CleanSpark Stock Forecast

Stock Price Forecast

According to 13 analysts polled by S&P Global, CleanSpark stock has a consensus rating of "Strong Buy" and an average price target of $21.12. The average 1-year stock price forecast is 67.35% higher than the current stock price, while the lowest is $16 (+26.78%) and the highest is $27 (+113.95%).

Price Target: $21.12 (+67.35%)

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$16	$21.12	$21.5	$27
Change	+26.78%	+67.35%	+70.36%	+113.95%

Analyst Ratings

The average analyst rating for CleanSpark stock 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	Jan '26	Feb '26	Mar '26	Apr '26	May '26	Jun '26
Strong Buy	9	9	9	9	9	9
Buy	4	4	3	3	3	4
Hold	0	0	0	0	0	0
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	13	13	12	12	12	13

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Gregory P Miller Citizens JMP	Citizens JMP	Buy Initiates $27	Buy	Initiates	$27	+113.95%	Jun 24, 2026
Chad Dillard Bernstein	Bernstein	Buy Maintains $24	Buy	Maintains	$24	+90.17%	Jun 23, 2026
Michael Grondahl Northland Securities	Northland Securities	Buy Maintains $21	Buy	Maintains	$21	+66.40%	Jun 8, 2026
James McIlree Chardan Capital	Chardan Capital	Buy Maintains $16 → $19	Buy	Maintains	$16 → $19	+50.55%	Jun 8, 2026
Nick Giles B. Riley Securities	B. Riley Securities	Buy Maintains $19	Buy	Maintains	$19	+50.55%	May 13, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

643.92M

from 766.31M

-15.97%

from 766.31M

Revenue Next Year

774.83M

from 643.92M

20.33%

from 643.92M

EPS This Year

-1.80

from 1.27

EPS Next Year

-0.73

from -1.80

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Sep 30, 2021	Sep 30, 2022	Sep 30, 2023	Sep 30, 2024	Sep 30, 2025	Sep 30, 2026
Revenue	39.29M	131.53M	168.41M	378.97M	766.31M	643.92M
Revenue Growth	291.75%	234.78%	28.04%	125.03%	102.21%	-15.97%
Gross Profit	34.02M	90.29M	74.83M	213.45M	423.21M	285.90M
Gross Margin	86.60%	68.65%	44.43%	56.32%	55.23%	44.40%
Operating Income	-11.90M	-26.21M	-125.31M	-59.24M	-95.91M	-748.81M
Net Income	-21.81M	-57.33M	-138.15M	-145.78M	364.46M	-901.02M
EPS	-	-	-	-	1.27	-1.80
Free Cash Flow	-162.91M	-98.16M	-237.53M	-1.11B	-921.25M	-651.00M
No. Analysts	-	-	-	-	-	13

EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue	2026	2027	2028
High	707.8M
Avg	643.9M
Low	613.5M

Revenue Growth

Revenue Growth	2026	2027	2028
High	-7.6%
Avg	-16.0%
Low	-19.9%

EPS Forecast

EPS	2026	2027	2028
High	-1.80
Avg	-1.80
Low	-1.80

EPS Growth

EPS Growth	2026	2027	2028
High	-
Avg	-
Low	-