Hut 8 Corp. (HUT.TO) – What Are Researchers Thinking About This Stock?

Hut 8 Corp. (TSE:HUT) has been assigned a consensus rating of “Strong Buy” from the ten brokerages that are currently covering the firm, MarketBeat reports. One research analyst has rated the stock with a hold recommendation, one has assigned a buy recommendation and eight have given a strong buy recommendation to the company.

HUT has been the topic of several research reports. UBS Group raised Hut 8 to a “strong-buy” rating in a research report on Wednesday, September 23rd. Rothschild & Co Redburn upgraded Hut 8 to a “hold” rating in a research note on Monday, September 21st. Freedom Capital raised Hut 8 to a “strong-buy” rating in a research report on Tuesday, August 18th. Wells Fargo & Company upgraded Hut 8 to a “strong-buy” rating in a research note on Thursday, September 17th. Finally, Freedom Broker upgraded Hut 8 to a “strong-buy” rating in a report on Tuesday, August 18th.

Hut 8 News Summary

Here are the key news stories impacting Hut 8 this week:

• Positive Sentiment: Maxim Group raised its earnings estimates across FY2026–FY2028 and multiple quarters, while reiterating its “Strong-Buy” rating. Its FY2026 loss estimate improved to $1.18 per share from $5.66, and its FY2027 estimate to $19.94 from $21.05. MarketBeat Hut 8 coverage
• Positive Sentiment: Northland Securities also sharply improved its FY2026 estimate, now projecting a $0.19-per-share loss versus its prior $3.36 loss forecast; its Q4 estimate improved to a $1.34 loss from $1.40. MarketBeat Hut 8 coverage
• Negative Sentiment: Despite the upgrades, Maxim still forecasts substantial losses in later periods, including $19.94 per share for FY2027 and $36.66 for FY2028, tempering the positive signal from the revisions. MarketBeat Hut 8 coverage

Hedge Funds Weigh In On Hut 8

A hedge fund recently bought a new position in Hut 8 stock. Dockside LLC acquired a new stake in Hut 8 Corp. (TSE:HUT) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 6,252 shares of the company’s stock, valued at approximately $722,000. 42.84% of the stock is owned by institutional investors and hedge funds.

Hut 8 Stock Up 15.6%

Shares of Hut 8 stock opened at C$74.42 on Friday. The company has a fifty day moving average price of C$113.66 and a 200 day moving average price of C$114.46. The company has a current ratio of 9.48, a quick ratio of 1.25 and a debt-to-equity ratio of 16.38. Hut 8 has a twelve month low of C$44.82 and a twelve month high of C$194.28. The stock has a market cap of C$8.93 billion, a price-to-earnings ratio of -13.78 and a beta of 4.58.

About Hut 8

Hut 8 Mining Corp is North America’s innovation-focused digital asset miner. Located in energy-rich Alberta, Canada. Hut 8 has one of the highest installed capacity rates in the industry and holds more self-mined bitcoin than any crypto miner or publicly-traded company globally. It is executing on its commitment to mining and holding bitcoin and has a diversified business and revenue strategy to grow and protect shareholder value regardless of bitcoin’s market direction.