Hut 8 Corp [HUT] stock is trading at $13.40, up 3.88%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The HUT shares have gain 19.75% over the last week, with a monthly amount glided 3.63%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Hut 8 Corp [NASDAQ: HUT] stock has seen the most recent analyst activity on April 21, 2025, when Northland Capital initiated its Outperform rating and assigned the stock a price target of $20. Previously, BTIG Research started tracking the stock with Buy rating on April 14, 2025, and set its price target to $18. On March 07, 2025, Rosenblatt initiated with a Buy rating and assigned a price target of $23 on the stock. Keefe Bruyette started tracking the stock assigning a Outperform rating. Piper Sandler initiated its recommendation with a Overweight and recommended $33 as its price target on December 17, 2024. Cantor Fitzgerald started tracking with a Overweight rating for this stock on December 09, 2024, and assigned it a price target of $35. In a note dated August 14, 2024, H.C. Wainwright upgraded an Buy rating on this stock and boosted its target price from $7.50 to $13.50.
Hut 8 Corp [HUT] stock has fluctuated between $7.67 and $31.95 over the past year. Currently, Wall Street analysts expect the stock to reach $28.33 within the next 12 months. Hut 8 Corp [NASDAQ: HUT] shares were valued at $13.40 at the most recent close of the market. An investor can expect a potential return of 111.42% based on the average HUT price forecast.
Analyzing the HUT fundamentals
Hut 8 Corp [NASDAQ:HUT] reported sales of 162.39M for the trailing twelve months, which represents a drop of -18.53%. Gross Profit Margin for this corporation currently stands at 0.22% with Operating Profit Margin at -0.22%, Pretax Profit Margin comes in at 1.57%, and Net Profit Margin reading is 1.56%. To continue investigating profitability, this company’s Return on Assets is posted at 0.18, Equity is 0.31 and Total Capital is -0.03. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.56.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 12.95 points at the first support level, and at 12.50 for the second support level. However, for the 1st resistance point, the stock is sitting at 13.76, and for the 2nd resistance point, it is at 14.11.
Ratios To Look Out For
For context, Hut 8 Corp’s Current Ratio is 1.67. Also, the Quick Ratio is 1.67, while the Cash Ratio stands at 1.51. Considering the valuation of this stock, the price to sales ratio is 8.57, the price to book ratio is 1.36 and price to earnings (TTM) ratio is 3.92.
Transactions by insiders
Recent insider trading involved Flinn Joseph, Director, that happened on Aug 16 ’24 when 7618.0 shares were sold. Director, Flinn Joseph completed a deal on Aug 16 ’24 to buy 7618.0 shares. Meanwhile, Chief Financial Officer Visram Shenif sold 20239.0 shares on Aug 02 ’24.
