
HUT Stock Forecast & Price Target
HUT Analyst Ratings
Bulls say
Hut 8 Corp demonstrates a strong potential for revenue growth driven by its ability to convert its power portfolio into high-performance computing (HPC) colocation agreements, with expectations of generating approximately $1-$1.2 million in adjusted EBITDA per year per megawatt from a potential 1GW of customer infrastructure. The company’s innovative in-house liquid cooling rack design presents a competitive advantage, allowing for flexible and modular capabilities tailored to tenants' specifications, enhancing both capital expenditure efficiency and time to market. This combination of strategic operational capabilities and significant valuation upside underpins a positive long-term outlook for Hut 8's financial performance.
Bears say
The financial outlook for Hut 8 Corp appears negative primarily due to potential challenges associated with contract renewals, which may result in increased power costs and adversely affect the company's economics. Additionally, the growing demand for power, coupled with shortages and long lead times for essential components, might delay data center build timelines and further escalate expenses. Furthermore, the potential loss of key partners or customers poses a significant risk to Hut 8's financial stability, potentially compromising its revenue streams.
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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