Cleanspark (CLSK) to Post Earnings on Thursday

Cleanspark (NASDAQ:CLSK) is projected to issue its Q3 2026 results after the market closes on Thursday, August 6th. Analysts expect the company to post earnings of ($0.4844) per share and revenue of $142.3680 million for the quarter. Parties can find conference call details on 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 released its earnings results on Monday, May 11th. The company reported ($1.52) EPS for the quarter, missing the consensus estimate of ($0.25) by ($1.27). The firm had revenue of $136.41 million during the quarter, compared to the consensus estimate of $145.35 million. Cleanspark had a negative net margin of 67.66% and a positive return on equity of 7.07%. Cleanspark’s quarterly revenue was down 24.9% compared to the same quarter last year. During the same period in the prior year, the business earned ($0.49) earnings per share. 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

Shares of NASDAQ:CLSK opened at $14.17 on Wednesday. The firm has a 50 day moving average of $15.20 and a 200-day moving average of $12.67. Cleanspark has a 12 month low of $8.00 and a 12 month high of $23.61. The company has a current ratio of 8.26, a quick ratio of 8.26 and a debt-to-equity ratio of 1.81. The stock has a market capitalization of $3.64 billion, a PE ratio of -6.75 and a beta of 3.86.

Analyst Ratings Changes

CLSK has been the topic of a number of recent analyst reports. Citizens Jmp assumed coverage on shares of Cleanspark in a research note on Wednesday, June 24th. They issued a “market outperform” rating and a $27.00 price objective on the stock. 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 note on Tuesday, July 28th. Chardan Capital raised their target price on Cleanspark from $19.00 to $21.00 and gave the company a “buy” rating in a report on Tuesday, July 28th. Needham & Company LLC lifted their price target on Cleanspark from $18.00 to $23.00 and gave the company a “buy” rating in a research note on Wednesday, July 15th. Finally, B. Riley Financial boosted their price target on Cleanspark from $19.00 to $26.00 and gave the stock a “buy” rating in a report on Monday. One analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $23.88.

Institutional Investors Weigh In On Cleanspark

Several hedge funds have recently modified their holdings of CLSK. Rafferty Asset Management LLC acquired a new position in shares of Cleanspark in the fourth quarter valued at approximately $133,000. Richmond Investment Services LLC bought a new stake in Cleanspark during the 4th quarter worth approximately $133,000. United Services Automobile Association acquired a new position in Cleanspark in the 1st quarter valued at approximately $125,000. Parallel Advisors LLC increased its position in Cleanspark by 212.3% in the 4th quarter. Parallel Advisors LLC now owns 12,178 shares of the company’s stock valued at $123,000 after acquiring an additional 8,278 shares during the period. Finally, Commonwealth Equity Services LLC bought a new position in shares of Cleanspark during the fourth quarter valued at $116,000. Institutional investors and hedge funds own 43.12% of the company’s stock.

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.