CleanSpark, Inc. (CLSK)
NASDAQ: CLSK · Real-Time Price · USD
11.87
+0.69 (6.17%)
At close: Jan 17, 2025, 4:00 PM
11.96
+0.09 (0.76%)
After-hours: Jan 17, 2025, 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 91.32% from the current stock price of 11.87.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $17 $22.71 $23 $27
Change +43.22% +91.32% +93.77% +127.46%
* Price targets were last updated on Dec 10, 2024.

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 Aug '24Sep '24Oct '24Nov '24Dec '24Jan '25
Strong Buy 333333
Buy 344444
Hold 111111
Sell 000000
Strong Sell 000000
Total 788888

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
Buy
Upgrades
$11$17
Buy Upgrades $11$17 +43.22% Dec 10, 2024
Macquarie
Macquarie
Buy
Maintains
$20$24
Buy Maintains $20$24 +102.19% Dec 4, 2024
HC Wainwright & Co.
HC Wainwright & Co.
Strong Buy
Reiterates
$27
Strong Buy Reiterates $27 +127.46% Dec 3, 2024
Cantor Fitzgerald
Cantor Fitzgerald
Buy
Reiterates
$23
Buy Reiterates $23 +93.77% Oct 3, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
921.71M
from 378.97M
Increased by 143.22%
Revenue Next Year
1.20B
from 921.71M
Increased by 29.76%
EPS This Year
1.34
from -0.69
EPS Next Year
1.94
from 1.34
Increased by 44.20%
Fiscal Year FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026 FY 2027
Period Ending Sep 30, 2020 Sep 30, 2021 Sep 30, 2022 Sep 30, 2023 Sep 30, 2024 Sep 30, 2025 Sep 30, 2026 Sep 30, 2027
Revenue
10.03M39.29M131.53M168.41M378.97M921.71M1.20B982.85M
Revenue Growth
121.25%291.75%234.78%28.04%125.03%143.22%29.76%-17.82%
EPS
-2.44-0.75-1.35-1.35-0.691.341.940.87
EPS Growth
------44.20%-55.15%
Forward PE
-----8.836.1313.66
No. Analysts -----985
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202520262027
High 1.5B 2.2B 1.3B
Avg 921.7M 1.2B 982.9M
Low 646.3M 788.5M 706.7M

Revenue Growth

Revenue Growth 202520262027
High
291.6%
136.1%
5.9%
Avg
143.2%
29.8%
-17.8%
Low
70.5%
-14.5%
-40.9%

EPS Forecast

EPS 202520262027
High 4.05 5.61 1.23
Avg 1.34 1.94 0.87
Low 0.01 0.58 0.52

EPS Growth

EPS Growth 202520262027
High -
317.3%
-36.6%
Avg -
44.2%
-55.1%
Low -
-57.0%
-73.0%
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.