Cleanspark (NASDAQ:CLSK) Price Target Raised to $25.00

Cleanspark (NASDAQ:CLSK) had its target price increased by Keefe, Bruyette & Woods from $16.00 to $25.00 in a research note published on Tuesday,Benzinga reports. Keefe, Bruyette & Woods currently has an outperform rating on the stock.

Several other brokerages have also recently issued reports on CLSK. Cantor Fitzgerald lifted their price target on Cleanspark from $17.00 to $26.00 and gave the company an “overweight” rating in a research report on Wednesday, July 15th. Chardan Capital upped their price objective on Cleanspark from $19.00 to $21.00 and gave the company a “buy” rating in a report on Tuesday. Zacks Research raised Cleanspark from a “strong sell” rating to a “hold” rating in a research note on Friday, July 10th. BTIG Research reaffirmed a “buy” rating and set a $26.00 target price on shares of Cleanspark in a report on Tuesday, July 14th. Finally, HC Wainwright reaffirmed a “buy” rating on shares of Cleanspark in a report on Tuesday, July 14th. One research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, Cleanspark currently has a consensus rating of “Moderate Buy” and a consensus price target of $23.35.

Cleanspark Stock Performance

Shares of CLSK stock opened at $14.54 on Tuesday. The company has a market cap of $3.73 billion, a P/E ratio of -6.92 and a beta of 3.83. The business has a 50 day moving average of $15.33 and a two-hundred day moving average of $12.64. Cleanspark has a 52 week low of $8.00 and a 52 week high of $23.61. The company has a quick ratio of 8.26, a current ratio of 8.26 and a debt-to-equity ratio of 1.81.

Cleanspark (NASDAQ:CLSK) last released its quarterly earnings data on Monday, May 11th. The company reported ($1.52) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.25) by ($1.27). The company had revenue of $136.41 million for the quarter, compared to analyst estimates of $145.35 million. Cleanspark had a negative net margin of 67.66% and a positive return on equity of 7.07%. The company’s revenue for the quarter was down 24.9% compared to the same quarter last year. During the same quarter in the prior year, the firm earned ($0.49) EPS. As a group, analysts anticipate that Cleanspark will post -1.19 EPS for the current year.

Institutional Investors Weigh In On Cleanspark

A number of institutional investors and hedge funds have recently modified their holdings of CLSK. Integrated Wealth Concepts LLC acquired a new position in Cleanspark in the 1st quarter worth approximately $68,000. Caxton Associates LLP acquired a new stake in Cleanspark during the 1st quarter valued at $169,000. United Services Automobile Association purchased a new stake in shares of Cleanspark in the first quarter valued at $125,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in shares of Cleanspark by 16.8% in 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 valued at $4,025,000 after purchasing an additional 86,229 shares in the last quarter. Finally, Strs Ohio acquired a new stake in shares of Cleanspark in 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: Analysts see additional upside. Keefe, Bruyette & Woods expects CleanSpark’s stock to rise, while Chardan Capital forecasts strong price appreciation. The favorable views add support to the recent rally and reflect optimism about the company’s growth strategy. Keefe, Bruyette & Woods analyst outlook Chardan Capital forecast
• Positive Sentiment: The AI data-center pivot gained validation. CleanSpark’s reported $6.6 billion, 20-year triple-net lease covering 175 megawatts at its Sandersville, Georgia, facility supports the potential for long-term recurring revenue and confirms strong demand for AI infrastructure. Additional upside could come from leasing the remaining 885 megawatts of Texas capacity. CleanSpark infrastructure lease valuation
• Neutral Sentiment: Investors are awaiting financial results. CleanSpark will discuss fiscal third-quarter 2026 results during a live webcast, giving investors an upcoming catalyst to assess revenue trends, profitability, bitcoin-mining performance, AI infrastructure progress and capital requirements. CleanSpark Q3 2026 webcast announcement
• Negative Sentiment: Near-term risks limited enthusiasm. One analysis downgraded CleanSpark from “Strong Buy” to “Buy,” citing a lack of immediate catalysts, anticipated capital needs and potential dilution. Grid constraints and delays in energizing facilities could also postpone revenue from the AI-data-center expansion. CleanSpark AI pivot and dilution risks

Cleanspark Company Profile

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.