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Hut 8 (HUT) Stock Forecast, Price Target & Predictions

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HUT Stock Forecast

Hut 8 (HUT) stock forecast, based on 7 Wall Street analysts, predicts a 12-month average price target of $24.33, with a high of $33.00 and a low of $20.00. This represents a 32.52% increase from the last price of $18.36.

$5 $11 $17 $23 $29 $35 High: $33 Avg: $24.33 Low: $20 Last Closed Price: $18.36

HUT Stock Rating

Hut 8 stock's rating consensus is Buy, based on 7 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 6 Buy (85.71%), 1 Hold (14.29%), 0 Sell (0.00%), and 0 Strong Sell (0.00%).

Buy
Total 7 0 1 6 Strong Sell Sell Hold Buy Strong Buy

HUT Price Target Upside V Benchmarks

TypeNameUpside
StockHut 832.52%
SectorFinancial Services Stocks 3.41%
IndustryCapital Markets Stocks-8.14%
IdeaCrypto Stocks List18.48%

Price Target Trends

1M3M12M
# Anlaysts-310
Avg Price Target-$24.33$19.60
Last Closing Price$18.36$18.36$18.36
Upside/Downside-32.52%6.75%
Ratings Trends
DateStrong BuyBuyHoldSellStrong SellTotal
Jun, 2569---15
May, 2548---12
Apr, 2546---10
Mar, 2545---9
Feb, 2545---9
Analyst Price Target Forecasts
DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
May 01, 2025Matthew GalinkoMaxim Group$20.00$13.5148.04%8.93%
Apr 21, 2025Northland Securities$20.00$10.6487.97%8.93%
Apr 02, 2025Mark PalmerUBS$33.00$13.39146.45%79.74%
Nov 15, 2024Joseph VafiCanaccord Genuity$32.00$23.7834.57%74.29%
Sep 24, 2024John TodaroNeedham$8.00$11.64-31.27%-56.43%
Sep 24, 2024John TodaroNeedham$16.50$11.5742.61%-10.13%
Aug 14, 2024Mark PalmerCoker Palmer$17.00$11.0653.71%-7.41%
Aug 14, 2024Mike ColonneseH.C. Wainwright$13.50$10.9723.06%-26.47%
Jun 27, 2024Joseph VafiCanaccord Genuity$22.00$17.2127.83%19.83%
Jun 14, 2024George SuttonCraig-Hallum$14.00$11.5121.63%-23.75%
Analyst Rating Forecasts
DateCompanyPrevious RatingNew RatingRating Change
Jun 06, 2025Roth CapitalBuyinitialise
May 22, 2025CitigroupNeutralOutperforminitialise
May 14, 2025B. RileyBuyinitialise
Jan 07, 2025BenchmarkBuyBuyhold
Jan 07, 2025Cantor FitzgeraldOverweightOverweighthold
Dec 09, 2024Cantor FitzgeraldOverweightinitialise
Nov 15, 2024Canaccord GenuityBuyBuyhold
Oct 02, 2024Craig-HallumBuyBuyhold
Sep 24, 2024OppenheimerOutperformOutperformhold
Sep 24, 2024NeedhamBuyBuyhold

Financial Forecast

EPS Forecast

$-3 $-2 $-1 $0 $1 $2 $3 $4 $5 Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27
Reported$1.01$-2.71-$0.16----
Avg Forecast$-0.70$2.28$2.40$-0.71$2.75$0.18$1.49$3.56
High Forecast$-0.56$2.90$2.91$-0.69$3.29$0.21$2.88$4.25
Low Forecast$-0.89$1.82$2.05$-0.73$2.32$0.15$0.60$2.99
Surprise %-244.29%-218.86%--122.54%----

Revenue Forecast

$0 $160M $320M $480M $640M $800M Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27
Reported$40.71M$173.77M-$81.80M----
Avg Forecast$24.30M$163.21M$172.07M$153.41M$240.00M$411.99M$732.43M$772.42M
High Forecast$29.37M$197.22M$199.97M$176.61M$247.61M$454.99M$734.29M$773.82M
Low Forecast$20.56M$138.03M$152.73M$134.79M$232.39M$368.99M$730.57M$771.02M
Surprise %67.50%6.47%--46.68%----

Net Income Forecast

$-100M $-10M $80M $170M $260M $350M Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27
Reported$19.04M$-72.71M-$8.38M----
Avg Forecast$-38.78M$126.01M$195.83M$-57.71M$256.90M$14.02M$180.77M$295.34M
High Forecast$-31.00M$160.14M$237.12M$-56.23M$268.29M$17.25M$234.68M$346.68M
Low Forecast$-49.28M$100.73M$167.22M$-59.20M$188.82M$12.14M$49.28M$244.00M
Surprise %-149.10%-157.70%--114.52%----

HUT Forecast FAQ

Is Hut 8 stock a buy?

Hut 8 stock has a consensus rating of Buy, based on 7 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 6 Buy, 1 Hold, 0 Sell, and 0 Strong Sell, reflecting a consensus that Hut 8 is a favorable investment for most analysts.

What is Hut 8's price target?

Hut 8's price target, set by 7 Wall Street analysts, averages $24.33 over the next 12 months. The price target range spans from $20 at the low end to $33 at the high end, suggesting a potential 32.52% change from the previous closing price of $18.36.

How does Hut 8 stock forecast compare to its benchmarks?

Hut 8's stock forecast shows a 32.52% upside, outperforming the average forecast for the financial services stocks sector (3.41%) and outperforming the capital markets stocks industry (-8.14%), leading the crypto stocks list (18.48%) investment idea.

What is the breakdown of analyst ratings for Hut 8 over the past three months?

  • June 2025: 40.00% Strong Buy, 60.00% Buy, 0% Hold, 0% Sell, 0% Strong Sell.
  • May 2025: 33.33% Strong Buy, 66.67% Buy, 0% Hold, 0% Sell, 0% Strong Sell.
  • April 2025: 40.00% Strong Buy, 60.00% Buy, 0% Hold, 0% Sell, 0% Strong Sell.

What is Hut 8’s EPS forecast?

Hut 8's average annual EPS forecast for its fiscal year ending in December 2024 is $2.75, marking a 1618.75% increase from the reported $0.16 in 2023. Estimates for the following years are $0.18 in 2025, $1.49 in 2026, and $3.56 in 2027.

What is Hut 8’s revenue forecast?

Hut 8's average annual revenue forecast for its fiscal year ending in December 2024 is $240M, reflecting a 193.40% increase from the reported $81.8M in 2023. The forecast for 2025 is $411.99M, followed by $732.43M for 2026, and $772.42M for 2027.

What is Hut 8’s net income forecast?

Hut 8's net income forecast for the fiscal year ending in December 2024 stands at $256.9M, representing an 2966.00% increase from the reported $8.38M in 2023. Projections indicate $14.02M in 2025, $180.77M in 2026, and $295.34M in 2027.