Cleanspark, Inc. (CLSK)
NASDAQ:CLSK
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CLSK Stock Chart & Stats
$11.97
-$0.76(-7.10%)
At close: 4:00 PM EST
$11.97
-$0.76(-7.10%)
Day’s Range― - ―
52-Week Range$8.00 - $23.61
Previous CloseN/A
Volume7.91M
Average Volume (3M)22.55M
Market Cap
$4.51B
Enterprise Value$6.22B
Total Cash (Recent Filing)$260.29M
Total Debt (Recent Filing)$1.79B
Price to Earnings (P/E)―
Beta2.55
Next Earnings
Aug 11, 2026EPS Estimate
-0.33Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-1.95
Shares Outstanding256,608,600
10 Day Avg. Volume26,805,465
30 Day Avg. Volume22,553,055
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 Cap1.38
Enterprise Value/Revenue8.41
Enterprise Value/Gross Profit43.72
Enterprise Value/Ebitda30.35
Forecast
1Y Price Target
$19.33Price Target Upside61.51% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering9
EPS Forecast (FY)-3.27
Revenue Forecast (FY)$645.49M
Bulls Say, Bears Say
Bulls Say
Contracted Capacity & PipelineA large contracted base (1.8 GW) plus a >5 GW pipeline provides durable optionality to pivot from pure mining to longer‑term data center and AI/HPC leasing revenue. Contracted power reduces revenue cyclicality tied to BTC price and supports multi-year capacity monetization and scale advantages.
Strong Liquidity And BTC-backed OptionalitySubstantial on‑balance liquidity and large BTC holdings, plus $400M available Bitcoin‑backed credit capacity, give the company runway to fund site builds, absorb mining volatility, and pursue strategic conversions without immediate equity raises, supporting medium‑term execution optionality.
Operational Resilience & Energy Efficiency GainsStable quarterly production and improving power costs indicate operational uptime and margin durability. Adoption of immersion and more efficient miners reduces energy per hash, lowering long‑run unit costs and improving the competitiveness of mining cashflows across commodity cycles.
Bears Say
Elevated LeverageMaterial rise in leverage to above parity increases interest, refinancing and covenant risk, and reduces balance‑sheet flexibility. For a capital‑intensive buildout into AI/HPC, higher debt amplifies downside in lower BTC or delayed lease scenarios and constrains strategic optionality.
Negative Cash GenerationPersistent negative operating and free cash flow means the business consumes capital rather than self‑funding growth. This reliance on external financing raises execution risk for multi‑year builds, increases dilution or leverage risk, and pressures liquidity if BTC monetization falters.
Volatile Earnings And Sustained LossesSharp swings from prior profitability to large GAAP losses and materially negative adjusted EBITDA highlight earnings volatility tied to BTC prices, mark‑to‑market swings and operational leverage. This undermines predictable cashflows and heightens impairment and financing risk during conversion efforts.
Cleanspark News
CLSK FAQ
What was Cleanspark, Inc.’s price range in the past 12 months?
Cleanspark, Inc. lowest stock price was $8.00 and its highest was $23.61 in the past 12 months.
What is Cleanspark, Inc.’s market cap?
Cleanspark, Inc.’s market cap is $4.51B.
When is Cleanspark, Inc.’s upcoming earnings report date?
Cleanspark, Inc.’s upcoming earnings report date is Aug 11, 2026 which is in 68 days.
How were Cleanspark, Inc.’s earnings last quarter?
Cleanspark, Inc. released its earnings results on May 11, 2026. The company reported -$1.52 earnings per share for the quarter, missing the consensus estimate of -$0.563 by -$0.957.
Is Cleanspark, Inc. overvalued?
According to Wall Street analysts Cleanspark, Inc.’s price is currently Undervalued.
Does Cleanspark, Inc. pay dividends?
Cleanspark, Inc. pays a Notavailable dividend of $0.12 which represents an annual dividend yield of N/A. See more information on Cleanspark, Inc. dividends here
What is Cleanspark, Inc.’s EPS estimate?
Cleanspark, Inc.’s EPS estimate is -0.33.
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 -$1.52 in its last earnings report, missing expectations of -$0.563. Following the earnings report the stock price went down -5.804%.
Which hedge fund is a major shareholder of Cleanspark, Inc.?
Currently, no hedge funds are holding shares in 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
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5
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7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
$19.33 (61.51% Upside)
$19.33 (61.51% Upside)
Blogger Sentiment
Bullish
CLSK Sentiment 70%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Increased
By 10.2M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Positive
Last 7 Days ▲ 3.2%
Last 30 Days ▲ 9.5%
Last 30 Days ▲ 9.5%
News Sentiment
Neutral
Bullish news 59%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
91.20%
12-Months-Change
Fundamentals
Return on Equity
-29.93%
Trailing 12-Months
Asset Growth
9.65%
Trailing 12-Months
Company Description
Cleanspark, Inc.
CleanSpark, Inc. provides bitcoin mining and energy technology solutions worldwide. It operates in two segments, Digital Currency Mining and Energy. The Digital Currency Mining segment engages in mining of bitcoin. The energy segment provides engineering, design and software, custom hardware, open automated demand response, solar, and energy storage solutions for microgrids and distributed energy systems to military, commercial, and residential customers; and develops platforms that enables designing, building, operating, and managing of energy assets. This segment also offers microgrid energy modeling, energy market communications, and energy management solutions comprising mPulse and mVoult, which are control platforms that enables integration and optimization of multiple energy sources; Canvas, a middleware for grid operators and aggregators to administrate load shifting programs; Plaid, a middleware for controls and Internet-of-Things products companies to participate in load shifting programs; and mVSO, an energy modeling software for internal microgrid design, as well as owns gasification energy technologies for various applications, such as feedstock for the generation of di-methyl ether. In addition, it provides design, software development, and other technology-based consulting services; data center services, including rack space, power, and equipment; and various cloud services, such as virtual, virtual storage, and data backup services. The company was formerly known as Stratean Inc. and changed its name to CleanSpark, Inc. in November 2016. CleanSpark, Inc. was incorporated in 1987 and is headquartered 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 CLSK earnings summariesCLSK Stock 12 Month Forecast
Average Price Target
$19.33
▲(61.51% Upside)
Technical Analysis
Ownership Overview
5.78% Insiders
15.87% Mutual Funds
18.51% Other Institutional Investors
27.99% Public Companies and Individual Investors