NASDAQ:CLSK CleanSpark (CLSK) Stock Price, News & Analysis → Exposed: 10 CENT Crypto to Explode April 20th? (From True Market Insiders) (Ad) Free CLSK Stock Alerts $19.78 -0.95 (-4.58%) (As of 04/24/2024 ET) Add Compare Share Share Today's Range$19.21▼$21.3950-Day Range$14.48▼$23.4052-Week Range$3.33▼$24.72Volume34.88 million shsAverage Volume35.10 million shsMarket Capitalization$3.92 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/Downside2.8% Downside$19.22 Price TargetShort InterestBearish13.26% of Shares Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.39Based on 12 Articles This WeekInsider TradingSelling Shares$24.96 M Sold Last QuarterProj. Earnings GrowthGrowingFrom ($0.30) to $1.75 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.0.81 out of 5 starsFinance Sector798th out of 855 stocksNondepository Credit Institutions Industry40th out of 46 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. Previous Next 2.0 Short Interest Percentage of Shares Shorted13.26% 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 0.7, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in CleanSpark has recently increased by 13.19%, 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 1.9 News and Social Media Coverage News SentimentCleanSpark has a news sentiment score of 0.39. 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 lower news sentiment than the 0.51 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 12 news articles for CleanSpark this week, compared to 6 articles on an average week.Search InterestOnly 116 people have searched for CLSK on MarketBeat in the last 30 days. This is a decrease of -31% compared to the previous 30 days.MarketBeat FollowsOnly 54 people have added CleanSpark to their MarketBeat watchlist in the last 30 days. This is a decrease of -8% 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 $24,963,509.00 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. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for CleanSpark are expected to grow in the coming year, from ($0.30) to $1.75 per share.Price to Book Value per Share RatioCleanSpark has a P/B Ratio of 4.68. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad True Market InsidersExposed: 10 CENT Crypto to Explode April 20th?Former Wall Street Insider and Professional Money Manager Reveals 4 Cryptos BETTER Than BitcoinClick For My #1 FREE Crypto for 2024 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 HeadlinesApril 17, 2024 | marketbeat.comChecking 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.March 28, 2024 | insidertrades.comS. Matthew Schultz Sells 367,000 Shares of CleanSpark, Inc. (NASDAQ:CLSK) StockApril 24, 2024 | True Market Insiders (Ad)Exposed: 10 CENT Crypto to Explode April 20th?Former Wall Street Insider and Professional Money Manager Reveals 4 Cryptos BETTER Than BitcoinApril 24, 2024 | prnewswire.comCleanSpark Executives to Discuss Fiscal Second Quarter 2024 Financial ResultsApril 23, 2024 | thestreet.com$4.7 billion mining firm CEO projects bitcoin growth: 'Nothing but up from here'April 22, 2024 | fool.comWhy Crypto Stocks Had a big Post-Halving Rally TodayApril 22, 2024 | msn.comBitcoin Mining Stocks Are Rising Monday: What's Going On?April 22, 2024 | investorplace.com3 Blockchain Stocks to Buy Now: Q2 EditionApril 24, 2024 | True Market Insiders (Ad)Exposed: 10 CENT Crypto to Explode April 20th?Former Wall Street Insider and Professional Money Manager Reveals 4 Cryptos BETTER Than BitcoinApril 21, 2024 | americanbankingnews.comCleanSpark (NASDAQ:CLSK) Shares Gap Up to $16.23April 19, 2024 | finance.yahoo.comBitcoin halving will raise our share in mining: CleanSpark CEOApril 19, 2024 | nasdaq.comCLSK Factor-Based Stock AnalysisApril 18, 2024 | finance.yahoo.comCleanSpark, Inc. (CLSK)April 17, 2024 | finance.yahoo.comBuy Bitcoin Miners' Stocks Ahead of the Halving, Bernstein SaysApril 17, 2024 | msn.comCleanSpark (CLSK) Price Target Increased by 19.05% to 25.50April 17, 2024 | investorplace.comA Major Upside Catalyst Is Just Around the Corner for CleanSpark (CLSK) StockApril 17, 2024 | investorplace.comA Major Upside Catalyst Is Just Around the Corner for CleanSpark (CLSK) StockApril 17, 2024 | bloomberg.comBitcoin Miners Fall Even as CEOs Say They’re Ready for HalvingApril 16, 2024 | americanbankingnews.comCleanSpark's (CLSK) "Buy" Rating Reaffirmed at HC WainwrightApril 15, 2024 | msn.comCleanSpark (CLSK) Stock Moves -1.08%: What You Should KnowApril 15, 2024 | msn.comCleanSpark Is Holding Up Better Than Other Bitcoin Mining Stocks Monday: What's Going On?April 15, 2024 | msn.comLeading Bitcoin mining CEOs upbeat as halving countdown beginsApril 15, 2024 | markets.businessinsider.comDecoding 10 Analyst Evaluations For CleansparkApril 14, 2024 | americanbankingnews.comCleanSpark (NASDAQ:CLSK) Shares Down 4.3% April 12, 2024 | markets.businessinsider.comCleanspark Acquisition and Financial Strength Prompt ‘Buy’ Rating Ahead of Bitcoin HalvingApril 12, 2024 | finance.yahoo.comCleanSpark Exceeds 17 EH/s, Exercises and Upgrades Previously Announced Option for 100,000 Bitcoin Mining MachinesApril 12, 2024 | prnewswire.comCleanSpark Exceeds 17 EH/s, Exercises and Upgrades Previously Announced Option for 100,000 Bitcoin Mining MachinesSee 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 Earnings2/08/2024Today4/24/2024Next Earnings (Estimated)5/08/2024Fiscal Year End9/30/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorFinance Industry Nondepository credit institutions 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$5.30 Potential Upside/Downside-3.7%Consensus RatingModerate Buy Rating Score (0-4)2.83 Research Coverage6 Analysts Profitability EPS (Most Recent Fiscal Year)N/A Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-136,590,000.00 Net Margins-38.09% Pretax Margin-34.29% Return on Equity-16.25% Return on Assets-14.85% Debt Debt-to-Equity RatioN/A Current Ratio4.29 Quick Ratio4.27 Sales & Book Value Annual Sales$168.41 million Price / Sales23.48 Cash FlowN/A Price / Cash FlowN/A Book Value$4.23 per share Price / Book4.72Miscellaneous Outstanding Shares198,070,000Free Float191,212,000Market Cap$3.95 billion OptionableOptionable Beta4.27 The 10 Best AI Stocks to Own in 2024Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.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. Bradley AudissVice President of OperationsIsaac HolyoakChief Communications OfficerMs. Natasha BetancourtChief of StaffMr. Scott GarrisonSenior Vice President of GrowthMr. Taylor MonnigSenior Vice President of MiningMore ExecutivesKey CompetitorsWalker & DunlopNYSE:WDMr. Cooper GroupNASDAQ:COOPCovantaNYSE:CVALufaxNYSE:LUPerella Weinberg PartnersNASDAQ:PWPView All CompetitorsInsiders & InstitutionsCUSHING ASSET MANAGEMENT LP dba NXG INVESTMENT MANAGEMENTBought 180,000 shares on 4/24/2024Ownership: 0.091%Assenagon Asset Management S.A.Bought 168,313 shares on 4/24/2024Ownership: 0.085%Busey BankBought 38,100 shares on 4/23/2024Ownership: 0.019%United Capital Management of KS Inc.Bought 15,438 shares on 4/19/2024Ownership: 0.008%Sloy Dahl & Holst LLCBought 14,240 shares on 4/19/2024Ownership: 0.007%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 year. 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 brokerages have issued 12-month price objectives for CleanSpark's shares. Their CLSK share price targets range from $5.30 to $27.00. On average, they predict the company's stock price to reach $19.22 in the next twelve months. This suggests that the stock has a possible downside of 2.8%. 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 shares have increased by 79.3% and is now trading at $19.78. View the best growth stocks for 2024 here. Are investors shorting CleanSpark? CleanSpark saw a increase in short interest in March. As of March 31st, there was short interest totaling 26,260,000 shares, an increase of 13.2% from the March 15th total of 23,200,000 shares. Based on an average daily volume of 35,850,000 shares, the days-to-cover ratio is currently 0.7 days. View CleanSpark's Short Interest. When is CleanSpark's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 8th 2024. View our CLSK earnings forecast. How were CleanSpark's earnings last quarter? CleanSpark, Inc. (NASDAQ:CLSK) announced its quarterly earnings data on Thursday, February, 8th. The company reported ($0.02) earnings per share for the quarter, beating the consensus estimate of ($0.28) by $0.26. The firm earned $73.79 million during the quarter, compared to analyst estimates of $66.06 million. CleanSpark had a negative trailing twelve-month return on equity of 16.25% and a negative net margin of 38.09%. What ETFs hold CleanSpark's stock? ETFs with the largest weight of CleanSpark (NASDAQ:CLSK) stock in their portfolio include Global X Blockchain ETF (BKCH), Valkyrie Bitcoin Miners ETF (WGMI), Invesco Alerian Galaxy Blockchain Users and Decentralized Commerce ETF (BLKC), iShares Blockchain and Tech ETF (IBLC), Fidelity Crypto Industry and Digital Payments ETF (FDIG), VanEck Digital Transformation ETF (DAPP), Schwab Crypto Thematic ETF (STCE) and VanEck Digital Assets Mining ETF (DAM). 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 IMC Chicago LLC (0.00%), CUSHING ASSET MANAGEMENT LP dba NXG INVESTMENT MANAGEMENT (0.09%), Assenagon Asset Management S.A. (0.08%), Busey Bank (0.02%), CAP Partners LLC (0.02%) and SteelPeak Wealth LLC (0.02%). 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. 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