CleanSpark, Inc. (CLSK)
NASDAQ: CLSK · Real-Time Price · USD
11.14
+0.23 (2.11%)
At close: Dec 20, 2024, 4:00 PM
11.30
+0.16 (1.44%)
After-hours: Dec 20, 2024, 7:59 PM EST
CleanSpark Stock Forecast
Stock Price Forecast
The 7 analysts with 12-month price forecasts for CleanSpark stock have an average target of 22.71, with a low estimate of 17 and a high estimate of 27. The average target predicts an increase of 103.86% from the current stock price of 11.14.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for CleanSpark stock from 8 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 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 3 | 3 | 3 |
| Buy | 3 | 3 | 4 | 4 | 4 | 4 |
| Hold | 1 | 1 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 7 | 7 | 8 | 8 | 8 | 8 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Jones Trading | Jones Trading | Hold Initiates n/a | Hold | Initiates | n/a | n/a | Dec 12, 2024 |
| JP Morgan | JP Morgan | Hold → Buy Upgrades $11 → $17 | Hold → Buy | Upgrades | $11 → $17 | +52.60% | Dec 10, 2024 |
| Macquarie | Macquarie | Buy Maintains $20 → $24 | Buy | Maintains | $20 → $24 | +115.44% | Dec 4, 2024 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Reiterates $27 | Strong Buy | Reiterates | $27 | +142.37% | Dec 3, 2024 |
| Cantor Fitzgerald | Cantor Fitzgerald | Buy Reiterates $23 | Buy | Reiterates | $23 | +106.46% | Oct 3, 2024 |
Financial Forecast
Revenue This Year
796.03M
from 378.97M
Increased by 110.05%
Revenue Next Year
761.06M
from 796.03M
Decreased by -4.39%
EPS This Year
0.92
from -0.69
EPS Next Year
0.42
from 0.92
Decreased by -54.12%
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 1.5B | 827.9M | 757.2M |
| Avg | 796.0M | 761.1M | 735.6M |
| Low | 497.0M | 706.5M | 706.7M |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 291.6% | 4.0% | -0.5% |
| Avg | 110.1% | -4.4% | -3.3% |
| Low | 31.1% | -11.2% | -7.1% |
EPS Forecast
| EPS | 2025 | 2026 |
|---|---|---|
| High | 3.44 | 1.21 |
| Avg | 0.92 | 0.42 |
| Low | -0.43 | -0.39 |
EPS Growth
| EPS Growth | 2025 | 2026 |
|---|---|---|
| High | - | 31.4% |
| Avg | - | -54.1% |
| 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.