B. Riley Predicts Hut 8’s Q2 Earnings (NASDAQ:HUT)

Hut 8 Corp. (NASDAQ:HUT) – Research analysts at B. Riley issued their Q2 2025 earnings per share estimates for Hut 8 in a report released on Tuesday, May 13th. B. Riley analyst N. Giles anticipates that the company will earn ($0.23) per share for the quarter. B. Riley has a “Strong-Buy” rating on the stock. The consensus estimate for Hut 8’s current full-year earnings is ($0.53) per share. B. Riley also issued estimates for Hut 8’s Q3 2025 earnings at ($0.18) EPS, Q4 2025 earnings at ($0.19) EPS, FY2025 earnings at ($0.78) EPS, Q1 2026 earnings at ($0.21) EPS, Q2 2026 earnings at ($0.19) EPS, Q3 2026 earnings at ($0.16) EPS, Q4 2026 earnings at ($0.12) EPS and FY2026 earnings at ($0.69) EPS.

Other analysts have also recently issued reports about the company. Rosenblatt Securities started coverage on Hut 8 in a research report on Friday, March 7th. They set a “buy” rating and a $23.00 price target on the stock. Maxim Group started coverage on Hut 8 in a research report on Thursday, May 1st. They set a “buy” rating and a $20.00 price target on the stock. UBS Group set a $33.00 price target on Hut 8 in a research report on Wednesday, April 2nd. Needham & Company LLC reiterated a “buy” rating and set a $21.00 price target on shares of Hut 8 in a research report on Friday, May 9th. Finally, Northland Capmk upgraded Hut 8 to a “strong-buy” rating in a research report on Monday, April 21st. Thirteen analysts have rated the stock with a buy rating and two have issued a strong buy rating to the company’s stock. According to MarketBeat.com, Hut 8 has an average rating of “Buy” and a consensus target price of $25.93.

Hut 8 Trading Up 9.9%

Shares of NASDAQ HUT opened at $17.13 on Friday. The stock’s 50 day moving average price is $12.80 and its two-hundred day moving average price is $18.92. Hut 8 has a 52-week low of $8.53 and a 52-week high of $31.95. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.00 and a current ratio of 1.00.

Hut 8 (NASDAQ:HUT) last announced its quarterly earnings data on Thursday, May 8th. The company reported ($0.18) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.12) by ($0.06). The business had revenue of $20.88 million during the quarter, compared to analysts’ expectations of $33.68 million.

Insider Activity at Hut 8

In other Hut 8 news, insider Victor Semah sold 11,363 shares of the stock in a transaction on Monday, May 5th. The stock was sold at an average price of $12.95, for a total transaction of $147,150.85. Following the completion of the transaction, the insider now directly owns 15,738 shares of the company’s stock, valued at approximately $203,807.10. This trade represents a 41.93% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 11.20% of the stock is owned by insiders.

Hedge Funds Weigh In On Hut 8

A number of institutional investors and hedge funds have recently added to or reduced their stakes in HUT. Nisa Investment Advisors LLC boosted its stake in shares of Hut 8 by 77.9% during the 4th quarter. Nisa Investment Advisors LLC now owns 1,245 shares of the company’s stock worth $26,000 after acquiring an additional 545 shares in the last quarter. Summit Investment Advisors Inc. boosted its stake in shares of Hut 8 by 7.9% during the 4th quarter. Summit Investment Advisors Inc. now owns 8,475 shares of the company’s stock worth $174,000 after acquiring an additional 618 shares in the last quarter. Arizona State Retirement System boosted its stake in shares of Hut 8 by 2.8% during the 4th quarter. Arizona State Retirement System now owns 23,764 shares of the company’s stock worth $487,000 after acquiring an additional 637 shares in the last quarter. Victory Capital Management Inc. boosted its stake in shares of Hut 8 by 7.9% during the 1st quarter. Victory Capital Management Inc. now owns 11,127 shares of the company’s stock worth $129,000 after acquiring an additional 819 shares in the last quarter. Finally, Foundations Investment Advisors LLC lifted its holdings in shares of Hut 8 by 1.9% in the fourth quarter. Foundations Investment Advisors LLC now owns 50,687 shares of the company’s stock valued at $1,039,000 after purchasing an additional 932 shares in the last quarter. 31.75% of the stock is owned by institutional investors.

Hut 8 Company Profile

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.