Research Analysts’ Weekly Ratings Changes for Hut 8 (HUT)

Several brokerages have updated their recommendations and price targets on shares of Hut 8 (NASDAQ: HUT) in the last few weeks:

• 11/8/2025 – Hut 8 was upgraded by analysts at Wall Street Zen from a “sell” rating to a “hold” rating.
• 11/6/2025 – Hut 8 had its “buy” rating reaffirmed by analysts at BTIG Research. They now have a $55.00 price target on the stock.
• 11/5/2025 – Hut 8 was given a new $58.00 price target on by analysts at Northland Securities.
• 11/5/2025 – Hut 8 had its “buy” rating reaffirmed by analysts at Rosenblatt Securities. They now have a $65.00 price target on the stock.
• 11/5/2025 – Hut 8 had its price target raised by analysts at Canaccord Genuity Group Inc. from $36.00 to $54.00. They now have a “buy” rating on the stock.
• 11/4/2025 – Hut 8 had its price target raised by analysts at Cantor Fitzgerald from $24.00 to $64.00. They now have an “overweight” rating on the stock.
• 10/31/2025 – Hut 8 had its “hold (c)” rating reaffirmed by analysts at Weiss Ratings.
• 10/28/2025 – Hut 8 had its price target raised by analysts at Benchmark Co. from $36.00 to $78.00. They now have a “buy” rating on the stock.
• 10/22/2025 – Hut 8 had its “buy” rating reaffirmed by analysts at B. Riley.
• 10/21/2025 – Hut 8 had its price target raised by analysts at JMP Securities from $25.00 to $65.00. They now have a “market outperform” rating on the stock.
• 10/21/2025 – Hut 8 had its “outperform” rating reaffirmed by analysts at Citigroup Inc..
• 10/20/2025 – Hut 8 was given a new $74.00 price target on by analysts at Piper Sandler. They now have an “overweight” rating on the stock.
• 10/16/2025 – Hut 8 had its price target raised by analysts at Rosenblatt Securities from $30.00 to $65.00. They now have a “buy” rating on the stock.
• 10/14/2025 – Hut 8 had its price target raised by analysts at BTIG Research from $33.00 to $55.00. They now have a “buy” rating on the stock.
• 10/8/2025 – Hut 8 had its “hold (c-)” rating reaffirmed by analysts at Weiss Ratings.
• 9/27/2025 – Hut 8 had its “hold (c-)” rating reaffirmed by analysts at Weiss Ratings.
• 9/15/2025 – Hut 8 had its “buy” rating reaffirmed by analysts at Roth Capital. They now have a $60.00 price target on the stock, up previously from $31.00.

Insider Activity

In related news, CFO Sean Joseph Glennan sold 6,060 shares of the business’s stock in a transaction that occurred on Monday, August 25th. The stock was sold at an average price of $22.09, for a total value of $133,865.40. Following the completion of the sale, the chief financial officer directly owned 6,295 shares in the company, valued at approximately $139,056.55. The trade was a 49.05% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Joseph Flinn sold 8,500 shares of the company’s stock in a transaction that occurred on Thursday, August 28th. The stock was sold at an average price of $26.55, for a total value of $225,675.00. Following the sale, the director directly owned 9,791 shares of the company’s stock, valued at $259,951.05. The trade was a 46.47% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 16,060 shares of company stock valued at $399,485. 11.20% of the stock is currently owned by corporate insiders.

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.