Hut 8 Corp [NASDAQ: HUT] stock went on an upward path that rose over 6709320% on Wednesday, amounting to a one-week price increase of more than 2.71%.
Over the last 12 months, HUT stock dropped by -14.84%. The one-year Hut 8 Corp stock forecast points to a potential downside of -25898889.9. The average equity rating for HUT stock is currently 1.00, trading closer to a bullish pattern in the stock market.
The market cap for the stock reached $1.82 billion, with 104.15 million shares outstanding and 92.46 million shares in the current float. Compared to the average trading volume of 6.41M shares, HUT stock reached a trading volume of 6709320 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on 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 $24.75 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.
Roth Capital have made an estimate for Hut 8 Corp shares, keeping their opinion on the stock as Buy, with their previous recommendation back on June 06, 2025. While these analysts kept the previous recommendation, Citizens JMP raised their target price to Mkt Outperform. The new note on the price target was released on May 22, 2025, representing the official price target for Hut 8 Corp stock. Previously, the target price had yet another raise to $25, while B. Riley Securities analysts kept a Buy rating on HUT stock.
The Price to Book ratio for the last quarter was 1.89, with the Price to Cash per share for the same quarter was set at 1.81.
HUT Stock Performance Analysis:
Hut 8 Corp [HUT] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 2.71. With this latest performance, HUT shares gained by 4.80% in over the last four-week period, additionally sinking by -26.68% over the last 6 months – not to mention a drop of -14.84% in the past year of trading.
Insight into Hut 8 Corp Fundamentals:
Operating Margin for any stock indicates how profitable investing would be, and Hut 8 Corp [HUT] shares currently have an operating margin of -51.03% and a Gross Margin at 3.09%. Hut 8 Corp’s Net Margin is presently recorded at -39.86%.
Return on Equity for this stock declined to -4.15%, with Return on Assets sitting at -4.15%.
Hut 8 Corp [HUT] Institutonal Ownership Details
There are presently around $63.07%, or 134.00% 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%. VANGUARD GROUP INC, holding 5.6 million shares of the stock with an approximate value of $$83.99 million in HUT stocks shares; and VANGUARD GROUP INC, currently with $$47.05 million in HUT stock with ownership which is approximately 3.4801%.
