Cleanspark (CLSK) Stock Price, News & Analysis

Company Overview

CleanSpark, Inc. (NASDAQ: CLSK) is a leading energy software and services company specializing in advanced microgrid controls and distributed energy resource (DER) management. The firm develops proprietary software platforms designed to optimize power flows across on-grid and off-grid installations, integrating renewable generation, battery storage, and traditional generation assets. CleanSpark’s technology is used by utilities, commercial and industrial enterprises, and remote facilities seeking to enhance energy resilience, reduce operating costs, and achieve sustainability goals.

In addition to its core software offerings, CleanSpark provides end-to-end engineering, procurement and construction (EPC) services. The company designs and deploys turnkey solutions that can include solar arrays, combined heat and power systems, diesel or natural-gas generation, and large-scale battery storage. Its teams handle site assessment, system design, permitting, construction, and commissioning to ensure clients receive a fully integrated microgrid or DER installation tailored to their operational requirements.

Since 2020, CleanSpark has expanded into digital asset infrastructure, leveraging its microgrid expertise to support in-house Bitcoin mining operations. The company designs and operates proprietary “BlockBox DC” modular data centers that house mining equipment within self-contained, climate-controlled units. By combining renewable energy, on-site generation and storage, CleanSpark seeks to minimize electricity costs and carbon intensity for its cryptocurrency activities, with deployments across several U.S. states.

Founded in 2014 and headquartered in Raleigh, North Carolina, CleanSpark is led by Chief Executive Officer Zach Bradford, who brings experience in both energy technology and project development. The company’s leadership team includes veterans from the power and software sectors, and its governance structure is overseen by a board with backgrounds in finance, engineering and renewable energy. CleanSpark continues to pursue growth through strategic partnerships, technology innovation and expansion of its microgrid and data-center footprints.

Key Stats

• Today's Range: $16.23 to $17.47
• 50-Day Range: $9.08 to $15.94
• 52-Week Range: $6.45 to $17.97
• Volume: 36.31 million shs
• Average Volume: 25.64 million shs
• Market Capitalization: $4.90 billion
• P/E Ratio: 20.51
• Dividend Yield: N/A
• Price Target: $20.14
• Consensus Rating: Moderate Buy

Cleanspark Stock Analysis - MarketRank™

Cleanspark scored higher than 77% of companies evaluated by MarketBeat, and ranked 300th out of 920 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.8 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Cleanspark has received a consensus rating of Moderate Buy. The company's average rating score is 2.82, and is based on 9 buy ratings, 2 hold ratings, and no sell ratings.

Upside Potential

Cleanspark has a consensus price target of $20.14, representing about 16.9% upside from its current price of $17.22.

Amount of Analyst Coverage

Cleanspark has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 3.1 / 5
• Proj. Earnings Growth: 51.72%

Earnings Growth

Earnings for Cleanspark are expected to grow by 51.72% in the coming year, from $0.58 to $0.88 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Cleanspark is 20.24, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 234.47.

Price to Earnings Ratio vs. Sector

The P/E ratio of Cleanspark is 20.24, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 30.30.

Price to Book Value per Share Ratio

Cleanspark has a P/B Ratio of 2.65. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

19.78% of the outstanding shares of Cleanspark have been sold short.

Short Interest Ratio / Days to Cover

Cleanspark has a short interest ratio ("days to cover") of 2.2, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Cleanspark has recently increased by 4.71%, indicating that investor sentiment is decreasing.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Cleanspark does not currently pay a dividend.

Dividend Growth

Cleanspark does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

19.78% of the outstanding shares of Cleanspark have been sold short.

Short Interest Ratio / Days to Cover

Cleanspark has a short interest ratio ("days to cover") of 2.2, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Cleanspark has recently increased by 4.71%, indicating that investor sentiment is decreasing.

News and Social Media

• Score: 3.2 / 5
• News Sentiment: 0.75

News Sentiment

Cleanspark has a news sentiment score of 0.75. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Finance companies.

News Coverage This Week

MarketBeat has tracked 14 news articles for Cleanspark this week, compared to 11 articles on an average week.

Search Interest

166 people have searched for CLSK on MarketBeat in the last 30 days. This is an increase of 186% compared to the previous 30 days.

MarketBeat Follows

26 people have added Cleanspark to their MarketBeat watchlist in the last 30 days. This is an increase of 13% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Cleanspark insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $581,063.00 in company stock.

Percentage Held by Insiders

Only 2.65% of the stock of Cleanspark is held by insiders.

Percentage Held by Institutions

43.12% of the stock of Cleanspark is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

CLSK Stock Analysis - Frequently Asked Questions

How have CLSK shares performed this year?

Cleanspark's stock was trading at $9.21 at the start of the year. Since then, CLSK shares have increased by 87.0% and is now trading at $17.2240.

How were Cleanspark's earnings last quarter?

Cleanspark, Inc. (NASDAQ:CLSK) issued its quarterly earnings data on Thursday, August, 7th. The company reported $0.78 earnings per share for the quarter, beating the consensus estimate of $0.07 by $0.71. The business's revenue was up 90.8% on a year-over-year basis.
Read the conference call transcript.

Who are Cleanspark's major shareholders?

Top institutional shareholders of Cleanspark include GAMMA Investing LLC. Insiders that own company stock include Zachary Bradford, S Matthew Schultz, Gary Anthony Vecchiarelli, Larry Mcneill, Scott Eugene Garrison, Amanda Cavaleri, Thomas Leigh Wood, Roger Paul Beynon and Taylor Monnig.
View institutional ownership trends.

How do I buy shares of Cleanspark?

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

What other stocks do shareholders of Cleanspark own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Cleanspark investors own include Zomedica (ZOM), NVIDIA (NVDA), Humana (HUM), American Water Works (AWK), Waste Connections (WCN), AU Optronics (AUOTY) and Voyager Therapeutics (VYGR).

Company Calendar

• Last Earnings: 8/07/2025
• Today: 10/06/2025
• Next Earnings (Estimated): 12/01/2025
• Fiscal Year End: 9/30/2026

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Finance
• Industry: FIN - MISC SVCS
• Sub-Industry: Banking
• Current Symbol: NASDAQ:CLSK
• CIK: 827876
• Web: www.cleanspark.com
• Phone: (702) 941-8047
• Fax: N/A
• Employees: 130
• Year Founded: 1987

Price Target and Rating

• Average Price Target for Cleanspark: $20.14
• High Price Target: $27.00
• Low Price Target: $14.00
• Potential Upside/Downside: +15.5%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.82
• Research Coverage: 11 Analysts

Profitability

• EPS (Trailing Twelve Months): $0.85
• Trailing P/E Ratio: 20.51
• Forward P/E Ratio: 30.05
• P/E Growth: N/A
• Net Income: -$145.78 million
• Net Margins: 47.98%
• Pretax Margin: 51.80%
• Return on Equity: 8.89%
• Return on Assets: 6.62%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 4.37
• Quick Ratio: 4.37

Sales & Book Value

• Annual Sales: $378.97 million
• Price / Sales: 12.93
• Cash Flow: $0.50 per share
• Price / Cash Flow: 34.97
• Book Value: $6.50 per share
• Price / Book: 2.68

Miscellaneous

• Outstanding Shares: 281,080,000
• Free Float: 273,634,000
• Market Cap: $4.90 billion
• Optionable: Optionable
• Beta: 3.88