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Hut 8 (TSE:HUT)
TSX:HUT
Canadian Market

Hut 8 (HUT) Stock Forecast & Price Target

1,258 Followers
See the Price Targets and Ratings of:

HUT Analyst Ratings

Strong Buy
13Ratings
Strong Buy
13 Buy
0 Hold
0 Sell
Based on 13 analysts giving stock ratings to
Hut
8
in the past 3 months
TipRanks enables you to focus on the analyst rating consensus of all analysts or only the top performers​ in the past 3 months

HUT Stock 12 Month Forecast

Average Price Target

C$108.40
▲(61.84% Upside)
Based on 13 Wall Street analysts offering 12 month price targets for Hut 8 in the last 3 months. The average price target is C$108.40 with a high forecast of C$189.37 and a low forecast of C$90.51. The average price target represents a 61.84% change from the last price of C$66.98.
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 <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 28,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 2, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":20.83,"date":1748736000000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 23,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 5, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":25.37,"date":1751328000000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 23,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 7, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":27.3,"date":1754006400000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 26,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 10, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":37.75,"date":1756684800000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 27,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 7, \t&nbsp;</span>\n    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Highest Price TargetC$189.37Average Price TargetC$108.40Lowest Price TargetC$90.51
The highest, average, and lowest price target of all analysts. Click on ‘Top Analysts’ to focus on the best performers.

Detailed List of Analyst Forecasts​

Detailed List of Analyst Forecasts​
Analyst Profile
Expert Firm
Price Target
Position
Upside / Downside
Action
Date
Follow
Article
Roth MKM
C$111.15
Buy
65.94%
Upside
Reiterated
03/27/26
Hut 8 (HUT) Gets a Buy from Roth MKM
Arete Research Analyst forecast on TSE:HUT
Arete Research
Arete Research
C$188.95
Buy
182.10%
Upside
Initiated
03/23/26
Hut 8 initiated with a Buy at AreteHut 8 initiated with a Buy at Arete
Clear Street Analyst forecast on TSE:HUT
Clear Street
Clear Street
C$83.36C$97.25
Buy
45.20%
Upside
Reiterated
03/04/26
Hut 8 price target raised to $70 from $60 at Clear StreetHut 8 price target raised to $70 from $60 at Clear Street
Maxim Group Analyst forecast on TSE:HUT
Maxim Group
Maxim Group
C$81C$97.25
Buy
45.20%
Upside
Reiterated
03/02/26
Maintaining Buy on Hut 8: Power-Centric Pivot, AI Datacenter Growth, and Strategic Bitcoin Optionality Support $70 Target
Canaccord Genuity Analyst forecast on TSE:HUT
Canaccord Genuity
Canaccord Genuity
C$86.14C$97.25
Buy
45.20%
Upside
Reiterated
02/27/26
Hut 8 price target raised to $70 from $62 at CanaccordHut 8 price target raised to $70 from $62 at Canaccord
Needham
C$83.36C$91.7
Buy
36.90%
Upside
Reiterated
02/26/26
Hut 8: Operational Outperformance and Strategic AI Partnerships Drive Upside to 2027
Craig-Hallum Analyst forecast on TSE:HUT
Craig-Hallum
Craig-Hallum
C$111.15
Buy
65.94%
Upside
Reiterated
02/26/26
Hut 8 (HUT) Gets a Buy from Craig-Hallum
Rosenblatt Securities Analyst forecast on TSE:HUT
Rosenblatt Securities
Rosenblatt Securities
C$90.31
Buy
34.83%
Upside
Reiterated
02/26/26
Rosenblatt Securities Reaffirms Their Buy Rating on Hut 8 (HUT)
Northland Securities Analyst forecast on TSE:HUT
Northland Securities
Northland Securities
C$80.58C$97.25
Buy
45.20%
Upside
Reiterated
02/26/26
Northland Securities Sticks to Their Buy Rating for Hut 8 (HUT)
H.C. Wainwright Analyst forecast on TSE:HUT
H.C. Wainwright
H.C. Wainwright
C$111.15
Buy
65.94%
Upside
Reiterated
02/26/26
Hut 8: Accelerating Shift from Bitcoin Mining to High-Value HPC Infrastructure Supports Reiterated Buy and $80 Target
B. Riley Securities Analyst forecast on TSE:HUT
B. Riley Securities
B. Riley Securities
C$105.59
Buy
57.64%
Upside
Reiterated
02/25/26
Hut 8 (HUT) Receives a Buy from B. Riley Securities
KBW
C$76.41C$104.2
Buy
55.57%
Upside
Reiterated
01/26/26
Hut 8 price target raised to $75 from $55 at Keefe BruyetteHut 8 price target raised to $75 from $55 at Keefe Bruyette
Piper Sandler Analyst forecast on TSE:HUT
Piper Sandler
Piper Sandler
C$102.81
Buy
53.49%
Upside
Reiterated
01/14/26
Piper Sandler Remains a Buy on Hut 8 (HUT)
Benchmark Co. Analyst forecast on TSE:HUT
Benchmark Co.
Benchmark Co.
C$108.37C$118.09
Buy
76.31%
Upside
Reiterated
12/22/25
Hut 8 price target raised to $85 from $78 at BenchmarkHut 8 price target raised to $85 from $78 at Benchmark
BTIG
C$76.41
Buy
14.08%
Upside
Reiterated
12/17/25
Hut 8: Transformative 15-Year HPC Colocation Deal and AI-Driven Expansion Underpin Buy Rating and $55 Target
Analyst Type
Any
Any
Human Analysts
Ranks
Any
Any
Analyst Rating
Any
Any
Upside/ Downside
Any
Any
Action
Any
Any
Analyst Profile
Expert Firm
Price Target
Position
Upside / Downside
Action
Date
Follow
Article
Roth MKM
C$111.15
Buy
65.94%
Upside
Reiterated
03/27/26
Hut 8 (HUT) Gets a Buy from Roth MKM
Arete Research Analyst forecast on TSE:HUT
Arete Research
Arete Research
C$188.95
Buy
182.10%
Upside
Initiated
03/23/26
Hut 8 initiated with a Buy at AreteHut 8 initiated with a Buy at Arete
Clear Street Analyst forecast on TSE:HUT
Clear Street
Clear Street
C$83.36C$97.25
Buy
45.20%
Upside
Reiterated
03/04/26
Hut 8 price target raised to $70 from $60 at Clear StreetHut 8 price target raised to $70 from $60 at Clear Street
Maxim Group Analyst forecast on TSE:HUT
Maxim Group
Maxim Group
C$81C$97.25
Buy
45.20%
Upside
Reiterated
03/02/26
Maintaining Buy on Hut 8: Power-Centric Pivot, AI Datacenter Growth, and Strategic Bitcoin Optionality Support $70 Target
Canaccord Genuity Analyst forecast on TSE:HUT
Canaccord Genuity
Canaccord Genuity
C$86.14C$97.25
Buy
45.20%
Upside
Reiterated
02/27/26
Hut 8 price target raised to $70 from $62 at CanaccordHut 8 price target raised to $70 from $62 at Canaccord
Needham
C$83.36C$91.7
Buy
36.90%
Upside
Reiterated
02/26/26
Hut 8: Operational Outperformance and Strategic AI Partnerships Drive Upside to 2027
Craig-Hallum Analyst forecast on TSE:HUT
Craig-Hallum
Craig-Hallum
C$111.15
Buy
65.94%
Upside
Reiterated
02/26/26
Hut 8 (HUT) Gets a Buy from Craig-Hallum
Rosenblatt Securities Analyst forecast on TSE:HUT
Rosenblatt Securities
Rosenblatt Securities
C$90.31
Buy
34.83%
Upside
Reiterated
02/26/26
Rosenblatt Securities Reaffirms Their Buy Rating on Hut 8 (HUT)
Northland Securities Analyst forecast on TSE:HUT
Northland Securities
Northland Securities
C$80.58C$97.25
Buy
45.20%
Upside
Reiterated
02/26/26
Northland Securities Sticks to Their Buy Rating for Hut 8 (HUT)
H.C. Wainwright Analyst forecast on TSE:HUT
H.C. Wainwright
H.C. Wainwright
C$111.15
Buy
65.94%
Upside
Reiterated
02/26/26
Hut 8: Accelerating Shift from Bitcoin Mining to High-Value HPC Infrastructure Supports Reiterated Buy and $80 Target
B. Riley Securities Analyst forecast on TSE:HUT
B. Riley Securities
B. Riley Securities
C$105.59
Buy
57.64%
Upside
Reiterated
02/25/26
Hut 8 (HUT) Receives a Buy from B. Riley Securities
KBW
C$76.41C$104.2
Buy
55.57%
Upside
Reiterated
01/26/26
Hut 8 price target raised to $75 from $55 at Keefe BruyetteHut 8 price target raised to $75 from $55 at Keefe Bruyette
Piper Sandler Analyst forecast on TSE:HUT
Piper Sandler
Piper Sandler
C$102.81
Buy
53.49%
Upside
Reiterated
01/14/26
Piper Sandler Remains a Buy on Hut 8 (HUT)
Benchmark Co. Analyst forecast on TSE:HUT
Benchmark Co.
Benchmark Co.
C$108.37C$118.09
Buy
76.31%
Upside
Reiterated
12/22/25
Hut 8 price target raised to $85 from $78 at BenchmarkHut 8 price target raised to $85 from $78 at Benchmark
BTIG
C$76.41
Buy
14.08%
Upside
Reiterated
12/17/25
Hut 8: Transformative 15-Year HPC Colocation Deal and AI-Driven Expansion Underpin Buy Rating and $55 Target
Stocks with the Highest Top Analyst Consensus in the Financial Sector
Find stocks in the Financial sector that are highly recommended by Top Performing Analysts.

Best Analysts Covering Hut 8

3 Months
xxx
Success Rate
10/15 ratings generated profit
67%
Average Return
+29.62%
reiterated a xxx
rating 3 months ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 3 Months would result in 66.67% of your transactions generating a profit, with an average return of +29.62% per trade.
1 Year
Bill PapanastasiouChardan Capital
Success Rate
9/9 ratings generated profit
100%
Average Return
+159.04%
reiterated a buy rating 11 months ago
Copying Bill Papanastasiou's trades and holding each position for 1 Year would result in 100.00% of your transactions generating a profit, with an average return of +159.04% per trade.
2 Years
xxx
Success Rate
9/9 ratings generated profit
100%
Average Return
+289.17%
reiterated a xxx
rating 11 months ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 2 Years would result in 100.00% of your transactions generating a profit, with an average return of +289.17% per trade.
The Best Analyst Covering tool allows you to follow the analysts who have the best success rates and average returns on a specific stock. Only analysts that gave a Buy or Sell rating on the stock in the past 12 months are eligible for inclusion in this tool. Follow the analysts of your choice to receive real-time updates when they publish a new rating.

HUT Analyst Recommendation Trends

Rating
Nov 25
Dec 25
Jan 26
Feb 26
Mar 26
Strong Buy
0
1
1
1
1
Buy
32
39
34
30
21
Hold
24
30
30
17
38
Sell
0
0
0
0
0
Strong Sell
0
0
0
0
0
total
56
70
65
48
60
In the current month, HUT has received 22 Buy Ratings, 38 Hold Ratings, and 0 Sell Ratings. HUT average Analyst price target in the past 3 months is 108.40.
Each month's total comprises the sum of three months' worth of ratings.

HUT Financial Forecast

HUT Earnings Forecast

Next quarter’s earnings estimate for HUT is -C$0.41 with a range of -C$1.53 to C$0.07. The previous quarter’s EPS was -C$3.38. HUT beat its EPS estimate ― of the time in the past 12 months, while its overall industry beat the EPS estimate 65.60% of the time in the same period. In the last calendar year HUT has Performed in-line its overall industry.
Next quarter’s earnings estimate for HUT is -C$0.41 with a range of -C$1.53 to C$0.07. The previous quarter’s EPS was -C$3.38. HUT beat its EPS estimate ― of the time in the past 12 months, while its overall industry beat the EPS estimate 65.60% of the time in the same period. In the last calendar year HUT has Performed in-line its overall industry.

HUT Sales Forecast

Next quarter’s sales forecast for HUT is C$106.71M with a range of C$78.77M to C$145.00M. The previous quarter’s sales results were C$123.39M. HUT beat its sales estimates ― of the time in past 12 months, while its overall industry beat sales estimates 79.60% of the time in the same period. In the last calendar year HUT has Performed in-line its overall industry.
Next quarter’s sales forecast for HUT is C$106.71M with a range of C$78.77M to C$145.00M. The previous quarter’s sales results were C$123.39M. HUT beat its sales estimates ― of the time in past 12 months, while its overall industry beat sales estimates 79.60% of the time in the same period. In the last calendar year HUT has Performed in-line its overall industry.

HUT Stock Forecast FAQ

What is TSE:HUT’s average 12-month price target, according to analysts?
Based on analyst ratings, Hut 8’s 12-month average price target is 108.40.
    What is TSE:HUT’s upside potential, based on the analysts’ average price target?
    Hut 8 has 61.84% upside potential, based on the analysts’ average price target.
      Can I see which stocks the top-ranking analysts are rating?
      Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.
        How can I follow the stock ratings of top Wall Street analysts?
        Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice. Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.
          Is TSE:HUT a Buy, Sell or Hold?
          Hut 8 has a consensus rating of Strong Buy which is based on 13 buy ratings, 0 hold ratings and 0 sell ratings.
            What is Hut 8’s price target?
            The average price target for Hut 8 is 108.40. This is based on 13 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
            The highest analyst price target is C$189.37 ,the lowest forecast is C$90.51. The average price target represents 61.84% Increase from the current price of C$66.98.
              What do analysts say about Hut 8?
              Hut 8’s analyst rating consensus is a Strong Buy. This is based on the ratings of 13 Wall Streets Analysts.
                How can I buy shares of TSE:HUT?
                Open a brokerage account, see exclusive account opening deals on our Best Online Brokers page.