CleanSpark Inc (CLSK) Stock Analysis
Verdict: AVOID
CLSK's $6.6B AI pivot offers long-term cash flow, but massive interest debt and zero AI revenue until Q4 2027 present severe cash-burn risk.
Investment score: 25/100
Analysis as of
Is CleanSpark Inc stock worth reviewing? AI model thesis
The AI model assigns an AVOID rating based on four consecutive earnings misses (-181.7% in Q3 FY26), a TTM net margin of -146.9%, and $2.276B in new 7.875% debt creating ~$179.2M in annual interest obligations before AI lease revenues begin in Q4 2027.
7-factor investment score
- Valuation: 30/100 (weight 20%)
- Financial Health: 15/100 (weight 15%)
- Technical Momentum: 25/100 (weight 15%)
- Earnings Quality: 10/100 (weight 15%)
- Insider Sentiment: 20/100 (weight 10%)
- Analyst Consensus: 65/100 (weight 10%)
- Risk-Adjusted Return: 20/100 (weight 15%)
CleanSpark Inc opportunities and risks
What speaks for CLSK
- $6.6B Sandersville 20-Year AI Data Center Lease
What speaks against CLSK
- Heavy Interest Debt Service on $2.276B 7.875% Secured Notes
Peers and competitors
| Ticker | P/E | P/S | EV/EBITDA | Gross margin | Net margin | FCF yield |
|---|---|---|---|---|---|---|
| CLSK | n/a | 3.5x | n/a | -5.3% | -146.9% | -47.7% |
| AVPT | 44.5x | 6.7x | 42.1x | 73.4% | 15.3% | 3.2% |
| SPSC | 41.7x | 4.0x | 16.1x | 69.8% | 10.1% | 6.4% |
| ALRM | 24.2x | 2.7x | 13.2x | 63.4% | 11.1% | 8.4% |
| VIA | n/a | 5.3x | n/a | 39.6% | -20.0% | -1.9% |
| FIVN | 46.2x | 2.2x | 17.3x | 54.7% | 4.9% | 7.6% |
| Peer median | 41.7x | 4.0x | 16.1x | 63.4% | 10.1% | 6.4% |
Frequently asked questions about CleanSpark Inc (CLSK)
Is CLSK stock a good investment?
The cached TradeMates AI model rates CleanSpark Inc as AVOID with an investment score of 25/100. The AI model assigns an AVOID rating based on four consecutive earnings misses (-181.7% in Q3 FY26), a TTM net margin of -146.9%, and $2.276B in new 7.875% debt creating ~$179.2M in annual interest obligations before AI lease revenues begin in Q4 2027. This is algorithmic model output, not personal investment advice.
Is CLSK stock a buy?
The TradeMates model verdict for CLSK is AVOID with an investment score of 25/100. Treat this as a model signal to review, not a personal buy recommendation.