Workflow
CleanSpark(CLSK)
icon
Search documents
CleanSpark (CLSK) Surpasses Market Returns: Some Facts Worth Knowing
ZACKS· 2025-05-02 22:50
Group 1 - CleanSpark (CLSK) closed at $8.81, with a +1.61% increase, outperforming the S&P 500's gain of 1.47% [1] - The company's shares have risen 17% over the last month, contrasting with the Finance sector's loss of 0.97% and the S&P 500's loss of 0.47% [1] Group 2 - The upcoming EPS for CleanSpark is projected at $0.03, indicating a 76.92% decline compared to the same quarter last year, while revenue is estimated at $197.07 million, up 76.27% year-over-year [2] - For the entire year, earnings are forecasted at $0.99 per share and revenue at $817.49 million, reflecting increases of +480.77% and +115.71% respectively compared to the previous year [3] Group 3 - Recent changes to analyst estimates for CleanSpark are being monitored, as positive revisions indicate optimism regarding the company's business and profitability [4] - The Zacks Rank system, which reflects estimate changes, currently ranks CleanSpark at 3 (Hold) after a 5.56% decline in the Zacks Consensus EPS estimate over the past month [6] Group 4 - CleanSpark is trading with a Forward P/E ratio of 8.8, which is lower than the industry's average Forward P/E of 9.97 [7] - The Financial - Miscellaneous Services industry, to which CleanSpark belongs, has a Zacks Industry Rank of 86, placing it in the top 35% of over 250 industries [7]
CleanSpark Executives to Discuss Fiscal Q2 2025 Financial Results
Prnewswire· 2025-05-02 13:00
LAS VEGAS, May 2, 2025 /PRNewswire/ -- CleanSpark, Inc. (Nasdaq: CLSK) (the "Company"), America's Bitcoin Miner®, will discuss its fiscal second quarter 2025 financial results via a live webcast beginning at 4:30 p.m. EST / 1:30 p.m. PST on Thursday, May 8, 2025.Webcast Information: To view the webcast, please click here.Downloadable files, including a transcript, will be available on the company website 48 hours after the event.About CleanSpark CleanSpark (Nasdaq: CLSK), America's Bitcoin Miner®, is a mark ...
CleanSpark: Still A Speculative 'Buy' On Bitcoin's Breakout
Seeking Alpha· 2025-04-30 10:49
Core Insights - CleanSpark (NASDAQ: CLSK) is focused on Bitcoin mining rather than pursuing high-performance computing (HPC) service revenue, differentiating itself from many competitors in the industry [1]. Company Focus - CleanSpark's commitment to Bitcoin mining indicates a strategic choice to capitalize on the growing demand for cryptocurrency rather than diversifying into HPC services [1]. Analyst Background - The analysis is provided by a former media research analyst with expertise in crypto, Bitcoin miners, metals, and media equities, suggesting a knowledgeable perspective on the industry [1].
CleanSpark: A Strong Buy Amid Crypto Price Stabilization
Seeking Alpha· 2025-04-27 14:45
Group 1 - The stock market and cryptocurrencies, particularly Bitcoin, have experienced a significant relief rally recently [1] - Gary Alexander has extensive experience in technology companies and has been a contributor to Seeking Alpha since 2017, providing insights into industry trends [1] Group 2 - The article does not provide any specific financial data or performance metrics related to companies or industries [2][3]
Here's Why CleanSpark (CLSK) Gained But Lagged the Market Today
ZACKS· 2025-04-23 22:55
CleanSpark (CLSK) closed at $8.85 in the latest trading session, marking a +0.86% move from the prior day. The stock's change was less than the S&P 500's daily gain of 1.67%. At the same time, the Dow added 1.07%, and the tech-heavy Nasdaq gained 2.5%.The company's shares have seen an increase of 0.46% over the last month, surpassing the Finance sector's loss of 4.45% and the S&P 500's loss of 6.57%.The upcoming earnings release of CleanSpark will be of great interest to investors. On that day, CleanSpark i ...
Here is What to Know Beyond Why Cleanspark, Inc. (CLSK) is a Trending Stock
ZACKS· 2025-04-18 14:05
CleanSpark (CLSK) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.Over the past month, shares of this company have returned -3.1%, compared to the Zacks S&P 500 composite's -6.9% change. During this period, the Zacks Financial - Miscellaneous Services industry, which CleanSpark falls in, has lost 8%. The key question now is: What could be the stock's future direction?While media releas ...
CleanSpark Expands Capital Strategy With $200M Bitcoin-Backed Credit Facility from Coinbase Prime; Shifts to Self-Funded Operations
Prnewswire· 2025-04-15 13:00
Proceeds from credit facility to support accretive growth on non-dilutive terms Company to begin selling a portion of monthly Bitcoin production to cover operations LAS VEGAS, April 15, 2025 /Prnewswire/ -- CleanSpark, Inc. (Nasdaq: CLSK), America's Bitcoin Miner® (the "Company"), today announced it has expanded its capital strategy to include an increase in its credit facility with Coinbase Prime (Nasdaq: COIN) to $200 million. Additionally, the Company's Digital Asset Management team has officially launch ...
The Smartest Renewable Energy Stocks to Buy With $2,000 Right Now
The Motley Fool· 2025-04-13 12:00
NuScale, Plug Power, and CleanSpark could surge higher over the next few years.Many renewable energy stocks ran out of juice over the past year as the Trump administration embraced fossil fuels and rattled the market with its divisive tariffs. However, that pullback might represent a golden buying opportunity if you expect the market's demand for renewable energy solutions to keep growing over the long term.So if you're willing to tune out the near-term noise, these three renewable energy plays might genera ...
CleanSpark to Participate in Jones Healthcare and Technology Innovation Conference
Prnewswire· 2025-04-09 20:30
Core Insights - CleanSpark, Inc. will have Executive Chairman Matthew Schultz participate in a fireside chat at the Jones Healthcare and Technology Innovation Conference on April 9, 2025 [1] - A live webcast of the chat will be available on CleanSpark's investor relations website, with an archived replay accessible for approximately 90 days [2] Company Overview - CleanSpark is a leading pure play Bitcoin miner in the United States, operating a portfolio of mining facilities powered by competitive energy prices [3] - The company focuses on optimizing its mining facilities to deliver superior returns to shareholders by monetizing low-cost, high-reliability energy [3] - CleanSpark positions itself at the intersection of Bitcoin, energy, operational excellence, and capital stewardship, aiming to prosper in a changing world [3]
CleanSpark Among Top 35 of 500 Fastest Growing Companies in the Americas
Prnewswire· 2025-04-07 13:00
Core Insights - CleanSpark, Inc. has achieved the 35th position on The Financial Times' 2025 list of the 500 Fastest Growing Companies in the Americas, highlighting its significant growth trajectory [1][2] - The company's revenue for FY2024 has increased by 123% compared to FY2023, demonstrating strong financial performance [2] - CleanSpark's Bitcoin mining operations are expected to reach a hashrate of 50 EH/s in the first half of 2025, indicating substantial expansion in its mining capacity [2] Company Overview - CleanSpark is recognized as America's Bitcoin Miner® and operates a portfolio of mining facilities across the United States, leveraging competitive energy prices [3] - The company supports approximately 5% of the global Bitcoin network with its hashrate, positioning it as one of the largest Bitcoin producers worldwide [2] - CleanSpark maintains a strong balance sheet with nearly 12,000 Bitcoin holdings, providing financial stability and resilience [2][3]