Hut 8 Mining Corp (HUT) Stock Forecast, Price Targets and Analysts Predictions - TipRanks.com (2024)

Disclaimer: The TipRanks Smart Score performance is based on backtested results. Backtested performance is not an indicator of future actual results. The results reflect performance of a strategy not historically offered to investors and does not represent returns that any investor actually attained. Backtested results are calculated by the retroactive application of a model constructed on the basis of historical data and based on assumptions integral to the model which may or may not be testable and are subject to losses. General assumptions include: XYZ firm would have been able to purchase the securities recommended by the model and the markets were sufficiently liquid to permit all trading. Changes in these assumptions may have a material impact on the backtested returns presented. Certain assumptions have been made for modeling purposes and are unlikely to be realized. No representations and warranties are made as to the reasonableness of the assumptions. This information is provided for illustrative purposes only. Backtested performance is developed with the benefit of hindsight and has inherent limitations. Specifically, backtested results do not reflect actual trading or the effect of material economic and market factors on the decision-making process. Since trades have not actually been executed, results may have under- or over-compensated for the impact, if any, of certain market factors, such as lack of liquidity, and may not reflect the impact that certain economic or market factors may have had on the decision-making process. Further, backtesting allows the security selection methodology to be adjusted until past returns are maximized. Actual performance may differ significantly from backtested performance. Backtested results are adjusted to reflect the reinvestment of dividends and other income and, except where otherwise indicated, are presented gross-of fees and do not include the effect of backtested transaction costs, management fees, performance fees or expenses, if applicable. Please note all regulatory considerations regarding the presentation of fees must be taken into account. No cash balance or cash flow is included in the calculation.

Hut 8 Mining Corp (HUT) Stock Forecast, Price Targets and Analysts Predictions - TipRanks.com (2024)

FAQs

Hut 8 Mining Corp (HUT) Stock Forecast, Price Targets and Analysts Predictions - TipRanks.com? ›

Hut 8 Stock Forecast

The 5 analysts with 12-month price forecasts for Hut 8 stock have an average target of 16.3, with a low estimate of 13.5 and a high estimate of 22. The average target predicts an increase of 54.06% from the current stock price of 10.58.

What is the price prediction for Hut 8? ›

Hut 8 Stock Forecast

The 5 analysts with 12-month price forecasts for Hut 8 stock have an average target of 16.3, with a low estimate of 13.5 and a high estimate of 22. The average target predicts an increase of 54.06% from the current stock price of 10.58.

What is the future of Hut stock? ›

HUT Stock 12 Month Forecast

Based on 5 Wall Street analysts offering 12 month price targets for Hut 8 Mining Corp in the last 3 months. The average price target is $16.30 with a high forecast of $22.00 and a low forecast of $13.50. The average price target represents a 63.46% change from the last price of $9.97.

Is Hut a buy or sell? ›

Hut 8 Mining Corp's analyst rating consensus is a Strong Buy.

Is Hut 8 undervalued? ›

Valuation metrics show that Hut 8 Corp. may be overvalued. Its Value Score of F indicates it would be a bad pick for value investors.

What is Hut 8 mining stock target? ›

Hut 8 (HUT) Price Targets
Average Price TargetHighest Price TargetUpside to Average Price Target
$16.08$22.0078.67%

What is the price forecast for the Hut group? ›

The average price target is 93.75p with a high forecast of 120.00p and a low forecast of 49.00p. The average price target represents a 38.58% change from the last price of 67.65p.

Is the hut group a good buy? ›

​The Hut Group analyst ratings, price targets and sentiment

Analysts show 3 strong buys, 1 buy, 4 hold, 1 sell and 1 strong sell - with the median of estimates suggesting a long-term price target of 84.00p for the share, roughly 14% lower than the current price (as of 5 September 2023).

Who owns Hut 8 Mining? ›

The ownership structure of Hut 8 Mining Corp (TSE:HUT) stock is a mix of institutional, retail and individual investors. Approximately 35.21% of the company's stock is owned by Institutional Investors, 50.12% is owned by Insiders and 14.67% is owned by Public Companies and Individual Investors.

What is the target price for HMY stock? ›

Stock Price Target
High$29.62
Low$4.99
Average$10.34
Current Price$8.79

How many shares of Hut 8 are there? ›

Hut 8 Mining Corp has 91,078,964 shares outstanding.

Is now stock a buy or sell? ›

ServiceNow 's analyst rating consensus is a Strong Buy. This is based on the ratings of 28 Wall Streets Analysts. How can I buy shares of NOW?

How to invest in Hut 8? ›

How to Buy HUT stock:
  1. Open A Brokerage Account. To start investing, you will need a brokerage account. ...
  2. Make Your Research on Hut 8 Mining Corp. Stock. ...
  3. Determine How Much You Want to Invest and Your Risk Tolerance. ...
  4. Place An Order. ...
  5. Monitor Your Investment Regularly and Set a Stop-loss. ...
  6. Know Potential Risks.

How much debt does Hut 8 have? ›

Total debt on the balance sheet as of June 2024 : $0.36 B

According to Hut 8 Mining's latest financial reports the company's total debt is $0.36 B. A company's total debt is the sum of all current and non-current debts.

What are the best undervalued stocks to buy? ›

Undervalued stocks
S.No.NameCMP Rs.
1.Maha Rashtra Apx166.75
2.Mishtann Foods14.72
3.Vipul Ltd34.66
4.Visco Trade88.27
9 more rows

How much cash does Hut 8 have? ›

Hut 8 Mining Corp Financial Overview
Jun 24Mar 24
Cash, Cash Equivalents and Short-Term InvestmentsC$ 175.48MC$ 11.55M
Total AssetsC$ 1.09BC$ 999.04M
Total DebtC$ 347.50MC$ 116.43M
Net DebtC$ 172.02MC$ 104.88M
14 more rows

What is the price prediction for Leverfi in 2025? ›

LeverFi Price Prediction 2024, 2025, 2026 to 2033
YearMinimum PriceAverage Price
2025$0.00412$0.00492
2026$0.00566$0.00661
2027$0.00740$0.00846
2028$0.00740$0.00846
6 more rows

Will Riot stock go up? ›

Stock Price Forecast

The 11 analysts with 12-month price forecasts for Riot Platforms stock have an average target of 17.05, with a low estimate of 9.50 and a high estimate of 23. The average target predicts an increase of 140.48% from the current stock price of 7.09.

Is Bitf a good stock to buy? ›

Bitfarms's analyst rating consensus is a Strong Buy. This is based on the ratings of 4 Wall Streets Analysts.

What is the price prediction for Meta in 2024? ›

META's Price Target for 2030
YearPrice Target% Change From Current Price
2024$5303.55%
2025$60317.81%
2026$69235.20%
2027$76048.49%
3 more rows
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