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B. Riley Analysts Decrease Earnings Estimates for Hut 8

Hut 8 logo with Financial Services background

Hut 8 Corp. (TSE:HUT - Free Report) - B. Riley cut their Q3 2025 earnings per share (EPS) estimates for Hut 8 in a research note issued to investors on Wednesday, July 9th. B. Riley analyst N. Giles now forecasts that the company will post earnings of ($0.27) per share for the quarter, down from their previous estimate of ($0.25). 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 FY2025 earnings at ($1.08) EPS and FY2027 earnings at ($0.63) EPS.

HUT has been the topic of a number of other reports. Northland Capmk raised Hut 8 to a "strong-buy" rating in a research report on Monday, April 21st. Maxim Group raised Hut 8 to a "strong-buy" rating in a research report on Thursday, May 1st. Citizens Jmp raised Hut 8 to a "strong-buy" rating in a research report on Thursday, May 22nd. BTIG Research raised Hut 8 to a "strong-buy" rating in a research report on Monday, April 14th. Finally, Roth Capital raised Hut 8 to a "strong-buy" rating in a research report on Thursday, June 5th. Nine equities research analysts have rated the stock with a strong buy rating, According to data from MarketBeat.com, Hut 8 has an average rating of "Strong Buy".

View Our Latest Stock Report on Hut 8

Hut 8 Stock Up 1.5%

Shares of HUT traded up C$0.45 during trading hours on Friday, hitting C$30.29. The stock had a trading volume of 1,712,078 shares, compared to its average volume of 1,491,740. 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 1-year low of C$11.86 and a 1-year high of C$45.20. The firm has a 50 day simple moving average of C$23.84 and a 200-day simple moving average of C$24.12. The firm has a market capitalization of C$2.02 billion, a P/E ratio of 7.41 and a beta of 3.45.

About Hut 8

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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.

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Earnings History and Estimates for Hut 8 (TSE:HUT)

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