#CLEANSPARK TARGET PRICE FULL#

In terms of fleet efficiency, CleanSpark is ahead of everyone else in the industry following today’s deal with Bitmain, the analyst concluded. Today’s announcement should give investors more visibility and conviction into CLSK. It’s trading at 46% discount to peers on market cap to deployed hash rate, which we view as unwarranted. Still, Colonnese is convinced that it’s significantly undervalued. Positive dynamics for CleanSpark shares will prevail with possible volatility of 11.770.

#CLEANSPARK TARGET PRICE FULL#

Consensus is for it to lose 37 cents a share this quarter versus 5 cents of EPS a year ago.įor the year, CleanSpark stock is up more than 50% at writing. Forecast target price for 06-14-2023: 4.27. Ticker Symbol CLSK Full Company Profile Financial Performance In 2022, Cleansparks revenue was 131.52 million, an increase of 234.78 compared to the previous years 39.29 million. Looking at the price targets, the low is -53.85 off current price level while to achieve the yearly target high, price needs to move -207.69. CleanSpark stock is significantly undervaluedĬleanSpark is expected to report its Q2 financial results next month. Analysts have given the company’s stock an average 52-week price target of 8.00, forecast between a low of 6.00 and high of 12.00. With this purchase, the analyst added, CleanSpark will be able to improve its hash rate to 16 EH/s in line with the company’s year-end target. The bullish call on Clean Spark stock arrives only hours after it revealed to have bought 45,000 new Antminer S19 XPs from Bitmain for about $145 million.ĬLSK secured machines for a very attractive $23/TH, the lowest we’ve seen for these rigs, and 12% below the going rate for high efficiency ASICs based on Luxor’s Bitcoin ASIC Price Index. On Tuesday, Mike Colonnese reiterated his “buy” rating on the crypto company and said its shares could climb to $12 – about a 300% upside from here. CleanSpark stock could quadruple from here Wainwright analyst named the bitcoin miner his top pick for 2023. CleanSpark Inc (NASDAQ:CLSK) executive chairman Matthew Schultz tells. Shares of CleanSpark Inc (NASDAQ: CLSK) are up nearly 15% this morning after an H.C. CleanSpark raises full-year target as capital investment sees it beating guidance early.

CleanSpark stock is already up more than 50% for the year.

Analyst Mike Colonnese explained why in a research note today.Wainwright reiterates CleanSpark Inc its top pick for 2023. The stock of Cleanspark Inc can try to reach, or even cross these levels in monthly sessions. These are possible Cleanspark Inc share price targets. These share price targets given for Cleanspark Inc CLSK are very strong targets and levels, and are valid for immediate and current trading for the month of June 2023Ĭleanspark Inc CLSK share price target | monthly targets

Top price targets Weekly price targets Monthly price targets Yearly price targets Intraday price targetsĪs on 13 Tue Jun 2023 Current price of Cleanspark Inc CLSK is 3.88 and trend of stock is towards upside and stock can be bought for price targets of 3.98, 4.06, 4.18, 4.6, 4.27 Upside targetĬleanspark Inc CLSK Opened at 3.83 & Closed at 3.88 and moved inside a range of 3.74-4.07Ĭlosing is 3.19% which is 0.12 points from previous closing of 3.76 Cleanspark Inc CLSK share price targets for June month are 3.92 on upside & 3.72 on downside

Cleanspark target price