Hedge funds and other institutional investors own 25.47% of the company’s stock. Squarepoint Ops LLC now owns 18,886 shares of the company’s stock worth $39,000 after purchasing an additional 7,678 shares during the period. Finally, Squarepoint Ops LLC lifted its position in CleanSpark by 68.5% in the fourth quarter. Tower Research Capital LLC TRC now owns 12,114 shares of the company’s stock valued at $34,000 after purchasing an additional 7,050 shares during the last quarter. Tower Research Capital LLC TRC grew its holdings in shares of CleanSpark by 139.2% during the first quarter. Toroso Investments LLC bought a new position in shares of CleanSpark during the third quarter valued at approximately $32,000. Nisa Investment Advisors LLC now owns 13,524 shares of the company’s stock worth $28,000 after acquiring an additional 13,051 shares in the last quarter. Nisa Investment Advisors LLC lifted its stake in shares of CleanSpark by 2,759.2% in the fourth quarter. Barclays PLC now owns 12,253 shares of the company’s stock worth $25,000 after acquiring an additional 10,318 shares during the period. Barclays PLC grew its holdings in shares of CleanSpark by 533.2% in the 4th quarter. Several institutional investors and hedge funds have recently modified their holdings of CLSK. Institutional Investors Weigh In On CleanSpark The stock has a 50-day moving average price of $3.24 and a 200 day moving average price of $2.82. CleanSpark has a 1 year low of $1.74 and a 1 year high of $6.84. Shares of CleanSpark stock opened at $4.28 on Monday. BTIG Research decreased their price objective on CleanSpark from $10.00 to $8.00 and set a “buy” rating for the company in a research note on Thursday, February 9th. Chardan Capital reaffirmed a “buy” rating and issued a $5.00 target price on shares of CleanSpark in a report on Monday, April 17th. Have feedback on this article? Concerned about the content? Get in touch with us directly.A number of other analysts have also issued reports on the company. Simply Wall St has no position in any stocks mentioned.
Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. We aim to bring you long-term focused analysis driven by fundamental data. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. This article by Simply Wall St is general in nature.
#CLEANSPARK STOCK FORECAST 2025 FREE#
Īnother way to search for interesting companies that could be reaching an inflection point is to track whether management are buying or selling, with our free list of growing companies that insiders are buying. For more information, you can click through to our platform to learn more about this and the 1 other warning sign we've identified. The covering analyst is clearly in love with CleanSpark at the moment, but before diving in - you should be aware that we've identified some warning flags with the business, such as major dilution from new stock issuance in the past year. So there's been quite a change-up of views after the recent consensus updates, with the analyst making a sizeable increase to their revenue forecasts while also reducing the estimated loss as the business grows towards breakeven.Ĭheck out our latest analysis for CleanSpark
Yet before this consensus update, the analyst had been forecasting revenues of US$20m and losses of US$0.39 per share in 2021. Losses are predicted to fall substantially, shrinking 95% to US$0.22.
#CLEANSPARK STOCK FORECAST 2025 UPGRADE#
Could this upgrade be enough to drive the stock even higher?įollowing the upgrade, the most recent consensus for CleanSpark from its lone analyst is for revenues of US$29m in 2021 which, if met, would be a substantial 176% increase on its sales over the past 12 months. CleanSpark has also found favour with investors, with the stock up a whopping 38% to US$15.95 over the past week.
Consensus estimates suggest investors could expect greatly increased statutory revenues and earnings per share, with the analyst modelling a real improvement in business performance. ( NASDAQ:CLSK) may be thrilled to learn that the covering analyst has just delivered a major upgrade to their near-term forecasts.
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