CLSK Stock Chart & Stats
$254.65
-$22.35(-8.07%)
At close: 4:00 PM EDT
$254.65
-$22.35(-8.07%)
Day’s Range― - ―
52-Week Range$145.80 - $433.33
Previous CloseN/A
Volume1.92K
Average Volume (3M)2.00K
Market Cap
$60.33B
Enterprise Value$3.81K
Total Cash (Recent Filing)$934.73M
Total Debt (Recent Filing)$1.79B
Price to Earnings (P/E)―
Beta1.59
Next Earnings
Aug 11, 2026EPS Estimate
-8.3Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-1.95
Shares Outstanding256,608,600
10 Day Avg. Volume1,459
30 Day Avg. Volume1,995
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
$406.33Price Target Upside59.57% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering11
EPS Forecast (FY)-56.77
Revenue Forecast (FY)$11.03B
Bulls Say, Bears Say
Bulls Say
Transformational Long-term LeaseA 20-year triple-net lease with a high-credit tenant creates durable, contracted cash flow and commercial validation for CleanSpark’s data-center pivot. This materially de-risks conversion economics, supports financing and investor confidence, and underpins long-term revenue visibility once deliveries commence.
Large Contracted Capacity And PipelineHaving 1.8 GW contracted and a >5 GW pipeline provides structural optionality to scale AI/HPC deployments. Contracted capacity gives multi-year revenue runway and lets the company focus capital deployment efficiently; the pipeline supports repeatable growth and strategic market positioning in digital infrastructure.
Strong Liquidity And Bitcoin-backed OptionalitySubstantial liquidity and BTC holdings provide durable financial optionality to fund site builds, bridge operating losses, and access low-cost, Bitcoin-backed financing. This balance-sheet flexibility reduces near-term refinancing risk and supports execution of longer-duration projects without immediate equity dilution.
Bears Say
Elevated LeverageMaterially higher leverage lowers financial flexibility and increases fixed obligations, making the company more sensitive to BTC price swings and revenue shortfalls. Higher debt relative to equity constrains optionality for opportunistic investments and raises refinancing and covenant risks over the medium term.
Persistent Negative Cash FlowSustained negative operating and free cash flow indicates the business consumes cash to operate and expand, increasing dependence on external financing. Over months, persistent cash burn can force asset sales, dilution, or higher-cost debt, impairing the firm’s ability to fund modular builds and commercial rollouts independently.
Execution And Asset-conversion RiskConverting mining assets to AI/HPC use carries risk of impairments, redeployment costs and long build timelines (14–18 months post-lease). Tenant negotiations and construction bottlenecks could delay monetization, compress expected margins, and impair returns on capital, stressing medium-term strategic outcomes.
Cleanspark News
CLSK FAQ
What was Cleanspark, Inc.’s price range in the past 12 months?
Cleanspark, Inc. lowest stock price was $145.80 and its highest was $433.33 in the past 12 months.
What is Cleanspark, Inc.’s market cap?
Cleanspark, Inc.’s market cap is $60.33B.
When is Cleanspark, Inc.’s upcoming earnings report date?
Cleanspark, Inc.’s upcoming earnings report date is Aug 11, 2026 which is in 12 days.
How were Cleanspark, Inc.’s earnings last quarter?
Cleanspark, Inc. released its earnings results on May 11, 2026. The company reported -$26.509 earnings per share for the quarter, missing the consensus estimate of -$9.819 by -$16.691.
Is Cleanspark, Inc. overvalued?
According to Wall Street analysts Cleanspark, Inc.’s price is currently Undervalued.
Does Cleanspark, Inc. pay dividends?
Cleanspark, Inc. does not currently pay dividends.
What is Cleanspark, Inc.’s EPS estimate?
Cleanspark, Inc.’s EPS estimate is -8.3.
How many shares outstanding does Cleanspark, Inc. have?
Cleanspark, Inc. has 256,608,600 shares outstanding.
What happened to Cleanspark, Inc.’s price movement after its last earnings report?
Cleanspark, Inc. reported an EPS of -$26.509 in its last earnings report, missing expectations of -$9.819. Following the earnings report the stock price went down -5.574%.
Which hedge fund is a major shareholder of Cleanspark, Inc.?
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
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
$406.33 (59.57% Upside)
$406.33 (59.57% Upside)
Blogger Sentiment
Bullish
MX:CLSK Sentiment 93%
Sector Average 58%
Sector Average 58%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
18.65%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
9.65%
Trailing 12-Months
Company Description
Cleanspark, Inc.
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
Q2 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
$406.33
▲(59.57% Upside)