Cleanspark (CLSK) to Release Earnings on Thursday

Cleanspark (NASDAQ:CLSK) is expected to post its Q3 2026 results after the market closes on Thursday, August 6th. Analysts expect Cleanspark to post earnings of ($0.29) per share and revenue of $146.0060 million for the quarter. Investors are encouraged to explore the company’s upcoming Q3 2026 earning results page for the latest details on the call scheduled for Thursday, August 6, 2026 at 4:30 PM ET.

Cleanspark (NASDAQ:CLSK) last announced its quarterly earnings data on Monday, May 11th. The company reported ($1.52) earnings per share for the quarter, missing the consensus estimate of ($0.25) by ($1.27). The company had revenue of $136.41 million during the quarter, compared to the consensus estimate of $145.35 million. Cleanspark had a negative net margin of 67.66% and a positive return on equity of 7.07%. Cleanspark’s revenue was down 24.9% on a year-over-year basis. During the same quarter in the previous year, the business earned ($0.49) EPS. On average, analysts expect Cleanspark to post $-1 EPS for the current fiscal year and $-1 EPS for the next fiscal year.

Cleanspark Price Performance

NASDAQ:CLSK opened at $12.01 on Thursday. Cleanspark has a 52-week low of $8.00 and a 52-week high of $23.61. The company has a market cap of $3.08 billion, a P/E ratio of -5.72 and a beta of 3.83. The company has a debt-to-equity ratio of 1.81, a quick ratio of 8.26 and a current ratio of 8.26. The stock’s 50-day simple moving average is $15.36 and its 200 day simple moving average is $12.62.

Analyst Ratings Changes

A number of research firms have weighed in on CLSK. Cantor Fitzgerald raised their price target on Cleanspark from $17.00 to $26.00 and gave the company an “overweight” rating in a research note on Wednesday, July 15th. Needham & Company LLC upped their price objective on Cleanspark from $18.00 to $23.00 and gave the stock a “buy” rating in a research note on Wednesday, July 15th. BTIG Research reissued a “buy” rating and issued a $26.00 price objective on shares of Cleanspark in a report on Tuesday, July 14th. Keefe, Bruyette & Woods boosted their target price on shares of Cleanspark from $16.00 to $25.00 and gave the stock an “outperform” rating in a report on Tuesday. Finally, Zacks Research raised shares of Cleanspark from a “strong sell” rating to a “hold” rating in a research report on Friday, July 10th. One analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, one has issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $23.35.

Institutional Trading of Cleanspark

A number of hedge funds have recently made changes to their positions in CLSK. Integrated Wealth Concepts LLC bought a new position in shares of Cleanspark during the 1st quarter worth approximately $68,000. Caxton Associates LLP bought a new stake in Cleanspark in the 1st quarter valued at $169,000. United Services Automobile Association acquired a new stake in Cleanspark during the 1st quarter valued at $125,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its position in Cleanspark by 16.8% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 598,994 shares of the company’s stock worth $4,025,000 after purchasing an additional 86,229 shares during the period. Finally, Strs Ohio bought a new position in Cleanspark during the first quarter worth $38,000. 43.12% of the stock is owned by institutional investors and hedge funds.

Key Cleanspark News

Here are the key news stories impacting Cleanspark this week:

• Positive Sentiment: A 20-year, $6.6 billion triple-net lease covering 175 megawatts at CleanSpark’s Sandersville, Georgia, facility supports the company’s pivot toward AI infrastructure and could provide significant recurring revenue. The stock may have additional upside if CleanSpark leases its remaining 885 megawatts of Texas capacity. Is CleanSpark Undervalued After Its 20 Year Infrastructure Lease?
• Positive Sentiment: Analysts raised their valuation targets, with Keefe, Bruyette & Woods increasing its target from $16 to $25 and maintaining an “outperform” rating, while Chardan Capital lifted its target from $19 to $21 and kept a “buy” rating. These targets indicate substantial potential upside if the AI data-center expansion is executed successfully. Analyst Price Target Updates
• Neutral Sentiment: Recent coverage highlighted increased investor and analyst attention toward CleanSpark, but the reports did not identify a major new operating catalyst beyond the previously announced lease. CleanSpark Investor Attention
• Negative Sentiment: Despite the large lease, an analysis downgraded CleanSpark from “strong buy” to “buy,” citing limited near-term catalysts, substantial anticipated capital needs and potential shareholder dilution. Grid constraints and delays in energizing facilities could also postpone revenue from the AI expansion. CleanSpark AI Pivot and Dilution Risks
• Negative Sentiment: The market’s reaction reflects concern about CleanSpark’s fundamentals as well as execution risk: its latest reported quarter missed earnings and revenue expectations, with revenue down year over year and a deeply negative net margin. Those results make investors more sensitive to the company’s need for additional financing while it develops its data-center portfolio. Why CleanSpark Stock Is Down

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.