CleanSpark
CLSK

$17.12

6.61%

Market Cap: 3.9B

About: Cleanspark Inc is a bitcoin mining company. Through CleanSpark, Inc., and the Company's wholly owned subsidiaries, the company mines bitcoin. The company entered the bitcoin mining industry through its acquisition of ATL. Bitcoin mining is the sole reportable segment of the company.

Employees: 131

Financials Finance Services

0

Funds holding %

of 6,702 funds

0

Analysts bullish %

of 18 analysts

0

News positive %

of 19 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

170% more first-time investments, than exits

New positions opened: 73 | Existing positions closed: 27

122% more capital invested

Capital invested by funds: $941M [Q4 2023] → $2.09B (+$1.15B) [Q1 2024]

100% more funds holding in top 10

Funds holding in top 10: 1 [Q4 2023] → 2 (+1) [Q1 2024]

64% more repeat investments, than reductions

Existing positions increased: 74 | Existing positions reduced: 45

44% more call options, than puts

Call options by funds: $298M | Put options by funds: $207M

29% more funds holding

Funds holding: 159 [Q4 2023] → 205 (+46) [Q1 2024]

3.75% more ownership

Funds ownership: 46.18% [Q4 2023] → 49.92% (+3.75%) [Q1 2024]

See Fund Rankings

Research analyst outlook

18 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target

$12.50

27%

downside

Avg. target

$24

38%

upside

High target

$28

64%

upside

18 analyst ratings

16 positive

89%

2 neutral

11%

0 negative

0%

Cantor Fitzgerald Brett Knoblauch	64%upside $28	Overweight Maintained	3 Jul 2024
HC Wainwright & Co. Mike Colonnese	58%upside $27	Buy Reiterated	28 Jun 2024
HC Wainwright & Co. Mike Colonnese	58%upside $27	Buy Reiterated	18 Jun 2024
Cantor Fitzgerald Brett Knoblauch	58%upside $27	Overweight Assumed	11 Jun 2024
JP Morgan Reginald Smith	27%downside $12.5	Neutral Maintained	4 Jun 2024

See Analyst Rankings

Financial journalist opinion

Based on 19 articles about CLSK published over the past 30 days

Zacks Investment Research

CleanSpark (CLSK) Rises Higher Than Market: Key Facts

In the latest trading session, CleanSpark (CLSK) closed at $18.13, marking a +1.63% move from the previous day.

CleanSpark (CLSK) Rises Higher Than Market: Key Facts

3 Essential Stocks to Own During Market Rotation

While the majority of investors are still caught up in the technology sector's rise, with stocks exposed to the artificial intelligence trend having the best price action, like Nvidia Co. NASDAQ: NVDA, there are some cracks in the foundation that others have started to pay attention to. The so-called rotation is approaching the market, with Wall Street personas like Stanley Druckenmiller (who traded shoulder-to-shoulder with George Soros) making the first move.

3 Essential Stocks to Own During Market Rotation

Future Shock: 3 Tech Stocks That Will Blow Your Mind (and Portfolio)

The future is tech-driven, and investing in tech stocks at the forefront of innovation can be a lucrative strategy. Opportunities in growing sectors and industries like artificial intelligence, cybersecurity, renewable energy, and autonomous vehicles offer real prospects to grow your portfolio.

Future Shock: 3 Tech Stocks That Will Blow Your Mind (and Portfolio)

Riding the Latest Bitcoin Wave: 4 Crypto Stocks Surging Higher

As the digital currency giant Bitcoin stages an impressive rally and surges beyond the $64,500 mark, excitement and anticipation have again begun to grip market participants. The cryptocurrency market's volatility and thrill continue to captivate seasoned investors and curious newcomers.

Riding the Latest Bitcoin Wave: 4 Crypto Stocks Surging Higher

The Motley Fool

2 Breakout Growth Stocks You Can Buy and Hold for the Next Decade

Many speculative growth stocks tumbled in a high-interest-rate environment. CleanSpark could keep growing as it profits from the Bitcoin mining boom.

2 Breakout Growth Stocks You Can Buy and Hold for the Next Decade

Crypto Stocks Back on the Radar: Top Picks to Watch

Typically, cryptocurrency-related stocks aren't the first ones that come to mind for investors looking to diversify their portfolios and align themselves with the best potential upside in the coming months. However, outperforming the market involves recognizing shifts and making adjustments that align with these changes.

Crypto Stocks Back on the Radar: Top Picks to Watch

The Motley Fool

Why Bitcoin and Crypto Stocks Soared or Slumped in the First Half of 2024

Understanding Bitcoin's cycles and key players' strategies can provide a significant edge for investors. MicroStrategy continues to amplify Bitcoin's long-term gains with aggressive buying strategies.

Why Bitcoin and Crypto Stocks Soared or Slumped in the First Half of 2024

Zacks Investment Research

CleanSpark (CLSK) Loses 13% in a Month: Should You Buy the Dip?

CleanSpark's (CLSK) recent dip does not justify buying the shares, given the volatile price movement of its only mining product, Bitcoin.

CleanSpark (CLSK) Loses 13% in a Month: Should You Buy the Dip?

Zacks Investment Research

CleanSpark (CLSK) Sees a More Significant Dip Than Broader Market: Some Facts to Know

In the most recent trading session, CleanSpark (CLSK) closed at $14.96, indicating a -1.45% shift from the previous trading day.

CleanSpark (CLSK) Sees a More Significant Dip Than Broader Market: Some Facts to Know

The Motley Fool

Is CleanSpark a Millionaire Maker Stock?

CleanSpark has outperformed the Bitcoin mining sector this year. Its clean-energy foundations give it an edge as energy and mining costs rise.

Is CleanSpark a Millionaire Maker Stock?

See News Rankings