Bullish case
$20.00 to $26.00
More likely if CleanSpark converts the Texas exclusivity into signed leases, keeps the Sandersville build-out on schedule with financing in place, AI/HPC sentiment improves, and bitcoin recovers toward $70,000.
CleanSpark Inc. research snapshot
CLSK AI Stock Analysis
CLSK AI stock analysis currently reads CleanSpark Inc. as a bitcoin miner pivoting into AI and high-performance computing (HPC) hosting, with the pivot now anchored by a signed 20-year infrastructure lease. The page uses a scenario framework, not a certain price prediction. At the August 3, 2026 cutoff, the quoted price was $14.49, market capitalization was about $3.72 billion, and the main decision point was whether the AI lease pipeline and bitcoin holdings can offset persistent operating losses and a capital-heavy build-out that starts delivering revenue only in Q4 2027. This is informational research and not investment advice.
Current price
$14.49
Market cap
~$3.72 billion
AI score
45 / 100
Rating
Bitcoin mining plus AI pivot, now backed by a signed infrastructure lease
Trend status
Rebounding in a wide range below the 52-week high
Data cutoff (updated monthly)
August 4, 2026
Informational use only. This page is not investment advice.
Research quality check
- information Richness
- B-level information richness. CleanSpark has public filings, analyst coverage, and a dense news flow, but economics still depend on volatile bitcoin prices, network difficulty, and execution on an AI build-out that only begins generating contracted revenue in Q4 2027.
- bias Check
- The main AI bias risk is treating broker sum-of-the-parts valuations and the new lease announcement as near-term earnings. The analysis separates quote-verified facts and announced contracts from forward-looking judgments.
- ai Confidence
- Medium data confidence
- investment Certainty
- Low. Position decisions require first-party filings, live chart data, and personal risk limits. The page provides a research framework, not a personalized buy or sell instruction.
Quick verdict table
| Dimension | Conclusion | Confidence |
|---|---|---|
| Business quality | CleanSpark monetizes low-cost power and land through bitcoin mining and is adding AI and HPC data center hosting, but the mining business remains unprofitable with negative levered free cash flow. | Medium-low |
| Moat | The 20-year lease with an unnamed high-investment-grade tenant validates the power portfolio, but moat durability still depends on power costs, mining fleet efficiency, and the AI contracts that would convert the Texas exclusivity into signed leases. | Medium |
| Management | CEO Matt Schultz and President and CFO Gary Vecchiarelli should be judged on capital allocation, financing the AI build-out, and converting the Texas letter of intent into a binding lease. | Medium |
| Financial trend | Revenue is falling year over year on bitcoin price weakness, net income is deeply negative, debt to equity is 181.59%, and levered free cash flow is negative. | Medium |
| Valuation | At $14.49 the stock trades at 5.58x trailing sales for a money-losing miner, while sell-side sum-of-the-parts models assign large value to the AI leases. The gap to the $23.73 average analyst target depends on contract conversion and financing. | Medium-low |
| Technical trend | Rebounding in a wide range below the 52-week high of $23.61. Use live moving averages, support, resistance, momentum, volume, and invalidation levels before acting. | Medium |
| Risk level | The thesis can fail if bitcoin falls further, the AI build-out requires heavy dilution or misses schedule, the Texas leases do not get signed, or project costs exceed the roughly $1.8 billion estimate. | Medium-high |
| AI confidence | Medium data confidence for quote math and announced contract facts. Lower confidence for forward returns. | Medium data confidence |
| Investment certainty | Low certainty because the page gives a research framework, not a personalized buy or sell instruction. | Low |
CLSK AI stock forecast
CLSK AI Stock Forecast Scenarios
The CLSK AI stock forecast uses scenario ranges around the $14.49 quote rather than a point target. The bullish case requires the Texas letter of intent to become signed leases and AI sentiment to improve; the base case assumes mixed execution around a still loss-making mining business; the bearish case assumes bitcoin weakness, dilution for the build-out, or lease conversion failure.
Base case
$12.00 to $16.00
More likely if the mining business stays unprofitable, bitcoin trades sideways near $60,000 to $65,000, and investors wait for the August 6, 2026 earnings report and the next HPC milestone before re-rating the stock.
Bearish case
$8.00 to $11.00
More likely if these risk paths appear: bitcoin price declines further, the AI build-out forces large equity dilution or cost overruns, the Texas lease fails to be signed, or support near $12.00 breaks toward the 52-week low of $8.00.
CLSK AI technical analysis
CLSK AI Technical Analysis
CLSK AI technical analysis starts from the $14.49 quote and the observed volume snapshot of 14.45 million shares on August 3, 2026. Because this static page does not fetch request-time chart data, moving averages and live momentum should be confirmed in a charting tool before use.
| Level | Value | Why it matters |
|---|---|---|
| Current price | $14.49 | Intraday quote as of the August 3, 2026 data cutoff, up 5.31% on the day. |
| Near support | $13.00 to $13.50 | The recent low zone; the August 3 session low was $13.22. Treat as a planning zone, not a guaranteed floor. |
| Near resistance | $15.50 to $16.50 | The late June swing area before the July pullback. A close above this zone would improve short-term momentum. |
| 50-day moving average | Requires live chart confirmation | Use current chart data before acting. The page does not fetch request-time market data. |
| 200-day moving average | Requires live chart confirmation | Long-term trend confirmation should be checked against a live chart or broker data. |
| Momentum | Rebounding but unconfirmed | The stock is recovering from the post-lease pullback. Confirmation depends on the August 6, 2026 earnings report and continued volume support. |
| Volume | Below-average volume snapshot | The August 3 session showed 14.45M shares versus the 23.14M average, which can reduce signal reliability. |
| Volatility | High monitoring priority | Beta of 3.89 implies the stock moves close to 4x the market. Use position sizing that can tolerate wide daily swings. |
| Invalidation | Close below $12.00 | A decisive close below $12.00 would weaken the short-term setup and could open the path toward $10 to $11 and eventually the 52-week low of $8.00. |
CLSK AI trading strategy
CLSK AI Trading Strategy Framework
The CLSK AI trading strategy is a rules-based research framework. It is not personalized advice and should be paired with position sizing, stop levels, and fresh filings, lease announcements, or news checks.
Trend-following setup
Wait for CLSK to hold above near support and push through the $15.50 to $16.50 resistance zone with volume that confirms buyer demand, ideally alongside a signed Texas lease or a bitcoin price recovery.
A close below the support zone or a failed breakout should invalidate the setup. Given a beta of 3.89, position size should be reduced accordingly.
Mean-reversion setup
If CLSK falls into the support band without a thesis break, compare price action with the August 6, 2026 earnings report, bitcoin production data, and HPC contract announcements.
Do not average down without a predefined maximum loss and a fresh review of financing dilution risk and the AI lease conversion status.
Fundamental monitor
Track the evidence that matters most for CleanSpark: bitcoin production and holdings, Texas lease conversion, operating cash flow trajectory, the financing plan for the AI build-out, and competitive positioning versus MARA, RIOT, WULF, CIFR, and HUT.
Reduce confidence when price moves are driven by short-term bitcoin volatility or headline momentum without matching financial or contract evidence.
Investment research summary
Four-master Research Compression
Business essence
CleanSpark monetizes low-cost power and land by mining bitcoin and is adding AI and HPC data center hosting under a signed 20-year lease that starts delivering capacity in Q4 2027.
Moat
The moat rests on low-cost power contracts, an efficient mining fleet, and a newly signed long-term lease that converts power assets into contracted cash flow. Durability depends on converting the Texas exclusivity into signed leases.
Munger risk inversion
The thesis can fail if bitcoin keeps falling, the AI build-out requires large equity dilution or misses its schedule, the tenant fails to perform, or project costs far exceed the roughly $1.8 billion estimate.
Management
Management is executing a capital-intensive pivot. Track capital allocation, financing decisions, the August 6, 2026 earnings report, and whether the Texas letter of intent becomes a binding lease.
Industry trend
Bitcoin mining faces secular pressure from halving events and rising network difficulty, while AI and HPC demand gives power-owning miners a second revenue pathway. The trend is real but crowded and capital hungry.
Valuation and margin of safety
At $14.49 and a ~$3.72 billion market cap, CLSK trades at 5.58x trailing sales for a loss-making business. Sell-side sum-of-the-parts targets near $26 assume the Texas leases get signed, so the margin of safety is limited until then.
Source-backed data
CLSK Data Table
Every metric below includes a source and last verification date.
| Metric | Value | Source | Last verified |
|---|---|---|---|
| CLSK price | $14.49, up 5.31% on the day | Yahoo Finance real-time quote | August 3, 2026 |
| Market capitalization | ~$3.72 billion (intraday) | Yahoo Finance market cap data | August 3, 2026 |
| Previous close | $13.76 (July 31, 2026 session) | Yahoo Finance quote data | August 3, 2026 |
| 52-week range | $8.00 to $23.61 | Yahoo Finance quote data | August 3, 2026 |
| Revenue (TTM) | $739.88M | Yahoo Finance financials | August 3, 2026 |
| Net income (TTM) | -$536.59M | Yahoo Finance financials | August 3, 2026 |
| EPS (TTM) | -$2.08 | Yahoo Finance statistics | August 3, 2026 |
| Cash (mrq) | $260.29M | Yahoo Finance balance sheet data | August 3, 2026 |
| Debt/Equity (mrq) | 181.59% | Yahoo Finance statistics | August 3, 2026 |
| Levered free cash flow (TTM) | -$300.7M | Yahoo Finance cash flow data | August 3, 2026 |
| Latest reported quarter | FQ2 FY26 (ended March 31, 2026): revenue $136.41M, down 24.9% year over year; EPS -$0.52 | Zacks consensus data via Yahoo Finance | August 3, 2026 |
| Bitcoin holdings | 13,924 BTC (used at $65,000 per bitcoin by B. Riley) | B. Riley research note reported via Yahoo Finance | August 3, 2026 |
| 20-year infrastructure lease | $6.6B contracted revenue over the initial term, up to $11.6B with extensions; 175 MW at Sandersville, Georgia, with initial delivery in Q4 2027 | CleanSpark press release, July 14, 2026 | August 3, 2026 |
| Analyst 1-year target | $23.73 average on Yahoo Finance; B. Riley raised its target to $26 from $19 with a Buy rating on August 3, 2026 | Yahoo Finance analyst estimates and B. Riley research note | August 3, 2026 |
| Next earnings date | August 6, 2026 | Yahoo Finance earnings calendar | August 3, 2026 |
| Beta (5Y monthly) | 3.89 | Yahoo Finance statistics | August 3, 2026 |
| Short interest | Data gap. Prior research cited roughly 33% of float as of July 2026; the figure was not re-verified from exchange data at this cutoff. | Yahoo Finance news and sentiment data, prior cycle | August 3, 2026 |
| Financial statement depth | Public 10-Q and 10-K filings available; cross-check statements before any investment use | SEC EDGAR | August 3, 2026 |
Frequently Asked Questions
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This CLSK AI stock analysis page is an informational tool only. It is not investment advice, a recommendation, or a promise of future returns. Forecast scenarios are based on available data as of August 3, 2026, may be incomplete, and can be wrong if new filings, market prices, company events, or macro conditions change. CleanSpark operates in a volatile industry; bitcoin price movements, mining difficulty adjustments, power cost changes, financing and dilution risk, and execution on the AI build-out all create material uncertainty.
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