Hut 8’s (HUT) Buy Rating Reaffirmed at Rosenblatt Securities

Hut 8 (NASDAQ:HUT)‘s stock had its “buy” rating reaffirmed by stock analysts at Rosenblatt Securities in a note issued to investors on Thursday,Benzinga reports. They presently have a $65.00 price objective on the stock. Rosenblatt Securities’ price objective would indicate a potential upside of 17.54% from the stock’s current price.

HUT has been the topic of a number of other reports. Cantor Fitzgerald lifted their price objective on Hut 8 from $24.00 to $64.00 and gave the stock an “overweight” rating in a research note on Tuesday, November 4th. Piper Sandler reaffirmed an “overweight” rating on shares of Hut 8 in a research report on Thursday, December 18th. Wall Street Zen upgraded Hut 8 from a “sell” rating to a “hold” rating in a research note on Saturday, January 31st. BTIG Research restated a “buy” rating and set a $55.00 target price on shares of Hut 8 in a research report on Wednesday, December 17th. Finally, Needham & Company LLC upped their price target on Hut 8 from $60.00 to $66.00 and gave the company a “buy” rating in a research report on Thursday. One investment analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average target price of $65.06.

Hut 8 Trading Down 6.6%

Shares of HUT stock opened at $55.30 on Thursday. The business’s 50 day moving average is $54.68 and its two-hundred day 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. Hut 8 has a 12 month low of $10.04 and a 12 month high of $66.07. The company has a market cap of $5.97 billion, a PE ratio of -141.79 and a beta of 4.42.

Institutional Investors Weigh In On Hut 8

A number of large investors have recently added to or reduced their stakes in HUT. Nisa Investment Advisors LLC grew 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 valued at $734,000 after purchasing an additional 254 shares during the last quarter. CWM LLC grew its stake in shares of Hut 8 by 37.4% in the 4th quarter. CWM LLC now owns 1,106 shares of the company’s stock valued at $51,000 after buying an additional 301 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. raised its stake in shares of Hut 8 by 3.5% in the third 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 during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank lifted its stake in Hut 8 by 1.7% during the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 21,685 shares of the company’s stock valued at $996,000 after acquiring an additional 362 shares in the last quarter. Finally, Vanguard Personalized Indexing Management LLC boosted its stake in shares of Hut 8 by 4.5% in the 4th 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 during the last quarter. Institutional investors and hedge funds own 31.75% of the company’s stock.

Hut 8 News Roundup

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

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.