Hut 8 Mining Corp is set to report its earnings on August 4, 2026, and investors are eager to see if the company can outperform expectations once more.
As Hut 8 Mining Corp (HUT.TO) prepares to release its earnings report for the fiscal period ending June 30, 2026, all eyes will be on the anticipated earnings per share (EPS) figure of -0.45. With two beats in the last four quarters, many investors are wondering if the company can keep up its trend of exceeding expectations. The report is scheduled for August 4, 2026, before the market opens, giving a fresh look at the company's financial health in a rapidly changing sector.
Recent earnings trend
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Hut 8 Mining Corp
HUT.TO
HUT.TO
Hut 8 Mining Corp
WealthAwesomeMarket cap
$17.00B
52W high
$194.28
52W low
$25.68
1W change
-2.71%
Beta
6.07
Analyst Price Targets
Based on analyst covering HUT
Wall Street analysts forecast HUT stock price to fall 90.2% over the next 12 months.
Consensus
BearishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$14.79
-90.2% Upside
Current Price
C$151.00
Last close
Analyst ratings and price targets are updated periodically. Not financial advice.
Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on HUT's historical volatility
30-Day Vol
117.5%
Annualized
90-Day Vol
108.6%
Annualized
Trend (90d)
+6.7%
Annualized drift
90d Mean
C$154.66
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$152.21 | C$101.48 – C$228.29 |
| 60 trading days | C$153.43 | C$86.49 – C$272.19 |
| 90 trading days | C$154.66 | C$76.64 – C$312.09 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
Analyst coverage: 1 analyst(s) cover this name; upcoming EPS consensus is available.
Beat estimates in 2 of the last 4 comparable quarter(s).
| Fiscal period | Report date | Actual EPS | Estimate | Surprise |
|---|---|---|---|---|
| 2026-06-30 | 2026-08-04 | — | -0.4500 | — |
| 2025-06-30 | 2025-08-07 | 1.6264 | -0.1400 | +1261.7% |
| 2025-03-31 | 2025-05-08 | -1.0900 | 0.1000 | -1190.0% |
| 2024-12-31 | 2025-03-03 | 2.1400 | — | — |
| 2024-09-30 | 2024-11-13 | 0.0100 | -0.2800 | +103.6% |
| 2024-06-30 | 2024-08-13 | -0.9700 | -0.0200 | -4750.0% |
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Investor takeaway: Investors should be cautious yet optimistic as Hut 8 Mining Corp approaches its earnings release. The company's history of beating estimates may offer some reassurance, but the significant decline in expected EPS year-over-year raises concerns about its profitability.
EPS Estimate: -0.45
The consensus EPS estimate of -0.45 reflects a staggering 114.9% decline compared to the same quarter last year, highlighting the challenges ahead for Hut 8.
Bull case
The bullish scenario depends on Hut 8's ability to make the most of its recent strategic moves, including a 15-year lease for a substantial data center capacity. If the company can boost revenue from its operations and show resilience in a tough market, it might surprise analysts with a better-than-expected EPS figure.
Bear case
On the other hand, the bearish outlook is supported by the stark contrast in EPS expectations compared to the previous year, when Hut 8 reported an EPS of 2.35. If the company fails to meet the consensus estimate of -0.45, it could further shake investor confidence, especially given its ongoing struggles with profitability.
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