CleanSpark Inc ($CLSK) Stock Forecast: Down 11.0% Today

What is CleanSpark Inc?

CleanSpark (CLSK) is a company listed on the NASDAQ exchange that specializes in software and energy solutions. The stock experienced a downturn today in light of various market developments.

Why is CleanSpark Inc going down?

CLSK stock is down 11.0% on Jan 29, 2026 15:53

• The expectation of Q1 2026 earnings falling below projections, with an estimated EPS of ($0.07) and revenue of $200.3 million, likely influenced the bearish sentiment.
• Director share sales and institutional investors adjusting their positions could have indicated a lack of confidence in the company's performance.
• Despite positive sentiment from Wall Street with a high average brokerage recommendation, the Zacks Rank #5 (Strong Sell) due to decreasing earnings forecasts may have dissuaded investors, contributing to the bearish trend.
• The reduction in price target by Keefe, Bruyette & Woods, coupled with recent significant director share sales, may have increased selling pressure on the stock, leading to the downward movement in the market.

CLSK Price Chart

CLSK Technical Analysis

CLSK News

Cleanspark (CLSK) to Release Quarterly Earnings on Thursday

Cleanspark (NASDAQ:CLSK) is scheduled to release its Q1 2026 earnings before market open on Thursday, February 5th. Analysts are anticipating an EPS of ($0.07) and revenue of approximately $200.3 million. Recent insider transactions include sales by two directors, Amanda Cavaleri and Thomas Leigh Wood, reducing their stakes, while institutional investors have shown mixed activity with several hedge funds adjusting their positions.

https://www.marketbeat.com/instant-alerts/cleanspark-clsk-to-release-quarterly-earnings-on-thursday-2026-01-29/

Technical Reactions to CLSK Trends in Macro Strategies

This article provides a technical analysis of Cleanspark Inc. (NASDAQ: CLSK), highlighting strong sentiment across all horizons and an exceptional risk-reward short setup. It details three distinct AI-generated trading strategies—Position Trading, Momentum Breakout, and Risk Hedging—with specific entry, target, and stop-loss levels. The analysis also includes multi-timeframe signal analysis with support and resistance levels.

https://news.stocktradersdaily.com/news_release/22/Technical_Reactions_to_CLSK_Trends_in_Macro_Strategies_012826081802_1769649482.html

Wall Street Bulls Look Optimistic About CleanSpark (CLSK): Should You Buy?

This article analyzes CleanSpark (CLSK) stock, noting its strong average brokerage recommendation (ABR) of 1.40, indicating Wall Street's optimistic outlook. However, it cautions investors against relying solely on ABRs due to inherent biases, instead recommending Zacks Rank as a more reliable predictive tool. Despite the positive ABR, CleanSpark holds a Zacks Rank #5 (Strong Sell) due to declining earnings estimate revisions, suggesting potential headwinds for the stock.

https://finviz.com/news/290175/wall-street-bulls-look-optimistic-about-cleanspark-clsk-should-you-buy

Cleanspark Inc (CLSK) Shares Up 4.26% on Jan 27

Cleanspark Inc (CLSK) shares saw a 4.26% increase in mid-day trading on January 27, reaching an intraday high of $12.97. 13 analysts provided an average price target of $24.08, implying an 85.64% upside, while GuruFocus estimates a fair value (GF Value) of $13.14 with a 1.31% upside. The average brokerage recommendation from 15 firms is 1.9, indicating an "Outperform" status.

https://www.gurufocus.com/news/8556091/cleanspark-inc-clsk-shares-up-426-on-jan-27?mobile=true

Cleanspark (NASDAQ:CLSK) Price Target Cut to $18.00 by Analysts at Keefe, Bruyette & Woods

Keefe, Bruyette & Woods has reduced Cleanspark's (NASDAQ:CLSK) price target to $18.00 from $18.50, while maintaining an "outperform" rating, suggesting a potential upside of 44.69%. The consensus among analysts remains a "Moderate Buy" with an average price target of $22.98. Recent insider transactions show directors selling significant shares, while institutional investors hold approximately 43.12% of the stock.

https://www.marketbeat.com/instant-alerts/cleanspark-nasdaqclsk-price-target-cut-to-1800-by-analysts-at-keefe-bruyette-woods-2026-01-27/

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CleanSpark Inc Price History

29.00.2026 - CLSK Stock was down 11.0%

• The expectation of Q1 2026 earnings falling below projections, with an estimated EPS of ($0.07) and revenue of $200.3 million, likely influenced the bearish sentiment.
• Director share sales and institutional investors adjusting their positions could have indicated a lack of confidence in the company's performance.
• Despite positive sentiment from Wall Street with a high average brokerage recommendation, the Zacks Rank #5 (Strong Sell) due to decreasing earnings forecasts may have dissuaded investors, contributing to the bearish trend.
• The reduction in price target by Keefe, Bruyette & Woods, coupled with recent significant director share sales, may have increased selling pressure on the stock, leading to the downward movement in the market.

07.00.2026 - CLSK Stock was down 5.2%

• The rise in CleanSpark's stock value was linked to Bitcoin's price resurgence, reaching $91,200, indicating a positive connection between the two.
• Despite Bitcoin's upward trend, CleanSpark's stock faced a bearish turn, hinting that factors like profit-taking or market sentiment may have impacted the stock price.
• Investor apprehension about costs and operational challenges related to the company's recent AI infrastructure and capacity expansion may have contributed to the downward movement in the stock value.
• Market participants are closely watching CleanSpark's impending operational updates and earnings outcomes for deeper insights into the company's output, expenses, and overall financial performance, with potential to reverse the bearish trajectory.

06.00.2026 - CLSK Stock was down 5.2%

• CleanSpark's stock experienced a bearish trend despite positive news linked to Bitcoin's rally.
• The stock's decline could be due to investors taking profits following earlier gains.
• Market sentiment might have shifted for various reasons, including broader economic factors and doubts about CleanSpark's growth sustainability.
• Traders seem to be reassessing their positions in CLSK, possibly awaiting the company's upcoming earnings report and mining updates before making decisions.

21.00.2026 - CLSK Stock was up 6.3%

• CleanSpark's strategic acquisition and robust financial performance, highlighted by impressive revenue and high profit margins, have bolstered investor confidence, resulting in a rise in the stock price.
• The company's expansion into Bitcoin production and AI infrastructure, evidenced by a substantial land purchase in Texas, has added to market optimism and contributed to the upward movement.
• Optimistic growth projections from analysts, positive ratings, and the company's emphasis on blending sustainable energy with digital infrastructure needs have further boosted investor trust and propelled the stock price.
• Overall, CleanSpark's comprehensive approach in sustainable energy, Bitcoin mining, and high-performance computing infrastructure positions it as a potential industry leader, garnering investor interest and driving the upward trend in the market.

20.00.2026 - CLSK Stock was up 5.1%

• CleanSpark Inc. demonstrated a 10% year-over-year increase in Bitcoin production, mining 622 Bitcoins in December and finishing the year with 7,746 Bitcoins produced. This strong operational performance likely influenced the bullish movement of the stock.
• The company's expansion into AI compute infrastructure, including a significant land acquisition in Texas for data center development, indicates strategic growth and diversification, enhancing investor confidence.
• Initiation of a Buy rating with a $22 price target by analysts, positive market sentiment, and robust financial standing have collectively contributed to the stock's upward momentum.
• The broader industry trend of mining companies shifting towards AI services and expanding their infrastructure to meet digital demands may have positively impacted investor perception and the bullish market movement of CLSK.

27.00.2026 - CLSK Stock was up 6.3%

• A recent adjustment in the price target by an analyst firm, while maintaining an "outperform" rating, may have prompted investors to seize a buying opportunity, leading to the stock's upward movement.
• Initial concerns stemming from winter storms causing power outages in Tennessee and Nvidia's investment in CoreWeave potentially impacting CleanSpark's competitive stance could have triggered a decline. However, investor confidence appears to have been restored in light of the company's strategic decisions.
• Despite a downgrade to "strong sell" by a research firm, prevailing sentiment from both analysts and investors remains optimistic, likely influenced by CleanSpark's revenue growth and innovative strategies.
• The company's pivot towards AI data centers in Texas is viewed positively as a promising long-term investment narrative, appealing to investors interested in its expansion beyond bitcoin mining activities.

23.00.2026 - CLSK Stock was up 5.2%

• CLSK stock saw positive movement, likely due to its expansion into AI and HPC opportunities in Texas.
• The recent acquisition of 447 acres in Brazoria County for a large-scale data center with increased power capacity could have positively impacted investor sentiment.
• Analysts' optimistic growth forecasts for CleanSpark, recognizing its move towards AI infrastructure and strong financial performance, may have contributed to the market's positive response.
• The company's dual focus on Bitcoin production and AI infrastructure, noted by Maxim's Buy rating and a $22 price target, likely increased investor confidence in CLSK's future prospects.

28.00.2026 - CLSK Stock was up 7.9%

• The stock experienced a 4.26% increase primarily due to positive mid-day trading activities.
• Concerns related to winter storm-induced power outages in Tennessee and Nvidia's investment in CoreWeave have not dampened investor sentiment, as the company's strategic decisions like acquisitions and data center expansions are enhancing the stock's prospects.
• CleanSpark's pivot towards AI data centers in Texas has altered its investment narrative, attracting investors' interest and potentially fueling the recent bullish movement.
• Analysts' positive outlook on CleanSpark's adept management and innovative strategies, despite market fluctuations, is further driving the upward trend in the stock.

14.00.2026 - CLSK Stock was up 9.4%

• CleanSpark's stock rose following the company's announcement of expansions within the US, specifically in Texas, with a focus on HPC and AI activities.
• The decision to expand by establishing large data centers and procuring land for AI infrastructure in Texas was well-received by investors, driving a positive market movement.
• By capitalizing on the increasing US backing for bitcoin infrastructure and AI workloads, CleanSpark positioned itself for strategic growth and expansion beyond its primary crypto operations.
• The company's entry into AI and HPC sectors in Texas, utilizing the state's energy resources, signifies a shift towards diversified and energy-intensive ventures, resonating positively with the market and boosting the stock's upward trend.

13.00.2026 - CLSK Stock was up 5.8%

• The positive momentum in CleanSpark's stock is due to a robust quarterly performance and strategic shifts towards high-performance computing, as well as growth in Bitcoin production.
• Analysts' average brokerage rating of 1.40 (Strong Buy) has also played a role in boosting investor confidence in the stock.
• Despite encountering challenges like production expansion issues and market volatility, CleanSpark's emphasis on evolving into a diversified digital infrastructure provider, encompassing AI and HPC data centers, has solidified its position in the competitive landscape.
• CleanSpark's adept handling of expansion challenges, power grid interactions, and regulatory obstacles in the Bitcoin mining industry, alongside maintaining operational efficiency and financial stability, has contributed to its positive market trajectory.

22.00.2026 - CLSK Stock was up 8.5%

• CleanSpark's strategic shift from Bitcoin mining to AI and high-performance computing infrastructure has garnered positive investor reactions, resulting in a bullish market trend.
• The company's intention to acquire a substantial acreage in Texas for a data center with significant power capacity is generating optimism among analysts and investors.
• Despite sustainability concerns and market fluctuations, CleanSpark's impressive financial performance and growth forecasts are instilling confidence in its future prospects.
• The company's combination of robust Bitcoin production performance and expansion into AI infrastructure is positioning CleanSpark favorably in the market, drawing favorable attention from analysts and market participants.

13.00.2026 - CLSK Stock was up 5.5%

• CleanSpark's strategic shift towards high-performance computing and AI infrastructure has positioned the company favorably in the market, leading to increased investor confidence and a bullish stock movement.
• Analysts' optimistic price targets and recommendations, such as the Outperform rating and "Buy" recommendations, have further bolstered investor sentiment and contributed to the stock's upward trajectory.
• The company's focus on diversification beyond cryptocurrency mining, its operational effectiveness with notable gross margins, and growth in Bitcoin production have all played a role in attracting investors and driving the stock price higher.
• Despite facing challenges such as production expansion issues and market turbulence, CleanSpark's proactive strategic decisions and strong positioning in the AI and renewable energy sectors have outweighed the negative factors, leading to today's bullish market movement.