Currently, there are 104.15M common shares owned by the public and among those 92.46M shares have been available to trade.
The company’s stock has a 5-day price change of 15.38% and 55.98% over the past three months. HUT shares are trading -9.57% year to date (YTD), with the 12-month market performance up to 76.98% higher. It has a 12-month low price of $8.73 and touched a high of $31.95 over the same period. HUT has an average intraday trading volume of 6.18 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 11.37%, 30.91%, and 8.70% respectively.
Institutional ownership of Hut 8 Corp (NASDAQ: HUT) shares accounts for 59.86% of the company’s 104.15M shares outstanding.
It has a market capitalization of $1.93B and a beta (3y monthly) value of 3.96. The earnings-per-share (ttm) stands at -$0.56. Price movements for the stock have been influenced by the stock’s volatility, which stands at 7.43% over the week and 5.06% over the month.
Analysts forecast that Hut 8 Corp (HUT) will achieve an EPS of -0.16 for the current quarter, -0.1 for the next quarter and -0.12 for current fiscal year. The lowest estimate earnings-per-share for the quarter is -0.26 while analysts give the company a high EPS estimate of -0.26. Comparatively, EPS for the current quarter was -0.9 a year ago. Earnings per share for the fiscal year are expected to decrease by -144.55%, and 94.74% over the next financial year.
Looking at the support for the HUT, a number of firms have released research notes about the stock. Roth Capital stated their Buy rating for the stock in a research note on June 06, 2025, with the firm’s price target at $25. Citizens JMP coverage for the Hut 8 Corp (HUT) stock in a research note released on May 22, 2025 offered a Mkt Outperform rating with a price target of $25. B. Riley Securities was of a view on May 14, 2025 that the stock is Buy, while Maxim Group gave the stock Buy rating on May 01, 2025, issuing a price target of $20. Northland Capital on their part issued Outperform rating on April 21, 2025.
