Cleanspark Stock Analysis

CLSK Stock  USD 16.57  0.88  5.04%   
CleanSpark is overvalued with Real Value of 12.17 and Target Price of 10.1. The main objective of CleanSpark stock analysis is to determine its intrinsic value, which is an estimate of what CleanSpark is worth, separate from its market price. There are two main types of CleanSpark's stock analysis: fundamental analysis and technical analysis.
The CleanSpark stock is traded in the USA on NASDAQ Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA.
  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CleanSpark. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
For more information on how to buy CleanSpark Stock please use our How to buy in CleanSpark Stock guide.

CleanSpark Stock Analysis Notes

About 45.0% of the company shares are held by institutions such as insurance companies. The book value of CleanSpark was currently reported as 6.49. The company last dividend was issued on the 21st of June 2021. CleanSpark had 1:10 split on the 11th of December 2019. CleanSpark, Inc. provides bitcoin mining and energy technology solutions worldwide. CleanSpark, Inc. was incorporated in 1987 and is headquartered in Henderson, Nevada. Cleanspark operates under SoftwareApplication classification in the United States and is traded on NASDAQ Exchange. It employs 86 people. For more info on CleanSpark please contact Zachary Bradford at 702 989 7692 or go to https://www.cleanspark.com.

CleanSpark Quarterly Total Revenue

111.8 Million

CleanSpark Investment Alerts

CleanSpark generated a negative expected return over the last 90 days
CleanSpark has high historical volatility and very poor performance
CleanSpark has high likelihood to experience some financial distress in the next 2 years
The company reported the previous year's revenue of 168.41 M. Net Loss for the year was (132.16 M) with profit before overhead, payroll, taxes, and interest of 90.29 M.
CleanSpark currently holds about 3.48 M in cash with (30.39 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.07.
CleanSpark has a frail financial position based on the latest SEC disclosures
Latest headline from MacroaxisInsider: Disposition of 5000 shares by Taylor Monnig of CleanSpark at 5.98 subject to Rule 16b-3

CleanSpark Upcoming and Recent Events

8th of February 2024
Upcoming Quarterly Report
View
8th of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
5th of December 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
30th of September 2023
Last Financial Announcement
View

CleanSpark Largest EPS Surprises

Earnings surprises can significantly impact CleanSpark's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2023-08-09
2023-06-30-0.17-0.120.0529 
2023-02-09
2022-12-31-0.53-0.460.0713 
2023-05-10
2023-03-31-0.33-0.230.130 
View All Earnings Estimates

CleanSpark Environmental, Social, and Governance (ESG) Scores

CleanSpark's ESG score is a quantitative measure that evaluates CleanSpark's performance and commitment regarding environmental, social, and governance (ESG) factors. These scores are becoming increasingly crucial in investment decision-making processes, providing insights into non-financial aspects of CleanSpark's operations that may have significant financial implications and affect CleanSpark's stock price as well as guide investors towards more socially responsible investments.

CleanSpark Thematic Classifications

In addition to having CleanSpark stock in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
Cleaning Idea
Cleaning
Cleaning products, supplies, and accessories

CleanSpark Stock Institutional Investors

Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares
Northern Trust Corp2024-03-31
1.7 M
Jpmorgan Chase & Co2024-03-31
1.7 M
Charles Schwab Investment Management Inc2024-03-31
1.7 M
Jane Street Group, Llc2023-12-31
1.6 M
Tidal Investments Llc.2024-03-31
1.6 M
Susquehanna International Group, Llp2024-03-31
1.2 M
Deutsche Bank Ag2024-03-31
1.1 M
Vident Advisory, Llc2024-03-31
992.4 K
Canada Pension Plan Investment Board2024-03-31
884.6 K
Blackrock Inc2024-03-31
15.3 M
Vanguard Group Inc2024-03-31
12.8 M
Note, although CleanSpark's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

CleanSpark Market Capitalization

The company currently falls under 'Mid-Cap' category with a current market capitalization of 3.84 B.

CleanSpark Profitablity

The company has Profit Margin (PM) of 0.22 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 1.24 %, which suggests for every 100 dollars of sales, it generated a net operating income of $1.24.
Last ReportedProjected for Next Year
Return On Tangible Assets(0.16)(0.17)
Return On Capital Employed(0.22)(0.23)
Return On Assets(0.16)(0.17)
Return On Equity(0.23)(0.24)

Management Efficiency

CleanSpark has return on total asset (ROA) of 0.0494 % which means that it generated a profit of $0.0494 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.0714 %, meaning that it created $0.0714 on every $100 dollars invested by stockholders. CleanSpark's management efficiency ratios could be used to measure how well CleanSpark manages its routine affairs as well as how well it operates its assets and liabilities. The value of Return On Tangible Assets is estimated to slide to -0.17. The value of Return On Capital Employed is expected to slide to -0.23. Total Current Liabilities is expected to rise to about 89.4 M this year. Liabilities And Stockholders Equity is expected to rise to about 919.6 M this year
Last ReportedProjected for Next Year
Book Value Per Share 5.93  6.23 
Tangible Book Value Per Share 5.82  6.11 
Enterprise Value Over EBITDA(163.45)(171.62)
Price Book Value Ratio 0.52  0.55 
Enterprise Value Multiple(163.45)(171.62)
Price Fair Value 0.52  0.55 
Enterprise Value341 M184.3 M
The analysis of CleanSpark's management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze CleanSpark's future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of CleanSpark Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.
Operating Margin
1.2448
Profit Margin
0.2241
Beta
4.242
Return On Assets
0.0494
Return On Equity
0.0714

Technical Drivers

As of the 24th of July, CleanSpark shows the risk adjusted performance of 0.0199, and Mean Deviation of 4.15. CleanSpark technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices.

CleanSpark Price Movement Analysis

Execute Study
The output start index for this execution was twenty-three with a total number of output elements of thirty-eight. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. CleanSpark middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for CleanSpark. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.

CleanSpark Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific CleanSpark insiders, such as employees or executives, is commonly permitted as long as it does not rely on CleanSpark's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases CleanSpark insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

CleanSpark Outstanding Bonds

CleanSpark issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. CleanSpark uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most CleanSpark bonds can be classified according to their maturity, which is the date when CleanSpark has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.

CleanSpark Predictive Daily Indicators

CleanSpark intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of CleanSpark stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

CleanSpark Corporate Filings

8K
3rd of July 2024
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify
2nd of July 2024
Other Reports
ViewVerify
F4
28th of June 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
8K
27th of June 2024
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify
8K
20th of June 2024
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify
8K
31st of May 2024
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify
8K
9th of May 2024
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify
8K
12th of April 2024
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify

CleanSpark Forecast Models

CleanSpark's time-series forecasting models are one of many CleanSpark's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary CleanSpark's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

About CleanSpark Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how CleanSpark prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling CleanSpark shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as CleanSpark. By using and applying CleanSpark Stock analysis, traders can create a robust methodology for identifying CleanSpark entry and exit points for their positions.
Last ReportedProjected for Next Year
Pretax Profit Margin(0.70)(0.74)
Operating Profit Margin(0.70)(0.74)
Net Loss(0.73)(0.77)
Gross Profit Margin 0.20  0.19 

Current CleanSpark Analysis - Recommendations

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. CleanSpark analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. CleanSpark analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target PriceAdvice# of Analysts
10.1Strong Buy6Odds
CleanSpark current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most CleanSpark analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand CleanSpark stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of CleanSpark, talking to its executives and customers, or listening to CleanSpark conference calls.
CleanSpark Analyst Advice Details

CleanSpark Stock Analysis Indicators

CleanSpark stock analysis indicators help investors evaluate how CleanSpark stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading CleanSpark shares will generate the highest return on investment. By understating and applying CleanSpark stock analysis, traders can identify CleanSpark position entry and exit signals to maximize returns.
Begin Period Cash Flow20.5 M
Long Term Debt8.9 M
Common Stock Shares Outstanding102.7 M
Total Stockholder Equity677.2 M
Tax Provision857 K
Property Plant And Equipment Net565.1 M
Cash And Short Term Investments86.2 M
Cash29.2 M
Accounts Payable65.6 M
Net Debt-12.5 M
50 Day M A16.9102
Total Current Liabilities74.1 M
Other Operating Expenses291.7 M
Non Current Assets Total659.4 M
Forward Price Earnings21.3675
Non Currrent Assets Other81.7 M
Stock Based Compensation24.1 M

Additional Information and Resources on Investing in CleanSpark Stock

When determining whether CleanSpark is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if CleanSpark Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Cleanspark Stock. Highlighted below are key reports to facilitate an investment decision about Cleanspark Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CleanSpark. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
For more information on how to buy CleanSpark Stock please use our How to buy in CleanSpark Stock guide.
You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
Is Application Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of CleanSpark. If investors know CleanSpark will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about CleanSpark listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
0.13
Revenue Per Share
1.74
Quarterly Revenue Growth
1.628
Return On Assets
0.0494
Return On Equity
0.0714
The market value of CleanSpark is measured differently than its book value, which is the value of CleanSpark that is recorded on the company's balance sheet. Investors also form their own opinion of CleanSpark's value that differs from its market value or its book value, called intrinsic value, which is CleanSpark's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because CleanSpark's market value can be influenced by many factors that don't directly affect CleanSpark's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between CleanSpark's value and its price as these two are different measures arrived at by different means. Investors typically determine if CleanSpark is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CleanSpark's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.