HC Wainwright Issues Positive Outlook for Hut 8 Earnings

Hut 8 Corp. (NASDAQ:HUT) – Investment analysts at HC Wainwright lifted their Q3 2025 earnings per share estimates for Hut 8 in a research note issued on Thursday, November 14th. HC Wainwright analyst M. Colonnese now expects that the company will earn $0.15 per share for the quarter, up from their prior estimate of $0.10. HC Wainwright has a “Buy” rating and a $35.00 price objective on the stock. The consensus estimate for Hut 8’s current full-year earnings is ($0.55) per share. HC Wainwright also issued estimates for Hut 8’s Q4 2025 earnings at $0.19 EPS.

HUT has been the subject of a number of other reports. Canaccord Genuity Group boosted their price target on Hut 8 from $22.00 to $32.00 and gave the company a “buy” rating in a research note on Thursday. Craig Hallum upped their target price on shares of Hut 8 from $15.00 to $32.00 and gave the company a “buy” rating in a report on Thursday. Needham & Company LLC lifted their price target on shares of Hut 8 from $21.00 to $32.00 and gave the stock a “buy” rating in a research note on Thursday. Stifel Nicolaus upped their price objective on Hut 8 from $15.00 to $18.00 and gave the stock a “speculative buy” rating in a research note on Wednesday, October 30th. Finally, Benchmark raised their target price on Hut 8 from $17.00 to $32.00 and gave the stock a “buy” rating in a report on Thursday. Six research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, Hut 8 has an average rating of “Buy” and an average target price of $30.17.

Hut 8 Stock Down 6.6 %

Hut 8 stock opened at $23.14 on Friday. Hut 8 has a one year low of $6.18 and a one year high of $28.47. The business’s fifty day moving average is $13.87 and its 200 day moving average is $12.74. The company has a quick ratio of 1.68, a current ratio of 1.68 and a debt-to-equity ratio of 0.43.

Hut 8 (NASDAQ:HUT) last released its quarterly earnings data on Tuesday, August 13th. The company reported $0.02 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.09) by $0.11. The business had revenue of $35.22 million during the quarter, compared to the consensus estimate of $38.00 million.

Hedge Funds Weigh In On Hut 8

A number of large investors have recently bought and sold shares of HUT. Amalgamated Bank purchased a new position in Hut 8 in the second quarter valued at about $42,000. Capital Performance Advisors LLP purchased a new position in shares of Hut 8 in the 3rd quarter worth approximately $40,000. Victory Capital Management Inc. bought a new position in shares of Hut 8 during the 2nd quarter worth approximately $154,000. Intech Investment Management LLC purchased a new stake in Hut 8 during the third quarter valued at approximately $133,000. Finally, Dimensional Fund Advisors LP acquired a new stake in Hut 8 in the second quarter valued at approximately $200,000. Hedge funds and other institutional investors own 31.75% of the company’s stock.

About Hut 8

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.