Hut 8 (HUT) Stock Forecast & Price Target

Compare

1,036 Followers

See the Price Targets and Ratings of:

All Analysts

Top Analysts

Premium

HUT Analyst Ratings

Strong Buy

13 Buy

0 Hold

0 Sell

Based on 13 analysts giving stock ratings to

Hut

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$33.54

▲(50.34%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$33.54 with a high forecast of C$45.10 and a low forecast of C$23.92. The average price target represents a 50.34% change from the last price of C$22.31.

{"navigator":{"disabled":true},"exporting":{"enabled":false},"title":{"text":null},"chart":{"height":200,"style":{"fontFamily":"Roboto Flex","fontWeight":"400","color":"#5d5d5e"},"spacingTop":30,"spacingRight":60,"events":null},"yAxis":{"labels":{"style":{"color":"inherit"},"distance":6,"x":-6,"y":-6,"zIndex":1,"map_label_formatter":{"10":"C$10","19":"C$19","28":"C$28","37":"C$37","46":"C$46"}},"plotLines":[{"color":"rgba(0,0,0,0)","value":45.09712284,"label":{"className":" overflowvisible_force","align":"right","x":60,"y":-10,"text":"<div  class=\"positionrelative hoverZ3 triangleleft-bottom flexccc bgwhite shadowhard-3 border1 borderColorwhite-8 colorwhite-8 px2 lineHeight3 fontWeightsemibold fontSize10 radiismall h_pxsmall35\"> <div class=\"w_pxsmall60 flexccc\">\n  <span style=\"color:#199ca5\">High </span>\n\n  <span style=\"color:#199ca5\">C$45.10</span>\n  </div></div>","useHTML":true}},{"color":"rgba(0,0,0,0)","value":33.54,"label":{"className":" overflowvisible_force","align":"right","x":60,"y":0,"text":"<div  class=\"positionrelative hoverZ3 triangleleft flexccc bgwhite shadowhard-3 border1 borderColorwhite-8 colorwhite-8 px2 lineHeight3 fontWeightsemibold fontSize10 radiismall h_pxsmall35\"> <div class=\"w_pxsmall60 flexccc\">\n  <span style=\"color:#828080\">Average </span>\n\n  <span style=\"color:#828080\">C$33.54</span>\n  </div></div>","useHTML":true}},{"color":"rgba(0,0,0,0)","value":23.9151409,"label":{"className":" overflowvisible_force","align":"right","x":60,"y":10,"text":"<div  class=\"positionrelative hoverZ3 triangleleft-top flexccc bgwhite shadowhard-3 border1 borderColorwhite-8 colorwhite-8 px2 lineHeight3 fontWeightsemibold fontSize10 radiismall h_pxsmall35\"> <div class=\"w_pxsmall60 flexccc\">\n  <span style=\"color:#912767\">Low </span>\n\n  <span style=\"color:#912767\">C$23.92</span>\n  </div></div>","useHTML":true}}],"tickPositions":[10,19,28,37,46],"lineColor":"#dddddd","gridLineWidth":1,"gridLineColor":"#dddddd","lineWidth":1,"title":{"text":""}},"plotOptions":{"series":{"states":{"inactive":{"opacity":1}}},"line":{"animation":{"duration":0},"dataLabels":{"allowOverlap":true},"borderWidth":1,"marker":{"enabled":true,"fillColor":"#FFFFFF","radius":3,"lineWidth":2,"symbol":"circle","lineColor":"#828080"}}},"xAxis":{"labels":{"style":{"color":"inherit"},"rotation":0,"map_label_formatter":{"3":"Aug<br/>2024","6":"Nov<br/>2024","9":"Mar<br/>2025","12":"Jun<br/>2025","25":"Jun<br/>2026"}},"tickPositions":[3,6,9,12,25],"plotLines":[{"color":"#dddddd","width":1,"value":12},{"color":"#dddddd","width":1,"value":12}],"lineWidth":0,"gridLineWidth":1,"gridLineColor":"#dddddd","tickLength":0},"legend":{"symbolRadius":0,"symbolPadding":4,"symbolHeight":14,"borderWidth":0,"symbolWidth":14,"align":"left","verticalAlign":"bottom","enabled":false},"tooltip":{"backgroundColor":"rgba(0,0,0,0)","useHTML":true,"borderWidth":0,"borderColor":"rgba(0,0,0,0)","padding":0,"shadow":null,"headerFormat":"","footerFormat":"","pointFormat":"<div class=\"flexccc lineHeight2 bgwhite shadow2 px3 py3 radiismall fonth10_semibold\">\n                <span class=\"colorgray-3 mb4\">{point.date:%b %d ,%Y}</span>\n                <span>Analyst Consensus</span>\n                {point.info}\n          </div>\n           </div>"},"credits":{"enabled":false},"accessibility":{"description":""},"responsive":{"rules":[{"chartOptions":{"chart":{"spacing":[0,0,0,0],"margin":[30,60,40,5]},"xAxis":{"tickPositions":[3,12,25.25]},"yAxis":{"labels":{"enabled":false}},"title":{"text":null},"subtitle":{"text":null}},"condition":{"maxWidth":500}}]},"series":[{"lineWidth":2,"dashStyle":"ShortDash","name":"High","type":"line","color":"#199ca5","enableMouseTracking":false,"marker":{"enabled":false},"data":[null,null,null,null,null,null,null,null,null,null,null,null,20.83,22.696701756923076,24.56340351384615,26.43010527076923,28.296807027692306,30.16350878461538,32.03021054153846,33.89691229846154,35.763614055384615,37.630315812307686,39.49701756923076,41.36371932615384,43.23042108307692,{"y":45.09712284,"marker":{"fillColor":"#199ca5","lineColor":"#199ca5","enabled":true,"symbol":"circle"}}]},{"lineWidth":2,"dashStyle":"ShortDash","name":"Average","type":"line","color":"#828080","enableMouseTracking":false,"marker":{"enabled":false},"data":[null,null,null,null,null,null,null,null,null,null,null,null,20.83,21.807692307692307,22.785384615384615,23.763076923076923,24.740769230769228,25.718461538461536,26.696153846153845,27.673846153846153,28.65153846153846,29.629230769230766,30.606923076923074,31.584615384615383,32.56230769230769,{"y":33.54,"marker":{"fillColor":"#828080","lineColor":"#828080","enabled":true,"symbol":"circle"}}]},{"lineWidth":2,"dashStyle":"ShortDash","name":"Low","type":"line","color":"#912767","enableMouseTracking":false,"marker":{"enabled":false},"data":[null,null,null,null,null,null,null,null,null,null,null,null,20.83,21.067318530769228,21.30463706153846,21.54195559230769,21.779274123076924,22.016592653846153,22.253911184615383,22.491229715384616,22.728548246153846,22.96586677692308,23.20318530769231,23.440503838461538,23.67782236923077,{"y":23.9151409,"marker":{"fillColor":"#912767","lineColor":"#912767","enabled":true,"symbol":"circle"}}]},{"type":"line","data":[{"y":11.02,"date":1714521600000,"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 10,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 3, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 3</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":11.84,"date":1717200000000,"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 15,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 2, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 3</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":21.42,"date":1719792000000,"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 14,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 0, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 2</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":19.28,"date":1722470400000,"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 14,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 0, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 1</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":13.66,"date":1725148800000,"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 13,\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":15.56,"date":1727740800000,"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 12,\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":22.34,"date":1730419200000,"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 17,\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":36.4,"date":1733011200000,"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 21,\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":29.44,"date":1735689600000,"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 24,\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":21.33,"date":1740787200000,"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 0, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":19.07,"date":1743465600000,"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 22,\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":18.68,"date":1746057600000,"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              <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 21,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 0, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"fillColor":"black","lineColor":"black","enabled":true,"symbol":"circle"}},null,null,null,null,null,null,null,null,null,null,null,null],"color":"#0666a7"}]}

Highest Price TargetC$45.10

Average Price TargetC$33.54

Lowest Price TargetC$23.92

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

TipRanks AITipRanks

Not Ranked

TipRanks

C$22

Hold

-1.39%

Downside

Reiterated

06/04/25

Hut 8's overall stock score is significantly impacted by financial performance challenges, particularly in cash flow and profitability. Technical analysis indicates potential resistance despite some bullish indicators. The negative valuation score due to unprofitability further weighs down the overall score. However, strategic initiatives highlighted in the earnings call provide some potential for future improvement.

Darren AftahiRoth MKM

Roth MKM

C$34.16

Buy

53.14%

Upside

Initiated

06/05/25

Hut 8 initiated with a Buy at Roth CapitalHut 8 initiated with a Buy at Roth Capital

Gregory LewisBTIG

BTIG

C$24.6

Buy

10.26%

Upside

Initiated

06/02/25

Hut 8 (HUT) Receives a Buy from BTIG

Gregory P MillerCitizens JMP

Citizens JMP

C$34.16

Buy

53.14%

Upside

Initiated

05/22/25

Hut 8 initiated with an Outperform at Citizens JMPHut 8 initiated with an Outperform at Citizens JMP

Nick GilesB.Riley Financial

B.Riley Financial

C$34.16

Buy

53.14%

Upside

Initiated

05/14/25

Hut 8 initiated with a Buy at B. RileyHut 8 initiated with a Buy at B. Riley

Michael GrondahlNorthland Securities

Northland Securities

C$27.33

Buy

22.51%

Upside

Reiterated

05/13/25

Hut 8 (HUT) Gets a Buy from Northland Securities

Joseph VafiCanaccord Genuity

Canaccord Genuity

C$43.73

Buy

96.01%

Upside

Reiterated

05/12/25

Hut 8's Strategic Transformation and Growth Potential Justifies Buy Rating

Matthew GalinkoMaxim Group

Maxim Group

C$27.33→C$31.43

Buy

40.88%

Upside

Reiterated

05/12/25

Hut 8 Positioned for Growth: Buy Rating Affirmed Amid Strategic Developments and Expansion Plans

John TodaroNeedham

Needham

C$41→C$28.7

Buy

28.63%

Upside

Reiterated

05/09/25

Strategic Investments and Growth Prospects Underpin Buy Rating for Hut 8 Despite Short-term Challenges

Mike ColonneseH.C. Wainwright

H.C. Wainwright

C$34.16

Buy

53.14%

Upside

Reiterated

05/09/25

Hut 8's Strategic Advancements and Growth Potential Drive Buy Rating

Bill PapanastasiouKBW

KBW

C$41

Buy

83.76%

Upside

Reiterated

05/09/25

KBW Sticks to Their Buy Rating for Hut 8 (HUT)

Chris BrendlerRosenblatt Securities

Rosenblatt Securities

C$28.7→C$23.92

Buy

7.19%

Upside

Reiterated

05/09/25

Rosenblatt Securities Remains a Buy on Hut 8 (HUT)

George SuttonCraig-Hallum

Craig-Hallum

―

Buy

―

Reiterated

05/08/25

Craig-Hallum Sticks to Their Buy Rating for Hut 8 (HUT)

Mark PalmerBenchmark Co.

Benchmark Co.

C$56.03→C$45.1

Buy

102.14%

Upside

Reiterated

04/02/25

Hut 8's Strategic Transformation with American Bitcoin: Unlocking Value and Reducing Capital Costs

Brett KnoblauchCantor Fitzgerald

Cantor Fitzgerald

C$41

Buy

83.76%

Upside

Reiterated

03/06/25

Cantor Fitzgerald Reaffirms Their Buy Rating on Hut 8 (HUT)

Ranks

Any

Analyst Rating

Any

Upside/ Downside

Any

Action

Any

TipRanks AITipRanks

Not Ranked

TipRanks

C$22

Hold

-1.39%

Downside

Reiterated

06/04/25

Darren AftahiRoth MKM

Roth MKM

C$34.16

Buy

53.14%

Upside

Initiated

06/05/25

Hut 8 initiated with a Buy at Roth CapitalHut 8 initiated with a Buy at Roth Capital

Gregory LewisBTIG

BTIG

C$24.6

Buy

10.26%

Upside

Initiated

06/02/25

Hut 8 (HUT) Receives a Buy from BTIG

Gregory P MillerCitizens JMP

Citizens JMP

C$34.16

Buy

53.14%

Upside

Initiated

05/22/25

Hut 8 initiated with an Outperform at Citizens JMPHut 8 initiated with an Outperform at Citizens JMP

Nick GilesB.Riley Financial

B.Riley Financial

C$34.16

Buy

53.14%

Upside

Initiated

05/14/25

Hut 8 initiated with a Buy at B. RileyHut 8 initiated with a Buy at B. Riley

Michael GrondahlNorthland Securities

Northland Securities

C$27.33

Buy

22.51%

Upside

Reiterated

05/13/25

Hut 8 (HUT) Gets a Buy from Northland Securities

Joseph VafiCanaccord Genuity

Canaccord Genuity

C$43.73

Buy

96.01%

Upside

Reiterated

05/12/25

Hut 8's Strategic Transformation and Growth Potential Justifies Buy Rating

Matthew GalinkoMaxim Group

Maxim Group

C$27.33→C$31.43

Buy

40.88%

Upside

Reiterated

05/12/25

Hut 8 Positioned for Growth: Buy Rating Affirmed Amid Strategic Developments and Expansion Plans

John TodaroNeedham

Needham

C$41→C$28.7

Buy

28.63%

Upside

Reiterated

05/09/25

Strategic Investments and Growth Prospects Underpin Buy Rating for Hut 8 Despite Short-term Challenges

Mike ColonneseH.C. Wainwright

H.C. Wainwright

C$34.16

Buy

53.14%

Upside

Reiterated

05/09/25

Hut 8's Strategic Advancements and Growth Potential Drive Buy Rating

Bill PapanastasiouKBW

KBW

C$41

Buy

83.76%

Upside

Reiterated

05/09/25

KBW Sticks to Their Buy Rating for Hut 8 (HUT)

Chris BrendlerRosenblatt Securities

Rosenblatt Securities

C$28.7→C$23.92

Buy

7.19%

Upside

Reiterated

05/09/25

Rosenblatt Securities Remains a Buy on Hut 8 (HUT)

George SuttonCraig-Hallum

Craig-Hallum

―

Buy

―

Reiterated

05/08/25

Craig-Hallum Sticks to Their Buy Rating for Hut 8 (HUT)

Mark PalmerBenchmark Co.

Benchmark Co.

C$56.03→C$45.1

Buy

102.14%

Upside

Reiterated

04/02/25

Hut 8's Strategic Transformation with American Bitcoin: Unlocking Value and Reducing Capital Costs

Brett KnoblauchCantor Fitzgerald

Cantor Fitzgerald

C$41

Buy

83.76%

Upside

Reiterated

03/06/25

Cantor Fitzgerald Reaffirms Their Buy Rating on Hut 8 (HUT)

Stocks with the Highest Top Analyst Consensus in the Financial Sector

xxx

Find stocks in the Financial sector that are highly recommended by Top Performing Analysts.

Best Analysts Covering Hut 8

1 Month

xxx

Success Rate

4/6 ratings generated profit

Average Return

+7.83%

reiterated a xxx

rating 29 days ago

Copying xxxxxxxxxxxxxxxxxx

trades and holding each position for 1 Month would result in 66.67% of your transactions generating a profit, with an average return of +7.83% per trade.

3 Months

xxx

Success Rate

8/11 ratings generated profit

Average Return

+24.71%

reiterated a xxx

rating 29 days ago

Copying xxxxxxxxxxxxxxxxxx

trades and holding each position for 3 Months would result in 72.73% of your transactions generating a profit, with an average return of +24.71% per trade.

1 Year

Bill PapanastasiouKBW

Success Rate

7/9 ratings generated profit

Average Return

+38.48%

reiterated a buy rating 29 days ago

Copying Bill Papanastasiou's trades and holding each position for 1 Year would result in 77.78% of your transactions generating a profit, with an average return of +38.48% per trade.

2 Years

xxx

Success Rate

7/9 ratings generated profit

Average Return

+24.01%

reiterated a xxx

rating 29 days ago

Copying xxxxxxxxxxxxxxxxxx

trades and holding each position for 2 Years would result in 77.78% of your transactions generating a profit, with an average return of +24.01% 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

Jan 25

Mar 25

Apr 25

May 25

Jun 25

Strong Buy

Buy

Hold

Sell

Strong Sell

total

In the current month, HUT has received 21 Buy Ratings, 0 Hold Ratings, and 0 Sell Ratings. HUT average Analyst price target in the past 3 months is 33.54.

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$0.18 with a range of -C$0.40 to C$0.04. The previous quarter’s EPS was -C$1.81. HUT beat its EPS estimate 50.00% of the time in the past 12 months, while its overall industry beat the EPS estimate 46.74% of the time in the same period. In the last calendar year HUT has Outperformed its overall industry.

HUT Sales Forecast

Next quarter’s sales forecast for HUT is C$68.44M with a range of C$37.61M to C$83.70M. The previous quarter’s sales results were C$31.30M. HUT beat its sales estimates 25.00% of the time in past 12 months, while its overall industry beat sales estimates 75.76% of the time in the same period. In the last calendar year HUT has Outperformed 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 33.54.

What is TSE:HUT’s upside potential, based on the analysts’ average price target?

Hut 8 has 50.34% 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 33.54. 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$45.10 ,the lowest forecast is C$23.92. The average price target represents 50.34% Increase from the current price of C$22.31.

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.

Become an Expert with TipRanks Premium

What am I Missing?

Make informed decisions based on Top Analysts' activity

Know what industry insiders are buying

Get actionable alerts from top Wall Street Analysts

Find out before anyone else which stock is going to shoot up

Get powerful stock screeners & detailed portfolio analysis

Subscribe Now See Plans & Pricing

Hut 8 (HUT) Stock Forecast & Price Target

HUT Analyst Ratings

HUT Stock 12 Month Forecast

Average Price Target

Detailed List of Analyst Forecasts​

Best Analysts Covering Hut 8

HUT Analyst Recommendation Trends

HUT Financial Forecast

HUT Earnings Forecast

HUT Sales Forecast

HUT Stock Forecast FAQ

Become an Expert with TipRanks Premium

Detailed List of Analyst Forecasts