Cleanspark Inc [NASDAQ: CLSK] stock went on an upward path that rose over 36230460% on Friday, amounting to a one-week price decrease of less than -7.31%.
Over the last 12 months, CLSK stock dropped by -2.28%. The one-year Cleanspark Inc stock forecast points to a potential downside of -133595959.11. The average equity rating for CLSK stock is currently 1.27, trading closer to a bullish pattern in the stock market.
The market cap for the stock reached $2.53 billion, with 280.90 million shares outstanding and 272.89 million shares in the current float. Compared to the average trading volume of 27.12M shares, CLSK stock reached a trading volume of 36230460 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on Cleanspark Inc [CLSK]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for CLSK shares is $20.30 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on CLSK stock is a recommendation set at 1.27. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Chardan Capital Markets have made an estimate for Cleanspark Inc shares, keeping their opinion on the stock as Buy, with their previous recommendation back on May 21, 2025. While these analysts kept the previous recommendation, Needham raised their target price to Buy. The new note on the price target was released on February 12, 2025, representing the official price target for Cleanspark Inc stock. Previously, the target price had yet another raise to $19, while Keefe Bruyette analysts kept a Outperform rating on CLSK stock. On December 10, 2024, analysts increased their price target for CLSK shares from 10.50 to 17.
The Price to Book ratio for the last quarter was 1.34, with the Price to Cash per share for the same quarter was set at 3.34.
CLSK Stock Performance Analysis:
Cleanspark Inc [CLSK] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -7.31. With this latest performance, CLSK shares dropped by -7.22% in over the last four-week period, additionally sinking by -27.88% over the last 6 months – not to mention a drop of -2.28% in the past year of trading.
Insight into Cleanspark Inc Fundamentals:
Operating Margin for any stock indicates how profitable investing would be, and Cleanspark Inc [CLSK] shares currently have an operating margin of -17.39% and a Gross Margin at -6.78%. Cleanspark Inc’s Net Margin is presently recorded at -36.39%.
Return on Equity for this stock declined to -9.08%, with Return on Assets sitting at -9.08%.
Cleanspark Inc [CLSK] Institutonal Ownership Details
There are presently around $63.30%, or 64.80%% of CLSK stock, in the hands of institutional investors. The top three institutional holders of CLSK stocks are: BLACKROCK INC. with ownership of 18.07 million shares, which is approximately 7.9011%. VANGUARD GROUP INC, holding 15.74 million shares of the stock with an approximate value of $$251.02 million in CLSK stocks shares; and VANGUARD GROUP INC, currently with $$113.62 million in CLSK stock with ownership which is approximately 3.1156%.
