NASDAQ:CLSK

CleanSpark (CLSK) Stock Price, News & Analysis

$15.57
-1.02 (-6.15%)
(As of 05/10/2024 ET)
Today's Range
$15.55
$18.08
50-Day Range
$14.48
$23.40
52-Week Range
$3.38
$24.72
Volume
34.29 million shs
Average Volume
29.21 million shs
Market Capitalization
$3.08 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$19.22

CleanSpark MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.83 Rating Score
Upside/​Downside
23.4% Upside
$19.22 Price Target
Short Interest
Bearish
17.22% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.42mentions of CleanSpark in the last 14 days
Based on 32 Articles This Week
Insider Trading
Selling Shares
$24.96 M Sold Last Quarter
Proj. Earnings Growth
Growing
From ($0.30) to $1.75 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.74 out of 5 stars

Finance Sector

697th out of 881 stocks

Nondepository Credit Institutions Industry

39th out of 50 stocks

CLSK stock logo

About CleanSpark Stock (NASDAQ:CLSK)

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. CleanSpark, Inc. was incorporated in 1987 and is headquartered in Henderson, Nevada.

CLSK Stock Price History

CLSK Stock News Headlines

Checking in with 5 Bitcoin Stocks Ahead of Bitcoin's Halving (CLSK)
The crypto market has experienced a significant pullback, with Bitcoin's price dropping 10% over five days and 3.5% in the last month, ahead of its halving.
CleanSpark (NASDAQ:CLSK) Shares Gap Up to $16.59
The Crypto 9-5 Escape Plan
A brand-new guide from the host of one of the world's largest cryptocurrency podcasts lays out an action plan that could help you retire quickly and comfortably in today's crypto market.
Expert Ratings For Cleanspark
The Crypto 9-5 Escape Plan
A brand-new guide from the host of one of the world's largest cryptocurrency podcasts lays out an action plan that could help you retire quickly and comfortably in today's crypto market.
The 3 Best Blockchain Stocks to Buy in May 2024
Check Out What Whales Are Doing With CLSK
CLSK May 2024 9.000 put
See More Headlines
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Company Calendar

Last Earnings
12/14/2021
Today
5/12/2024
Next Earnings (Estimated)
8/14/2024
Fiscal Year End
9/30/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Nondepository credit institutions
Sub-Industry
N/A
Current Symbol
NASDAQ:CLSK
Fax
N/A
Employees
130
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$19.22
High Stock Price Target
$27.00
Low Stock Price Target
$5.30
Potential Upside/Downside
+23.4%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.83
Research Coverage
6 Analysts

Profitability

Net Income
$-136,590,000.00
Pretax Margin
-34.29%

Debt

Sales & Book Value

Annual Sales
$168.41 million
Book Value
$4.23 per share

Miscellaneous

Free Float
191,212,000
Market Cap
$3.08 billion
Optionable
Optionable
Beta
4.30
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CLSK Stock Analysis - Frequently Asked Questions

Should I buy or sell CleanSpark stock right now?

6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for CleanSpark in the last twelve months. There are currently 1 hold rating and 5 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" CLSK shares.
View CLSK analyst ratings
or view top-rated stocks.

What is CleanSpark's stock price target for 2024?

6 equities research analysts have issued 1 year target prices for CleanSpark's shares. Their CLSK share price targets range from $5.30 to $27.00. On average, they predict the company's share price to reach $19.22 in the next year. This suggests a possible upside of 23.4% from the stock's current price.
View analysts price targets for CLSK
or view top-rated stocks among Wall Street analysts.

How have CLSK shares performed in 2024?

CleanSpark's stock was trading at $11.03 at the start of the year. Since then, CLSK shares have increased by 41.2% and is now trading at $15.57.
View the best growth stocks for 2024 here
.

When is CleanSpark's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 14th 2024.
View our CLSK earnings forecast
.

How were CleanSpark's earnings last quarter?

CleanSpark, Inc. (NASDAQ:CLSK) issued its quarterly earnings results on Tuesday, December, 14th. The company reported ($0.15) earnings per share for the quarter, missing the consensus estimate of $0.07 by $0.22. The firm had revenue of $27.15 million for the quarter, compared to analyst estimates of $22.42 million. CleanSpark had a negative trailing twelve-month return on equity of 7.73% and a net margin of 22.41%.

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 (MRVL), Workhorse Group (WKHS), Alibaba Group (BABA), Bionano Genomics (BNGO), Citius Pharmaceuticals (CTXR), Tesla (TSLA), Advanced Micro Devices (AMD) and Boeing (BA).

Who are CleanSpark's major shareholders?

CleanSpark's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (6.44%), Van ECK Associates Corp (0.40%), Simplex Trading LLC (0.00%), Shariaportfolio Inc. (0.32%), IMC Chicago LLC (0.00%) and Mirae Asset Global Investments Co. Ltd. (0.20%). Insiders that own company stock include Gary Anthony Vecchiarelli, Larry Mcneill, Roger Paul Beynon, S Matthew Schultz, Thomas Leigh Wood and Zachary Bradford.
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.
Compare Top Brokerages Here.

This page (NASDAQ:CLSK) was last updated on 5/12/2024 by MarketBeat.com Staff

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