Built from weaker models, sales multiples or analyst targets, so treat it as a rough guide.
Not used by alerts or posts.
Treated as an asset manager. None of the usual models had enough data, so this uses Analyst consensus, Net asset value, Graham number, and Price to FFO instead.
ACCE opinionCleanSpark Inc. Common Stock (CLSK)
Fair value
Not available
ACCE price target
$8.30
Rating
Not rated
Horizon
12 months
ACCE price target published on 15 Oct 2026, 00:00 CEST; previously $16.50 since 19 May 2026, 00:00 CEST.
Price used: $7.88 at the close on 23 Oct 2026, 22:00 CEST.
Models: Analyst consensus, Net asset value, Graham number, and Price to FFO.
Fair value: the average of the applicable valuation models (discounted cash flow, multiples, residual income, dividend discount, shareholder yield), each run on the latest financial statements and the market price shown. Opinion columns (fair value, target, rating) are shown apart from the data. Full methodology: acceinvestments.com/data/how-we-value-stocks
Conflicts of interest: The author holds no personal position in this security. General statement
Produced by ACCE Investments (acceinvestments.com)
Data
ACCE score
31
out of 100
Analysts
100% buy
14 covering
P/E
0.0x
forward -4.3x
1-year return
-55.4%
Dividend yield
0.00%
CleanSpark Inc. Common Stock in four questions
Plain answers, details below
Free accounts get 5 full stock pages a month, including the four answers.
Overview
ACCE thesis
CleanSpark mines bitcoin from its own data centres and also sells software and energy-management services, though the bitcoin mining is clearly the core of the business. Its sector label is Capital Markets, but the economics are those of a miner: revenue fell 30.5% and operating margin is -165.2%, so the company is currently losing heavily on each unit of output. The 47.0% gross margin shows the mining operations still cover their direct costs, which means the damage sits in depreciation, overhead and the expensive push to expand capacity. The forward P/E of 30.5 implies the market expects earnings to return, and that bet rests on bitcoin prices and hashrate economics rather than on anything in the current numbers. With a score of 33/100, no index membership and a return on equity of -68.6%, the case for a deeper look depends on whether mining margins recover faster than the company burns capital, and the figures here do not yet show that.