NASDAQ:CLSK CleanSpark (CLSK) Stock Price, News & Analysis → The 7th Trillion Dollar Company? (From The Oxford Club) (Ad) Free CLSK Stock Alerts $18.44 +0.02 (+0.11%) (As of 05/22/2024 ET) Add Compare Share Share Today's Range$18.17▼$20.1550-Day Range$14.48▼$23.4052-Week Range$3.38▼$24.72Volume37.66 million shsAverage Volume33.49 million shsMarket Capitalization$4.20 billionP/E RatioN/ADividend YieldN/APrice Target$19.22 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get CleanSpark alerts: Email Address CleanSpark MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.83 Rating ScoreUpside/Downside4.2% Upside$19.22 Price TargetShort InterestBearish14.97% of Shares Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.64Based on 6 Articles This WeekInsider TradingSelling Shares$24.77 M Sold Last QuarterProj. Earnings GrowthGrowingFrom ($0.09) to $1.86 Per ShareSee Full Details Hide Full Details 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.0.90 out of 5 starsFinancial Services Sector21st out of 24 stocksCapital Markets Industry1st out of 1 stocks 2.4 Analyst's Opinion Consensus RatingCleanSpark has received a consensus rating of Moderate Buy. The company's average rating score is 2.83, and is based on 5 buy ratings, 1 hold rating, and no sell ratings.Amount of Analyst CoverageCleanSpark has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about CleanSpark's stock forecast and price target. Previous Next 2.0 Short Interest Percentage of Shares Shorted14.97% of the outstanding shares of CleanSpark have been sold short.Short Interest Ratio / Days to CoverCleanSpark has a short interest ratio ("days to cover") of 0.9, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in CleanSpark has recently increased by 8.67%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldCleanSpark does not currently pay a dividend.Dividend GrowthCleanSpark does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for CLSK. Previous Next 2.0 News and Social Media Coverage News SentimentCleanSpark has a news sentiment score of 0.64. 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 Financial Services companies.News Coverage This WeekMarketBeat has tracked 6 news articles for CleanSpark this week, compared to 7 articles on an average week.Search Interest126 people have searched for CLSK on MarketBeat in the last 30 days. This is an increase of 21% compared to the previous 30 days.MarketBeat FollowsOnly 41 people have added CleanSpark to their MarketBeat watchlist in the last 30 days. This is a decrease of -13% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn 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 $24,767,587.00 in company stock.Percentage Held by InsidersOnly 3.46% of the stock of CleanSpark is held by insiders.Percentage Held by Institutions43.12% of the stock of CleanSpark is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about CleanSpark's insider trading history. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for CleanSpark are expected to grow in the coming year, from ($0.09) to $1.86 per share.Price to Book Value per Share RatioCleanSpark has a P/B Ratio of 2.87. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about CleanSpark's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad The Oxford ClubThe 7th Trillion Dollar Company?There are six American companies worth more than $1 trillion currently. But is there going to be a 7th trillion dollar company soon?This company just signed a MASSIVE deal with Apple. 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.Read More CLSK Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart CLSK Stock News HeadlinesMay 14, 2024 | marketbeat.comIs GameStop’s 80% Rally a Sign of Small Caps Returning?GameStop stock rallied by 80% after a Tweet boosted it like in 2021. However, fundamentals and price targets suggest the rally will be short lived.May 20 at 11:53 AM | benzinga.comCleanspark Unusual Options Activity For May 20May 16, 2024 | americanbankingnews.comCleanSpark, Inc. (NASDAQ:CLSK) Short Interest Up 8.7% in AprilMay 15, 2024 | americanbankingnews.comCleanSpark (NASDAQ:CLSK) Earns "Buy" Rating from Chardan CapitalMay 14, 2024 | wsj.comCleanSpark Inc.May 14, 2024 | markets.businessinsider.comIs CleanSpark a Buy as Wall Street Analysts Look Optimistic?May 14, 2024 | benzinga.comSmart Money Is Betting Big In CLSK OptionsMay 13, 2024 | msn.comCleanSpark vs. Riot Platforms: Which Crypto Mining Stock Is a Better Buy?May 13, 2024 | americanbankingnews.comCleanSpark's (CLSK) "Buy" Rating Reiterated at HC WainwrightMay 12, 2024 | americanbankingnews.comCleanSpark (NASDAQ:CLSK) Shares Gap Up to $16.59May 11, 2024 | finance.yahoo.comAnalysts Are Updating Their CleanSpark, Inc. (NASDAQ:CLSK) Estimates After Its Second-Quarter ResultsMay 11, 2024 | seekingalpha.comCleanSpark: Locked And Loaded For Post-Halving AcquisitionsMay 10, 2024 | msn.comBitcoin-Miner CleanSpark's Stock Climbs After Strong Q2 Revenue, 2 New Mining LocationsMay 10, 2024 | markets.businessinsider.comExpert Ratings For CleansparkMay 10, 2024 | markets.businessinsider.comAnalysts Offer Insights on Financial Companies: Axis Capital (AXS) and Cleanspark (CLSK)May 10, 2024 | finance.yahoo.comCleanSpark, Inc.'s (NASDAQ:CLSK) Stock is Soaring But Financials Seem Inconsistent: Will The Uptrend Continue?May 10, 2024 | finance.yahoo.comCleanSpark Second Quarter 2024 Earnings: EPS: US$0.59 (vs US$0.23 loss in 2Q 2023)May 9, 2024 | msn.comCLSK Stock Earnings: Cleanspark Beats EPS, Beats Revenue for Q2 2024May 9, 2024 | msn.comBitcoin Miner Rallies On Revenue Spike, Wyoming ExpansionMay 9, 2024 | prnewswire.comCleanSpark to Acquire 75 MW of Bitcoin Mining Sites in Wyoming for $18.75 MillionMay 9, 2024 | prnewswire.comCleanSpark Reports Second Quarter FY2024 Financial ResultsMay 8, 2024 | finanznachrichten.deCleanSpark, Inc.: CleanSpark Names Chief Operating Officer and Chief Technology OfficerMay 8, 2024 | markets.businessinsider.comCleanSpark Appoints Scott Garrison As COO And Taylor Monnig As CTOMay 8, 2024 | investorplace.comThe 3 Best Blockchain Stocks to Buy in May 2024May 8, 2024 | prnewswire.comCleanSpark Names Chief Operating Officer and Chief Technology OfficerSee More Headlines Receive CLSK Stock News and Ratings via Email Sign-up to receive the latest news and ratings for CleanSpark and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings12/14/2021Today5/22/2024Next Earnings (Estimated)8/14/2024Fiscal Year End9/30/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorFinancial Services Industry Capital Markets Sub-IndustryN/A Current SymbolNASDAQ:CLSK CUSIPN/A CIK827876 Webwww.cleanspark.com Phone(702) 941-8047FaxN/AEmployees130Year FoundedN/APrice Target and Rating Average Stock Price Target$19.22 High Stock Price Target$27.00 Low Stock Price Target$5.30 Potential Upside/Downside-0.3%Consensus RatingModerate Buy Rating Score (0-4)2.83 Research Coverage6 Analysts Profitability EPS (Most Recent Fiscal Year)N/A Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-136,590,000.00 Net Margins22.41% Pretax Margin29.26% Return on Equity-6.30% Return on Assets-5.81% Debt Debt-to-Equity RatioN/A Current Ratio12.50 Quick Ratio12.48 Sales & Book Value Annual Sales$168.41 million Price / Sales26.07 Cash FlowN/A Price / Cash FlowN/A Book Value$6.42 per share Price / Book3.00Miscellaneous Outstanding Shares227,870,000Free Float219,986,000Market Cap$4.39 billion OptionableOptionable Beta4.30 Ten Starter Stocks For Beginners to Buy NowJust getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.Get This Free Report Key ExecutivesMr. S. Matthew Schultz (Age 55)Executive Chairman Comp: $3.2MMr. Zachary K. Bradford (Age 38)CEO, President & Director Comp: $3.55MMr. Gary A. Vecchiarelli CPA (Age 46)Chief Financial Officer Comp: $849.23kMr. Scott GarrisonChief Operating OfficerMr. Taylor MonnigChief Technology OfficerIsaac HolyoakChief Communications OfficerMs. Natasha BetancourtChief of StaffMr. Bradley AudissSenior Vice President of OperationsMore ExecutivesKey CompetitorsWalker & DunlopNYSE:WDBurford CapitalNYSE:BURMr. Cooper GroupNASDAQ:COOPCovantaNYSE:CVALufaxNYSE:LUView All CompetitorsInsiders & InstitutionsVirtu Financial LLCBought 11,170 shares on 5/20/2024Ownership: 0.005%Tidal Investments LLCSold 1,378,118 shares on 5/17/2024Ownership: 0.700%Comerica BankBought 89,289 shares on 5/17/2024Ownership: 0.039%Walleye Trading LLCBought 27,000 shares on 5/17/2024Ownership: 0.000%California State Teachers Retirement SystemBought 25,145 shares on 5/16/2024Ownership: 0.082%View All Insider TransactionsView All Institutional Transactions CLSK Stock Analysis - Frequently Asked Questions Should I buy or sell CleanSpark stock right now? 6 Wall Street 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 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 Wall Street research analysts have issued twelve-month price targets for CleanSpark's stock. Their CLSK share price targets range from $5.30 to $27.00. On average, they anticipate the company's share price to reach $19.22 in the next year. This suggests a possible upside of 4.2% 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 beginning of 2024. Since then, CLSK stock has increased by 67.2% and is now trading at $18.44. 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 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 company earned $27.15 million during the quarter, compared to analysts' expectations of $22.42 million. CleanSpark had a net margin of 22.41% and a negative trailing twelve-month return on equity of 6.30%. What ETFs hold CleanSpark's stock? ETFs with the largest weight of CleanSpark (NASDAQ:CLSK) stock in their portfolio include Valkyrie Bitcoin Miners ETF (WGMI), Invesco Alerian Galaxy Blockchain Users and Decentralized Commerce ETF (BLKC), iShares Blockchain and Tech ETF (IBLC), Global X Blockchain ETF (BKCH), Fidelity Crypto Industry and Digital Payments ETF (FDIG), Schwab Crypto Thematic ETF (STCE), VanEck Digital Transformation ETF (DAPP) and Bitwise Crypto Industry Innovators ETF (BITQ). 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 institutional and retail investors. Top institutional investors include Vanguard Group Inc. (6.44%), Tidal Investments LLC (0.70%), Vident Advisory LLC (0.44%), Van ECK Associates Corp (0.40%), Simplex Trading LLC (0.00%) and Shariaportfolio Inc. (0.32%). 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 5/22/2024 by MarketBeat.com Staff From Our PartnersElon to Transform U.S. Economy? Porter & CompanyGold Set to EXPLODE!Gold Safe ExchangeTech GIANT’s Plans to Revolutionize Crypto…Crypto 101 MediaBill Gates is all about this tiny $2 stockTimothy Sykes41 banks launch ‘crypto dollar’Stansberry Research$1,500 to $9,400 in one month? (A.I. Trade List)Prosper Trading AcademyThis could mean the end of the U.S dollar…Colonial MetalsSeven unknown AI stocks that could DOMINATE the next six years.The Oxford Club Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding CleanSpark, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Email Address Required Your Password: Password Required Log In or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Please enter your email address. Please enter a valid email address Choose a Password: Please enter your password. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
