BTIG Research slashes price target on Hut 8 Corp [HUT] – find out why.

Hut 8 Corp [NASDAQ: HUT] closed the trading session at $11.43.

The stocks have a year to date performance of -44.22 percent and weekly performance of 3.16 percent. The stock has been moved at -2.47 percent over the last six months. The stock has performed -11.74 percent around the most recent 30 days and changed -52.10 percent over the most recent 3-months.

If compared to the average trading volume of 5.05M shares, HUT reached to a volume of 4666872 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here’s what leading stock market gurus have to say about Hut 8 Corp [HUT]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for HUT shares is $28.17 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on HUT stock is a recommendation set at 1.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

BTIG Research have made an estimate for Hut 8 Corp shares, keeping their opinion on the stock as Buy, with their previous recommendation back on April 14, 2025. While these analysts kept the previous recommendation, Rosenblatt raised their target price to Buy. The new note on the price target was released on March 07, 2025, representing the official price target for Hut 8 Corp stock.

The Average True Range (ATR) for Hut 8 Corp is set at 1.34, with the Price to Sales ratio for HUT stock in the period of the last 12 months amounting to 7.31. The Price to Book ratio for the last quarter was 1.16, with the Price to Cash per share for the same quarter was set at 1.71.

HUT stock trade performance evaluation

Hut 8 Corp [HUT] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 3.16. With this latest performance, HUT shares dropped by -11.74% in over the last four-week period, additionally sinking by -2.47% over the last 6 months – not to mention a rise of 48.06% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for HUT stock in for the last two-week period is set at 40.88, with the RSI for the last a single of trading hit 41.56, and the three-weeks RSI is set at 40.22 for Hut 8 Corp [HUT]. The present Moving Average for the last 50 days of trading for this stock 14.83, while it was recorded at 12.00 for the last single week of trading, and 17.07 for the last 200 days.

Hut 8 Corp [HUT]: An insightful look at the core fundamentals

Hut 8 Corp’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.67 and a Current Ratio set at 1.67.

Earnings per share (EPS) analysis for Hut 8 Corp [HUT] stock

The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for HUT. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Hut 8 Corp go to -28.29%.

Hut 8 Corp [HUT]: Institutional Ownership

There are presently around $61.56%, or 131.27%% of HUT stock, in the hands of institutional investors. The top three institutional holders of HUT stocks are: BLACKROCK INC. with ownership of 6.27 million shares, which is approximately 6.955%. MOORE CAPITAL MANAGEMENT, LP, holding 3.14 million shares of the stock with an approximate value of $$47.05 million in HUT stocks shares; and MOORE CAPITAL MANAGEMENT, LP, currently with $$37.34 million in HUT stock with ownership which is approximately 2.7616%.