Analysts Maintain Buy Ratings on Hut 8; Rosenblatt Cuts Target to $100
Needham and Clear Street maintained Buy ratings; Clear Street set a $165 price target. Rosenblatt lowered its target to $100 while maintaining Buy.
Following the release of Hut 8's third-quarter 2026 financial results, several analysts updated their outlooks on the company. Needham maintained a 'Buy' rating on the stock. Clear Street also maintained a 'Buy' rating, setting a target price of $165. Conversely, Rosenblatt lowered its price target for Hut 8 to $100 while maintaining a 'Buy' rating.
These adjustments reflect analyst reactions to the company's quarterly performance and updated operational guidance.