While Cleanspark Inc has underperformed by -0.40%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, CLSK rose by 36.81%, with highs and lows ranging from $20.49 to $6.45, whereas the simple moving average jumped by 22.99% in the last 200 days.
On July 01, 2025, B. Riley Securities started tracking Cleanspark Inc (NASDAQ: CLSK) recommending Buy. Needham also rated CLSK shares as ‘Buy’, setting a target price of $20 on the company’s shares in an initiating report dated February 12, 2025. Keefe Bruyette Initiated an Outperform rating on January 27, 2025, and assigned a price target of $19. JP Morgan December 10, 2024d its ‘Neutral’ rating to ‘Overweight’ for CLSK, as published in its report on December 10, 2024. Macquarie’s report from September 25, 2024 suggests a price prediction of $20 for CLSK shares, giving the stock a ‘Outperform’ rating. JP Morgan also rated the stock as ‘Neutral’.
Analysis of Cleanspark Inc (CLSK)
Further, the quarter-over-quarter increase in sales is 62.53%, showing a positive trend in the upcoming months.
Cleanspark Inc’s future performance can be predicted by a variety of well-rounded types of analysis and research, with equity being one of the most crucial ones. The goal here is to ensure that your current return on equity of -11.36% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 8.67, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
For any stock, average volume can be an extremely valuable indicator of volatility, and CLSK is registering an average volume of 27.51M. On a monthly basis, the volatility of the stock is set at 7.18%, whereas on a weekly basis, it is put at 8.15%, with a gain of 11.21% over the past seven days. Furthermore, long-term investors anticipate a median target price of $20.00, showing growth from the present price of $12.6, which can serve as yet another indication of whether CLSK is worth investing in or should be passed over.
How Do You Analyze Cleanspark Inc Shares?
Besides checking the fundamentals, you should also know how many employees own shares in the company. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 2.87%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 60.83% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
