2029 earnings projection
Company: Hut 8
The claim, verbatim
Projects $194.2 million earnings by 2029
Source (primary)
How Buy Coverage At Hut 8 Stock Has Changed Its Investment Story - simplywall.st (-, news_article)
View cached copy (2026-09-20)Live source ↗
Quote: “Hut 8's narrative projects US$1.7b revenue and US$194.2 million earnings by 2029”
How we checked this
Checked on October 11, 2026. The cited source supports every part of this claim.
The article states that Hut 8's narrative projects US$194.2 million earnings by 2029, up from a current loss of US$599.2 million. The figure is Simply Wall St's analyst-forecast-based narrative, not guidance issued by Hut 8.
Confirmed in the source:
- A projection of US$194.2 million in Hut 8 earnings by 2029 exists, stated as 'Hut 8's narrative projects... US$194.2 million earnings by 2029'
What we did: Read our cached copy of the publisher (https://simplywall.st/stocks/us/software/nasdaq-hut/hut-8/news/how-buy-coverage-at-hut-8-stock-has-changed-its-investment-s/amp) in full (8,196 characters, retrieved September 20, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms How Buy Coverage At Hut 8 Stock Has Changed Its Investment Story - simplywall.st
Quote: “Hut 8's narrative projects US$1.7b revenue and US$194.2 million earnings by 2029”
confirms How Buy Coverage At Hut 8 Stock Has Changed Its Investment Story - simplywall.st
Quote: “Hut 8's narrative projects US$1.7b revenue and US$194.2 million earnings by 2029”