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CleanSpark, Inc. (CLSK)

Financial Services | Capital Markets | Henderson, United States | NasdaqCM
12.36 USD -0.49 (-3.813%) ⇩ (July 13, 2026, 4 p.m. EDT)
After hours: 12.30 -0.06 (-0.059%) ⇩ (July 13, 2026, 7:58 p.m. EDT)

Short-term:★★☆☆☆Long-term:★☆☆☆☆Dividends:☆☆☆☆☆
Hot Take | July 11, 2026, 6:35 a.m. EDT

The fundamental picture is dire: the company is burning cash, reporting negative revenue growth, and trading at a negative forward P/E with a massive debt load relative to equity. The multi-year price trajectory confirms this structural deterioration, having lost nearly two-thirds of its value over the last eight years, with the most recent annual period also showing a decline. Despite a 'strong buy' analyst recommendation driven by a pivot to AI and Bitcoin mining, the market has priced in significant distress, and the lack of a dividend reflects the reality of the cash burn. Short-term momentum remains weak as the stock trades well below its moving averages, and options flow indicates heavy hedging against further drops rather than speculative bets on a rally. This is a high-risk turnaround play where the thesis relies entirely on future execution, not current financial health.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
MSTL ✓0.217668
AutoTheta0.226270
AutoETS0.226617
AutoARIMA0.226620

Forecast horizon: 45 days | Selected: MSTL

Forecast Reliability
Score 31%
H-stat 8.35
Ljung-Box p 0.000
Jarque-Bera p 0.293
Excess Kurtosis -0.71
Attribute Value
Sector Financial Services
Debt to Equity Ratio 181.585
Revenue per Share 2.66
Market Cap 3,171,682,304
Forward P/E -17.05
Beta 3.84
Profit Margins -67.66%
Website https://www.cleanspark.com

As of July 11, 2026, 6:35 a.m. EDT: Speculators are aggressively positioning for a downside move, evidenced by massive open interest walls in out-of-the-money puts (strikes $10, $11, $12) compared to thin call volume. While there is some new call flow near the money ($13.5, $16), the overwhelming capital allocation is in protective puts and bearish bets, suggesting a consensus expectation of further weakness or a failed recovery attempt.


Info Dump

Attribute Value
52 Week Change 0.019841313
Address1 10,624 S. Eastern Ave.
Address2 Suite A -638
All Time High 150.1
All Time Low 0.97
Ask 14.6
Ask Size 6
Audit Risk 9
Average Analyst Rating 1.3 - Strong Buy
Average Daily Volume10 Day 16,555,870
Average Daily Volume3 Month 21,456,845
Average Volume 21,456,845
Average Volume10Days 16,555,870
Beta 3.837
Bid 9.14
Bid Size 2
Board Risk 9
Book Value 3.843
City Henderson
Compensation As Of Epoch Date 1,767,139,200
Compensation Risk 10
Country United States
Crypto Tradeable 0
Currency USD
Current Price 12.36
Current Ratio 8.259
Custom Price Alert Confidence HIGH
Date Short Interest 1,782,777,600
Day High 12.7597
Day Low 12.0201
Debt To Equity 181.585
Display Name CleanSpark
Dividend Date 1,576,022,400
Earnings Call Timestamp End 1,778,531,400
Earnings Call Timestamp Start 1,778,531,400
Earnings Timestamp 1,778,529,600
Earnings Timestamp End 1,786,046,400
Earnings Timestamp Start 1,786,046,400
Ebitda -387,612,000
Ebitda Margins -0.52388
Enterprise To Ebitda -12.131
Enterprise To Revenue 6.355
Enterprise Value 4,702,117,376
Eps Forward -0.725
Eps Trailing Twelve Months -2.08
Esg Populated 0
Exchange NCM
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 15.1638
Fifty Day Average Change -2.8038006
Fifty Day Average Change Percent -0.18490092
Fifty Two Week Change Percent 1.9841313
Fifty Two Week High 23.61
Fifty Two Week High Change -11.250001
Fifty Two Week High Change Percent -0.47649303
Fifty Two Week Low 8.0
Fifty Two Week Low Change 4.3599997
Fifty Two Week Low Change Percent 0.54499996
Fifty Two Week Range 8.0 - 23.61
Financial Currency USD
First Trade Date Milliseconds 1,479,306,600,000
Float Shares 247,704,287
Forward Eps -0.725
Forward P E -17.048275
Free Cashflow -300,704,512
Full Exchange Name NasdaqCM
Full Time Employees 309
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,782,864,000
Gross Margins 0.50709
Gross Profits 375,184,992
Has Pre Post Market Data 1
Held Percent Insiders 0.03502
Held Percent Institutions 0.87601995
Implied Shares Outstanding 256,608,606
Industry Capital Markets
Industry Disp Capital Markets
Industry Key capital-markets
Is Earnings Date Estimate 1
Language en-US
Last Fiscal Year End 1,759,190,400
Last Split Date 1,576,022,400
Last Split Factor 1:10
Long Business Summary CleanSpark, Inc. operates as a bitcoin mining company in the Americas. The company owns, leases, and operates data centers and power assets. Its infrastructure supports Bitcoin, a digital commodity. The company was formerly known as Stratean Inc. and changed its name to CleanSpark, Inc. in November 2016. CleanSpark, Inc. was incorporated in 1987 and is headquartered in Henderson, Nevada.
Long Name CleanSpark, Inc.
Market us_market
Market Cap 3,171,682,304
Market State POSTPOST
Max Age 86,400
Message Board Id finmb_50979342
Most Recent Quarter 1,774,915,200
Net Income To Common -536,588,000
Next Fiscal Year End 1,790,726,400
Non Diluted Market Cap 3,297,420,587
Number Of Analyst Opinions 13
Open 12.448
Operating Cashflow -526,259,008
Operating Margins -2.46283
Overall Risk 10
Payout Ratio 0.0
Phone 702 989 7692
Post Market Change -0.058699608
Post Market Change Percent -0.47491592
Post Market Price 12.3013
Post Market Time 1,783,987,139
Previous Close 12.85
Price Hint 2
Price To Book 3.2162373
Price To Sales Trailing12 Months 4.286729
Profit Margins -0.67657995
Quick Ratio 2.203
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key strong_buy
Recommendation Mean 1.30769
Region US
Regular Market Change -0.490001
Regular Market Change Percent -3.81324
Regular Market Day High 12.7597
Regular Market Day Low 12.0201
Regular Market Day Range 12.0201 - 12.7597
Regular Market Open 12.448
Regular Market Previous Close 12.85
Regular Market Price 12.36
Regular Market Time 1,783,972,801
Regular Market Volume 11,841,550
Return On Assets -0.18244
Return On Equity -0.34804
Revenue Growth -0.249
Revenue Per Share 2.66
Sand P52 Week Change 0.20847368
Sector Financial Services
Sector Disp Financial Services
Sector Key financial-services
Share Holder Rights Risk 10
Shares Outstanding 256,608,606
Shares Percent Shares Out 0.3064
Shares Short 78,632,173
Shares Short Previous Month Date 1,780,012,800
Shares Short Prior Month 83,872,674
Short Name CleanSpark, Inc.
Short Percent Of Float 0.42880002
Short Ratio 3.59
Source Interval 15
State NV
Symbol CLSK
Target High Price 27.0
Target Low Price 16.0
Target Mean Price 21.11538
Target Median Price 21.5
Total Cash 260,287,008
Total Cash Per Share 1.014
Total Debt 1,790,720,000
Total Revenue 739,884,032
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps -2.08
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 13.307
Two Hundred Day Average Change -0.9470005
Two Hundred Day Average Change Percent -0.07116559
Type Disp Equity
Volume 11,841,550
Website https://www.cleanspark.com
Zip 89,052