CleanSpark, Inc. (CLSK)
Market Cap | 2.60B |
Revenue (ttm) | 467.49M |
Net Income (ttm) | 67.12M |
Shares Out | 280.81M |
EPS (ttm) | 0.27 |
PE Ratio | 33.86 |
Forward PE | 23.12 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 23,237,834 |
Open | 10.27 |
Previous Close | 10.06 |
Day's Range | 9.22 - 10.31 |
52-Week Range | 8.04 - 24.72 |
Beta | 4.25 |
Analysts | Strong Buy |
Price Target | 22.38 (+141.95%) |
Earnings Date | Feb 6, 2025 |
About CLSK
CleanSpark, Inc. operates as a bitcoin mining company in the Americas. It owns and operates data centers. Its infrastructure supports Bitcoin, a digital commodity and a tool for financial independence and inclusion. The company was formerly known as Stratean Inc. and changed its name to CleanSpark, Inc. in November 2016. CleanSpark, Inc. was incorporated in 1987 and is headquartered in Henderson, Nevada. [Read more]
Financial Performance
In 2024, CleanSpark's revenue was $378.97 million, an increase of 125.03% compared to the previous year's $168.41 million. Losses were -$149.20 million, 8.00% more than in 2023.
Financial StatementsAnalyst Forecast
According to 9 analysts, the average rating for CLSK stock is "Strong Buy." The 12-month stock price forecast is $22.38, which is an increase of 141.95% from the latest price.
News
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CleanSpark: Fleet Efficiency Drives Higher Bitcoin Yield
CleanSpark, a bitcoin mining company with a $2.95 billion market cap, transitioned from clean energy to bitcoin mining in December 2020. As of January, CleanSpark owns 10,556 bitcoins and has 873 MW u...
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CleanSpark's Attractive Valuation And Bitcoin Stack Makes It A Buy, Analyst Says
Needham analyst John Todaro initiated coverage on CleanSpark Inc CLSK with a Buy rating and announced a Price Forecast of $20.00.
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CleanSpark's Q1 Results Strengthen The Bull Case
CleanSpark's Q1 results reinforce the bull case, with strong revenue, low mining costs, and improving efficiency, justifying a Strong Buy rating despite recent stock volatility. The company is scaling...
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CleanSpark, Inc. (CLSK) Q1 2025 Earnings Conference Call Transcript
CleanSpark, Inc. (NASDAQ:CLSK) Q1 2025 Earnings Conference Call February 6, 2025 4:30 PM ET Company Participants Barbara Domingo - IR Zach Bradford - CEO Gary Vecchiarelli - CFO Conference Call Parti...
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CleanSpark Is A High Conviction Name In Bitcoin Mining Sector: Analyst
H.C. Wainwright analyst Mike Colonnese reiterated the Buy rating on CleanSpark, Inc. CLSK, with a price forecast of $27.
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CleanSpark Reports Fiscal Year First Quarter 2025 Results
$162.3M quarterly revenue, up 120% from prior year $241.7M quarterly net income and basic EPS of $0.85 Marginal cost per coin decreases 6% to ~$34,000 at owned facilities LAS VEGAS , Feb. 6, 2025 /PRN...
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CleanSpark Releases January 2025 Bitcoin Mining Update
626 bitcoin mined and 40 EH/s surpassed in operating hashrate More than 8% fleet efficiency improvement month over month LAS VEGAS , Feb. 4, 2025 /PRNewswire/ -- CleanSpark, Inc. (Nasdaq: CLSK), Ameri...
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CleanSpark Executives to Discuss Fiscal Q1 2025 Financial Results
LAS VEGAS , Feb. 3, 2025 /PRNewswire/ -- CleanSpark Inc. (Nasdaq: CLSK), America's Bitcoin Miner®, will discuss its fiscal first quarter 2025 financial results via a live webcast beginning at 4:30 p.m...
Bitcoin miners try to rebound from choppy market
CNBC's Tanaya Macheel joins 'Closing Bell' to discuss the mixed recovery for bitcoin miners.
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CleanSpark: Buy The Dip In This Undervalued Bitcoin Miner
CleanSpark, a major Bitcoin miner, has seen a flat share price over the past year despite a ~2x jump in Bitcoin prices. The company is trading close to book value (assuming current Bitcoin prices hold...
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CleanSpark Achieves More Than 10,000 Bitcoin Held
10,097 bitcoin held in treasury, all produced from mining activity LAS VEGAS , Jan. 9, 2025 /PRNewswire/ -- CleanSpark Inc. (Nasdaq: CLSK), America's Bitcoin Miner® (the "Company"), today announced a ...
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CleanSpark: Stacking 'Digital Gold' The 'Old Way'
CleanSpark mined 7,024 BTC in 2024, maintaining a pure play on Bitcoin while competitors diversify into high-performance computing. The company used convertible note proceeds for share repurchases and...
All crypto miners are not 'created equal': Analyst
As cryptocurrency regulation is expected to ease under the incoming Trump administration, Clear Street senior research analyst Brian Dobson joins Market Domination to analyze crypto mining prospects f...
Green Stock News for January 6, 2025: $NVDA $ARBE $XPEV $CLSK $SUUN
Welcome to the Green Stock News brief for Monday January 6th. Here are today's top headlines: Arbe Robotics (NASDAQ: ARBE), in collaboration with NVIDIA (NASDAQ: NVDA), is advancing free space mapping...
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CleanSpark Releases December 2024 Bitcoin Mining Update
Mines 668 bitcoin in December and 7,024 bitcoin in 2024 287.9% hashrate growth with 33.3% efficiency improvement year over year LAS VEGAS , Jan. 6, 2025 /PRNewswire/ -- CleanSpark Inc. (Nasdaq: CLSK),...
Bitcoin, crypto stocks slide after post-election rally
CNBC's Tanaya Macheel joins 'Closing Bell' to discuss the slide in crypto and bitcoin.
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CleanSpark Exceeds 2024 Year-End Guidance of 37 EH/s and Accelerates 2025 Guidance
CleanSpark has achieved 37.5 EH/s in operating hashrate with a fleet efficiency of 17.7 J/Th Accelerates guidance for 50 EH/s, expected in first half of 2025 LAS VEGAS , Dec. 23, 2024 /PRNewswire/ -- ...
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CleanSpark, Inc. Announces Closing of Offering of $650 Million Zero-Coupon Convertible Notes
LAS VEGAS , Dec. 17, 2024 /PRNewswire/ -- CleanSpark, Inc. (Nasdaq: CLSK), America's Bitcoin Miner® ("CleanSpark" or the "Company"), today announced that it completed its previously announced offering...
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CleanSpark, Inc. Announces Pricing of $550 Million Convertible Notes Offering
LAS VEGAS , Dec. 13, 2024 /PRNewswire/ -- CleanSpark, Inc. (Nasdaq: CLSK), America's Bitcoin Miner® ("CleanSpark" or the "Company"), today announced the pricing of its offering of $550 million aggrega...
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CleanSpark, Inc. Announces Proposed Private Offering of $550 Million of Convertible Notes
LAS VEGAS , Dec. 12, 2024 /PRNewswire/ -- CleanSpark, Inc. (Nasdaq: CLSK), America's Bitcoin Miner® ("CleanSpark" or the "Company"), today announced that it intends to offer, subject to market conditi...
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Bitcoin Miners CleanSpark, Cipher Mining Win JPMorgan Support For Growth, Efficiency Edge
JPMorgan doesn't often issue upgrades to two bitcoin miners at once, but that's exactly what happened on Tuesday with CleanSpark Inc CLSK and Cipher Mining Inc CIFR.
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Bitcoin Miner CleanSpark Has 'Solid, Albeit Relatively Quiet' Quarter, Ready For Growth, Says Analyst
CleanSpark Inc CLSK shares were down on Tuesday, even after the company reported upbeat fourth-quarter results.
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CleanSpark Releases November 2024 Bitcoin Mining Update
Mines 622 bitcoin and achieves daily production high of over 21 bitcoin Increases hashrate and efficiency month over month by over 7% and 6% respectively LAS VEGAS , Dec. 3, 2024 /PRNewswire/ -- Clean...
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CleanSpark Stock: Still Way Too Cheap After Q4 Earnings Results
CleanSpark stock is up 68% since October, showing strong potential despite a 6% pre-market drop after Q4 results, maintaining a bullish outlook. CLSK stock valuation remains attractive, with significa...
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CleanSpark, Inc. (CLSK) Q4 2024 Earnings Call Transcript
CleanSpark, Inc. (NASDAQ:CLSK) Q4 2024 Earnings Conference Call December 2, 2024 4:30 PM ET Company Participants Brittany Moore - Director, Investor Relations Zach Bradford - Chief Executive Officer ...