FY2025 Earnings Forecast for Hut 8 Issued By HC Wainwright

Hut 8 Corp. (NASDAQ:HUT) – Stock analysts at HC Wainwright issued their FY2025 earnings estimates for shares of Hut 8 in a research report issued on Monday, February 2nd. HC Wainwright analyst K. Dede anticipates that the company will earn ($0.37) per share for the year. HC Wainwright currently has a “Buy” rating and a $80.00 target price on the stock. The consensus estimate for Hut 8’s current full-year earnings is ($0.53) per share. HC Wainwright also issued estimates for Hut 8’s Q4 2025 earnings at $0.03 EPS and FY2026 earnings at ($0.10) EPS.

Several other brokerages also recently weighed in on HUT. Northland Securities set a $58.00 price target on shares of Hut 8 in a report on Wednesday, November 5th. JMP Securities increased their price objective on shares of Hut 8 from $25.00 to $65.00 and gave the company a “market outperform” rating in a report on Tuesday, October 21st. 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. Cantor Fitzgerald boosted their price target on shares of Hut 8 from $24.00 to $64.00 and gave the stock an “overweight” rating in a research note on Tuesday, November 4th. Finally, Keefe, Bruyette & Woods raised their price objective on Hut 8 from $55.00 to $75.00 and gave the company a “moderate buy” rating in a research report on Tuesday, January 27th. Two research analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of “Buy” and an average price target of $62.35.

Hut 8 Price Performance

Shares of Hut 8 stock opened at $44.48 on Wednesday. The stock’s fifty day moving average is $51.20 and its 200 day moving average is $40.16. Hut 8 has a one year low of $10.04 and a one year high of $66.07. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.72 and a current ratio of 0.72. The stock has a market cap of $4.81 billion, a P/E ratio of -114.05 and a beta of 4.42.

Hut 8 (NASDAQ:HUT) last posted its quarterly earnings data on Tuesday, November 4th. The company reported ($0.07) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.16) by $0.09. Hut 8 had a net margin of 115.39% and a return on equity of 8.06%. The company had revenue of $80.72 million for the quarter, compared to the consensus estimate of $64.70 million.

Institutional Investors Weigh In On Hut 8

Several large investors have recently added to or reduced their stakes in the stock. Nisa Investment Advisors LLC boosted its holdings in shares of Hut 8 by 116.4% in the 2nd quarter. Nisa Investment Advisors LLC now owns 1,515 shares of the company’s stock worth $28,000 after purchasing an additional 815 shares during the period. Advisors Asset Management Inc. lifted its position in Hut 8 by 68.4% in the second quarter. Advisors Asset Management Inc. now owns 1,613 shares of the company’s stock worth $30,000 after buying an additional 655 shares during the last quarter. GAMMA Investing LLC purchased a new position in Hut 8 during the fourth quarter worth $30,000. Russell Investments Group Ltd. boosted its stake in Hut 8 by 235.8% during the second quarter. Russell Investments Group Ltd. now owns 2,448 shares of the company’s stock worth $46,000 after buying an additional 1,719 shares during the period. Finally, Activest Wealth Management bought a new position in Hut 8 during the fourth quarter valued at $49,000. 31.75% of the stock is owned by institutional investors.

Key Hut 8 News

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

• Positive Sentiment: HC Wainwright initiated coverage with a “Buy” and an $80 price target, forecasting Q4 2025 EPS of $0.03 and improved FY outlooks that suggest analysts see meaningful upside if the pivot executes. Article Title
• Positive Sentiment: Hut 8 has secured a long-term, large-scale AI hosting deal (reported as a 15‑year, ~$7B lease at the River Bend campus backed by Google/Fluidstack). That contract materially validates the company’s transition from mining to utility-like infrastructure revenue, which supports higher, predictable cash flows over time.
• Neutral Sentiment: Hut 8 completed the spin‑off of its pure‑play mining business (American Bitcoin, ABTC), which clarifies the investment story by separating volatile crypto exposure from the infrastructure/hosting parent. This makes valuation comparisons cleaner but may change cash-flow profiles between the two entities.
• Neutral Sentiment: Consensus estimates remain mixed: HC Wainwright’s forecasts imply improvement, but aggregate full‑year consensus still projects a negative EPS for the current year, keeping some uncertainty about near‑term profitability.
• Negative Sentiment: Reports say Hut 8 is marketing/putting power plants on the block as it refocuses on AI data centers — a potential sign of asset sales to raise capital or shrink legacy operations, which can spook investors worried about balance‑sheet dilution or reduced vertical control. Article Title
• Negative Sentiment: Sector execution risk and heavy CAPEX: converting mining sites to AI‑grade data centers requires large upfront spending, complex logistics (power, cooling, GPU deployment) and multi-year timelines — any delays or cost overruns could pressure results and sentiment in the near term.

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.