Hut 8 Corp. (TSE:HUT - Free Report) - Research analysts at B. Riley lowered their Q3 2025 EPS estimates for Hut 8 in a report released on Wednesday, July 9th. B. Riley analyst N. Giles now expects that the company will post earnings per share of ($0.27) for the quarter, down from their previous forecast 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.
Several other equities analysts have also commented on HUT. Northland Capmk upgraded shares of Hut 8 to a "strong-buy" rating in a research note on Monday, April 21st. Citizens Jmp upgraded shares of Hut 8 to a "strong-buy" rating in a research note on Thursday, May 22nd. Maxim Group upgraded shares of Hut 8 to a "strong-buy" rating in a research note on Thursday, May 1st. BTIG Research upgraded shares of Hut 8 to a "strong-buy" rating in a research note on Monday, April 14th. Finally, Roth Capital upgraded shares of Hut 8 to a "strong-buy" rating in a research note on Thursday, June 5th. Nine analysts have rated the stock with a strong buy rating, According to MarketBeat.com, Hut 8 currently has an average rating of "Strong Buy".
Check Out Our Latest Stock Analysis on HUT
Hut 8 Stock Performance
Shares of Hut 8 stock opened at C$30.15 on Friday. The firm has a market capitalization of C$2.01 billion, a P/E ratio of 7.38 and a beta of 3.45. Hut 8 has a 52 week low of C$11.86 and a 52 week high of C$45.20. The company has a quick ratio of 1.26, a current ratio of 1.68 and a debt-to-equity ratio of 55.87. The firm's 50 day moving average is C$23.63 and its two-hundred day moving average is C$24.30.
Hut 8 Company Profile
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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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