Northland Capmk Estimates Cleanspark Q1 Earnings

Cleanspark, Inc. (NASDAQ:CLSK) – Equities researchers at Northland Capmk issued their Q1 2026 earnings per share (EPS) estimates for shares of Cleanspark in a research note issued on Tuesday, January 13th. Northland Capmk analyst M. Grondahl anticipates that the company will post earnings per share of ($0.16) for the quarter. Northland Capmk currently has a “Strong-Buy” rating on the stock. The consensus estimate for Cleanspark’s current full-year earnings is $0.58 per share. Northland Capmk also issued estimates for Cleanspark’s Q2 2026 earnings at ($0.13) EPS, Q3 2026 earnings at ($0.12) EPS, Q4 2026 earnings at ($0.15) EPS, FY2026 earnings at ($0.55) EPS, Q1 2027 earnings at ($0.16) EPS, Q2 2027 earnings at ($0.12) EPS, Q3 2027 earnings at ($0.07) EPS, Q4 2027 earnings at ($0.09) EPS and FY2027 earnings at ($0.43) EPS.

CLSK has been the topic of several other reports. BTIG Research boosted their target price on shares of Cleanspark from $22.00 to $26.00 and gave the stock a “buy” rating in a research report on Monday, October 13th. B. Riley decreased their price objective on shares of Cleanspark from $25.00 to $22.00 and set a “buy” rating on the stock in a report on Wednesday, November 26th. Macquarie lowered their target price on shares of Cleanspark from $30.00 to $27.00 and set an “outperform” rating on the stock in a research report on Wednesday, November 26th. HC Wainwright reduced their price target on shares of Cleanspark from $30.00 to $27.00 and set a “buy” rating for the company in a research report on Wednesday, November 26th. Finally, Chardan Capital reissued a “buy” rating and set a $30.00 price target on shares of Cleanspark in a research note on Wednesday, January 7th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, Cleanspark currently has a consensus rating of “Buy” and a consensus price target of $23.06.

Cleanspark Trading Down 4.6%

Shares of CLSK stock opened at $12.73 on Thursday. The business’s fifty day moving average price is $12.40 and its 200 day moving average price is $12.99. The firm has a market capitalization of $3.25 billion, a PE ratio of 11.47 and a beta of 3.47. The company has a debt-to-equity ratio of 0.30, a current ratio of 4.18 and a quick ratio of 4.18. Cleanspark has a 1-year low of $6.45 and a 1-year high of $23.61.

Hedge Funds Weigh In On Cleanspark

Several hedge funds have recently bought and sold shares of CLSK. Nisa Investment Advisors LLC lifted its position in shares of Cleanspark by 3.6% in the fourth quarter. Nisa Investment Advisors LLC now owns 56,466 shares of the company’s stock valued at $571,000 after acquiring an additional 1,960 shares in the last quarter. Hennion & Walsh Asset Management Inc. increased its position in Cleanspark by 48.3% during the 4th quarter. Hennion & Walsh Asset Management Inc. now owns 83,528 shares of the company’s stock worth $845,000 after purchasing an additional 27,220 shares in the last quarter. Synergy Asset Management LLC acquired a new position in Cleanspark in the 4th quarter valued at about $127,000. Congress Asset Management Co. lifted its holdings in Cleanspark by 3.0% in the 4th quarter. Congress Asset Management Co. now owns 359,264 shares of the company’s stock valued at $3,636,000 after purchasing an additional 10,319 shares in the last quarter. Finally, SG Americas Securities LLC lifted its holdings in Cleanspark by 739.7% in the 4th quarter. SG Americas Securities LLC now owns 1,128,257 shares of the company’s stock valued at $11,418,000 after purchasing an additional 993,900 shares in the last quarter. Hedge funds and other institutional investors own 43.12% of the company’s stock.

Insider Transactions at Cleanspark

In related news, Director Thomas Leigh Wood sold 85,315 shares of Cleanspark stock in a transaction that occurred on Tuesday, December 23rd. The stock was sold at an average price of $11.69, for a total transaction of $997,332.35. Following the completion of the transaction, the director directly owned 41,421 shares in the company, valued at $484,211.49. The trade was a 67.32% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Amanda Cavaleri sold 33,000 shares of the company’s stock in a transaction that occurred on Thursday, December 4th. The shares were sold at an average price of $15.02, for a total value of $495,660.00. Following the completion of the sale, the director directly owned 107,289 shares in the company, valued at approximately $1,611,480.78. The trade was a 23.52% decrease in their position. The SEC filing for this sale provides additional information. Insiders own 2.65% of the company’s stock.

Key Cleanspark News

Here are the key news stories impacting Cleanspark this week:

• Positive Sentiment: CleanSpark announced a definitive agreement to acquire up to 447 acres in Brazoria County, TX, plus a long‑term transmission extension enabling up to a 300 MW demand load (expandable to 600 MW). This materially expands the company’s addressable market into AI/HPC data centers and was the primary catalyst for recent buying. CleanSpark Expands Texas Footprint (PR Newswire)
• Positive Sentiment: Institutional support: J.P. Morgan remains overweight and cites potential AI inference use cases at the Texas sites — a vote of confidence from a major bank that likely underpinned the earlier rally. J.P. Morgan stays overweight (Yahoo Finance)
• Positive Sentiment: Analyst upgrade/initiation: Northland (Capmk) initiated/issued a “Strong‑Buy” and published multi‑quarter model updates, which reinforced bullish sentiment among momentum traders. Northland Initiates Coverage (American Banking News)
• Neutral Sentiment: Media and market commentary pushed a short‑term price target narrative (e.g., Forbes suggesting a move toward $15) and broad coverage of the land deal; that amplified volume and volatility but is secondary to the underlying deal and analyst views. CLSK Stock Headed To $15? (Forbes)
• Negative Sentiment: Profit‑taking and heavy selling pressure after the initial pop: intraday volume spiked well above average and the stock gave back gains, driving today’s decline as traders pared positions. CleanSpark Stock Slides (Zacks)
• Negative Sentiment: Fundamentals remain mixed: Northland’s published quarterly/annual estimates still show multi‑quarter losses for FY2026–FY2027, highlighting that the development plan is capital‑intensive and earnings improvements will take time. That longer‑term profit outlook can cap valuation until projects become revenue‑generating. Cleanspark analyst estimates (MarketBeat)

Cleanspark Company Profile

CleanSpark, Inc (NASDAQ: CLSK) is a leading energy software and services company specializing in advanced microgrid controls and distributed energy resource (DER) management. The firm develops proprietary software platforms designed to optimize power flows across on-grid and off-grid installations, integrating renewable generation, battery storage, and traditional generation assets. CleanSpark’s technology is used by utilities, commercial and industrial enterprises, and remote facilities seeking to enhance energy resilience, reduce operating costs, and achieve sustainability goals.

In addition to its core software offerings, CleanSpark provides end-to-end engineering, procurement and construction (EPC) services.