Weekly Research Analysts’ Ratings Updates for Hut 8 (HUT)

Several analysts have recently updated their ratings and price targets for Hut 8 (NASDAQ: HUT):

• 8/6/2026 – Hut 8 had its price target raised by Piper Sandler from $127.00 to $143.00. They now have an “overweight” rating on the stock.
• 8/6/2026 – Hut 8 had its price target lowered by Keefe, Bruyette & Woods from $157.00 to $154.00. They now have an “outperform” rating on the stock.
• 8/5/2026 – Hut 8 was upgraded by Maxim Group to “strong-buy”.
• 8/5/2026 – Hut 8 had its price target lowered by Needham & Company LLC from $145.00 to $138.00. They now have a “buy” rating on the stock.
• 8/5/2026 – Hut 8 had its “buy” rating reaffirmed by Rosenblatt Securities. They now have a $124.00 price target on the stock.
• 8/4/2026 – Hut 8 was upgraded by Weiss Ratings from “sell (d-)” to “hold (c-)”.
• 8/3/2026 – Hut 8 had its price target raised by B. Riley Financial, Inc. from $130.00 to $163.00. They now have a “buy” rating on the stock.
• 8/1/2026 – Hut 8 was downgraded by Wall Street Zen from “sell” to “strong sell”.
• 7/28/2026 – Hut 8 had its price target raised by Keefe, Bruyette & Woods from $138.00 to $157.00. They now have an “outperform” rating on the stock.
• 7/23/2026 – Hut 8 is now covered by Morgan Stanley. They set an “overweight” rating and a $263.00 price target on the stock.
• 7/22/2026 – Hut 8 was given a new $195.00 price target by Compass Point.
• 7/22/2026 – Hut 8 had its price target raised by Benchmark Co. from $165.00 to $195.00. They now have a “buy” rating on the stock.
• 7/21/2026 – Hut 8 had its “buy” rating reaffirmed by Rosenblatt Securities. They now have a $124.00 price target on the stock.
• 7/20/2026 – Hut 8 had its price target raised by Needham & Company LLC from $128.00 to $145.00. They now have a “buy” rating on the stock.
• 7/14/2026 – Hut 8 had its price target raised by Benchmark Co. from $85.00 to $165.00. They now have a “buy” rating on the stock.
• 6/24/2026 – Hut 8 had its price target raised by BTIG Research from $115.00 to $150.00. They now have a “buy” rating on the stock.
• 6/22/2026 – Hut 8 was given a new $226.00 price target by Loop Capital.

Insider Activity

In other Hut 8 news, insider Victor Semah sold 10,000 shares of Hut 8 stock in a transaction dated Wednesday, June 17th. The shares were sold at an average price of $125.00, for a total transaction of $1,250,000.00. Following the completion of the sale, the insider directly owned 31,378 shares in the company, valued at $3,922,250. This trade represents a 24.17% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Joseph Flinn sold 30,500 shares of Hut 8 stock in a transaction dated Thursday, June 11th. The shares were sold at an average price of $116.21, for a total transaction of $3,544,405.00. Following the sale, the director owned 18,238 shares of the company’s stock, valued at approximately $2,119,437.98. This represents a 62.58% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last ninety days, insiders have sold 48,219 shares of company stock valued at $5,704,552. 10.40% of the stock is currently owned by insiders.

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.