Cleanspark target price software#

This capacity supports CleanSpark’s target of over 22 EH/s by the end of 2023.ĬleanSpark has also agreed to purchase from Mawson 6,468 of the latest generation mining ASICs for approximately $9.5 million in cash, at a cost of $17 per terahash. to acquire Mawson’s turnkey bitcoin mining facility in Sandersville, Georgia, for up to $33 million. The transaction is expected to add 1.4 exahashes per second (EH/s) to CleanSpark’s hashrate before year-end, 2.4 EH/s in early 2023 and 7.0 EH/s by the end of 2023. This acquisition is expected to enhance CleanSpark Inc’s capabilities and position it for long-term growth.CleanSpark, Inc., America’s Bitcoin Miner, today announced it has entered into definitive agreements with Mawson Infrastructure Group Inc.

Cleanspark target price software#

CleanSpark Inc recently acquired GridFabric, a software company that specializes in microgrid management. The company has been gaining traction in the market due to its innovative microgrid solutions, which are designed to provide reliable and cost-effective energy to businesses and communities. The current consensus among four polled investment analysts is to buy stock in CleanSpark Inc.

According to CNN Money, four analysts have offered 12-month price forecasts for CleanSpark Inc, and the median target price is $7.00. The stock had a trading volume of 2.5 million shares, which is higher than its average volume of 1.5 million shares. On May 15, 2023, the company’s stock (CLSK) closed at $4.46, with a market capitalization of $387.6 million. CleanSpark Inc Gains Attention in Stock Market with Innovative Microgrid Solutions and Recent Acquisition of GridFabricĬleanSpark Inc, a technology company providing microgrid solutions, has been gaining attention in the stock market lately. The net profit margin for CLSK stands at -30.48%. The next reporting date for CLSK is August 8, 2023, with an EPS forecast of -$0.26. CLSK operates in the data processing services industry, and the corporate headquarters are located in Henderson, Nevada. The price-to-sales ratio is 1.03, and the price-to-book ratio is 0.59, suggesting that the stock is trading at a reasonable price and is undervalued. The revenue growth for the last year was positive at 166.04%.

The earnings growth for the last year was -81.16%, and the earnings growth for this year is -183.57%. The market cap of CLSK stands at $481.7M. On May 15, 2023, CLSK stock opened at 4.41 and fluctuated between a low of 4.34 and a high of 4.60, with a volume of 117,542 shares traded. CLSK Stock Analysis: Fluctuations, Market Cap, and Growth Trends Despite this, the average one-year price target for CleanSpark is $7.65, indicating an 85.23% increase from its latest reported closing price of $4.13. In its latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $31.03 million, but also a GAAP net loss of $29.34 million. As a Bitcoin mining company, CleanSpark operates through its wholly-owned subsidiaries, ATL Data Centers LLC (ATL) and CleanBlok. On May 15, 2023, CleanSpark ( CLSK) received a Buy rating from Chardan Capital analyst Brian Dobson, who also raised the price target from $5 to $6.