Macquarie Maintains an Outperform Rating on CleanSpark, Inc. (CLSK)

CleanSpark, Inc. (NASDAQ:CLSK) is among the 11 Best Bitcoin and Blockchain Stocks to Invest in.

Macquarie Maintains an Outperform Rating on CleanSpark, Inc. (CLSK)

CleanSpark, Inc. (NASDAQ:CLSK) is among the Best Bitcoin Stocks.  

On February 6, Macquarie maintained an Outperform rating on CleanSpark, Inc. (NASDAQ:CLSK) and reduced its price objective from $27 to $18.

Separately, Keefe Bruyette maintained its Outperform rating on the stock and trimmed its price target from $18 to $14 on February 9, 2026. The firm pointed out concerns around ERCOT’s proposed batch study, which might affect the Texas pipeline. However, the corporation remained optimistic about the Sealy location.

CleanSpark, Inc. (NASDAQ:CLSK)’s revenues in the first quarter of fiscal 2026 were $181.2 million, an 11.6% increase from $162.3 million in the same period last year. The firm reported a net loss of $378.7 million, or $1.35 per basic share, with a net income of $246.8 million, or $0.85 per basic share, in the previous year. Adjusted EBITDA was negative $295.4 million, compared to a positive $321.6 million in the prior year.

The stock was down by 16.71% YTD as of February 11, 2026.

CleanSpark, Inc. (NASDAQ:CLSK) is a Bitcoin mining technology startup. It manages data centers in College Park, Norcross, Washington, Sandersville, Dalton, and Massena.

While we acknowledge the potential of CLSK as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than CLSK and that has a 100x upside potential, check out our report about the cheapest AI stock.

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