CleanSpark (CLSK) PT Raised at Keefe Bruyette – Here’s Why
Keefe Bruyette raised its price target on CleanSpark (CLSK) from $14 to $16, maintaining an Outperform rating, while Maxim also increased its target from $18 to $22 with a Buy rating. This decision comes despite CleanSpark missing Q2 revenue and adjusted EBITDA estimates, primarily due to the company's strategic diversification into AI infrastructure. Analysts highlight CleanSpark's ability to provide immediate power and expand at existing sites, differentiating it from competitors in the AI data center sector.
Cleanspark, Inc. (CLSK) is Attracting Investor Attention: Here is What You Should Know
CleanSpark (CLSK) has been drawing investor attention, with its shares returning +26.1% over the past month, significantly outperforming the S&P 500. Despite a Zacks Rank #3 (Hold), indicating expected in-line performance with the broader market, the company's future earnings and revenue growth are closely watched. Analysts anticipate a loss for the current quarter but significant revenue and earnings growth for the next fiscal year.
CleanSpark (CLSK) Stock Draws Fresh Targets As AI Pivot Accelerates
CleanSpark (CLSK) stock rose by 7.69% following analyst target increases from Maxim, Keefe Bruyette, and Macquarie, all of whom highlighted the company's emerging role in AI infrastructure alongside its bitcoin mining operations. Despite a Q2 earnings miss and GAAP net loss due to non-cash bitcoin marks, the market is focusing on CleanSpark's power capacity, data center footprint, and AI/HPC positioning. The company continues to show operational momentum in bitcoin mining, holding 13,600 BTC, while analysts now view it as a power-rich data-center operator pivoting towards AI.
CleanSpark names Ruben Sahakyan senior VP of finance
CleanSpark, Inc. has appointed Ruben Sahakyan as Senior Vice President of Finance. Sahakyan will lead Capital Markets, Financial Planning & Analysis, and support M&A activities, bringing expertise from his previous roles in fintech and digital assets investment banking. This appointment follows CleanSpark's recent disappointing financial results for Q2 2026.
Banker on $20B in deals joins CleanSpark for AI infrastructure push
CleanSpark (Nasdaq: CLSK) has appointed Ruben Sahakyan as Senior Vice President of Finance, effective immediately. Sahakyan brings over 15 years of financial services experience, including advising on more than $20 billion in transactions, and will lead Capital Markets, Financial Planning & Analysis, and M&A efforts. His expertise is crucial for CleanSpark as it expands its multi-gigawatt AI and digital infrastructure platform.
CleanSpark Appoints Ruben Sahakyan as Senior Vice President of Finance
CleanSpark, Inc. has appointed Ruben Sahakyan as Senior Vice President of Finance. Sahakyan, a seasoned investment banking executive from Keefe, Bruyette & Woods, will oversee the company's Capital Markets, Financial Planning & Analysis, and M&A functions. This strategic hire aims to bolster CleanSpark's growth in AI infrastructure by leveraging Sahakyan's extensive expertise in digital assets and capital markets.
CleanSpark Stock Jumps as Wall Street Chases the AI Power Trade
CleanSpark shares surged after a Bernstein report highlighted bitcoin miners' potential to convert their power capacity into high-value AI infrastructure. Bernstein issued an Outperform rating and a $24 price target, emphasizing that the scarcity of readily available electricity for grid connection is crucial for AI data centers. The company aims to leverage its bitcoin mining operations to fund a platform that will eventually monetize through longer-duration AI leases, addressing the growing demand for high-performance computing.
Cleanspark, Inc. Trade Ideas — BOATS:CLSK
This article compiles various trade ideas and technical analyses for CleanSpark, Inc. (CLSK) from different contributors on TradingView. The majority of analyses, primarily from "ElliottChart," predict a short-term bearish trend with continued declines and specific retracement targets, often referencing Elliott Wave theory. One analyst, "ForexClinik," provides a bullish entry strategy with defined stop loss and take profit levels.
CleanSpark (CLSK) Climbs 9.3% as Analyst ‘Highly Optimistic’
CleanSpark (NASDAQ:CLSK) shares climbed 9.3% after Bernstein issued a bullish call, setting a $24 price target and an outperform rating. This optimism stems from a new AI cloud venture by Google and Blackstone, expected to benefit Bitcoin miners adapting to data centers. Despite the positive analyst outlook, CleanSpark reported an expanded net loss and declining revenues in its first quarter earnings.
CleanSpark Jumps 6.1% After Macquarie Maintains Outperform
CleanSpark (CLSK) surged 6.1% to $14.26 after two Wall Street firms, Macquarie and Keefe, Bruyette & Woods, maintained their Outperform ratings and increased price targets. Macquarie raised its target from $18 to $22, while Keefe, Bruyette & Woods lifted its target from $14 to $16, resulting in an average target of $19. This analyst optimism suggests fresh conviction in the company's near-term prospects and has led to heightened investor interest.
CleanSpark (CLSK) Is Down 6.0% After Deepening Losses And Pivot Toward AI Hosting – What’s Changed
CleanSpark (CLSK) reported significant Q2 and six-month net losses but is pivoting towards AI hosting and high-performance computing, aiming to leverage its contracted power capacity. The company plans to use its Bitcoin treasury and derivatives for liquidity to fund this new growth. Investors are evaluating whether CleanSpark can successfully convert its power assets into a profitable AI and HPC leasing engine despite current losses and optimistic analyst forecasts.
HIVE Digital Rockets 34%, T1 Energy Jumps 20% on Aschenbrenner Buzz, but CleanSpark, Riot, CoreWeave Stay Quiet
HIVE Digital Technologies (HIVE) and T1 Energy (TE) saw significant stock surges of 34% and 20% respectively, driven by social media speculation surrounding Leopold Aschenbrenner's 13-F filing. This rally is noted as a potential "crowded pair trade" as Aschenbrenner's verified holdings in companies like CleanSpark, Riot Platforms, and CoreWeave remained flat or declined, indicating a lack of broader institutional conviction in the speculative picks. The article suggests that traders are chasing buzz rather than confirmed institutional theses, especially given the sluggish performance of Aschenbrenner's explicit infrastructure investments and a dip in Bitcoin prices.
Cleanspark, Inc. (NASDAQ:CLSK) Receives Consensus Rating of "Moderate Buy" from Analysts
Cleanspark, Inc. (NASDAQ:CLSK) has received a "Moderate Buy" consensus rating from analysts, with a target price of $20.4423 despite recent weaker-than-expected earnings. The company reported an EPS of -$1.52 and revenue of $136.41 million, missing analyst forecasts. The stock remains volatile, but institutional ownership is at 43.12%, with several firms increasing their holdings.
Cleanspark, Inc. Trade Ideas — BX:CLSK
This article provides various trade ideas and technical analyses for Cleanspark, Inc. (CLSK) stock, primarily focusing on potential declines based on Elliott Wave theory, with a recurring target of 6.27. Several analyses predict further declines ranging from 17% to 30% in the coming weeks. Additionally, one analysis highlights Cleanspark's upcoming inclusion in the S&P SmallCap 600 index, indicating potential for increased visibility and institutional investment, and notes a promising inverse head and shoulders pattern for Ethereum Futures linked to the bitcoin mining industry.
CleanSpark (CLSK) EVP RSU vesting, tax withholding and remaining equity awards
CleanSpark EVP Scott Eugene Garrison engaged in routine equity compensation activity, exercising 2,677 Restricted Stock Units for common shares on May 13, 2026. To cover tax obligations, 1,192 shares were disposed of on May 14, 2026, at a weighted average price of $13.9807 per share. Garrison now directly holds 200,908 common shares and retains substantial unvested equity, including RSUs, performance units, and employee stock options, subject to future vesting and performance conditions.
CleanSpark (NASDAQ: CLSK) CFO exercises stock units, small tax share disposition
CleanSpark's President and CFO, Gary Anthony Vecchiarelli, recently exercised 1,606 restricted stock units and subsequently disposed of 632 shares to cover tax obligations at a weighted average price of $13.9807 per share. These transactions are described as routine equity compensation activity and do not significantly alter his overall holdings, which include 63,145 direct common shares and 600,000 indirect shares. He also retains substantial performance and restricted stock units subject to future vesting conditions.
Cleanspark (CLSK) CTO/COO Monnig exercises RSUs and disposes shares for taxes
Cleanspark's CTO and COO, Taylor Monnig, recently exercised 535 Restricted Stock Units (RSUs) and subsequently disposed of 211 common shares to cover tax obligations. This transaction leaves him with 168,905 directly owned common shares, along with significant unvested equity awards tied to future performance and vesting schedules. These unvested awards include Performance Stock Units and additional RSUs, some requiring the stock to reach specific price targets and operational capacity goals.
Why Is CleanSpark Stock Plunging Today?
CleanSpark, Inc. (NASDAQ: CLSK) shares are falling after announcing worse-than-expected second-quarter results, including an EPS loss of $1.52 and revenue below consensus estimates. The company reported a net loss of $378 million and a shift towards becoming a digital infrastructure and AI data center developer, leveraging its energy and mining expertise. Despite the strategic shift, the company's Q2 performance led to an 8.87% drop in share price during premarket trading.
CleanSpark Earnings Call Maps Pivot Beyond Bitcoin
CleanSpark's Q2 earnings call revealed a strategic shift to digital infrastructure and AI/HPC platforms, moving beyond its primary identity as a Bitcoin miner. Despite near-term financial challenges like cash burn and execution risks for large projects, the company highlighted a strong balance sheet, substantial power capacity, and modular construction expertise. CleanSpark aims to leverage its considerable power footprint and ongoing developments in Sandersville and Houston to secure long-duration revenues from AI and high-performance computing tenants.
CleanSpark, Inc. Stock 12‑Month Price Target Raised to $20.5, Implies 52% Upside
CleanSpark, Inc.'s average 12-month price target has been increased to $20.5 by 13 analysts, up from $20.19, with individual forecasts ranging from $16 to $26 per share. This new target suggests a potential upside of approximately 52% from its May 12 closing price. The consensus among all 13 covering analysts remains a "Buy" rating.
CleanSpark, Inc. Stock 12‑Month Price Target Raised to $20.42, Implies 52% Upside
CleanSpark, Inc.'s average price target has been increased from $20.08 to $20.42 by 12 analysts, with a forecast range of $16 to $26 per share. This new target suggests a potential 52% upside based on the May 12 closing price. The consensus rating for CleanSpark, Inc. remains a "Buy" from all 12 covering analysts.
CleanSpark CLSK Slides After Big Q2 Earnings Miss
CleanSpark (CLSK) stock slid 8.08% after missing Q2 earnings and revenue estimates. The company reported a Q2 loss of $1.52 per share, significantly wider than the expected $0.56 loss, and revenue of $136.4M, below the $145.4M FactSet estimate. This performance signals considerable pressure on profitability and operating costs, despite the company's strong balance sheet and high gross margins.
CleanSpark, Inc. Stock 12‑Month Price Target Raised to $19.75, Implies 38% Upside
CleanSpark, Inc.'s average 12-month price target has increased from $19.33 to $20.08, based on estimates from 12 analysts, with a range of $16 to $26 per share. This new target suggests a 40% potential upside from its May 11 closing price. The consensus rating for CleanSpark remains a "Buy" from all 12 covering analysts.
CleanSpark stock slides 9% as quarterly earnings miss estimates on bitcoin holdings loss
CleanSpark (CLSK) stock dropped over 9% after the company reported a significant net loss of $378.3 million for its second fiscal quarter, far exceeding analyst estimates. This loss was heavily influenced by a $224.1 million non-cash bitcoin fair value loss due to market volatility. Despite increased bitcoin holdings and a shift towards AI/HPC uses, the company's revenue also missed estimates, reflecting the industry-wide challenge of bitcoin mining costs surpassing the cryptocurrency's current price.
CleanSpark, Inc. (NASDAQ:CLSK) Q2 2026 Earnings Call Transcript
CleanSpark, Inc. (NASDAQ: CLSK) reported its Q2 2026 earnings, missing EPS expectations with a net loss largely due to non-cash Bitcoin mark-to-market adjustments. The company is transitioning its strategy to become a digital infrastructure and data center development company, leveraging its energy expertise and Bitcoin mining operations to build AI data factories. CleanSpark is focused on long-term leases with high-quality tenants for its expansive 1.8 gigawatts of contracted capacity, particularly at sites like Sandersville, Sealy, and Brazoria, while also addressing talent acquisition and construction challenges through modular building approaches.
CleanSpark posts Q2 loss on $224M BTC impairment as AI pivot accelerates: Earnings
CleanSpark reported a significant Q2 2026 loss of $378.3 million, or $1.52 per basic share, largely due to a $224 million Bitcoin impairment. The company's revenue also declined by 24.9% to $136.4 million, missing Wall Street expectations. CleanSpark is actively pivoting towards AI and high-performance computing (HPC) by commercializing its assets and expanding its infrastructure, aiming to leverage its strong balance sheet for future growth despite current financial setbacks.
CLSK SEC Filings - Cleanspark Inc 10-K, 10-Q, 8-K Forms
This page provides access to CleanSpark Inc.'s (CLSK) SEC filings, including 10-K, 10-Q, and 8-K forms, with AI-generated summaries, impact scoring, and sentiment analysis for each filing. Recent filings detail RSU vesting and insider transactions for executives, a disclosure of 4.8% ownership by Susquehanna entities, and fiscal results for Q4 2025 showing a significant net loss despite increased bitcoin mining revenue, largely due to fair value and collateral losses on bitcoin. The company also announced its virtual 2026 annual stockholder meeting and discussed its strategy to expand into high-performance computing and AI data centers.
CleanSpark, Inc. 2026 Q2 - Results - Earnings Call Presentation (NASDAQ:CLSK) 2026-05-11
CleanSpark, Inc. published its Q2 2026 earnings call presentation, reporting an EPS of -$0.49, missing estimates by $0.26, and revenue of $136.41M, a 24.93% year-over-year decrease, missing estimates by $3.49M. The slide deck accompanies the earnings call conducted on May 11, 2026. This article was prepared by the Seeking Alpha Transcripts team, which regularly publishes thousands of quarterly earnings calls.
Earnings call transcript: CleanSpark Inc. misses Q2 2026 earnings expectations
CleanSpark Inc. reported significant misses on both earnings and revenue for Q2 2026, with an EPS of -1.52 against an expected -0.41 and revenue of $136.4 million versus a $152.32 million forecast. The company's stock declined by 0.77% aftermarket, reflecting concerns as it navigates a strategic shift from Bitcoin mining to digital infrastructure development. CleanSpark emphasized its strong liquidity and operational efficiency to support this transition, alongside a disciplined approach to capital allocation and asset monetization.
CleanSpark Q2 earnings, revenue miss as company speeds its digital infrastructure shift (CLSK:NASDAQ)
CleanSpark (CLSK) reported fiscal Q2 earnings and revenue that missed analyst estimates, leading to a 4.3% drop in its stock during after-hours trading. The company, a bitcoin mining and data center developer, showed a GAAP EPS of -$1.52. This performance comes as CleanSpark accelerates its shift into digital infrastructure.
CleanSpark: Fiscal Q2 Earnings Snapshot
CleanSpark (CLSK) reported a significant fiscal second-quarter loss of $378.3 million, or $1.52 per share. Adjusting for non-recurring costs, the loss was 52 cents per share, which missed analysts' expectations of 25 cents per share. The company's revenue of $136.4 million also fell short of Street forecasts.
Earnings Flash (CLSK) CleanSpark, Inc. Reports Q2 Revenue $136.4M, vs. FactSet Est of $145.4M
CleanSpark, Inc. (CLSK) reported Q2 revenue of $136.4 million, which fell short of FactSet's estimate of $145.4 million. The company is a bitcoin mining firm operating data centers across various US states with a substantial contracted power capacity and operates a large fleet of bitcoin mining machines.
State of New Jersey Common Pension Fund D Takes $2.02 Million Position in Cleanspark, Inc. $CLSK
The State of New Jersey Common Pension Fund D has acquired a new stake in Cleanspark, Inc. (NASDAQ:CLSK), purchasing 199,524 shares valued at approximately $2.02 million during the fourth quarter. This acquisition represents about 0.08% of CleanSpark's stock. Other institutional investors have also increased their holdings in CLSK, leading to hedge funds and institutions now owning 43.12% of the stock.
Sanctuary Advisors LLC Sells 93,647 Shares of Cleanspark, Inc. $CLSK
Sanctuary Advisors LLC significantly reduced its stake in Cleanspark, Inc. (NASDAQ:CLSK) during the fourth quarter, selling 93,647 shares and retaining 48,056 shares valued at $486,000. Despite this and mixed institutional activity, Cleanspark maintains a "Moderate Buy" analyst rating with a consensus price target of $20.29, against a recent trading price of $14.20. The company, an energy software and services provider specializing in microgrid controls, has shown recent price performance with a one-year low of $8.00 and a high of $23.61.
UBS Group AG Acquires 1,602,830 Shares of Cleanspark, Inc. $CLSK
UBS Group AG significantly increased its stake in Cleanspark, Inc. (NASDAQ:CLSK) by 81.1% in the fourth quarter, purchasing over 1.6 million additional shares and bringing its total holdings to 3,579,166 shares valued at approximately $36.2 million. Other institutional investors like Vanguard and Invesco also boosted their positions, with institutions now owning about 43.12% of the stock. While analyst sentiment is mixed, the stock holds an average "Moderate Buy" rating with a target price of $20.29.
CLSK SEC Filings - Cleanspark Inc 10-K, 10-Q, 8-K Forms
This page provides a comprehensive resource for investors and traders to access CleanSpark Inc. (CLSK) SEC filings, including annual reports (10-K), quarterly earnings (10-Q), material events (8-K), and insider trading forms. It details recent filings covering equity transactions, changes to corporate bylaws, new credit facilities, and an increase in an existing credit facility, all aimed at supporting the company's Bitcoin mining and high-performance computing expansion. The platform also offers AI-powered tools to summarize and analyze these complex disclosures.
New York State Teachers Retirement System Buys 93,649 Shares of Cleanspark, Inc. $CLSK
The New York State Teachers Retirement System increased its stake in Cleanspark, Inc. (NASDAQ: CLSK) by 37.7% in Q4, purchasing 93,649 additional shares to own a total of 341,749 shares valued at $3.46 million. Several other large institutions, including Voloridge Investment Management LLC and UBS Group AG, also significantly increased their holdings, bringing total institutional ownership to 43.12%. Analysts have a "Moderate Buy" consensus rating for CLSK, with an average price target of $20.29.
CLSK SEC Filings - Cleanspark Inc 10-K, 10-Q, 8-K Forms
This page provides a comprehensive overview of CleanSpark (CLSK) SEC filings, including 10-K, 10-Q, and 8-K reports, along with insider trading forms. It details the company's evolution as a Bitcoin miner and data center developer, highlighting its financial performance, strategic moves into AI/HPC, and significant financial transactions like convertible senior notes offerings. The platform also offers AI-powered summaries and sentiment analysis for these regulatory disclosures.
CleanSpark (CLSK) Suffers a Larger Drop Than the General Market: Key Insights
CleanSpark (CLSK) closed down 3.52% at $13.99, underperforming the S&P 500, Dow, and Nasdaq. The company’s upcoming earnings report on May 11, 2026, projects a significant EPS drop and revenue decrease compared to the previous year. CleanSpark currently holds a Zacks Rank of #4 (Sell), with analysts maintaining steady EPS estimates over the past month.
-3.21% for CleanSpark stock as preferred stock quarterly dividend eliminated
CleanSpark (CLSK) stock declined by 3.21% following an earnings report that showed a quarterly loss of $1.35 per share due to non-cash Bitcoin fair value losses, despite revenue of $181.2 million. The company is actively diversifying into AI and high-performance computing data centers and eliminated its Series A Preferred Stock quarterly dividend, issuing a one-time special payout instead. While technical indicators suggest an overbought state and potential for short-term consolidation, analysts view the strategic shift as positive for future growth.
CleanSpark reports 640 bitcoin mined in April, 13,453 total held
CleanSpark Inc. reported mining 640 bitcoin in April, with a total holding of 13,453 bitcoin as of April 30. The company's shares have surged, and despite an InvestingPro Tip about burning cash, analysts like Needham have raised price targets due to recent business advancements, including a Texas campus acquisition and an upcoming AI infrastructure platform.
CleanSpark mined 640 bitcoin in April as 1.8-gigawatt AI buildout advances
CleanSpark produced 640 bitcoin in April 2026, reaching an operational hashrate of 50.0 EH/s, and reported 1.8 GW under contract for its developing AI infrastructure platform. The company's total bitcoin holdings stood at 13,453 BTC at the end of April, with an average sale price of $74,807 for bitcoin sold during the month. CleanSpark's CEO emphasized that bitcoin mining funds the platform, while the ongoing AI buildout is expected to monetize it through hyperscale customer engagements.
Second Texas campus acquisition adds 300 MW, lifting Cleanspark stock nearly 4%
CleanSpark has expanded its operational footprint to over 1.8 GW with the acquisition of a second Texas campus, adding 300 MW of capacity. This strategic growth, alongside a shift to a one-time special dividend for preferred holders, has driven a nearly 4% increase in its stock price. Technical analysis indicates a bullish trend, with CLSK trading above key moving averages and a high probability of price consolidation between $13.00 and $14.65 in the near term.
CleanSpark Executives to Discuss Q2 2026 Financial Results Via Webcast
CleanSpark, Inc. (Nasdaq: CLSK) will host a live webcast on Monday, May 11, 2026, at 4:30 p.m. ET / 1:30 p.m. PT to discuss its fiscal second quarter 2026 financial results. The company, a market-leading data center developer, operates a portfolio of over 1.8 GW of power across the United States. Downloadable materials, including a transcript, will be available on their website 48 hours after the event.
CleanSpark will discuss fiscal Q2 2026 results in May 11 webcast
CleanSpark (Nasdaq: CLSK) announced it will discuss its fiscal second-quarter 2026 financial results via a live webcast on Monday, May 11, 2026, at 4:30 p.m. ET. Downloadable files and a transcript will be available on the company website 48 hours after the event. Historically, earnings-related webcasts and results for CLSK have often coincided with negative stock performance, averaging a -4.09% move.
CleanSpark Executives to Discuss Q2 2026 Financial Results Via Webcast
CleanSpark, Inc. (Nasdaq: CLSK) will host a live webcast on Monday, May 11, 2026, at 4:30 p.m. ET to discuss its fiscal second quarter 2026 financial results. The company, a market-leading data center developer, invites investors and interested parties to view the webcast, with downloadable transcripts becoming available 48 hours later on their website.
CleanSpark Executives to Discuss Q2 2026 Financial Results Via Webcast
CleanSpark, Inc. (Nasdaq: CLSK) announced that its executives will discuss the company's fiscal second-quarter 2026 financial results during a live webcast on Monday, May 11, 2026, at 4:30 p.m. ET. The company, a market-leading data center developer, will make downloadable files, including a transcript, available on its website after the event.
CleanSpark Jumps 5.6% Amid Sector-Wide Rally
CleanSpark (CLSK) shares jumped 5.6% on Monday, closing at $12.86 due to a sector-wide rally, with 15.6 million shares traded. The capital markets company's stock surge was mirrored by peers, indicating a broader market rotation rather than company-specific news. Analysts maintain a stable to positive outlook, with one recent price target upgrade and no downgrades, reinforcing the positive sentiment.
Cleanspark, Inc. (CLSK) is a trending stock: Facts to know before betting on it
This article analyzes CleanSpark, Inc. (CLSK) as a trending stock, providing key insights for potential investors. It examines the factors contributing to its current market interest and offers data points to consider before making investment decisions. The piece aims to equip investors with essential information to evaluate CLSK's potential.
CleanSpark (CLSK) jumps 10.4% as miners rally on crypto-linked sentiment and renewed focus on its scaling and AI/HPC optionality
CleanSpark (CLSK) saw a 10.4% jump in its stock price, attributed to positive sentiment in bitcoin-linked equities and the company's focus on scaling its mining operations and developing AI/HPC infrastructure. The rally also appears driven by momentum in a volatile sector, with recent operational updates highlighting increased hashrate and bitcoin production, alongside plans for AI and high-performance computing expansion. Insider sales and significant institutional investor activity were also noted for CLSK.
