CleanSpark, Inc. (CLSK)
NASDAQ: CLSK · IEX Real-Time Price · USD
16.47
-0.65 (-3.80%)
At close: May 16, 2024, 4:00 PM
16.60
+0.13 (0.78%)
After-hours: May 16, 2024, 7:59 PM EDT
CleanSpark Stock Forecast
Stock Price Forecast
The 6 analysts with 12-month price forecasts for CleanSpark stock have an average target of 19.22, with a low estimate of 5.30 and a high estimate of 27. The average target predicts an increase of 16.70% from the current stock price of 16.47.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for CleanSpark stock from 6 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 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 3 | 3 | 3 |
| Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Hold | 1 | 1 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 6 | 6 | 6 | 6 | 6 | 6 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Chardan Capital | Chardan Capital | Strong Buy Maintains $26 | Strong Buy | Maintains | $26 | +57.86% | May 13, 2024 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Reiterates $27 | Strong Buy | Reiterates | $27 | +63.93% | May 10, 2024 |
| Chardan Capital | Chardan Capital | Strong Buy Maintains $26 | Strong Buy | Maintains | $26 | +57.86% | May 7, 2024 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Reiterates $27 | Strong Buy | Reiterates | $27 | +63.93% | Apr 15, 2024 |
| JP Morgan | JP Morgan | Hold Maintains $14 → $15 | Hold | Maintains | $14 → $15 | -8.93% | Apr 10, 2024 |
Financial Forecast
Revenue This Year
425.62M
from 168.41M
Increased by 152.73%
Revenue Next Year
779.54M
from 425.62M
Increased by 83.15%
EPS This Year
0.49
from -1.33
EPS Next Year
1.06
from 0.49
Increased by 115.62%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 520.8M | 1.4B | 805.4M |
| Avg | 425.6M | 779.5M | 782.3M |
| Low | 332.1M | 450.0M | 751.7M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 209.2% | 222.8% | 3.3% |
| Avg | 152.7% | 83.2% | 0.4% |
| Low | 97.2% | 5.7% | -3.6% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.47 | 2.72 | 2.42 |
| Avg | 0.49 | 1.06 | 2.35 |
| Low | -0.14 | -0.18 | 2.25 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 455.5% | 128.8% |
| Avg | - | 115.6% | 122.2% |
| Low | - | - | 113.5% |
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.