Hut 8 Corp [HUT] stock prices are up 11.93% to $14.17 at the moment. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The HUT shares have gain 4.89% over the last week, with a monthly amount glided 27.89%, 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 May 01, 2025, when Maxim Group initiated its Buy rating and assigned the stock a price target of $20. Previously, Northland Capital started tracking the stock with Outperform rating on April 21, 2025, and set its price target to $20. On April 14, 2025, BTIG Research initiated with a Buy rating and assigned a price target of $18 on the stock. Rosenblatt started tracking the stock assigning a Buy rating and suggested a price target of $23 on March 07, 2025. Keefe Bruyette initiated its recommendation with a Outperform. Piper Sandler started tracking with a Overweight rating for this stock on December 17, 2024, and assigned it a price target of $33. In a note dated December 09, 2024, Cantor Fitzgerald initiated an Overweight rating and provided a target price of $35 on this stock.
The stock price of Hut 8 Corp [HUT] has been fluctuating between $7.67 and $31.95 over the past year. Currently, Wall Street analysts expect the stock to reach $26.25 within the next 12 months. Hut 8 Corp [NASDAQ: HUT] shares were valued at $14.17 at the most recent close of the market. An investor can expect a potential return of 85.25% based on the average HUT price forecast.
Analyzing the HUT fundamentals
The Hut 8 Corp [NASDAQ:HUT] reported sales of 162.39M for trailing twelve months, representing 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. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.56.
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 13.06 points at the first support level, and at 11.95 for the second support level. However, for the 1st resistance point, the stock is sitting at 15.03, and for the 2nd resistance point, it is at 15.89.
Ratios To Look Out For
It’s worth pointing out that Hut 8 Corp [NASDAQ:HUT]’s Current Ratio is 1.67. As well, the Quick Ratio is 1.67, while the Cash Ratio is 1.51. Considering the valuation of this stock, the price to sales ratio is 9.09, the price to book ratio is 1.44 and price to earnings (TTM) ratio is 4.15.
Transactions by insiders
Recent insider trading involved Semah Victor, Chief Legal Officer, that happened on May 05 ’25 when 11363.0 shares were sold. Officer, Semah Victor completed a deal on May 05 ’25 to buy 11363.0 shares. Meanwhile, Director Flinn Joseph sold 7618.0 shares on Aug 16 ’24.
