Hut 8 Stock Continues To Climb: What's Fueling The Rally?

Benzinga_recent_news00:41

Shares of Hut 8 Corp. (NASDAQ:HUT) are trending Thursday. Multiple analysts adjusted ratings and price targets on the stock. What To Know: Canaccord Genuity and Needham published positive notes about ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2592260183?lang=en_US&edition=fundamental","thumbnail":"https://cdn.benzinga.com/files/images/story/2025/12/18/Rising-Prices-Top-Concern.jpeg?optimize=medium&dpr=2&auto=webp&width=240","is_english":true,"pubTime":"2025-12-19 00:41","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2592260183","market":"sh","top_or_hot":-1,"title":"Hut 8 Stock Continues To Climb: What's Fueling The Rally?","media":"Benzinga_recent_news","content":"<div>\n<p>Shares of Hut 8 Corp. (NASDAQ:HUT) are trending Thursday. Multiple analysts adjusted ratings and price targets on the stock.\nWhat To Know: Canaccord Genuity and Needham published positive notes about ...</p>\n\n<a href=\"https://www.benzinga.com/trading-ideas/movers/25/12/49485126/hut-8-stock-continues-to-climb-whats-fueling-the-rally\">Source Link</a>\n\n</div>\n","source":"benzinga_recent_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Hut 8 Stock Continues To Climb: What's Fueling The Rally?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHut 8 Stock Continues To Climb: What's Fueling The Rally?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2025-12-19 00:41 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/trading-ideas/movers/25/12/49485126/hut-8-stock-continues-to-climb-whats-fueling-the-rally><strong>Benzinga_recent_news</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Shares of Hut 8 Corp. (NASDAQ:HUT) are trending Thursday. Multiple analysts adjusted ratings and price targets on the stock.\nWhat To Know: Canaccord Genuity and Needham published positive notes about ...</p>\n\n<a href=\"https://www.benzinga.com/trading-ideas/movers/25/12/49485126/hut-8-stock-continues-to-climb-whats-fueling-the-rally\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4600","symbol_name":"加密货币概念","start_time":0,"source_url":"https://www.benzinga.com/trading-ideas/movers/25/12/49485126/hut-8-stock-continues-to-climb-whats-fueling-the-rally","article_id":"2592260183","we_media_id":null,"thumbnails":["https://cdn.benzinga.com/files/images/story/2025/12/18/Rising-Prices-Top-Concern.jpeg?optimize=medium&dpr=2&auto=webp&width=240"],"rights":{"source":"benzinga_recent_news","url":"https://www.benzinga.com/trading-ideas/movers/25/12/49485126/hut-8-stock-continues-to-climb-whats-fueling-the-rally","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2592260183","pubTimestamp":1766076060,"columns":[],"sourceInfo":{"source_id":"benzinga_recent_news","name":"Benzinga"},"weMediaInfo":null,"summary":"Shares of Hut 8 Corp. (NASDAQ: HUT) are trending Thursday. Multiple analysts adjusted ratings and price targets on the stock.","collect":0,"end_time":0,"defaultTopTitle":"benzinga.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4600":"加密货币概念","HUT":"Hut 8 Mining Corp","BK4595":"比特币概念","BK4023":"应用软件"},"translate_title":"Hut 8股票继续攀升：是什么推动了上涨？","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"HUT":1},"content_text":"Shares of Hut 8 Corp. (NASDAQ:HUT) are trending Thursday. Multiple analysts adjusted ratings and price targets on the stock.\nWhat To Know: Canaccord Genuity and Needham published positive notes about the Bitcoin miner turned AI infrastructure company on Thursday. \nCanaccord Genuity analyst Joseph Vafi affirmed a buy rating and raised the price target from $54 to $62. Meanwhile, Needham analyst John Todaro affirmed a buy rating and maintained a price target of $60.\nHut 8 announced Wednesday a $7 billion deal to build a data center for AI company Anthropic in Louisiana, leveraging high-performance clusters operated by Fluidstack.\nNeedham’s Todaro said Hut 8 has signed the “most attractive lease yet” for a data center. His optimism stems from the project’s realistic timeline, Google’s reliability as a financial partner and a favorable lease structure. \nCanaccord’s Vafi mentioned in his note that the deal was a “standout outcome” on both pricing and terms since Google is acting as a financial backstop for the project. The company will cover all lease payment obligations in the initial 15-year term, at no cost in equity, warrant or upfront dilution to Hut 8. Completion is targeted for the second quarter of 2027.\nLocal support for the project also boosts the Canaccord analyst’s sentiment on Hut 8. According to Vafi, Louisiana Governor Jeff Landry has expressed support for the project and the more than 300 jobs the project is expected to bring. \nBTIG analyst Gregory Lewis also maintained a buy rating and $55 price target following the news. The widespread positive analyst coverage on Thursday appears to be driving shares higher on continued momentum following the data center deal.\nHUT Price Action: Hut 8 shares were up 6.15%, trading at $42.63 at the time of publication, according to Benzinga Pro.\nRead More:\nImage: Shutterstock.com","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.35.12","shortVersion":"4.35.12","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2592260183","isCrawlerRequest":true}