Cleanspark (CLSK) Expected to Announce Quarterly Earnings on Thursday

Key Points

• Cleanspark (CLSK) is set to release its Q3 2025 earnings on August 8th, with analysts expecting a loss of ($0.03) per share and revenue of $191.33 million.
• In its previous earnings report, Cleanspark missed expectations with a loss of ($0.02) EPS and revenue of $181.71 million, which was below the consensus estimate of $196.43 million.
• Despite recent challenges, a number of analysts maintain a positive outlook, with a consensus target price of $20.69 and multiple "buy" ratings issued for the stock.

Cleanspark (NASDAQ:CLSK - Get Free Report) will likely be announcing its Q3 2025 earnings results before the market opens on Thursday, August 7th. Analysts expect the company to announce earnings of ($0.03) per share and revenue of $191.33 million for the quarter.

Cleanspark (NASDAQ:CLSK - Get Free Report) last posted its earnings results on Thursday, May 8th. The company reported ($0.02) earnings per share for the quarter, missing analysts' consensus estimates of $0.03 by ($0.05). Cleanspark had a negative return on equity of 4.65% and a negative net margin of 35.43%. The firm had revenue of $181.71 million for the quarter, compared to analysts' expectations of $196.43 million. During the same quarter last year, the company posted $0.59 EPS. The firm's revenue was up 62.5% on a year-over-year basis. On average, analysts expect Cleanspark to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Cleanspark Stock Performance

Shares of CLSK traded up $0.15 during mid-day trading on Monday, reaching $10.59. The company had a trading volume of 6,386,763 shares, compared to its average volume of 25,545,107. The firm has a 50-day moving average price of $10.80 and a 200 day moving average price of $9.57. Cleanspark has a 52 week low of $6.45 and a 52 week high of $17.97. The company has a market capitalization of $2.97 billion, a price-to-earnings ratio of -11.03 and a beta of 3.72.

Analyst Ratings Changes

A number of brokerages have recently commented on CLSK. Wall Street Zen raised Cleanspark from a "sell" rating to a "hold" rating in a research report on Saturday. Chardan Capital reissued a "buy" rating and issued a $20.00 price target on shares of Cleanspark in a research report on Tuesday, July 8th. LADENBURG THALM/SH SH assumed coverage on Cleanspark in a research report on Monday, July 28th. They issued a "buy" rating and a $20.25 price target on the stock. B. Riley started coverage on Cleanspark in a research report on Tuesday, July 1st. They issued a "buy" rating and a $16.00 price objective on the stock. Finally, BTIG Research reissued a "buy" rating on shares of Cleanspark in a report on Friday, June 13th. One analyst has rated the stock with a hold rating, nine have given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of "Buy" and a consensus target price of $20.69.

Insider Buying and Selling at Cleanspark

In other news, Director Roger Paul Beynon sold 50,000 shares of the firm's stock in a transaction on Wednesday, May 21st. The stock was sold at an average price of $10.51, for a total value of $525,500.00. Following the transaction, the director directly owned 125,511 shares in the company, valued at $1,319,120.61. This trade represents a 28.49% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. 2.65% of the stock is owned by insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of CLSK. Integrated Wealth Concepts LLC purchased a new stake in shares of Cleanspark during the 1st quarter valued at about $68,000. Caxton Associates LLP purchased a new stake in shares of Cleanspark in the 1st quarter worth $169,000. United Services Automobile Association purchased a new stake in shares of Cleanspark in the 1st quarter worth $125,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake in shares of Cleanspark by 16.8% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 598,994 shares of the company's stock worth $4,025,000 after purchasing an additional 86,229 shares in the last quarter. Finally, Strs Ohio purchased a new stake in shares of Cleanspark in the 1st quarter worth $38,000. 43.12% of the stock is owned by hedge funds and other institutional investors.

About Cleanspark

CleanSpark, Inc operates as a bitcoin miner in the Americas. It owns and operates data centers that primarily run on low-carbon power. Its infrastructure supports Bitcoin, a digital commodity and a tool for financial independence and inclusion. The company was formerly known as Stratean Inc and changed its name to CleanSpark, Inc in November 2016.