Should You Buy CleanSpark Inc (CLSK) Today? Analysis, Price Targets, and 2026 Outlook.
Analysis Updated At
2026/01/28
Not a good buy right now for a Beginner long-term investor with $50k–$100k who doesn’t want to wait. Despite a broadly bullish analyst stance and call-heavy options sentiment, CleanSpark is currently in a headline-driven, high-volatility zone (power-outage concerns + upcoming earnings on 2026-02-05) while insiders have been selling more aggressively. The risk/reward is not attractive enough to justify buying immediately; treat it as a HOLD (avoid new buying today).
Technical Analysis
Price/levels: CLSK is $13.57 (+2.41% regular session) and trading above the pivot (13.152). Near resistance is R1 at 14.124 (then R2 14.724). Key supports are S1 12.181 and S2 11.58.
Trend: Moving averages are bullish (SMA_5 > SMA_20 > SMA_200), which supports an intermediate uptrend, but recent news-driven selloff pressure increases the chance of choppy action around resistance.
Momentum: RSI(6) ~59.4 = neutral-to-slightly bullish, not overbought. MACD histogram is positive (0.159) but “positively contracting,” suggesting upside momentum is still present but weakening.
Probabilistic short-term bias (pattern-based): Similar candlestick pattern stats imply a negative drift: ~80% chance of -1.48% next day, -3.07% next week, -5.83% next month. That short-term skew is unfavorable for an impatient entry.
**Intellectia Proprietary Trading Signals**
- [AI Stock Picker](module://ai_stock_pick): No signal on given stock today.
- [SwingMax](module://swingmax): No signal on given stock recently.
Analyst Ratings and Price Target Trends
Recent trend: Predominantly bullish coverage with multiple Buy/Outperform/Overweight calls. Price targets were trimmed slightly by some firms (e.g., Keefe Bruyette $18 from $18.50; several post-Q4 trims from ~$30 to ~$27 range in late 2025), but ratings largely remained positive.
What Wall Street likes (pros): Power-secured capacity and the pivot into AI/HPC data centers; perceived scarcity of near-term high-density capacity; optionality beyond pure Bitcoin mining; some see it as an attractive AI-infrastructure proxy.
What Wall Street worries about (cons): Execution timing/lease-up uncertainty for HPC, capex intensity, sensitivity to bitcoin economics, and near-term operational disruptions (e.g., outages).
Influential/political trading: No recent congress trading data available; no politician activity indicated in the provided data.
Wall Street analysts forecast CLSK stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for CLSK is 23.5 USD with a low forecast of 14 USD and a high forecast of 27 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
Wall Street analysts forecast CLSK stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for CLSK is 23.5 USD with a low forecast of 14 USD and a high forecast of 27 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
Current: 12.590
Current: 12.590
