
CleanSpark (CLSK) Stock Forecast & Price Target
CleanSpark (CLSK) Analyst Ratings
Bulls say
Cleanspark Inc. is poised for growth as it expands into the HPC/AI market, which is expected to enhance revenue and EBITDA through its power under contract and considerable mining efficiency. The company is benefiting from favorable power rates due to its interruptible components installed at TVA sites, further improving its financial outlook. Additionally, the anticipated strong growth profile and diverse revenue streams suggest an upward revision in valuation multiples, bolstering the overall investment potential for Cleanspark.
Bears say
Cleanspark Inc. has experienced a decline in its share of hash from 4.7% in the previous quarter to 4.4%, resulting in a 7% decrease in bitcoin production compared to the September quarter, indicating potential operational inefficiencies. Furthermore, the company's reliance on bitcoin mining exposes it to significant risks, including unfavorable crypto regulations, rising power costs, and increased competition, which could further undermine its profitability. As the imminent bitcoin halving in 2028 looms, the ongoing pressure on mining margins coupled with the potential need for dilutive equity issuance to fund growth capital adds to the negative outlook for the stock.
This aggregate rating is based on analysts' research of CleanSpark and is not a guaranteed prediction by Public.com or investment advice.
CleanSpark (CLSK) Analyst Forecast & Price Prediction
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