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CLSK

CleansparkB
Nasdaq / Software & Services
Last Price
At close
2026-06-02
View Chart
Current thesis
The bullish read is that the Q2 miss was driven heavily by bitcoin-price marks rather than a collapse in operating capacity: management said revenue pressure was tied to a lower average bitcoin price, gross margin stayed above 40%, liquidity remained strong, and the company continued to market a 1.8 GW contracted power portfolio with active tenant discussions. A checked post-print note also indicated KBW maintained an Outperform rating and $14 target on May 12, 2026, which suggests at least some specialist coverage still views the earnings damage as manageable rather than thesis-breaking.
Posture
Constructive
Lead driver
Momentum
What changed
3 setup hits (3d) with net bullish as of 2026-06-02.
What can break
AI/HPC commercialization still lacks a disclosed signed tenant, lease structure, or monetization start date, so the highest-upside part of the story remains execution-dependent rather than proven.
Momentum
97
Value
50
Sentiment
19
Setup hits (3d)
3 · Net Bullish
AI TargetsBase $12.00 · Bull $17.50 · Bear $8.50
Data freshness
Prices
As of 2026-06-02
Fundamentals
As of 2026-06-01 • Vendor: Data Vendor v1
Scores
As of 2026-06-02 • Model: HYBRID_IC_RP
AI Memo
As of 2026-05-14 • Model: RankAlpha Sentiment Codex
Investment thesis
As of 2026-06-02
Supporting evidence
What
Grade B · Constructive
Confidence Medium · Net Bullish
Target $19.39
Why
Momentum97 · Δ7d +2.2
Value50 · Δ7d -1.1
Sentiment19 · Δ7d -9.7
So what
Strength-led posture (Net Bullish). Favor watchlist adds and disciplined entries.
Lead driver: Momentum · See technicals
Momentum
97
34% active weight
Current posture
7d trendFlat
Δ7d
+2.2
Δ21d
-0.2
Value
50
32% active weight
Current posture
7d trendSoftening
Δ7d
-1.1
Δ21d
-2.0
Sentiment
19
33% active weight
Current posture
7d trendSoftening
Δ7d
-9.7
Δ21d
-17.3
Why this grade

Composite grade B. Momentum 96.6 / Value 49.5 / Sentiment 19.4

Fundamentals (TTM)
As of 2026-06-01
Market Cap
$4.83B
Beta
3.47
Shares Out
255.58M
P/E (TTM)
11.1
P/S (TTM)
4.10
P/FCF (TTM) · Derived
-8.92
Rev YoY
+150.5%
EPS YoY
+98.1%
Gross Margin
+55.2%
Op Margin
+41.6%
Net Debt
-$188.64M
Current Ratio
4.18
As of 2026-06-02 • Updated nightlySource: Internal modelMethodology