Hut 8 (NASDAQ:HUT) Earns Buy Rating from HC Wainwright

Hut 8 (NASDAQ:HUT)‘s stock had its “buy” rating reaffirmed by investment analysts at HC Wainwright in a report issued on Thursday,Benzinga reports. They presently have a $80.00 price target on the stock. HC Wainwright’s price objective would indicate a potential upside of 44.67% from the stock’s previous close.

Several other analysts have also recently commented on HUT. Cantor Fitzgerald increased their price target on shares of Hut 8 from $24.00 to $64.00 and gave the company an “overweight” rating in a research note on Tuesday, November 4th. Roth Mkm reiterated a “buy” rating and issued a $80.00 price objective on shares of Hut 8 in a research report on Tuesday, January 27th. Keefe, Bruyette & Woods boosted their target price on Hut 8 from $55.00 to $75.00 and gave the stock a “moderate buy” rating in a research report on Tuesday, January 27th. Northland Securities set a $58.00 price target on Hut 8 in a research note on Wednesday, November 5th. Finally, B. Riley Financial lifted their price objective on Hut 8 from $61.00 to $76.00 and gave the stock a “buy” rating in a research report on Friday, January 9th. One analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average target price of $65.06.

Hut 8 Stock Down 6.6%

Shares of NASDAQ HUT opened at $55.30 on Thursday. Hut 8 has a 12-month low of $10.04 and a 12-month high of $66.07. The firm’s 50-day simple moving average is $54.68 and its 200 day simple moving average is $43.60. The company has a quick ratio of 0.72, a current ratio of 0.72 and a debt-to-equity ratio of 0.14. The company has a market cap of $5.97 billion, a price-to-earnings ratio of -141.79 and a beta of 4.42.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of HUT. Nisa Investment Advisors LLC lifted its holdings in shares of Hut 8 by 1.6% during the 4th quarter. Nisa Investment Advisors LLC now owns 15,969 shares of the company’s stock worth $734,000 after acquiring an additional 254 shares during the period. CWM LLC grew its holdings in Hut 8 by 37.4% in the fourth quarter. CWM LLC now owns 1,106 shares of the company’s stock worth $51,000 after purchasing an additional 301 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. increased its holdings in Hut 8 by 3.5% during the 3rd quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 9,500 shares of the company’s stock worth $331,000 after purchasing an additional 321 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank lifted its holdings in shares of Hut 8 by 1.7% in the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 21,685 shares of the company’s stock valued at $996,000 after purchasing an additional 362 shares in the last quarter. Finally, Vanguard Personalized Indexing Management LLC grew its holdings in Hut 8 by 4.5% during the fourth quarter. Vanguard Personalized Indexing Management LLC now owns 8,992 shares of the company’s stock worth $413,000 after buying an additional 388 shares in the last quarter. 31.75% of the stock is owned by institutional investors and hedge funds.

More Hut 8 News

Here are the key news stories impacting Hut 8 this week:

• Positive Sentiment: Vertiv partnership boosts Hut 8’s AI-data-center thesis — Vertiv announced a collaboration to scale modular, high-density AI infrastructure with digitally validated deployment (Vertiv OneCore), which supports Hut 8’s strategy to lease and operate AI-focused capacity and could accelerate commercial rollouts and revenue opportunities. Vertiv Industrializes AI Deployment with Digitally Orchestrated Infrastructure, Collaborates with Hut 8 to Scale
• Positive Sentiment: Institutional buying and analyst support — recent 13F filings and coverage show large institutional stake builds (including Oasis and other firms) and multiple buy/outperform ratings with price targets above the current level, which has lifted sentiment and provided buying pressure into earnings. Oasis Management’s Higher Stake In Hut 8
• Positive Sentiment: Consensus broker recommendations skew bullish — broker consensus recently summarized as a “Buy,” reinforcing the positive analyst view that underpins demand. Hut 8 Receives Consensus Recommendation of “Buy”
• Neutral Sentiment: Management commentary and investor deck emphasize AI pivot and growth strategy — the Q4 slide deck and earnings-call transcript provide more detail on how Hut 8 plans to monetize AI leases and scale operations; these disclosures clarify strategy but require execution to drive results. Q4 Presentation
• Neutral Sentiment: Metric analysis vs. estimates — writeups comparing key Q4 metrics to street estimates show strong year-over-year revenue growth but mixed per‑metric performance; useful for modeling but not a clear directional signal by itself. Zacks: Compared to Estimates
• Negative Sentiment: Big Q4 earnings miss and large non‑cash loss — Hut 8 reported a materially worse-than-expected EPS and a significant net loss for Q4 (reported per-share losses well below consensus and a large GAAP net loss), and revenue also missed Street estimates; this weak headline financials increase short‑term downside risk and volatility. Benzinga: Hut 8 Stock Pops As Earnings Highlight AI Pivot
• Negative Sentiment: Execution and volatility risks remain high — despite strategic progress, Hut 8 has a high beta, negative P/E, and exposure to crypto and AI leasing cycles; investors will likely focus on cash flow, balance‑sheet metrics and pace of commercial AI lease wins going forward. Company Earnings Press Release

About Hut 8

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.