2029 Earnings Projection
Company: Hut 8
The claim, verbatim
Hut 8 projects US$194.2 million in earnings by 2029
Source (primary)
How Buy Coverage At Hut 8 Stock Has Changed Its Investment Story - simplywall.st (-, news_article)
View cached copy (2026-09-21)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 September 25, 2026. The cited source supports part of this claim, but not all of it.
The source gives a US$194.2 million earnings figure for Hut 8 by 2029, but it comes from Simply Wall St's analyst-based narrative, not from Hut 8. The document does not show the company issuing this projection.
Confirmed in the source:
- A projection of US$194.2 million in earnings for Hut 8
- The projection's horizon is 2029
We could not confirm this from the cited source:
- That Hut 8 itself (the company) made this projection; the source attributes it to Simply Wall St's 'Hut 8 narrative', which is based on analyst forecasts, not company guidance
That does not mean it is false — only that this source does not establish it, as of the date above. If we find a source that settles it, we will re-check and update this page.
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) in full (16,377 characters, retrieved September 21, 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”