Equities Analysts Issue Forecasts for Hut 8 Q1 Earnings

Hut 8 Corp. (TSE:HUT) – Analysts at HC Wainwright lowered their Q1 2025 EPS estimates for shares of Hut 8 in a research note issued on Tuesday, March 4th. HC Wainwright analyst M. Colonnese now expects that the company will post earnings per share of ($0.29) 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.

A number of other analysts also recently weighed in on the company. Cantor Fitzgerald upgraded Hut 8 to a “strong-buy” rating in a report on Monday, December 9th. Keefe, Bruyette & Woods upgraded Hut 8 to a “moderate buy” rating in a report on Wednesday, January 8th.

Hut 8 Price Performance

Shares of TSE HUT opened at C$21.41 on Thursday. The company has a market capitalization of C$1.42 billion, a PE ratio of 5.24 and a beta of 3.45. The company has a quick ratio of 1.26, a current ratio of 1.68 and a debt-to-equity ratio of 55.87. Hut 8 has a twelve month low of C$9.15 and a twelve month high of C$45.20. The firm has a fifty day simple moving average of C$30.47 and a 200 day simple moving average of C$26.45.

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.