Brokers Offer Predictions for Hut 8's Q1 Earnings (TSE:HUT)

Hut 8 Corp. (TSE:HUT - Free Report) - Northland Capmk issued their Q1 2025 earnings estimates for shares of Hut 8 in a research report issued to clients and investors on Monday, April 21st. Northland Capmk analyst M. Grondahl forecasts that the company will earn ($0.06) per share for the quarter. Northland Capmk has a "Strong-Buy" rating on the stock. The consensus estimate for Hut 8's current full-year earnings is $0.56 per share. Northland Capmk also issued estimates for Hut 8's Q2 2025 earnings at ($0.07) EPS, Q3 2025 earnings at ($0.06) EPS, Q4 2025 earnings at ($0.03) EPS, FY2025 earnings at ($0.21) EPS, Q1 2026 earnings at $0.00 EPS, Q2 2026 earnings at $0.04 EPS, Q3 2026 earnings at $0.08 EPS, Q4 2026 earnings at $0.11 EPS and FY2026 earnings at $0.23 EPS.

A number of other brokerages have also recently commented on HUT. BTIG Research raised shares of Hut 8 to a "strong-buy" rating in a research report on Monday, April 14th. Rosenblatt Securities raised Hut 8 to a "strong-buy" rating in a research note on Friday, March 7th. Finally, Keefe, Bruyette & Woods raised Hut 8 to a "moderate buy" rating in a research note on Wednesday, January 8th. Six research analysts have rated the stock with a strong buy rating, According to MarketBeat.com, the company currently has an average rating of "Strong Buy".

Hut 8 Trading Up 4.0 %

Shares of TSE:HUT traded up C$0.71 during trading on Thursday, reaching C$18.58. The stock had a trading volume of 1,355,251 shares, compared to its average volume of 1,500,297. Hut 8 has a 52 week low of C$10.53 and a 52 week high of C$45.20. The company has a debt-to-equity ratio of 55.87, a quick ratio of 1.26 and a current ratio of 1.68. The firm's fifty day moving average is C$18.57 and its 200 day moving average is C$26.88. The stock has a market cap of C$1.24 billion, a price-to-earnings ratio of 4.55 and a beta of 3.45.

Hut 8 Company Profile

Hut 8 Mining Corp is North America's innovation-focused digital asset miner. Located in energy-rich Alberta, Canada. Hut 8 has one of the highest installed capacity rates in the industry and holds more self-mined bitcoin than any crypto miner or publicly-traded company globally. It is executing on its commitment to mining and holding bitcoin and has a diversified business and revenue strategy to grow and protect shareholder value regardless of bitcoin's market direction.