FY2025 Earnings Forecast for Hut 8 Issued By HC Wainwright

Hut 8 Corp. (NASDAQ:HUT) – Equities researchers at HC Wainwright issued their FY2025 earnings per share (EPS) estimates for Hut 8 in a research report issued on Monday, February 2nd. HC Wainwright analyst K. Dede anticipates that the company will post earnings per share of ($0.37) for the year. 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 Q4 2025 earnings at $0.03 EPS and FY2026 earnings at ($0.10) EPS.

HUT has been the subject of a number of other reports. Canaccord Genuity Group raised their price objective on shares of Hut 8 from $54.00 to $62.00 and gave the stock a “buy” rating in a research note on Thursday, December 18th. Rosenblatt Securities reissued a “buy” rating and set a $65.00 price target on shares of Hut 8 in a research report on Thursday, December 18th. Roth Mkm reissued a “buy” rating and issued a $80.00 price target on shares of Hut 8 in a report on Tuesday, January 27th. Keefe, Bruyette & Woods upped their price objective on Hut 8 from $55.00 to $75.00 and gave the company a “moderate buy” rating in a research report on Tuesday, January 27th. Finally, Benchmark reiterated a “buy” rating on shares of Hut 8 in a research report on Wednesday, December 17th. Two analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Buy” and a consensus price target of $62.35.

Hut 8 Stock Performance

Shares of HUT opened at $54.17 on Wednesday. Hut 8 has a 12-month low of $10.04 and a 12-month high of $66.07. The stock has a market cap of $5.85 billion, a P/E ratio of -138.90 and a beta of 4.42. The company has a current ratio of 0.72, a quick ratio of 0.72 and a debt-to-equity ratio of 0.14. The company has a 50-day moving average of $51.15 and a two-hundred day moving average of $40.13.

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

Institutional Trading of Hut 8

A number of hedge funds have recently added to or reduced their stakes in the business. Millennium Management LLC increased its stake in shares of Hut 8 by 11.9% during the 1st quarter. Millennium Management LLC now owns 330,416 shares of the company’s stock valued at $3,839,000 after acquiring an additional 35,120 shares during the last quarter. Total Wealth Planning & Management Inc. acquired a new stake in shares of Hut 8 in the second quarter worth approximately $327,000. Triton Wealth Management PLLC purchased a new stake in Hut 8 in the second quarter valued at approximately $362,000. Stratos Wealth Partners LTD. acquired a new position in Hut 8 during the second quarter worth approximately $222,000. Finally, West Tower Group LLC purchased a new position in Hut 8 during the second quarter worth approximately $223,000. 31.75% of the stock is owned by institutional investors and hedge funds.

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.