CleanSpark, Inc. (CLSK)
NASDAQInformation TechnologyFinancial - Capital MarketsSnapshot 2026-10-29
$7.67-6.46%
Close 2026-10-30 · 1-day change
NASDAQInformation TechnologyFinancial - Capital MarketsSnapshot 2026-10-29
Research Workspace
Put CLSK beside peers and holdings, graph the same metric, and keep your notes with the evidence.
Daily closes. Earnings/event dots are placed inline.
Industries move in repeating boom-and-bust cycles. This shows where this stock’s industry sits in that cycle, stage by stage (recovery → expansion → supercycle → steady → deceleration → contraction), from its fundamentals (orders, revenue, capital spending), not the stock’s price.
A booming industry is a tailwind for the names in it; a contracting one is a headwind. Companies in the same industry tend to rise and fall together with the cycle, the way a tide lifts and lowers every boat in the harbor at once, so a large part of a stock’s swing can come from where its industry sits rather than from the company itself. It’s context for reading the company’s results, not a buy/sell call. Full explanation →
Information Technology is in steady. Describes the industry's cycle state, not a call on this stock.
The stage band shows the industry’s cycle over the chart’s timeline (each color a stage); a ▼ marks a quarter its growth inflected down — amber is an unconfirmed watch, red is confirmed the next quarter. Use “Overlay cycle on chart” to tint the price chart by stage. The industry’s fundamentals, not a signal on this stock.
Primary pillar under pressure — EPS loss narrowing toward -$0.72 next fiscal year: Comparison needs review.
View ThesisRevenue growth is accelerating — up about 125% over the past year.
View GrowthRanks in the weakest quality tier of its industry — roughly the bottom 40%, softest on free-cash-flow yield.
View QualityManagement screens weak on capital allocation, earnings delivery, margins, the balance sheet.
View ManagementExpectations look reasonable — what the market is pricing in sits in line with or below what analysts forecast.
View ValuationThis stock is highly volatile — it swings about 5% on a typical day and fell roughly 59% in its worst 12-month stretch.
View RiskCLSK’s long-term lease monetization of digital infrastructure is the central claim, despite shrinking revenue and losses. Revenue fell 30.5% year over year in Q3 FY2026, and EPS missed consensus. Its 4.9× P/S multiple exceeds the 3.5× peer median, though it is below its 7.8× historical multiple. Expectations look modest versus our view, so the lease opportunity is not fully reflected in the desk’s expectations read. The specific risks are another earnings miss and the elevated 62% next-quarter miss probability. The thesis also rests on an EPS comparison marked for review, not a confirmed breach. Peer multiples imply a price about 34% above where it trades; the thesis is on watch. This read is provisional.
Trailing returns as of 2026-10-30. CLSK is total return (includes dividends); the S&P 500 benchmark is price return (the index excludes dividends).
Based on 15 analysts currently covering CLSK (as of Oct 2026).
Analyst ratings and price targets are third-party Wall Street estimates, not QuarterlyIQ’s view. Not investment advice.
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Compare CLSK with peers and holdings, graph the same reported metric, keep your questions beside the evidence, and return when the facts change.
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| Compare | Company | Living FV | P/E | Revenue % | Quality |
|---|---|---|---|---|---|
| CLSK Selected company | Graph | Compare | Trend | Review | |
| Peer Add a competitor | Graph | Compare | Trend | Review | |
| Holding Compare a holding | Graph | Compare | Trend | Review |
Selected metric trend
Quarterly · checked companies · value or % of revenue
A consensus fair price across 2 valuation methods, at three horizons. As of 2026-10-30. Estimates are diagnostics, not price targets. Short-horizon estimates are close to coin-flips, so confidence is a method-agreement read, not a prediction.
Today's peer multiple on trailing earnings, with no growth credited. This is the headline read.
Adds projected growth, so it leans optimistic by design. Read it as upside context, not a base case.
A price-focused, side-by-side fair-value read versus Information Technology (broad) — fair value, gap to price, and forward P/E.
Our valuation methods disagree too much on this name right now. Rather than print a number we don't believe, we're holding it back until they converge.
Our valuation methods disagree too much on this name right now. Rather than print a number we don't believe, we're holding it back until they converge.
Compare the value case
Put CLSK next to peers and holdings, compare Living FV and multiples, then graph the driver behind the difference.
Threatens: Maintain financial discipline and capital allocation flexibility
Revenue decline and Bitcoin production update raise operating and capital-discipline concerns, but do not overturn the thesis.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
End-of-day figures as of 2026-10-30. EPS is implied from price ÷ P/E. Not investment advice.
A long-thesis check that carries the widest uncertainty of the three horizons.
Below average on quality vs scored peers
Direction of the business behind the multiple. Bands are backend reads; trailing-12-month basis.
TTM earnings are negative. P/E-based methods drop out and the estimate leans on sales- and cash-flow-based methods. A data condition, not a forward call.
Advances: Maintain financial discipline and capital allocation flexibility
Strengthens financial position and capital allocation flexibility.
Advances: Monetize digital infrastructure via long-term leases
Secured financing supports monetization of digital infrastructure.
Advances: Monetize digital infrastructure via long-term leases
Major lease with Meta supports monetization objective.
Advances: Monetize digital infrastructure via long-term leases
Texas power approval supports long-term lease monetization.
Advances: Monetize digital infrastructure via long-term leases
Conditional ERCOT classifications enhance monetization potential.
Threatens: Maintain financial discipline and capital allocation flexibility
Quarterly loss raises concerns about financial discipline.
Advances: Expand AI and HPC infrastructure
AI pivot aligns with growth objectives and enhances market position.