | HUT | Buy Now | Hut 8 Mining | $8.85 | -81.92% | HC Wainwright & Co. | Mike Colonnese | → $8 | Reiterates | Neutral → Neutral | Get Alert |
| 03/13/2023 | HUT | Buy Now | Hut 8 Mining | $8.85 | -43.5% | Canaccord Genuity | Joseph Vafi | $30 → $25 | Maintains | Buy | Get Alert |
| 03/10/2023 | HUT | Buy Now | Hut 8 Mining | $8.85 | -81.92% | HC Wainwright & Co. | Mike Colonnese | $10 → $8 | Maintains | Neutral | Get Alert |
| 02/08/2023 | HUT | Buy Now | Hut 8 Mining | $8.85 | -32.2% | Canaccord Genuity | Joseph Vafi | → $30 | Reiterates | → Buy | Get Alert |
| 02/08/2023 | HUT | Buy Now | Hut 8 Mining | $8.85 | -77.4% | HC Wainwright & Co. | Mike Colonnese | $7.5 → $10 | Maintains | Neutral | Get Alert |
| 12/09/2022 | HUT | Buy Now | Hut 8 Mining | $8.85 | -83.05% | HC Wainwright & Co. | Mike Colonnese | → $7.5 | Assumes | → Neutral | Get Alert |
| 11/11/2022 | HUT | Buy Now | Hut 8 Mining | $8.85 | -77.4% | Craig-Hallum | George Sutton | → $10 | Downgrade | Buy → Hold | Get Alert |
FAQ
What is the target price for Hut 8 (HUT)?
The latest price target for Hut 8 (NASDAQ: HUT) was reported by Benchmark on April 22, 2024. The analyst firm set a price target for $12.00 expecting HUT to rise to within 12 months (a possible 35.59% upside). 13 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 Benchmark, and Hut 8 initiated their buy rating.
When was the last upgrade for Hut 8 (HUT)?
There is no last upgrade for Hut 8.
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 April 22, 2024 so you should expect the next rating to be made available sometime around April 22, 2025.
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 $12.00. The current price Hut 8 (HUT) is trading at is $8.85, which is within the analyst’s predicted range.
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