CLSK

Strong SellSinker

CleanSpark, Inc. · Financial Services · United States · $2.0B cap · $136.4M/day traded

$7.77 -1.4% · close 26 Oct · scored 27 Oct

Sinker: Weak, expensive and falling. Nothing here to keep it afloat.

6
StockRank
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Quality
28
Value
28
Momentum
19

As of 27 Oct 2026, MoatMap's StockRank for CleanSpark, Inc. (CLSK) is 6/100, ranked against 24,000+ stocks in 35 markets (Quality 28, Value 28, Momentum 19, each scored against its sector).

Does StockRank work? Each month we publish how every decile did, whichever way it went. See the record →

P/E (TTM)
—
peers 13.0x
ROE
-68.6%
peers 9.6%
D/E
2.3x
peers 0.3x
Dividend %
—
trailing yield

ABOUT CLEANSPARK, INC.

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CleanSpark, Inc. primarily operates as a Bitcoin mining company, owning and operating data centers powered by diverse energy sources. It emphasizes sustainable energy sourcing and operational efficiency to maintain a competitive cost structure in Bitcoin production, alongside significant scaling capacity. CleanSpark is a pure-play Bitcoin miner, leveraging strategic acquisitions and advanced energy management to expand its hash rate and capitalize on cryptocurrency market dynamics.

FINANCIAL SUMMARY (USD)

Year2022202320242025CAGRTTM2026E2027EFwd CAGR
Revenue131.5M168.4M379.0M766.3M79.9%679.2M595.7M626.5M-9.6%
EPS-0.21-1.33-0.691.25—-3.78-2.19-1.81—
Shares256.6M160.2M270.9M284.3M+10.8%256.8M———
Debt22.2M16.4M67.0M824.4M233.5%1.8B———
Equity404.0M675.7M1.8B2.2B75.3%————
Op CF73.5M-17.2M-233.7M-461.0M—-528.7M———
Inv CF-211.0M-331.9M-920.4M-305.7M—————
Fin CF139.9M357.9M1.2B688.9M—————
Loading 1Y...
PRICE (1Y) · USD-38.4%
7.89.611.513.315.115 Sep6 Oct26 Oct
SMA 50SMA 200

Price checkFinding a floorExperimental

No new 52-week low for 2 weeks, 1% above that low, but not back above a rising 50-day average.

SwingsVery bumpy

Swung more than 93% of stocks we rank over the past year (91% a year).

How this is worked out

StockRank judges the business. The price check reads only the chart: it is the price side of the Momentum score, in words.

The rules: Still falling is a new 52-week low in the last two weeks, at least 25% below the high. Finding a floor is no new low since. Turning up is 20 or more trading days without a new low, at least 10% off it, and back above a rising 50-day average. In an uptrend is above the 200-day average and within 15% of the high.

In 2,112 US drawdowns since 2001, buying while the price was still falling was followed by a further 20% drop 42% of the time. Waiting for a turn like this one cut that to 33%, at about 7% higher prices and with no better returns. Part of that cut is simply not buying: 13% of falls never turned, and waiting kept those out. Among turns that were bought, 38% still fell another 20%, and 33% of turns were followed by a new low within six months. The benefit was largest in crashes such as 2008 and 2020.

What it measures: day-to-day price moves over the past year, as a yearly figure, ranked against every stock we cover. Very calm under 20% a year, Calm 20 to 30%, Average 30 to 40%, Bumpy 40 to 55%, Very bumpy above that.

What we found: across about 13,500 stocks in 34 markets (2002 to 2025), past swings were a good guide to the next year's, and bumpier stocks fell further. How much further changed too much between eras to put a number on it.

Calm is not safe: a calm stock can still slide steadily.

Rules fixed before any data was fetched. Describes the chart, not a recommendation.

Close
$7.77
RSI (14)
9.1
52-Week Range-62.8% from high
Low $7.36High $20.86

SCORE BREAKDOWN

Quality
28
ROIC
-35.4%2.2
ROE
-68.6%1.9
GP/Assets
10.0%71.4
Op. Margin
-165.2%2.0
FCF/Assets
n/mN/A
Piotroski
538.1
Int. Cover
-50.0x2.3
D/E Ratio
2.35x16.0
Current Ratio
5.91x79.7
Value
28
P/E (TTM)
—N/A
EV/EBITDA
n/mN/A
P/FCF
n/mN/A
P/B
2.7x18.9
P/S
3.0x53.1
Div Yield
—N/A
Momentum
19
52W High %
37%5.3
RS 6M
-43%4.5
SMA 50/200
0.95x23.6
EPS Rev 4W
-18.3%0.9
EPS Rev 12W
—N/A
EPS Improve
+52%75.8
Q Growth
—N/A

FUNDAMENTALS

Market Cap
$2.0B
P/E (Forward)
-4.3x
Gross Margin
47.0%

SECTOR PEERS

Closest peers in Financial Services, ranked by industry match, size, and score similarity. Cross-listings of CLSK are excluded.

TickerCompanyMkt CapStockRankSignal
CLSKCleanSpark, Inc.(you)$2.0B6Strong Sell
MARAMARA Holdings, Inc.$2.7B6Strong Sell
SBETSharplink, Inc.$1.7B18Strong Sell
IONDIonic Digital Inc.$2.8B17Strong Sell
RIOTRiot Platforms, Inc.$4.7B8Strong Sell
LCLNLincoln International, Inc.$2.5B24Sell
WULFTeraWulf Inc.$5.6B0Strong Sell
TOPTOP Financial Group Limited$1.9B33Sell
HUT.TOHut 8 Corp.$7.5B5Strong Sell
CDChaince Digital Holdings Inc.$964M21Sell

Peer medians: ROE 9.6% · P/E 13.0x · Gross margin 75.7%

Company Deep Dive

Business segments breakdown, earnings transcript analysis, management credibility scoring, competitive landscape, and scenario modelling.

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CleanSpark, Inc. (CLSK): Stock Score Summary

CleanSpark, Inc. (CLSK) has a MoatMap StockRank of 6/100 based on Quality (28/100), Value (28/100), and Momentum (19/100) factor scores. The current signal is STRONG SELL.

CleanSpark, Inc. primarily operates as a Bitcoin mining company, owning and operating data centers powered by diverse energy sources. It emphasizes sustainable energy sourcing and operational efficiency to maintain a competitive cost structure in Bitcoin production, alongside significant scaling capacity. CleanSpark is a pure-play Bitcoin miner, leveraging strategic acquisitions and advanced energy management to expand its hash rate and capitalize on cryptocurrency market dynamics.

Key Financial Metrics

Price$7.77
Market Cap$2.0B
P/E (Forward)-4.35
Price/Book2.66
Return on Equity-68.6%
Return on Invested Capital-35.4%
Debt/Equity2.35x
Gross Margin47.0%
Operating Margin-165.2%
Revenue Growth-30.5%
Free Cash Flow$49M

CleanSpark, Inc. operates in the Capital Markets industry, part of the Financial Services sector (United States).

Frequently Asked Questions

What is CleanSpark, Inc.’s (CLSK) StockRank?
MoatMap’s StockRank for CleanSpark, Inc. (CLSK) is 6/100, with a Strong Sell signal. It is a composite of Quality (28), Value (28), and Momentum (19), each scored against its sector. The composite is then ranked across MoatMap’s universe of 24,000+ stocks.
Does CleanSpark, Inc. have an economic moat?
CleanSpark, Inc. (CLSK) has a Quality factor score of 28/100. The Quality factor combines ROIC, Piotroski F-Score, and leverage: the financial fingerprints of a durable competitive advantage. A Quality score above 70 typically indicates a company with the characteristics of a moated business.
Is CleanSpark, Inc. a buy, hold, or sell?
MoatMap’s current signal for CleanSpark, Inc. (CLSK) is Strong Sell, based on a StockRank of 6/100. Signals are derived mechanically from the StockRank composite and should be one input among many; combine with your own thesis on management, competitive position, and valuation.
What sector is CleanSpark, Inc. in?
CleanSpark, Inc. (CLSK) operates in the Financial Services sector, specifically the Capital Markets industry (United States).