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)23.51M
Market Cap
$4.10B
Enterprise Value$6.22B
Total Cash (Recent Filing)$260.29M
Total Debt (Recent Filing)$1.79B
Price to Earnings (P/E)―
Beta2.60
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. Volume25,523,229
30 Day Avg. Volume23,513,111
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 Cap1.52
Enterprise Value/Revenue8.41
Enterprise Value/Gross Profit43.72
Enterprise Value/Ebitda30.35
Forecast
1Y Price Target
$20.10Price Target Upside67.92% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering10
EPS Forecast (FY)-3.24
Revenue Forecast (FY)$650.28M
Bulls Say, Bears Say
Bulls Say
Contracted Capacity & PipelineA large contracted base (1.8 GW) plus a >5 GW pipeline provides structural optionality to repurpose capacity into AI/HPC or long‑duration leases. Contracted capacity reduces near-term revenue uncertainty from greenfield builds and supports scalable, repeatable commercialization once leases convert.
Strong Liquidity And BTC HoldingsSubstantial liquid assets and BTC-backed credit provide durable funding optionality to execute site builds and transitions without immediate equity raises. HODL liquidity cushions volatility, underpins capital spending plans, and enables opportunistic financing or asset conversion over the next several quarters.
Improving Operational EfficiencyFalling power costs and planned deployment of more efficient immersion miners reduce energy intensity and operating expense per BTC mined. Sustained improvements in efficiency and uptime translate into structurally better mining margins and higher output per unit of capital over time.
Bears Say
Negative Cash GenerationPersistently negative operating and free cash flow means the business consumes capital to sustain growth, increasing dependence on external financing. Over months this raises execution risk for builds, forces potentially dilutive financings, and constrains the firm's ability to self-fund modular expansion.
Rising LeverageMaterial increase in leverage (debt > equity) reduces financial flexibility and raises servicing risk during BTC or macro declines. Higher fixed obligations can limit capacity to fund capex organically and increase refinancing sensitivity over the medium term, pressuring strategic optionality.
Earnings Volatility From BTC Price & MTMEarnings and reported equity are highly sensitive to BTC price swings and mark-to-market accounting, causing volatile GAAP results and complicating performance signaling. This structural commodity exposure makes forecasting cash flows and securing stable long-term contracts more difficult.
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 $4.10B.
When is Cleanspark, Inc.’s upcoming earnings report date?
Cleanspark, Inc.’s upcoming earnings report date is Aug 11, 2026 which is in 62 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
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10
Analyst Consensus
Strong Buy
Average Price Target:
$20.10 (67.92% Upside)
$20.10 (67.92% 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 ▲ 0.5%
Last 30 Days ▲ 11.4%
Last 30 Days ▲ 11.4%
News Sentiment
Bullish
Bullish news 79%
Bearish news 27%
Bearish news 27%
Technicals
SMA
Positive
20 days / 200 days
Momentum
57.80%
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. 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 CLSK earnings summariesCLSK Stock 12 Month Forecast
Average Price Target
$20.10
▲(67.92% Upside)
Technical Analysis
Ownership Overview
5.78% Insiders
15.87% Mutual Funds
18.51% Other Institutional Investors
28.39% Public Companies and Individual Investors