Group 1 - CleanSpark (CLSK) closed at $15.55, with a 5.9% gain over the past four weeks, and a mean price target of $20.70 indicates a 33.1% upside potential [1] - The mean estimate consists of six short-term price targets with a standard deviation of $5.38, where the lowest estimate is $14.20 (8.7% decline) and the highest is $27 (73.6% increase) [2] - Analysts show strong agreement in revising earnings estimates higher, which correlates with potential upside in the stock [9][10] Group 2 - The Zacks Consensus Estimate for CLSK has increased by 70% due to one estimate moving higher in the last 30 days without any negative revisions [10] - CLSK holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimates [11] - While the consensus price target may not be a reliable indicator, the direction of price movement it implies appears to be a good guide for potential gains [11]
Wall Street Analysts Predict a 33.12% Upside in CleanSpark (CLSK): Here's What You Should Know