CleanSpark Stock Target Price and Analyst Consensus

CLSK Stock  USD 13.86  0.83  6.37%   
The current analyst and expert consensus on CleanSpark is Strong Buy, with 4 strong buy opinions. The current projected CleanSpark target price consensus is 10.10 with 6 analyst opinions. Check out Macroaxis Advice on CleanSpark to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
For more information on how to buy CleanSpark Stock please use our How to buy in CleanSpark Stock guide.
The most common way CleanSpark analysts use to provide recommendation to the public is financial statements analysis. Many experts also interview CleanSpark executives and customers to further validate their buy or sell advice. Note, the total number of analysts currently providing their opinion is not significant to determine adequate consensus on CleanSpark. We strongly encourage you to use your own analysis of CleanSpark to validate this buy or sell advice. CleanSpark buy-or-sell recommendation module provides average expert sentiment on the projected CleanSpark target price to derive its highest and lowest estimates based on projected price volatility of 7.8837.
Lowest Forecast
9.19
Highest Forecast
11.21
Target Price
10.1
The value of Gross Profit is estimated to slide to about 17.4 M. The value of Pretax Profit Margin is estimated to slide to -0.74. At this time, CleanSpark's Accounts Payable is quite stable compared to the past year. Common Stock Total Equity is expected to rise to about 67.2 K this year, although the value of Other Current Assets will most likely fall to about 16.6 M.
  
It's important to approach CleanSpark's target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.
Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize CleanSpark price targets

CleanSpark's stock target price is an estimate of its future price, usually made by analysts. Using CleanSpark's target price to determine if it is a suitable investment can be done through the following steps:
  • Look at CleanSpark's target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if CleanSpark's stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional CleanSpark Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of CleanSpark is a key component of CleanSpark valuation and have some predictive power on the future returns of a CleanSpark.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of CleanSpark's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
5.7113.5921.47
Details
Intrinsic
Valuation
LowRealHigh
2.7510.6318.51
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.13-0.180.13
Details

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When determining whether CleanSpark is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if CleanSpark Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Cleanspark Stock. Highlighted below are key reports to facilitate an investment decision about Cleanspark Stock:
Check out Macroaxis Advice on CleanSpark to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
For more information on how to buy CleanSpark Stock please use our How to buy in CleanSpark Stock guide.
You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.