News Home

Analyst Rating: Will CleanSpark Inc (CLSK) Stock Do Better Than the Market?

Tuesday, October 05, 2021 10:40 AM | InvestorsObserver Analysts
Analyst Rating: Will CleanSpark Inc (CLSK) Stock Do Better Than the Market?

Wall Street is positive on CleanSpark Inc (CLSK). On average, analysts give CleanSpark Inc a Strong Buy rating. The average price target is $47.5, which means analysts expect the stock to add by 264.54% over the next twelve months. That average ranking earns CleanSpark Inc an Analyst Rating of 75, which is better than 75% of stocks based on data compiled by InvestorsObserver.

Overall Score - 5
Wall Street analysts are rating CLSK a Strong Buy today. Find out what this means to you and get the rest of the rankings on CLSK!

Why are Analyst Ratings Important?

Though analyst projections should not be your only resource when determining your position on a stock, it can be a very useful tool. Analysts follow sectors/industries in-depth and tend to know how local and global conditions tend to affect demand and prices. Many analysts even participate in conference calls where they can get information to better make sense of the numbers. InvestorsObserver averages the ratings provided by analysts and then ranks their score as a percent against the market. This allows you to compare stocks in a more comprehensive fashion than with the typical buy/sell/hold ranking.

What's Happening With CleanSpark Inc Stock Today?

CleanSpark Inc (CLSK) stock is trading at $13.03 as of 10:34 AM on Tuesday, Oct 5, a rise of $0.82, or 6.72% from the previous closing price of $12.21. The stock has traded between $12.31 and $13.08 so far today. Volume today is less active than usual. So far 435,518 shares have traded compared to average volume of 1,410,601 shares. Click Here to get the full Stock Report for CleanSpark Inc stock.

You May Also Like

Get the InvestorsObserver App

InvestorsObserver App
iOS App