Cleanspark (CLSK) to Release Quarterly Earnings on Thursday

Cleanspark (NASDAQ:CLSK) is expected to release its Q3 2026 results after the market closes on Thursday, August 6th. Analysts expect the company to announce earnings of ($0.4844) per share and revenue of $142.3680 million for the quarter. Investors may visit the the company’s upcoming Q3 2026 earning report page for the latest details on the call scheduled for Thursday, August 6, 2026 at 4:30 PM ET.

Cleanspark (NASDAQ:CLSK) last posted its quarterly earnings data on Monday, May 11th. The company reported ($1.52) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.25) by ($1.27). Cleanspark had a negative net margin of 67.66% and a positive return on equity of 7.07%. The firm had revenue of $136.41 million during the quarter, compared to analyst estimates of $145.35 million. During the same period in the prior year, the firm earned ($0.49) EPS. The business’s quarterly revenue was down 24.9% on a year-over-year basis. On average, analysts expect Cleanspark to post $-1 EPS for the current fiscal year and $-1 EPS for the next fiscal year.

Cleanspark Price Performance

CLSK opened at $14.17 on Tuesday. The company has a 50 day moving average of $15.26 and a two-hundred day moving average of $12.66. The company has a market cap of $3.64 billion, a P/E ratio of -6.71 and a beta of 3.86. Cleanspark has a 52-week low of $8.00 and a 52-week high of $23.61. The company has a quick ratio of 8.26, a current ratio of 8.26 and a debt-to-equity ratio of 1.81.

Hedge Funds Weigh In On Cleanspark

Hedge funds have recently modified their holdings of the stock. Rafferty Asset Management LLC bought a new stake in Cleanspark in the fourth quarter worth $133,000. Richmond Investment Services LLC acquired a new position in shares of Cleanspark during the fourth quarter worth approximately $133,000. Commonwealth Equity Services LLC bought a new stake in Cleanspark in the 4th quarter valued at $116,000. CIBC Private Wealth Group LLC grew its position in Cleanspark by 152.1% during the fourth quarter. CIBC Private Wealth Group LLC now owns 7,576 shares of the company’s stock worth $77,000 after buying an additional 4,571 shares in the last quarter. Finally, Parallel Advisors LLC grew its holdings in shares of Cleanspark by 212.3% during the 4th quarter. Parallel Advisors LLC now owns 12,178 shares of the company’s stock worth $123,000 after purchasing an additional 8,278 shares in the last quarter. 43.12% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of analysts have recently issued reports on CLSK shares. Citigroup initiated coverage on shares of Cleanspark in a research note on Wednesday, June 24th. They set an “outperform” rating on the stock. Chardan Capital raised their price target on shares of Cleanspark from $19.00 to $21.00 and gave the stock a “buy” rating in a research report on Tuesday, July 28th. Cantor Fitzgerald upped their price objective on Cleanspark from $17.00 to $26.00 and gave the stock an “overweight” rating in a research note on Wednesday, July 15th. Citizens Jmp initiated coverage on Cleanspark in a report on Wednesday, June 24th. They issued a “market outperform” rating and a $27.00 price objective for the company. Finally, Keefe, Bruyette & Woods upped their target price on Cleanspark from $16.00 to $25.00 and gave the stock an “outperform” rating in a research report on Tuesday, July 28th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $23.88.

Cleanspark Company Profile

CleanSpark, Inc (NASDAQ: CLSK) is a leading energy software and services company specializing in advanced microgrid controls and distributed energy resource (DER) management. The firm develops proprietary software platforms designed to optimize power flows across on-grid and off-grid installations, integrating renewable generation, battery storage, and traditional generation assets. CleanSpark’s technology is used by utilities, commercial and industrial enterprises, and remote facilities seeking to enhance energy resilience, reduce operating costs, and achieve sustainability goals.

In addition to its core software offerings, CleanSpark provides end-to-end engineering, procurement and construction (EPC) services.