At the time of writing, Cleanspark Inc [CLSK] stock is trading at $7.41, down -7.61%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The CLSK shares have lost -5.54% over the last week, with a monthly amount drifted -13.33%, 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.
For the past year, the stock price of Cleanspark Inc fluctuated between $6.59 and $21.39. Currently, Wall Street analysts expect the stock to reach $25.33 within the next 12 months. Cleanspark Inc [NASDAQ: CLSK] shares were valued at $7.41 at the most recent close of the market. An investor can expect a potential return of 241.84% based on the average CLSK price forecast.
Analyzing the CLSK fundamentals
According to Cleanspark Inc [NASDAQ:CLSK], the company’s sales were 467.49M for trailing twelve months, which represents an 119.97% jump. 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. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.0.
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 7.14 points at the first support level, and at 6.88 for the second support level. However, for the 1st resistance point, the stock is sitting at 7.63, and for the 2nd resistance point, it is at 7.86.
Ratios To Look Out For
It is important to note that Cleanspark Inc [NASDAQ:CLSK] has a current ratio of 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 4.45, the price to book ratio is 1.03 and price to earnings (TTM) ratio is 49.50.
Transactions by insiders
Recent insider trading involved Wood Thomas Leigh, Director, that happened on Mar 24 ’25 when 44444.0 shares were sold. Director, Wood Thomas Leigh completed a deal on Mar 24 ’25 to buy 44444.0 shares. Meanwhile, Director Cavaleri Amanda sold 13000.0 shares on Mar 24 ’25.
