Hut 8 (TSE:HUT) Upgraded at HC Wainwright

HC Wainwright upgraded shares of Hut 8 (TSE:HUT) to a strong-buy rating in a report released on Monday morning,Zacks.com reports. HC Wainwright also issued estimates for Hut 8’s Q4 2025 earnings at $0.04 EPS, FY2025 earnings at ($0.71) EPS and FY2026 earnings at ($0.14) EPS.

Separately, Keefe, Bruyette & Woods raised shares of Hut 8 to a “moderate buy” rating in a research note on Tuesday, January 27th. Eight equities research analysts have rated the stock with a Strong Buy rating and one has given a Buy rating to the company. According to data from MarketBeat.com, Hut 8 presently has an average rating of “Strong Buy”.

Hut 8 Stock Performance

Shares of HUT stock opened at C$73.85 on Monday. The firm has a market capitalization of C$7.98 billion, a price-to-earnings ratio of 39.49 and a beta of 4.58. The stock has a fifty day moving average of C$70.57 and a 200 day moving average of C$55.59. Hut 8 has a 52 week low of C$14.28 and a 52 week high of C$89.34. The company has a quick ratio of 1.26, a current ratio of 1.68 and a debt-to-equity ratio of 55.87.

About Hut 8

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.