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CleanSpark (CLSK) Stock Forecast for 2024, 2025, 2026. Sell or Buy?
Updated: September 13, 2024 (20:12)
Sector: TechnologyThe share price of CleanSpark, Inc. (CLSK) now
Analysts predictions
Full report|
This Week
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Neutral | Opinions: 1 |
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Previous Week
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Neutral | Opinions: Na |
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Two Weeks Ago
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Neutral | Opinions: Na |
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Three Weeks Ago
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Neutral | Opinions: Na |
Are you interested in CleanSpark, Inc. stocks and want to buy them, or are they already in your portfolio? If yes, then on this page you will find useful information about the dynamics of the CleanSpark stock price in 2024, 2025, 2026, 2027, 2028. How much will one CleanSpark share be worth in 2024 - 2028?
When should I take profit in CleanSpark stock? When should I record a loss on CleanSpark stock? What are analysts' forecasts for CleanSpark stock? What is the future of CleanSpark stock? We forecast CleanSpark stock performance using neural networks based on historical data on CleanSpark stocks. Also, when forecasting, technical analysis tools are used, world geopolitical and news factors are taken into account.
CleanSpark stock prediction results are shown below and presented in the form of graphs, tables and text information, divided into time intervals. (Next month, 2024, 2025, 2026, 2027 and 2028) The final quotes of the instrument at the close of the previous trading day are a signal to adjust the forecasts for CleanSpark shares. This happens once a day.
Historical and forecast chart of CleanSpark stock
The chart below shows the historical price of CleanSpark stock and a prediction chart for the next month. For convenience, prices are divided by color. Forecast prices include: Optimistic Forecast, Pessimistic Forecast, and Weighted Average Best Forecast. Detailed values for the CleanSpark stock price can be found in the table below.
Long-term forecasts by years.
CleanSpark, Inc. Analysts predictions review
As of now, Panda has combed through 1 analytical articles which are directly related to CLSK from the last 30 days. Out of these, 0 clearly showcase a bullish trend, while 0 see a bearish trend as the more likely scenario, and 1 stay neutral.
To identify the dominant trend, we took into account analytical articles from the past 30 days, spanning from Sep 08, 2024 to Sep 08, 2024.
CleanSpark: A Miner Undervalued by Peers But Tied to Bitcoin's Whims
In this review, we delve into an analytical financial article by Made Easy - Finance, where the author maintains a neutral stance on CLSK stock. With over 100 publications since 2021, the author has established a consistent track record of contributing insightful financial analyses. Garnering a dedicated following of over 2,000 subscribers, the author's viewpoints have resonated well with readers, reflecting both popularity and respect within the financial community. The high credibility of the author's opinions is underscored by their commendable authority level and significant publishing frequency over a relatively short period. These metrics elevate the trustworthiness and reliability of their analysis, making it a valuable resource for those seeking balanced and informed perspectives in the ever-evolving financial market.
Key Theses from the Article
- CLSK is deemed the most undervalued Bitcoin miner compared to peers, exhibiting strong network share growth and best-in-class cost basis.
- Despite being efficient, CLSK's profitability is contingent on Bitcoin prices surpassing $70k.
- The current valuation model suggests CLSK's Implied Bitcoin Price (IBP) is $84.4k, indicating it is overvalued on an absolute basis but undervalued relative to peers.
- The focus remains on Bitcoin itself to mitigate business risks associated with miners until clear signs of a Bitcoin bull run are evident.
Key Factors Influencing CLSK Stock Price
Network share growth
CLSK has achieved a 52% increase in network share since 2021Q3, which is crucial for maintaining Bitcoin production and future revenue. This growth positions it favorably amongst its peers, signifying strong operational progress.
Cost basis per Bitcoin
With a $73k cost basis per Bitcoin, CLSK stands out as more efficient relative to competitors, enhancing potential profitability margins. However, profitability remains dependent on Bitcoin prices exceeding production costs, underlining a crucial dependency.
Implied Bitcoin Price (IBP)
The IBP of $84.4k suggests overvaluation if Bitcoin remains below this level, necessitating price increases for justification. It underscores the speculative nature of investing based on future Bitcoin performance predictions.
Bitcoin price fluctuation
CLSK's ability to generate profitable returns hinges on Bitcoin prices moving above $70k, directly influencing financial viability. Price movements significantly affect valuation and investment attractiveness, making this the most crucial factor.
Review the original AnalysisCleanSpark Inc. provides energy software and control technology solutions worldwide. It offers distributed energy systems that enable clients to design, engineer, share data, and manage the production, storage, and consumption of renewable energy; and microgrids, which include generation, energy storage, and smart distribution assets that serve one or more utility-connected and off-grid loads for commercial, industrial, defense, university, and residential users. The company’s products include the mPulse software suite, a modular platform that provides intelligent microgrid management; and the Microgrid Value Stream Optimizer, which offers a robust solution for modeling distributed power systems and microgrids.
CleanSpark daily forecast for a month
| Date | Target | Pes. | Opt. | Vol., % |
|---|---|---|---|---|
| Sep 15 | 8.86 | 8.33 | 9.54 | 14.47 |
| Sep 16 | 8.60 | 8.36 | 9.05 | 8.23 |
| Sep 17 | 7.87 | 7.44 | 8.45 | 13.53 |
| Sep 18 | 8.16 | 7.89 | 8.43 | 6.83 |
| Sep 19 | 8.31 | 8.08 | 8.90 | 10.17 |
| Sep 20 | 8.53 | 7.91 | 9.08 | 14.89 |
| Sep 21 | 8.65 | 8.10 | 9.19 | 13.57 |
| Sep 22 | 8.83 | 8.39 | 9.37 | 11.68 |
| Sep 23 | 7.99 | 7.67 | 8.31 | 8.33 |
| Sep 24 | 8.27 | 7.97 | 8.72 | 9.34 |
| Sep 25 | 8.50 | 7.84 | 9.12 | 16.38 |
| Sep 26 | 8.77 | 8.09 | 9.28 | 14.64 |
| Sep 27 | 9.12 | 8.49 | 9.83 | 15.79 |
| Sep 28 | 9.98 | 9.50 | 10.31 | 8.51 |
| Sep 29 | 9.82 | 9.08 | 10.14 | 11.69 |
| Sep 30 | 10.55 | 10.31 | 10.90 | 5.73 |
| Oct 01 | 10.95 | 10.23 | 11.76 | 14.99 |
| Oct 02 | 11.89 | 11.36 | 12.35 | 8.69 |
| Oct 03 | 11.00 | 10.65 | 11.65 | 9.40 |
| Oct 04 | 10.56 | 9.98 | 11.05 | 10.69 |
| Oct 05 | 10.09 | 9.58 | 10.75 | 12.21 |
| Oct 06 | 10.47 | 9.78 | 10.99 | 12.42 |
| Oct 07 | 10.50 | 10.27 | 10.95 | 6.65 |
| Oct 08 | 10.39 | 9.61 | 11.05 | 15.03 |
| Oct 09 | 10.15 | 9.83 | 10.37 | 5.47 |
| Oct 10 | 9.87 | 9.23 | 10.14 | 9.84 |
| Oct 11 | 10.04 | 9.80 | 10.74 | 9.63 |
| Oct 12 | 9.72 | 8.96 | 10.20 | 13.77 |
| Oct 13 | 9.85 | 9.61 | 10.13 | 5.44 |
| Oct 14 | 9.89 | 9.10 | 10.14 | 11.41 |
CleanSpark Daily Price Targets
CleanSpark Stock Forecast 09-15-2024.
Forecast target price for 09-15-2024: $8.86.
Negative dynamics for CleanSpark shares will prevail with possible volatility of 12.639%.
Pessimistic target level: 8.33
Optimistic target level: 9.54
CleanSpark Stock Forecast 09-16-2024.
Forecast target price for 09-16-2024: $8.60.
Negative dynamics for CleanSpark shares will prevail with possible volatility of 7.605%.
Pessimistic target level: 8.36
Optimistic target level: 9.05
CleanSpark Stock Forecast 09-17-2024.
Forecast target price for 09-17-2024: $7.87.
Negative dynamics for CleanSpark shares will prevail with possible volatility of 11.918%.
Pessimistic target level: 7.44
Optimistic target level: 8.45
CleanSpark Stock Forecast 09-18-2024.
Forecast target price for 09-18-2024: $8.16.
Positive dynamics for CleanSpark shares will prevail with possible volatility of 6.389%.
Pessimistic target level: 7.89
Optimistic target level: 8.43
CleanSpark Stock Forecast 09-19-2024.
Forecast target price for 09-19-2024: $8.31.
Positive dynamics for CleanSpark shares will prevail with possible volatility of 9.235%.
Pessimistic target level: 8.08
Optimistic target level: 8.90
CleanSpark Stock Forecast 09-20-2024.
Forecast target price for 09-20-2024: $8.53.
Positive dynamics for CleanSpark shares will prevail with possible volatility of 12.958%.
Pessimistic target level: 7.91
Optimistic target level: 9.08
CLSK (CLSK) Monthly Stock Prediction for 2024
| Month | Target | Pes. | Opt. | Vol., % |
|---|---|---|---|---|
| Oct. | 11.74 | 8.99 | 17.17 | 47.61 |
| Nov. | 15.27 | 11.24 | 20.58 | 45.40 |
| Dec. | 18.10 | 12.46 | 21.36 | 41.69 |
CleanSpark forecast for this year
CleanSpark Stock Prediction for Oct 2024
An uptrend is forecast for this month with an optimal target price of $11.7426. Pessimistic: $8.99. Optimistic: $17.17
CleanSpark Stock Prediction for Nov 2024
An uptrend is forecast for this month with an optimal target price of $15.2653. Pessimistic: $11.24. Optimistic: $20.58
CleanSpark Stock Prediction for Dec 2024
An uptrend is forecast for this month with an optimal target price of $18.1047. Pessimistic: $12.46. Optimistic: $21.36
CleanSpark (CLSK) Monthly Stock Prediction for 2025
| Month | Target | Pes. | Opt. | Vol., % |
|---|---|---|---|---|
| Jan | 15.50 | 11.96 | 22.84 | 47.63 |
| Feb | 10.76 | 7.08 | 12.30 | 42.48 |
| Mar | 10.05 | 6.61 | 12.64 | 47.69 |
| Apr | 13.06 | 7.50 | 17.37 | 56.84 |
| May | 10.55 | 5.61 | 13.65 | 58.89 |
| Jun | 9.22 | 6.12 | 12.04 | 49.16 |
| Jul | 10.61 | 5.71 | 15.12 | 62.27 |
| Aug | 8.70 | 4.84 | 9.74 | 50.36 |
| Sep | 4.73 | 3.08 | 6.29 | 50.98 |
| Oct | 5.89 | 4.98 | 7.49 | 33.54 |
| Nov | 4.20 | 2.23 | 5.23 | 57.30 |
| Dec | 6.64 | 3.73 | 8.07 | 53.78 |
CleanSpark (CLSK) Monthly Stock Prediction for 2026
| Month | Target | Pes. | Opt. | Vol., % |
|---|---|---|---|---|
| Jan | 6.64 | 3.97 | 9.67 | 58.93 |
| Feb | 8.47 | 4.71 | 9.69 | 51.40 |
| Mar | 11.67 | 9.01 | 13.50 | 33.22 |
| Apr | 17.21 | 12.15 | 19.69 | 38.29 |
| May | 11.84 | 9.78 | 14.75 | 33.71 |
| Jun | 6.16 | 4.12 | 7.08 | 41.74 |
| Jul | 7.86 | 6.49 | 9.55 | 32.07 |
| Aug | 7.29 | 4.75 | 10.09 | 52.89 |
| Sep | 6.28 | 4.40 | 8.36 | 47.37 |
| Oct | 6.89 | 5.07 | 7.96 | 36.33 |
| Nov | 9.28 | 4.99 | 12.63 | 60.44 |
| Dec | 11.90 | 9.69 | 17.26 | 43.86 |
CleanSpark information and performance
PO BOX 573633, MURRAY, UT, US
Market capitalization of the CleanSpark, Inc. is the total market value of all issued shares of a company. It is calculated by the formula multiplying the number of CLSK shares in the company outstanding by the market price of one share.
EBITDA of CleanSpark is earnings before interest, income tax and depreciation of assets.
P/E ratio (price to earnings) - shows the ratio between the price of a share and the company's profit
Price/earnings to growth
Dividend Per Share is a financial indicator equal to the ratio of the company's net profit available for distribution to the annual average of ordinary shares.
Dividend yield is a ratio that shows how much a company pays in dividends each year at the stock price.
EPS shows how much of the net profit is accounted for by the common share.
Trailing P/E depends on what has already been done. It uses the current share price and divides it by the total earnings per share for the last 12 months.
Forward P/E uses projections of future earnings instead of final numbers.
Enterprise Value (EV) /Revenue
The EV / EBITDA ratio shows the ratio of the cost (EV) to its profit before tax, interest and amortization (EBITDA).
Number of issued ordinary shares
Number of freely tradable shares
Shares Short Prior Month - the number of shares in short positions in the last month.
CleanSpark (CLSK) stock dividend
CleanSpark last paid dividends on 06/21/2021. The next scheduled payment will be on 12/11/2019. The amount of dividends is $None per share. If the date of the next dividend payment has not been updated, it means that the issuer has not yet announced the exact payment. As soon as information becomes available, we will immediately update the data. Bookmark our portal to stay updated.
Last Split Date: 01/01/1970
Splitting of shares is an increase in the number of securities of the issuing company circulating on the market due to a decrease in their value at constant capitalization.
For example, a 5: 1 ratio means that the value of one share will decrease 5 times, the total amount will increase 5 times. It is important to understand that this procedure does not change the capitalization of the company, as well as the total value of assets held in private hands.
Commentary
As we delve into CleanSpark's (CLSK) financial landscape, it's clear that its operational efficiency and network growth have positioned it well in the competitive Bitcoin mining industry. CLSK has impressed with a significant 52% increase in network share, highlighting its rising production capabilities and potentially robust future revenues. These factors contribute an average influence strength of 8.5 out of 10 to its stock trend in the near term, marking it as a standout amongst peers in a challenging market.
However, the shadows of volatility loom large. With a hefty $73k cost basis per Bitcoin and the implied Bitcoin price (IBP) pegged at $84.4k, the company's trajectory is inextricably linked to Bitcoin’s fluctuating value. This adds a speculative layer to any investment decision, demanding Bitcoin prices exceed $70k for profitability. The influence of Bitcoin price fluctuations scores a perfect 10, underscoring this dependency. In the coming month, while CleanSpark showcases potential, its future seemingly dances to Bitcoin’s tune, keeping the outlook decidedly neutral.