The latest price target for Hut 8 (NASDAQ:HUT) was reported by Needham on September 24, 2024. The analyst firm set a price target for $16.50 expecting HUT to rise to within 12 months (a possible 29.82% upside). 30 analyst firms have reported ratings in the last year.

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

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.

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.

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 September 24, 2024 so you should expect the next rating to be made available sometime around September 24, 2025.

While ratings are subjective and will change, the latest Hut 8 (HUT) rating was a maintained with a price target of $15.00 to $16.50. The current price Hut 8 (HUT) is trading at is $12.71, which is out of the analyst’s predicted range.