Analysts Issue Forecasts for Cleanspark Q1 Earnings

Cleanspark, Inc. (NASDAQ:CLSK) – Analysts at Northland Capmk issued their Q1 2026 EPS estimates for shares of Cleanspark in a research note issued on Tuesday, January 13th. Northland Capmk analyst M. Grondahl expects that the company will post earnings per share of ($0.16) for the quarter. Northland Capmk has a “Strong-Buy” rating on the stock. The consensus estimate for Cleanspark’s current full-year earnings is $0.58 per share. Northland Capmk also issued estimates for Cleanspark’s Q2 2026 earnings at ($0.13) EPS, Q3 2026 earnings at ($0.12) EPS, Q4 2026 earnings at ($0.15) EPS, FY2026 earnings at ($0.55) EPS, Q1 2027 earnings at ($0.16) EPS, Q2 2027 earnings at ($0.12) EPS, Q3 2027 earnings at ($0.07) EPS, Q4 2027 earnings at ($0.09) EPS and FY2027 earnings at ($0.43) EPS.

A number of other analysts have also commented on the company. Sanford C. Bernstein boosted their target price on Cleanspark from $20.00 to $24.00 and gave the company an “outperform” rating in a research report on Monday, November 3rd. HC Wainwright cut their target price on Cleanspark from $30.00 to $27.00 and set a “buy” rating on the stock in a report on Wednesday, November 26th. Chardan Capital restated a “buy” rating and set a $30.00 price target on shares of Cleanspark in a research note on Wednesday, January 7th. BTIG Research raised their price objective on shares of Cleanspark from $22.00 to $26.00 and gave the company a “buy” rating in a research note on Monday, October 13th. Finally, Macquarie reduced their price objective on shares of Cleanspark from $30.00 to $27.00 and set an “outperform” rating for the company in a report on Wednesday, November 26th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average target price of $23.06.

Cleanspark Stock Performance

Shares of CLSK stock opened at $13.34 on Thursday. The firm has a 50 day moving average of $12.45 and a 200-day moving average of $13.00. The company has a market cap of $3.41 billion, a price-to-earnings ratio of 12.02 and a beta of 3.47. The company has a quick ratio of 4.18, a current ratio of 4.18 and a debt-to-equity ratio of 0.30. Cleanspark has a 52 week low of $6.45 and a 52 week high of $23.61.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the business. Vanguard Group Inc. grew its position in Cleanspark by 3.0% in the third quarter. Vanguard Group Inc. now owns 26,051,850 shares of the company’s stock worth $377,752,000 after acquiring an additional 769,148 shares in the last quarter. Geode Capital Management LLC boosted its holdings in shares of Cleanspark by 1.4% in the 2nd quarter. Geode Capital Management LLC now owns 7,536,772 shares of the company’s stock worth $83,139,000 after purchasing an additional 101,401 shares in the last quarter. Invesco Ltd. increased its position in shares of Cleanspark by 22.1% during the 3rd quarter. Invesco Ltd. now owns 4,482,527 shares of the company’s stock valued at $64,997,000 after purchasing an additional 810,203 shares during the last quarter. Tidal Investments LLC increased its position in shares of Cleanspark by 13.3% during the 3rd quarter. Tidal Investments LLC now owns 4,366,437 shares of the company’s stock valued at $63,313,000 after purchasing an additional 514,062 shares during the last quarter. Finally, Dimensional Fund Advisors LP raised its holdings in shares of Cleanspark by 57.0% during the 3rd quarter. Dimensional Fund Advisors LP now owns 4,311,221 shares of the company’s stock valued at $62,521,000 after buying an additional 1,564,761 shares in the last quarter. Hedge funds and other institutional investors own 43.12% of the company’s stock.

Insider Buying and Selling

In related news, Director Amanda Cavaleri sold 33,000 shares of the company’s stock in a transaction that occurred on Thursday, December 4th. The stock was sold at an average price of $15.02, for a total value of $495,660.00. Following the transaction, the director owned 107,289 shares in the company, valued at approximately $1,611,480.78. This represents a 23.52% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Thomas Leigh Wood sold 85,315 shares of the firm’s stock in a transaction on Tuesday, December 23rd. The stock was sold at an average price of $11.69, for a total value of $997,332.35. Following the completion of the transaction, the director directly owned 41,421 shares of the company’s stock, valued at $484,211.49. The trade was a 67.32% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders own 2.65% of the company’s stock.

Cleanspark News Roundup

Here are the key news stories impacting Cleanspark this week:

• Positive Sentiment: Northland initiated coverage and set a bullish target and ratings (Outperform / Strong-Buy), which lifts investor sentiment and implies upside versus the current price. Northland Securities Initiates Coverage on Cleanspark (NASDAQ:CLSK)
• Positive Sentiment: CleanSpark announced a definitive agreement to acquire up to 447 acres in Brazoria County, TX, plus a long‑term transmission extension to enable an initial 300 MW datacenter load (expandable to 600 MW). That asset expansion supports growth into large-scale AI/HPC and power-hungry operations, a clear strategic growth catalyst. CleanSpark Expands Texas Footprint with Major Power Acquisition Near Houston
• Neutral Sentiment: Coverage pieces examining CleanSpark’s 2025 bitcoin output and longer-term narrative highlight operational drivers (crypto mining yields, BTC prices) but stop short of a clear near-term valuation change — useful context for investors but not an immediate catalyst. Will CleanSpark’s (CLSK) 2025 Bitcoin Output at Higher Prices Change Its Investment Narrative?
• Neutral Sentiment: Market writeups (e.g., Zacks / MarketBeat summaries) note the Northland upgrade and coverage; these amplify visibility but largely repackage the initiation and price-target news. Cleanspark (CLSK) profile on MarketBeat
• Negative Sentiment: Northland’s published quarterly and full-year EPS estimates show ongoing losses in FY2026 and FY2027 (examples: FY2026 ~ ($0.55) and FY2027 ~ ($0.43) per share), indicating the company may remain unprofitable near-term — a risk for investors focused on immediate earnings. Northland EPS estimates summarized on MarketBeat
• Negative Sentiment: The Texas acquisition is contingent on utility and property approvals (closing expected in Q1 2026 pending conditions); execution and permitting risk could delay the envisioned capacity and related revenue. CleanSpark Expands Texas Footprint with Major Power Acquisition Near Houston

Cleanspark Company Profile

CleanSpark, Inc (NASDAQ: CLSK) is a leading energy software and services company specializing in advanced microgrid controls and distributed energy resource (DER) management. The firm develops proprietary software platforms designed to optimize power flows across on-grid and off-grid installations, integrating renewable generation, battery storage, and traditional generation assets. CleanSpark’s technology is used by utilities, commercial and industrial enterprises, and remote facilities seeking to enhance energy resilience, reduce operating costs, and achieve sustainability goals.

In addition to its core software offerings, CleanSpark provides end-to-end engineering, procurement and construction (EPC) services.