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S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Asian shares are mostly higher after another set of Wall St records
3 Value Stocks Too Small For Buffett’s Portfolio
Delta Airline’s Put Option Activity Isn’t Bad News
Disney Stock Catches 3 Upgrades In a Single Week
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
Foot Locker Builds Up Another Head of Steam; Gains Imminent
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Asian shares are mostly higher after another set of Wall St records
3 Value Stocks Too Small For Buffett’s Portfolio
Delta Airline’s Put Option Activity Isn’t Bad News
Disney Stock Catches 3 Upgrades In a Single Week
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
Foot Locker Builds Up Another Head of Steam; Gains Imminent
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Asian shares are mostly higher after another set of Wall St records
3 Value Stocks Too Small For Buffett’s Portfolio
Delta Airline’s Put Option Activity Isn’t Bad News
Disney Stock Catches 3 Upgrades In a Single Week
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
Foot Locker Builds Up Another Head of Steam; Gains Imminent
NASDAQ:CLSK

CleanSpark (CLSK) Stock Price, News & Analysis

$21.21
-1.90 (-8.22%)
(As of 03/28/2024 ET)
Today's Range
$21.11
$24.10
50-Day Range
$6.87
$23.40
52-Week Range
$2.38
$24.72
Volume
42.17 million shs
Average Volume
42.19 million shs
Market Capitalization
$4.20 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$18.05

CleanSpark MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.83 Rating Score
Upside/​Downside
14.9% Downside
$18.05 Price Target
Short Interest
Healthy
11.71% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.49mentions of CleanSpark in the last 14 days
Based on 23 Articles This Week
Insider Trading
Selling Shares
$24.96 M Sold Last Quarter
Proj. Earnings Growth
Growing
From ($0.30) to $1.20 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.

0.89 out of 5 stars

Finance Sector

799th out of 868 stocks

Nondepository Credit Institutions Industry

38th 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

Crypto Market Preps For Trillions Worth of Inflows!
Bitcoin is rapidly approaching new ALL-TIME HIGHS… The market is buzzing after recent approval of spot Bitcoin exchange-traded funds (ETF). Top analysts predict these ETFs will attract trillions of dollars worth of inflows over the next few years… And as Bitcoin rallies, we could see other smaller coins rise to heights never seen before.
3 Stocks About to Join the Rate Cut Party
You can think of the S&P 500 and the NASDAQ 100 indexes as the sun that gets the rest of the stock market booming or busting. As these have been making all-time highs lately, you'll notice that not all stocks joined the party.
3 Stocks About to Join the Rate Cut Party (CLSK)
Three stocks quickly become top picks for you to play catch-up to the rate cut rally that has been hitting the stock market lately, analysts love them
CleanSpark (NASDAQ:CLSK) Trading Up 3.3% on Analyst Upgrade
Major Elon Musk Crypto Leak Revealed
Reports of a leaked meeting between Elon Musk and staff at X.com could send shockwaves through the crypto market. Musk revealed a "mind-blowing" plan to take over the global payment system. In his own words, the world's richest man said "you won't need a bank account." Prominent voices in crypto believe what comes next will mirror a crypto mass adoption similar to the one that triggered bitcoin's last bull run.
CleanSpark's (CLSK) Buy Rating Reaffirmed at HC Wainwright
6 Analysts Assess Cleanspark: What You Need To Know
Latest News for Cleanspark Stock (NASDAQ:CLSK)
COIN, HUT and WNW among pre-market losers
See More Headlines
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Company Calendar

Last Earnings
2/08/2024
Today
3/28/2024
Next Earnings (Estimated)
5/08/2024
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
$18.05
High Stock Price Target
$27.00
Low Stock Price Target
$5.30
Potential Upside/Downside
-14.9%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.83
Research Coverage
6 Analysts

Profitability

Net Income
$-136,590,000.00
Pretax Margin
-34.29%

Debt

Sales & Book Value

Annual Sales
$168.41 million
Book Value
$4.23 per share

Miscellaneous

Free Float
191,212,000
Market Cap
$4.20 billion
Optionable
Optionable
Beta
4.26
13 Stocks Institutional Investors Won't Stop Buying Cover

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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. Bradley Audiss
    Vice President of Operations
  • Isaac Holyoak
    Chief Communications Officer
  • Ms. Natasha Betancourt
    Chief of Staff
  • Mr. Scott Garrison
    Senior Vice President of Growth
  • Mr. Taylor Monnig
    Senior Vice President of Mining

CLSK Stock Analysis - Frequently Asked Questions

Should I buy or sell CleanSpark stock right now?

6 Wall Street research 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 research 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 brokers have issued twelve-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 share price to reach $18.05 in the next year. This suggests that the stock has a possible downside of 14.9%.
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 on January 1st, 2024. Since then, CLSK shares have increased by 92.3% and is now trading at $21.21.
View the best growth stocks for 2024 here
.

Are investors shorting CleanSpark?

CleanSpark saw a decrease in short interest during the month of March. As of March 15th, there was short interest totaling 23,200,000 shares, a decrease of 6.1% from the February 29th total of 24,710,000 shares. Based on an average trading volume of 35,190,000 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) issued its quarterly earnings data on Thursday, February, 8th. The company reported ($0.02) earnings per share (EPS) 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 net margin of 38.09% and a negative trailing twelve-month return on equity of 16.25%.

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 number of retail and institutional investors. Top institutional investors include Dimensional Fund Advisors LP (4.29%), Vanguard Group Inc. (4.06%), Vanguard Group Inc. (4.06%), Goldman Sachs Group Inc. (0.93%), Goldman Sachs Group Inc. (0.93%) and Mirae Asset Global Investments Co. Ltd. (0.93%). 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 3/29/2024 by MarketBeat.com Staff

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