In last trading session, Hut 8 Corp (NASDAQ:HUT) saw 4.58 million shares changing hands with its beta currently measuring 4.10. Company’s recent per share price level of $12.90 trading at $0.64 or 5.22% at ring of the bell on the day assigns it a market valuation of $1.34B. That closing price of HUT’s stock is at a discount of -147.67% from its 52-week high price of $31.95 and is indicating a premium of 40.54% from its 52-week low price of $7.67. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 5.58 million shares which gives us an average trading volume of 4.99 million if we extend that period to 3-months.
For Hut 8 Corp (HUT), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.00. Splitting up the data highlights that, out of 12 analysts covering the stock, 1 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 2 suggested the stock as a Hold whereas 9 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -0.57 in the current quarter.
Hut 8 Corp (NASDAQ:HUT) trade information
Upright in the green during last session for gaining 5.22%, in the last five days HUT remained trading in the green while hitting it’s week-highest on Thursday, 04/24/25 when the stock touched $12.90 price level, adding 1.3% to its value on the day. Hut 8 Corp’s shares saw a change of -37.04% in year-to-date performance and have moved 16.43% in past 5-day. Hut 8 Corp (NASDAQ:HUT) showed a performance of -5.56% in past 30-days. Number of shares sold short was 11.46 million shares which calculate 2.63 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 32 to the stock, which implies a rise of 59.69% to its current value. Analysts have been projecting 20 as a low price target for the stock while placing it at a high target of 33. It follows that stock’s current price would drop -55.04% in reaching the projected high whereas dropping to the targeted low would mean a loss of -55.04% for stock’s current value.
Hut 8 Corp (HUT) estimates and forecasts
This year revenue growth is estimated to rise 56.25% from the last financial year’s standing.
8 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 31.84M for the same. And 9 analysts are in estimates of company making revenue of 54.23M in the next quarter. Company posted 51.74M and 35.22M of sales in current and next quarters respectively a year earlier.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 105.42% during past 5 years.
Hut 8 Corp (NASDAQ:HUT)’s Major holders
Insiders are in possession of 52.95% of company’s total shares while institution are holding 61.43 percent of that, with stock having share float percentage of 130.56%. Investors also watch the number of corporate investors in a company very closely, which is 61.43% institutions for Hut 8 Corp that are currently holding shares of the company. BLACKROCK INC. is the top institutional holder at HUT for having 6.27 million shares of worth $94.03 million. And as of 2024-06-30, it was holding 6.955 of the company’s outstanding shares.
The second largest institutional holder is VANGUARD GROUP INC, which was holding about 5.6 million shares on 2024-06-30. The number of shares represents firm’s hold over 6.2121 of outstanding shares, having a total worth of $83.99 million.
On the other hand, VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and iShares Trust-iShares Russell 2000 ETF are the top two Mutual Funds which own company’s shares. As of Dec 31, 2024 , the former fund manager was holding 2.55 shares of worth $32.9 million or 2.73% of the total outstanding shares. The later fund manager was in possession of 2.15 shares on Mar 31, 2025 , making its stake of worth around $27.68 million in the company or a holder of 2.29% of company’s stock.
