
HUT Stock Forecast & Price Target
HUT Analyst Ratings
Bulls say
Hut 8 Corp demonstrates strong growth potential, with projected 2025 revenues from its Compute segment estimated at $177 million, driven largely by bitcoin self-mining and AI compute operations. The company is expected to enhance its self-mining efficiency, with a projected hash rate increase to 10.3 EH/s and operational improvements that could lower mining production costs significantly. Additionally, the anticipated installation of over 31,000 Bitmain S21+ rigs and the expansion of Digital Infrastructure revenues to $360 million by 2026 highlight Hut 8's favorable positioning within the energy infrastructure and cryptocurrency sectors.
Bears say
Hut 8 Corp's share of Bitcoin network rewards declined to 0.35% from 0.44%, signifying a reduction in its competitive position within the cryptocurrency mining sector. The company reported a decrease in Bitcoin self-mining revenue from $3.6 million in January to $2.0 million, highlighting the impact of lower Bitcoin prices on its financial performance. Furthermore, revenue and adjusted EBITDA estimates for 2025 were revised down by 6.9% and 16.8%, respectively, due to anticipated lower Bitcoin prices and associated risks that could further impair profitability and market share.
This aggregate rating is based on analysts' research of Hut 8 Mining Corp and is not a guaranteed prediction by Public.com or investment advice.
HUT Analyst Forecast & Price Prediction
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