CleanSpark (NASDAQ:CLSK) delivers shareholders enviable 392% return over 1 year, surging 20% in the last week alone

Simply Wall St.04-26

CleanSpark, Inc. (NASDAQ:CLSK) shareholders might be concerned after seeing the share price drop 16% in the last month. But over the last year the share price has taken off like one of Elon Musk's ...

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But over the last year the share price has taken off like one of Elon Musk's ...</p>\n\n<a href=\"https://simplywall.st/stocks/us/software/nasdaq-clsk/cleanspark/news/cleanspark-nasdaqclsk-delivers-shareholders-enviable-392-ret\">Source Link</a>\n\n</div>\n","source":"simplywall_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>CleanSpark (NASDAQ:CLSK) delivers shareholders enviable 392% return over 1 year, surging 20% in the last week alone</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCleanSpark (NASDAQ:CLSK) delivers shareholders enviable 392% return over 1 year, surging 20% in the last week alone\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-04-26 18:42 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://simplywall.st/stocks/us/software/nasdaq-clsk/cleanspark/news/cleanspark-nasdaqclsk-delivers-shareholders-enviable-392-ret><strong>Simply Wall St.</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>CleanSpark, Inc. (NASDAQ:CLSK) shareholders might be concerned after seeing the share price drop 16% in the last month.    But over the last year the share price has taken off like one of Elon Musk's ...</p>\n\n<a href=\"https://simplywall.st/stocks/us/software/nasdaq-clsk/cleanspark/news/cleanspark-nasdaqclsk-delivers-shareholders-enviable-392-ret\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU2210150020.SGD","symbol_name":"Natixis Thematics Subscription Economy R/A SGD","start_time":0,"source_url":"https://simplywall.st/stocks/us/software/nasdaq-clsk/cleanspark/news/cleanspark-nasdaqclsk-delivers-shareholders-enviable-392-ret","article_id":"2430222542","we_media_id":null,"thumbnails":["https://images.simplywall.st/asset/industry/8041000-choice2-main-header/1585186556238"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2430222542","pubTimestamp":1714128142,"sourceInfo":{"source_id":"simplywall_highlight","name":"Simply Wall St."},"weMediaInfo":null,"summary":"CleanSpark, Inc. ( NASDAQ:CLSK ) shareholders might be concerned after seeing the share price drop 16% in the last...","collect":0,"end_time":0,"defaultTopTitle":"simplywall.st","property":[],"viewcount":null,"language":"en","relate_stocks":{"LU2210150020.SGD":"Natixis Thematics Subscription Economy R/A SGD","BK4585":"ETF&股票定投概念","LU2210149790.SGD":"Natixis Thematics Subscription Economy R/A SGD-H","BK4595":"比特币概念","SQQQ":"纳指三倍做空ETF","CLSK":"CleanSpark, Inc.","BK4588":"碎股","QID":"纳指两倍做空ETF","PSQ":"纳指反向ETF","QLD":"纳指两倍做多ETF","QQQ":"纳指100ETF",".IXIC":"NASDAQ Composite","BK4112":"金融交易所和数据","TQQQ":"纳指三倍做多ETF","NDAQ":"纳斯达克OMX交易所","BK4023":"应用软件","LU2095319765.USD":"Natixis Thematics Subscription Economy R/A USD"},"translate_title":"CleanSpark（纳斯达克：CLSK）在一年内为股东带来了令人羡慕的392%的回报，仅在上周就飙升了20%","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"CLSK":1,"NDAQ":1,".IXIC":1,"TQQQ":0.6,"SQQQ":0.6,"QQQ":0.6,"QLD":0.6,"QID":0.6,"PSQ":0.6,"NQmain":0.6,"MNQmain":0.6},"content_text":"CleanSpark, Inc. (NASDAQ:CLSK) shareholders might be concerned after seeing the share price drop 16% in the last month.    But over the last year the share price has taken off like one of Elon Musk's rockets.  In that time, shareholders have had the pleasure of a 392% boost to the share price.  So the recent fall isn't enough to negate the good performance.  Of course, winners often do keep winning, so there may be more gains to come (if the business fundamentals stack up).      The past week has proven to be lucrative for CleanSpark investors, so let's see if fundamentals drove the company's one-year performance.   Check out our latest analysis for CleanSpark   Because CleanSpark made a loss in the last twelve months, we think the market is probably more focussed on revenue and revenue growth, at least for now.  When a company doesn't make profits, we'd generally hope to see good revenue growth.  That's because it's hard to be confident a company will be sustainable if revenue growth is negligible, and it never makes a profit.   CleanSpark grew its revenue by 75% last year.   That's stonking growth even when compared to other loss-making stocks.   But the share price seems headed to the moon, up 392% as previously highlighted.  Even the most bullish shareholders might be thinking that the share price might drop back a bit, after a gain like that.  So this looks like a great watchlist candidate for investors who look for high growth inflexion points.       The graphic below depicts how earnings and revenue have changed over time (unveil the exact values by clicking on the image). NasdaqCM:CLSK Earnings and Revenue Growth April 26th 2024 You can see how its balance sheet has strengthened (or weakened) over time in this free interactive graphic.  A Different Perspective It's nice to see that CleanSpark shareholders have received a total shareholder return of 392% over the last year.    Notably the five-year annualised TSR loss of 0.9% per year compares very unfavourably with the recent share price performance.  The long term loss makes us cautious, but the short term TSR gain certainly hints at a brighter future.        It's always interesting to track share price performance over the longer term. But to understand CleanSpark better, we need to consider many other factors.   For example, we've discovered 3 warning signs for CleanSpark (2 shouldn't be ignored!) that you should be aware of before investing here.    If you like to buy stocks alongside management, then you might just love this free list of companies. (Hint: insiders have been buying them). Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on American exchanges.Valuation is complex, but we're helping make it simple.Find out whether CleanSpark is potentially over or undervalued by checking out our comprehensive analysis, which includes fair value estimates, risks and warnings, dividends, insider transactions and financial health.View the Free AnalysisHave feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.","kind":null,"is_publish_news":null,"is_publish_highlight":null,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":1,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.22.4","shortVersion":"4.22.4","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2430222542"}