CleanSpark (CLSK) is down 7.4% today. Here is some analysis on what might have caused this price movement.
Analysis: The most likely explanation is a broad selloff across publicly traded Bitcoin miners rather than a new company-specific headline. This could be because investors are still reacting to weak mining economics, recent pressure on crypto-related equities, and CleanSpark’s already fragile backdrop after its latest quarterly loss.
Details:
Shares of several Bitcoin mining peers were also sharply lower today, pointing to sector-wide risk reduction instead of an isolated company event.Bitcoin was trading around the low $60,000s, which is better than the late-June trough but still leaves miner profitability under pressure compared with earlier 2026 levels.CleanSpark’s most recent quarterly report showed revenue decline and a large net loss, much of it tied to fair-value changes on its Bitcoin holdings, which has likely kept sentiment cautious.CleanSpark’s latest operating update showed ongoing production and expansion activity, but there does not appear to be a fresh positive catalyst today to offset the broader pressure on miner stocks.Sources:
CleanSpark Investor Relations, SEC, Nasdaq
Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.
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$CLSK Hedge Fund Activity
We have seen 142 institutional investors add shares of $CLSK stock to their portfolio, and 195 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- SITUATIONAL AWARENESS LP added 10,635,739 shares (+648.4%) to their portfolio in Q1 2026, for an estimated $90,510,138
- DIMENSIONAL FUND ADVISORS LP added 6,323,715 shares (+81.3%) to their portfolio in Q1 2026, for an estimated $53,814,814
- BLACKROCK, INC. removed 2,872,599 shares (-6.4%) from their portfolio in Q1 2026, for an estimated $24,445,817
- RENAISSANCE TECHNOLOGIES LLC removed 2,581,482 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $21,968,411
- HRT FINANCIAL LP added 2,302,069 shares (+inf%) to their portfolio in Q1 2026, for an estimated $19,590,607
- VOLORIDGE INVESTMENT MANAGEMENT, LLC removed 2,299,020 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $19,564,660
- CITADEL ADVISORS LLC added 2,104,687 shares (+inf%) to their portfolio in Q1 2026, for an estimated $17,910,886
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
$CLSK Analyst Ratings
Wall Street analysts have issued reports on $CLSK in the last several months. We have seen 2 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- Macquarie issued a "Outperform" rating on 05/13/2026
- BTIG issued a "Buy" rating on 05/12/2026
To track analyst ratings and price targets for $CLSK, check out Quiver Quantitative's $CLSK forecast page.
$CLSK Price Targets
Multiple analysts have issued price targets for $CLSK recently. We have seen 9 analysts offer price targets for $CLSK in the last 6 months, with a median target of $19.0.
Here are some recent targets:
- Greg P. Miller from Citizens set a target price of $27.0 on 06/24/2026
- James McIlree from Chardan Capital set a target price of $19.0 on 06/08/2026
- Stephen Glagola from Keefe, Bruyette & Woods set a target price of $16.0 on 05/13/2026
- Paul Golding from Macquarie set a target price of $22.0 on 05/13/2026
- Matthew Galinko from Maxim Group set a target price of $22.0 on 05/12/2026
- Gregory Lewis from BTIG set a target price of $26.0 on 05/12/2026
- John Todaro from Needham set a target price of $18.0 on 05/04/2026
This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.
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Why CleanSpark (CLSK) Stock Is Down Today
CleanSpark (CLSK) is down 7.4% today. Here is some analysis on what might have caused this price movement.
Analysis: The most likely explanation is a broad selloff across publicly traded Bitcoin miners rather than a new company-specific headline. This could be because investors are still reacting to weak mining economics, recent pressure on crypto-related equities, and CleanSpark’s already fragile backdrop after its latest quarterly loss.
Details:
Sources:
CleanSpark Investor Relations, SEC, Nasdaq
Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.
$CLSK Hedge Fund Activity
We have seen 142 institutional investors add shares of $CLSK stock to their portfolio, and 195 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
$CLSK Analyst Ratings
Wall Street analysts have issued reports on $CLSK in the last several months. We have seen 2 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
To track analyst ratings and price targets for $CLSK, check out Quiver Quantitative's $CLSK forecast page.
$CLSK Price Targets
Multiple analysts have issued price targets for $CLSK recently. We have seen 9 analysts offer price targets for $CLSK in the last 6 months, with a median target of $19.0.
Here are some recent targets:
This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.
Read full article here »