Technology -
Software - Application - NASDAQ - US
$ 8.2532
3.29 %
$ 2.32 B
Market Cap
-11.96
P/E
1. INTRINSIC VALUE
Balance Sheet
CleanSpark, Inc.
| Current Assets | 705 M |
| Cash & Short-Term Investments | 554 M |
| Receivables | 139 M |
| Other Current Assets | 12.9 M |
| Non-Current Assets | 1.26 B |
| Long-Term Investments | 0 |
| PP&E | 873 M |
| Other Non-Current Assets | 384 M |
| Current Liabilities | 188 M |
| Accounts Payable | 83 M |
| Short-Term Debt | 58.8 M |
| Other Current Liabilities | 46.1 M |
| Non-Current Liabilities | 13.9 M |
| Long-Term Debt | 997 K |
| Other Non-Current Liabilities | 12.9 M |
EFFICIENCY
Earnings Waterfall
CleanSpark, Inc.
| Revenue | 379 M |
| Cost Of Revenue | 166 M |
| Gross Profit | 213 M |
| Operating Expenses | 362 M |
| Operating Income | -149 M |
| Other Expenses | -3.27 M |
| Net Income | -146 M |
RATIOS
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
CleanSpark, Inc.
| Net Income | -146 M |
| Depreciation & Amortization | 155 M |
| Capital Expenditures | -806 M |
| Stock-Based Compensation | 29.6 M |
| Change in Working Capital | 16.5 M |
| Others | -272 M |
| Free Cash Flow | -1.04 B |
Wall Street Analysts Price Targets
CleanSpark, Inc.
Wall Street analysts predict an average 1-year price target for CLSK of $25.3 , with forecasts ranging from
a
low of
$22 to a high of $27 .
CLSK Lowest Price Target
Wall Street Target
22 USD
166.56%
CLSK Average Price Target
Wall Street Target
25.3 USD
206.95%
CLSK Highest Price Target
Wall Street Target
27 USD
227.15%
4. DIVIDEND
ANALYSIS
0.00%
DIVIDEND YIELD
0.12 USD
DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership
CleanSpark, Inc.
Sold
0-3 MONTHS
246 K USD 5
3-6 MONTHS
255 K USD 2
6-9 MONTHS
81.6 K USD 1
9-12 MONTHS
32.4 M USD 3
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
| Date | Value | Insider | Amount | Avg Price |
|---|---|---|---|---|
|
2 weeks ago
Feb 14, 2025
|
Sell 2.54 K
USD
|
Monnig Taylor
Chief Technology Officer
|
- 239
|
10.6394 USD |
|
2 weeks ago
Feb 14, 2025
|
Sell 95.9 K
USD
|
Schultz S. Matthew
Executive Chairman
|
- 9010
|
10.6394 USD |
|
2 weeks ago
Feb 14, 2025
|
Sell 14.2 K
USD
|
Garrison Scott Eugene
Chief Operating Officer
|
- 1337
|
10.6394 USD |
|
2 weeks ago
Feb 14, 2025
|
Sell 7.63 K
USD
|
Vecchiarelli Gary Anthony
Chief Financial Officer
|
- 717
|
10.6394 USD |
|
2 weeks ago
Feb 14, 2025
|
Sell 112 K
USD
|
Bradford Zachary
CEO and President
|
- 10533
|
10.6394 USD |
|
2 months ago
Dec 27, 2024
|
Sell 14 K
USD
|
Monnig Taylor
Chief Technology Officer
|
- 1350
|
10.4 USD |
|
2 months ago
Dec 20, 2024
|
Sell 0
USD
|
Bradford Zachary
CEO and President
|
- 12000
|
0 USD |
|
3 months ago
Nov 29, 2024
|
Sell 19.4 K
USD
|
Monnig Taylor
Chief Technology Officer
|
- 1350
|
14.35 USD |
|
4 months ago
Oct 25, 2024
|
Sell 16 K
USD
|
Monnig Taylor
Chief Technology Officer
|
- 1350
|
11.88 USD |
|
5 months ago
Sep 27, 2024
|
Sell 14.1 K
USD
|
Monnig Taylor
Chief Technology Officer
|
- 1350
|
10.44 USD |
|
5 months ago
Sep 12, 2024
|
Sell 205 K
USD
|
Wood Thomas Leigh
Director
|
- 22222
|
9.24 USD |
|
6 months ago
Aug 30, 2024
|
Sell 14.5 K
USD
|
Monnig Taylor
Chief Technology Officer
|
- 1350
|
10.77 USD |
|
7 months ago
Jul 26, 2024
|
Sell 22.9 K
USD
|
Monnig Taylor
Chief Technology Officer
|
- 1350
|
16.97 USD |
|
8 months ago
Jun 28, 2024
|
Sell 21.6 K
USD
|
Monnig Taylor
Chief Technology Officer
|
- 1350
|
16.03 USD |
|
9 months ago
May 31, 2024
|
Sell 22.5 K
USD
|
Monnig Taylor
Chief Technology Officer
|
- 1350
|
16.65 USD |
|
11 months ago
Mar 27, 2024
|
Sell 8.47 M
USD
|
Schultz S. Matthew
Executive Chairman
|
- 367000
|
23.07 USD |
|
11 months ago
Mar 21, 2024
|
Sell 9 M
USD
|
Bradford Zachary
CEO and President
|
- 443000
|
20.31 USD |
|
1 year ago
Feb 27, 2024
|
Sell 7.64 M
USD
|
Bradford Zachary
CEO and President
|
- 363900
|
21 USD |
|
1 year ago
Feb 27, 2024
|
Sell 6.75 M
USD
|
Schultz S. Matthew
Executive Chairman
|
- 322400
|
20.95 USD |
|
1 year ago
Feb 27, 2024
|
Sell 549 K
USD
|
Vecchiarelli Gary Anthony
Chief Financial Officer
|
- 26244
|
20.93 USD |
|
1 year ago
Feb 14, 2024
|
Sell 196 K
USD
|
Beynon Roger Paul
Director
|
- 10976
|
17.85 USD |
|
1 year ago
Dec 08, 2023
|
Sell 417 K
USD
|
McNeill Larry
Director
|
- 40000
|
10.42 USD |
|
2 years ago
Dec 16, 2022
|
Bought
34.5 K USD
|
Vecchiarelli Gary Anthony
Chief Financial Officer
|
+ 19400
|
1.78 USD |
|
3 years ago
Feb 17, 2022
|
Bought
45.1 K USD
|
Vecchiarelli Gary Anthony
Chief Financial Officer
|
+ 4400
|
10.25 USD |
|
3 years ago
Feb 16, 2022
|
Bought
37.5 K USD
|
Vecchiarelli Gary Anthony
Chief Financial Officer
|
+ 3357
|
11.18 USD |
|
3 years ago
Feb 14, 2022
|
Bought
130 K USD
|
Wood Thomas Leigh
Director
|
+ 15000
|
8.7 USD |
|
3 years ago
Jun 16, 2021
|
Sell 115 K
USD
|
McNeill Larry
Director
|
- 6000
|
19.09 USD |
|
3 years ago
Jun 17, 2021
|
Sell 99 K
USD
|
McNeill Larry
Director
|
- 5000
|
19.81 USD |
|
3 years ago
Jun 29, 2021
|
Sell 69.2 K
USD
|
McNeill Larry
Director
|
- 4000
|
17.31 USD |
|
3 years ago
Jul 02, 2021
|
Bought
16.7 K USD
|
Bradford Zachary
CEO and President
|
+ 83333
|
0.2 USD |
|
3 years ago
Jul 02, 2021
|
Bought
16.7 K USD
|
Schultz S. Matthew
Executive Chairman
|
+ 83333
|
0.2 USD |
|
3 years ago
Jul 02, 2021
|
Bought
16.7 K USD
|
McNeill Larry
Director
|
+ 83333
|
0.2 USD |
|
6 years ago
Jan 09, 2019
|
Bought
41.5 K USD
|
McNeill Larry
Director
|
+ 500000
|
0.083 USD |
|
6 years ago
Jan 09, 2019
|
Bought
20.8 K USD
|
Bradford Zachary
CFO
|
+ 250000
|
0.083 USD |
|
7 years ago
Feb 15, 2018
|
Sell 90 K
USD
|
Schultz S. Matthew
CEO
|
- 450000
|
0.2 USD |
|
8 years ago
Nov 04, 2016
|
Sell 124 K
USD
|
Schultz S. Matthew
CEO
|
- 1500000
|
0.083 USD |
|
8 years ago
Nov 04, 2016
|
Sell 124 K
USD
|
Bradford Zachary
CFO
|
- 1500000
|
0.083 USD |
7. News
CleanSpark: Fleet Efficiency Drives Higher Bitcoin Yield
CleanSpark, a bitcoin mining company with a $2.95 billion market cap, transitioned from clean energy to bitcoin mining in December 2020. As of January, CleanSpark owns 10,556 bitcoins and has 873 MW under contract, showcasing strong growth since 2020. CleanSpark leads in several financial metrics which make it an attractive investment among peers.
seekingalpha.com
- 2 weeks ago
Cleanspark, Inc. (CLSK) Is a Trending Stock: Facts to Know Before Betting on It
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.
zacks.com
- 2 weeks ago
CleanSpark's Attractive Valuation And Bitcoin Stack Makes It A Buy, Analyst Says
Needham analyst John Todaro initiated coverage on CleanSpark Inc CLSK with a Buy rating and announced a Price Forecast of $20.00.
benzinga.com
- 2 weeks ago
Can CleanSpark (CLSK) Run Higher on Rising Earnings Estimates?
CleanSpark (CLSK) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
zacks.com
- 3 weeks ago
CleanSpark (CLSK) Recently Broke Out Above the 20-Day Moving Average
After reaching an important support level, CleanSpark (CLSK) could be a good stock pick from a technical perspective. CLSK surpassed resistance at the 20-day moving average, suggesting a short-term bullish trend.
zacks.com
- 3 weeks ago
CleanSpark (CLSK) Recently Broke Out Above the 50-Day Moving Average
From a technical perspective, CleanSpark (CLSK) is looking like an interesting pick, as it just reached a key level of support. CLSK recently overtook the 50-day moving average, and this suggests a short-term bullish trend.
zacks.com
- 3 weeks ago
CleanSpark's Q1 Results Strengthen The Bull Case
CleanSpark's Q1 results reinforce the bull case, with strong revenue, low mining costs, and improving efficiency, justifying a Strong Buy rating despite recent stock volatility. The company is scaling efficiently, achieving 40 EH/s ahead of schedule, aiming for 50 EH/s by Q2, and maintaining a robust balance sheet. CleanSpark's strategy of mining and holding Bitcoin offers dual paths to capital appreciation, but risks include rising mining difficulty and Bitcoin price volatility.
seekingalpha.com
- 3 weeks ago
CleanSpark, Inc. (CLSK) Q1 2025 Earnings Conference Call Transcript
CleanSpark, Inc. (NASDAQ:CLSK ) Q1 2025 Earnings Conference Call February 6, 2025 4:30 PM ET Company Participants Barbara Domingo - IR Zach Bradford - CEO Gary Vecchiarelli - CFO Conference Call Participants Mike Colonnese - H.C. Wainwright Brian Dobson - Clear Street Brett Knoblauch - Cantor Fitzgerald Tyler DiMatteo - BTIG Stephen Glagola - JonesTrading Bill Papanastasiou - KBW Greg Lewis - BTIG Operator Good afternoon.
seekingalpha.com
- 3 weeks ago
CleanSpark Is A High Conviction Name In Bitcoin Mining Sector: Analyst
H.C. Wainwright analyst Mike Colonnese reiterated the Buy rating on CleanSpark, Inc. CLSK, with a price forecast of $27.
benzinga.com
- 3 weeks ago
Wall Street Analysts Believe CleanSpark (CLSK) Could Rally 125.72%: Here's is How to Trade
The average of price targets set by Wall Street analysts indicates a potential upside of 125.7% in CleanSpark (CLSK). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.
zacks.com
- 3 weeks ago
CleanSpark (CLSK) Reports Q1 Loss, Tops Revenue Estimates
CleanSpark (CLSK) came out with a quarterly loss of $0.07 per share versus the Zacks Consensus Estimate of a loss of $0.08. This compares to loss of $0.02 per share a year ago.
zacks.com
- 3 weeks ago
CleanSpark Reports Fiscal Year First Quarter 2025 Results
$162.3M quarterly revenue, up 120% from prior year $241.7M quarterly net income and basic EPS of $0.85 Marginal cost per coin decreases 6% to ~$34,000 at owned facilities LAS VEGAS , Feb. 6, 2025 /PRNewswire/ -- CleanSpark, Inc. (Nasdaq: CLSK) (the "Company"), America's Bitcoin Miner®, today reported financial results for the quarter ended December 31, 2024. "This quarter we saw the impact of continuous improvements across what we believe to be the most important industry metrics: operating hashrate, fleet efficiency, marginal cost to mine, bitcoin treasury, and portfolio uptime," said CleanSpark CEO Zach Bradford.
prnewswire.com
- 3 weeks ago
8. Profile
Summary
CleanSpark, Inc. CLSK
COUNTRY
US
INDUSTRY
Software - Application
MARKET CAP
$ 2.32 B
Dividend Yield
0.00%
Description
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.
Contact
2370 Corporate Circle, Henderson, NV, 89074
https://www.cleanspark.com
IPO
Date
Nov. 16, 2016
Employees
256
Officers
Mr. Bradley Audiss
Senior Vice President of Operations
Mr. Taylor Monnig
Chief Technology Officer
Mr. Zachary K. Bradford CPA
Chief Executive Officer, President & Director
Barbara Domingo
Senior Director of Investor Relations
Mr. Scott Garrison
Chief Operating Officer
Mr. Brian Carson
Chief Accounting Officer
Ms. Natasha Betancourt
Chief of Staff
Mr. Harry E. Sudock
Senior Vice President
Mr. S. Matthew Schultz
Executive Chairman
Mr. Gary A. Vecchiarelli CPA
Chief Financial Officer