CleanSpark (CLSK) PT Raised at Keefe Bruyette – Here’s Why

CleanSpark, Inc. (NASDAQ:CLSK) is one of the 10 Best Stocks in Leopold Aschenbrenner’s Portfolio.

CleanSpark (CLSK) PT Raised at Keefe Bruyette - Here's Why

On May 13, 2026, Keefe Bruyette raised the price target on CleanSpark, Inc. (NASDAQ:CLSK) from $14 to $16 while maintaining an Outperform rating on the stock. Similarly, on May 12, 2026, Maxim also adjusted its price target on the stock from $18 to $22 and maintained its Buy rating. CleanSpark, Inc. (NASDAQ:CLSK) posted second-quarter revenue and adjusted EBITDA below Wall Street estimates. Despite the miss, Maxim highlighted the company’s strategic diversification into AI infrastructure. The firm also noted that the company’s immediate power availability and proven track record of expanding power access at existing sites differentiate it as an AI data center developer, while competitors struggle with regulatory approval delays from power authorities.

Forming around 0.76% of Leopold’s Situational Awareness LP portfolio for the quarter ended March 31, 2026, CleanSpark, Inc. (NASDAQ:CLSK) holds a Consensus Buy rating from 12 analysts according to CNN. Based on estimates from these analysts as of May 20, 2026, the stock is expected to rise by 37.99% over the next year.

Founded in 1987, CleanSpark Inc. (NASDAQ:CLSK) is a Bitcoin mining company with exposure to the data center industry. The company is based in Nevada and controls a portfolio of power, land, and data centers across the U.S., powered by globally competitive energy prices.

While we acknowledge the risk and potential of CLSK as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than CLSK and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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