CleanSpark, Inc. (CLSK)

US — Technology Sector
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Key Metrics & Ratings

  • symbol CLSK
  • Rev/Share 2.6952
  • Book/Share 7.6501
  • PB 1.8157
  • Debt/Equity 0.379
  • CurrentRatio 4.1805
  • ROIC 0.0756

 

  • MktCap 3919035789.0
  • FreeCF/Share -2.1303
  • PFCF -6.4703
  • PE 10.8359
  • Debt/Assets 0.259
  • DivYield 0
  • ROE 0.1771

 

  • Rating A-
  • Score 4
  • Recommendation Buy
  • P/E Score 3
  • DCF Score 3
  • P/B Score 4
  • D/E Score 2

Recent Analyst Ratings

Type Ticker Analyst Firm Previous Rating Current Rating Previous Price Target Current Price Target Date
Reiterated CLSK Needham -- Buy $23 $25 Nov. 26, 2025
Upgrade CLSK JP Morgan Neutral Overweight -- $14 Nov. 24, 2025
Downgrade CLSK JP Morgan Overweight Neutral -- $14 Sept. 26, 2025
Initiation CLSK Ladenburg Thalmann -- Buy -- $20.25 July 28, 2025
Initiation CLSK B. Riley Securities -- Buy -- $16 July 1, 2025
Resumed CLSK Chardan Capital Markets -- Buy -- $20 May 21, 2025
Initiation CLSK Needham -- Buy -- $20 Feb. 12, 2025
Initiation CLSK Keefe Bruyette -- Outperform -- $19 Jan. 27, 2025
Upgrade CLSK JP Morgan Neutral Overweight $10.5 $17 Dec. 10, 2024
Initiation CLSK Macquarie -- Outperform -- $20 Sept. 25, 2024

News

Cleanspark, Inc. (CLSK) Is a Trending Stock: Facts to Know Before Betting on It
CLSK
Published: December 05, 2025 by: Zacks Investment Research
Sentiment: Positive

CleanSpark (CLSK) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.

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image for news Cleanspark, Inc. (CLSK) Is a Trending Stock: Facts to Know Before Betting on It
CleanSpark Bets Big on AI Compute: Will Diversification Drive Upside?
CLSK
Published: December 03, 2025 by: Zacks Investment Research
Sentiment: Neutral

CLSK accelerates its pivot into AI and HPC, leveraging vast power assets and new campuses to build a steadier, higher-margin digital infrastructure model.

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image for news CleanSpark Bets Big on AI Compute: Will Diversification Drive Upside?
CleanSpark Releases November 2025 Bitcoin Mining Update
CLSK
Published: December 03, 2025 by: PRNewsWire
Sentiment: Neutral

Mined 587 bitcoin and increased contracted power by nearly 11% during the month Reported transformative fiscal year 2025 results with more than $766 million in revenue Announced closing of upsized $1.15 billion zero-coupon convertible notes offering LAS VEGAS , Dec. 3, 2025 /PRNewswire/ -- CleanSpark, Inc. (Nasdaq: CLSK), America's Bitcoin Miner® (the "Company"), today released its unaudited Bitcoin mining and operations update for the month ended November 30, 2025. "CleanSpark's progress this year reflects what's possible when a team believes in a shared mission.

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image for news CleanSpark Releases November 2025 Bitcoin Mining Update
WULF vs. CLSK: Which Bitcoin Miner Has Better Upside Potential?
CLSK, WULF
Published: November 28, 2025 by: Zacks Investment Research
Sentiment: Positive

CLSK's strong fiscal gains and AI buildout outshine WULF's heavy losses and leverage, making it the superior bet.

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image for news WULF vs. CLSK: Which Bitcoin Miner Has Better Upside Potential?
Gold, Crypto, Wine, Art. Invest In Collectibles Via These 3 Overlooked and Undervalued Stocks.
CLSK, FNKO, SSRM
Published: November 28, 2025 by: 24/7 Wall Street
Sentiment: Positive

The alternative asset space is one that's hard to define. Some investors view companies in private equity, real estate, or digital asset sectors as the best way to invest outside of the traditional system.

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image for news Gold, Crypto, Wine, Art. Invest In Collectibles Via These 3 Overlooked and Undervalued Stocks.
CleanSpark's Comeback Is Just Starting
CLSK
Published: November 28, 2025 by: Seeking Alpha
Sentiment: Positive

CleanSpark rebounded after a 50% drop, with Q4 revenue up 13% sequentially and normalized EBITDA reaching $97 million. FY25 results delivered $766.3 million in revenue and 55% gross margins, with Bitcoin mined at a $43k cost and sold near $98k. The company now controls 1.28 GW of power and has 250 MW immediately HPC-ready at Sandersville for hyperscaler deployment.

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image for news CleanSpark's Comeback Is Just Starting
CLSK vs. MSTR: Which Bitcoin-Linked Stock Has Better Upside Potential?
CLSK, MSTR
Published: November 27, 2025 by: Zacks Investment Research
Sentiment: Positive

CleanSpark's faster growth, lower valuation and AI-HPC pivot give it an edge over Strategy in this Bitcoin-linked matchup.

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image for news CLSK vs. MSTR: Which Bitcoin-Linked Stock Has Better Upside Potential?
Under30: CleanSpark Pivot to Data Center Business Model
CLSK
Published: November 26, 2025 by: Schwab Network
Sentiment: Positive

George Tsilis examines CleanSpark (CLSK) after earnings as the company begins to transition from a primarily bitcoin-mining operations outfit to become a data center compute power provider. He names IREN (IREN), Applied Digital (APLD) and others as representative of a broader trend in the crypto-mining space.

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image for news Under30: CleanSpark Pivot to Data Center Business Model
Top Stocks with Earnings This Week: Alibaba, CleanSpark and More
BABA, CLSK
Published: November 24, 2025 by: Benzinga
Sentiment: Neutral

The current earnings season is winding down, but there are still some big names reporting during the holiday-shortened week.

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image for news Top Stocks with Earnings This Week: Alibaba, CleanSpark and More
Why Did CLSK Stock Crash 50%?
CLSK
Published: November 24, 2025 by: Forbes
Sentiment: Negative

CleanSpark stock (NASDAQ: CLSK) has decreased by approximately 50% over the past month due to three main reasons: a substantial convertible note offering, fluctuations in Bitcoin prices, and an overall negative market sentiment.

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image for news Why Did CLSK Stock Crash 50%?
CleanSpark to Report Q4 Earnings: What's in Store for the Stock?
CLSK
Published: November 21, 2025 by: Zacks Investment Research
Sentiment: Positive

CLSK's Q4 revenues and earnings are likely to reflect strong growth, mainly benefiting from the company's rising power capacity and stronger mining output.

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image for news CleanSpark to Report Q4 Earnings: What's in Store for the Stock?
Can CleanSpark's Data Center Push Unlock New AI Revenue Streams?
CLSK
Published: November 19, 2025 by: Zacks Investment Research
Sentiment: Positive

CLSK pivots from pure Bitcoin mining to build AI-ready data centers, aiming to unlock long-term growth through diversified digital infrastructure.

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image for news Can CleanSpark's Data Center Push Unlock New AI Revenue Streams?
CleanSpark Stock Down 30% in a Week: Should You Stay Invested or Exit?
CLSK
Published: November 18, 2025 by: Zacks Investment Research
Sentiment: Neutral

CLSK's 30% decline follows its $1.15B convertible note offering. Yet, share buybacks, AI-HPC pivot and strong Q3 results highlight its longer-term potential.

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image for news CleanSpark Stock Down 30% in a Week: Should You Stay Invested or Exit?
CleanSpark (CLSK) Sees a More Significant Dip Than Broader Market: Some Facts to Know
CLSK
Published: November 17, 2025 by: Zacks Investment Research
Sentiment: Neutral

CleanSpark (CLSK) closed at $10.61 in the latest trading session, marking a -3.19% move from the prior day.

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image for news CleanSpark (CLSK) Sees a More Significant Dip Than Broader Market: Some Facts to Know
Wall Street Analysts See CleanSpark (CLSK) as a Buy: Should You Invest?
CLSK
Published: November 14, 2025 by: Zacks Investment Research
Sentiment: Negative

The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.

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image for news Wall Street Analysts See CleanSpark (CLSK) as a Buy: Should You Invest?
CleanSpark Secures $1.15B, Stock Drops—Here's Why It's an Opportunity
CLSK
Published: November 12, 2025 by: MarketBeat
Sentiment: Positive

The Bitcoin miner announced it had successfully priced an upsized $1.15 billion capital raise, a move designed to fuel its aggressive expansion. Yet, in the following trading session, its stock fell 6.55% to close at $14.05 on heavy volume of over 75 million shares.

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image for news CleanSpark Secures $1.15B, Stock Drops—Here's Why It's an Opportunity
CleanSpark Enters Texas Market with Land and Large-Scale Power Acquisition to Rapidly Deploy an AI Data Center in Greater Houston
CLSK
Published: October 29, 2025 by: PRNewsWire
Sentiment: Neutral

Acquisition increases power under contract by 28% 271-acre site is positioned on a major fiber backbone with 285 MW of power to anchor CleanSpark's expansion into high-performance compute and AI infrastructure LAS VEGAS , Oct. 29, 2025 /PRNewswire/ -- CleanSpark, Inc. (Nasdaq: CLSK), America's Bitcoin Miner® ("CleanSpark" or the "Company"), announced today it has acquired the rights to approximately 271 acres of land in Austin County, Texas, and executed long-term power supply agreements totaling 285 megawatts to support the development of a next-generation data center campus (collectively, the "Transactions"). The Transactions position CleanSpark to deliver scalable, resilient, and energy-efficient capacity …

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image for news CleanSpark Enters Texas Market with Land and Large-Scale Power Acquisition to Rapidly Deploy an AI Data Center in Greater Houston
Halper Sadeh LLC Encourages CleanSpark, Inc. Shareholders to Contact the Firm to Discuss Their Rights
CLSK
Published: October 22, 2025 by: Business Wire
Sentiment: Neutral

NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether certain officers and directors of CleanSpark, Inc. (NASDAQ: CLSK) breached their fiduciary duties to shareholders. If you currently own CleanSpark stock and acquired shares on or before December 10, 2020, you may be able to seek corporate governance reforms, the return of funds back to the company, a court-approved financial incentive award, or other relief and benefits. Please click here to learn.

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image for news Halper Sadeh LLC Encourages CleanSpark, Inc. Shareholders to Contact the Firm to Discuss Their Rights
These 2 Finance Stocks Could Beat Earnings: Why They Should Be on Your Radar
CLSK, HCI
Published: October 16, 2025 by: Zacks Investment Research
Sentiment: Positive

Why investors should use the Zacks Earnings ESP tool to help find stocks that are poised to top quarterly earnings estimates.

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image for news These 2 Finance Stocks Could Beat Earnings: Why They Should Be on Your Radar
CleanSpark: The Energy Giant Disguised As A Miner
CLSK
Published: October 14, 2025 by: Seeking Alpha
Sentiment: Neutral

CleanSpark reported $198.6 million in Q3 2025 revenue, up 91% YoY, with net income of $257 million ($0.90/share). The company operates 50 EH/s, representing 5.8% of global Bitcoin network power, supported by 1 GW of contracted energy capacity. Average power cost fell to $0.056/kWh, and cost per Bitcoin mined was $44,806, less than half industry average.

Read More
image for news CleanSpark: The Energy Giant Disguised As A Miner
CleanSpark Releases September 2025 Bitcoin Mining Update
CLSK
Published: October 03, 2025 by: PRNewsWire
Sentiment: Neutral

Bitcoin treasury grows to over 13,000 and achieves year over year increases of more than 27% in monthly production and 26% in fleet efficiency Concluded transformative fiscal year with record milestones, strategic acquisitions andenhanced financial flexibility LAS VEGAS , Oct. 3, 2025 /PRNewswire/ -- CleanSpark, Inc. (Nasdaq: CLSK), America's Bitcoin Miner® (the "Company"), today released its unaudited Bitcoin mining and operations update for the month ended September 30, 2025. "September was monumental for CleanSpark as we strengthened our leadership team with key C-suite appointments and expanded our Bitcoin-backed credit line by $200 million in capacity," said Matt Schultz, CleanSpark's Chief …

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image for news CleanSpark Releases September 2025 Bitcoin Mining Update
CleanSpark: Up 40% In Two Months, But The HPC-Driven Runway May Just Be Starting
CLSK
Published: October 03, 2025 by: Seeking Alpha
Sentiment: Positive

CleanSpark has surged 40% in two months, reaching my prior $15 target, yet momentum remains strong with new $100M credit for HPC expansion. CLSK's pivot to high-processing computing diversifies revenue, reduces Bitcoin dependency, and positions the company for growth in the booming cloud computing market. Recent results show 90% YoY revenue growth, strong profitability, and continued mining expansion, while favorable crypto seasonality and pro-crypto policies provide tailwinds.

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image for news CleanSpark: Up 40% In Two Months, But The HPC-Driven Runway May Just Be Starting
CleanSpark: Additional Financing To Drive Greater Mining Capacity
CLSK
Published: September 23, 2025 by: Seeking Alpha
Sentiment: Positive

CleanSpark, Inc. remains a compelling Buy, benefiting from surging Bitcoin prices and significant expansion in mining capacity. CLSK boasts a crypto-rich balance sheet and recently secured a $100M credit facility from Coinbase to further boost its hash rate and production. Despite rising mining costs and share dilution, CLSK maintains strong gross margins and trades at an attractive 8.7x EV/adjusted EBITDA multiple.

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image for news CleanSpark: Additional Financing To Drive Greater Mining Capacity
CleanSpark: Buy The CLSK Stock Rally Before It's Too Late?
CLSK
Published: September 19, 2025 by: Forbes
Sentiment: Positive

CleanSpark stock (NASDAQ:CLSK) has seen a sharp rise, gaining over 40% in the past month. This surge comes after the company reported a 38% increase in bitcoins mined during August, driven by a significant boost in its operational hashrate, which reached 50 EH/s (Exahashes per second)—a critical measure of computing power on the Bitcoin network.

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image for news CleanSpark: Buy The CLSK Stock Rally Before It's Too Late?
Should You Invest in CleanSpark (CLSK) Based on Bullish Wall Street Views?
CLSK
Published: September 09, 2025 by: Zacks Investment Research
Sentiment: Positive

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?

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image for news Should You Invest in CleanSpark (CLSK) Based on Bullish Wall Street Views?
CleanSpark Strengthens Leadership Team with Strategic Appointments to Drive Innovation and Power the Next Phase of Growth
CLSK
Published: September 08, 2025 by: PRNewsWire
Sentiment: Neutral

Gary A. Vecchiarelli, Scott Garrison, Taylor Monnig, and Harry Sudock are transitioning to new and expanded C-Suite leadership roles LAS VEGAS , Sept. 8, 2025 /PRNewswire/ -- CleanSpark, Inc. (Nasdaq: CLSK), America's Bitcoin Miner® (the "Company"), today announced a strategic realignment of its leadership team, with several key internal appointments and transitions to accelerate innovation, drive diversified growth, and strengthen the Company's long-term strategic trajectory.

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image for news CleanSpark Strengthens Leadership Team with Strategic Appointments to Drive Innovation and Power the Next Phase of Growth
Cleanspark Share Price Dips 8% Despite Strong Q3 Earnings Growth
CLSK
Published: August 12, 2025 by: Zacks Investment Research
Sentiment: Positive

CLSK shares plunge 8% despite fiscal third-quarter earnings swinging to profit and revenue surging nearly 91% year over year.

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image for news Cleanspark Share Price Dips 8% Despite Strong Q3 Earnings Growth
CleanSpark Appoints Matt Schultz CEO
CLSK
Published: August 11, 2025 by: PRNewsWire
Sentiment: Neutral

Board accepts Zachary Bradford's resignation as chief executive officer and director of CleanSpark LAS VEGAS , Aug. 11, 2025 /PRNewswire/ -- CleanSpark, Inc. (Nasdaq: CLSK) (the "Company"), America's Bitcoin Miner®, has named Matt Schultz, co-founder, executive chairman and former CEO of CleanSpark as CEO, effective immediately following the resignation of Zachary Bradford as an officer and director of the Company. Schultz founded CleanSpark and previously served as CEO and is currently Executive Chairman.

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image for news CleanSpark Appoints Matt Schultz CEO
CleanSpark, Inc. (CLSK) Q3 2025 Earnings Call Transcript
CLSK
Published: August 08, 2025 by: Seeking Alpha
Sentiment: Neutral

CleanSpark, Inc. (NASDAQ:CLSK ) Q3 2025 Earnings Conference Call August 7, 2025 4:30 PM ET Company Participants v - Corporate Participant c - Corporate Participant g - Corporate Participant s - Corporate Participant e - Corporate Participant Gary A. Vecchiarelli - Chief Financial Officer Harry Sudock - Corporate Participant Zachary K.

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image for news CleanSpark, Inc. (CLSK) Q3 2025 Earnings Call Transcript
Best Momentum Stock to Buy for August 8th
APG, CLSK, RIGL
Published: August 08, 2025 by: Zacks Investment Research
Sentiment: Positive

RIGL, APG and CLSK made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on August 8, 2025.

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image for news Best Momentum Stock to Buy for August 8th

About CleanSpark, Inc. (CLSK)

  • IPO Date 2016-11-16
  • Website https://www.cleanspark.com
  • Industry Software - Application
  • CEO S. Matthew Schultz
  • Employees 256

CleanSpark, Inc. provides bitcoin mining and energy technology solutions worldwide. It operates in two segments, Digital Currency Mining and Energy. The Digital Currency Mining segment engages in mining of bitcoin. The energy segment provides engineering, design and software, custom hardware, open automated demand response, solar, and energy storage solutions for microgrids and distributed energy systems to military, commercial, and residential customers; and develops platforms that enables designing, building, operating, and managing of energy assets. This segment also offers microgrid energy modeling, energy market communications, and energy management solutions comprising mPulse and mVoult, which are control platforms that enables integration and optimization of multiple energy sources; Canvas, a middleware for grid operators and aggregators to administrate load shifting programs; Plaid, a middleware for controls and Internet-of-Things products companies to participate in load shifting programs; and mVSO, an energy modeling software for internal microgrid design, as well as owns gasification energy technologies for various applications, such as feedstock for the generation of di-methyl ether. In addition, it provides design, software development, and other technology-based consulting services; data center services, including rack space, power, and equipment; and various cloud services, such as virtual, virtual storage, and data backup services. 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.