Rating Change
Roth Capital analysts initiated coverage on Hut 8 Corp. (NASDAQ:HUT) with a rating of Buy on October 08, 2026.
new coverageNASDAQ:HUT
Roth Capital Initiates Coverage on Hut 8 Corp. (HUT) with Buy
Roth Capital analysts initiated coverage on Hut 8 Corp. (NASDAQ:HUT) with a rating of Buy on October 08, 2026.
At publication ·
What changed
Hut 8 Corp. (NASDAQ:HUT) · new coverage
- Firm
- Roth Capital
- Rating
- Buy
- Price at event
- $79.59
- Market capitalization
- $5.1B
At a glance
Key takeaways
- Roth Capital initiated Buy coverage on Hut 8 Corp. (HUT) on October 8, 2026, with the stock trading at $79.59 and a market cap of $5.1 billion.
Market Context
Hut 8 Corp. operates in the Financial Services sector. The stock currently trades at $79.59 with a market capitalization of $5.1B. The stock has gained 90.7% over the past 52 weeks.
Analyst coverage from Roth Capital provides professional research and price targets that many institutional investors reference when making allocation decisions. The consensus of analyst opinions — along with the range of price targets — helps frame market expectations for Hut 8 Corp.
Analyst ratings and price targets are one input among many for investment decisions. Historical studies show that consensus analyst recommendations have mixed predictive power on their own, but significant changes in consensus — such as multiple upgrades or downgrades in a short period — can be more meaningful signals.
Recent Analyst Activity for Hut 8 Corp.
Among the 10 most recent ratings: 9 Buy, 1 Hold, 0 Sell.
| Date | Firm | Rating | Price Target |
|---|---|---|---|
| Oct 08, 2026 | Roth Capital | Buy | N/A |
| Oct 07, 2026 | Canaccord Genuity | Buy | N/A |
| Sep 23, 2026 | UBS | Buy | N/A |
| Sep 21, 2026 | Rothschild & Co | Neutral | N/A |
| Sep 17, 2026 | Wells Fargo | Overweight | N/A |
Related Tools: Analyst Ratings Dashboard | View HUT Stock Page
Frequently Asked Questions
What does the Buy rating mean for HUT?
A rating of Buy from Roth Capital reflects the analyst's outlook on Hut 8 Corp. (NASDAQ:HUT). Analyst ratings are one factor investors consider alongside earnings, valuation, and sector trends.
Where can I find more analyst ratings?
Browse recent upgrades and downgrades on our Analyst Ratings Dashboard or the HUT forecast page.