CLSK: Texas Expansion Will Unlock Major Shareholder Value By 2027

CleanSpark's fair value estimate has increased from $22.34 to $24.07 per share. Analysts cite recent strategic expansions into AI and high-performance computing data centers as key drivers behind the raised price target.

Analyst Commentary

Analysts covering CleanSpark have recently updated their perspectives in light of the company's strategic shifts and latest site acquisitions. Their insights reflect both optimism about CleanSpark's future prospects and some cautions stemming from recent sector dynamics.

• Bullish analysts highlight CleanSpark's move into artificial intelligence and high-performance computing data centers as a major catalyst for shareholder value. Recent Texas site acquisitions are seen as unlocking significant upside potential by 2027.
• Target price increases reflect expectations for CleanSpark’s infrastructure to support more stable and scalable revenue streams beyond Bitcoin mining. Early investments in data center capabilities are considered a strong foundation for long-term growth.
• Analysts are impressed by CleanSpark’s disciplined execution and low-cost power access. They note that its balance sheet flexibility enhances its growth prospects in new verticals.
• The expansion of high-performance computing alongside Bitcoin mining is identified as a transformative opportunity for CleanSpark. Several bullish updates are based on CleanSpark’s potential to replicate past operational success in new markets.

• Bearish analysts urge caution regarding high-performance computing ventures. They highlight that further upside will require greater clarity from CleanSpark’s management on their strategy and execution in these newer domains.
• Recent downward revisions in price targets from major firms reflect sector-wide concerns over Bitcoin mining profitability and the need for CleanSpark to demonstrate tangible near-term progress in data center and cloud service initiatives.
• There is skepticism that current market valuations already fully price in CleanSpark’s announced expansions. Some analysts are shifting to neutral stances until more concrete evidence of growth beyond core mining operations emerges.

What's in the News

• CleanSpark formally announced its expansion into high-performance computing (HPC) data center infrastructure, which analysts see as a key catalyst for further growth. Clear Street maintains a $30 price target and Buy rating. (Clear Street periodical)
• The company acquired rights to approximately 271 acres in Austin County, Texas, along with long-term power supply agreements totaling 285 megawatts. This sets the stage for a next-generation data center campus focused on AI and enterprise workloads. (Key Developments)
• CleanSpark announced a collaboration with Submer to develop sustainable, modular AI data centers in North America, leveraging liquid-cooled systems for improved energy efficiency and density. (Key Developments)
• A new $100 million Bitcoin-backed credit facility was added, boosting CleanSpark’s total collateralized lending facilities to $400 million and enabling accelerated data center growth. (Key Developments)
• Matt Schultz returned as CEO on August 11, 2025, following the resignation of Zachary Bradford. This brings leadership continuity and deep industry experience. (Key Developments)

Valuation Changes

• The Fair Value Estimate has risen slightly, increasing from $22.34 to $24.07 per share.
• The Discount Rate decreased modestly from 8.84% to 8.78%.
• The Revenue Growth forecast fell significantly, moving from 30.78% down to 25.85%.
• The Net Profit Margin estimate improved meaningfully, rising from 27.62% to 33.42%.
• The Future P/E remained relatively stable, ticking down slightly from 18.37x to 18.32x.