Hut 8 Corp. Common Stock (HUT) Stock Forecast & Price Target
Hut 8 Corp. Common Stock · NASDAQ
$101.17-3.42 (-3.27%)
15-min delayed · Jul 28, 3:45 PM ET · Get real-time quotes →
The Quantellect read.Of the 16 firms covering Hut 8 Corp. Common Stock, 16 rate it Buy or better, 0 sit at Hold, and 0 rate it Sell or worse, a moderate buy consensus. The target range is very wide, $65.00 to $263.00 (about 4.0x), which points to deep disagreement over how to value the company rather than near-term timing. The average target of $132.86 sits 31% above the current $101.17. The rating mix has stayed broadly stable, with Buy-side ratings edging up from 13 to 16 over recent months. On the fundamentals, the Street sees consensus EPS building from about $-0.88 next quarter toward $-2.51 the year after.Descriptive synthesis of third-party analyst data, not a Quantellect rating or recommendation.
ANALYST CONSENSUS16 ratings
Moderate Buy
Strong Buy00%
Buy16100%
Hold00%
Sell00%
Strong Sell00%
Based on 16 analysts giving stock ratings to Hut 8 Corp. Common Stock.
As of Jul, 16 of 16 firms rate HUT a Buy (0 Hold, 0 Sell), the standing distribution of every covering firm's most recent active call.
HUT EPS & revenue forecast
EPS · NEXT QUARTER
$-0.88
Range $-1.68 – $0.17 · 4 analysts · +1814% YoY
Next period, 4 analysts expect Hut 8 Corp. Common Stock to earn $-0.88 a share (range $-1.68 – $0.17), versus $-0.05 a year earlier. Full-year consensus is $0.59, growing to $-2.51 the year after.
REVENUE · NEXT QUARTER
$86.1M
Range $73.4M – $102.0M · 4 analysts · +3% YoY
Revenue is expected to reach $86.1M (range $73.4M – $102.0M), +3.1% year-over-year. Full-year consensus is $330.7M, rising to $614.3M next year.
Top analysts covering Hut 8 Corp. Common Stock
Ranked by each analyst's overall Quantellect track record across all the stocks they cover, shown with their current call on HUT.
#1
Patrick Moley
Piper Sandler · Rank #92
Buy
$127.00+25.5% to target
Overall win rate
42%
+ Follow
#2
George Sutton
Craig-Hallum · Rank #114
Buy
No targeton HUT
Overall win rate
36%
+ Follow
#3
Kevin Dede
HC Wainwright & Co. · Rank #250
Buy
$80.00-20.9% to target
Overall win rate
27%
+ Follow
#4
Gregory Lewis
BTIG · Rank #251
Buy
$150.00+48.3% to target
Overall win rate
40%
+ Follow
#5
Brett Knoblauch
Cantor Fitzgerald · Rank #268
Buy
$80.00-20.9% to target
Overall win rate
36%
+ Follow
HUT stock forecast FAQ
What is HUT's average 12-month price target?+
The 14 analysts with a live target average $132.86 for Hut 8 Corp. Common Stock over the next 12 months, ranging from a $263.00 high to a $65.00 low.
Is HUT stock a Buy, Sell or Hold right now?+
The current consensus is Moderate Buy. Of the 16 analyst ratings, 16 are Buy or Strong Buy, 0 are Hold, and 0 are Sell or Strong Sell.
What are the highest and lowest price targets for HUT?+
The Street-high target is $263.00 (Morgan Stanley), and the Street-low is $65.00 (JMP Securities). The average of all 14 active targets is $132.86.
How many Wall Street analysts cover HUT?+
16 analysts have an active rating on Hut 8 Corp. Common Stock, and 14 firms carry a live 12-month price target.
Who is the most accurate analyst covering HUT?+
Among analysts who currently cover HUT, Patrick Moley of Piper Sandler has the strongest overall Quantellect track record (Rank #92). Their current call is Buy with a $127.00 target.
What is Hut 8 Corp. Common Stock's projected EPS for next quarter?+
The consensus estimate is $-0.88 per share (range $-1.68 – $0.17) across 4 analysts. Full-year EPS is projected at $0.59, rising to $-2.51 the following year.
How much revenue is Hut 8 Corp. Common Stock expected to report next quarter?+
Consensus revenue is $86.1M (range $73.4M – $102.0M). Full-year revenue is projected at $330.7M, growing to $614.3M next year.
Have analysts been upgrading or downgrading HUT lately?+
As of Jul, 16 of 16 firms rate HUT a Buy (0 Hold, 0 Sell), the standing distribution of every covering firm's most recent active call.
How are the analysts on this page ranked?+
By each analyst's overall Quantellect track record — a sample-adjusted measure of how accurate their calls have been across every stock they cover. We do not rank on their HUT calls alone, since a single stock is too small a sample to be reliable.
Which data on this page is live, and how often does it update?+
Price and daily change are 15-minute delayed market data. Analyst ratings, targets, consensus and earnings estimates are aggregated from multiple data providers and refresh daily.
Disclaimer: Ratings, price targets, consensus and earnings estimates on this page describe third-party analyst research aggregated from multiple data providers and refreshed daily; price and daily change are 15-minute delayed. These are historical opinions, not recommendations, and nothing on this page, including The Quantellect read, is a rating, a price target, or investment advice from Quantellect. Always do your own research and consult a licensed financial advisor before making investment decisions.
