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CleanSpark, Inc. (CLSK) Stock Analysis

Momentum Cont setup

SellModerate Confidence

Financial Services · Capital Markets

Earnings in 7 days (2026-05-07). Expect elevated volatility around the report — consider waiting for post-earnings price action before new entries.

Sell if holding. Engine safety override at $12.43: a dimension score below its floor triggers a hard block regardless of the otherwise-positive setup — overall score 4.8/10 and A.R:R 2.3:1 is above the 1.5:1 BUY gate. Specifically: High short interest: 46%; Below-average business quality.

CleanSpark operates a large portfolio of bitcoin mining data centers across Georgia, Tennessee, Mississippi, and Wyoming with approximately 1,027 MW contracted power capacity. Revenue derives entirely from bitcoin mining by contributing all computing power to a single mining... Read more

$12.43+34.8% A.UpsideScore 4.8/10#36 of 40 Capital Markets
Stop $11.53Target $16.71(analyst − 13%)A.R:R 2.3:1
Analyst target$19.21+54.5%12 analysts
$16.71our TP
$12.43price
$19.21mean
$26

Sell if holding. Engine safety override at $12.43: a dimension score below its floor triggers a hard block regardless of the otherwise-positive setup — overall score 4.8/10 and A.R:R 2.3:1 is above the 1.5:1 BUY gate. Specifically: High short interest: 46%; Below-average business quality. Chart setup: Trend continuation, RSI 69, MACD bullish. Score 4.8/10, moderate confidence.

Passes 6/9 gates (positive momentum, favorable risk/reward ratio, clean insider activity, no SEC red flags, news events none recent, semi cycle peak clear). Fails on death cross (50MA < 200MA) and earnings proximity 7d<=7d. Suitability: aggressive.

Thesis

Rewards
No bull case signals
Risks
Concentration risk — Customer: single third-party mining pool
Concentration risk — Commodity: bitcoin
Quality below floor (2.6 < 4.0)

Key Metrics

P/E (TTM)
P/E (Fwd)-18.5
Mkt Cap$2.9B
EV/EBITDA-18.5
Profit Mgn-33.2%
ROE-15.3%
Rev Growth11.6%
Beta3.54
DividendNone
Rating analysts20

Quality Signals

Piotroski F4/9

Options Flow

P/C0.36bullish
IV104%elevated
Max Pain$3-75.9% vs spot

Concentration Risks(10-K Item 1A)

  • HIGHCustomersingle third-party mining pool
    10-K Item 1A: 'our reliance on a third-party mining pool service provider for our mining revenue payouts'
  • HIGHCommoditybitcoin
    10-K Item 1A: 'our current dependence on the price of bitcoin to achieve profitability, which has historically been volatile'

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

Rating Breakdown

4 floor-breakers

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

Quality Rank
1.0
Growth Rank
2.4
Value Rank
4.4

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

52w Position
0.5
Support Resistance
1.6
Bollinger
2.4
Gap
5.0

No near-term catalyst priced in. Thesis progression will come from fundamentals grinding, not event reaction.static

Earnings History
0.0
Surprise Avg
0.0
Erm
5.0
Earnings Timing
5.0
Earnings concerns: 1B/3MEarnings in 7 days

Unprofitable operations — net margin -33.2%. 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
4.4
Current Ratio
5.0
Moat
5.0
Gross Margin
6.6
Cash-burning: FCF -39% of revenueNo competitive moatQuality concerns
GatesDeath cross (50MA < 200MA)EARNINGS PROXIMITY 7d<=7dMomentum 4.5<5.5 (soft — BUY_NOW allowed but watch)Momentum 4.5>=4.5A.R:R 2.3 ≥ 1.5Insider activity: OKNo SEC red flagsNEWS EVENTS NONE RECENTSEMI CYCLE PEAK CLEARMomentum ContSuitability: Aggressive
RSI
69 · Neutral
20D MA 50D MA 200D MADEATH CROSSSupport $8.12Resistance $13.22

Price Targets

$12
$17
A.Upside+34.4%
A.R:R2.3:1

Position Sizing

ConvictionNone
Suggested %0.5%
Max %1%
RegimeSteady

Risk Alerts

! Quality below floor (2.6 < 4.0)
! Death cross — 50-day MA below 200-day MA
! EARNINGS_PROXIMITY:7d<=7d

Earnings

B
M
M
M
1/4 beats
Next Earnings2026-05-07 (7d)

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 $12.43: a dimension score below its floor triggers a hard block regardless of the otherwise-positive setup — overall score 4.8/10 and A.R:R 2.3:1 is above the 1.5:1 BUY gate. Specifically: High short interest: 46%; Below-average business quality. Chart setup: Trend continuation, RSI 69, MACD bullish. Prior stop was $11.53. Score 4.8/10, moderate confidence.

What is the CLSK stock price target?

Take-profit target: $16.71 (+34.8% upside). Prior stop was $11.53. Stop-loss: $11.53.

What are the risks of investing in CLSK?

Concentration risk — Customer: single third-party mining pool; Concentration risk — Commodity: bitcoin; Quality below floor (2.6 < 4.0).

Is CLSK overvalued or undervalued?

CleanSpark, Inc. trades at a P/E of N/A (forward -18.5). TrendMatrix value score: 8.5/10. Verdict: Sell.

What do analysts say about CLSK?

20 analysts cover CLSK with a consensus score of 4.2/5. Average price target: $19.

What does CleanSpark, Inc. do?CleanSpark operates a large portfolio of bitcoin mining data centers across Georgia, Tennessee, Mississippi, and...

CleanSpark operates a large portfolio of bitcoin mining data centers across Georgia, Tennessee, Mississippi, and Wyoming with approximately 1,027 MW contracted power capacity. Revenue derives entirely from bitcoin mining by contributing all computing power to a single mining pool operator; the company is also evaluating AI/HPC hosting.

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