CleanSpark, Inc. (CLSK)
NASDAQInformation TechnologyFinancial - Capital MarketsSnapshot 2026-11-04
$5.68-16.47%
Close 2026-11-05 · 1-day change
NASDAQInformation TechnologyFinancial - Capital MarketsSnapshot 2026-11-04
QuarterlyIQ Insights · CLSK
What must go right, what could break, what the price assumes, and what evidence comes next.
The current health of the standing investment case.
Recent financial performance sits well below its industry cohort — worth keeping an eye on, though it has not freshly broken.
One-year growth currently built into the price, compared with our model's estimate.
| Measure | Marker shape | Value |
|---|---|---|
| Growth built into the price | circle | -41.5% |
| Our one-year growth estimate | diamond | 40.1% |
For each item: what to watch, what would become a concern, and what would make it less concerning.
A reporting-risk estimate, not a forecast of the stock-price response.
Historical relationships that met the evidence threshold. They do not prove cause or forecast a move.
Usually moved in the same direction.
Price observations: 365 days
Most sensitive to the broad stock market.
Based on historical daily prices through 2026-11-04.
Past price behavior in dollars on a $10,000 position. This does not measure permanent business risk.
How much price usually moves either way.
Use the underlying financial and sector pages to investigate the cause.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Growth built into the price is above our model estimate.
The price assumes 81.6 percentage points less one-year growth.
The one-year revenue growth assumption on Valuation.
Elevated risk of a next-quarter earnings miss: this name has been missing across recent quarters and is on a run of consecutive earnings misses. A fundamental tilt, not a price call.
Model as of 2026-11-04 · Compared with 15 industry peers
CLSK — capital allocation — Creation of a Direct Financial Obligation or an Obligation under an Off-Balan…
Dated 2026-09-25
Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant. The information set forth in
Why it matters: The lease is a large planned source of long-term cash flow. Reported rent would show the project is earning money, not just being built.
Supportive ifCleanSpark reports that the Sandersville tenant has begun paying rent under the 20-year lease.
Worry ifCleanSpark reports that rent has not begun, or that the tenant or lease terms have changed.
Why it matters: In the latest reported quarter, revenue fell 30.5% year over year and adjusted EBITDA was negative. The next report can show whether results improve.
Watch forOn November 24, CleanSpark reports higher revenue than a year earlier. Adjusted EBITDA is less negative than in the prior-year quarter.
Also watch forOn November 24, CleanSpark reports lower revenue than a year earlier. Adjusted EBITDA is more negative than in the prior-year quarter.
Why it matters: CleanSpark has power and land for more data centers, but it has not shared direct revenue from these assets. A signed lease would show progress beyond Sandersville.
Supportive ifCleanSpark names a new AI or HPC tenant, site, lease term, and power capacity in a public filing or release.
Worry ifCleanSpark reports no new tenant or lease for AI or HPC sites in its next quarterly update.
Why it matters: The notes carry 7.875% interest and fund the data center build. Higher costs or a need for more company funding could strain cash.
Worry ifCleanSpark says Sandersville needs company funds beyond the note proceeds. Or, it reports project costs above its plan.
Less concerning ifCleanSpark says note proceeds covered the remaining build cost and debt service reserves. No extra company funding was needed.
We watch for confirming and disproving signals on each item. Resolutions are found automatically where possible and checked by hand for unclear cases. Last 90 days shown.
A larger daily loss that occurred about once in every 20 trading days.
Deepest peak-to-trough drop in the last year.
| Measure | Value | Meaning |
|---|---|---|
| Typical day | ±$457 on $10,000 · ±4.6% | How much price usually moves either way. |
| Bad day | $847 loss on $10,000 · 8.5% | A larger daily loss that occurred about once in every 20 trading days. |
| Largest peak-to-trough drop in the past year | $6,385 loss on $10,000 · 63.8% | Deepest peak-to-trough drop in the last year. |
Past year. 1.00 means similar movement; 1.20 means about 20% more.
Past year. 1.00 means similar movement to the sector. This is secondary context.
Latest 30 trading days, shown as an annual percentage.
Latest 252 trading days, shown as an annual percentage.
20-trading-day average in US dollars.
Trading days used by the source risk snapshot.
Past results, not a forecast. Not investment advice.