Q3 Earnings Estimate for Hut 8 Issued By B. Riley (TSE:HUT)

Hut 8 Corp. (TSE:HUT) – Research analysts at B. Riley reduced their Q3 2025 earnings per share (EPS) estimates for Hut 8 in a report released on Wednesday, July 9th. B. Riley analyst N. Giles now forecasts that the company will post earnings per share of ($0.27) for the quarter, down from their prior estimate of ($0.25). B. Riley currently has a “Strong-Buy” rating on the stock. The consensus estimate for Hut 8’s current full-year earnings is $0.56 per share. B. Riley also issued estimates for Hut 8’s FY2025 earnings at ($1.08) EPS and FY2027 earnings at ($0.63) EPS.

A number of other brokerages also recently issued reports on HUT. Maxim Group upgraded Hut 8 to a “strong-buy” rating in a research report on Thursday, May 1st. Northland Capmk raised Hut 8 to a “strong-buy” rating in a research note on Monday, April 21st. BTIG Research raised Hut 8 to a “strong-buy” rating in a research note on Monday, April 14th. Roth Capital raised Hut 8 to a “strong-buy” rating in a research note on Thursday, June 5th. Finally, Citizens Jmp raised Hut 8 to a “strong-buy” rating in a research note on Thursday, May 22nd. Nine analysts have rated the stock with a strong buy rating, Based on data from MarketBeat.com, Hut 8 presently has an average rating of “Strong Buy”.

Hut 8 Trading Down 1.0%

Shares of HUT stock opened at C$29.84 on Friday. The company has a debt-to-equity ratio of 55.87, a quick ratio of 1.26 and a current ratio of 1.68. Hut 8 has a 52-week low of C$11.86 and a 52-week high of C$45.20. The company has a market capitalization of C$1.99 billion, a PE ratio of 7.30 and a beta of 3.45. The business’s fifty day moving average is C$23.84 and its 200 day moving average is C$24.27.

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.