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CLSK

💻 Technology

CleanSpark, Inc.

Conservative #1351Aggressive #63High RiskMixed 58ML↑ 21pt
$10.45+0.97%
Day High$11.06
Day Low$10.41
Volume21.4M
Mkt Cap$2.7B
52W Low $652W High $24
Market Cap
$2.5B
P/E Ratio
N/A
Rev Growth
102.2%
Sector avg: 14.8%
Earnings Growth
350.0%
Profit Margin
-33.2%
Sector avg: -110.0%
Debt/Equity
1.29

Why This Score

CLSK scores 15.5 on the Conservative profile, blending a fundamental score (80% weight, emphasizing quality and stability (84% of fundamental weight)) with a machine-learning signal (20% weight) trained on 82 features across 30 years of data.

Strengths
  • Positive but moderate momentum (23%) — steady appreciation without overheating.
Risk Factors
  • Signal divergence: Fundamental and ML signals disagree by a significant margin, reducing confidence.
  • Above-average volatility (23.8%) may not suit conservative risk tolerance.
  • Elevated leverage (D/E 1.29) increases financial risk in a rising-rate environment.

Net penalties of -20.0 points significantly impact the ranking. Without these adjustments, CLSK would rank considerably higher.

Score Breakdown

Overall Score15.5
Fundamental Score22.8
ML Score71.0

Score by Horizon

3 Month
42.6
6 Month
47.6
Primary
1 Year
50.1

Quality Assessment

B
Earnings Grade
Solid fundamentals with minor quality concerns
Speculative Classification
Crypto/BTC mining company — earnings are macro-trade dependent, not fundamental. Better suited as a tactical position sized around BTC conviction.
Conservative score reduced by 15 points.

Position Sizing

Suggested Allocation
3.4%
Confidence
high

Score Composition Waterfall

How each component affects the final score
Backtested Scoring Levers (IC-calibrated from 30y ElasticNet)
Weinstein (12.1%)
0
Declining
Sentiment (2.5%)
80
Positive
Analyst (6.4%)
75
Favorable
Tradability (post-hoc)
94
Grade A
Base
17.5
SHAP
+2.5
Factors
+0.5
Divergence
-5.0
Final
15.5
Positive adjustment
Negative adjustment
Base blend
Final score

Signal SegmentsComputed from ML features

Fundamental (Valuation, Quality, Growth)60.0
Technical (Momentum, Weinstein, Volatility)58.0
External (Sentiment, Analyst, Macro)89.0
Scores below 50 indicate weakness in that segment relative to the universe.

Data Quality

Score
Features
Confidence
Feature Coverage89%

Growth Estimates

Short-term
-3.0% to +1.1%
Medium-term
-4.2% to +1.9%
Long-term
-5.5% to +2.8%

ML Model Core Features100 trained inputs → ML Score: 71

These features are direct inputs to the machine learning model. The model was trained on these signals alongside 100 features (including 12 momentum/technical indicators) to produce the ML percentile score.

Analyst Intelligence
Consensus Score75.0/100
Target Upside+130.6%
Coverage10 analysts
Market Sentiment
Sentiment Score80.0/100
News Volume1 articles
Technical Stage
Weinstein Stage4 — Declining
12M Momentum+0.2%
6M Momentum+0.0%
Volatility+0.2%
Momentum & Technical
Momentum Acceleration+19.3%
Momentum ConsistencyWeak (0.17)
Relative Strength vs Sector+19.7%
Trend Strength (ADX Proxy)Weak (1.0)
Momentum Quality+0.129
Momentum BreadthBroad ✓
Macro Regime
Bull RegimeYes
High Vol RegimeNo
S&P 500 Return+25.0%
Yield Curve-0.1bp

Sector-Relative AnalysisIn-model features

Value Trap Signal
0%
Low risk
Sector RevGr Rank
P99
Revenue growth vs Technology peers
Sector PE Rank
P78
Valuation vs Technology peers
Sector FCF Rank
P1
Free cash flow vs Technology peers
Growth Deviation
+1.9σ
Z-score vs sector median
Stagnation Flag
NO
Not flagged

Analysis Signals

Scoring Factors
Fundamental score of 30 relative to sector peers30/100
Machine learning model ranks this stock at the 52th percentileP52
ML model weight reduced to 9% due to macro conditions: market in extended rally phase; yield curve inverted (recession indicator); late-cycle economic indicators detected9% ML weight
SHAP feature alignment: +2.5pt (features align with model priorities)—
Blend: 91% fund (30.5) + 9% ML (50.2) + SHAP(+2.5) = 34.8—
Factor quality: +0.5pt (multi-factor composite)—
Market cap adjustment: -4.0 points ($2.5B market cap)-4.0 pts
Divergence penalty: -1.6pt (ML 21pt higher)—
Risk Factors
Risk assessment: high. Annualized volatility 23.8%. Max drawdown 45% (-12.0 pts)High
Earnings quality grade B: adequate earnings quality with minor concerns. Score adjusted by -16 pointsGrade B
Quality concern: High accrual ratio (-92.6%) — earnings quality concern; CLSK has ~85% correlation with Bitcoin. Revenue and earnings are primarily driven by Bitcoin price, not operational improvement. Score reflects Bitcoin momentum, not company-specific alpha.Flag

Sector Peer Comparison(Technology — Rank #281 of 289 stocks)

StockScoreP/ERev GrowthMarginMkt Cap
CLSK15.5N/A102.2%-33.2%$2.5B
MPWR84.891.721.2%81.0%$57.1B
ZM84.218.03.1%21.7%$27.7B
NVDA80.645.2114.2%55.8%$4.5T
CRUS79.719.16.0%17.5%$7.4B
ASML77.848.115.6%29.4%$546.0B
IDCC77.431.8-4.0%48.8%$9.7B
CSCO77.127.65.3%18.0%$303.6B
RMBS75.548.320.7%32.3%$11.0B
DBX75.313.91.9%17.7%$6.4B
FSLR75.017.326.7%30.7%$24.2B
SIMO74.79.210.2%13.8%$4.5B
ADI74.374.116.9%20.6%$165.1B
AAPL72.533.16.4%27.0%$3.9T
OLED72.527.012.4%34.3%$5.9B
AMAT72.336.44.4%24.7%$281.7B
Sector Average47.487.814.8%-110.0%—

Market Sentimentvia FMP

Analyst Consensus
Buy10 analysts
Buy: 10
Price Target
$22consensus
Low $17Median $22High $30
+113.2% to consensus target

Company Overviewvia FMP

CleanSpark, Inc. provides bitcoin mining and energy technology solutions worldwide. It operates in two segments, Digital Currency Mining and Energy. The Digital Currency Mining segment engages in mining of bitcoin. The energy segment provides engineering, design and software, custom hardware, open automated demand response, solar, and energy storage solutions for microgrids and distributed energy systems to military, commercial, and residential customers; and develops platforms that enables designing, building, operating, and managing of energy assets. This segment also offers microgrid energy modeling, energy market communications, and energy management solutions comprising mPulse and mVoult, which are control platforms that enables integration and optimization of multiple energy sources; Canvas, a middleware for grid operators and aggregators to administrate load shifting programs; Plaid, a middleware for controls and Internet-of-Things products companies to participate in load shifting programs; and mVSO, an energy modeling software for internal microgrid design, as well as owns gasification energy technologies for various applications, such as feedstock for the generation of di-methyl ether. In addition, it provides design, software development, and other technology-based consulting services; data center services, including rack space, power, and equipment; and various cloud services, such as virtual, virtual storage, and data backup services. The company was formerly known as Stratean Inc. and changed its name to CleanSpark, Inc. in November 2016. CleanSpark, Inc. was incorporated in 1987 and is headquartered in Henderson, Nevada.

CEO
S. Matthew Schultz
Employees
256
Beta
3.50
Industry
Software - Application
FMP-Identified Peers

Technical Picturecomputed from daily prices

RSI (14)
51.6
Neutral
Trend
Bearish
10-day vs 50-day MA
From 52W High
-55.7%
High: $23.61
From 52W Low
+62%
Low: $6.45
Moving Averages
10-Day
$9.70
Above
20-Day
$10.30
Above
50-Day
$11.40
Below
200-Day
$12.20
Below
60-Day Support
$8.26
60-Day Resistance
$15.54
Weinstein Stage Analysisbased on 200-day SMA framework
Stage 4 — DecliningScore: 28/100

Stock is in a downtrend below the 200-day moving average. Price is below both the 50-day and 200-day SMAs, indicating sustained selling pressure.

Unfavorable technical position; wait for Stage 1 basing
Price vs 200 SMA
-14.3%
200 SMA Slope (60d)
+9.92%
Rising
Volume Ratio
0.83x
10d avg vs 50d avg
Days in Stage
18
Confidence: 40%

Financial Statementslast 4 quarters via FMP

MetricQ1 2025Q4 2025Q3 2025Q2 2025
Revenue$181M$224M$199M$182M
Gross Profit$62M$75M$92M$96M
Operating Income$-317M$834,000$246M$-138M
Net Income$-379M$-925,000$257M$-139M
EPS (Diluted)$-1.33$-0.00$0.77$-0.49
Gross Margin34.1%33.3%46.4%53.0%
Operating Margin-174.7%0.4%123.9%-76.0%
Net Margin-209.0%-0.4%129.6%-76.4%

Why This Stock

TechnologyRevenue growth 102.2%

Tradability FilterGrade A — 94/100Score impact: -37.1pt

Volume
100
31.3M avg/day
Dollar Vol
100
$307M/day
Float
100
247M shares
Mkt Cap
61
$2.5B
Range
100
266% spread
Composite Liquidity Score94/100
FDCBA

Multi-Year Range Analysis

Sideways: 0/100
YearLowHighRangeStatus
2021$9.52$31.75107.7%Wide
2022$1.74$13.91155.5%Wide
2023$1.96$13.56149.5%Wide
2024$6.41$24.72117.6%Wide
2025$6.45$23.61114.2%Wide
3-Year Range
170.6%
Narrow Years
0 / 5
Sideways Penalty
None
Free Float
96.6%
Outstanding Shares
256M
Bid-Ask Spread
266.0%
Institutional Tradable
Yes

Scores are generated by a multi-stage ML pipeline combining fundamental analysis, ensemble predictions, and structural risk signals. All data is for research purposes only and does not constitute financial advice. Past performance does not guarantee future results.