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NASDAQ:HUT - Hut 8 Mining Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $19.50
  • Forecasted Upside: 59.97 %
  • Number of Analysts: 2
  • Breakdown:
  • 0 Sell Ratings
  • 0 Hold Ratings
  • 2 Buy Ratings
  • 0 Strong Buy Ratings
$12.19 As of 11/26/2021 01:00 AM ET
▼ -0.33 (-2.64%)

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

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Analyst Price Target for HUT

Analyst Price Target is $19.50
▲ +59.97% Upside Potential
This price target is based on 2 analysts offering 12 month price targets for Hut 8 Mining in the last 3 months. The average price target is $19.50, with a high forecast of $20.00 and a low forecast of $19.00. The average price target represents a 59.97% upside from the last price of $12.19.

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

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Current Consensus is Buy

The current consensus among 2 contributing investment analysts is to buy stock in Hut 8 Mining.

Past Monthly Recommendations

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  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
6/4/2020
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
9/2/2020
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
12/1/2020
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
3/1/2021
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
5/30/2021
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
8/28/2021
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
10/27/2021
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
11/26/2021

Latest Recommendations

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

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
11/12/2021Canaccord GenuityBoost Price TargetBuy$12.00 ➝ $20.00High
11/12/2021HC WainwrightBoost Price TargetBuy$11.00 ➝ $19.00High
(Data available from 11/27/2016 forward)

News Sentiment Rating

0.55 (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
  • 0 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
5/1/2021
  • 0 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
5/31/2021
  • 0 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
6/30/2021
  • 0 very positive mentions
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  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
7/30/2021
  • 0 very positive mentions
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  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
8/29/2021
  • 0 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
9/28/2021
  • 0 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
10/28/2021
  • 5 very positive mentions
  • 9 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
11/27/2021

Current Sentiment

  • 5 very positive mentions
  • 9 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 Mining

Hut 8 Mining Corp. is a focused digital asset miners. Hut 8 Mining Corp. is based in TORONTO.
Read More

Today's Range

Now: $12.19
Low: $11.70
High: $12.46

50 Day Range

MA: N/A

52 Week Range

Now: $12.19
Low: $1.00
High: $16.57

Volume

4,730,627 shs

Average Volume

5,109,161 shs

Market Capitalization

$2.03 billion

P/E Ratio

N/A

Dividend Yield

N/A

Beta

N/A

Frequently Asked Questions

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

The following Wall Street sell-side analysts have issued stock ratings on Hut 8 Mining in the last twelve months: Canaccord Genuity, HC Wainwright, and Zacks Investment Research.
View the latest analyst ratings for HUT.

What is the current price target for Hut 8 Mining?

2 Wall Street analysts have set twelve-month price targets for Hut 8 Mining in the last year. Their average twelve-month price target is $19.50, suggesting a possible upside of 60.0%. Canaccord Genuity has the highest price target set, predicting HUT will reach $20.00 in the next twelve months. HC Wainwright has the lowest price target set, forecasting a price of $19.00 for Hut 8 Mining in the next year.
View the latest price targets for HUT.

What is the current consensus analyst rating for Hut 8 Mining?

Hut 8 Mining currently has 2 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 Mining.
View the latest ratings for HUT.

What other companies compete with Hut 8 Mining?

Other companies that are similar to Hut 8 Mining include Landstar, Adecco Group, Dun & Bradstreet, Smiths Group, Ritchie Bros. Auctioneers, Aurora Innovation, Nielsen, Worldline, Lightspeed POS, Futu, Core & Main, DCC, TriNet Group, Matterport and Western Union.

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

Hut 8 Mining's physical mailing address is 130 King Street West, Suite 1800, Toronto, Ontario M5X 1E3. The company's listed phone number is 16472561992. The official website for Hut 8 Mining is hut8mining.com.