Q1 Earnings Forecast for Cleanspark Issued By B. Riley

Cleanspark, Inc. (NASDAQ:CLSK) – Equities research analysts at B. Riley issued their Q1 2026 EPS estimates for shares of Cleanspark in a report issued on Wednesday, November 26th. B. Riley analyst N. Giles expects that the company will post earnings per share of $0.19 for the quarter. B. Riley currently has a “Buy” rating and a $22.00 target price on the stock. The consensus estimate for Cleanspark’s current full-year earnings is $0.58 per share. B. Riley also issued estimates for Cleanspark’s Q2 2026 earnings at $0.19 EPS, Q3 2026 earnings at $0.17 EPS, Q4 2026 earnings at $0.17 EPS, FY2026 earnings at $0.71 EPS, Q1 2027 earnings at $0.18 EPS, Q2 2027 earnings at $0.18 EPS, Q3 2027 earnings at $0.16 EPS, Q4 2027 earnings at $0.16 EPS and FY2027 earnings at $0.69 EPS.

Several other brokerages also recently issued reports on CLSK. Cantor Fitzgerald restated an “overweight” rating and issued a $21.00 price objective on shares of Cleanspark in a research report on Wednesday. Needham & Company LLC upped their target price on shares of Cleanspark from $23.00 to $25.00 and gave the company a “buy” rating in a report on Wednesday, November 26th. HC Wainwright decreased their price target on shares of Cleanspark from $30.00 to $27.00 and set a “buy” rating on the stock in a research note on Wednesday, November 26th. BTIG Research lifted their price target on shares of Cleanspark from $22.00 to $26.00 and gave the stock a “buy” rating in a report on Monday, October 13th. Finally, Macquarie reduced their price objective on shares of Cleanspark from $30.00 to $27.00 and set an “outperform” rating on the stock in a research note on Wednesday, November 26th. Eleven analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, Cleanspark has a consensus rating of “Moderate Buy” and an average price target of $23.20.

Cleanspark Price Performance

Shares of NASDAQ:CLSK opened at $15.23 on Monday. The company has a debt-to-equity ratio of 0.30, a quick ratio of 4.18 and a current ratio of 4.18. The business’s fifty day moving average price is $15.84 and its two-hundred day moving average price is $12.36. The stock has a market cap of $3.89 billion, a PE ratio of 13.72 and a beta of 3.79. Cleanspark has a one year low of $6.45 and a one year high of $23.61.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in CLSK. Hantz Financial Services Inc. boosted its holdings in Cleanspark by 115.5% in the third quarter. Hantz Financial Services Inc. now owns 1,748 shares of the company’s stock valued at $25,000 after acquiring an additional 937 shares during the last quarter. Quarry LP purchased a new position in shares of Cleanspark in the 3rd quarter worth about $26,000. BNP PARIBAS ASSET MANAGEMENT Holding S.A. purchased a new position in shares of Cleanspark in the 2nd quarter worth about $29,000. Fifth Third Bancorp lifted its stake in shares of Cleanspark by 145.3% in the 2nd quarter. Fifth Third Bancorp now owns 2,860 shares of the company’s stock valued at $32,000 after purchasing an additional 1,694 shares in the last quarter. Finally, Salomon & Ludwin LLC purchased a new stake in shares of Cleanspark during the 3rd quarter worth about $32,000. 43.12% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Cleanspark

In other Cleanspark news, COO Taylor Monnig sold 63,713 shares of Cleanspark stock in a transaction on Tuesday, September 9th. The shares were sold at an average price of $9.12, for a total value of $581,062.56. Following the transaction, the chief operating officer owned 120,337 shares in the company, valued at $1,097,473.44. This trade represents a 34.62% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 2.65% of the stock is currently owned by company insiders.

About Cleanspark

CleanSpark, Inc operates as a bitcoin miner in the Americas. It owns and operates data centers that primarily run on low-carbon power. Its infrastructure supports Bitcoin, a digital commodity and a tool for financial independence and inclusion. The company was formerly known as Stratean Inc and changed its name to CleanSpark, Inc in November 2016.