Cleanspark, Inc. (NASDAQ:CLSK) Receives $23.10 Average Price Target from Analysts

Cleanspark, Inc. (NASDAQ:CLSK) has been given a consensus recommendation of “Buy” by the fifteen research firms that are covering the stock, MarketBeat.com reports. One equities research analyst has rated the stock with a hold rating, thirteen have assigned a buy rating and one has issued a strong buy rating on the company. The average 12-month price target among analysts that have issued a report on the stock in the last year is $23.0577.

Several equities analysts have recently issued reports on the company. Cantor Fitzgerald reissued an “overweight” rating and issued a $21.00 price objective on shares of Cleanspark in a report on Wednesday, November 26th. Maxim Group initiated coverage on shares of Cleanspark in a report on Thursday, January 8th. They issued a “buy” rating and a $22.00 price objective for the company. Needham & Company LLC increased their target price on shares of Cleanspark from $23.00 to $25.00 and gave the stock a “buy” rating in a research note on Wednesday, November 26th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Cleanspark in a research note on Monday, December 29th. Finally, BTIG Research lifted their price target on shares of Cleanspark from $22.00 to $26.00 and gave the company a “buy” rating in a research note on Monday, October 13th.

Cleanspark Stock Performance

CLSK opened at $13.37 on Tuesday. Cleanspark has a 12-month low of $6.45 and a 12-month high of $23.61. The company has a current ratio of 4.18, a quick ratio of 4.18 and a debt-to-equity ratio of 0.30. The firm has a market capitalization of $3.42 billion, a PE ratio of 12.05 and a beta of 3.47. The firm has a 50 day moving average of $12.35 and a two-hundred day moving average of $13.02.

Trending Headlines about Cleanspark

Here are the key news stories impacting Cleanspark this week:

• Positive Sentiment: Company announced a significant Texas land acquisition to expand into AI data center capacity, supporting growth beyond its core energy and bitcoin-mining business and helping re-rate the stock on AI exposure. CLSK Stock Headed To $15?
• Positive Sentiment: Major bank research remains constructive: J.P. Morgan reiterated an overweight view, highlighting potential AI inference use cases at Cleanspark’s Texas sites — a catalyst for revenue diversification and higher valuation multiples. J.P. Morgan stays overweight CleanSpark, citing AI inference uses for Texas sites
• Positive Sentiment: Northland Capmk initiated/maintained bullish coverage with a “Strong-Buy” stance and published multi-period EPS estimates — the initiation and upgrade lifted sentiment and likely supported buying interest. Cleanspark (NASDAQ:CLSK) Upgraded at Northland Capmk
• Neutral Sentiment: Analyst estimates from Northland include detailed quarterly EPS forecasts that show near-term losses but imply potential improvement across FY2026–FY2027; the detail gives investors a clearer roadmap but also highlights earnings volatility. (Source: Northland estimates reported across recent coverage)
• Negative Sentiment: Some market commentary flagged a recent intraday pullback/slide amid broad market moves, underlining the stock’s high volatility and sensitivity to news flow despite positive headlines. CleanSpark (CLSK) Stock Slides as Market Rises: Facts to Know Before You Trade

Insider Activity

In other Cleanspark news, Director Amanda Cavaleri sold 33,000 shares of the business’s stock in a transaction that occurred on Thursday, December 4th. The stock was sold at an average price of $15.02, for a total transaction of $495,660.00. Following the completion of the sale, the director directly owned 107,289 shares in the company, valued at approximately $1,611,480.78. The trade was a 23.52% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Thomas Leigh Wood sold 85,315 shares of the stock in a transaction that occurred on Tuesday, December 23rd. The shares were sold at an average price of $11.69, for a total value of $997,332.35. Following the transaction, the director directly owned 41,421 shares of the company’s stock, valued at $484,211.49. The trade was a 67.32% decrease in their position. The SEC filing for this sale provides additional information. Insiders own 2.65% of the company’s stock.

Institutional Trading of Cleanspark

Large investors have recently bought and sold shares of the business. Hantz Financial Services Inc. grew its position in shares of Cleanspark by 115.5% in the third quarter. Hantz Financial Services Inc. now owns 1,748 shares of the company’s stock valued at $25,000 after purchasing an additional 937 shares in the last quarter. Quarry LP acquired a new position in shares of Cleanspark during the 3rd quarter valued at about $26,000. Salomon & Ludwin LLC purchased a new position in Cleanspark during the third quarter worth about $32,000. Morse Asset Management Inc acquired a new position in Cleanspark in the 3rd quarter valued at about $32,000. Finally, BNP PARIBAS ASSET MANAGEMENT Holding S.A. acquired a new position in Cleanspark in the 2nd quarter valued at about $29,000. Hedge funds and other institutional investors own 43.12% of the company’s stock.

About Cleanspark

CleanSpark, Inc (NASDAQ: CLSK) is a leading energy software and services company specializing in advanced microgrid controls and distributed energy resource (DER) management. The firm develops proprietary software platforms designed to optimize power flows across on-grid and off-grid installations, integrating renewable generation, battery storage, and traditional generation assets. CleanSpark’s technology is used by utilities, commercial and industrial enterprises, and remote facilities seeking to enhance energy resilience, reduce operating costs, and achieve sustainability goals.

In addition to its core software offerings, CleanSpark provides end-to-end engineering, procurement and construction (EPC) services.