HC Wainwright Estimates Hut 8’s Q3 Earnings (NASDAQ:HUT)

Hut 8 Corp. (NASDAQ:HUT) – Investment analysts at HC Wainwright raised their Q3 2025 earnings per share (EPS) estimates for shares of Hut 8 in a research report issued on Thursday, November 14th. HC Wainwright analyst M. Colonnese now anticipates that the company will earn $0.15 per share for the quarter, up from their previous forecast of $0.10. HC Wainwright has a “Buy” rating and a $35.00 price target on the stock. The consensus estimate for Hut 8’s current full-year earnings is ($0.55) per share. HC Wainwright also issued estimates for Hut 8’s Q4 2025 earnings at $0.19 EPS.

A number of other research firms have also recently commented on HUT. Needham & Company LLC lifted their target price on shares of Hut 8 from $21.00 to $32.00 and gave the stock a “buy” rating in a research note on Thursday. Craig Hallum lifted their price objective on shares of Hut 8 from $15.00 to $32.00 and gave the stock a “buy” rating in a research note on Thursday. Benchmark upped their target price on Hut 8 from $17.00 to $32.00 and gave the company a “buy” rating in a research report on Thursday. Canaccord Genuity Group raised their target price on Hut 8 from $22.00 to $32.00 and gave the stock a “buy” rating in a research note on Thursday. Finally, Stifel Nicolaus boosted their price target on Hut 8 from $15.00 to $18.00 and gave the company a “speculative buy” rating in a research note on Wednesday, October 30th. Six investment analysts have rated the stock with a buy rating, According to data from MarketBeat.com, Hut 8 has an average rating of “Buy” and an average target price of $30.17.

Hut 8 Stock Performance

Shares of HUT stock opened at $25.26 on Friday. Hut 8 has a fifty-two week low of $6.18 and a fifty-two week high of $28.47. The company has a debt-to-equity ratio of 0.43, a quick ratio of 1.68 and a current ratio of 1.68. The stock’s 50-day simple moving average is $14.47 and its 200-day simple moving average is $12.93.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. D1 Capital Partners L.P. purchased a new stake in Hut 8 in the 2nd quarter worth approximately $17,388,000. Vanguard Group Inc. grew its position in Hut 8 by 8,329.2% during the first quarter. Vanguard Group Inc. now owns 2,787,102 shares of the company’s stock valued at $30,770,000 after buying an additional 2,754,037 shares during the period. Millennium Management LLC increased its holdings in Hut 8 by 46.4% in the second quarter. Millennium Management LLC now owns 649,518 shares of the company’s stock valued at $9,733,000 after buying an additional 205,836 shares in the last quarter. Swiss National Bank raised its position in shares of Hut 8 by 61.6% in the first quarter. Swiss National Bank now owns 141,940 shares of the company’s stock worth $1,567,000 after acquiring an additional 54,100 shares during the period. Finally, Ninepoint Partners LP purchased a new stake in shares of Hut 8 during the 2nd quarter worth about $720,000. 31.75% of the stock is currently owned by institutional investors and hedge funds.

Hut 8 Company Profile

Hut 8 Corp., together with its subsidiaries, acquires, builds, manages, and operates data centers for digital assets mining, computing, and artificial intelligence in the United States. It operates in four segments: Digital Assets Mining, Managed Services, High Performance Computing Colocation and Cloud, and Other.