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CleanSpark, Inc. (CLSK) Stock Analysis

Momentum Cont setup

SellModerate Confidence

Financial Services · Capital Markets

Sell if holding. Engine safety override at $15.87: a dimension score below its floor triggers a hard block regardless of the otherwise-positive setup — overall score 4.0/10. Specifically: High short interest: 49%; Elevated put/call ratio: 1.41; Below-average business quality.

CleanSpark is a bitcoin mining data center operator with ~1,027 MW of contracted power capacity across 33 locations in Georgia (620 MW), Tennessee (234 MW), Mississippi (63 MW), and Wyoming (110 MW). Revenue comes entirely from mining bitcoin via a single mining pool operator;... Read more

$15.87+11.6% A.UpsideScore 4.0/10#36 of 40 Capital Markets
QualityF-score3 / 9FCF yield-7.98%
Stop $14.77Target $17.73(analyst − 13%)A.R:R 0.8:1
Analyst target$20.38+28.4%12 analysts
$17.73our TP
$15.87price
$20.38mean
$26

Sell if holding. Engine safety override at $15.87: a dimension score below its floor triggers a hard block regardless of the otherwise-positive setup — overall score 4.0/10. Specifically: High short interest: 49%; Elevated put/call ratio: 1.41; Below-average business quality. Chart setup: Trend continuation, RSI 69, MACD bullish. Score 4.0/10, moderate confidence.

Passes 7/8 gates (positive momentum, clean insider activity, no SEC red flags, news events none recent, earnings proximity 78d clear, semi cycle peak clear, materials cycle peak clear). Fails on favorable risk/reward ratio. Suitability: aggressive.

Recent Developments — CleanSpark, Inc.

Generated 2026-05-20T21:06:21Z.

Thesis

Rewards
No bull case signals
Risks
Concentration risk — Customer: single mining pool operator
Concentration risk — Geographic: Georgia
Quality below floor (2.3 < 4.0)

Key Metrics

P/E (TTM)
P/E (Fwd)-28.6
Mkt Cap$3.8B
EV/EBITDA-13.7
Profit Mgn-67.7%
ROE-34.8%
Rev Growth-24.9%
Beta3.72
DividendNone
Rating analysts20

Quality Signals

Piotroski F3/9

Options Flow

P/C1.41bearish
IV100%elevated
Max Pain$3-81.1% vs spot

Concentration Risks(10-K Item 1A)

  • HIGHCustomersingle mining pool operator
    10-K Item 1: 'We obtain bitcoin as a result of our mining operations by contributing all of our computing power to a single mining pool operator, who is currently our sole customer.'
  • HIGHGeographicGeorgia
    10-K Item 1: 'our Georgia facilities have a developed data center infrastructure backed by approximately 620 MW'

Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. Full disclaimer

Rating Breakdown

5 floor-breakers

Revenue shrinking — -24.9% YoY. Growth thesis broken unless recovery story develops.static

Revenue Growth
0.0
Declining revenue: -25%
Low model confidence on this dimension (33%).

Ranks in the bottom of its industry peers on the composite signal. Better names in the same sector exist.static

Quality Rank
0.5
Growth Rank
0.5
Value Rank
3.1

Volatile — 7.2% daily ATR makes tight stops impractical. Position-size conservatively.static

Short Interest
0.0
Volatility
0.0
Implied Vol
0.0
Beta
0.0
Max Pain Risk
3.0
Debt Equity
3.4
Put Call
3.9
Days To Cover
6.1
High short interest justified: 49%High IV: 100%Above max pain $3Concentration risks: 2 HIGH (10-K Item 1A — sized via position_sizing, validated via buy_confidence)

Unprofitable operations — net margin -67.7%. Quality floor flags this regardless of sector context.static

Roe
0.0
Roa
0.0
Net Margin
0.0
Fcf Quality
0.0
Piotroski F
3.3
Moat
4.0
Current Ratio
5.0
Gross Margin
6.1
Cash-burning: FCF -41% of revenueNo competitive moatWeak Piotroski F-Score: 3/9Quality concerns

Technicals below the gate floor. Component breakdown shows what dragged the score down.static

Bollinger
0.0
Support Resistance
0.9
52w Position
3.5
Gap
5.0
GatesA.R:R 0.8 < 1.5@spotMomentum 7.9>=5.5Insider activity: OKNo SEC red flagsNEWS EVENTS NONE RECENTEARNINGS PROXIMITY 78d clearSEMI CYCLE PEAK CLEARMATERIALS CYCLE PEAK CLEARMomentum ContSuitability: Aggressive
RSI
69 · Neutral
20D MA 50D MA 200D MADEATH CROSSSupport $11.13Resistance $16.34

Price Targets

$15
$18
A.Upside+11.7%
A.R:R0.8:1

Position Sizing

ConvictionNone
Suggested %0.5%
Max %1%
RegimeSteady

Risk Alerts

! Quality below floor (2.3 < 4.0)
! Reward/Risk 0.8:1 at current price — below 1.5:1 minimum

Earnings

B
M
M
M
1/4 beats
Next Earnings2026-08-06 (78d)

Verdict History

reverse chrono — latest first
Loading history...
Verdicts are recorded on every nightly pipeline run. Rows capture transitions (verdict flips, score deltas ≥0.3, entry/TP/SL changes). Rows with a ▶ can be expanded to see the change reason. Aggregate cohort performance is tracked in the recommendation ledger.
Frequently Asked Questions
Is CLSK stock a buy right now?

Sell if holding. Engine safety override at $15.87: a dimension score below its floor triggers a hard block regardless of the otherwise-positive setup — overall score 4.0/10. Specifically: High short interest: 49%; Elevated put/call ratio: 1.41; Below-average business quality. Chart setup: Trend continuation, RSI 69, MACD bullish. Prior stop was $14.77. Score 4.0/10, moderate confidence.

What is the CLSK stock price target?

Take-profit target: $17.73 (+11.6% upside). Prior stop was $14.77. Stop-loss: $14.77.

What are the risks of investing in CLSK?

Concentration risk — Customer: single mining pool operator; Concentration risk — Geographic: Georgia; Quality below floor (2.3 < 4.0).

Is CLSK overvalued or undervalued?

CleanSpark, Inc. trades at a P/E of N/A (forward -28.6). TrendMatrix value score: 6.3/10. Verdict: Sell.

What do analysts say about CLSK?

20 analysts cover CLSK with a consensus score of 4.2/5. Average price target: $20.

What does CleanSpark, Inc. do?CleanSpark is a bitcoin mining data center operator with ~1,027 MW of contracted power capacity across 33 locations in...

CleanSpark is a bitcoin mining data center operator with ~1,027 MW of contracted power capacity across 33 locations in Georgia (620 MW), Tennessee (234 MW), Mississippi (63 MW), and Wyoming (110 MW). Revenue comes entirely from mining bitcoin via a single mining pool operator; the company mined ~7,873 bitcoins net in fiscal year ended September 30, 2025.

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