Weekly Investment Analysts’ Ratings Changes for Hut 8 (HUT)

Hut 8 (NASDAQ: HUT) recently received a number of ratings updates from brokerages and research firms:

• 10/7/2026 – Hut 8 had its “buy” rating reaffirmed by Canaccord Genuity Group Inc.. They now have a $130.00 price target on the stock.
• 9/23/2026 – Hut 8 is now covered by UBS Group AG. They set a “buy” rating and a $143.00 price target on the stock.
• 9/23/2026 – Hut 8 is now covered by UBS Group AG. They set a “buy” rating and a $143.00 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.
• 9/21/2026 – 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”.

Insider Buying and Selling at Hut 8

In other news, Director Mayo A. Shattuck III sold 20,000 shares of the company’s stock in a transaction that occurred on Thursday, September 24th. The stock was sold at an average price of $100.00, for a total value of $2,000,000.00. Following the completion of the transaction, the director owned 89,408 shares of the company’s stock, valued at $8,940,800. This represents a 18.28% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, CFO Sean Glennan sold 6,445 shares of the firm’s stock in a transaction that occurred on Monday, August 24th. The shares were sold at an average price of $78.76, for a total transaction of $507,608.20. Following the completion of the transaction, the chief financial officer owned 17,978 shares of the company’s stock, valued at approximately $1,415,947.28. This trade represents a 26.39% decrease in their position. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Company insiders own 10.40% of the company’s stock.

Hut 8 Corp. (NASDAQ: HUT) is a North American energy infrastructure and digital asset mining company. Its operations include cryptocurrency mining, with a primary focus on Bitcoin, as well as the development and management of data center infrastructure supported by its energy resources.

The company owns and operates mining and data center facilities in the United States and Canada. In addition to self-mining digital assets, Hut 8 has pursued opportunities in high-performance computing and artificial intelligence infrastructure, using its power capacity, data center sites and related development capabilities to support evolving computing demand.

Hut 8 was originally established as Hut 8 Mining Corp., a Canadian cryptocurrency mining company.