Other High-Performing Stocks: Are there other stocks that provide better prospects with proven track records? Explore our free list of these great stocks here.Management Team: An experienced management team on the helm increases our confidence in the business – take a look at who sits on CleanSpark’s board and the CEO’s background.Valuation: What is CleanSpark worth today? Has the future growth potential already been factored into the price? The intrinsic value infographic in our free research report helps visualize whether CleanSpark is currently mispriced by the market.We've also put together a list of key aspects you should further examine:
For a more comprehensive look at CleanSpark, take a look at CleanSpark's company page on Simply Wall St. There are key fundamentals of CleanSpark which are not covered in this article, but we must stress again that this is merely a basic overview. If this rate turns out to be too aggressive, the company may become profitable much later than analysts predict. It turns out an average annual growth rate of 37% is expected, which signals high confidence from analysts. The company is therefore projected to breakeven around a year from now or less! We calculated the rate at which the company must grow to meet the consensus forecasts predicting breakeven within 12 months. They anticipate the company to incur a final loss in 2020, before generating positive profits of US$16m in 2021.
Cleanspark forecast software#
Many investors are wondering about the rate at which CleanSpark will turn a profit, with the big question being “when will the company breakeven?” In this article, we will touch on the expectations for the company's growth and when analysts expect it to become profitable.Ĭonsensus from 2 of the American Software analysts is that CleanSpark is on the verge of breakeven.
The US$483m market-cap company posted a loss in its most recent financial year of US$23m and a latest trailing-twelve-month loss of US$16m shrinking the gap between loss and breakeven. provides energy software and control technology solutions worldwide. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.With the business potentially at an important milestone, we thought we'd take a closer look at CleanSpark, Inc.'s (NASDAQ:CLSK) future prospects. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Regardless of method or technology, however, to accurately forecast the stock or bond market is more a matter of luck rather than a particular technique. Predictive Modules for CleanSparkThere are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as CleanSpark. Instead, consider using either the moving average model or the more general weighted moving average model with a higher (i.e., greater than 1) number of periods, and possibly a different set of weights.
It is unlikely that you'll want to use this model directly to predict CleanSpark. This model is simplistic and is included partly for completeness and partly because of its simplicity. This model is not at all useful as a medium-long range forecasting tool of CleanSpark.
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