What is Northland Capmk's Estimate for Hut 8 Q2 Earnings?

Hut 8 Corp. (TSE:HUT - Free Report) - Northland Capmk upped their Q2 2026 EPS estimates for Hut 8 in a note issued to investors on Friday, July 11th. Northland Capmk analyst M. Grondahl now anticipates that the company will post earnings of $0.05 per share for the quarter, up from their previous estimate of $0.04. Northland Capmk has a "Strong-Buy" rating on the stock. The consensus estimate for Hut 8's current full-year earnings is $0.56 per share. Northland Capmk also issued estimates for Hut 8's Q3 2026 earnings at $0.10 EPS and FY2026 earnings at $0.26 EPS.

Several other equities analysts have also issued reports on HUT. Citizens Jmp raised shares of Hut 8 to a "strong-buy" rating in a report on Thursday, May 22nd. Maxim Group raised shares of Hut 8 to a "strong-buy" rating in a report on Thursday, May 1st. Roth Capital raised shares of Hut 8 to a "strong-buy" rating in a report on Thursday, June 5th. B. Riley raised shares of Hut 8 to a "strong-buy" rating in a report on Tuesday, May 13th. Finally, BTIG Research raised shares of Hut 8 to a "strong-buy" rating in a report on Monday, April 14th. Nine investment analysts have rated the stock with a strong buy rating, Based on data from MarketBeat.com, the stock presently has a consensus rating of "Strong Buy".

Hut 8 Stock Down 0.1%

TSE HUT traded down C$0.03 on Monday, hitting C$30.41. The stock had a trading volume of 1,229,760 shares, compared to its average volume of 1,490,469. The business's fifty day moving average price is C$24.81 and its 200 day moving average price is C$24.18. 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$11.86 and a 52-week high of C$45.20. The stock has a market cap of C$2.02 billion, a price-to-earnings ratio of 7.44 and a beta of 3.45.

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.