| Date | Upside/Downside | Analyst Firm | Price Target Change | Rating Change | Previous / Current Rating |
|---|---|---|---|---|---|
| 08/15/2023 | 25.9% | Canaccord Genuity | $3 → $3.5 | Maintains | Buy |
| 05/15/2023 | 7.91% | Canaccord Genuity | $5 → $3 | Maintains | Buy |
| 05/12/2023 | -42.45% | HC Wainwright & Co. | → $1.6 | Reiterates | Neutral → Neutral |
| 03/13/2023 | 79.86% | Canaccord Genuity | $6 → $5 | Maintains | Buy |
| 03/10/2023 | -42.45% | HC Wainwright & Co. | $2 → $1.6 | Maintains | Neutral |
| 02/08/2023 | 115.83% | Canaccord Genuity | → $6 | Reiterates | → Buy |
| 02/08/2023 | -28.06% | HC Wainwright & Co. | $1.5 → $2 | Maintains | Neutral |
| 12/09/2022 | -46.04% | HC Wainwright & Co. | → $1.5 | Assumes | → Neutral |
| 11/11/2022 | -28.06% | Craig-Hallum | → $2 | Downgrades | Buy → Hold |
| 08/17/2022 | — | DA Davidson | Downgrades | Buy → Neutral | |
| 05/19/2022 | 79.86% | HC Wainwright & Co. | $19 → $5 | Maintains | Buy |
| 05/13/2022 | 115.83% | Canaccord Genuity | $12 → $6 | Maintains | Buy |
| 03/22/2022 | 331.65% | Canaccord Genuity | $20 → $12 | Maintains | Buy |
| 11/12/2021 | 583.45% | HC Wainwright & Co. | $11 → $19 | Maintains | Buy |
| 11/12/2021 | 619.42% | Canaccord Genuity | $12 → $20 | Maintains | Buy |
| 10/15/2021 | 619.42% | DA Davidson | → $20 | Initiates Coverage On | → Buy |
| 09/23/2021 | 331.65% | Canaccord Genuity | → $12 | Initiates Coverage On | → Buy |
| 08/03/2021 | 259.71% | Craig-Hallum | → $10 | Initiates Coverage On | → Buy |
What is the target price for Hut 8 Mining (HUT)?
The latest price target for Hut 8 Mining (NASDAQ: HUT) was reported by Canaccord Genuity on August 15, 2023. The analyst firm set a price target for $3.50 expecting HUT to rise to within 12 months (a possible 25.90% upside). 10 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Hut 8 Mining (HUT)?
The latest analyst rating for Hut 8 Mining (NASDAQ: HUT) was provided by Canaccord Genuity, and Hut 8 Mining maintained their buy rating.
When is the next analyst rating going to be posted or updated for Hut 8 Mining (HUT)?
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Hut 8 Mining, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Hut 8 Mining was filed on August 15, 2023 so you should expect the next rating to be made available sometime around August 15, 2024.
Is the Analyst Rating Hut 8 Mining (HUT) correct?
While ratings are subjective and will change, the latest Hut 8 Mining (HUT) rating was a maintained with a price target of $3.00 to $3.50. The current price Hut 8 Mining (HUT) is trading at is $2.78, which is out of the analyst's predicted range.