Cleanspark (CLSK) to Release Earnings on Thursday

Cleanspark (NASDAQ:CLSK) is projected to post its Q2 2026 results after the market closes on Thursday, May 7th. Analysts expect Cleanspark to post earnings of ($0.25) per share and revenue of $145.3510 million for the quarter. Individuals can check the company’s upcoming Q2 2026 earning summary page for the latest details on the call scheduled for Monday, May 11, 2026 at 4:30 PM ET.

Cleanspark Stock Up 4.7%

NASDAQ CLSK traded up $0.61 on Tuesday, hitting $13.43. 11,655,054 shares of the stock traded hands, compared to its average volume of 24,000,803. The stock has a 50-day moving average of $10.25 and a 200 day moving average of $12.17. Cleanspark has a twelve month low of $7.82 and a twelve month high of $23.61. The company has a market capitalization of $3.43 billion, a P/E ratio of -12.53 and a beta of 3.71. The company has a current ratio of 10.54, a quick ratio of 10.54 and a debt-to-equity ratio of 1.29.

Analysts Set New Price Targets

Several analysts have issued reports on the company. Keefe, Bruyette & Woods cut their price objective on Cleanspark from $18.00 to $14.00 and set an “outperform” rating on the stock in a research note on Monday, February 9th. Zacks Research upgraded Cleanspark from a “strong sell” rating to a “hold” rating in a research note on Friday, February 20th. Northland Securities initiated coverage on Cleanspark in a research report on Tuesday, January 13th. They set an “outperform” rating and a $22.50 price target on the stock. Needham & Company LLC increased their price target on Cleanspark from $17.00 to $18.00 and gave the stock a “buy” rating in a research report on Monday. Finally, Chardan Capital reiterated a “buy” rating and set a $16.00 price target on shares of Cleanspark in a research report on Wednesday, April 8th. One investment analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $20.29.

Institutional Trading of Cleanspark

Several large investors have recently added to or reduced their stakes in the business. Marex Group plc raised its stake in Cleanspark by 23,812.2% during the 4th quarter. Marex Group plc now owns 5,400,561 shares of the company’s stock valued at $54,654,000 after acquiring an additional 5,377,976 shares in the last quarter. Voloridge Investment Management LLC bought a new stake in Cleanspark during the 3rd quarter valued at $56,056,000. Dimensional Fund Advisors LP raised its stake in Cleanspark by 80.4% during the 4th quarter. Dimensional Fund Advisors LP now owns 7,779,062 shares of the company’s stock valued at $78,731,000 after acquiring an additional 3,467,841 shares in the last quarter. Renaissance Technologies LLC bought a new stake in Cleanspark during the 4th quarter valued at $26,125,000. Finally, Clearfield Capital Management LP bought a new stake in Cleanspark during the 4th quarter valued at $13,496,000. 43.12% of the stock is currently owned by institutional investors and hedge funds.

About Cleanspark

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.