NASDAQ: CLSK

CleanSpark (CLSK) Stock Analysis & Forecast

Oct 12 close

$10.30−0.20 (−1.9%)

Gekko Brief

AI summaryOct 12 close

CleanSpark this week centers on its data center buildout and financing alongside bitcoin mining results. The company reported Q3 2026 revenue up 1% to $138 million with a GAAP net loss of $240 million tied to Bitcoin mark-to-market adjustments, while closing a $2.276 billion bond financing at 7.875% interest maturing in 2031, which fully funds its Sandersville data center project backed by Meta Platforms with roughly $6.6 billion in contracted revenue. Separately, CleanSpark reported mining 529 bitcoin in September, down from 593 in August, with operating hashrate falling to 36.0 EH/s and total holdings declining to 13,530 bitcoin; the company is ending monthly operational updates in favor of quarterly reporting.

CLSK closed at $10.30, down 1.9%, sitting between its 50-day average of $12.64 and 200-day average of $12.56, with one-month and three-month returns of -24.7% and -23.4% respectively. The GekkoIndex reads 70.1, placing the stock in the Buying zone. Price sits 38.2% below Gekko Fair Value of $16.68.

The next earnings date falls on 24 November 2026, 42 days out and beyond a typical 20-trading-day hold; the prior report on 6 August showed an EPS miss of -$0.89 against a -$0.47 estimate, with an 8.9% price reaction. Seasonality from this point in the calendar has averaged a 20.7% move over the next 20 trading days across 5 years, rising in 4 of them. Analyst consensus from 11 firms stands at a $23.89 target, all currently rated buy. No insider, Congress, or unusual options activity appears in the respective 90-day and 30-day windows.

Written by AI from the Oct 12, 2026 close and checked automatically against the figures on this page.

CleanSpark price vs fair value

$16.68$10.30Oct ’25Apr ’26Oct ’26
Close $10.30200-day averageGekko Fair Value $16.68

CleanSpark quick facts

Market cap
$2.64B
P/E ratio
—
Forward P/E
30.5
EPS, TTM
−$3.78
Revenue, TTM
$679.2M
Profit margin
-146.9%
Dividend yield
—
Beta
3.84
Volume
9.32M avg 16.53M
1-year return
−48.7%
Typical daily move
±7.3%
Typical 20-day move
±18.7%
50-day average
$12.64
200-day average
$12.56
Next earnings
Nov 24 after close
Shares outstanding
256.8M
52-week range
$8.00$23.61

CleanSpark swing-trade checklist

CleanSpark scores 4 supportive, 1 mixed and 0 headwinds across the 5 checklist items with data.

Six things swing traders check before a 20-day hold, read from the latest data.

4 supportive1 mixed0 headwinds

  • Trendmixed

    Averages disagree

    Close $10.30 sits between the 50-day ($12.64) and 200-day ($12.56) averages, or the averages disagree.

    See the chart
  • GekkoIndexsupportive

    70.1, Buying

    Reading 70.1 is in the Buying zone.

    See the GekkoIndex
  • Fair valuesupportive

    38.2% below

    Price is 38.2% below Gekko Fair Value (more than 5% below).

    See fair value
  • Smart moneyno data

    No data

    No insider, Congress or unusual options activity in the window.

    See smart money
  • Earnings risksupportive

    Reports in 43 days

    Next report Nov 24, 2026, 43 days away — outside a typical 20-trading-day hold.

    See earnings
  • Seasonalitysupportive

    +20.7% on average

    From this point in the calendar, the next 20 trading days averaged +20.7% over 5 years, rising in 4 of them.

    See seasonality

A description of current data, not a recommendation. How this page works

CleanSpark stock chart and price history

CleanSpark closed at $10.30 on Oct 12, 2026, −48.7% over the past year, inside a 52-week range of $8.00 to $23.61.

Close50-day average200-day averageVolume
CleanSpark share price, past year, with 50-day and 200-day moving averages and volume$15$20NovDecJan 2026FebMarAprMayJunJulAugSepOct10.30

Use the left and right arrow keys to read daily values.

Performance Breakdown

1 month
−24.7%
3 months
−23.4%
6 months
−4.3%
1 year
−48.7%
The full CLSK chart adds GekkoIndex, insider, options, Congress and hedge fund markers, plus TrendCandles™.Open CLSK in Gekko

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About CleanSpark

CleanSpark mines bitcoin and builds technology for managing energy systems. Its mining work focuses on producing digital currency, while its energy-focused work covers engineering, software, and custom hardware for microgrids and distributed power setups used by military, business, and home customers.

The company runs through two main divisions, one centered on digital currency mining and the other on energy solutions. The energy side includes control systems such as mPulse and mVoult for coordinating different power sources, middleware platforms like Canvas and Plaid that let grid operators and connected-device companies manage demand-side programs, and mVSO, software used internally for microgrid design. It also works with gasification technology tied to di-methyl ether feedstock, offers technology consulting for design and software projects, and runs data center facilities with rack space, power, and cloud services including virtual servers, storage, and backup.

CleanSpark traces back to 1987, when it was founded as Stratean Inc., and took on its current name in November 2016. The company is headquartered in Henderson, Nevada, and its shares are listed on the NASDAQ under the ticker CLSK.

Listed
NASDAQ
Sector
Technology services
Industry
Data processing services
Website
cleanspark.com

CleanSpark GekkoIndex: the smart money zone

CleanSpark’s GekkoIndex — Gekko’s 0 to 100 smart money score — reads 70.1, in the Buying zone, up 7.3 points over five sessions.

010070.1Buying

Up 7.3 points over five sessions, from the Accumulation zone.

Reading for Oct 12, 2026

What followed past readings in each zone

ZoneReadings5 days10 days20 days50 days
Buying (current zone)21+10.3%+19.1%+44.3%+51.3%
Accumulation283+2.0%+4.0%+6.0%+16.5%
Neutral325−0.4%−1.0%−0.5%−4.6%
Distribution40+7.0%+11.0%+14.1%−11.3%
Selling12+3.1%+17.2%+26.6%+27.1%

Average CLSK share-price change over the trading days after each daily reading in its GekkoIndex history. Across every stock Gekko tracks, Buying readings averaged +3.1% over 20 days. Past behaviour doesn’t guarantee future results.

Buying zone: Smart money likely accumulating heavily. About the five zones →

See every daily GekkoIndex reading plotted over the CLSK price, zone by zone.Track CLSK in Gekko

Is CleanSpark stock overvalued? Gekko Fair Value

CleanSpark trades 38.2% below Gekko Fair Value of $16.68, so the shares are undervalued on Gekko’s estimate.

Gekko’s own estimate of what CleanSpark shares are worth, recalculated every trading day.

$16.68

Gekko Fair Value, Oct 9, 2026

38.2% Undervalued

At the end of Aug 2026 the price was 42.4% below the estimate.

Gekko Fair ValueShare price, month end
$17$11Aug 2026SepOct 2026

How Gekko Fair Value works →

Gekko Fair Value on every chart, with the gap to price updating daily.Open CLSK in Gekko

CleanSpark insider and Congress trading

No open-market insider purchases were filed for CleanSpark, and no Congress trades were disclosed, in the last 90 days.

Plus buybacks, unusual options and fund positions, each dated to when it became public.

Insider buying last 90 days

No open-market insider purchases were filed for CLSK in the last 90 days.

From Form 4 filings, dated to when each was filed.

Every CLSK insider filing, plotted on the chart in Gekko.Open CLSK in Gekko

Congress trades last 90 days

No trades in CLSK were disclosed by members of Congress in the last 90 days.

From congressional disclosures, which report amounts as ranges.

Congress disclosures for CLSK, plotted on the chart in Gekko.Open CLSK in Gekko

Buybacks

CleanSpark has been buying back its own shares.

Bought back, quarter ended Dec 31, 2025
$460.0M
As a share of market cap
17.40%

From company filings.

Hedge funds and billionaires quarter ended Mar 31

1of the funds Gekko tracks holds CLSK.

1added0opened0trimmed0sold out
Which funds are on each side, name by name.Unlock in Gekko

CleanSpark earnings: next date and track record

CleanSpark reports on Nov 24, 2026, after the close (43 days away), and beat the EPS estimate in 3 of its last 8 reports.

3 of 8reports beat the EPS estimate
±8.6%average move across the report
3 of 8reports followed by a gain

Share-price move across each report

−2.8%Dec ’24+9.9%Feb ’25+14.6%May ’25−8.5%Aug ’25+17.2%Nov ’25−1.4%Feb ’26−5.1%May ’26−8.9%Aug ’26
ReportedEPSSurpriseRevenueSurpriseMove
Aug 6, 2026−$0.89
est −$0.47
−88.4%$138.0M
est $142.4M
−3.1%−8.9%
May 11, 2026−$0.49
est −$0.23
−114.9%$136.4M
est $145.4M
−6.2%−5.1%
Feb 5, 2026−$1.32
est $0.21
−728.6%$181.2M
est $192.1M
−5.7%−1.4%
Nov 25, 2025$0.16
est $0.28
−42.1%$223.7M
est $232.9M
−4.0%+17.2%
Aug 7, 2025$0.78
est $0.06
+1,200.0%$198.6M
est $237.9M
−16.5%−8.5%
May 8, 2025−$0.49
est −$0.13
−276.9%$181.7M
est $186.5M
−2.6%+14.6%
Feb 6, 2025$0.80
est −$0.16
+599.6%$162.3M
est $198.0M
−18.0%+9.9%
Dec 2, 2024$0.28
est −$0.18
+256.2%$89.28M
est $88.76M
+0.6%−2.8%

“Move” is the close of the first session after the report compared with the close of the last session before it, so it reads the same whether the company reported before the open or after the close.

CleanSpark stock forecast and analyst price targets

Analysts’ average 12-month price target for CleanSpark is $23.89, +131.9% from the last close, from 11 firms rating the stock in the last 90 days.

$23.89consensus 12-month target, +131.9% from the last close
Low $21High $26
Buy11
Hold0
Sell0

Each firm’s latest rating in the last 90 days: 11 firms.

Latest analyst actions

DateFirmRatingTargetvs price
Sep 28Clear StreetBuy, maintained——
Sep 9Northland SecuritiesBuy, maintained$21+103.9%
Aug 31BernsteinBuy, maintained$24+133.0%
Aug 18Clear StreetBuy, reiterated$22+113.6%
Aug 14NeedhamBuy, maintained$23+123.3%
+44.3%average 20-day move after past Buying readings
+20.7%average move over the next 20 trading days in the last 5 years
±7.3%typical daily move, from the 14-day average range

Gekko doesn’t publish price predictions. These are analyst targets and historical base rates, which don’t guarantee future results.

CleanSpark seasonality: the next 20 trading days

Over the next 20 trading days from Oct 10, CleanSpark averaged +20.7% across the last 5 years, rising in 4 of them.

Next 20 trading days, by year

+53.2%2021+7.6%2022+15.5%2023+56.7%2024−19.2%2025

Average move and hit rate

WindowAverageYears higher
Next 5 trading days+13.1%5 of 5
Next 10 trading days+16.9%5 of 5
Next 15 trading days+21.3%4 of 5
Next 20 trading days+20.7%4 of 5
Next 30 trading days+1.6%3 of 5

For scale, CLSK’s typical 20-trading-day move in either direction is about 18.7%.

CleanSpark market cap and key statistics

CleanSpark’s market cap is $2.64B and revenue of $679.2M over the last twelve months.

Valuation

Market cap
$2.64B
Forward P/E
30.5
EPS, TTM
−$3.78
Gekko Fair Value
$16.68

Trading

Volume
9.32M
Avg volume, 20 days
16.53M
52-week high
$23.61
52-week low
$8.00
Shares outstanding
256.8M

Financials

Revenue, TTM
$679.2M
Profit margin
-146.9%
Return on equity
-68.6%
Quarterly earnings growth, YoY
+491.6%

Risk and income

Beta
3.84
Typical daily move
±7.3%
Typical 20-day move
±18.7%

CleanSpark peers

CleanSpark’s 6 largest industry peers by market value, with today’s move, GekkoIndex zone and gap to Gekko Fair Value.

StockTodayGekkoIndex zonevs Fair Value
PAYXPaychex+0.1%Accumulation18.0% below
VRSKVerisk Analytics−1.0%Neutral19.7% below
JJacobs Solutions−0.3%Neutral7.1% above
AKAMAkamai Technologies−5.0%Accumulation22.2% below
TYLTyler Technologies+1.1%Neutral7.8% below
GDDYGoDaddy−1.9%Neutral12.4% below

A peer links to its own page where one exists.

In the Buying zone today

Reporting earnings this week

Popular on Gekko

CleanSpark stock FAQ

What is CleanSpark’s market cap?

CleanSpark’s market cap is $2.64B at the Oct 12, 2026 close of $10.30, with 256.8M shares outstanding.

What is the CleanSpark stock forecast?

The consensus analyst 12-month price target for CleanSpark is $23.89, +131.9% from the last close. Of the 11 firms that rated the stock in the last 90 days, 11 rate it a buy, 0 a hold and 0 a sell. Gekko doesn’t publish price predictions of its own.

Is CleanSpark stock overvalued or undervalued?

On Gekko’s estimate CleanSpark is undervalued: the Oct 12, 2026 close of $10.30 is 38.2% below Gekko Fair Value of $16.68. Gekko Fair Value is recalculated every trading day, and a gap inside 5% either way counts as about fair value.

When does CleanSpark report earnings next?

CleanSpark is expected to report on Nov 24, 2026, after the market closes (43 days away). Analysts expect earnings of −$0.36 per share on revenue of $134.3M. CleanSpark beat the earnings estimate in 3 of its last 8 reports, moving 8.6% on average across the report.

What is CleanSpark’s 52-week high and low?

CleanSpark’s 52-week high is $23.61 and its 52-week low is $8.00; it closed at $10.30 on Oct 12, 2026, −48.7% over the past year. Over the last five years the shares peaked at $24.72 on Mar 27, 2024.

Is CleanSpark stock a buy right now?

Gekko describes the data; it does not make buy or sell recommendations. On the swing-trade checklist, 4 of the 5 items with data read as supportive (gekkoindex, fair value, earnings risk and seasonality), 1 as mixed (trend). The checklist is a description of current data, not a recommendation.

How this page works

During US trading hours the price at the top of the page is a delayed quote, refreshed every 15 minutes; everything else is rebuilt after each US market close. The GekkoIndex, Gekko Fair Value and the checklist are Gekko’s own, and the Gekko Brief is written by AI from this page’s data and checked against it before it is published. How Gekko’s data works →

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