PriceTargets.com logo

Hut 8 - HUT Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $48.80
  • Forecasted Upside: 13.99%
  • Number of Analysts: 18
  • Breakdown:
  • 0 Sell Ratings
  • 1 Hold Ratings
  • 15 Buy Ratings
  • 2 Strong Buy Ratings
$42.81 As of 12/4/2025 05:00 PM ET
▲ +2.79 (6.97%)

This chart shows the closing price for HUT by one month, three months, or twelve months.

Skip Closing Price Chart
1 month | 3 months | 12 months
Get New Hut 8 Analyst Ratings Delivered To Your Inbox
Sign-up to receive the latest news and ratings for HUT and its competitors with Analyst Ratings Network’s free daily newsletter.

Analyst Price Target for HUT

Analyst Price Target is $48.80
▲ +13.99% Upside Potential
This price target is based on 18 analysts offering 12 month price targets for Hut 8 in the last 3 months. The average price target is $48.80, with a high forecast of $78.00 and a low forecast of $21.00. The average price target represents a 13.99% upside from the last price of $42.81.

This chart shows the closing price for HUT for the last year in relation to the current analyst high, average, and low pricetarget.

Read Analyst Price Chart DescriptionSkip Analyst Price Chart




Current Consensus is Buy

The current consensus among 18 investment analysts is to buy stock in Hut 8. This rating has held steady since August 2024, when it changed from a Moderate Buy consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 5 buy ratings
  • 0 hold ratings
  • 1 sell ratings
Ratings as of
6/12/2024
  • 0 strong buy ratings
  • 6 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
9/10/2024
  • 0 strong buy ratings
  • 7 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
12/9/2024
  • 0 strong buy ratings
  • 10 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
3/9/2025
  • 4 strong buy ratings
  • 15 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
6/7/2025
  • 4 strong buy ratings
  • 15 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
9/5/2025
  • 2 strong buy ratings
  • 16 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
11/4/2025
  • 2 strong buy ratings
  • 15 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
12/4/2025

Latest Recommendations

  • 2 strong buy ratings
  • 15 buy ratings
  • 1 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
12/2/2025Weiss RatingsReiterated RatingHold (C-) ➝ Hold (C-)
11/26/2025Weiss RatingsReiterated RatingHold (C-) ➝ Hold (C-)
11/20/2025Weiss RatingsReiterated RatingHold (C-) ➝ Hold (C-)
11/6/2025BTIG ResearchReiterated RatingBuy ➝ Buy$55.00
11/5/2025Northland SecuritiesSet Target$58.00
11/5/2025Rosenblatt SecuritiesReiterated RatingBuy ➝ Buy$65.00
11/5/2025Canaccord Genuity GroupBoost TargetBuy ➝ Buy$36.00 ➝ $54.00
11/4/2025Cantor FitzgeraldBoost TargetOverweight ➝ Overweight$24.00 ➝ $64.00
10/31/2025Weiss RatingsReiterated RatingHold (C) ➝ Hold (C)
10/28/2025BenchmarkBoost TargetBuy ➝ Buy$36.00 ➝ $78.00
10/22/2025B. RileyReiterated RatingBuy ➝ Buy
10/21/2025JMP SecuritiesBoost TargetMarket Outperform ➝ Market Outperform$25.00 ➝ $65.00
10/21/2025CitigroupReiterated RatingOutperform ➝ Outperform
10/20/2025Piper SandlerSet TargetOverweight ➝ Overweight$74.00
10/16/2025Rosenblatt SecuritiesBoost TargetBuy ➝ Buy$30.00 ➝ $65.00
10/14/2025BTIG ResearchBoost TargetBuy ➝ Buy$33.00 ➝ $55.00
10/8/2025Weiss RatingsReiterated RatingHold (C-) ➝ Hold (C-)
9/27/2025Weiss RatingsReiterated RatingHold (C-) ➝ Hold (C-)
9/15/2025Roth CapitalReiterated RatingBuy ➝ Buy$31.00 ➝ $60.00
9/9/2025BTIG ResearchBoost TargetBuy ➝ Buy$25.00 ➝ $33.00
8/20/2025Canaccord Genuity GroupBoost TargetBuy ➝ Buy$32.00 ➝ $36.00
8/11/2025Maxim GroupBoost TargetBuy ➝ Buy$23.00 ➝ $30.00
8/11/2025Rosenblatt SecuritiesLower TargetBuy ➝ Buy$24.00 ➝ $23.00
7/11/2025Northland SecuritiesSet Target$26.00
6/6/2025Roth CapitalInitiated CoverageBuy$25.00
6/5/2025Roth CapitalUpgradeStrong-Buy
5/22/2025CitigroupInitiated CoverageNeutral ➝ Outperform
5/22/2025JMP SecuritiesInitiated CoverageMarket Outperform$25.00
5/22/2025Citizens JmpUpgradeStrong-Buy$25.00
5/14/2025B. RileyInitiated CoverageBuy$25.00
5/13/2025B. RileyUpgradeStrong-Buy
5/12/2025Canaccord Genuity GroupReiterated RatingBuy ➝ Buy$32.00 ➝ $32.00
5/9/2025HC WainwrightReiterated RatingBuy ➝ Buy$25.00 ➝ $25.00
5/9/2025Needham & Company LLCReiterated RatingBuy ➝ Buy$21.00 ➝ $21.00
5/1/2025Maxim GroupInitiated CoverageBuy$20.00
4/21/2025Northland CapmkUpgradeStrong-Buy
4/21/2025Northland SecuritiesInitiated CoverageOutperform$20.00
4/14/2025BTIG ResearchInitiated CoverageBuy$18.00
4/2/2025UBS GroupSet Target$33.00
4/2/2025BenchmarkLower TargetBuy ➝ Buy$41.00 ➝ $33.00
3/7/2025Cantor FitzgeraldReiterated RatingOverweight ➝ Overweight$30.00 ➝ $30.00
3/7/2025Rosenblatt SecuritiesInitiated CoverageBuy$23.00
3/4/2025Canaccord Genuity GroupReiterated RatingBuy ➝ Buy$32.00 ➝ $32.00
3/4/2025HC WainwrightLower TargetBuy ➝ Buy$35.00 ➝ $30.00
3/4/2025Needham & Company LLCReiterated RatingBuy ➝ Buy$30.00 ➝ $30.00
1/13/2025Needham & Company LLCReiterated RatingBuy ➝ Buy$38.00 ➝ $38.00
1/8/2025Keefe, Bruyette & WoodsInitiated CoverageOutperform
1/7/2025Cantor FitzgeraldReiterated RatingOverweight ➝ Overweight$35.00 ➝ $35.00
1/7/2025BenchmarkReiterated RatingBuy ➝ Buy$41.00
12/17/2024Needham & Company LLCBoost TargetBuy ➝ Buy$32.00 ➝ $38.00
12/17/2024Piper SandlerInitiated CoverageOverweight$33.00
12/9/2024Cantor FitzgeraldInitiated CoverageOverweight ➝ Overweight$35.00 ➝ $35.00
11/14/2024Canaccord Genuity GroupBoost TargetBuy ➝ Buy$22.00 ➝ $32.00
11/14/2024Craig HallumBoost TargetBuy ➝ Buy$15.00 ➝ $32.00
11/14/2024HC WainwrightBoost TargetBuy ➝ Buy$26.00 ➝ $35.00
11/14/2024BenchmarkBoost TargetBuy ➝ Buy$17.00 ➝ $32.00
11/14/2024Needham & Company LLCBoost TargetBuy ➝ Buy$21.00 ➝ $32.00
10/30/2024Stifel NicolausBoost TargetSpeculative Buy$15.00 ➝ $18.00
10/7/2024BenchmarkReiterated RatingBuy ➝ Buy$17.00 ➝ $17.00
10/2/2024Craig HallumBoost TargetBuy ➝ Buy$14.00 ➝ $15.00
9/24/2024Needham & Company LLCBoost TargetBuy ➝ Buy$15.00 ➝ $16.50
9/20/2024HC WainwrightReiterated RatingBuy ➝ Buy$13.50 ➝ $13.50
8/23/2024Needham & Company LLCReiterated RatingBuy ➝ Buy$15.00 ➝ $15.00
8/21/2024Canaccord Genuity GroupReiterated RatingBuy ➝ Buy$22.00 ➝ $22.00
8/14/2024BenchmarkReiterated RatingBuy ➝ Buy$17.00 ➝ $17.00
8/14/2024Needham & Company LLCReiterated RatingBuy ➝ Buy$15.00 ➝ $15.00
8/14/2024HC WainwrightUpgradeSell ➝ Buy$7.50 ➝ $13.50
7/31/2024BenchmarkReiterated RatingBuy ➝ Buy$17.00 ➝ $17.00
6/27/2024Canaccord Genuity GroupBoost TargetBuy ➝ Buy$14.00 ➝ $22.00
6/25/2024HC WainwrightReiterated RatingSell ➝ Sell$7.50 ➝ $7.50
6/24/2024Needham & Company LLCBoost TargetBuy ➝ Buy$13.00 ➝ $15.00
6/21/2024BenchmarkBoost TargetBuy ➝ Buy$12.00 ➝ $17.00
6/14/2024Craig HallumBoost TargetBuy ➝ Buy$12.00 ➝ $14.00
6/7/2024BenchmarkReiterated RatingBuy ➝ Buy$12.00 ➝ $12.00
5/16/2024HC WainwrightLower TargetSell ➝ Sell$9.00 ➝ $7.50
5/16/2024Canaccord Genuity GroupReiterated RatingBuy ➝ Buy$14.00
5/16/2024BenchmarkReiterated RatingBuy ➝ Buy$12.00
5/16/2024Needham & Company LLCBoost TargetBuy ➝ Buy$12.00 ➝ $13.00
5/16/2024Craig HallumUpgradeHold ➝ Buy$12.00 ➝ $12.00
5/7/2024BenchmarkReiterated RatingBuy ➝ Buy$12.00
4/22/2024BenchmarkInitiated CoverageBuy$12.00
4/5/2024Canaccord Genuity GroupLower TargetBuy ➝ Buy$17.50 ➝ $14.00
4/1/2024Craig HallumBoost TargetHold ➝ Hold$10.00 ➝ $12.00
4/1/2024Needham & Company LLCReiterated RatingBuy ➝ Buy$12.00
3/28/2024Canaccord Genuity GroupReiterated RatingBuy ➝ Buy$3.50
3/28/2024HC WainwrightBoost TargetSell ➝ Sell$7.00 ➝ $9.00
3/18/2024Needham & Company LLCInitiated CoverageBuy$12.00
2/27/2024HC WainwrightReiterated RatingSell ➝ Sell$7.00
2/6/2024HC WainwrightDowngradeNeutral ➝ Sell$5.50
1/8/2024Stifel NicolausBoost TargetSpeculative Buy$3.25 ➝ $15.00
11/15/2023Canaccord Genuity GroupReiterated RatingBuy ➝ Buy$3.50
8/15/2023Canaccord Genuity GroupBoost TargetBuy ➝ Buy$3.00 ➝ $3.50
8/15/2023HC WainwrightBoost TargetNeutral ➝ Neutral$1.60 ➝ $2.75
3/13/2023Canaccord Genuity GroupLower TargetBuy$6.00 ➝ $5.00
3/10/2023HC WainwrightLower TargetNeutral$2.00 ➝ $1.60
2/8/2023HC WainwrightBoost TargetNeutral$1.50 ➝ $2.00
2/8/2023Canaccord Genuity GroupReiterated RatingBuy$6.00
12/9/2022HC WainwrightReiterated RatingBuy ➝ Neutral$1.50
11/11/2022Craig HallumDowngradeBuy ➝ Hold$5.00 ➝ $2.00
11/3/2022DA DavidsonDowngradeBuy ➝ Neutral
9/22/2022DA DavidsonUpgradeNeutral ➝ Buy
8/17/2022DA DavidsonDowngradeBuy ➝ Neutral
5/19/2022HC WainwrightLower TargetBuy$19.00 ➝ $5.00
5/13/2022Canaccord Genuity GroupLower TargetBuy ➝ Buy$12.00 ➝ $6.00
3/22/2022Canaccord Genuity GroupLower TargetBuy ➝ Buy$20.00 ➝ $12.00
11/12/2021HC WainwrightBoost TargetBuy$11.00 ➝ $19.00
(Data available from 12/4/2020 forward)

News Sentiment Rating

0.94 (Buy)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 25 very positive mentions
  • 12 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
5/8/2025
  • 29 very positive mentions
  • 14 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
6/7/2025
  • 5 very positive mentions
  • 16 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
7/7/2025
  • 9 very positive mentions
  • 5 positive mentions
  • 0 negative mentions
  • 1 very negative mentions
Mentions as of
8/6/2025
  • 23 very positive mentions
  • 16 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
9/5/2025
  • 16 very positive mentions
  • 8 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
10/5/2025
  • 18 very positive mentions
  • 14 positive mentions
  • 2 negative mentions
  • 1 very negative mentions
Mentions as of
11/4/2025
  • 24 very positive mentions
  • 16 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
12/4/2025

Current Sentiment

  • 24 very positive mentions
  • 16 positive mentions
  • 0 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

  • No negative mentions tracked during this time.

Positive

Very Positive

Hut 8 logo
Hut 8 Corp., together with its subsidiaries, acquires, builds, manages, and operates data centers for digital assets mining, computing, and artificial intelligence in the United States. It operates in four segments: Digital Assets Mining, Managed Services, High Performance Computing Colocation and Cloud, and Other. The company mines Bitcoin. It also offers managed services for energy infrastructure development, such as site design, procurement, and construction management; software automation, process design, personnel hiring, and team training; utilities contracts, hosting operations, and customer management; energy portfolio optimization and strategic initiatives; and finance, accounting, and safety services for digital asset mining site owners, governments, and data center developers. In addition, the company provides colocation, cloud, and connectivity services; hosting services, which include the provision of mining equipment and space, as well as monitors, troubleshoots, repairs, and maintains customer mining equipment; and equipment sales and repair services. Hut 8 Corp. was founded in 2017 and is based in Miami, Florida.
Read More

Today's Range

Now: $42.81
Low: $38.88
High: $42.99

50 Day Range

MA: $43.21
Low: $33.16
High: $55.00

52 Week Range

Now: $42.81
Low: $10.04
High: $57.29

Volume

4,981,318 shs

Average Volume

7,023,080 shs

Market Capitalization

$4.63 billion

P/E Ratio

N/A

Dividend Yield

N/A

Beta

4.41

Frequently Asked Questions

What sell-side analysts currently cover shares of Hut 8?

The following Wall Street sell-side analysts have issued stock ratings on Hut 8 in the last twelve months: B. Riley, Benchmark Co., BTIG Research, Canaccord Genuity Group Inc., Cantor Fitzgerald, Citigroup Inc., Citizens Jmp, HC Wainwright, JMP Securities, Keefe, Bruyette & Woods, Maxim Group, Needham & Company LLC, Northland Capmk, Northland Securities, Piper Sandler, Rosenblatt Securities, Roth Capital, UBS Group AG, Wall Street Zen, and Weiss Ratings.
View the latest analyst ratings for HUT.

What is the current price target for Hut 8?

0 Wall Street analysts have set twelve-month price targets for Hut 8 in the last year. Their average twelve-month price target is $48.80, suggesting a possible upside of 14.0%. Benchmark Co. has the highest price target set, predicting HUT will reach $78.00 in the next twelve months. Needham & Company LLC has the lowest price target set, forecasting a price of $21.00 for Hut 8 in the next year.
View the latest price targets for HUT.

What is the current consensus analyst rating for Hut 8?

Hut 8 currently has 1 hold rating, 15 buy ratings and 2 strong buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe HUT will outperform the market and that investors should add to their positions of Hut 8.
View the latest ratings for HUT.

What other companies compete with Hut 8?

Other companies that are similar to Hut 8 include Bitfarms, Bit Digital, Cipher Mining, Cleanspark and Coinbase Global. Learn More about companies similar to Hut 8.

How do I contact Hut 8's investor relations team?

Hut 8's physical mailing address is 130 King Street West, Suite 1800, Toronto, Ontario M5X 1E3. The company's listed phone number is (647) 256-1992. The official website for Hut 8 is hut8mining.com. Learn More about contacing Hut 8 investor relations.