Research Analysts Offer Predictions for Hut 8 Q1 Earnings

Hut 8 Corp. (TSE:HUT) – Investment analysts at HC Wainwright reduced their Q1 2025 earnings estimates for shares of Hut 8 in a research report issued to clients and investors on Tuesday, March 4th. HC Wainwright analyst M. Colonnese now expects that the company will post earnings of ($0.29) per share for the quarter, down from their previous estimate of ($0.18). The consensus estimate for Hut 8’s current full-year earnings is $0.56 per share. HC Wainwright also issued estimates for Hut 8’s Q2 2025 earnings at ($0.17) EPS, Q3 2025 earnings at ($0.13) EPS, Q4 2025 earnings at ($0.13) EPS and FY2025 earnings at ($0.73) EPS.

Other analysts have also issued reports about the stock. Cantor Fitzgerald upgraded shares of Hut 8 to a “strong-buy” rating in a report on Monday, December 9th. Keefe, Bruyette & Woods upgraded shares of Hut 8 to a “moderate buy” rating in a report on Wednesday, January 8th.

Hut 8 Stock Down 10.4 %

Shares of HUT opened at C$19.18 on Thursday. The firm has a market cap of C$1.28 billion, a P/E ratio of 4.69 and a beta of 3.45. Hut 8 has a 12-month low of C$9.15 and a 12-month high of C$45.20. The company’s 50-day moving average price is C$30.15 and its 200 day moving average price is C$26.40. The company has a current ratio of 1.68, a quick ratio of 1.26 and a debt-to-equity ratio of 55.87.

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.