CleanSpark, Inc. (CLSK)
NASDAQ: CLSK · Real-Time Price · USD
14.00
-0.12 (-0.85%)
At close: Nov 20, 2024, 4:00 PM
14.60
+0.60 (4.29%)
Pre-market: Nov 21, 2024, 5:46 AM EST

CleanSpark Stock Forecast

Stock Price Forecast

The 7 analysts with 12-month price forecasts for CleanSpark stock have an average target of 21.21, with a low estimate of 10.5 and a high estimate of 27. The average target predicts an increase of 51.50% from the current stock price of 14.00.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $10.5 $21.21 $22 $27
Change -25.00% +51.50% +57.14% +92.86%
* Price targets were last updated on Oct 3, 2024.

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 Jun '24Jul '24Aug '24Sep '24Oct '24Nov '24
Strong Buy 333333
Buy 333443
Hold 111111
Sell 000000
Strong Sell 000000
Total 777887

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Cantor Fitzgerald
Cantor Fitzgerald
Buy
Reiterates
$23
Buy Reiterates $23 +64.29% Oct 3, 2024
Macquarie
Macquarie
Buy
Initiates
$20
Buy Initiates $20 +42.86% Sep 25, 2024
HC Wainwright & Co.
HC Wainwright & Co.
Strong Buy
Reiterates
$27
Strong Buy Reiterates $27 +92.86% Sep 25, 2024
HC Wainwright & Co.
HC Wainwright & Co.
Strong Buy
Reiterates
$27
Strong Buy Reiterates $27 +92.86% Sep 11, 2024
Cantor Fitzgerald
Cantor Fitzgerald
Buy
Reiterates
$23
Buy Reiterates $23 +64.29% Sep 3, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
405.26M
from 168.41M
Increased by 140.64%
Revenue Next Year
796.03M
from 405.26M
Increased by 96.42%
EPS This Year
-0.63
from -1.33
EPS Next Year
0.92
from -0.63
Fiscal Year FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Sep 30, 2019 Sep 30, 2020 Sep 30, 2021 Sep 30, 2022 Sep 30, 2023 Sep 30, 2024 Sep 30, 2025 Sep 30, 2026
Revenue
4.53M10.03M39.29M131.53M168.41M405.26M796.03M761.06M
Revenue Growth
683.36%121.25%291.75%234.78%28.04%140.64%96.42%-4.39%
EPS
-6.25-2.44-0.75-1.35-1.33-0.630.920.42
EPS Growth
--------54.12%
Forward PE
------15.2033.13
No. Analysts -----996
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202420252026
High 490.6M 1.5B 827.9M
Avg 405.3M 796.0M 761.1M
Low 367.7M 497.0M 706.5M

Revenue Growth

Revenue Growth 202420252026
High
191.3%
266.2%
4.0%
Avg
140.6%
96.4%
-4.4%
Low
118.3%
22.6%
-11.2%

EPS Forecast

EPS 202420252026
High -0.44 3.44 1.21
Avg -0.63 0.92 0.42
Low -0.99 -0.43 -0.39

EPS Growth

EPS Growth 202420252026
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.