What is HC Wainwright’s Forecast for Hut 8 FY2025 Earnings?

Hut 8 Corp. (NASDAQ:HUT) – Stock analysts at HC Wainwright issued their FY2025 earnings estimates for Hut 8 in a research report issued to clients and investors on Monday, February 2nd. HC Wainwright analyst K. Dede forecasts that the company will post earnings of ($0.37) per share for the year. HC Wainwright has a “Buy” rating and a $80.00 price objective on the stock. The consensus estimate for Hut 8’s current full-year earnings is ($0.53) per share. HC Wainwright also issued estimates for Hut 8’s Q4 2025 earnings at $0.03 EPS and FY2026 earnings at ($0.10) EPS.

HUT has been the subject of a number of other reports. Piper Sandler reiterated an “overweight” rating on shares of Hut 8 in a research note on Thursday, December 18th. Northland Securities set a $58.00 target price on shares of Hut 8 in a research report on Wednesday, November 5th. Canaccord Genuity Group increased their price target on Hut 8 from $54.00 to $62.00 and gave the company a “buy” rating in a report on Thursday, December 18th. Craig Hallum reaffirmed a “buy” rating and issued a $80.00 price objective on shares of Hut 8 in a report on Thursday, December 18th. Finally, Benchmark reissued a “buy” rating on shares of Hut 8 in a report on Wednesday, December 17th. Two research analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat, Hut 8 has an average rating of “Buy” and a consensus target price of $62.35.

Hut 8 Trading Up 5.1%

Hut 8 stock opened at $59.02 on Wednesday. The company has a debt-to-equity ratio of 0.14, a current ratio of 0.72 and a quick ratio of 0.72. The stock has a market capitalization of $6.38 billion, a PE ratio of -151.33 and a beta of 4.42. The business’s fifty day moving average is $50.92 and its 200 day moving average is $40.03. Hut 8 has a one year low of $10.04 and a one year high of $66.07.

Hut 8 (NASDAQ:HUT) last announced its quarterly earnings results on Tuesday, November 4th. The company reported ($0.07) earnings per share for the quarter, beating the consensus estimate of ($0.16) by $0.09. The company had revenue of $80.72 million during the quarter, compared to the consensus estimate of $64.70 million. Hut 8 had a net margin of 115.39% and a return on equity of 8.06%.

Hedge Funds Weigh In On Hut 8

Large investors have recently made changes to their positions in the business. Strs Ohio lifted its holdings in shares of Hut 8 by 278.8% during the 4th quarter. Strs Ohio now owns 25,000 shares of the company’s stock valued at $1,148,000 after purchasing an additional 18,400 shares during the last quarter. Danske Bank A S acquired a new position in Hut 8 during the 4th quarter valued at about $51,000. Activest Wealth Management purchased a new stake in Hut 8 in the fourth quarter valued at about $49,000. State of New Jersey Common Pension Fund D purchased a new stake in Hut 8 in the fourth quarter valued at about $2,562,000. Finally, Moody Aldrich Partners LLC acquired a new stake in Hut 8 in the fourth quarter worth about $4,980,000. 31.75% of the stock is owned by institutional investors and hedge funds.

Hut 8 Company Profile

Hut 8 Corp., trading on the Nasdaq under the symbol HUT, is a North American digital infrastructure company specializing in cryptocurrency mining and high‐performance computing. Founded in 2017 and headquartered in Toronto, Canada, Hut 8 operates purpose‐built data centers that house fleets of specialized ASIC and GPU servers. Through its flagship mining facilities in Alberta and Ontario, the company leverages low‐cost, low‐carbon power sources—such as hydroelectric and natural gas—to support sustainable bitcoin production.