Is CleanSpark stock a buy or sell?
According to 2 analysts, the average rating for Cleanspark stock is "Buy." The 12-month stock price forecast is 42.50, which is an increase of 216.69% from the latest price.
What is CleanSpark?
Investor Relations CleanSpark is a sustainable bitcoin mining and energy technology company that’s solving modern energy challenges. We’re publicly traded on the NASDAQ: CLSK.
What is the upside for CleanSpark's stock?
Their forecasts range from $35.00 to $50.00. On average, they expect CleanSpark's stock price to reach $42.50 in the next year. This suggests a possible upside of 331.5% from the stock's current price. View analysts' price targets for CleanSpark or view top-rated stocks among Wall Street analysts.
Is CleanSpark efficiently growing its dividend?
CleanSpark does not have a long track record of dividend growth. In the past three months, CleanSpark insiders have not sold or bought any company stock. Only 6.01% of the stock of CleanSpark is held by insiders. Only 28.75% of the stock of CleanSpark is held by institutions.
Is CleanSpark a good investment?
CleanSpark has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 3 buy ratings, no hold ratings, and no sell ratings.
What kind of company is CleanSpark?
About CleanSpark CleanSpark is a sustainable bitcoin mining and energy technology company that is solving modern energy challenges. We're fellow citizens of the world experiencing the same energy, environmental, and economic challenges that you are. Soaring rate increases from centralized power companies.
How do I invest in CleanSpark?
How to buy shares in CleanSparkCompare share trading platforms. Use our comparison table to help you find a platform that fits you.Open your brokerage account. Complete an application with your details.Confirm your payment details. ... Research the stock. ... Purchase now or later. ... Check in on your investment.
Is CLSK stock a buy or sell?
Out of 2 analysts, 2 (100%) are recommending CLSK as a Strong Buy, 0 (0%) are recommending CLSK as a Buy, 0 (0%) are recommending CLSK as a Hold, 0 (0%) are recommending CLSK as a Sell, and 0 (0%) are recommending CLSK as a Strong Sell. What is CLSK's earnings growth forecast for 2022-2024?
Where is CleanSpark located?
Woods Cross, UTCompany Description: Cleanspark, Inc. is located in Woods Cross, UT, United States and is part of the Computer Systems Design and Related Services Industry.
Who is the CEO of CleanSpark?
Zachary K. Bradford (Oct 2019–)CleanSpark Inc / CEO
Is CleanSpark undervalued?
Cleanspark shows a prevailing Real Value of $11.24 per share. The current price of the firm is $4.9. At this time, the firm appears to be undervalued....USD 4.90 0.21 4.11%LowEstimated ValueHigh0.234.5910.86
Will CleanSpark go up?
The 2 analysts offering 12-month price forecasts for CleanSpark Inc have a median target of 23.00, with a high estimate of 30.00 and a low estimate of 16.00. The median estimate represents a +289.83% increase from the last price of 5.90.
What is CLSK target price?
Stock Price TargetsHigh$30.00Median$23.00Low$16.00Average$23.00Current Price$5.64
Is CleanSpark a buy right now?
2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CleanSpark in the last twelve months. There are currently 2 buy ratings fo...
When is CleanSpark's next earnings date?
CleanSpark is scheduled to release its next quarterly earnings announcement on Monday, August 15th 2022. View our earnings forecast for CleanSpark .
How were CleanSpark's earnings last quarter?
CleanSpark, Inc. (NASDAQ:CLSK) announced its quarterly earnings results on Tuesday, May, 10th. The company reported $0.48 EPS for the quarter, beat...
What price target have analysts set for CLSK?
2 equities research analysts have issued 12 month price targets for CleanSpark's stock. Their forecasts range from $16.00 to $30.00. On average, th...
Who are CleanSpark's key executives?
CleanSpark's management team includes the following people: Mr. S. Matthew Schultz , Exec. Chairman (Age 53, Pay $2.84M) Mr. Zachary K. Bradford...
Who are some of CleanSpark's key competitors?
Some companies that are related to CleanSpark include Ebix (EBIX) , Unisys (UIS) , Telos (TLS) , Embark Technology (EMBK) , OneSpan (OSPN) ,...
What other stocks do shareholders of CleanSpark own?
Based on aggregate information from My MarketBeat watchlists, some companies that other CleanSpark investors own include Sorrento Therapeutics (SR...
What is CleanSpark's stock symbol?
CleanSpark trades on the NASDAQ under the ticker symbol "CLSK."
Who are CleanSpark's major shareholders?
CleanSpark's stock is owned by many different retail and institutional investors. Top institutional investors include BlackRock Inc. (6.09%), Vangu...
About CleanSpark
CleanSpark (NASDAQ:CLSK) Frequently Asked Questions
CleanSpark, Inc. is a sustainable bitcoin mining and energy technology company that is focused on solving modern energy challenges. It provides advanced energy software and control technology that allows energy users to obtain resiliency and economic optimization.
About CLSK
2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for CleanSpark in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" CleanSpark stock. View analyst ratings for CleanSpark or view top-rated stocks.
Analyst Forecast
CleanSpark, Inc. provides bitcoin mining and energy technology solutions worldwide. It operates in two segments, Digital Currency Mining and Energy. The Digital Currency Mining segment engages in mining of bitcoin.
News
According to 8 analysts, the average rating for CLSK stock is "Buy." The 12-month stock price forecast is 23.46, which is an increase of 168.11% from the latest price.
Overview
Is it a good or bad thing when a stock surpasses resistance at the 50-day simple moving average?
Sustainable Bitcoin Mining
CleanSpark, Inc., is a leading bitcoin mining company listed on the NASDAQ and incorporated in Nevada. We sustainably mine bitcoin by sourcing regional energy mixes with strong renewable energy portfolios and participating in renewable energy credit programs.
The Future of Energy
Bitcoin mining is energy intensive, but that doesn’t mean it can’t be done efficiently and sustainably. We developed a digital currency mining division because we hope to lead the industry’s efforts toward sustainable practices.
Let's Connect
Dwelling on the past can’t change the future – but actions can. CleanSpark keeps the future in mind by helping people prepare for it today. Homes and businesses of all sizes use our microgrid technologies to operate independently of the utility grid.
Bitcoin mining for a better world
We take our relationships seriously. We'll never spam you or sell your information.
Supporting Blockchain Technologies With Sustainable Energy
We’re fellow citizens of the world, experiencing the same energy, environmental, and economic challenges that you are. Soaring rate increases from centralized power companies. Increasing natural disasters related to climate change. Growing uncertainty surrounding macroeconomic conditions.
Our Energy Systems Are Designed For You
We’re fellow citizens of the world experiencing the same energy and environmental issues you are. As a bitcoin mining company with an energy technology background, we’re uniquely able to address some of our world’s most pressing challenges.
Revenue is growing, but the company shocked investors with the size of its quarterly loss
Your home or business is unique—the system you choose to manage your energy needs should be unique too. Our solutions are customized to keep you connected to the things in your home and the people in your life that matter most to you.
What happened
I've been a contributor with the Motley Fool since 2019 and it's been a supreme joy to try to help make the world a little smarter, happier, and richer every day. What's great about exploring business and the economy is the insight it gives you into how things are in the world.
So what
Shares of cryptocurrency-mining and energy-technology company CleanSpark ( NASDAQ:CLSK) got hammered on Tuesday after it reported financial results for the third quarter of 2021. Management talked up the company's growth, particularly when it comes to mining Bitcoin ( CRYPTO:BTC).
Now what
For the third quarter, CleanSpark reported revenue of $11.9 million, which was up 250% from the same quarter last year. And looking at the first three quarters of fiscal 2021, the company's revenue is up 176% to $22.3 million. Most of this growth is coming from its Bitcoin mining business.
