Q2 Earnings Forecast for Hut 8 Issued By B. Riley (TSE:HUT)

Hut 8 Corp. (TSE:HUT - Free Report) - Investment analysts at B. Riley issued their Q2 2025 EPS estimates for shares of Hut 8 in a note issued to investors on Tuesday, May 13th. B. Riley analyst N. Giles expects that the company will post earnings of ($0.32) 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 $0.56 per share. B. Riley also issued estimates for Hut 8's Q3 2025 earnings at ($0.25) EPS, Q4 2025 earnings at ($0.27) EPS, FY2025 earnings at ($1.09) EPS, Q1 2026 earnings at ($0.29) EPS, Q2 2026 earnings at ($0.27) EPS, Q3 2026 earnings at ($0.22) EPS, Q4 2026 earnings at ($0.17) EPS and FY2026 earnings at ($0.96) EPS.

Several other equities analysts have also recently commented on HUT. Maxim Group upgraded shares of Hut 8 to a "strong-buy" rating in a report on Thursday, May 1st. Northland Capmk upgraded shares of Hut 8 to a "strong-buy" rating in a report on Monday, April 21st. BTIG Research upgraded shares of Hut 8 to a "strong-buy" rating in a report on Monday, April 14th. Finally, Rosenblatt Securities upgraded shares of Hut 8 to a "strong-buy" rating in a report on Friday, March 7th. Seven research analysts have rated the stock with a strong buy rating, Based on data from MarketBeat.com, the stock currently has a consensus rating of "Strong Buy".

Hut 8 Trading Up 10.2%

TSE HUT traded up C$2.21 on Friday, hitting C$23.95. 2,141,050 shares of the stock were exchanged, compared to its average volume of 1,513,376. The company's 50-day moving average price is C$18.00 and its two-hundred day moving average price is C$26.90. The company has a debt-to-equity ratio of 55.87, a current ratio of 1.68 and a quick ratio of 1.26. Hut 8 has a 52-week low of C$11.65 and a 52-week high of C$45.20. The company has a market capitalization of C$1.59 billion, a price-to-earnings ratio of 5.86 and a beta of 3.45.

Hut 8 Company Profile

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.