Live Earnings Conference Call: Hut 8 will host a live Q1 2026 earnings call on May 6, 2026 at 8:30AM ET. Get details.

Hut 8 (HUT) Stock Forecast & Price Target

$80.29 +2.21 (+2.84%)

Closing price 05/5/2026 03:59 PM Eastern

Extended Trading

$79.63 -0.67 (-0.83%)

As of 05/5/2026 07:59 PM Eastern

Compare

Hut 8 - Analysts' Recommendations and Stock Price Forecast (2026)

Consensus Rating

Moderate Buy

Based on 17 Analyst Ratings

Sell
1

Hold
0

Buy
16

Based on 17 Wall Street analysts who have issued ratings for Hut 8 in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 17 analysts, 1 has given a sell rating, and 16 have given a buy rating for HUT.

Consensus Price Target

$76.38
-4.88% Downside

According to the 17 analysts' twelve-month price targets for Hut 8, the average price target is $76.38. The highest price target for HUT is $136.00, while the lowest price target for HUT is $30.00. The average price target represents a forecasted downside of -4.88% from the current price of $80.29.

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Get the Latest News and Ratings for HUT and Related Stocks

Enter your email address to receive the latest news and analysts' ratings for Hut 8 and its competitors.

SMS is currently available in Australia, Belgium, Canada, France, Germany, Ireland, Italy, New Zealand, the Netherlands, Singapore, South Africa, Spain, Switzerland, the United Kingdom, and the United States. By entering your phone number and clicking the sign-up button, you agree to receive periodic text messages from MarketBeat at the phone number you submitted, including texts that may be sent using an automatic telephone dialing system. Message and data rates may apply. Message frequency will vary. Messages will consist of stock alerts, news stories, and partner advertisements/offers. Consent is not a condition of the purchase of any goods or services. Text HELP for help/customer support. Unsubscribe at any time by replying "STOP" to any text message that you receive from MarketBeat or by visiting our mailing preferences page. Read our full terms of service and privacy policy.

HUT Analyst Ratings Over Time

Type	Current Forecast 5/6/25 to 5/6/26	1 Month Ago 4/6/25 to 4/6/26	3 Months Ago 2/5/25 to 2/5/26	1 Year Ago 5/6/24 to 5/6/25
Strong Buy	0 Strong Buy rating(s)	1 Strong Buy rating(s)	1 Strong Buy rating(s)	1 Strong Buy rating(s)
Buy	16 Buy rating(s)	16 Buy rating(s)	15 Buy rating(s)	12 Buy rating(s)
Hold	0 Hold rating(s)	0 Hold rating(s)	1 Hold rating(s)	0 Hold rating(s)
Sell	1 Sell rating(s)	1 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$76.38	$72.00	$64.69	$27.08
Forecasted Upside	-4.88% Downside	45.22% Upside	45.43% Upside	112.05% Upside
Consensus Rating	Moderate Buy	Moderate Buy	Buy	Buy

HUT Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

HUT Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Hut 8 Stock vs. The Competition

Type	Hut 8	Finance Companies	S&P 500
Consensus Rating Score	2.88	2.31	2.52
Consensus Rating	Moderate Buy	Hold	Moderate Buy
Predicted Upside	-4.88% Downside	26.59% Upside	14.74% Upside
News Sentiment Rating	Positive News See Recent HUT News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export

Date	Brokerage	Analyst	Action	Rating	Price Target	Report Date Upside/Downside
4/28/2026	Citigroup 4 of 5 stars		Reiterated Rating	Outperform
4/24/2026	BTIG Research 2 of 5 stars	Gregory Lewis 4 of 5 stars	Boost Target	Buy	$55.00 ➝ $90.00	+14.26%
4/21/2026	Piper Sandler 2 of 5 stars	Patrick Moley 5 of 5 stars	Boost Target	Overweight	$74.00 ➝ $93.00	+17.74%
4/9/2026	Cantor Fitzgerald Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Brett Knoblauch Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Overweight	$68.00 ➝ $80.00	+23.22%
3/23/2026	Arete Research Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Initiated Coverage	Buy	$136.00	+186.56%
3/2/2026	Weiss Ratings Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Downgrade	Hold (C-) ➝ Sell (D+)
2/27/2026	Canaccord Genuity Group Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Joseph Vafi Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Buy	$62.00 ➝ $70.00	+33.18%
2/26/2026	HC Wainwright Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Kevin Dede Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Reiterated Rating	Buy	$80.00	+44.67%
2/26/2026	Rosenblatt Securities Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Chris Brendler Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Reiterated Rating	Buy	$65.00	+17.54%
2/26/2026	Needham & Company LLC Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	John Todaro Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Buy	$60.00 ➝ $66.00	+19.35%

1/27/2026	Roth Mkm Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Darren Aftahi Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Reiterated Rating	Buy	$80.00	+41.87%
1/27/2026	Keefe, Bruyette & Woods Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Bill Papanastasiou Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Outperform ➝ Moderate Buy	$55.00 ➝ $75.00	+33.00%
1/9/2026	B. Riley Financial Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Nick Giles Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Buy	$61.00 ➝ $76.00	+31.15%
12/18/2025	Craig Hallum Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	George Sutton Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Reiterated Rating	Buy	$80.00	+86.07%
12/17/2025	Benchmark Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Mark Palmer Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Reiterated Rating	Buy
11/5/2025	Northland Securities Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Mike Grondahl Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Set Target		$58.00	+17.20%
10/21/2025	Citizens Jmp Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Greg P. Miller Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Market Outperform	$25.00 ➝ $65.00	+30.21%
8/11/2025	Maxim Group Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Matthew Galinko Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Buy	$23.00 ➝ $30.00	+42.31%
4/2/2025	UBS Group Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Mark Palmer Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Set Target		$33.00	+217.00%
10/30/2024	Stifel Nicolaus Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Boost Target	Speculative Buy	$15.00 ➝ $18.00	-1.80%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Wednesday at 01:28 AM ET.

HUT Forecast - Frequently Asked Questions

: According to the research reports of 17 Wall Street equities research analysts, the average twelve-month stock price forecast for Hut 8 is $76.38, with a high forecast of $136.00 and a low forecast of $30.00.
: 17 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Hut 8 in the last year. There is currently 1 sell rating and 16 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" HUT shares.
: According to analysts, Hut 8's stock has a predicted downside of -4.88% based on their 12-month stock forecasts.
: Over the previous 90 days, Hut 8's stock had 1 downgrade by analysts.
: Hut 8 has been rated by research analysts at Arete Research, BTIG Research, Canaccord Genuity Group, Cantor Fitzgerald, Citigroup, HC Wainwright, Needham & Company LLC, Piper Sandler, Rosenblatt Securities, and Weiss Ratings in the past 90 days.
: Analysts like Hut 8 more than other "finance" companies. The consensus rating for Hut 8 is Moderate Buy while the average consensus rating for "finance" companies is Hold. Learn more on how HUT compares to other companies.

Stock Forecasts and Research Tools

Related Companies

Today's Analyst Ratings

Top-Rated Stocks

More Ratings Tools

Brokerages With Hut 8 Recommendations

This page (NASDAQ:HUT) was last updated on 5/6/2026 by MarketBeat.com Staff.

From Our Partners

Get 30 Days of MarketBeat All Access for Free

Start Your 30-Day Trial

In-depth profiles and analysis for 20,000 public companies.
Real-time analyst ratings, insider transactions, earnings data, and more.
Our daily ratings and market update email newsletter.

Sign In
Create Account

Your Email Address:

Your Password:

Forgot your password?

Your Email Address:

Choose a Password:

By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Hut 8 (HUT) Stock Forecast & Price Target

Hut 8 - Analysts' Recommendations and Stock Price Forecast (2026)

Consensus Rating

Consensus Price Target

HUT Analyst Ratings Over Time

HUT Analyst Recommendations By Month

HUT Price Targets by Month

Hut 8 Stock vs. The Competition

Recent Analyst Forecasts and Stock Ratings

HUT Forecast - Frequently Asked Questions

Stock Forecasts and Research Tools

Today's Analyst Ratings

Top-Rated Stocks

More Ratings Tools

Brokerages With Hut 8 Recommendations

Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

Advanced Stock Screeners and Research Tools

About MarketBeat

MarketBeat Products

Popular Tools

Financial Calendars

Terms & Info

Hut 8 (HUT) Stock Forecast & Price Target

Hut 8 - Analysts' Recommendations and Stock Price Forecast (2026)

Consensus Rating

Consensus Price Target

HUT Analyst Ratings Over Time

HUT Analyst Recommendations By Month

HUT Price Targets by Month

Hut 8 Stock vs. The Competition

Recent Analyst Forecasts and Stock Ratings

HUT Forecast - Frequently Asked Questions

Stock Forecasts and Research Tools

Today's Analyst Ratings

Top-Rated Stocks

More Ratings Tools

Brokerages With Hut 8 Recommendations

MarketBeat All Access Features

Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

Advanced Stock Screeners and Research Tools