| Date | Upside/Downside | Analyst Firm | Price Target Change | Rating Change | Previous / Current Rating |
|---|---|---|---|---|---|
| 11/15/2023 | 88.17% | Canaccord Genuity | → $3.5 | Reiterates | Buy → Buy |
| 08/15/2023 | 47.85% | HC Wainwright & Co. | $1.6 → $2.75 | Maintains | Neutral |
| 08/15/2023 | 88.17% | Canaccord Genuity | $3 → $3.5 | Maintains | Buy |
| 05/15/2023 | 61.29% | Canaccord Genuity | $5 → $3 | Maintains | Buy |
| 05/12/2023 | -13.98% | HC Wainwright & Co. | → $1.6 | Reiterates | Neutral → Neutral |
| 03/13/2023 | 168.82% | Canaccord Genuity | $6 → $5 | Maintains | Buy |
| 03/10/2023 | -13.98% | HC Wainwright & Co. | $2 → $1.6 | Maintains | Neutral |
| 02/08/2023 | 222.58% | Canaccord Genuity | → $6 | Reiterates | → Buy |
| 02/08/2023 | 7.53% | HC Wainwright & Co. | $1.5 → $2 | Maintains | Neutral |
| 12/09/2022 | -19.35% | HC Wainwright & Co. | → $1.5 | Assumes | → Neutral |
| 11/11/2022 | 7.53% | Craig-Hallum | → $2 | Downgrades | Buy → Hold |
| 08/17/2022 | — | DA Davidson | Downgrades | Buy → Neutral | |
| 05/19/2022 | 168.82% | HC Wainwright & Co. | $19 → $5 | Maintains | Buy |
| 05/13/2022 | 222.58% | Canaccord Genuity | $12 → $6 | Maintains | Buy |
| 03/22/2022 | 545.16% | Canaccord Genuity | $20 → $12 | Maintains | Buy |
| 11/12/2021 | 975.27% | Canaccord Genuity | $12 → $20 | Maintains | Buy |
| 11/12/2021 | 921.51% | HC Wainwright & Co. | $11 → $19 | Maintains | Buy |
| 10/15/2021 | 975.27% | DA Davidson | → $20 | Initiates Coverage On | → Buy |
| 09/23/2021 | 545.16% | Canaccord Genuity | → $12 | Initiates Coverage On | → Buy |
| 08/03/2021 | 437.63% | 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 November 15, 2023. The analyst firm set a price target for $3.50 expecting HUT to rise to within 12 months (a possible 88.17% 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 reiterated 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 November 15, 2023 so you should expect the next rating to be made available sometime around November 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 reiterated with a price target of $0.00 to $3.50. The current price Hut 8 Mining (HUT) is trading at is $1.86, which is within the analyst's predicted range.