Cleanspark Inc [CLSK] stock is trading at $8.55, up 10.18%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The CLSK shares have gain 8.50% over the last week, with a monthly amount drifted -19.26%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Cleanspark Inc [NASDAQ: CLSK] stock has seen the most recent analyst activity on February 12, 2025, when Needham initiated its Buy rating and assigned the stock a price target of $20. Previously, Keefe Bruyette started tracking the stock with Outperform rating on January 27, 2025, and set its price target to $19. On December 10, 2024, upgrade upgraded it’s rating to Overweight and revised its price target to $17 on the stock. Macquarie started tracking the stock assigning a Outperform rating and suggested a price target of $20 on September 25, 2024. JP Morgan downgraded its rating to a Neutral and reduced its price target to $8 on December 08, 2023. Bernstein started tracking with a Outperform rating for this stock on October 31, 2023, and assigned it a price target of $5.30. In a note dated October 11, 2023, JP Morgan initiated an Overweight rating and provided a target price of $5.50 on this stock.
Cleanspark Inc [CLSK] stock has fluctuated between $7.22 and $24.72 over the past year. Currently, Wall Street analysts expect the stock to reach $25.33 within the next 12 months. Cleanspark Inc [NASDAQ: CLSK] shares were valued at $8.55 at the most recent close of the market. An investor can expect a potential return of 196.26% based on the average CLSK price forecast.
Analyzing the CLSK fundamentals
Cleanspark Inc [NASDAQ:CLSK] reported sales of 467.49M for the trailing twelve months, which represents a growth of 119.97%. Gross Profit Margin for this corporation currently stands at 0.32% with Operating Profit Margin at -0.18%, Pretax Profit Margin comes in at 0.18%, and Net Profit Margin reading is 0.16%. To continue investigating profitability, this company’s Return on Assets is posted at 0.03, Equity is 0.05 and Total Capital is -0.03. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.0.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 8.06 points at the first support level, and at 7.57 for the second support level. However, for the 1st resistance point, the stock is sitting at 8.80, and for the 2nd resistance point, it is at 9.05.
Ratios To Look Out For
For context, Cleanspark Inc’s Current Ratio is 12.67. As well, the Quick Ratio is 12.67, while the Cash Ratio is 2.86. Considering the valuation of this stock, the price to sales ratio is 5.14, the price to book ratio is 1.19 and price to earnings (TTM) ratio is 57.11.
Transactions by insiders
Recent insider trading involved Monnig Taylor, Chief Technology Officer, that happened on Feb 14 ’25 when 239.0 shares were sold. Executive Chairman, Schultz S. Matthew completed a deal on Feb 14 ’25 to sell 9010.0 shares. Meanwhile, Chief Operating Officer Garrison Scott Eugene sold 1337.0 shares on Feb 14 ’25.
