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CLSK

CleanSpark, Inc.

CLSK

NASDAQ·Financial Services·Financial - Capital Markets·Mkt cap $3.3B

$12.69

+0.87%

P/E

-22.48

Mkt Cap

$3.3B

52-Wk Range

$8.00–$23.61

52-Week Range

$8.00 - $23.61

P/E

-22.48

Fwd P/E

-3.45

Beta

3.85

Div Yield

0.00%

Avg Vol

22.0M

Shares Out

255.8M

Mkt Cap

$3.3B

Price action

Price chart

Up 38.4% over the trailing year

Total returns

Price performance

Total return across standard periods - splits & dividends adjusted by FMP. Periods longer than 1Y show annualized in the tooltip.

Why we rate it this way

The thesis at a glance

Bull and bear case · plain-English context across the five lenses we evaluate.

Bull Case

5 reasons

  • Proprietary energy management and microgrid optimization platforms with established customer base
  • Integrated business model combining mining operations with energy technology expertise
  • Government and military contracts providing stable, recurring revenue streams
  • Gasification technology and advanced energy storage capabilities
  • Established infrastructure and technical consulting capabilities in distributed energy systems

Bear Case

1 risk

  • Very high volatility (beta 3.9). Expect 3x market swings. Position size accordingly.

Growth

Revenue decline expected

Increasing institutional adoption of bitcoin and cryptocurrency mining

Value

Deep value opportunity - significant discount to sector peers

Momentum

Falling

-23.2% over 3m

Quality

Loss-making

Mixed fundamentals

Dividend

None

No dividend

Earnings track record

Recent earnings results

AI-summarized recap of last quarter, plus the surprise on every print.

Next: Nov 24, 2026

Q3 26 RECAP

AUG 6, 2026

Reported EPS of -$0.89 vs -$0.47 consensus (-88.4% surprise). Revenue of $138.0M vs $142.4M expected (-3.1%).

EPS miss
Revenue miss

EPS surprise · last 4Q

0 of 1 beats

Estimate

Actual

Q3 26

-88.4%

Revenue trend · last 8Q

+120%

+63%

+91%

+151%

+12%

-31%

Q3 24

Q4 24

Q1 24

Q2 25

Q3 25

Q4 25

Q1 25

Q3 26

$104.1M

$89.3M

$162.3M

$181.7M

$198.6M

$223.7M

$181.2M

$138.0M

Margins · last 8Q

Gross

38.1%

Operating

-168.4%

Profit

-173.8%

Wall Street consensus

10 analysts · 100% Buy

Live ratings and price targets aggregated across covering analysts.

Buy

10

100%

Hold

0%

Sell

0%

Median Price Target

Latest: B. Riley · Aug 3, 2026

vs Industry

How CLSK stacks vs Financial - Capital Markets

Stock metrics vs industry averages. Green = better than industry.

Industry comparison data unavailable for this stock.