How Recent Moves Are Shaping the New Growth Story for CleanSpark

CleanSpark’s stock has seen its fair value estimate rise slightly in recent analyst updates, with the price target increasing from $22.34 to $24.07 per share. This revision comes as renewed optimism surrounds the company’s expansion into artificial intelligence and high-performance computing data centers, driven by recent site acquisitions in Texas. As the outlook for CleanSpark evolves, investors will want to stay informed on how this story develops and how they can keep ahead of the latest shifts in the company’s strategic narrative.

Stay updated as the Fair Value for CleanSpark shifts by adding it to your watchlist or portfolio. Alternatively, explore our Community to discover new perspectives on CleanSpark.

What Wall Street Has Been Saying

🐂 Bullish Takeaways

Several analysts remain positive on CleanSpark's growth prospects, especially as the company increases its expansion into artificial intelligence and high-performance computing (HPC) data centers. H.C. Wainwright reiterates a Buy rating, raising its price target to $30 following CleanSpark's acquisition of a major Texas site and the execution of long-term power agreements. The firm believes this development could unlock over $3.8 billion in shareholder value by 2027, considering it a major step forward in the company's AI data center strategy. Clear Street maintains a $30 price target with a Buy rating, noting that CleanSpark is well positioned for success in HPC thanks to its strong execution, low-cost power base, and balance-sheet flexibility. The firm views recent AI infrastructure moves as a catalyst for the stock. B. Riley increases its price target to $25 from $17 and highlights CleanSpark’s growing focus on high-performance computing alongside Bitcoin mining. The firm commends the company’s early infrastructure investments and power expertise, projecting more stable, scalable revenue over time. BTIG raises its price target to $26 from $22 and expects CleanSpark to pursue additional high-performance compute opportunities. The firm predicts some sites could transition primarily to HPC usage. Needham lifts its price target to $23 from $21 and emphasizes CleanSpark’s commitment to building out its high-performance computing pipeline. The firm anticipates near-term hiring to support data center growth. Across bullish commentary, analysts repeatedly point to execution quality, cost control, infrastructure investments, and CleanSpark’s growth momentum in emerging tech verticals as key drivers for the positive outlook.

🐻 Bearish Takeaways

JPMorgan takes a more cautious stance, downgrading CleanSpark to Neutral from Overweight and lowering its price target to $14. The firm cites concerns that recent upside from high-performance compute opportunities may already be priced into shares following the company’s expansion to 50 EH/s. JPMorgan signals a need for greater clarity on the firm’s strategy to justify additional upside. Moderate concerns persist among some analysts regarding valuation and the extent to which current growth opportunities are already reflected in the share price. This suggests near-term risks tied to execution and market expectations.

Story Continues

Do your thoughts align with the Bull or Bear Analysts? Perhaps you think there's more to the story. Head to the Simply Wall St Community to discover more perspectives or begin writing your own Narrative!NasdaqCM:CLSK Community Fair Values as at Nov 2025

What's in the News

CleanSpark has formally announced its expansion into high-performance computing (HPC) data center infrastructure, a move analysts highlight as a major growth catalyst. Clear Street continues to rate the company as a Buy with a $30 price target. The company acquired rights to approximately 271 acres in Austin County, Texas, and secured long-term power agreements totaling 285 megawatts. This development is expected to lay the foundation for a next-generation data center campus focused on AI and enterprise workloads. CleanSpark is collaborating with Submer to develop sustainable, modular AI data centers across North America. These facilities will use liquid-cooled systems to enhance energy efficiency and increase computing density. Matt Schultz has returned as CEO as of August 11, 2025, following the resignation of Zachary Bradford. This change provides leadership continuity and renewed industry expertise at a pivotal time for the company.

How This Changes the Fair Value For CleanSpark

The Fair Value Estimate has risen slightly, increasing from $22.34 to $24.07 per share. The Discount Rate decreased modestly from 8.84% to 8.78%. The Revenue Growth forecast fell significantly, moving from 30.78% down to 25.85%. The Net Profit Margin estimate improved meaningfully, rising from 27.62% to 33.42%. The Future P/E remained relatively stable, ticking down slightly from 18.37x to 18.32x.

🔔 Never Miss an Update: Follow The Narrative

A Narrative is your chance to see the story behind the numbers. On Simply Wall St, Narratives connect a company's business moves and outlook with forecasts for revenue, earnings, and fair value. Accessible to millions on the Community page, Narratives help you compare Fair Value to Price and are updated when new news or results arrive.

If you want the full picture, read the original Narrative on CleanSpark here: CLSK: Texas Expansion Will Unlock Major Shareholder Value By 2027.

Get a dynamic, consensus-backed view of how CleanSpark’s AI and data center expansion could influence its value outlook. Track updated forecasts, risk factors, and fair value estimates as the CleanSpark story develops. Make more informed decisions by understanding how operational changes and industry trends affect an assessment of whether the stock is a buy, sell, or hold.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Companies discussed in this article include CLSK.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email [email protected]

View Comments