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NASDAQ:CLSK

CleanSpark (CLSK) Stock Price, News & Analysis

$8.09
-0.50 (-5.82%)
(As of 09/6/2024 ET)
Today's Range
$8.04
$8.88
50-Day Range
$8.09
$19.79
52-Week Range
$3.38
$24.72
Volume
17.61 million shs
Average Volume
31.24 million shs
Market Capitalization
$1.84 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$18.97

CleanSpark MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.83 Rating Score
Upside/​Downside
134.4% Upside
$18.97 Price Target
Short Interest
Bearish
16.76% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.28mentions of CleanSpark in the last 14 days
Based on 16 Articles This Week
Insider Trading
Selling Shares
$59,090 Sold Last Quarter
Proj. Earnings Growth
Growing
From ($0.06) to $0.12 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.

1.68 out of 5 stars

Finance Sector

675th out of 871 stocks

Nondepository Credit Institutions Industry

37th out of 48 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

When Can We Expect A Profit From CleanSpark, Inc. (NASDAQ:CLSK)?
The death of Nvidia?
Today, I’m warning of another looming catastrophe. Only this time, it’s not in pot stocks, cryptos, or U.S. housing… it's in artificial intelligence. And unless you know what’s really going on in this sector, you could be wiped out. You see, while there is no doubt that the recent advancements in artificial intelligence are game-changing and will drive colossal innovation in every sector of the economy... There's also no escaping that The Big AI Die-Up is coming.
CleanSpark stock falls, mines less bitcoin in August
The death of Nvidia?
Today, I’m warning of another looming catastrophe. Only this time, it’s not in pot stocks, cryptos, or U.S. housing… it's in artificial intelligence. And unless you know what’s really going on in this sector, you could be wiped out. You see, while there is no doubt that the recent advancements in artificial intelligence are game-changing and will drive colossal innovation in every sector of the economy... There's also no escaping that The Big AI Die-Up is coming.
CleanSpark Releases August 2024 Bitcoin Mining Update
CLSK Sep 2024 7.500 put
Analysts Set CleanSpark, Inc. (NASDAQ:CLSK) Target Price at $18.97
CleanSpark, Inc. (NASDAQ:CLSK) CTO Sells $14,539.50 in Stock
Reviewing SBI (OTCMKTS:SBHGF) and CleanSpark (NASDAQ:CLSK)
CleanSpark (NASDAQ:CLSK) Shares Gap Up to $10.68
CLSK Aug 2024 22.500 call
See More Headlines
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Company Calendar

Last Earnings
8/09/2024
Today
9/07/2024
Fiscal Year End
9/30/2024
Next Earnings (Estimated)
12/05/2024

Industry, Sector and Symbol

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

Price Target and Rating

Average Stock Price Target
$18.97
High Stock Price Target
$27.00
Low Stock Price Target
$5.30
Potential Upside/Downside
+134.4%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.83
Research Coverage
6 Analysts

Profitability

Net Income
$-136,590,000.00
Pretax Margin
-43.43%

Debt

Sales & Book Value

Annual Sales
$342.81 million
Book Value
$5.65 per share

Miscellaneous

Free Float
219,986,000
Market Cap
$1.84 billion
Optionable
Optionable
Beta
4.18
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CLSK Stock Analysis - Frequently Asked Questions

How have CLSK shares performed this year?

CleanSpark's stock was trading at $11.03 on January 1st, 2024. Since then, CLSK stock has decreased by 26.7% and is now trading at $8.09.
View the best growth stocks for 2024 here
.

How were CleanSpark's earnings last quarter?

CleanSpark, Inc. (NASDAQ:CLSK) released its quarterly earnings data on Friday, August, 9th. The company reported $0.01 EPS for the quarter, missing the consensus estimate of $0.04 by $0.03. The business had revenue of $104.11 million for the quarter, compared to the consensus estimate of $114.04 million. CleanSpark had a negative trailing twelve-month return on equity of 3.64% and a negative net margin of 46.31%.

Who are CleanSpark's major shareholders?

Top institutional investors of CleanSpark include Dimensional Fund Advisors LP (3.13%), Susquehanna International Group LLP, Millennium Management LLC (0.55%) and Marshall Wace LLP (0.50%). Insiders that own company stock include Zachary Bradford, S Matthew Schultz, Gary Anthony Vecchiarelli, Larry Mcneill, Taylor Monnig, Roger Paul Beynon and Thomas Leigh Wood.
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.

What other stocks do shareholders of CleanSpark own?

Based on aggregate information from My MarketBeat watchlists, some other companies that CleanSpark investors own include Sorrento Therapeutics (SRNE), NIO (NIO), Marvell Technology (MRVL), Workhorse Group (WKHS), Alibaba Group (BABA), Bionano Genomics (BNGO) and Citius Pharmaceuticals (CTXR).

This page (NASDAQ:CLSK) was last updated on 9/7/2024 by MarketBeat.com Staff

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