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NASDAQ: HUT
Hut 8 Mining Corp Stock Forecast, Predictions & Price Target

OverviewForecast
EarningsDividendOwnership

Analyst price target for HUT

Based on 2 analysts offering 12 month price targets for Hut 8 Mining Corp.
Min Forecast
$1.60-25.93%
Avg Forecast
$2.30+6.48%
Max Forecast
$3.00+38.89%

Should I buy or sell HUT stock?

Based on 2 analysts offering ratings for Hut 8 Mining Corp.
Buy
Strong Buy
1 analysts 50%
Buy
0 analysts 0%
Hold
1 analysts 50%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

Be the first to know when Wall Street analysts revise their HUT stock forecasts and price targets.

HUT stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Canaccord Genuity
Top 24%
77
Strong BuyMaintains$3.00+38.89%2023-05-15
HC Wainwright & Co.
Bottom 28%
28
HoldReiterates$1.60-25.93%2023-05-12

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Forecast return on equity

Is HUT forecast to generate an efficient return?
Company
12.15%
Industry
27.51%
Market
-10.28%
HUT's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is HUT forecast to generate an efficient return on assets?
Company
10.56%
Industry
3.88%
HUT is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

HUT vs Capital Market Stocks

TickerPricePrice TargetUp/downsideConsensus
HUT$2.16$2.30+6.48%Buy
TIGR$3.14$2.45-21.97%Hold
OPY$39.08N/AN/A
ARBK$1.23$1.99+61.63%Buy
CIFR$2.52$3.50+38.89%Strong Buy
View Top Capital Market Stocks

Hut 8 Mining Stock Forecast FAQ

Is Hut 8 Mining Stock a good buy in 2023, according to Wall Street analysts?

The consensus among 2 Wall Street analysts covering (NASDAQ: HUT) stock is to Buy HUT stock.

Out of 2 analysts, 1 (50%) are recommending HUT as a Strong Buy, 0 (0%) are recommending HUT as a Buy, 1 (50%) are recommending HUT as a Hold, 0 (0%) are recommending HUT as a Sell, and 0 (0%) are recommending HUT as a Strong Sell.

If you're new to stock investing, here's how to buy Hut 8 Mining stock.

What is HUT's forecast return on equity (ROE) for 2023-2023?

(NASDAQ: HUT) forecast ROE is 12.15%, which is considered weak.

What is HUT's Price Target?

According to 2 Wall Street analysts that have issued a 1 year HUT price target, the average HUT price target is $2.30, with the highest HUT stock price forecast at $3.00 and the lowest HUT stock price forecast at $1.60.

On average, Wall Street analysts predict that Hut 8 Mining's share price could reach $2.30 by May 15, 2024. The average Hut 8 Mining stock price prediction forecasts a potential upside of 6.48% from the current HUT share price of $2.16.

What is HUT's forecast return on assets (ROA) for 2023-2023?

(NASDAQ: HUT) forecast ROA is 10.56%, which is higher than the forecast US Capital Markets industry average of 3.88%.
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