CleanSpark operates in the financial services sector, focusing primarily on cryptocurrency mining and energy solutions. The company provides services related to Bitcoin mining, including the operation of mining facilities and the management of energy consumption. Major revenue sources include Bitcoin production and energy management services, leveraging renewable energy to optimize operational costs. CleanSpark aims to enhance profitability through efficient energy use and scaling its mining operations.
The investment profile of CleanSpark is more aligned with growth investors, given its focus on expanding cryptocurrency mining capabilities and energy efficiency. The company is currently navigating challenges in revenue, which may appeal to those looking for potential recovery and growth opportunities. Investors should consider the volatility associated with the cryptocurrency market and the company's operational adjustments.
| Date | Before | After | Reason |
|---|---|---|---|
| 2026-08-11 | Hold | Sell | Weak fundamentals and negative momentum signal high risk. |
| 2026-08-04 | Sell | Hold | Weak fundamentals with high volatility and uncertain outlook. |
| 2026-07-23 | Hold | Sell | Weak fundamentals and high volatility raise concerns. |
| 2026-07-15 | — | Hold | Weak fundamentals and high volatility raise concerns. |
| Date | Analyst | Action | Target | Price Then |
|---|---|---|---|---|
| 2026-07-15 | Cantor Fitzgerald | Target Raised | — → 26 | 13.45 |
| 2026-05-04 | Needham | Target Raised | 17 → 18 | 12.17 |
| 2026-04-09 | Cantor Fitzgerald | Target Lowered | 17 → 14 | 10.2 |
| 2026-02-06 | Macquarie | Target Lowered | 27 → 18 | 9.8402 |
| 2026-02-06 | Cantor Fitzgerald | Target Lowered | 21 → 17 | 8.265 |
| 2026-02-06 | Needham | Target Lowered | 25 → 19 | 8.265 |
| 2026-01-13 | Northland Securities | Update | — → 22.5 | 12.255 |
| 2026-01-08 | Maxim Group | Update | — → 22 | 11.93 |
| 2025-11-26 | Macquarie | Target Lowered | 30 → 27 | 12.085 |
| 2025-11-26 | B.Riley Financial | Target Lowered | — → 22 | 13.0136 |
| 2025-11-26 | Needham | Target Raised | 23 → 25 | 12.795 |
