Q1 EPS Estimates for Hut 8 Reduced by Northland Securities

Hut 8 Corp. (TSE:HUT) – Equities research analysts at Northland Securities dropped their Q1 2026 EPS estimates for shares of Hut 8 in a note issued to investors on Wednesday, February 25th. Northland Securities analyst M. Grondahl now forecasts that the company will post earnings of ($0.38) per share for the quarter, down from their previous estimate of ($0.01). The consensus estimate for Hut 8’s current full-year earnings is $0.56 per share. Northland Securities also issued estimates for Hut 8’s Q2 2026 earnings at ($0.29) EPS, Q3 2026 earnings at ($0.25) EPS, Q4 2026 earnings at ($0.19) EPS and FY2026 earnings at ($1.11) EPS.

Other equities research analysts have also recently issued reports about the company. Keefe, Bruyette & Woods upgraded Hut 8 to a “moderate buy” rating in a research note on Tuesday, January 27th. HC Wainwright raised Hut 8 to a “strong-buy” rating in a report on Monday, February 2nd. Eight analysts have rated the stock with a Strong Buy rating and one has given a Buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Strong Buy”.

Hut 8 Stock Performance

TSE HUT opened at C$74.97 on Friday. The firm’s 50 day simple moving average is C$75.49 and its 200 day simple moving average is C$60.42. The firm has a market capitalization of C$8.10 billion, a price-to-earnings ratio of 40.09 and a beta of 4.58. The company has a current ratio of 1.68, a quick ratio of 1.26 and a debt-to-equity ratio of 55.87. Hut 8 has a 1 year low of C$14.28 and a 1 year high of C$89.34.

Key Hut 8 News

Here are the key news stories impacting Hut 8 this week:

• Positive Sentiment: CEO media coverage highlights strategy and operations, supporting investor confidence in management execution. Watch CNBC’s full interview with Hut 8 CEO Asher Genoot
• Neutral Sentiment: Hut 8 says its West Feliciana data center will self-fund water and power upgrades for a large buildout — a sign of growth ambition but also meaningfully higher capex and project risk. Hut 8’s West Feliciana data center to fund its own water and power upgrades
• Neutral Sentiment: Q4 revenue rose to $88.5M, showing top-line momentum, but the company reported a large $401.9M digital-asset loss — mixed financials that complicate near-term profitability outlook. Hut 8 Revenue Jumps to $88.5M in Q4 Despite $401.9M Digital Asset Loss
• Neutral Sentiment: Recent Q4 earnings write-ups provide detail on results and metrics investors will parse for hash rate, unit economics, and impairment drivers. Hut 8: Q4 Earnings Snapshot
• Negative Sentiment: Northland Securities cut its EPS forecasts sharply across Q1–Q4 and now expects FY2026 EPS of ($1.11) (previously +$0.11), reflecting a much weaker earnings outlook; these downgrades increase downside pressure and may drive short-term selling. MarketBeat: Hut 8 analyst estimate updates

Hut 8 Company Profile

Hut 8 Mining Corp is North America’s innovation-focused digital asset miner. Located in energy-rich Alberta, Canada. Hut 8 has one of the highest installed capacity rates in the industry and holds more self-mined bitcoin than any crypto miner or publicly-traded company globally. It is executing on its commitment to mining and holding bitcoin and has a diversified business and revenue strategy to grow and protect shareholder value regardless of bitcoin’s market direction.