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

  • Consensus Rating: Buy
  • Consensus Price Target: $11.00
  • Forecasted Upside: -1.35 %
  • Number of Analysts: 3
  • Breakdown:
  • 0 Sell Ratings
  • 0 Hold Ratings
  • 3 Buy Ratings
  • 0 Strong Buy Ratings
$11.15
▼ -0.54 (-4.62%)

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 Mining 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 $11.00
▼ -1.35% Downside Potential
This price target is based on 3 analysts offering 12 month price targets for Hut 8 Mining in the last 3 months. The average price target is $11.00, with a high forecast of $12.00 and a low forecast of $10.00. The average price target represents a -1.35% upside from the last price of $11.15.

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 3 investment analysts is to buy stock in Hut 8 Mining.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
5/1/2020
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
7/30/2020
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
10/28/2020
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
1/26/2021
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
4/26/2021
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
7/25/2021
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
9/23/2021
  • 0 strong buy ratings
  • 3 buy ratings
  • 0 hold ratings
  • 0 sell ratings
10/23/2021

Latest Recommendations

  • 0 strong buy ratings
  • 3 buy ratings
  • 0 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
10/14/2021DA DavidsonInitiated CoverageBuyHigh
9/23/2021Canaccord GenuityInitiated CoverageBuy$12.00Low
8/3/2021Craig HallumInitiated CoverageBuy$10.00Low
(Data available from 10/24/2016 forward)

News Sentiment Rating

0.24 (Hold)

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
3/28/2021
  • 0 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
4/27/2021
  • 0 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
5/27/2021
  • 0 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
6/26/2021
  • 1 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
7/26/2021
  • 3 very positive mentions
  • 4 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
8/25/2021
  • 1 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
9/24/2021
  • 3 very positive mentions
  • 22 positive mentions
  • 0 negative mentions
  • 1 very negative mentions
10/24/2021

Current Sentiment

  • 3 very positive mentions
  • 22 positive mentions
  • 0 negative mentions
  • 1 very negative mentions
Hut 8 Mining logo
Hut 8 Mining Corp. is a cryptocurrency mining and blockchain infrastructure company, which is focused solely on mining bitcoin. It provides investors with direct access to bitcoin, without the technical complexity or constraints of purchasing the underlying cryptocurrency. The company was founded by Andrew Kiguel on June 9, 2011 and is headquartered in Toronto, Canada.
Read More

Today's Range

Now: $11.15
Low: $10.82
High: $11.80

50 Day Range

MA: $8.81
Low: $5.91
High: $12.22

52 Week Range

Now: $11.15
Low: $0.79
High: $13.19

Volume

12,148,730 shs

Average Volume

4,315,486 shs

Market Capitalization

$1.83 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 reports on Hut 8 Mining in the last year: Canaccord Genuity, Craig Hallum, DA Davidson, 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 $11.00, suggesting a possible downside of 1.3%. Canaccord Genuity has the highest price target set, predicting HUT will reach $12.00 in the next twelve months. Craig Hallum has the lowest price target set, forecasting a price of $10.00 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 3 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?

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

The company's listed phone number is (647) 256-1992. The official website for Hut 8 Mining is hut8mining.com.