CleanSpark, Inc. (CLSK)
NASDAQ: CLSK · IEX Real-Time Price · USD
17.84
+0.77 (4.51%)
At close: Jul 19, 2024, 4:00 PM
18.11
+0.27 (1.51%)
Pre-market: Jul 22, 2024, 7:37 AM EDT
CleanSpark Stock Forecast
Stock Price Forecast
The 7 analysts with 12-month price forecasts for CleanSpark stock have an average target of 20.11, with a low estimate of 5.30 and a high estimate of 28. The average target predicts an increase of 12.72% from the current stock price of 17.84.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for CleanSpark stock from 7 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 3 | 3 | 3 |
| Buy | 2 | 2 | 2 | 2 | 3 | 3 |
| Hold | 1 | 1 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 6 | 6 | 6 | 6 | 7 | 7 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Cantor Fitzgerald | Cantor Fitzgerald | Buy Maintains $27 → $28 | Buy | Maintains | $27 → $28 | +56.95% | Jul 3, 2024 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Reiterates $27 | Strong Buy | Reiterates | $27 | +51.35% | Jun 28, 2024 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Reiterates $27 | Strong Buy | Reiterates | $27 | +51.35% | Jun 18, 2024 |
| Cantor Fitzgerald | Cantor Fitzgerald | Buy Initiates $20 → $27 | Buy | Initiates | $20 → $27 | +51.35% | Jun 11, 2024 |
| JP Morgan | JP Morgan | Hold Maintains $15 → $13 | Hold | Maintains | $15 → $13 | -29.93% | Jun 4, 2024 |
Financial Forecast
Revenue This Year
431.99M
from 168.41M
Increased by 156.51%
Revenue Next Year
866.45M
from 431.99M
Increased by 100.57%
EPS This Year
0.79
from -1.33
EPS Next Year
0.05
from 0.79
Decreased by -93.53%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 508.9M | 1.4B | 981.8M |
| Avg | 432.0M | 866.5M | 808.3M |
| Low | 352.4M | 491.0M | 636.8M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 202.2% | 218.1% | 13.3% |
| Avg | 156.5% | 100.6% | -6.7% |
| Low | 109.3% | 13.7% | -26.5% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.47 | 0.95 | 2.03 |
| Avg | 0.79 | 0.05 | 0.63 |
| Low | 0.39 | -0.60 | -0.69 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 19.8% | 3,873.5% |
| Avg | - | -93.5% | 1,130.0% |
| Low | - | - | - |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.