GET DAILY SIGNALSCleanSpark (CLSK) Shares Slide -47% in 30 Days as Bitcoin Weakens and Data Center Shift Continues
Key Takeaways
- CleanSpark shares fell roughly 47% over the last 30 days, sliding from about $13.95 to approximately $7.44.
- The decline extends a longer slide: the stock is down about 49% over the last quarter and roughly 53% over the past year.
- Softer bitcoin prices and a broader selloff in AI data center equities weighed on mining economics and investor sentiment.
- CleanSpark reported a fiscal Q3 2026 net loss of about $239.8 million, with revenue down roughly 30.5% year over year.
- The company is accelerating its pivot toward data center development, closing a $2.276 billion senior secured note offering to fund its Sandersville, Georgia build-out.
- Analyst views are mixed: Canaccord Genuity initiated coverage with a Buy and a $20 target, while Cantor Fitzgerald lowered its target to $19 from $26.
- For additional detail, explore CleanSpark's Price Targets, Earnings, and Forecast pages for deeper data and forward-looking analysis.
- You can also explore Trending AI Robots to see how automated trading strategies are positioning across the market.
CleanSpark (CLSK) Company Snapshot and Strategy
CleanSpark, Inc. is a U.S.-based bitcoin miner and data center developer headquartered in the Las Vegas area. The company owns and operates data centers across Georgia, Mississippi, Tennessee, Wyoming, and Texas, with roughly 1.8 gigawatts of contracted power capacity. Beyond mining bitcoin, CLSK has been repositioning its infrastructure toward hosting high-performance computing and AI workloads, a strategy intended to convert its power and land assets into longer-duration, contracted cash flows. Investors follow the stock for its exposure to bitcoin economics, its hashrate growth, and the emerging opportunity in power-intensive data center leasing. I also checked this using Tickeron’s AI Screener to see how the stock compares to others in the industry.
CleanSpark (CLSK) Stock Price Performance: Last 30 Days vs. Quarter
Over the last 30 days, CLSK shares fell approximately 47%, declining from a closing level near $13.95 to roughly $7.44. The move was not a single-day event but a steady erosion punctuated by sharp down days as sentiment around both bitcoin and AI data center names deteriorated.
The quarterly picture is similar. From late July, when the stock traded near $14.50, shares declined about 49%, meaning the recent 30-day slide accounts for a substantial portion of the broader three-month drawdown. The stock briefly strengthened in mid-September before rolling over again, leaving the quarter firmly negative and extending a roughly 53% decline over the past year.
What Drove CLSK Stock Price in the Last 30 Days
Several verified factors combined to pressure CleanSpark over the last 30 days. Bitcoin's weaker price directly compressed mining revenue, while a wider selloff in AI and data center equities hit sentiment across the sector, including peer miners such as MARA and RIOT.
Company-specific news also weighed on the shares. CleanSpark reported a fiscal Q3 2026 net loss of about $239.8 million and a roughly 30.5% year-over-year revenue decline, reflecting weaker bitcoin economics and mark-to-market charges on its treasury holdings. The company separately closed a $2.276 billion senior secured note offering at 7.875% due 2031 to fund its Sandersville data center project, a deal that raises its debt load and concentrates execution risk in a single large build.
CleanSpark also announced it would discontinue monthly bitcoin production updates in favor of quarterly reporting as it shifts emphasis to its data center business. On the analyst front, Cantor Fitzgerald cut its price target to $19 from $26, while Canaccord Genuity initiated coverage with a Buy rating and a $20 target, citing the Sandersville lease, whose tenant it identified as META.
What Drove CLSK Stock Performance Over the Last Quarter
The quarter's decline reflects a larger narrative of transition and uncertainty. CleanSpark has spent 2026 moving from a pure bitcoin miner toward a diversified digital infrastructure platform. The July announcement of a 20-year, triple-net lease at Sandersville, Georgia tied to roughly $6.6 billion in contracted revenue marked a milestone, but it also raised concerns about funding needs, timing (the first data hall is targeted for late 2027), and the company's ability to execute while mining margins remain thin. Meanwhile, weaker bitcoin prices and soft AI data center sentiment throughout the quarter kept the stock under pressure, overshadowing the long-term upside that bullish analysts see in the power portfolio.
CLSK Stock Forecast Drivers: What Investors Should Watch Next
Investors should monitor several factors in the months ahead. The pace and terms of further data center lease signings, particularly across CleanSpark's Texas portfolio of up to 885 megawatts under exclusivity, will be central to the stock's direction. Progress on the Sandersville construction timeline and any changes to financing or liquidity will also matter, given the company's elevated long-term debt. Bitcoin's price trajectory and network hashrate economics remain key swing factors for mining revenue, while broader AI data center sentiment and interest-rate conditions could influence valuation. The company's shift to quarterly reporting means operational detail will arrive less frequently, so earnings releases, guidance updates, and analyst revisions will carry greater weight. These are informational considerations, not recommendations. From what I see, keeping an eye on these elements helps frame the longer-term picture.
Exploring Tickeron AI Trading Bots for Market Context
I often turn to Tickeron’s AI Trading Bots when reviewing how automated strategies are adapting to names like this amid shifting conditions. The platform provides a range of bots with varying approaches and timeframes, which can offer additional perspective alongside traditional research without replacing it.
Disclaimer
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Contributor
Sergey Savastiouk, Ph.D. has a degree in Applied Mathematics from Moscow University and has extensive experience as an entrepreneur, investor, manager, and mathematician. His professional expertise is in applied mathematics, mathematical modeling, system and pattern analysis, and software and hardware system integration. He has served as the CEO of several hi-tech start-up companies and nonprofit organizations, which has given him proven capabilities in business strategy for high-tech start-up companies, market assessment, company formation, team building, product development, marketing, and sales. He has published numerous articles in journals and magazines on related fields. As a retail investor, he spent 15 years developing his proprietary trading and quantitative algorithms (now Tickeron’s A.I.), which brought him significant returns in trading the stock market. His current work and goal in founding Tickeron is to bring professional, sophisticated stock market analysis capabilities to retail investors via an easy-to-use interface.
CLSK's Stochastic Oscillator sits in oversold zone for 18 days
The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an uptrend is expected.
Technical Analysis (Indicators)
Bullish Trend Analysis
The RSI Indicator shows that the ticker has stayed in the oversold zone for 12 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an Uptrend is expected.
CLSK may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on October 01, 2026. You may want to consider selling the stock, shorting the stock, or exploring put options on CLSK as a result. In 71 of 83 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are 86%.
The Moving Average Convergence Divergence Histogram (MACD) for CLSK turned negative on September 29, 2026. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 41 similar instances when the indicator turned negative. In 35 of the 41 cases the stock turned lower in the days that followed. This puts the odds of success at 85%.
CLSK moved below its 50-day moving average on September 30, 2026 date and that indicates a change from an upward trend to a downward trend.
The 10-day moving average for CLSK crossed bearishly below the 50-day moving average on October 08, 2026. This indicates that the trend has shifted lower and could be considered a sell signal. In 15 of 16 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are 90%.
The 50-day moving average for CLSK moved below the 200-day moving average on October 13, 2026. This could be a long-term bearish signal for the stock as the stock shifts to an downward trend.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where CLSK declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 89%.
The Aroon Indicator for CLSK entered a downward trend on October 26, 2026. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
Fundamental Analysis (Ratings)
The Tickeron Seasonality Score of 50 (best 1 - 100 worst) indicates that the company is fair valued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.
The Tickeron Valuation Rating of 65 (best 1 - 100 worst) indicates that the company is fair valued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (2.621) is normal, around the industry mean (3.536). P/E Ratio (-2.056) is within average values for comparable stocks, (8.560). Projected Growth (PEG Ratio) (0.000) is also within normal values, averaging (0.809). Dividend Yield (0.000) settles around the average of (7.430) among similar stocks. P/S Ratio (5.397) is also within normal values, averaging (16.763).
The Tickeron Price Growth Rating for this company is 91 (best 1 - 100 worst), indicating slightly worse than average price growth. CLSK’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron PE Growth Rating for this company is 97 (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron SMR rating for this company is 98 (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Profit vs. Risk Rating rating for this company is 100 (best 1 - 100 worst), indicating that the returns do not compensate for the risks. CLSK’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 87, placing this stock worse than average.
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