Hut 8 Corp [HUT] stock prices are up 9.95% to $17.13 at the moment. 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 23.33% over the last week, with a monthly amount glided 54.60%, 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 14, 2025, when B. Riley Securities initiated its Buy rating and assigned the stock a price target of $25. Previously, Maxim Group started tracking the stock with Buy rating on May 01, 2025, and set its price target to $20. On April 21, 2025, Northland Capital initiated with a Outperform rating and assigned a price target of $20 on the stock. BTIG Research started tracking the stock assigning a Buy rating and suggested a price target of $18 on April 14, 2025. Rosenblatt initiated its recommendation with a Buy and recommended $23 as its price target on March 07, 2025. In a note dated December 17, 2024, Piper Sandler initiated an Overweight rating and provided a target price of $33 on this stock.
The stock price of Hut 8 Corp [HUT] has been fluctuating between $8.53 and $31.95 over the past year. Currently, Wall Street analysts expect the stock to reach $24.33 within the next 12 months. Hut 8 Corp [NASDAQ: HUT] shares were valued at $17.13 at the most recent close of the market. An investor can expect a potential return of 42.03% based on the average HUT price forecast.
Analyzing the HUT fundamentals
The Hut 8 Corp [NASDAQ:HUT] reported sales of 132.46M for trailing twelve months, representing a drop of -57.84%. 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 15.96 points at the first support level, and at 14.78 for the second support level. However, for the 1st resistance point, the stock is sitting at 17.88, and for the 2nd resistance point, it is at 18.62.
Ratios To Look Out For
It’s worth pointing out that Hut 8 Corp [NASDAQ:HUT]’s Current Ratio is 1.26. Also, the Quick Ratio is 1.26, while the Cash Ratio stands at 1.51. Considering the valuation of this stock, the price to sales ratio is 13.48, the price to book ratio is 1.86.
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.
