
HUT Stock Forecast & Price Target
HUT Analyst Ratings
Bulls say
Hut 8 Corp is poised for substantial growth, with projected revenues for the Compute segment expected to reach $177 million by 2025, driven by a strong focus on both Bitcoin self-mining and AI compute revenues. The anticipated increase in self-mining hash rate to 10.3 EH/s and significant efficiency improvements from deploying over 31,000 Bitmain S21+ rigs by early 2025 suggest a reduced mining production cost structure, enhancing profitability. Additionally, the Digital Infrastructure segment is expected to experience robust growth, with revenues forecasted to surge from $60 million in 2025 to $360 million in 2026, further solidifying Hut 8's financial outlook.
Bears say
Hut 8 Corp has experienced a significant decline in its share of network rewards, dropping from 0.44% to 0.35%, which highlights a reduced competitive position in Bitcoin mining. The company's Bitcoin self-mining revenue decreased from $3.6 million in January to $2.0 million, reflecting the adverse effects of lower Bitcoin prices on profitability. Additionally, downward revisions of 6.9% and 16.8% to 2025 revenue and adjusted EBITDA estimates, respectively, further underscore the financial pressures stemming from Bitcoin price volatility and diminished market efficiency.
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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