Research Analysts Set Expectations for Hut 8 FY2026 Earnings

Hut 8 Corp. (TSE:HUT) – Equities researchers at Northland Securities increased their FY2026 earnings estimates for shares of Hut 8 in a research report issued on Wednesday, November 4th. Northland Securities analyst M. Grondahl now forecasts that the company will post earnings of ($0.19) per share for the year, up from their previous estimate of ($3.36). The consensus estimate for Hut 8’s current full-year earnings is $0.56 per share. Northland Securities also issued estimates for Hut 8’s Q4 2026 earnings at ($1.34) EPS.

Several other analysts also recently issued reports on HUT. Freedom Capital upgraded Hut 8 to a “strong-buy” rating in a research note on Tuesday, August 18th. Roth Capital upgraded Hut 8 to a “strong-buy” rating in a report on Wednesday, October 7th. Freedom Broker raised Hut 8 to a “strong-buy” rating in a research report on Tuesday, August 18th. Wells Fargo & Company raised shares of Hut 8 to a “strong-buy” rating in a research report on Thursday, September 17th. Finally, Maxim Group raised Hut 8 to a “strong-buy” rating in a report on Wednesday, August 5th. Eight analysts have rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Strong Buy”.

Hut 8 Trading Up 0.2%

Hut 8 stock opened at C$80.55 on Monday. Hut 8 has a one year low of C$44.82 and a one year high of C$194.28. The company’s fifty day moving average price is C$112.48 and its two-hundred day moving average price is C$114.47. The company has a market capitalization of C$9.67 billion, a price-to-earnings ratio of -17.17 and a beta of 4.58. The company has a debt-to-equity ratio of 16.38, a current ratio of 9.48 and a quick ratio of 1.25.

Hedge Funds Weigh In On Hut 8

A hedge fund recently bought a new stake in Hut 8 stock. Dockside LLC acquired a new position in shares of Hut 8 Corp. (TSE:HUT) in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 6,252 shares of the company’s stock, valued at approximately $722,000. Institutional investors and hedge funds own 43.10% of the company’s stock.

Hut 8 Company Profile

Hut 8 Mining Corp is North America’s innovation-focused digital asset miner. Located in energy-rich Alberta, Canada. Hut 8 has one of the highest installed capacity rates in the industry and holds more self-mined bitcoin than any crypto miner or publicly-traded company globally. It is executing on its commitment to mining and holding bitcoin and has a diversified business and revenue strategy to grow and protect shareholder value regardless of bitcoin’s market direction.