Cleanspark, Inc. (NASDAQ:CLSK) Receives Average Rating of “Moderate Buy” from Brokerages

Shares of Cleanspark, Inc. (NASDAQ:CLSK) have been assigned a consensus rating of “Moderate Buy” from the fifteen research firms that are currently covering the stock, MarketBeat Ratings reports. One analyst has rated the stock with a sell rating, one has assigned a hold rating, twelve have assigned a buy rating and one has assigned a strong buy rating to the company. The average 1-year target price among brokerages that have issued ratings on the stock in the last year is $21.1346.

A number of brokerages have issued reports on CLSK. Cantor Fitzgerald lowered their target price on shares of Cleanspark from $21.00 to $17.00 and set an “overweight” rating on the stock in a report on Friday. Macquarie Infrastructure reduced their price target on Cleanspark from $30.00 to $27.00 and set an “outperform” rating for the company in a research report on Wednesday, November 26th. Keefe, Bruyette & Woods decreased their price objective on Cleanspark from $18.50 to $18.00 and set a “moderate buy” rating on the stock in a research note on Tuesday, January 27th. B. Riley Financial dropped their price objective on Cleanspark from $25.00 to $22.00 and set a “buy” rating on the stock in a report on Wednesday, November 26th. Finally, Needham & Company LLC cut their target price on Cleanspark from $25.00 to $19.00 and set a “buy” rating for the company in a research note on Friday.

Cleanspark News Roundup

Here are the key news stories impacting Cleanspark this week:

• Positive Sentiment: Operations & liquidity — CleanSpark produced 573 BTC in January and sold about $14.6M of BTC to fund operations, a sign of ongoing mining output and cash-generation actions that support near-term liquidity. Article Title
• Positive Sentiment: AI & power expansion — The company reported it secured up to 890 MW of new utility-grade power capacity and is advancing a multi-gigawatt AI infrastructure platform, which supports its strategic pivot beyond bitcoin mining and could drive future revenue diversification. Article Title
• Neutral Sentiment: Analyst price-target adjustments — Needham cut its target from $25 to $19 but kept a buy rating; Chardan trimmed its target from $30 to $16 and also remains constructive. These cuts temper upside expectations but leave institutional support intact. Article Title
• Neutral Sentiment: Earnings call transcripts published — Management commentary from the Q1 call is available (transcripts on Seeking Alpha/MSN/Yahoo) for investors who want details on margins, capex, BTC strategy and the AI buildout. Article Title
• Negative Sentiment: Q1 results missed expectations — CleanSpark reported revenue of ~$181.2M (below ~ $200M consensus) and an EPS loss that was wider than expected, prompting after-hours weakness. The miss highlights near-term pressure from bitcoin price declines and execution/cost dynamics. Article Title
• Negative Sentiment: Analyst/sector downgrades tied to bitcoin pain — Commentary and at least one sector downgrade noted that “the economics are shifting with bitcoin crashing,” increasing near-term risk to mining profitability if BTC prices remain depressed. Article Title

Insider Buying and Selling

In related news, Director Amanda Cavaleri sold 33,000 shares of the business’s stock in a transaction that occurred on Thursday, December 4th. The shares were sold at an average price of $15.02, for a total transaction of $495,660.00. Following the completion of the transaction, the director owned 107,289 shares of the company’s stock, valued at approximately $1,611,480.78. The trade was a 23.52% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Thomas Leigh Wood sold 85,315 shares of the company’s stock in a transaction that occurred on Tuesday, December 23rd. The stock was sold at an average price of $11.69, for a total transaction of $997,332.35. Following the sale, the director directly owned 41,421 shares in the company, valued at $484,211.49. This trade represents a 67.32% decrease in their position. The disclosure for this sale is available in the SEC filing. 2.08% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Cleanspark

A number of institutional investors and hedge funds have recently made changes to their positions in CLSK. Vanguard Group Inc. increased its stake in Cleanspark by 3.0% in the 3rd quarter. Vanguard Group Inc. now owns 26,051,850 shares of the company’s stock worth $377,752,000 after acquiring an additional 769,148 shares during the last quarter. Geode Capital Management LLC grew its holdings in shares of Cleanspark by 1.4% during the second quarter. Geode Capital Management LLC now owns 7,536,772 shares of the company’s stock worth $83,139,000 after purchasing an additional 101,401 shares in the last quarter. Invesco Ltd. grew its holdings in shares of Cleanspark by 22.1% during the third quarter. Invesco Ltd. now owns 4,482,527 shares of the company’s stock worth $64,997,000 after purchasing an additional 810,203 shares in the last quarter. Tidal Investments LLC increased its position in shares of Cleanspark by 13.3% in the third quarter. Tidal Investments LLC now owns 4,366,437 shares of the company’s stock worth $63,313,000 after purchasing an additional 514,062 shares during the last quarter. Finally, Dimensional Fund Advisors LP raised its stake in Cleanspark by 57.0% in the third quarter. Dimensional Fund Advisors LP now owns 4,311,221 shares of the company’s stock valued at $62,521,000 after purchasing an additional 1,564,761 shares in the last quarter. Hedge funds and other institutional investors own 43.12% of the company’s stock.

Cleanspark Stock Performance

NASDAQ CLSK opened at $10.08 on Friday. The firm has a market cap of $2.58 billion, a P/E ratio of -9.42 and a beta of 3.47. The company has a quick ratio of 4.18, a current ratio of 4.18 and a debt-to-equity ratio of 0.30. The company’s 50 day moving average is $12.32 and its 200-day moving average is $12.98. Cleanspark has a 12-month low of $6.45 and a 12-month high of $23.61.

Cleanspark Company Profile

CleanSpark, Inc (NASDAQ: CLSK) is a leading energy software and services company specializing in advanced microgrid controls and distributed energy resource (DER) management. The firm develops proprietary software platforms designed to optimize power flows across on-grid and off-grid installations, integrating renewable generation, battery storage, and traditional generation assets. CleanSpark’s technology is used by utilities, commercial and industrial enterprises, and remote facilities seeking to enhance energy resilience, reduce operating costs, and achieve sustainability goals.

In addition to its core software offerings, CleanSpark provides end-to-end engineering, procurement and construction (EPC) services.