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Hut 8 (TSE:HUT)
TSX:HUT
Canadian Market
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Hut 8 (HUT) Stock Forecast & Price Target

1,336 Followers
See the Price Targets and Ratings of:

HUT Analyst Ratings

Strong Buy
18Ratings
Strong Buy
17 Buy
1 Hold
0 Sell
Based on 18 analysts giving stock ratings to
Hut
8
in the past 3 months
TipRanks enables you to focus on the analyst rating consensus of all analysts or only the top performers​ in the past 3 months

HUT Stock 12 Month Forecast

Average Price Target

C$225.31
▲(90.54% Upside)
Based on 18 Wall Street analysts offering 12 month price targets for Hut 8 in the last 3 months. The average price target is C$225.31 with a high forecast of C$392.00 and a low forecast of C$136.84. The average price target represents a 90.54% change from the last price of C$118.25.
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Highest Price TargetC$392.00Average Price TargetC$225.31Lowest Price TargetC$136.84
The highest, average, and lowest price target of all analysts. Click on ‘Top Analysts’ to focus on the best performers.

Detailed List of Analyst Forecasts​

Detailed List of Analyst Forecasts​
Analyst Profile
Expert Firm
Price Target
Position
Upside / Downside
Action
Date
Follow
Article
Maxim Group Analyst forecast on TSE:HUT
Maxim Group
Maxim Group
C$200.7→C$242.33
Buy
104.93%
Upside
Reiterated
10/12/26
Maxim Group Remains a Buy on Hut 8 (HUT)
Morgan Stanley Analyst forecast on TSE:HUT
Morgan Stanley
Morgan Stanley
C$389.15→C$392
Buy
231.50%
Upside
Reiterated
10/09/26
Hut 8 price target raised to $275 from $273 at Morgan StanleyHut 8 price target raised to $275 from $273 at Morgan Stanley
Canaccord Genuity Analyst forecast on TSE:HUT
Canaccord Genuity
Canaccord Genuity
C$185.31
Buy
56.71%
Upside
Reiterated
10/07/26
Hut 8 (HUT) Receives a Buy from Canaccord Genuity
Roth MKM Analyst forecast on TSE:HUT
Bryan Baratian
Roth MKM
Not Ranked
Roth MKM
C$153.95
Buy
30.19%
Upside
Initiated
10/07/26
Hut 8 reinstated with a Buy at Roth CapitalHut 8 reinstated with a Buy at Roth Capital
Needham
C$196.71
Buy
66.35%
Upside
Reiterated
10/06/26
Hut 8 Buy Rating Reaffirmed as Strategic Execution Supports Unchanged $138 Price Target
Northland Securities Analyst forecast on TSE:HUT
Northland Securities
Northland Securities
C$171.05
Buy
44.65%
Upside
Reiterated
10/06/26
Northland Securities Remains a Buy on Hut 8 (HUT)
StoneX
C$277.96
Buy
135.06%
Upside
Reiterated
10/06/26
StoneX Reaffirms Their Buy Rating on Hut 8 (HUT)
Clear Street Analyst forecast on TSE:HUT
Clear Street
Clear Street
―
Buy
―
Reiterated
09/28/26
Hut 8 (HUT) Receives a Buy from Clear Street
UBS
C$203.84
Buy
72.38%
Upside
Initiated
09/23/26
Hut 8 initiated with a Buy at UBSHut 8 initiated with a Buy at UBS
Rothschild & Co Redburn Analyst forecast on TSE:HUT
Rothschild & Co Redburn
Rothschild & Co Redburn
C$136.84
Hold
15.72%
Upside
Initiated
09/21/26
Hut 8 initiated with a Neutral at Rothschild & Co RedburnHut 8 initiated with a Neutral at Rothschild & Co Redburn
Wells Fargo Analyst forecast on TSE:HUT
Wells Fargo
Wells Fargo
C$249.45
Buy
110.95%
Upside
Initiated
09/17/26
Hut 8 initiated with an Overweight at Wells FargoHut 8 initiated with an Overweight at Wells Fargo
Freedom Capital Markets Analyst forecast on TSE:HUT
Freedom Capital Markets
Freedom Capital Markets
―
Buy
―
Initiated
08/19/26
Hut 8 (HUT) Initiated with a Buy at Freedom Capital Markets
Piper Sandler Analyst forecast on TSE:HUT
Piper Sandler
Piper Sandler
C$181.03→C$203.84
Buy
72.38%
Upside
Reiterated
08/06/26
Piper Sandler Sticks to Their Buy Rating for Hut 8 (HUT)
BTIG
C$213.82
Buy
80.82%
Upside
Reiterated
08/06/26
BTIG Reaffirms Their Buy Rating on Hut 8 (HUT)
KBW
C$223.8→C$219.52
Buy
85.64%
Upside
Reiterated
08/06/26
Hut 8 price target lowered to $154 from $157 at Keefe BruyetteHut 8 price target lowered to $154 from $157 at Keefe Bruyette
Analyst Type
Any
Any
Human Analysts
Ranks
Any
Any
Analyst Rating
Any
Any
Upside/ Downside
Any
Any
Action
Any
Any
Analyst Profile
Expert Firm
Price Target
Position
Upside / Downside
Action
Date
Follow
Article
Maxim Group Analyst forecast on TSE:HUT
Maxim Group
Maxim Group
C$200.7→C$242.33
Buy
104.93%
Upside
Reiterated
10/12/26
Maxim Group Remains a Buy on Hut 8 (HUT)
Morgan Stanley Analyst forecast on TSE:HUT
Morgan Stanley
Morgan Stanley
C$389.15→C$392
Buy
231.50%
Upside
Reiterated
10/09/26
Hut 8 price target raised to $275 from $273 at Morgan StanleyHut 8 price target raised to $275 from $273 at Morgan Stanley
Canaccord Genuity Analyst forecast on TSE:HUT
Canaccord Genuity
Canaccord Genuity
C$185.31
Buy
56.71%
Upside
Reiterated
10/07/26
Hut 8 (HUT) Receives a Buy from Canaccord Genuity
Roth MKM Analyst forecast on TSE:HUT
Bryan Baratian
Roth MKM
Not Ranked
Roth MKM
C$153.95
Buy
30.19%
Upside
Initiated
10/07/26
Hut 8 reinstated with a Buy at Roth CapitalHut 8 reinstated with a Buy at Roth Capital
Needham
C$196.71
Buy
66.35%
Upside
Reiterated
10/06/26
Hut 8 Buy Rating Reaffirmed as Strategic Execution Supports Unchanged $138 Price Target
Northland Securities Analyst forecast on TSE:HUT
Northland Securities
Northland Securities
C$171.05
Buy
44.65%
Upside
Reiterated
10/06/26
Northland Securities Remains a Buy on Hut 8 (HUT)
StoneX
C$277.96
Buy
135.06%
Upside
Reiterated
10/06/26
StoneX Reaffirms Their Buy Rating on Hut 8 (HUT)
Clear Street Analyst forecast on TSE:HUT
Clear Street
Clear Street
―
Buy
―
Reiterated
09/28/26
Hut 8 (HUT) Receives a Buy from Clear Street
UBS
C$203.84
Buy
72.38%
Upside
Initiated
09/23/26
Hut 8 initiated with a Buy at UBSHut 8 initiated with a Buy at UBS
Rothschild & Co Redburn Analyst forecast on TSE:HUT
Rothschild & Co Redburn
Rothschild & Co Redburn
C$136.84
Hold
15.72%
Upside
Initiated
09/21/26
Hut 8 initiated with a Neutral at Rothschild & Co RedburnHut 8 initiated with a Neutral at Rothschild & Co Redburn
Wells Fargo Analyst forecast on TSE:HUT
Wells Fargo
Wells Fargo
C$249.45
Buy
110.95%
Upside
Initiated
09/17/26
Hut 8 initiated with an Overweight at Wells FargoHut 8 initiated with an Overweight at Wells Fargo
Freedom Capital Markets Analyst forecast on TSE:HUT
Freedom Capital Markets
Freedom Capital Markets
―
Buy
―
Initiated
08/19/26
Hut 8 (HUT) Initiated with a Buy at Freedom Capital Markets
Piper Sandler Analyst forecast on TSE:HUT
Piper Sandler
Piper Sandler
C$181.03→C$203.84
Buy
72.38%
Upside
Reiterated
08/06/26
Piper Sandler Sticks to Their Buy Rating for Hut 8 (HUT)
BTIG
C$213.82
Buy
80.82%
Upside
Reiterated
08/06/26
BTIG Reaffirms Their Buy Rating on Hut 8 (HUT)
KBW
C$223.8→C$219.52
Buy
85.64%
Upside
Reiterated
08/06/26
Hut 8 price target lowered to $154 from $157 at Keefe BruyetteHut 8 price target lowered to $154 from $157 at Keefe Bruyette
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Find stocks in the Financial sector that are highly recommended by Top Performing Analysts.

Best Analysts Covering Hut 8

3 Months
Darren AftahiLucid Capital
Success Rate
8/10 ratings generated profit
80%
Average Return
+39.08%
Copying Darren Aftahi's trades and holding each position for 3 Months would result in 80.00% of your transactions generating a profit, with an average return of +39.08% per trade.
1 Year
George SuttonCraig-Hallum
Success Rate
21/24 ratings generated profit
88%
Average Return
+157.21%
Copying George Sutton's trades and holding each position for 1 Year would result in 87.50% of your transactions generating a profit, with an average return of +157.21% per trade.
2 Years
George SuttonCraig-Hallum
Success Rate
21/24 ratings generated profit
88%
Average Return
+335.59%
Copying George Sutton's trades and holding each position for 2 Years would result in 87.50% of your transactions generating a profit, with an average return of +335.59% per trade.
The Best Analyst Covering tool allows you to follow the analysts who have the best success rates and average returns on a specific stock. Only analysts that gave a Buy or Sell rating on the stock in the past 12 months are eligible for inclusion in this tool. Follow the analysts of your choice to receive real-time updates when they publish a new rating.

HUT Analyst Recommendation Trends

Rating
Jun 26
Jul 26
Aug 26
Sep 26
Oct 26
Strong Buy
1
7
19
19
17
Buy
22
22
15
14
10
Hold
0
0
0
1
1
Sell
0
0
0
0
0
Strong Sell
0
0
0
0
0
total
23
29
34
34
28
In the current month, HUT has received 27 Buy Ratings, 1 Hold Ratings, and 0 Sell Ratings. HUT average Analyst price target in the past 3 months is 225.31.
Each month's total comprises the sum of three months' worth of ratings.

HUT Financial Forecast

HUT Earnings Forecast

Next quarter’s earnings estimate for HUT is -C$1.15 with a range of -C$2.39 to C$0.76. The previous quarter’s EPS was -C$1.81. HUT beat its EPS estimate ― of the time in the past 12 months, while its overall industry beat the EPS estimate 81.82% of the time in the same period. In the last calendar year HUT has Performed in-line its overall industry.
Next quarter’s earnings estimate for HUT is -C$1.15 with a range of -C$2.39 to C$0.76. The previous quarter’s EPS was -C$1.81. HUT beat its EPS estimate ― of the time in the past 12 months, while its overall industry beat the EPS estimate 81.82% of the time in the same period. In the last calendar year HUT has Performed in-line its overall industry.

HUT Sales Forecast

Next quarter’s sales forecast for HUT is C$106.89M with a range of C$81.26M to C$137.56M. The previous quarter’s sales results were C$106.81M. HUT beat its sales estimates ― of the time in past 12 months, while its overall industry beat sales estimates 93.33% of the time in the same period. In the last calendar year HUT has Performed in-line its overall industry.
Next quarter’s sales forecast for HUT is C$106.89M with a range of C$81.26M to C$137.56M. The previous quarter’s sales results were C$106.81M. HUT beat its sales estimates ― of the time in past 12 months, while its overall industry beat sales estimates 93.33% of the time in the same period. In the last calendar year HUT has Performed in-line its overall industry.

HUT Stock Forecast FAQ

What is TSE:HUT’s average 12-month price target, according to analysts?
Based on analyst ratings, Hut 8’s 12-month average price target is 225.31.
    What is TSE:HUT’s upside potential, based on the analysts’ average price target?
    Hut 8 has 90.54% upside potential, based on the analysts’ average price target.
      Can I see which stocks the top-ranking analysts are rating?
      Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.
        How can I follow the stock ratings of top Wall Street analysts?
        Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice. Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.
          Is TSE:HUT a Buy, Sell or Hold?
          Hut 8 has a consensus rating of Strong Buy which is based on 17 buy ratings, 1 hold ratings and 0 sell ratings.
            What is Hut 8’s price target?
            The average price target for Hut 8 is 225.31. This is based on 18 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
            The highest analyst price target is C$392.00 ,the lowest forecast is C$136.84. The average price target represents 90.54% Increase from the current price of C$118.25.
              What do analysts say about Hut 8?
              Hut 8’s analyst rating consensus is a Strong Buy. This is based on the ratings of 18 Wall Streets Analysts.
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