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Cleanspark, Inc. (CLSK) is Attracting Investor Attention: Here is What You Should Know
CLSKCleanSpark(CLSK) ZACKS·2025-03-06 15:06

Core Viewpoint - CleanSpark (CLSK) has experienced a significant decline of -17.1% in share price over the past month, contrasting with the Zacks S&P 500 composite's -4.1% change, and the Zacks Financial - Miscellaneous Services industry decline of 9.4% [1] Earnings Estimate Revisions - The consensus earnings estimate for CleanSpark for the current quarter is 0.13pershare,indicatingnochangefromthepreviousyear,withanotableincreaseof+177.80.13 per share, indicating no change from the previous year, with a notable increase of +177.8% in the estimate over the last 30 days [4] - For the current fiscal year, the consensus earnings estimate is 0.58, reflecting a substantial change of +323.1% from the prior year, with a recent increase of +222.2% [4] - The next fiscal year's consensus earnings estimate stands at 0.88,indicatingachangeof+51.70.88, indicating a change of +51.7% from the previous year, with a recent adjustment of +8.6% [5] Revenue Growth Forecast - CleanSpark's consensus sales estimate for the current quarter is 229.66 million, representing a year-over-year change of +105.4% [8] - The sales estimates for the current and next fiscal years are 899.96millionand899.96 million and 1.16 billion, indicating changes of +137.5% and +28.7%, respectively [8] Last Reported Results and Surprise History - In the last reported quarter, CleanSpark generated revenues of 162.31million,markingayearoveryearincreaseof+120162.31 million, marking a year-over-year increase of +120%, while the EPS was -0.07 compared to -0.02ayearago[9]ThereportedrevenuesexceededtheZacksConsensusEstimateof0.02 a year ago [9] - The reported revenues exceeded the Zacks Consensus Estimate of 152.71 million by +6.28%, and the EPS surprise was +12.5% [10] - Over the last four quarters, CleanSpark surpassed consensus EPS estimates twice and topped consensus revenue estimates twice [10] Valuation - CleanSpark is graded F in the Zacks Value Style Score, indicating it is trading at a premium compared to its peers [14]