Hut 8 (HUT) News Today

Hut 8 Corp. (NASDAQ:HUT) shares are rising as investors weigh a string of bullish analyst moves and strategic cryptocurrency purchases by its Trump-linked subsidiary.

• Positive Sentiment: American Bitcoin Corp., Hut 8’s majority-owned subsidiary, purchased 1,726 BTC between July 1 and Aug. 6, lifting its holdings above $250 million ahead of a planned Nasdaq listing. Trump’s ABTC Makes Major Bitcoin Buy Ahead of Nasdaq Listing
• Positive Sentiment: Bitcoin billionaires Cameron and Tyler Winklevoss invested in American Bitcoin Corp.’s new mining venture, underscoring institutional confidence in the Trump-linked subsidiary. Братья Уинклвоссы инвестируют BTC в майнинговый проект, связанный с Трампом
• Positive Sentiment: Maxim Group boosted its HUT price target from $23.00 to $30.00 and maintained a “buy” rating on the stock. Hut 8 (NASDAQ:HUT) Price Target Raised to $30.00 at Maxim Group
• Positive Sentiment: Analysts at American Banking & Market News set a new price target of $26.12 for HUT, signaling further upside potential. Analysts Set Hut 8 Corp. (NASDAQ:HUT) Price Target at $26.12
• Neutral Sentiment: B. Riley reiterated a “Strong-Buy” rating and forecasted Q1 2027 EPS of ($0.09) while maintaining a full-year loss estimate of ($0.53) per share. Q1 Earnings Estimate for Hut 8 Issued By B. Riley
• Neutral Sentiment: Northland Capmk raised its Q4 2026 EPS forecast for Hut 8 to $0.09 from $0.08 and kept its “Strong-Buy” recommendation in place. Northland Capmk Comments on Hut 8’s Q4 Earnings
• Negative Sentiment: Rosenblatt Securities trimmed its HUT price target from $24.00 to $23.00, though it maintained a “buy” rating. Hut 8 (NASDAQ:HUT) Price Target Lowered to $23.00 at Rosenblatt Securities