NASDAQ: CLSK
CleanSpark, Inc.
Financial Services · Asset Management - Cryptocurrency
Market Cap
$4.42B
52w High
$23.61
52w Low
$8.00
P/E
15.03
Volume
18.24M
Outstanding Shares
256.61M
Price vs Fundamentals
Why The Stock Is Moving
What changed
The stock rose 87.8% over the last year. Revenue grew 37.68% over the trailing twelve months. Operating margin moved from -45.17% to -24.52%. Free cash flow grew 12.67% over the trailing twelve months.
What the market seems to be pricing
The stock is trading toward the richer end of its historical P/S range (63rd percentile) while business metrics are improving. More of the upside is already embedded in the multiple now.
What would invalidate this read
Operating margin is at -24.52% — continued expansion would be needed to justify the premium. Revenue growth of 37.68% is encouraging, but any deceleration puts the stretched multiple at risk. This read changes if revenue, margins, and cash flow continue to improve faster than expected — in that case the richer multiple could still prove conservative.
Company profile
CleanSpark, Inc. is a global enterprise specializing in cryptocurrency mining and advanced energy technologies.
Valuation
Stock splits
Every 10 shares became 1
Every 1 shares became 3
Every 39 shares became 1
Profitability & growth
Standard profitability metrics can be misleading for financial/insurance companies. GAAP requires unrealized investment gains/losses in net income (affecting ROE), and margins are blended across diverse business segments.
Analyst consensus
11
Buy
0
Hold
0
Sell
Analyst ratings tend to be lagging indicators. Use as one signal among many.
Earnings
Full quarter-by-quarter history of actuals vs estimates. Switch into compare mode to inspect one metric year-over-year.
Next report
Aug 6, 2026
Q3 FY26 · EPS est -$0.29 · Revenue est $156.68M
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