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NASDAQ:CLSK

CleanSpark (CLSK) Stock Price, News & Analysis

$16.93
-0.99 (-5.52%)
(As of 07/2/2024 ET)
Today's Range
$16.92
$18.14
50-Day Range
$15.36
$19.78
52-Week Range
$3.38
$24.72
Volume
26.61 million shs
Average Volume
33.04 million shs
Market Capitalization
$3.86 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$19.97

CleanSpark MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
17.9% Upside
$19.97 Price Target
Short Interest
Healthy
15.08% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.61mentions of CleanSpark in the last 14 days
Based on 15 Articles This Week
Insider Trading
Selling Shares
$44,118 Sold Last Quarter
Proj. Earnings Growth
Growing
From ($0.09) to $0.46 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.

1.06 out of 5 stars

Finance Sector

762nd out of 863 stocks

Nondepository Credit Institutions Industry

43rd out of 51 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

CleanSpark Releases June 2024 Bitcoin Mining Update
Re: We’re giving you all this for less than a pair of socks
The Only Trading Tool You'll Need This Year Forget juggling multiple subscriptions and confusing indicators... Our all-in-one Premium Membership gives you everything you need to potentially profit in any market. Members have seen gains of 76.2%, 85.6%, and even 111.3% on single trades. This July 4th, get 12 months of access for just $4.
CleanSpark Walks A Fine Line With Bitcoin
Re: We’re giving you all this for less than a pair of socks
The Only Trading Tool You'll Need This Year Forget juggling multiple subscriptions and confusing indicators... Our all-in-one Premium Membership gives you everything you need to potentially profit in any market. Members have seen gains of 76.2%, 85.6%, and even 111.3% on single trades. This July 4th, get 12 months of access for just $4.
CleanSpark (NASDAQ:CLSK) Shares Up 3.9%
CleanSpark (NASDAQ:CLSK) Shares Gap Down to $17.29
3 Blockchain Stocks to Buy Now: June 2024
The 3 Best Blockchain Stocks to Buy in June 2024
CLSK May 2024 28.000 put
3 Russell 2000 Stocks to Buy Now: May 2024
See More Headlines
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Company Calendar

Last Earnings
5/09/2024
Today
7/03/2024
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
$19.97
High Stock Price Target
$27.00
Low Stock Price Target
$5.30
Potential Upside/Downside
+17.9%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
6 Analysts

Profitability

Net Income
$-136,590,000.00
Pretax Margin
29.26%

Debt

Sales & Book Value

Annual Sales
$168.41 million
Book Value
$4.23 per share

Miscellaneous

Free Float
219,986,000
Market Cap
$3.86 billion
Optionable
Optionable
Beta
4.21
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Key Executives

  • Mr. S. Matthew Schultz (Age 55)
    Executive Chairman
    Comp: $3.2M
  • Mr. Zachary K. BradfordMr. Zachary K. Bradford (Age 38)
    CEO, President & Director
    Comp: $3.55M
  • Mr. Gary A. Vecchiarelli CPA (Age 46)
    Chief Financial Officer
    Comp: $849.23k
  • Mr. Scott Garrison
    Chief Operating Officer
  • Mr. Taylor Monnig
    Chief Technology Officer
  • Isaac Holyoak
    Chief Communications Officer
  • Ms. Natasha Betancourt
    Chief of Staff
  • Mr. Bradley Audiss
    Senior Vice President of Operations

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, 4 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" CLSK shares.
View CLSK analyst ratings
or view top-rated stocks.

What is CleanSpark's stock price target for 2024?

6 analysts have issued 12-month price objectives for CleanSpark's stock. Their CLSK share price targets range from $5.30 to $27.00. On average, they expect the company's stock price to reach $19.97 in the next year. This suggests a possible upside of 17.9% 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 the year. Since then, CLSK stock has increased by 53.5% and is now trading at $16.93.
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) released its earnings results on Thursday, May, 9th. The company reported $0.13 earnings per share for the quarter, beating the consensus estimate of $0.06 by $0.07. The business earned $111.80 million during the quarter, compared to the consensus estimate of $111.11 million. CleanSpark had a negative trailing twelve-month return on equity of 6.30% 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).

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 7/3/2024 by MarketBeat.com Staff

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