Research Analysts Issue Forecasts for Cleanspark Q3 Earnings

Cleanspark, Inc. (NASDAQ:CLSK) – B. Riley issued their Q3 2025 earnings per share estimates for Cleanspark in a note issued to investors on Monday, June 30th. B. Riley analyst N. Giles expects that the company will earn $0.00 per share for the quarter. B. Riley currently has a “Strong-Buy” rating on the stock. The consensus estimate for Cleanspark’s current full-year earnings is $0.58 per share. B. Riley also issued estimates for Cleanspark’s Q4 2025 earnings at $0.01 EPS, FY2025 earnings at ($0.06) EPS, Q1 2026 earnings at $0.15 EPS, Q2 2026 earnings at $0.13 EPS, Q3 2026 earnings at $0.12 EPS, Q4 2026 earnings at $0.10 EPS, FY2026 earnings at $0.50 EPS, Q1 2027 earnings at $0.14 EPS, Q2 2027 earnings at $0.11 EPS, Q3 2027 earnings at $0.09 EPS and FY2027 earnings at $0.41 EPS.

Cleanspark (NASDAQ:CLSK) last posted its earnings results on Thursday, May 8th. The company reported ($0.02) EPS for the quarter, missing the consensus estimate of $0.03 by ($0.05). Cleanspark had a negative net margin of 35.43% and a negative return on equity of 4.65%. The firm had revenue of $181.71 million during the quarter, compared to analyst estimates of $196.43 million. During the same period in the previous year, the company posted $0.59 EPS. Cleanspark’s revenue for the quarter was up 62.5% compared to the same quarter last year.

Other equities research analysts have also recently issued reports about the company. BTIG Research reiterated a “buy” rating on shares of Cleanspark in a research note on Friday, June 13th. Chardan Capital reiterated a “buy” rating and issued a $20.00 price target on shares of Cleanspark in a research note on Wednesday, June 25th. Finally, JPMorgan Chase & Co. boosted their price target on Cleanspark from $12.00 to $14.00 and gave the company an “overweight” rating in a research note on Friday, June 13th. Eight analysts have rated the stock with a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Buy” and an average target price of $20.38.

Cleanspark Trading Down 1.5%

Shares of CLSK stock opened at $12.30 on Thursday. The stock has a market cap of $3.45 billion, a P/E ratio of -12.81 and a beta of 4.23. The stock has a 50 day simple moving average of $9.58 and a 200 day simple moving average of $9.34. Cleanspark has a 1 year low of $6.45 and a 1 year high of $20.49.

Institutional Investors Weigh In On Cleanspark

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Voya Investment Management LLC lifted its stake in Cleanspark by 103.8% during the first quarter. Voya Investment Management LLC now owns 149,672 shares of the company’s stock worth $1,006,000 after purchasing an additional 76,247 shares during the last quarter. Rhumbline Advisers lifted its stake in shares of Cleanspark by 115.8% in the 1st quarter. Rhumbline Advisers now owns 720,903 shares of the company’s stock valued at $4,844,000 after acquiring an additional 386,809 shares during the last quarter. Strs Ohio bought a new position in shares of Cleanspark in the 1st quarter valued at $38,000. Belpointe Asset Management LLC lifted its stake in shares of Cleanspark by 87.6% in the 1st quarter. Belpointe Asset Management LLC now owns 19,364 shares of the company’s stock valued at $130,000 after acquiring an additional 9,042 shares during the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in shares of Cleanspark by 16.8% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 598,994 shares of the company’s stock valued at $4,025,000 after acquiring an additional 86,229 shares during the last quarter. 43.12% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other Cleanspark news, Director Roger Paul Beynon sold 50,000 shares of the company’s stock in a transaction on Wednesday, May 21st. The stock was sold at an average price of $10.51, for a total transaction of $525,500.00. Following the completion of the sale, the director directly owned 125,511 shares in the company, valued at $1,319,120.61. This represents a 28.49% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 2.65% of the stock is owned by insiders.

Cleanspark Company Profile

CleanSpark, Inc operates as a bitcoin miner in the Americas. It owns and operates data centers that primarily run on low-carbon power. Its infrastructure supports Bitcoin, a digital commodity and a tool for financial independence and inclusion. The company was formerly known as Stratean Inc and changed its name to CleanSpark, Inc in November 2016.