From Yahoo Finance: 2025-06-07 14:39:00

Hut 8 Corp. (NASDAQ:HUT) saw its share prices rise by 13.79 percent on Friday to close at $18.57 apiece as investors responded positively to an investment firm’s bullish rating on the company. Roth Capital gave a “buy” recommendation with a price target of $25, representing a 34.6 percent upside from its last closing price.

Roth Capital highlighted Hut 8 Corp.’s transformation into a power-focused digital infrastructure platform with significant growth potential. The firm emphasized HUT’s strategic site selection, efficient capex, and scalability. Overall, HUT ranks 4th on the list of Friday’s best-performing stocks, with potential as an investment but other AI stocks may offer higher returns.

Read more: Why Hut 8 Corp. (HUT) Soared On Friday