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CleanSpark (CLSK) Declines More Than Market: Some Information for Investors
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CleanSpark (CLSK - Free Report) closed the most recent trading day at $10.44, moving -8.22% from the previous trading session. The stock's performance was behind the S&P 500's daily loss of 1.6%. At the same time, the Dow lost 1.23%, and the tech-heavy Nasdaq lost 2.24%.
The stock of company has fallen by 7.18% in the past month, lagging the Finance sector's gain of 0.8% and the S&P 500's gain of 2.25%.
The upcoming earnings release of CleanSpark will be of great interest to investors. The company's earnings report is expected on August 7, 2025. The company is predicted to post an EPS of $0, indicating a 100% decline compared to the equivalent quarter last year. Meanwhile, our latest consensus estimate is calling for revenue of $195.09 million, up 87.39% from the prior-year quarter.
For the annual period, the Zacks Consensus Estimates anticipate earnings of $0.82 per share and a revenue of $769.59 million, signifying shifts of +415.38% and +103.08%, respectively, from the last year.
Investors might also notice recent changes to analyst estimates for CleanSpark. These revisions typically reflect the latest short-term business trends, which can change frequently. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.
Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.
The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 106.25% higher. At present, CleanSpark boasts a Zacks Rank of #2 (Buy).
Investors should also note CleanSpark's current valuation metrics, including its Forward P/E ratio of 13.93. This indicates a premium in contrast to its industry's Forward P/E of 12.03.
The Financial - Miscellaneous Services industry is part of the Finance sector. Currently, this industry holds a Zacks Industry Rank of 70, positioning it in the top 29% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
You can find more information on all of these metrics, and much more, on Zacks.com.
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CleanSpark (CLSK) Declines More Than Market: Some Information for Investors
CleanSpark (CLSK - Free Report) closed the most recent trading day at $10.44, moving -8.22% from the previous trading session. The stock's performance was behind the S&P 500's daily loss of 1.6%. At the same time, the Dow lost 1.23%, and the tech-heavy Nasdaq lost 2.24%.
The stock of company has fallen by 7.18% in the past month, lagging the Finance sector's gain of 0.8% and the S&P 500's gain of 2.25%.
The upcoming earnings release of CleanSpark will be of great interest to investors. The company's earnings report is expected on August 7, 2025. The company is predicted to post an EPS of $0, indicating a 100% decline compared to the equivalent quarter last year. Meanwhile, our latest consensus estimate is calling for revenue of $195.09 million, up 87.39% from the prior-year quarter.
For the annual period, the Zacks Consensus Estimates anticipate earnings of $0.82 per share and a revenue of $769.59 million, signifying shifts of +415.38% and +103.08%, respectively, from the last year.
Investors might also notice recent changes to analyst estimates for CleanSpark. These revisions typically reflect the latest short-term business trends, which can change frequently. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.
Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.
The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 106.25% higher. At present, CleanSpark boasts a Zacks Rank of #2 (Buy).
Investors should also note CleanSpark's current valuation metrics, including its Forward P/E ratio of 13.93. This indicates a premium in contrast to its industry's Forward P/E of 12.03.
The Financial - Miscellaneous Services industry is part of the Finance sector. Currently, this industry holds a Zacks Industry Rank of 70, positioning it in the top 29% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
You can find more information on all of these metrics, and much more, on Zacks.com.