CLSK Stock Chart & Stats
$206.95
-$22.35(-8.07%)
At close: 4:00 PM EDT
$206.95
-$22.35(-8.07%)
Day’s Range― - ―
52-Week Range$137.65 - $340.40
Previous CloseN/A
Volume1.92K
Average Volume (3M)8.63K
Market Cap
$37.01B
Enterprise Value$5.48B
Total Cash (Recent Filing)$794.66M
Total Debt (Recent Filing)$1.78B
Price to Earnings (P/E)―
Beta0.83
Next Earnings
Dec 16, 2026EPS Estimate
-6.5Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-3.74
Shares Outstanding256,817,080
10 Day Avg. Volume3,414
30 Day Avg. Volume8,635
Financial Highlights & Ratios
PEG Ratio-0.04
Price to Book (P/B)1.88
Price to Sales (P/S)5.34
P/FCF Ratio-4.00
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$420.61Price Target Upside103.24% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering10
EPS Forecast (FY)-32.27
Revenue Forecast (FY)$11.60B
Bulls Say, Bears Say
Bulls Say
Multi-year Revenue ScalingRevenue expansion from approximately $39M in 2021 to $766M in 2025 shows that CleanSpark has built meaningful operating scale in its core mining business. A larger revenue base can support broader infrastructure utilization and improve the platform’s ability to capture future capacity growth, although recent momentum has moderated.
Conservative Pre-Financing Balance SheetThe most recent balance sheet showed very low reported debt relative to equity and total assets, giving CleanSpark a strong capital base before its latest project financing. That starting position can provide financial flexibility for infrastructure investment and help absorb operating volatility, despite current weak returns.
Long-Term AI Data Center LeaseA fully leased, 20-year Sandersville arrangement could diversify CleanSpark toward contracted data-center revenue and provide materially greater cash-flow visibility than Bitcoin mining alone. The stated annual rent escalators and near-100% projected NOI margins also support the project’s potential to become a durable earnings contributor.
Bears Say
Severe TTM Profitability ReversalThe sharp swing from strong annual profitability to a severe TTM net loss indicates that earnings are currently highly volatile and difficult to underwrite. Persistent losses can weaken internal funding capacity, reduce returns on the capital base, and make future performance more dependent on operational improvement and financing.
Heavy Cash BurnDeeply negative operating and free cash flow show that CleanSpark is not currently funding its operations and expansion internally. Continued cash burn increases the need for external capital, heightens sensitivity to execution and funding conditions, and can limit the company’s ability to pursue growth without additional obligations.
Large Project-Linked Debt CommitmentThe new senior secured notes create substantial fixed interest and repayment obligations tied to completion and performance of the Sandersville project. Because proceeds fund construction and the parent provides a completion guarantee, delays or weaker project cash flows could increase financial strain and execution risk through 2031.
Cleanspark News
CLSK FAQ
What was Cleanspark’s price range in the past 12 months?
Cleanspark lowest stock price was $137.65 and its highest was $340.40 in the past 12 months.
What is Cleanspark’s market cap?
Cleanspark’s market cap is $37.01B.
When is Cleanspark’s upcoming earnings report date?
Cleanspark’s upcoming earnings report date is Dec 16, 2026 which is in 45 days.
How were Cleanspark’s earnings last quarter?
Cleanspark released its earnings results on Aug 06, 2026. The company reported -$16.72 earnings per share for the quarter, missing the consensus estimate of -$8.867 by -$7.853.
Is Cleanspark overvalued?
According to Wall Street analysts Cleanspark’s price is currently Undervalued.
Does Cleanspark pay dividends?
Cleanspark does not currently pay dividends.
What is Cleanspark’s EPS estimate?
Cleanspark’s EPS estimate is -6.5.
How many shares outstanding does Cleanspark have?
Cleanspark has 256,817,080 shares outstanding.
What happened to Cleanspark’s price movement after its last earnings report?
Cleanspark reported an EPS of -$16.72 in its last earnings report, missing expectations of -$8.867. Following the earnings report the stock price went down -4.068%.
Which hedge fund is a major shareholder of Cleanspark?
Currently, no hedge funds are holding shares in MX:CLSK
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Cleanspark Stock Smart Score
Neutral
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
$420.61 (103.24% Upside)
$420.61 (103.24% Upside)
Blogger Sentiment
Bullish
MX:CLSK Sentiment 74%
Sector Average ―
Sector Average ―
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-56.64%
12-Months-Change
Fundamentals
Return on Equity
-75.24%
Trailing 12-Months
Asset Growth
-12.88%
Trailing 12-Months
Learn more about TipRanks Smart Score
Company Description
Cleanspark
CleanSpark, Inc. is a global enterprise specializing in cryptocurrency mining and advanced energy technologies. The company's operations are divided into two primary divisions: Digital Currency Mining and Energy Solutions. Its Digital Currency Mining segment is dedicated to the extraction of bitcoin. The Energy Solutions division offers a comprehensive suite of services, including engineering expertise, software development, bespoke hardware, and solutions for open automated demand response, solar power, and energy storage. These offerings cater to microgrids and decentralized energy systems, serving a diverse client base across military, commercial, and residential sectors. This segment also develops sophisticated platforms that facilitate the creation, deployment, operation, and management of various energy assets. Key products within this portfolio include mPulse and mVoult, which are control systems designed to integrate and optimize diverse energy sources. It also provides Canvas, a middleware platform empowering grid operators and aggregators to oversee demand-side management programs, and Plaid, a similar middleware enabling control and Internet-of-Things companies to engage in such initiatives. Furthermore, mVSO is proprietary software for internal microgrid design and modeling. CleanSpark also possesses innovative gasification energy technologies, including those used to produce feedstock for di-methyl ether. Beyond these core activities, CleanSpark offers technology consulting, encompassing design and software development. It also extends data center facilities, providing rack space, power, and essential equipment, alongside a suite of cloud services like virtual servers, virtual storage, and data backup solutions. Originally established in 1987 as Stratean Inc., the company rebranded as CleanSpark, Inc. in November 2016. Its corporate headquarters are situated in Henderson, Nevada.
CLSK Company Deck
CLSK Earnings Call
Q3 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call conveyed a constructive strategic narrative: CleanSpark is transitioning from a mining-focused company into a digital infrastructure and AI/HPC developer with substantial contracted power (1.8 GW), clear site milestones (Sandersville live + acreage, Sealy and Brazoria approvals), strong liquidity (~$1.2B) and evolving commercial and modular construction capabilities. At the same time, near-term financials remain challenged—revenues fell ~25% QoQ driven by a ~24% drop in average Bitcoin price, the company reported a large GAAP net loss (~$378M) driven by ~ $263M of noncash mark-to-market charges, and adjusted EBITDA remains materially negative. Execution risk (lease signings, build timelines), potential asset impairments during conversion, and market volatility for DAM are notable short-term headwinds. Overall, the strategic positives and balance-sheet strength provide meaningful optionality to execute the AI/HPC transition, but near-term financial results and execution risks persist.View all MX:CLSK earnings summariesCLSK Stock 12 Month Forecast
Average Price Target
$420.61
▲(103.24% Upside)