CLSK
CleansparkFNasdaq / Software & Services
Last Price
At close
2026-07-20
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
Defensive
Lead driver
Value
What changed
Value remains the lead driver in the composite, 7D delta -0.9.
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
17
Value
49
Sentiment
32
Setup hits (3d)
0 · Net Neutral
AI TargetsBase $12.00 · Bull $17.50 · Bear $8.50
Data freshness
Prices
As of 2026-07-20
Fundamentals
As of 2026-07-20 • Vendor: Data Vendor v1
Scores
As of 2026-07-20 • Model: HYBRID_IC_RP
AI Memo
As of 2026-05-14 • Model: RankAlpha Sentiment Codex
Investment thesisAs of 2026-07-20
Investment thesis
As of 2026-07-20
Supporting evidence
What
Grade F · Defensive
Confidence Medium · Net Neutral
Target $21.18
Why
Momentum17 · Δ7d -6.2
Value49 · Δ7d -0.9
Sentiment32 · Δ7d -4.7
So what
Weak posture (Net Neutral). Prioritize risk control and patience.
Lead driver: Value · See fundamentals
Momentum
17
26% active weight
Current posture
7d trendFlat
Δ7d
-6.2
Δ21d
-75.8
Value
49
39% active weight
Current posture
7d trendFlat
Δ7d
-0.9
Δ21d
+0.4
Sentiment
32
34% active weight
Current posture
7d trendSoftening
Δ7d
-4.7
Δ21d
+17.1
Why this grade
Composite grade F. Momentum 17.5 / Value 49.1 / Sentiment 31.9
Fundamentals (TTM)As of 2026-07-20
Fundamentals (TTM)
As of 2026-07-20
Market Cap
$3.7B
Beta
3.47
Shares Out
256.61M
P/E (TTM)
11.1
P/S (TTM)
4.10
P/FCF (TTM) · Derived
-5.98
Rev YoY
-24.9%
EPS YoY
+208.5%
Gross Margin
-22.6%
Op Margin
+41.6%
Net Debt
-$192.13M
Current Ratio
8.26
As of 2026-07-20 • Updated nightlySource: Internal modelMethodology