CleanSpark (CLSK) Stock Forecast, Price Target & Predictions
CLSK Stock Forecast
CleanSpark stock forecast is as follows: an average price target of $25.33 (represents a 170.04% upside from CLSK’s last price of $9.38) and a rating consensus of 'Buy', based on 9 wall street analysts offering a 1-year stock forecast.
CLSK Price Target
CLSK Analyst Ratings
CleanSpark Price Target by Analyst
Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
---|---|---|---|---|---|---|
Jun 28, 2024 | Mike Colonnese | H.C. Wainwright | $27.00 | $16.05 | 68.22% | 187.85% |
Jun 10, 2024 | Brett Knoblauch | Cantor Fitzgerald | $27.00 | $15.70 | 71.97% | 187.85% |
Mar 19, 2024 | Gregory Lewis | BTIG | $22.00 | $16.49 | 33.41% | 134.54% |
Jul 30, 2022 | Mike Colonnese | H.C. Wainwright | $6.00 | $3.99 | 50.38% | -36.03% |
CleanSpark Price Target by Period
1M | 3M | 12M | |
---|---|---|---|
# Anlaysts | - | 1 | 3 |
Avg Price Target | - | $27.00 | $25.33 |
Last Closing Price | $9.38 | $9.38 | $9.38 |
Upside/Downside | -100.00% | 187.85% | 170.04% |
Analyst Ratings Upgrades/Downgrades
Date | Company | Previous Rating | New Rating | Rating Change |
---|---|---|---|---|
Sep 12, 2024 | H.C. Wainwright | Buy | Buy | Hold |
Aug 12, 2024 | Cantor Fitzgerald | Overweight | Overweight | Hold |
Aug 12, 2024 | Barclays | Overweight | Overweight | Hold |
Aug 12, 2024 | Deutsche Bank | - | Buy | Upgrade |
Aug 12, 2024 | Canaccord Genuity | Hold | Hold | Hold |
Aug 12, 2024 | Piper Sandler | - | Overweight | Upgrade |
Aug 12, 2024 | H.C. Wainwright | Buy | Buy | Hold |
Jul 03, 2024 | Cantor Fitzgerald | Overweight | Overweight | Hold |
Jun 28, 2024 | J.P. Morgan | Buy | Buy | Hold |
Jun 28, 2024 | H.C. Wainwright | Underperform | Underperform | Hold |
CleanSpark Financial Forecast
CleanSpark Revenue Forecast
Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | - | - | - | - | - | - | - | - | - | - | - | $73.79M | $51.76M | $45.38M | $42.55M | $27.82M | $26.17M | $31.03M | $41.64M | $41.24M | $27.14M | $11.92M | $8.12M | $2.26M | $1.95M | $3.44M | $3.66M | $976.82K | $2.32M | $1.22M |
Avg Forecast | $400.59M | $344.89M | $296.93M | $255.64M | $224.70M | $190.38M | $149.89M | $122.57M | $96.26M | $110.88M | $106.62M | $71.03M | $53.76M | $45.70M | $41.82M | $29.52M | $27.09M | $34.53M | $42.49M | $41.37M | $23.25M | $11.92M | $8.76M | $2.83M | $2.13M | $3.44M | $2.31M | $775.00K | $2.24M | $1.22M |
High Forecast | $423.13M | $364.29M | $313.64M | $270.03M | $237.35M | $201.09M | $158.32M | $129.47M | $105.63M | $117.12M | $112.61M | $76.99M | $56.43M | $48.27M | $44.18M | $31.18M | $28.61M | $38.60M | $47.51M | $46.25M | $26.00M | $13.33M | $9.80M | $3.16M | $2.38M | $3.84M | $2.58M | $866.45K | $2.50M | $1.37M |
Low Forecast | $375.68M | $323.44M | $278.46M | $239.74M | $210.73M | $178.54M | $140.57M | $114.95M | $86.88M | $103.99M | $99.99M | $65.05M | $51.08M | $42.85M | $39.22M | $27.68M | $25.40M | $30.96M | $38.10M | $37.10M | $20.85M | $10.69M | $7.86M | $2.53M | $1.91M | $3.08M | $2.07M | $694.92K | $2.01M | $1.10M |
# Analysts | 1 | 1 | 1 | - | - | - | - | 1 | 2 | 1 | 1 | 2 | 5 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 3 | 3 | 3 |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | 1.04% | 0.96% | 0.99% | 1.02% | 0.94% | 0.97% | 0.90% | 0.98% | 1.00% | 1.17% | 1.00% | 0.93% | 0.80% | 0.92% | 1.00% | 1.59% | 1.26% | 1.04% | 1.00% |
CleanSpark EBITDA Forecast
Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 1 | 1 | 1 | - | - | - | - | 1 | 2 | 1 | 1 | 2 | 5 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 3 | 3 | 3 |
EBITDA | - | - | - | - | - | - | - | - | - | - | - | $56.03M | $-3.86M | $7.06M | $2.70M | $-8.88M | $-11.70M | $9.58M | $15.24M | $22.24M | $-277.76K | $-12.92M | $9.66M | $-6.04M | $-6.41M | $-728.29K | $-3.20M | $320.86K | $-8.76M | $-1.51M |
Avg Forecast | $-145.49M | $-125.25M | $-107.84M | $-92.84M | $-81.61M | $-69.14M | $-54.44M | $-44.51M | $-34.96M | $-40.27M | $-38.72M | $-25.80M | $-19.52M | $-16.60M | $-15.19M | $-10.72M | $-9.84M | $-12.54M | $20.86M | $-15.02M | $-8.45M | $-4.33M | $-3.18M | $-1.03M | $-772.47K | $-1.25M | $-2.99M | $433.15K | $-813.15K | $-444.16K |
High Forecast | $-136.44M | $-117.47M | $-101.13M | $-87.07M | $-76.53M | $-64.84M | $-51.05M | $-41.75M | $-31.55M | $-37.77M | $-36.31M | $-23.63M | $-18.55M | $-15.56M | $-14.24M | $-10.05M | $-9.23M | $-11.24M | $25.03M | $-13.47M | $-7.57M | $-3.88M | $-2.85M | $-920.28K | $-692.65K | $-1.12M | $-2.39M | $519.78K | $-729.13K | $-398.27K |
Low Forecast | $-153.67M | $-132.30M | $-113.91M | $-98.07M | $-86.20M | $-73.03M | $-57.50M | $-47.02M | $-38.36M | $-42.54M | $-40.90M | $-27.96M | $-20.50M | $-17.53M | $-16.04M | $-11.32M | $-10.39M | $-14.02M | $16.69M | $-16.80M | $-9.44M | $-4.84M | $-3.56M | $-1.15M | $-863.63K | $-1.40M | $-3.58M | $346.52K | $-909.10K | $-496.58K |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | -2.17% | 0.20% | -0.43% | -0.18% | 0.83% | 1.19% | -0.76% | 0.73% | -1.48% | 0.03% | 2.98% | -3.04% | 5.88% | 8.30% | 0.58% | 1.07% | 0.74% | 10.78% | 3.41% |
CleanSpark Net Income Forecast
Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 1 | 1 | 1 | - | - | - | - | 1 | 2 | 1 | 1 | 2 | 5 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 3 | 3 | 3 |
Net Income | - | - | - | - | - | - | - | - | - | - | - | $25.33M | $-74.88M | $-14.22M | $-18.46M | $-29.03M | $-45.62M | $-29.34M | $-3.56M | $14.43M | $-5.37M | $-16.68M | $7.40M | $-7.17M | $-7.06M | $-8.55M | $-5.82M | $-1.92M | $-12.10M | $-3.97M |
Avg Forecast | $-30.25M | $-26.09M | $-17.31M | $-18.47M | $2.00M | $-5.10M | $-11.81M | $-25.01M | $-37.90M | $-22.41M | $15.83M | $-59.04M | $-30.46M | $-38.87M | $-75.05M | $-137.95M | $-86.53M | $-34.30M | $-309.70K | $85.74M | $16.01M | $-72.09M | $86.58M | $-27.44M | $-54.87M | $-176.06M | $-5.43M | $-2.59M | $-388.69M | $-205.78M |
High Forecast | $-27.80M | $-23.98M | $-15.91M | $-16.98M | $2.15M | $-4.69M | $-10.85M | $-22.99M | $-35.67M | $-20.60M | $16.99M | $-52.71M | $-17.77M | $-35.73M | $-68.98M | $-126.79M | $-79.54M | $-29.69M | $-247.76K | $98.89M | $18.46M | $-62.41M | $103.90M | $-23.75M | $-47.50M | $-152.41M | $-4.34M | $-2.07M | $-336.48M | $-178.14M |
Low Forecast | $-32.46M | $-28.00M | $-18.57M | $-19.83M | $1.84M | $-5.47M | $-12.67M | $-26.84M | $-40.12M | $-24.05M | $14.55M | $-65.37M | $-43.14M | $-41.71M | $-80.54M | $-148.04M | $-92.86M | $-39.56M | $-371.63K | $74.22M | $13.86M | $-83.15M | $69.26M | $-31.65M | $-63.29M | $-203.06M | $-6.52M | $-3.10M | $-448.32M | $-237.35M |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | -0.43% | 2.46% | 0.37% | 0.25% | 0.21% | 0.53% | 0.86% | 11.51% | 0.17% | -0.34% | 0.23% | 0.09% | 0.26% | 0.13% | 0.05% | 1.07% | 0.74% | 0.03% | 0.02% |
CleanSpark SG&A Forecast
Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 1 | 1 | 1 | - | - | - | - | 1 | 2 | 1 | 1 | 2 | 5 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 3 | 3 | 3 |
SG&A | - | - | - | - | - | - | - | - | - | - | - | $6.58M | $9.77M | $13.24M | $17.83M | $16.36M | $21.30M | $11.16M | $14.63M | $14.09M | $10.67M | $15.31M | $6.96M | $7.06M | $8.35M | $2.69M | $2.98M | $3.09M | $2.76M | $2.35M |
Avg Forecast | $352.60M | $303.57M | $261.36M | $225.01M | $197.78M | $167.57M | $131.93M | $107.88M | $84.73M | $97.60M | $93.84M | $62.52M | $47.32M | $40.22M | $36.81M | $25.98M | $23.84M | $30.39M | $26.53M | $36.41M | $20.47M | $10.49M | $7.71M | $2.49M | $1.87M | $3.03M | $2.03M | $682.15K | $1.97M | $1.08M |
High Forecast | $372.44M | $320.65M | $276.06M | $237.67M | $208.91M | $177.00M | $139.36M | $113.95M | $92.97M | $103.09M | $99.12M | $67.77M | $49.67M | $42.48M | $38.88M | $27.45M | $25.19M | $33.98M | $31.84M | $40.71M | $22.88M | $11.73M | $8.62M | $2.78M | $2.09M | $3.38M | $2.27M | $762.65K | $2.20M | $1.20M |
Low Forecast | $330.67M | $284.69M | $245.10M | $211.02M | $185.48M | $157.15M | $123.73M | $101.17M | $76.47M | $91.53M | $88.01M | $57.26M | $44.96M | $37.72M | $34.52M | $24.37M | $22.36M | $27.25M | $21.22M | $32.65M | $18.35M | $9.41M | $6.92M | $2.23M | $1.68M | $2.71M | $1.82M | $611.66K | $1.77M | $965.24K |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | 0.11% | 0.21% | 0.33% | 0.48% | 0.63% | 0.89% | 0.37% | 0.55% | 0.39% | 0.52% | 1.46% | 0.90% | 2.84% | 4.46% | 0.89% | 1.46% | 4.52% | 1.40% | 2.18% |
CleanSpark EPS Forecast
Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 1 | 1 | 1 | - | - | - | - | 1 | 2 | 1 | 1 | 2 | 5 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 3 | 3 | 3 |
EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | $-0.12 | $-0.23 | $-0.44 | $-1.07 | $-0.71 | $-0.09 | $0.36 | $-0.16 | $-0.49 | $0.28 | $-0.32 | $-0.32 | $-0.77 | $-1.13 | $-0.40 | $-2.70 | $-0.90 |
Avg Forecast | $-0.13 | $-0.11 | $-0.08 | $-0.08 | $0.01 | $-0.02 | $-0.05 | $-0.11 | $-0.17 | $-0.10 | $0.07 | $-0.26 | $-0.13 | $-0.17 | $-0.33 | $-0.60 | $-0.38 | $-0.15 | $0.29 | $0.38 | $0.07 | $-0.32 | $-0.02 | $-0.12 | $-0.24 | $-0.77 | $-1.06 | $-1.14 | $-1.70 | $-0.90 |
High Forecast | $-0.12 | $-0.10 | $-0.07 | $-0.07 | $0.01 | $-0.02 | $-0.05 | $-0.10 | $-0.16 | $-0.09 | $0.07 | $-0.23 | $-0.08 | $-0.16 | $-0.30 | $-0.55 | $-0.35 | $-0.13 | $0.33 | $0.43 | $0.08 | $-0.27 | $-0.02 | $-0.10 | $-0.21 | $-0.67 | $-0.92 | $-0.99 | $-1.47 | $-0.78 |
Low Forecast | $-0.14 | $-0.12 | $-0.08 | $-0.09 | $0.01 | $-0.02 | $-0.06 | $-0.12 | $-0.18 | $-0.11 | $0.06 | $-0.29 | $-0.19 | $-0.18 | $-0.35 | $-0.65 | $-0.41 | $-0.17 | $0.25 | $0.32 | $0.06 | $-0.36 | $-0.03 | $-0.14 | $-0.28 | $-0.89 | $-1.22 | $-1.31 | $-1.96 | $-1.04 |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.71% | 0.70% | 0.73% | 2.83% | 4.73% | -0.30% | 0.96% | -2.25% | 1.55% | -12.67% | 2.67% | 1.33% | 1.00% | 1.07% | 0.35% | 1.59% | 1.00% |
CleanSpark Peer Comparison by Price Target
Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
---|---|---|---|---|---|
CLSK | CleanSpark | $9.38 | $25.33 | 170.04% | Buy |
CIFR | Cipher Mining | $3.09 | $7.90 | 155.66% | Buy |
RIOT | Riot Blockchain | $7.20 | $16.14 | 124.17% | Buy |
BTBT | Bit Digital | $2.87 | $6.00 | 109.06% | Buy |
BITF | Bitfarms | $2.04 | $4.26 | 108.82% | Buy |
MARA | Marathon Digital | $16.12 | $31.20 | 93.55% | Buy |
IREN | Iris Energy | $7.56 | $13.36 | 76.72% | Buy |
HIVE | HIVE Blockchain | $3.08 | $5.00 | 62.34% | Buy |
WULF | TeraWulf | $4.24 | $6.08 | 43.40% | Buy |
HUT | Hut 8 Mining | $11.24 | $15.70 | 39.68% | Buy |
SDIG | Stronghold Digital Mining | $4.61 | $6.25 | 35.57% | Hold |
CLSK Forecast FAQ
Is CleanSpark a good buy?
Yes, according to 9 Wall Street analysts, CleanSpark (CLSK) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 8 'Buy' recommendations, accounting for 88.89% of CLSK's total ratings.
What is CLSK's price target?
CleanSpark (CLSK) average price target is $25.33 with a range of $22 to $27, implying a 170.04% from its last price of $9.38. The data is based on 9 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will CleanSpark stock go up soon?
According to Wall Street analysts' prediction for CLSK stock, the company can go up by 170.04% (from the last price of $9.38 to the average price target of $25.33), up by 187.85% based on the highest stock price target, and up by 134.54% based on the lowest stock price target.
Can CleanSpark stock reach $14?
CLSK's average twelve months analyst stock price target of $25.33 supports the claim that CleanSpark can reach $14 in the near future.
What are CleanSpark's analysts' financial forecasts?
CleanSpark's analysts financial forecasts for the fiscal year (Sep 2025) are as follows: average revenue is $687.54M (high $726.22M, low $644.78M), average EBITDA is $-250M (high $-234M, low $-264M), average net income is $-39.921M (high $-36.387M, low $-43.149M), average SG&A $605.17M (high $639.22M, low $567.53M), and average EPS is $-0.175 (high $-0.159, low $-0.189). CLSK's analysts financial forecasts for the fiscal year (Sep 2026) are as follows: average revenue is $1.3B (high $1.37B, low $1.22B), average EBITDA is $-471M (high $-442M, low $-498M), average net income is $-92.12M (high $-84.673M, low $-98.86M), average SG&A $1.14B (high $1.21B, low $1.07B), and average EPS is $-0.403 (high $-0.37, low $-0.432).
Did the CLSK's actual financial results beat the analysts' financial forecasts?
Based on CleanSpark's last annual report (Sep 2023), the company's revenue was $168.41M, which missed the average analysts forecast of $170.8M by -1.40%. Apple's EBITDA was $-2.086M, missing the average prediction of $-62.029M by -96.64%. The company's net income was $-137M, missing the average estimation of $-282M by -51.62%. Apple's SG&A was $31.69M, missing the average forecast of $150.34M by -78.92%. Lastly, the company's EPS was $0, missing the average prediction of $-1.235 by -100.00%. In terms of the last quarterly report (Dec 2023), CleanSpark's revenue was $73.79M, beating the average analysts' forecast of $71.03M by 3.88%. The company's EBITDA was $56.03M, missing the average prediction of $-25.795M by -317.21%. CleanSpark's net income was $25.33M, missing the average estimation of $-59.04M by -142.90%. The company's SG&A was $6.58M, missing the average forecast of $62.52M by -89.48%. Lastly, the company's EPS was $0, missing the average prediction of $-0.258 by -100.00%