A number of firms have modified their ratings and price targets on shares of Hut 8 (NASDAQ: HUT) recently:
- 9/21/2026 – Hut 8 is now covered by Rothschild & Co Redburn. They set a “neutral” rating and a $96.00 price target on the stock.
- 9/21/2026 – Hut 8 is now covered by Rothschild & Co Redburn. They set a “neutral” rating and a $96.00 price target on the stock.
- 9/17/2026 – Hut 8 is now covered by Wells Fargo & Company. They set an “overweight” rating and a $175.00 price target on the stock.
- 9/17/2026 – Hut 8 is now covered by Wells Fargo & Company. They set an “overweight” rating and a $175.00 price target on the stock.
- 8/19/2026 – Hut 8 was downgraded by Weiss Ratings from “hold (c-)” to “sell (d+)”.
- 8/18/2026 – Hut 8 was upgraded by Freedom Broker to “strong-buy”.
- 8/18/2026 – Hut 8 was upgraded by Freedom Capital to “strong-buy”.
- 8/6/2026 – Hut 8 had its price target raised by Piper Sandler from $127.00 to $143.00. They now have an “overweight” rating on the stock.
- 8/6/2026 – Hut 8 had its price target lowered by Keefe, Bruyette & Woods from $157.00 to $154.00. They now have an “outperform” rating on the stock.
- 8/5/2026 – Hut 8 was upgraded by Maxim Group to “strong-buy”.
- 8/5/2026 – Hut 8 had its price target lowered by Needham & Company LLC from $145.00 to $138.00. They now have a “buy” rating on the stock.
- 8/5/2026 – Hut 8 had its “buy” rating reaffirmed by Rosenblatt Securities. They now have a $124.00 price target on the stock.
- 8/4/2026 – Hut 8 was upgraded by Weiss Ratings from “sell (d-)” to “hold (c-)”.
- 8/3/2026 – Hut 8 had its price target raised by B. Riley Financial, Inc. from $130.00 to $163.00. They now have a “buy” rating on the stock.
- 8/1/2026 – Hut 8 was downgraded by Wall Street Zen from “sell” to “strong sell”.
- 7/28/2026 – Hut 8 had its price target raised by Keefe, Bruyette & Woods from $138.00 to $157.00. They now have an “outperform” rating on the stock.
Insider Buying and Selling at Hut 8
In other news, CFO Sean Glennan sold 6,445 shares of the stock in a transaction that occurred on Monday, August 24th. The shares were sold at an average price of $78.76, for a total value of $507,608.20. Following the completion of the transaction, the chief financial officer directly owned 17,978 shares in the company, valued at $1,415,947.28. This trade represents a 26.39% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Corporate insiders own 10.40% of the company’s stock.
Hut 8 also provides services related to digital asset mining and data center operations, while pursuing opportunities in high-performance computing and artificial intelligence infrastructure. Its business is supported by a portfolio of power and data center sites in the United States and Canada.
The company was formed through the combination of Canadian Bitcoin miner Hut 8 Mining Corp.
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