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: $9.11 to $9.93
• 50-Day Range: $9.33 to $12.98
• 52-Week Range: $6.45 to $17.97
• Volume: 16.26 million shs
• Average Volume: 24.81 million shs
• Market Capitalization: $2.71 billion
• P/E Ratio: 11.34
• Dividend Yield: N/A
• Price Target: $20.47
• Consensus Rating: Buy

Cleanspark Stock Analysis - MarketRank™

Cleanspark scored higher than 90% of companies evaluated by MarketBeat, and ranked 172nd out of 930 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: 4.5 / 5
• Analyst Rating: Buy

Consensus Rating

Cleanspark has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 10 buy ratings, no hold ratings, and no sell ratings.

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 11.28, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 269.24.

Price to Earnings Ratio vs. Sector

The P/E ratio of Cleanspark is 11.28, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 228.77.

Price to Book Value per Share Ratio

Cleanspark has a P/B Ratio of 1.48. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 4.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

19.62% 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 2.3, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Cleanspark has recently decreased by 8.11%, indicating that investor sentiment is improving significantly.

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

19.62% 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 2.3, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Cleanspark has recently decreased by 8.11%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 3.2 / 5
• News Sentiment: 1.74

News Sentiment

Cleanspark has a news sentiment score of 1.74. 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 is a higher news sentiment than the 1.24 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 4 news articles for Cleanspark this week, compared to 10 articles on an average week.

Search Interest

Only 57 people have searched for CLSK on MarketBeat in the last 30 days. This is a decrease of -14% compared to the previous 30 days.

MarketBeat Follows

37 people have added Cleanspark to their MarketBeat watchlist in the last 30 days. This is an increase of 76% compared to the previous 30 days.

Company Ownership

• Score: 0.8 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Cleanspark insiders have not sold or bought any 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 on January 1st, 2025. Since then, CLSK stock has increased by 4.5% and is now trading at $9.6250.

How were Cleanspark's earnings last quarter?

Cleanspark, Inc. (NASDAQ:CLSK) announced its quarterly earnings data on Thursday, August, 7th. The company reported $0.78 earnings per share for the quarter, topping the consensus estimate of $0.07 by $0.71. The firm's revenue for the quarter was up 90.8% compared to the same quarter last year.
Read the conference call transcript.

Who are Cleanspark's major shareholders?

Cleanspark's top institutional shareholders include State Street Corp (3.94%), Geode Capital Management LLC (2.68%), Wolverine Asset Management LLC and Invesco Ltd. (1.31%). Insiders that own company stock include Zachary Bradford, S Matthew Schultz, Gary Anthony Vecchiarelli, Larry Mcneill, Taylor Monnig, Scott Eugene Garrison, Amanda Cavaleri, Thomas Leigh Wood and Roger Paul Beynon.
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: 9/02/2025
• Fiscal Year End: 9/30/2025

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: N/A

Price Target and Rating

• Average Price Target for Cleanspark: $20.47
• High Price Target: $27.00
• Low Price Target: $15.00
• Potential Upside/Downside: +115.7%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 10 Analysts

Profitability

• EPS (Trailing Twelve Months): $0.85
• Trailing P/E Ratio: 11.13
• Forward P/E Ratio: 16.36
• 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: 7.04
• Cash Flow: $0.46 per share
• Price / Cash Flow: 20.77
• Book Value: $6.50 per share
• Price / Book: 1.46

Miscellaneous

• Outstanding Shares: 281,080,000
• Free Float: 273,634,000
• Market Cap: $2.67 billion
• Optionable: Optionable
• Beta: 3.65