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Is Most-Watched Stock Cleanspark, Inc. (CLSK) Worth Betting on Now?
CLSKCleanSpark(CLSK) ZACKS·2025-03-20 14:05

Core Viewpoint - CleanSpark (CLSK) has experienced a significant decline in stock performance, returning -19% over the past month, compared to the Zacks S&P 500 composite's -7.5% and the Zacks Financial - Miscellaneous Services industry's -11.9% [1] Earnings Estimate Revisions - CleanSpark is expected to post earnings of 0.02pershareforthecurrentquarter,reflectingayearoveryeardeclineof84.60.02 per share for the current quarter, reflecting a year-over-year decline of -84.6%, with the Zacks Consensus Estimate changing -88% over the last 30 days [4] - The consensus earnings estimate for the current fiscal year is 0.85, indicating a year-over-year increase of +426.9%, with a change of +46.6% over the last 30 days [4] - For the next fiscal year, the consensus earnings estimate is 0.44,representingadeclineof48.20.44, representing a decline of -48.2% from the previous year, with a change of -50% over the past month [5] Revenue Growth Forecast - The consensus sales estimate for the current quarter is 191.98 million, indicating a year-over-year increase of +71.7% [8] - For the current fiscal year, the sales estimate is 810.72million,reflectinga+113.9810.72 million, reflecting a +113.9% change, while the next fiscal year's estimate is 1.04 billion, indicating a +27.7% change [8] Last Reported Results and Surprise History - CleanSpark reported revenues of 162.31millioninthelastquarter,representingayearoveryearincreaseof+120162.31 million in the last quarter, representing a year-over-year increase of +120% [9] - The EPS for the same period was -0.07, compared to -$0.02 a year ago, with a revenue surprise of +6.28% and an EPS surprise of +12.5% [10] - Over the last four quarters, CleanSpark surpassed consensus EPS estimates twice and topped consensus revenue estimates twice [10] Valuation - CleanSpark is graded D in terms of valuation, indicating it is trading at a premium to its peers [14]