Equities Analysts Issue Forecasts for Hut 8 FY2025 Earnings

Hut 8 Corp. (NASDAQ:HUT) – Equities researchers at HC Wainwright issued their FY2025 EPS estimates for shares of Hut 8 in a report issued on Monday, February 2nd. HC Wainwright analyst K. Dede expects that the company will earn ($0.37) per share for the year. HC Wainwright has a “Buy” rating and a $80.00 price objective on the stock. The consensus estimate for Hut 8’s current full-year earnings is ($0.53) per share. HC Wainwright also issued estimates for Hut 8’s Q4 2025 earnings at $0.03 EPS and FY2026 earnings at ($0.10) EPS.

Several other research firms also recently weighed in on HUT. B. Riley boosted their price target on Hut 8 from $61.00 to $76.00 and gave the company a “buy” rating in a research note on Friday, January 9th. Wall Street Zen upgraded Hut 8 from a “sell” rating to a “hold” rating in a research report on Saturday. Citigroup reissued an “outperform” rating on shares of Hut 8 in a research report on Tuesday, October 21st. Roth Mkm restated a “buy” rating and set a $80.00 price objective on shares of Hut 8 in a research note on Tuesday, January 27th. Finally, Piper Sandler reiterated an “overweight” rating on shares of Hut 8 in a research note on Thursday, December 18th. Two analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Buy” and a consensus target price of $62.35.

Hut 8 Stock Performance

Shares of HUT stock opened at $59.02 on Wednesday. The firm has a market capitalization of $6.38 billion, a price-to-earnings ratio of -151.33 and a beta of 4.42. The company has a debt-to-equity ratio of 0.14, a current ratio of 0.72 and a quick ratio of 0.72. The business has a fifty day moving average of $50.92 and a 200 day moving average of $40.03. Hut 8 has a 1 year low of $10.04 and a 1 year high of $66.07.

Hut 8 (NASDAQ:HUT) last announced its quarterly earnings data on Tuesday, November 4th. The company reported ($0.07) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.16) by $0.09. Hut 8 had a net margin of 115.39% and a return on equity of 8.06%. The firm had revenue of $80.72 million for the quarter, compared to analyst estimates of $64.70 million.

Institutional Trading of Hut 8

A number of hedge funds have recently added to or reduced their stakes in HUT. Vanguard Group Inc. increased its holdings in Hut 8 by 3.2% in the fourth quarter. Vanguard Group Inc. now owns 7,978,357 shares of the company’s stock valued at $366,526,000 after buying an additional 250,320 shares in the last quarter. Ameriprise Financial Inc. boosted its stake in shares of Hut 8 by 20.3% during the 3rd quarter. Ameriprise Financial Inc. now owns 2,991,466 shares of the company’s stock worth $104,133,000 after acquiring an additional 504,652 shares in the last quarter. Geode Capital Management LLC grew its position in shares of Hut 8 by 13.7% during the 2nd quarter. Geode Capital Management LLC now owns 2,563,091 shares of the company’s stock valued at $47,679,000 after acquiring an additional 309,113 shares during the period. Value Aligned Research Advisors LLC increased its stake in shares of Hut 8 by 110.2% in the 3rd quarter. Value Aligned Research Advisors LLC now owns 1,948,995 shares of the company’s stock valued at $67,845,000 after purchasing an additional 1,021,955 shares in the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in Hut 8 by 45.5% in the 3rd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 1,555,800 shares of the company’s stock worth $54,156,000 after purchasing an additional 486,721 shares during the period. 31.75% of the stock is owned by hedge funds and other institutional investors.

About Hut 8

Hut 8 Corp., trading on the Nasdaq under the symbol HUT, is a North American digital infrastructure company specializing in cryptocurrency mining and high‐performance computing. Founded in 2017 and headquartered in Toronto, Canada, Hut 8 operates purpose‐built data centers that house fleets of specialized ASIC and GPU servers. Through its flagship mining facilities in Alberta and Ontario, the company leverages low‐cost, low‐carbon power sources—such as hydroelectric and natural gas—to support sustainable bitcoin production.