What Analysts Are Saying About Cleanspark Stock
Portfolio Pulse from Benzinga Insights
In the last three months, 6 analysts have published ratings on Cleanspark (NASDAQ:CLSK), showing a range of perspectives from bullish to bearish. The average 12-month price target is $24.08, with a high of $28.00 and a low of $12.50. Recent analyst actions include both raises and lowers in price targets, reflecting changing market conditions and company performance. Cleanspark has shown impressive financial metrics, including a revenue growth rate of 162.77%, a net margin of 110.82%, and a return on equity of 10.9%.
August 12, 2024 | 1:01 pm
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Cleanspark (NASDAQ:CLSK) has received mixed ratings from analysts over the past three months, with an average price target of $24.08. The company's strong financial performance, including a 162.77% revenue growth rate and a 110.82% net margin, may positively influence its stock price in the short term.
The mixed analyst ratings and recent price target adjustments indicate varying opinions on Cleanspark's future performance. However, the company's strong financial metrics, including significant revenue growth and high net margin, suggest a positive short-term outlook for the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100