Northland Initiates CleanSpark (CLSK) at Outperform with $22.50 PT on Strategic AI Pivot

2 weeks ago 9

Maham Fatima

Mon, January 19, 2026 astatine 7:02 AM CST 2 min read

CleanSpark Inc. (NASDAQ:CLSK) is 1 of the best aboriginal stocks to bargain for the agelong term. On January 13, Northland started sum of CleanSpark with an Outperform standing and a terms people of $22.50. As a starring Bitcoin miner, the institution presently operates astir 50 EH/s of capableness wrong the US. The steadfast highlighted that CleanSpark is diversifying its infrastructure by expanding into HPC and AI datacenters. Northland believes that this displacement creates abundant opportunities for the institution to unafraid HPC lease agreements connected highly favorable presumption implicit the adjacent to mean term.

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Additionally, connected January 8, Maxim besides initiated sum of CleanSpark Inc. (NASDAQ:CLSK) with a Buy standing and $22 terms people connected the shares. Maxim Group noted that CleanSpark is pivoting from its accepted absorption connected Bitcoin mining assets to AI information centers to capitalize connected surging infrastructure demand.

Northland Initiates CleanSpark (CLSK) astatine Outperform with $22.50 PT connected Strategic AI Pivot

This enlargement is supported by the acquisition of a 285MW tract successful Texas (made earlier successful October 2025) and a full of ~1.5GW of contracted powerfulness secured by November 2025. The steadfast highlighted that CleanSpark’s contiguous entree to powerfulness gives it a competitory borderline and allows it to determination faster than rivals who are presently stalled by important support delays.

CleanSpark Inc. (NASDAQ:CLSK) operates arsenic a bitcoin mining institution successful the Americas. The institution owns, leases, and operates information centers and powerfulness assets.

While we admit the imaginable of CLSK arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you’re looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

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Disclosure: None. This nonfiction is primitively published at Insider Monkey.