Cleanspark, Inc. (CLSK) Is a Trending Stock: Facts to Know Before Betting on It

Core Viewpoint - CleanSpark (CLSK) has been trending in stock searches, prompting analysis of factors influencing its future performance [1] Earnings Performance - Over the past month, CleanSpark shares have returned -6.1%, while the Zacks S&P 500 composite increased by +4.3% and the Zacks Financial - Miscellaneous Services industry gained +5.2% [2] - CleanSpark is expected to post earnings of $0.13 per share for the current quarter, unchanged from the previous year, with a consensus estimate change of +177.8$0.58, reflecting a year-over-year change of +323.1%, with a recent change of +222.2% [5] - For the next fiscal year, the consensus earnings estimate is $0.88, indicating a +51.7$229.66 million, representing a year-over-year change of +105.4% [9] - For the current fiscal year, the sales estimate is $899.96 million, indicating a +137.5$1.16 billion, reflecting a +28.7% change [9] Recent Results - CleanSpark reported revenues of $162.31 million in the last quarter, a +120$0.07 compared to -$0.02 a year ago [10] - The reported revenues exceeded the Zacks Consensus Estimate of$152.71 million by +6.28%, and the EPS surprise was +12.5% [11] - Over the last four quarters, CleanSpark surpassed consensus EPS estimates twice and topped revenue estimates twice [11] Valuation Metrics - CleanSpark is graded F on the Zacks Value Style Score, indicating it is trading at a premium to its peers [15] - Valuation multiples such as price-to-earnings (P/E), price-to-sales (P/S), and price-to-cash flow (P/CF) are essential for assessing whether the stock is fairly valued [13][14] Market Position - The Zacks Rank for CleanSpark is 3 (Hold), suggesting it may perform in line with the broader market in the near term [7][16]