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S&P 500   3,870.29
DOW   31,391.52
QQQ   318.40
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S&P 500   3,870.29
DOW   31,391.52
QQQ   318.40
pixel
pixel
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S&P 500   3,870.29
DOW   31,391.52
QQQ   318.40
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NASDAQ:CLSK

CleanSpark Stock Forecast, Price & News

$29.20
+0.74 (+2.60 %)
(As of 03/2/2021 12:00 AM ET)
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Today's Range
$27.62
Now: $29.20
$31.39
50-Day Range
$23.93
MA: $29.79
$39.34
52-Week Range
$0.97
Now: $29.20
$42.60
Volume1.80 million shs
Average Volume3.07 million shs
Market Capitalization$707.60 million
P/E RatioN/A
Dividend YieldN/A
Beta5.37
CleanSpark, Inc. provides energy software and control technology solutions worldwide. It offers distributed energy systems that allow customers to design, engineer, communicate, and manage renewable energy generation, storage, and consumption; and microgrids, which comprise generation, energy storage, and smart distribution assets that serve a single or multiple loads connected to the utility grid and separate from the utility grid for commercial, industrial, defense, campus, and residential users. The company's products include mPulse software suite, a modular platform that provides intelligent control of a microgrid; and microgrid value stream optimizer that offers a robust distributed energy and microgrid system modeling solution. It also provides critical power switchgear and hardware solutions, including parallel switchgear, automatic transfer switches, and related control and circuit protective equipment solutions; technology-based consulting services comprising design, marketing/digital content, engineering and SalesForce development, and strategy services; and distributed energy microgrid system design and engineering, and project consulting services. In addition, the company offers open automated demand response (OpenADR) and other middleware communication protocol software solutions, such as Canvas, an OpenADR virtual top node built for testing and managing virtual end nodes; and Plaid, a software solution that allows internet connected products to add load shifting capabilities into APIs. Further, it owns a gasification technology and process for converting waste and organic materials into synthesis gas, which is used as fuel for power plants, motor vehicles, jets, duel-fuel diesel engines, gas turbines, steam boilers, and as feedstock for the generation of di-methyl ether. 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 based in Woods Cross, Utah.
CleanSpark logo

Headlines

CleanSpark, Inc. - Baystreet.ca
March 2, 2021 |  baystreet.ca
See More Headlines

Industry, Sector and Symbol

Industry Electric, gas & sanitary services
Sub-IndustryN/A
Current SymbolNASDAQ:CLSK
CUSIPN/A
CIKN/A
Phone702-941-8047
Employees56
Year FoundedN/A

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$10.03 million
Cash Flow$0.30 per share
Book Value$0.75 per share

Profitability

Net Income$-23,350,000.00
Net Margins-232.79%

Miscellaneous

Market Cap$707.60 million
Next Earnings Date5/11/2021 (Estimated)
OptionableNot Optionable

MarketRank

Overall MarketRank

1.43 out of 5 stars

Business Services Sector

118th out of 442 stocks

Electric, Gas & Sanitary Services Industry

3rd out of 6 stocks

Analyst Opinion: 3.5Community Rank: 3.0Dividend Strength: 0.0Insider Behavior: 0.0Valuation: 0.6 5 -4 -3 -2 -1 -
$29.20
+0.74 (+2.60 %)
(As of 03/2/2021 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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CleanSpark (NASDAQ:CLSK) Frequently Asked Questions

Is CleanSpark a buy right now?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CleanSpark in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" CleanSpark stock.
View analyst ratings for CleanSpark
or view top-rated stocks.

What stocks does MarketBeat like better than CleanSpark?

Wall Street analysts have given CleanSpark a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but CleanSpark wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting CleanSpark?

CleanSpark saw a decline in short interest in February. As of February 12th, there was short interest totaling 950,900 shares, a decline of 32.6% from the January 28th total of 1,410,000 shares. Based on an average daily volume of 3,200,000 shares, the days-to-cover ratio is presently 0.3 days. Approximately 4.5% of the company's stock are sold short.
View CleanSpark's Short Interest
.

When is CleanSpark's next earnings date?

CleanSpark is scheduled to release its next quarterly earnings announcement on Tuesday, May 11th 2021.
View our earnings forecast for CleanSpark
.

How were CleanSpark's earnings last quarter?

CleanSpark, Inc. (NASDAQ:CLSK) issued its earnings results on Tuesday, August, 4th. The company reported ($0.77) earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of ($1.03) by $0.26. The business had revenue of $3.44 million for the quarter, compared to the consensus estimate of $3.73 million. CleanSpark had a negative trailing twelve-month return on equity of 148.79% and a negative net margin of 232.79%.
View CleanSpark's earnings history
.

How has CleanSpark's stock been impacted by COVID-19 (Coronavirus)?

CleanSpark's stock was trading at $1.71 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, CLSK stock has increased by 1,607.6% and is now trading at $29.20.
View which stocks have been most impacted by COVID-19
.

What guidance has CleanSpark issued on next quarter's earnings?

CleanSpark updated its FY 2021 Pre-Market earnings guidance on Friday, February, 12th. The company provided EPS guidance of for the period. The company issued revenue guidance of $30 million, compared to the consensus revenue estimate of $27.84 million.

What price target have analysts set for CLSK?

1 brokers have issued 1-year target prices for CleanSpark's shares. Their forecasts range from $50.00 to $50.00. On average, they anticipate CleanSpark's share price to reach $50.00 in the next year. This suggests a possible upside of 71.2% from the stock's current price.
View analysts' price targets for CleanSpark
or view top-rated stocks among Wall Street analysts.

Who are CleanSpark's key executives?

CleanSpark's management team includes the following people:
  • Mr. S. Matthew Schultz, Exec. Chairman (Age 52, Pay $602k)
  • Mr. Zachary K. Bradford, CEO, Pres & Director (Age 35, Pay $695k)
  • Ms. Lori L. Love CPA, Chief Financial Officer (Age 40, Pay $390k)
  • Ms. Amanda Kabak, Chief Technology Officer (Age 46, Pay $300k)
  • Mr. Amer Tadayon, Chief Revenue Officer (Age 50, Pay $283.33k)
  • Mr. Owen Cadwalader, VP of Operations
  • Ms. Rachel Silverstein, VP of Compliance & Gen. Counsel
  • Mr. Adam Maher, Sr. VP (Age 47)
  • Mr. Greg Gohlinghorst, Member of Board of Advisors

Who are some of CleanSpark's key competitors?

What other stocks do shareholders of CleanSpark own?

Based on aggregate information from My MarketBeat watchlists, some companies that other CleanSpark investors own include Sorrento Therapeutics (SRNE), NIO (NIO), Marvell Technology Group (MRVL), Workhorse Group (WKHS), Alibaba Group (BABA), Bionano Genomics (BNGO), Citius Pharmaceuticals (CTXR), Tesla (TSLA), Advanced Micro Devices (AMD) and The Boeing (BA).

What is CleanSpark's stock symbol?

CleanSpark trades on the NASDAQ under the ticker symbol "CLSK."

Who are CleanSpark's major shareholders?

CleanSpark's stock is owned by a variety of institutional and retail investors. Top institutional investors include FNY Investment Advisers LLC (1.98%), BlackRock Inc. (1.44%), JBF Capital Inc. (1.03%), Morgan Stanley (0.66%), Northern Trust Corp (0.15%) and Virtu Financial LLC (0.13%).

Which major investors are selling CleanSpark stock?

CLSK stock was sold by a variety of institutional investors in the last quarter, including FNY Investment Advisers LLC.

Which major investors are buying CleanSpark stock?

CLSK stock was purchased by a variety of institutional investors in the last quarter, including JBF Capital Inc., BlackRock Inc., Morgan Stanley, Virtu Financial LLC, Citigroup Inc., Wells Fargo & Company MN, ExodusPoint Capital Management LP, and Bank of New York Mellon Corp.

How do I buy shares of CleanSpark?

Shares of CLSK can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is CleanSpark's stock price today?

One share of CLSK stock can currently be purchased for approximately $29.20.

How much money does CleanSpark make?

CleanSpark has a market capitalization of $707.60 million and generates $10.03 million in revenue each year. The company earns $-23,350,000.00 in net income (profit) each year or ($0.52) on an earnings per share basis.

How many employees does CleanSpark have?

CleanSpark employs 56 workers across the globe.

What is CleanSpark's official website?

The official website for CleanSpark is www.cleanspark.com.

Where are CleanSpark's headquarters?

CleanSpark is headquartered at 1185 S. 1800 W. SUITE 3, WOODS CROSS UT, 84087.

How can I contact CleanSpark?

CleanSpark's mailing address is 1185 S. 1800 W. SUITE 3, WOODS CROSS UT, 84087. The company can be reached via phone at 702-941-8047 or via email at [email protected]


This page was last updated on 3/3/2021 by MarketBeat.com Staff

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