CLSK shares plunge 8% despite fiscal third-quarter earnings swinging to profit and revenue surging nearly 91% year over year.
CleanSpark, Inc. (NASDAQ:CLSK ) Q3 2025 Earnings Conference Call August 7, 2025 4:30 PM ET Company Participants v - Corporate Participant c - Corporate Participant g - Corporate Participant s - Corporate Participant e - Corporate Participant Gary A. Vecchiarelli - Chief Financial Officer Harry Sudock - Corporate Participant Zachary K.
CLSK eyes a breakout fiscal Q3 with soaring revenues, record hashrate, and a shift toward Bitcoin sales to fuel operations.
I rate CleanSpark a Strong Buy with a $15 price target, projecting 40%–60% upside in the next 12 months. CleanSpark stands out for disciplined, dilution-free growth, low mining costs, and a large self-mined BTC treasury, offering downside protection. Upcoming earnings should benefit from new FASB rules and BTC price surge, potentially crushing analyst estimates and catalyzing a turnaround.
In the most recent trading session, CleanSpark (CLSK) closed at $10.44, indicating a -8.22% shift from the previous trading day.
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?
Zacks.com users have recently been watching CleanSpark (CLSK) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
CleanSpark offers a compelling small-cap opportunity, combining undervaluation with direct exposure to rising Bitcoin prices and a significant Bitcoin treasury. Operationally, CleanSpark has boosted its hash rate above 50 EH/s and shifted to a 'produce and sell' Bitcoin strategy, enhancing liquidity and decoupling somewhat from Bitcoin price swings. Rising energy costs and lack of transparency on mining costs present risks, but higher Bitcoin prices currently offset these pressures, supporting strong margins.
CleanSpark (CLSK) reached $11.82 at the closing of the latest trading day, reflecting a -4.21% change compared to its last close.
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CleanSpark (CLSK) reached $12.78 at the closing of the latest trading day, reflecting a -1.54% change compared to its last close.
CleanSpark (CLSK) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.