Should I buy or sell ClearSign Technologies stock right now?

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for ClearSign Technologies in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" CLIR shares. View CLIR analyst ratings or view top-rated stocks .

What is ClearSign Technologies' stock price target for 2024?

1 Wall Street analysts have issued 12 month price targets for ClearSign Technologies' shares. Their CLIR share price targets range from $6.00 to $6.00. On average, they expect the company's stock price to reach $6.00 in the next twelve months. This suggests a possible upside of 445.5% from the stock's current price. View analysts price targets for CLIR or view top-rated stocks among Wall Street analysts .

How have CLIR shares performed in 2023?

ClearSign Technologies' stock was trading at $0.5360 on January 1st, 2023. Since then, CLIR stock has increased by 105.2% and is now trading at $1.10. View the best growth stocks for 2023 here .

Are investors shorting ClearSign Technologies?

ClearSign Technologies saw a decline in short interest in the month of November. As of November 15th, there was short interest totaling 349,700 shares, a decline of 12.8% from the October 31st total of 401,200 shares. Based on an average daily trading volume, of 60,900 shares, the days-to-cover ratio is currently 5.7 days. Currently, 1.1% of the shares of the stock are short sold. View ClearSign Technologies' Short Interest .

When is ClearSign Technologies' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, April 4th 2024. View our CLIR earnings forecast .

How were ClearSign Technologies' earnings last quarter?

ClearSign Technologies Co. (NASDAQ:CLIR) announced its quarterly earnings results on Thursday, May, 18th. The technology company reported ($0.04) EPS for the quarter, hitting the consensus estimate of ($0.04). The technology company had revenue of $0.89 million for the quarter, compared to the consensus estimate of $0.60 million. ClearSign Technologies had a negative net margin of 471.33% and a negative trailing twelve-month return on equity of 71.15%. During the same period last year, the business posted ($0.05) EPS.

What other stocks do shareholders of ClearSign Technologies own?

Based on aggregate information from My MarketBeat watchlists, some companies that other ClearSign Technologies investors own include T2 Biosystems (TTOO) , FuelCell Energy (FCEL) , Co-Diagnostics (CODX) , OPKO Health (OPK) , VBI Vaccines (VBIV) , Biocept (BIOC) , Ocean Power Technologies (OPTT) , Sorrento Therapeutics (SRNE) and Heat Biologics (HTBX) .

Who are ClearSign Technologies' major shareholders?

ClearSign Technologies' stock is owned by many different retail and institutional investors. Top institutional shareholders include HighTower Advisors LLC (0.33%), Stifel Financial Corp (0.10%) and Concourse Financial Group Securities Inc. (0.00%). Insiders that own company stock include Bruce Alan Pate and Robert Thurston Sr Hoffman Sr. View institutional ownership trends .

How do I buy shares of ClearSign Technologies?

Shares of CLIR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull , Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here .

ClearSign Technologies Stock Price, News & Analysis (NASDAQ:CLIR)

$1.10

-0.02 (-1.79%)

(As of 12/6/2023 ET)

Compare

Today's Range: $1.09
▼
$1.15
50-Day Range: $0.80
▼
$1.50
52-Week Range: $0.50
▼
$1.75

Volume: 70,473 shs
Average Volume: 55,722 shs
Market Capitalization: $42.43 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $6.00

ClearSign Technologies MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 445.5% Upside
$6.00 Price Target
Short Interest: Healthy
1.14% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.34
Based on 2 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: Growing
From ($0.15) to ($0.14) Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.26 out of 5 stars

Industrial Products Sector

63rd out of 146 stocks

Process Control Instruments Industry

6th out of 9 stocks

3.5

Analyst's Opinion

Consensus Rating
ClearSign Technologies has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $6.00, ClearSign Technologies has a forecasted upside of 445.5% from its current price of $1.10.
Amount of Analyst Coverage
ClearSign Technologies has only been the subject of 1 research reports in the past 90 days.

4.0

Short Interest

Percentage of Shares Shorted
1.14% of the float of ClearSign Technologies has been sold short.
Short Interest Ratio / Days to Cover
ClearSign Technologies has a short interest ratio ("days to cover") of 5.7.
Change versus previous month
Short interest in ClearSign Technologies has recently decreased by 12.84%, indicating that investor sentiment is improving significantly.

0.0

Dividend Strength

Dividend Yield
ClearSign Technologies does not currently pay a dividend.
Dividend Growth
ClearSign Technologies does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for CLIR.

3.0

News and Social Media Coverage

News Sentiment
ClearSign Technologies has a news sentiment score of 0.34. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.56 average news sentiment score of Industrial Products companies.
News Coverage This Week
MarketBeat has tracked 2 news articles for ClearSign Technologies this week, compared to 1 article on an average week.
Search Interest
5 people have searched for CLIR on MarketBeat in the last 30 days. This is an increase of 400% compared to the previous 30 days.
MarketBeat Follows
3 people have added ClearSign Technologies to their MarketBeat watchlist in the last 30 days. This is an increase of 200% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, ClearSign Technologies insiders have not sold or bought any company stock.
Percentage Held by Insiders
23.10% of the stock of ClearSign Technologies is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
Only 6.86% of the stock of ClearSign Technologies is held by institutions.

0.6

Earnings and Valuation

Earnings Growth
Earnings for ClearSign Technologies are expected to grow in the coming year, from ($0.15) to ($0.14) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of ClearSign Technologies is -7.86, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of ClearSign Technologies is -7.86, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
ClearSign Technologies has a P/B Ratio of 4.40. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About ClearSign Technologies Stock (NASDAQ:CLIR)

ClearSign Technologies Corporation designs and develops technologies to enhance operational performance, energy efficiency, emission reduction, safety, and overall cost-effectiveness of industrial and commercial systems in the United States and the People's Republic of China. Its ClearSign Core Burner Technology consists of an industrial burner body and a downstream porous ceramic structure or metal flame stabilizing device; ClearSign Core Plug & Play Burner technology provides direct burner replacement for traditional refinery process heaters; and ClearSign Eye Flame Sensor, an electrical flame sensor for industrial applications. The company also provides ClearSign Core Boiler Burner; and ClearSign Core Flaring Burners technologies. It serves energy, institutional, commercial and industrial boiler, chemical, and petrochemical industries. The company was formerly known as ClearSign Combustion Corporation and changed its name ClearSign Technologies Corporation in November 2019. ClearSign Technologies Corporation was incorporated in 2008 and is headquartered in Tulsa, Oklahoma.

CLIR Stock Price History

30 days | 90 days | 365 days | Advanced Chart

CLIR Stock News Headlines

December 2, 2023 | americanbankingnews.com

ClearSign Technologies (NASDAQ:CLIR) Share Price Passes Below 200 Day Moving Average of $1.16

December 2, 2023 | americanbankingnews.com

StockNews.com Begins Coverage on ClearSign Technologies (NASDAQ:CLIR)

December 7, 2023 | Edge On The Street (Ad)

Energy Storage Trend Ignites Frenzy Over Vanadium Supply

As the world shifts to renewables such as wind and solar, how will we store all this energy? Vanadium batteries are the breakthrough that some experts predict will be the future of grid-scale energy storage. The problem is, only 5% of vanadium is mined in the U.S. - and China and Russia have a stranglehold on our supply.

November 28, 2023 | thestreet.com

ClearSign Technologies Corporation

November 25, 2023 | finance.yahoo.com

ClearSign Technologies (NASDAQ:CLIR) delivers shareholders notable 98% return over 1 year, surging 59% in the last week alone

November 15, 2023 | finance.yahoo.com

ClearSign Technologies (CLIR) Q3 Earnings Surpass Estimates

November 15, 2023 | finance.yahoo.com

ClearSign Technologies Corporation (NASDAQ:CLIR) Q3 2023 Earnings Call Transcript

November 14, 2023 | benzinga.com

ClearSign Technologies: Q3 Earnings Insights

December 7, 2023 | Edge On The Street (Ad)

Energy Storage Trend Ignites Frenzy Over Vanadium Supply

November 14, 2023 | finance.yahoo.com

ClearSign Technologies Corporation Provides Third Quarter 2023 Update

November 7, 2023 | finance.yahoo.com

ClearSign Technologies Corporation Announces Hire of Matthew Martin as Chief Technology Officer

October 31, 2023 | finance.yahoo.com

ClearSign Technologies Corporation Announces Third Quarter Conference Call

October 17, 2023 | finance.yahoo.com

3 Explosive Penny Stocks With 10X Potential in One Year

September 20, 2023 | msn.com

ClearSign secures support, collaboration from SoCalGas for hydrogen project

September 20, 2023 | msn.com

ClearSign Secures SoCalGas Support And Funding For Hydrogen Low NOx Burner Project

September 20, 2023 | finance.yahoo.com

ClearSign Technologies Corporation Receives Support and Collaboration from SoCalGas for its Flexible Hydrogen Fueled Ultra Low NOx Process Burner Project

September 19, 2023 | finance.yahoo.com

ClearSign Technologies Corporation to Present at iAccess Alpha's - Top 10 Best Ideas from the Buyside Virtual Conference - September 26th - 27th, 2023

September 1, 2023 | markets.businessinsider.com

H.C. Wainwright Reaffirms Their Buy Rating on ClearSign Combustion (CLIR)

August 31, 2023 | finance.yahoo.com

ClearSign Technologies Corporation Provides Second Quarter 2023 Update

August 30, 2023 | msn.com

Clearsign Technologies Q2 2023 Earnings Preview

August 29, 2023 | finance.yahoo.com

ClearSign Technologies Corporation Awarded Phase 2 Grant from Department of Energy to Commercialize a Flexible Hydrogen Fueled Ultra Low NOx Process Burner

August 10, 2023 | finance.yahoo.com

ClearSign Technologies Corporation Announces Second Quarter Conference Call

August 8, 2023 | finance.yahoo.com

ClearSign Technologies Corporation Announces Promotion of Brent Hinds to Chief Financial Officer

August 1, 2023 | finance.yahoo.com

ClearSign Technologies Corporation Announces Hire of Tina Oby Unachukwu as Director of Customer Relationships and Business Development

July 13, 2023 | finance.yahoo.com

ClearSign Technologies Collaboration Partner Narion Corp. Receives SBIR Grant to Develop Flare Methane Sensor

June 15, 2023 | finance.yahoo.com

ClearSign Technologies Corporation Announces Reincorporation in the State of Delaware

May 30, 2023 | seekingalpha.com

Why Hold ClearSign After Its Share Price Tripled

See More Headlines

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Company Calendar

Last Earnings: 5/18/2023
Today: 12/07/2023
Fiscal Year End: 12/31/2023
Next Earnings (Estimated): 4/04/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Process control instruments
Sub-Industry: N/A
Sector: Industrial Products
Current Symbol: NASDAQ:CLIR
CUSIP: N/A
CIK: 1434524
Web: www.clearsign.com
Phone: (206) 673-4848
Fax: 206-299-3553
Employees: 16
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $6.00
High Stock Price Target: $6.00
Low Stock Price Target: $6.00
Potential Upside/Downside: +445.5%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 1 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.14)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-5,760,000.00
Net Margins: -471.33%
Pretax Margin: -471.33%
Return on Equity: -71.15%
Return on Assets: -54.90%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 2.73
Quick Ratio: 2.73

Sales & Book Value

Annual Sales: $370,000.00
Price / Sales: 114.67
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $0.25 per share
Price / Book: 4.40

Miscellaneous

Outstanding Shares: 38,570,000
Free Float: 29,657,000
Market Cap: $42.43 million
Optionable: Optionable
Beta: 1.20

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Key Executives

Dr. Colin James Deller Ph.D. (Age 55)
CEO, President, Corporate Secretary & Director
Comp: $471.97k
Mr. Brent Hinds (Age 44)
CFO & Treasurer
Comp: $277.44k
Mr. Matthew Martin
Chief Technology Officer
Louis Basenese
Vice President of Corporate Communications
Mr. Stephen Michael Sock
Senior Vice President of Business Development

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

CLIR Stock Analysis - Frequently Asked Questions

Should I buy or sell ClearSign Technologies stock right now?: 1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for ClearSign Technologies in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" CLIR shares.
View CLIR analyst ratings or view top-rated stocks.
What is ClearSign Technologies' stock price target for 2024?: 1 Wall Street analysts have issued 12 month price targets for ClearSign Technologies' shares. Their CLIR share price targets range from $6.00 to $6.00. On average, they expect the company's stock price to reach $6.00 in the next twelve months. This suggests a possible upside of 445.5% from the stock's current price.
View analysts price targets for CLIR or view top-rated stocks among Wall Street analysts.
How have CLIR shares performed in 2023?: ClearSign Technologies' stock was trading at $0.5360 on January 1st, 2023. Since then, CLIR stock has increased by 105.2% and is now trading at $1.10.
View the best growth stocks for 2023 here.
Are investors shorting ClearSign Technologies?: ClearSign Technologies saw a decline in short interest in the month of November. As of November 15th, there was short interest totaling 349,700 shares, a decline of 12.8% from the October 31st total of 401,200 shares. Based on an average daily trading volume, of 60,900 shares, the days-to-cover ratio is currently 5.7 days. Currently, 1.1% of the shares of the stock are short sold.
View ClearSign Technologies' Short Interest.
When is ClearSign Technologies' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, April 4th 2024.
View our CLIR earnings forecast.

How were ClearSign Technologies' earnings last quarter?: ClearSign Technologies Co. (NASDAQ:CLIR) announced its quarterly earnings results on Thursday, May, 18th. The technology company reported ($0.04) EPS for the quarter, hitting the consensus estimate of ($0.04). The technology company had revenue of $0.89 million for the quarter, compared to the consensus estimate of $0.60 million. ClearSign Technologies had a negative net margin of 471.33% and a negative trailing twelve-month return on equity of 71.15%. During the same period last year, the business posted ($0.05) EPS.
What other stocks do shareholders of ClearSign Technologies own?: Based on aggregate information from My MarketBeat watchlists, some companies that other ClearSign Technologies investors own include T2 Biosystems (TTOO), FuelCell Energy (FCEL), Co-Diagnostics (CODX), OPKO Health (OPK), VBI Vaccines (VBIV), Biocept (BIOC), Ocean Power Technologies (OPTT), Sorrento Therapeutics (SRNE) and Heat Biologics (HTBX).
Who are ClearSign Technologies' major shareholders?: ClearSign Technologies' stock is owned by many different retail and institutional investors. Top institutional shareholders include HighTower Advisors LLC (0.33%), Stifel Financial Corp (0.10%) and Concourse Financial Group Securities Inc. (0.00%). Insiders that own company stock include Bruce Alan Pate and Robert Thurston Sr Hoffman Sr.
View institutional ownership trends.
How do I buy shares of ClearSign Technologies?: Shares of CLIR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

This page (NASDAQ:CLIR) was last updated on 12/7/2023 by MarketBeat.com Staff

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