Stock Track | CleanSpark Soars 5.25% Intraday on Analyst Upgrades and Strong Fiscal 2025 Performance

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CleanSpark, Inc. (NASDAQ: CLSK) saw its stock surge 5.25% during the intraday session on Wednesday, driven by positive analyst sentiment and robust fiscal 2025 earnings.

The company reported full-year revenue of $766.3 million, a significant increase from $379 million in the previous year, and earnings of $1.25 per share, up from a loss of 69 cents per share. Despite a Q4 revenue miss, CleanSpark's strategic focus on Bitcoin and AI expansion has bolstered investor confidence.

Analysts at Needham maintained a Buy rating and raised their price target to $25 from $23, citing the company's growth potential. CleanSpark's CEO, Matt Schultz, emphasized the company's evolution into a "compute platform" optimized for AI and Bitcoin workloads, further fueling the stock's upward momentum.

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(NASDAQ: CLSK) saw its stock surge 5.25% during the intraday session on Wednesday, driven by positive analyst sentiment and robust fiscal 2025 earnings.</p><p>The company reported full-year revenue of $766.3 million, a significant increase from $379 million in the previous year, and earnings of $1.25 per share, up from a loss of 69 cents per share. Despite a Q4 revenue miss, CleanSpark's strategic focus on Bitcoin and AI expansion has bolstered investor confidence.</p><p>Analysts at Needham maintained a Buy rating and raised their price target to $25 from $23, citing the company's growth potential. 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