Recent Research Analysts’ Ratings Changes for Cleanspark (CLSK)

Several brokerages have updated their recommendations and price targets on shares of Cleanspark (NASDAQ: CLSK) in the last few weeks:

• 11/4/2026 – Cleanspark had its “sell (d)” rating reaffirmed by Weiss Ratings.
• 11/4/2026 – Cleanspark had its price target lowered by Sanford C. Bernstein from $24.00 to $11.00. They now have an “outperform” rating on the stock.
• 11/4/2026 – Cleanspark was downgraded by Keefe, Bruyette & Woods from “outperform” to “market perform”. They now have a $9.50 price target on the stock.
• 10/30/2026 – Cleanspark had its price target lowered by B. Riley Financial from $26.00 to $21.00. They now have a “buy” rating on the stock.
• 10/22/2026 – Cleanspark was downgraded by Zacks Research from “hold” to “strong sell”.
• 10/22/2026 – Cleanspark is now covered by Canaccord Genuity Group. They set a “buy” rating and a $20.00 price target on the stock.
• 10/16/2026 – Cleanspark had its price target lowered by Cantor Fitzgerald from $26.00 to $19.00. They now have an “overweight” rating on the stock.

Cleanspark Stock Performance

Shares of NASDAQ:CLSK traded up $0.32 during trading on Wednesday, hitting $6.88. 11,798,735 shares of the stock were exchanged, compared to its average volume of 22,066,820. The company has a market capitalization of $1.77 billion, a price-to-earnings ratio of -1.83 and a beta of 3.66. The company has a debt-to-equity ratio of 2.34, a quick ratio of 5.91 and a current ratio of 5.91. Cleanspark, Inc. has a 1-year low of $5.53 and a 1-year high of $19.17. The company’s fifty day simple moving average is $10.78 and its 200-day simple moving average is $12.13.

Insider Buying and Selling

In related news, COO Taylor Monnig sold 25,249 shares of the firm’s stock in a transaction on Tuesday, September 8th. The stock was sold at an average price of $13.34, for a total value of $336,821.66. Following the completion of the transaction, the chief operating officer directly owned 236,114 shares of the company’s stock, valued at $3,149,760.76. This trade represents a 9.66% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Insiders sold 33,151 shares of company stock valued at $435,473 over the last three months. 2.08% of the stock is owned by company insiders.

CleanSpark, Inc. is a U.S.-based bitcoin mining and data center company. It operates facilities equipped with specialized computers that help process transactions on the Bitcoin network and earn bitcoin through mining. The company’s roots are in energy technology, including microgrid and energy-management solutions. It shifted its primary focus to bitcoin mining in 2020 and has since expanded its mining operations in the United States, with facilities in states including Georgia and Mississippi.