Cleanspark (CLSK) Projected to Post Earnings on Friday

Cleanspark (NASDAQ:CLSK) is projected to release its Q3 2025 earnings data before the market opens on Friday, August 8th. Analysts expect Cleanspark to post earnings of ($0.03) per share and revenue of $191.33 million for the quarter.

Cleanspark (NASDAQ:CLSK) last issued its earnings results on Thursday, May 8th. The company reported ($0.02) EPS for the quarter, missing analysts’ consensus estimates of $0.03 by ($0.05). Cleanspark had a negative net margin of 35.43% and a negative return on equity of 4.65%. The firm had revenue of $181.71 million during the quarter, compared to the consensus estimate of $196.43 million. During the same period in the previous year, the firm earned $0.59 earnings per share. The business’s quarterly revenue was up 62.5% on a year-over-year basis. On average, analysts expect Cleanspark to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Cleanspark Price Performance

Shares of Cleanspark stock opened at $11.37 on Friday. The firm has a market capitalization of $3.19 billion, a price-to-earnings ratio of -11.84 and a beta of 4.23. Cleanspark has a one year low of $6.45 and a one year high of $17.97. The business has a 50-day simple moving average of $10.75 and a 200 day simple moving average of $9.58.

Insiders Place Their Bets

In other Cleanspark news, Director Roger Paul Beynon sold 50,000 shares of Cleanspark stock in a transaction that occurred on Wednesday, May 21st. The stock was sold at an average price of $10.51, for a total transaction of $525,500.00. Following the sale, the director directly owned 125,511 shares of the company’s stock, valued at approximately $1,319,120.61. The trade was a 28.49% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders own 2.65% of the company’s stock.

Institutional Trading of Cleanspark

Large investors have recently bought and sold shares of the company. Strs Ohio purchased a new position in shares of Cleanspark during the first quarter valued at approximately $38,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in shares of Cleanspark by 16.8% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 598,994 shares of the company’s stock valued at $4,025,000 after purchasing an additional 86,229 shares during the last quarter. United Services Automobile Association purchased a new position in shares of Cleanspark during the first quarter valued at approximately $125,000. Caxton Associates LLP purchased a new position in shares of Cleanspark during the first quarter valued at approximately $169,000. Finally, Integrated Wealth Concepts LLC purchased a new position in shares of Cleanspark during the first quarter valued at approximately $68,000. 43.12% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on the company. LADENBURG THALM/SH SH assumed coverage on Cleanspark in a research note on Monday. They set a “buy” rating and a $20.25 price target for the company. Chardan Capital restated a “buy” rating and issued a $20.00 target price on shares of Cleanspark in a research note on Tuesday, July 8th. Cantor Fitzgerald boosted their target price on Cleanspark from $22.00 to $25.00 and gave the stock an “overweight” rating in a research note on Monday. BTIG Research restated a “buy” rating on shares of Cleanspark in a research note on Friday, June 13th. Finally, JPMorgan Chase & Co. upped their price objective on Cleanspark from $14.00 to $15.00 and gave the company an “overweight” rating in a research note on Monday. Nine analysts have rated the stock with a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, Cleanspark presently has an average rating of “Buy” and a consensus target price of $20.69.

About Cleanspark

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.