$21.51
3.63% yesterday
Nasdaq, Dec 30, 10:09 pm CET
ISIN
CA44812T1021
Symbol
HUT

Hut 8 Mining Corp Target price 2024 - Analyst rating & recommendation

Hut 8 Mining Corp Classifications & Recommendation:

Buy
100%

Hut 8 Mining Corp Price Target

Target Price $34.44
Price $21.51
Potential
Number of Estimates 9
9 Analysts have issued a price target Hut 8 Mining Corp 2025 . The average Hut 8 Mining Corp target price is $34.44. This is higher than the current stock price. The highest price target is , the lowest is .
A rating was issued by 9 analysts: 9 Analysts recommend Hut 8 Mining Corp to buy, 0 to hold and 0 to sell.
Analysts don't have a crystal ball either, but they do represent the opinion of the market quite well. You should not take the price potential and the ratings as a recommendation to act. Rather, they serve as an additional building block for your own opinion or stock analysis.
Analyst Estimates: Analysts believe that the Hut 8 Mining Corp stock has an average upside potential 2025 of . Most analysts recommend the Hut 8 Mining Corp stock at Purchase.

Sales and Margin forecast 2024, 2025 to 2027

Create a premium account to unlock analyst estimates. Learn more

Quarter Annually
Dec '23 2024
Estimates
Revenue Million $ 60.61 169.59
47.63% 179.81%
EBITDA Margin 1.65% 168.49%
86.98% 10,112.18%
Net Margin 16.97% 96.22%
104.23% 466.97%

9 Analysts have issued a sales forecast Hut 8 Mining Corp 2024 . The average Hut 8 Mining Corp sales estimate is

$170m
Unlock
. This is
0.00% lower
Unlock
than the revenue of the last 12 months(TTM). The highest sales forecast is
$187m 10.32%
Unlock
, the lowest is
$160m 5.48%
Unlock
.

This results in the following potential growth metrics:

Revenue Estimates

2023 $60.6m 47.63%
2024
$170m 179.81%
Unlock
2025
$293m 72.80%
Unlock
2026
$516m 75.92%
Unlock
2027
$537m 4.08%
Unlock

6 Analysts have issued an Hut 8 Mining Corp EBITDA forecast 2024. The average Hut 8 Mining Corp EBITDA estimate is

$286m
Unlock
. This is
2,185.92% higher
Unlock
than the EBITDA of the last 12 months(TTM). The highest EBITDA forecast is
$508m 3,964.00%
Unlock
, the lowest is
$190m 1,418.44%
Unlock
.

This results in the following potential growth metrics and future EBITDA Margins:

EBITDA Estimates

2023 $1.0m 93.18%
2024
$286m 28,474.05%
Unlock
2025
$132m 53.93%
Unlock
2026
$273m 107.65%
Unlock
2027
$371m 35.71%
Unlock

EBITDA Margin

2023 1.65% 86.98%
2024
168.49% 10,112.18%
Unlock
2025
44.92% 73.34%
Unlock
2026
53.03% 18.05%
Unlock
2027
69.14% 30.38%
Unlock

2 Hut 8 Mining Corp Analysts have issued a net profit forecast 2024. The average Hut 8 Mining Corp net profit estimate is

$163m
Unlock
. This is
13.19% lower
Unlock
than the net profit for the last 12 months(TTM). The highest net profit forecast is
$172m 8.46%
Unlock
, the lowest is
$154m 17.91%
Unlock
.

This results in the following potential growth metrics and future Net Margins:

Net Profit Estimates

2023 $10.3m 102.21%
2024
$163m 1,486.32%
Unlock
2025
$6.1m 96.27%
Unlock
2026
$50.5m 730.59%
Unlock

Net Margin

2023 16.97% 104.23%
2024
96.22% 466.97%
Unlock
2025
2.07% 97.85%
Unlock
2026
9.79% 372.95%
Unlock

Earnings per share, P/E ratio and EV/sales Estimates 2024, 2025 to 2027

Create a premium account to unlock analyst estimates. Learn more

Quarter Annually
Dec '23 2024
Estimates
Earnings Per Share $ 0.11 1.75
102.21% 1,490.91%
P/E 12.79
EV/Sales 13.97

2 Analysts have issued a Hut 8 Mining Corp forecast for earnings per share. The average Hut 8 Mining Corp <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS is

$1.75
Unlock
. This is
12.94% lower
Unlock
than earnings per share in the financial year 2023. The highest <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS forecast is
$1.84 8.46%
Unlock
, the lowest is
$1.65 17.91%
Unlock
.

This results in the following potential growth metrics and future valuations:

Earnings Per Share

2023 $0.11 102.21%
2024
$1.75 1,490.91%
Unlock
2025
$0.07 96.00%
Unlock
2026
$0.54 671.43%
Unlock

P/E ratio

Current 11.12 301.08%
2024
12.79 15.02%
Unlock
2025
343.38 2,584.75%
Unlock
2026
41.33 87.96%
Unlock

Based on analysts' sales estimates for 2024, the Hut 8 Mining Corp stock is valued at an <a href=https://blog.stocksguide.com/knowledge/enterprise-value-sales-simply-explained>EV/Sales of

13.97
Unlock
and an <a href=https://blog.stocksguide.com/knowledge/price-sales-ratio-simply-explained>P/S ratio of
12.33
Unlock
.

This results in the following potential growth metrics and future valuations:

EV/Sales

Current 13.97 27.69%
2024
13.97 0.00%
Unlock
2025
8.08 42.13%
Unlock
2026
4.60 43.15%
Unlock
2027
4.42 3.92%
Unlock

P/S ratio

Current 12.33 46.36%
2024
12.33 0.00%
Unlock
2025
7.13 42.13%
Unlock
2026
4.06 43.16%
Unlock
2027
3.90 3.92%
Unlock

Register for Free

StocksGuide is the ultimate tool for easily finding, analyzing and tracking stocks. Learn from successful investors and make informed investment decisions. We empower you to become a confident, independent investor.

The Apple stock at a glance with charts, current key metrics, news and stock analyses.
The Best Dividend Stocks in the Dividend Top Scorer list.
Stock Analyses of the Best Stocks Worldwide.
Start building wealth today