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Hut 8 (HUT)
NASDAQ:HUT
US Market

Hut 8 (HUT) Stock Forecast & Price Target

2,891 Followers
See the Price Targets and Ratings of:

HUT Analyst Ratings

Strong Buy
14Ratings
Strong Buy
14 Buy
0 Hold
0 Sell
Based on 14 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

$77.82
▲(22.71% Upside)
Based on 14 Wall Street analysts offering 12 month price targets for Hut 8 in the last 3 months. The average price target is $77.82 with a high forecast of $135.69 and a low forecast of $64.85. The average price target represents a 22.71% change from the last price of $63.42.
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26,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 0, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":27.4,"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 0, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":36.53,"date":1759276800000,"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 28,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 0, \t&nbsp;</span>\n     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Highest Price Target$135.69Average Price Target$77.82Lowest Price Target$64.85
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
Cantor Fitzgerald Analyst forecast on HUT
Cantor Fitzgerald
Cantor Fitzgerald
$68$80
Buy
26.14%
Upside
Reiterated
04/09/26
Hut 8 price target raised to $80 from $68 at Cantor FitzgeraldHut 8 price target raised to $80 from $68 at Cantor Fitzgerald
Northland Securities Analyst forecast on HUT
Northland Securities
Northland Securities
$70
Buy
10.38%
Upside
Reiterated
04/09/26
Northland Securities Reaffirms Their Buy Rating on Hut 8 (HUT)
Roth MKM
$80
Buy
26.14%
Upside
Reiterated
03/27/26
Hut 8 (HUT) Gets a Buy from Roth MKM
Arete Research Analyst forecast on HUT
Arete Research
Arete Research
$136
Buy
114.44%
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 HUT
Clear Street
Clear Street
$60$70
Buy
10.38%
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 HUT
Maxim Group
Maxim Group
$58.3$70
Buy
10.38%
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 HUT
Canaccord Genuity
Canaccord Genuity
$62$70
Buy
10.38%
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
$60$66
Buy
4.07%
Upside
Reiterated
02/26/26
Hut 8: Operational Outperformance and Strategic AI Partnerships Drive Upside to 2027
Craig-Hallum Analyst forecast on HUT
Craig-Hallum
Craig-Hallum
$80
Buy
26.14%
Upside
Reiterated
02/26/26
Hut 8 (HUT) Gets a Buy from Craig-Hallum
Rosenblatt Securities Analyst forecast on HUT
Rosenblatt Securities
Rosenblatt Securities
$65
Buy
2.49%
Upside
Reiterated
02/26/26
Rosenblatt Securities Reaffirms Their Buy Rating on Hut 8 (HUT)
H.C. Wainwright Analyst forecast on HUT
H.C. Wainwright
H.C. Wainwright
$80
Buy
26.14%
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 HUT
B. Riley Securities
B. Riley Securities
$76
Buy
19.84%
Upside
Reiterated
02/25/26
Hut 8 (HUT) Receives a Buy from B. Riley Securities
KBW
$55$75
Buy
18.26%
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 HUT
Piper Sandler
Piper Sandler
$74
Buy
16.68%
Upside
Reiterated
01/14/26
Piper Sandler Remains a Buy on Hut 8 (HUT)
Benchmark Co. Analyst forecast on HUT
Benchmark Co.
Benchmark Co.
$78$85
Buy
34.03%
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
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
Cantor Fitzgerald Analyst forecast on HUT
Cantor Fitzgerald
Cantor Fitzgerald
$68$80
Buy
26.14%
Upside
Reiterated
04/09/26
Hut 8 price target raised to $80 from $68 at Cantor FitzgeraldHut 8 price target raised to $80 from $68 at Cantor Fitzgerald
Northland Securities Analyst forecast on HUT
Northland Securities
Northland Securities
$70
Buy
10.38%
Upside
Reiterated
04/09/26
Northland Securities Reaffirms Their Buy Rating on Hut 8 (HUT)
Roth MKM
$80
Buy
26.14%
Upside
Reiterated
03/27/26
Hut 8 (HUT) Gets a Buy from Roth MKM
Arete Research Analyst forecast on HUT
Arete Research
Arete Research
$136
Buy
114.44%
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 HUT
Clear Street
Clear Street
$60$70
Buy
10.38%
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 HUT
Maxim Group
Maxim Group
$58.3$70
Buy
10.38%
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 HUT
Canaccord Genuity
Canaccord Genuity
$62$70
Buy
10.38%
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
$60$66
Buy
4.07%
Upside
Reiterated
02/26/26
Hut 8: Operational Outperformance and Strategic AI Partnerships Drive Upside to 2027
Craig-Hallum Analyst forecast on HUT
Craig-Hallum
Craig-Hallum
$80
Buy
26.14%
Upside
Reiterated
02/26/26
Hut 8 (HUT) Gets a Buy from Craig-Hallum
Rosenblatt Securities Analyst forecast on HUT
Rosenblatt Securities
Rosenblatt Securities
$65
Buy
2.49%
Upside
Reiterated
02/26/26
Rosenblatt Securities Reaffirms Their Buy Rating on Hut 8 (HUT)
H.C. Wainwright Analyst forecast on HUT
H.C. Wainwright
H.C. Wainwright
$80
Buy
26.14%
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 HUT
B. Riley Securities
B. Riley Securities
$76
Buy
19.84%
Upside
Reiterated
02/25/26
Hut 8 (HUT) Receives a Buy from B. Riley Securities
KBW
$55$75
Buy
18.26%
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 HUT
Piper Sandler
Piper Sandler
$74
Buy
16.68%
Upside
Reiterated
01/14/26
Piper Sandler Remains a Buy on Hut 8 (HUT)
Benchmark Co. Analyst forecast on HUT
Benchmark Co.
Benchmark Co.
$78$85
Buy
34.03%
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
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%
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%
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%
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
Dec 25
Jan 26
Feb 26
Mar 26
Apr 26
Strong Buy
11
8
6
2
2
Buy
23
22
24
19
15
Hold
0
0
0
0
0
Sell
0
0
0
0
0
Strong Sell
0
0
0
0
0
total
34
30
30
21
17
In the current month, HUT has received 17 Buy Ratings, 0 Hold Ratings, and 0 Sell Ratings. HUT average Analyst price target in the past 3 months is 77.82.
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 -$0.30 with a range of -$1.11 to $0.05. The previous quarter’s EPS was -$2.44. 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 -$0.30 with a range of -$1.11 to $0.05. The previous quarter’s EPS was -$2.44. 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 $77.16M with a range of $57.56M to $104.68M. The previous quarter’s sales results were $89.08M. 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 $77.16M with a range of $57.56M to $104.68M. The previous quarter’s sales results were $89.08M. 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 HUT’s average 12-month price target, according to analysts?
Based on analyst ratings, Hut 8’s 12-month average price target is 77.82.
    What is HUT’s upside potential, based on the analysts’ average price target?
    Hut 8 has 22.71% 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 HUT a Buy, Sell or Hold?
          Hut 8 has a consensus rating of Strong Buy which is based on 14 buy ratings, 0 hold ratings and 0 sell ratings.
            What is Hut 8’s price target?
            The average price target for Hut 8 is 77.82. This is based on 14 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
            The highest analyst price target is $135.69 ,the lowest forecast is $64.85. The average price target represents 22.71% Increase from the current price of $63.42.
              What do analysts say about Hut 8?
              Hut 8’s analyst rating consensus is a Strong Buy. This is based on the ratings of 14 Wall Streets Analysts.
                How can I buy shares of HUT?
                Open a brokerage account, see exclusive account opening deals on our Best Online Brokers page.