Consensus Rating1
Buy
Highest Price Target1
$38.00
Lowest Price Target1
$5.00
Consensus Price Target1
$30.89

Hut 8 (NASDAQ:HUT) Stock, Analyst Ratings, Price Targets, Forecasts

Quote.Descriptions.analyst-ratings.

Analyst Trends and Forecast
5
Aug
2
Sep
2
Oct
5
Nov
5
Dec
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
4.1
Buy
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Piper Sandler
Needham
Cantor Fitzgerald
Jones Trading
Canaccord Genuity

1calculated from analyst ratings

Analyst Ratings for Hut 8

Data brought to you by Benzinga APIs

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 Piper Sandler on December 17, 2024. The analyst firm set a price target for $33.00 expecting HUT to rise to within 12 months (a possible 15.34% upside). 41 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 Piper Sandler, and Hut 8 initiated 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 December 17, 2024 so you should expect the next rating to be made available sometime around December 17, 2025.

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 initiated with a price target of $0.00 to $33.00. The current price Hut 8 (HUT) is trading at is $28.61, which is within the analyst’s predicted range.

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