HC Wainwright Weighs in on Hut 8’s Q3 Earnings (NASDAQ:HUT)

Hut 8 Corp. (NASDAQ:HUT) – HC Wainwright upped their Q3 2025 earnings estimates for Hut 8 in a report released on Thursday, November 14th. HC Wainwright analyst M. Colonnese now anticipates that the company will post earnings per share of $0.15 for the quarter, up from their prior estimate of $0.10. HC Wainwright currently has a “Buy” rating and a $35.00 price objective 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 raised their target price on Hut 8 from $21.00 to $32.00 and gave the company a “buy” rating in a research report on Thursday. Benchmark upped their target price on Hut 8 from $17.00 to $32.00 and gave the stock a “buy” rating in a research note on Thursday. Canaccord Genuity Group increased their target price on Hut 8 from $22.00 to $32.00 and gave the company a “buy” rating in a research report on Thursday. Craig Hallum boosted their price target on shares of Hut 8 from $15.00 to $32.00 and gave the stock a “buy” rating in a report on Thursday. Finally, Stifel Nicolaus lifted their target price on shares of Hut 8 from $15.00 to $18.00 and gave the company a “speculative buy” rating in a research report on Wednesday, October 30th. Six analysts have rated the stock with a buy rating, According to MarketBeat, Hut 8 has a consensus rating of “Buy” and a consensus price target of $30.17.

Hut 8 Price Performance

NASDAQ:HUT opened at $23.14 on Friday. The company has a quick ratio of 1.68, a current ratio of 1.68 and a debt-to-equity ratio of 0.43. The company has a 50 day moving average price of $13.87 and a 200-day moving average price of $12.74. Hut 8 has a 1-year low of $6.18 and a 1-year high of $28.47.

Hut 8 (NASDAQ:HUT) last issued its earnings results on Tuesday, August 13th. The company reported $0.02 EPS for the quarter, beating analysts’ consensus estimates of ($0.09) by $0.11. The firm had revenue of $35.22 million during the quarter, compared to analysts’ expectations of $38.00 million.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the business. Capital Performance Advisors LLP purchased a new stake in shares of Hut 8 during the 3rd quarter valued at approximately $40,000. Amalgamated Bank purchased a new stake in Hut 8 in the second quarter valued at $42,000. Intech Investment Management LLC acquired a new position in shares of Hut 8 in the 3rd quarter valued at $133,000. Victory Capital Management Inc. purchased a new position in shares of Hut 8 during the 2nd quarter worth $154,000. Finally, Entropy Technologies LP acquired a new stake in shares of Hut 8 during the 3rd quarter worth about $170,000. 31.75% of the stock is owned by hedge funds and other institutional investors.

About Hut 8

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.