Cleanspark, Inc. (NASDAQ:CLSK) Given Consensus Rating of “Moderate Buy” by Brokerages

Shares of Cleanspark, Inc. (NASDAQ:CLSK) have earned a consensus recommendation of “Moderate Buy” from the fifteen analysts that are currently covering the stock, MarketBeat reports. One investment analyst has rated the stock with a sell recommendation, one has given a hold recommendation, twelve have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average 1-year target price among analysts that have issued a report on the stock in the last year is $21.1346.

A number of research firms have issued reports on CLSK. Needham & Company LLC cut their price target on Cleanspark from $25.00 to $19.00 and set a “buy” rating for the company in a research note on Friday. B. Riley Financial dropped their target price on Cleanspark from $25.00 to $22.00 and set a “buy” rating on the stock in a report on Wednesday, November 26th. Northland Securities started coverage on Cleanspark in a research report on Tuesday, January 13th. They set an “outperform” rating and a $22.50 target price on the stock. Weiss Ratings reiterated a “hold (c-)” rating on shares of Cleanspark in a report on Monday, December 29th. Finally, JPMorgan Chase & Co. upgraded Cleanspark from a “neutral” rating to an “overweight” rating and set a $14.00 price objective on the stock in a research note on Monday, November 24th.

Cleanspark Stock Up 21.9%

Shares of NASDAQ CLSK opened at $10.08 on Friday. The company has a debt-to-equity ratio of 0.30, a current ratio of 4.18 and a quick ratio of 4.18. The company has a 50-day moving average price of $12.32 and a 200-day moving average price of $12.98. The stock has a market capitalization of $2.58 billion, a P/E ratio of -9.42 and a beta of 3.47. Cleanspark has a 1 year low of $6.45 and a 1 year high of $23.61.

Insider Activity

In related news, Director Amanda Cavaleri sold 33,000 shares of the firm’s stock in a transaction dated Thursday, December 4th. The shares were sold at an average price of $15.02, for a total transaction of $495,660.00. Following the transaction, the director directly owned 107,289 shares of the company’s stock, valued at $1,611,480.78. This trade represents a 23.52% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Thomas Leigh Wood sold 85,315 shares of the company’s stock in a transaction dated 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 sale, the director directly owned 41,421 shares of the company’s stock, valued at $484,211.49. The trade was a 67.32% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 2.08% of the company’s stock.

Institutional Investors Weigh In On Cleanspark

A number of hedge funds have recently modified their holdings of the stock. Integrated Wealth Concepts LLC purchased a new stake in Cleanspark in the first quarter worth $68,000. Caxton Associates LLP purchased a new position in shares of Cleanspark during the 1st quarter valued at $169,000. United Services Automobile Association bought a new position in shares of Cleanspark during the 1st quarter worth $125,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its stake in shares of Cleanspark by 16.8% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 598,994 shares of the company’s stock worth $4,025,000 after acquiring an additional 86,229 shares during the period. Finally, Strs Ohio purchased a new stake in Cleanspark in the 1st quarter worth about $38,000. Institutional investors own 43.12% of the company’s stock.

Key Stories Impacting Cleanspark

Here are the key news stories impacting Cleanspark this week:

• Positive Sentiment: Operations & liquidity — CleanSpark produced 573 BTC in January and sold about $14.6M of BTC to fund operations, a sign of ongoing mining output and cash-generation actions that support near-term liquidity. Article Title
• Positive Sentiment: AI & power expansion — The company reported it secured up to 890 MW of new utility-grade power capacity and is advancing a multi-gigawatt AI infrastructure platform, which supports its strategic pivot beyond bitcoin mining and could drive future revenue diversification. Article Title
• Neutral Sentiment: Analyst price-target adjustments — Needham cut its target from $25 to $19 but kept a buy rating; Chardan trimmed its target from $30 to $16 and also remains constructive. These cuts temper upside expectations but leave institutional support intact. Article Title
• Neutral Sentiment: Earnings call transcripts published — Management commentary from the Q1 call is available (transcripts on Seeking Alpha/MSN/Yahoo) for investors who want details on margins, capex, BTC strategy and the AI buildout. Article Title
• Negative Sentiment: Q1 results missed expectations — CleanSpark reported revenue of ~$181.2M (below ~ $200M consensus) and an EPS loss that was wider than expected, prompting after-hours weakness. The miss highlights near-term pressure from bitcoin price declines and execution/cost dynamics. Article Title
• Negative Sentiment: Analyst/sector downgrades tied to bitcoin pain — Commentary and at least one sector downgrade noted that “the economics are shifting with bitcoin crashing,” increasing near-term risk to mining profitability if BTC prices remain depressed. Article Title

About Cleanspark

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.