Comments
Loading...

Hut 8 Analyst Ratings

HUTNASDAQ
Logo brought to you by Benzinga Data
$12.90
-0.02-0.15%
At close: -
$12.97
0.070.54%
After Hours: Mar 21, 7:57 PM EDT
Consensus Rating1
Buy
Highest Price Target1
$41.00
Lowest Price Target1
$5.00
Consensus Price Target1
$29.20

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
5
Nov 24
5
Dec 24
3
Jan
5
Mar
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
4.1
Buy
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Cantor Fitzgerald
Rosenblatt
Needham
HC Wainwright & Co.
Canaccord Genuity

1calculated from analyst ratings

Analyst Ratings for Hut 8

Buy NowGet Alert
03/07/2025Buy Now—Cantor Fitzgerald
Brett Knoblauch46%
$30 → $30ReiteratesOverweight → OverweightGet Alert
03/07/2025Buy Now—Rosenblatt
Chris Brendler49%
→ $23Initiates → BuyGet Alert
03/04/2025Buy Now—Needham
John Todaro74%
$30 → $30ReiteratesBuy → BuyGet Alert
03/04/2025Buy Now—HC Wainwright & Co.
Mike Colonnese55%
$35 → $30MaintainsBuyGet Alert
03/04/2025Buy Now—Canaccord Genuity
Joseph Vafi69%
$32 → $32MaintainsBuyGet Alert
01/13/2025Buy Now—Needham
John Todaro74%
$38 → $38ReiteratesBuy → BuyGet Alert
01/07/2025Buy Now—Benchmark
Mark Palmer78%
→ $41ReiteratesBuy → BuyGet Alert
01/07/2025Buy Now—Cantor Fitzgerald
Brett Knoblauch46%
$35 → $35ReiteratesOverweight → OverweightGet Alert
12/17/2024Buy Now—Piper Sandler
Patrick Moley78%
→ $33Initiates → OverweightGet Alert
12/17/2024Buy Now—Needham
John Todaro74%
$32 → $38MaintainsBuyGet Alert
12/12/2024Buy Now—Cantor Fitzgerald
Brett Knoblauch46%
$35 → $35ReiteratesOverweight → OverweightGet Alert
12/12/2024Buy Now—Jones Trading
Stephen Glagola45%
→ $36Initiates → BuyGet Alert
12/09/2024Buy Now—Cantor Fitzgerald
Brett Knoblauch46%
→ $35Initiates → OverweightGet Alert
11/14/2024Buy Now—Canaccord Genuity
Joseph Vafi69%
$22 → $32MaintainsBuyGet Alert
11/14/2024Buy Now—HC Wainwright & Co.
Mike Colonnese55%
$26 → $35MaintainsBuyGet Alert
11/14/2024Buy Now—Craig-Hallum
George Sutton66%
$15 → $32MaintainsBuyGet Alert
11/14/2024Buy Now—Benchmark
Mark Palmer78%
$17 → $32MaintainsBuyGet Alert
11/14/2024Buy Now—Needham
John Todaro74%
$21 → $32MaintainsBuyGet Alert
10/07/2024Buy Now—Benchmark
Mark Palmer78%
$17 → $17ReiteratesBuy → BuyGet Alert
10/02/2024Buy Now—Craig-Hallum
George Sutton66%
$14 → $15MaintainsBuyGet Alert
09/24/2024Buy Now—Needham
John Todaro74%
$15 → $16.5MaintainsBuyGet Alert
09/20/2024Buy Now—HC Wainwright & Co.
Mike Colonnese55%
$13.5 → $13.5ReiteratesBuy → BuyGet Alert
08/23/2024Buy Now—Needham
John Todaro74%
$15 → $15ReiteratesBuy → BuyGet Alert
08/21/2024Buy Now—Canaccord Genuity
Joseph Vafi69%
$22 → $22MaintainsBuyGet Alert
08/14/2024Buy Now—Benchmark
Mark Palmer78%
$17 → $17ReiteratesBuy → BuyGet Alert
08/14/2024Buy Now—HC Wainwright & Co.
Mike Colonnese55%
$7.5 → $13.5UpgradeSell → BuyGet Alert
08/14/2024Buy Now—Needham
John Todaro74%
$15 → $15ReiteratesBuy → BuyGet Alert
07/31/2024Buy Now—Benchmark
Mark Palmer78%
$17 → $17ReiteratesBuy → BuyGet Alert
06/27/2024Buy Now—Canaccord Genuity
Joseph Vafi69%
$14 → $22MaintainsBuyGet Alert
06/25/2024Buy Now—HC Wainwright & Co.
Mike Colonnese55%
$7.5 → $7.5ReiteratesSell → SellGet Alert
06/24/2024Buy Now—Needham
John Todaro74%
$13 → $15MaintainsBuyGet Alert
06/21/2024Buy Now—Benchmark
Mark Palmer78%
$12 → $17MaintainsBuyGet Alert
06/14/2024Buy Now—Craig-Hallum
George Sutton66%
$12 → $14MaintainsBuyGet Alert
06/07/2024Buy Now—Benchmark
Mark Palmer78%
$12 → $12ReiteratesBuy → BuyGet Alert
05/17/2024Buy Now—Needham
John Todaro74%
$13 → $13ReiteratesBuy → BuyGet Alert
05/16/2024Buy Now—Benchmark
Mark Palmer78%
$12 → $12ReiteratesBuy → BuyGet Alert
05/16/2024Buy Now—Canaccord Genuity
Joseph Vafi69%
→ $14ReiteratesBuy → BuyGet Alert
05/16/2024Buy Now—HC Wainwright & Co.
Mike Colonnese55%
$9 → $7.5MaintainsSellGet Alert
05/16/2024Buy Now—Craig-Hallum
George Sutton66%
$12 → $12UpgradeHold → BuyGet Alert
05/16/2024Buy Now—Needham
John Todaro74%
$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 Vafi69%
$17.5 → $14MaintainsBuyGet Alert
04/01/2024Buy Now—Craig-Hallum
George Sutton66%
$10 → $12MaintainsHoldGet Alert
04/01/2024Buy Now—Needham
John Todaro74%
→ $12ReiteratesBuy → BuyGet Alert
03/28/2024Buy Now—HC Wainwright & Co.
Mike Colonnese55%
$7 → $9MaintainsSellGet Alert
03/28/2024Buy Now—Canaccord Genuity
Joseph Vafi69%
→ $3.5ReiteratesBuy → BuyGet Alert
03/18/2024Buy Now—Needham
John Todaro74%
→ $12Initiates → BuyGet Alert
02/27/2024Buy Now—HC Wainwright & Co.
Mike Colonnese55%
$7 → $7ReiteratesSell → SellGet Alert
11/15/2023Buy Now—Canaccord Genuity
Joseph Vafi69%
→ $17.5ReiteratesBuy → BuyGet Alert
08/15/2023Buy Now—HC Wainwright & Co.
Mike Colonnese55%
$8 → $13.75MaintainsNeutralGet Alert
08/15/2023Buy Now—Canaccord Genuity
Joseph Vafi69%
$15 → $17.5MaintainsBuyGet Alert
05/15/2023Buy Now—Canaccord Genuity
Joseph Vafi69%
$25 → $15MaintainsBuyGet Alert
05/12/2023Buy Now—HC Wainwright & Co.
Mike Colonnese55%
→ $8ReiteratesNeutral → NeutralGet Alert
03/13/2023Buy Now—Canaccord Genuity
Joseph Vafi69%
$30 → $25MaintainsBuyGet Alert
03/10/2023Buy Now—HC Wainwright & Co.
Mike Colonnese55%
$10 → $8MaintainsNeutralGet Alert
02/08/2023Buy Now—Canaccord Genuity
Joseph Vafi69%
→ $30Reiterates → BuyGet Alert
02/08/2023Buy Now—HC Wainwright & Co.
Mike Colonnese55%
$7.5 → $10MaintainsNeutralGet Alert
12/09/2022Buy Now—HC Wainwright & Co.
Mike Colonnese55%
→ $7.5Assumes → NeutralGet Alert
11/11/2022Buy Now—Craig-Hallum
George Sutton66%
→ $10DowngradeBuy → HoldGet Alert
08/17/2022Buy Now—DA Davidson
Chris Brendler49%
—DowngradeBuy → NeutralGet Alert
05/19/2022Buy Now—HC Wainwright & Co.
Kevin Dede57%
$95 → $25MaintainsBuyGet Alert
05/13/2022Buy Now—Canaccord Genuity
Joseph Vafi69%
$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 Cantor Fitzgerald on March 7, 2025. The analyst firm set a price target for $30.00 expecting HUT to rise to within 12 months (a possible 131.30% upside). 47 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 Cantor Fitzgerald, and Hut 8 reiterated their overweight 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 March 7, 2025 so you should expect the next rating to be made available sometime around March 7, 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 reiterated with a price target of $30.00 to $30.00. The current price Hut 8 (HUT) is trading at is $12.97, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.