Is Hut 8 Stock a good buy in 2024, according to Wall Street analysts?
The consensus among 4 Wall Street analysts covering (NASDAQ: HUT) stock is to Buy HUT stock.
Out of 4 analysts, 1 (25%) are recommending HUT as a Strong Buy, 1 (25%) are recommending HUT as a Buy, 1 (25%) are recommending HUT as a Hold, 1 (25%) are recommending HUT as a Sell, and 0 (0%) are recommending HUT as a Strong Sell.
According to 4 Wall Street analysts that have issued a 1 year HUT price target, the average HUT price target is $11.75, with the highest HUT stock price forecast at $14.00 and the lowest HUT stock price forecast at $9.00.
On average, Wall Street analysts predict that Hut 8's share price could reach $11.75 by Apr 5, 2025. The average Hut 8 stock price prediction forecasts a potential upside of 49.11% from the current HUT share price of $7.88.
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