What is HC Wainwright’s Estimate for Hut 8 Q1 Earnings?

Hut 8 Corp. (NASDAQ:HUT) – Equities research analysts at HC Wainwright issued their Q1 2026 earnings per share estimates for shares of Hut 8 in a report issued on Thursday, February 26th. HC Wainwright analyst K. Dede expects that the company will post earnings of ($0.27) per share for the quarter. HC Wainwright currently has a “Buy” rating and a $80.00 target price 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 Q2 2026 earnings at ($0.25) EPS, Q3 2026 earnings at ($0.21) EPS, Q4 2026 earnings at ($0.18) EPS and FY2026 earnings at ($0.91) EPS.

Several other research firms have also issued reports on HUT. Rosenblatt Securities restated a “buy” rating and issued a $65.00 target price on shares of Hut 8 in a report on Thursday. Roth Mkm reissued a “buy” rating and issued a $80.00 price objective on shares of Hut 8 in a research note on Tuesday, January 27th. Weiss Ratings restated a “hold (c-)” rating on shares of Hut 8 in a research report on Monday, December 29th. B. Riley Financial upped their target price on Hut 8 from $61.00 to $76.00 and gave the company a “buy” rating in a research note on Friday, January 9th. Finally, Wall Street Zen lowered Hut 8 from a “hold” rating to a “sell” rating in a research note on Saturday. One investment analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, Hut 8 currently has an average rating of “Buy” and a consensus target price of $65.56.

Hut 8 Stock Down 2.9%

Shares of HUT opened at $53.23 on Monday. The company has a quick ratio of 1.09, a current ratio of 1.09 and a debt-to-equity ratio of 0.12. The business has a fifty day moving average of $55.19 and a 200 day moving average of $44.22. The company has a market cap of $5.90 billion, a PE ratio of -22.94 and a beta of 4.42. Hut 8 has a 52-week low of $10.04 and a 52-week high of $66.07.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in HUT. Vanguard Group Inc. raised its holdings in shares of Hut 8 by 3.2% in the 4th quarter. Vanguard Group Inc. now owns 7,978,357 shares of the company’s stock valued at $366,526,000 after purchasing an additional 250,320 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its holdings in Hut 8 by 4,669,387.4% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 4,062,454 shares of the company’s stock valued at $186,629,000 after buying an additional 4,062,367 shares during the period. Ameriprise Financial Inc. raised its stake in Hut 8 by 20.3% in the third quarter. Ameriprise Financial Inc. now owns 2,991,466 shares of the company’s stock worth $104,133,000 after buying an additional 504,652 shares in the last quarter. SRS Investment Management LLC purchased a new stake in Hut 8 during the fourth quarter worth $131,838,000. Finally, Sachem Head Capital Management LP bought a new stake in Hut 8 during the 4th quarter valued at $129,780,000. 31.75% of the stock is currently owned by institutional investors.

Trending Headlines about Hut 8

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

• Positive Sentiment: Hut 8 reported a Q4 beat with revenue up ~179% year‑over‑year, driven by Compute growth and a strategic pivot toward AI and power‑first infrastructure — this supports higher revenue trajectory and analyst enthusiasm. Zacks: Q4 earnings
• Positive Sentiment: Several brokerages either raised price targets or reaffirmed “buy” ratings — Canaccord to $70, Needham to $66, HC Wainwright reaffirmed at $80, Rosenblatt at $65 — giving upside targets well above current levels and likely supporting buying interest. Benzinga: analyst moves
• Positive Sentiment: Vertiv announced a collaboration with Hut 8 to scale AI data‑center deployments (Vertiv OneCore / digital twin approach), validating Hut 8’s push into AI infrastructure and potential revenue streams beyond pure crypto mining. PR Newswire: Vertiv collaboration
• Neutral Sentiment: Company Q4 2025 earnings call summary is available for detail on operational drivers and management commentary (useful for judging sustainability of Compute/AI momentum). Yahoo Finance: earnings call summary
• Neutral Sentiment: Coverage pieces comparing Hut 8 to peers and discussing valuation/policy tradeoffs have appeared — useful for longer‑term positioning but less likely to move the stock immediately. AAII: investment comparison
• Negative Sentiment: Northland Securities sharply cut EPS estimates across 2026 (Q1–Q4) and slashed FY2026 to ($0.81) from prior positive forecasts — a material downgrade that increases near‑term earnings risk and may have driven some selling/volatility. MarketBeat: analyst estimate changes

Hut 8 Company Profile

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.