Hut 8 Corp. (TSE:HUT - Free Report) - Analysts at Northland Capmk increased their Q4 2026 EPS estimates for Hut 8 in a note issued to investors on Thursday, August 7th. Northland Capmk analyst M. Grondahl now anticipates that the company will post earnings per share of $0.12 for the quarter, up from their prior estimate of $0.11. Northland Capmk currently has a "Strong-Buy" rating on the stock. The consensus estimate for Hut 8's current full-year earnings is $0.56 per share.
A number of other analysts also recently weighed in on the stock. Maxim Group raised shares of Hut 8 to a "strong-buy" rating in a research report on Thursday, May 1st. BTIG Research raised shares of Hut 8 to a "strong-buy" rating in a research report on Monday, April 14th. B. Riley raised shares of Hut 8 to a "strong-buy" rating in a research report on Tuesday, May 13th. Roth Capital raised shares of Hut 8 to a "strong-buy" rating in a report on Thursday, June 5th. Finally, Citizens Jmp raised shares of Hut 8 to a "strong-buy" rating in a report on Thursday, May 22nd. Nine analysts have rated the stock with a strong buy rating, According to MarketBeat.com, the stock presently has a consensus rating of "Strong Buy".
Check Out Our Latest Research Report on HUT
Hut 8 Stock Down 2.7%
HUT stock opened at C$26.77 on Monday. Hut 8 has a twelve month low of C$11.86 and a twelve month high of C$45.20. The company has a current ratio of 1.68, a quick ratio of 1.26 and a debt-to-equity ratio of 55.87. The company has a market capitalization of C$1.78 billion, a P/E ratio of 6.55 and a beta of 3.45. The firm has a 50 day simple moving average of C$26.66 and a 200-day simple moving average of C$23.25.
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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