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CLIR Stock Chart & Stats
$3.49
$0.36(10.32%)
At close: 4:00 PM EDT
$3.49
$0.36(10.32%)
Day’s Range― - ―
52-Week Range$3.16 - $11.20
Previous CloseN/A
Volume16.04K
Average Volume (3M)1.58M
Market Cap
$32.95M
Enterprise Value$12.00
Total Cash (Recent Filing)$9.89M
Total Debt (Recent Filing)$117.00K
Price to Earnings (P/E)―
Beta2.51
Next Earnings
Nov 25, 2026EPS Estimate
-0.2Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.92
Shares Outstanding6,807,455
10 Day Avg. Volume421,856
30 Day Avg. Volume1,581,167
Financial Highlights & Ratios
PEG Ratio0.56
Price to Book (P/B)3.24
Price to Sales (P/S)5.90
P/FCF Ratio-6.38
Enterprise Value/Market Cap<0.01
Enterprise Value/Revenue<0.01
Enterprise Value/Gross Profit<0.01
Enterprise Value/Ebitda>-0.01
Forecast
1Y Price Target
$20.00Price Target Upside473.07% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)-0.88
Revenue Forecast (FY)$4.31M
Bulls Say, Bears Say
Bulls Say
Commercial TractionSharp year-over-year growth and multiple burner orders indicate improving customer adoption. Converting part of the roughly 50-proposal pipeline provides a foundation for larger recurring sales as midstream, flare and process-burner opportunities develop.
Low Financial LeverageMinimal debt limits interest and refinancing pressure while the equity cushion supports continued commercialization. The balance sheet gives ClearSign more flexibility to fund engineering, sales and deployment than a highly leveraged structure would.
Expanding Technology MarketsProgress in refinery retrofits, process burners and hydrogen-capable systems broadens the addressable market beyond existing midstream applications. These capabilities can support adoption where emissions regulation and decarbonization require cleaner industrial heat.
Bears Say
Persistent Operating LossesThe current revenue base is insufficient to cover the company’s cost structure, leaving profitability highly dependent on substantial order conversion and scale. Continued losses can consume the equity cushion and delay the point at which the business becomes self-sustaining.
Ongoing Cash BurnNegative operating and free cash flow show that commercialization still requires external funding rather than internally generated cash. This limits strategic flexibility and raises the importance of timely collections, successful installations and improved gross-to-operating leverage.
Small Scale And Conversion RiskDespite strong percentage growth, absolute revenue remains modest and several opportunities are still proposals or delayed projects. Uncertain conversion and customer financing can make revenue lumpy, complicating planning and postponing the scale needed for sustainable margins.
ClearSign Combustion News
CLIR FAQ
What was ClearSign Combustion’s price range in the past 12 months?
ClearSign Combustion lowest stock price was $3.16 and its highest was $11.20 in the past 12 months.
What is ClearSign Combustion’s market cap?
ClearSign Combustion’s market cap is $32.95M.
When is ClearSign Combustion’s upcoming earnings report date?
ClearSign Combustion’s upcoming earnings report date is Nov 25, 2026 which is in 91 days.
How were ClearSign Combustion’s earnings last quarter?
ClearSign Combustion released its earnings results on Aug 19, 2026. The company reported -$0.22 earnings per share for the quarter, beating the consensus estimate of -$0.25 by $0.03.
Is ClearSign Combustion overvalued?
According to Wall Street analysts ClearSign Combustion’s price is currently Undervalued.
Does ClearSign Combustion pay dividends?
ClearSign Combustion does not currently pay dividends.
What is ClearSign Combustion’s EPS estimate?
ClearSign Combustion’s EPS estimate is -0.2.
How many shares outstanding does ClearSign Combustion have?
ClearSign Combustion has 6,807,455 shares outstanding.
What happened to ClearSign Combustion’s price movement after its last earnings report?
ClearSign Combustion reported an EPS of -$0.22 in its last earnings report, beating expectations of -$0.25. Following the earnings report the stock price went up 6.477%.
Which hedge fund is a major shareholder of ClearSign Combustion?
Currently, no hedge funds are holding shares in CLIR
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
ClearSign Combustion Stock Smart Score
Neutral
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Analyst Consensus
Moderate Buy
Average Price Target:
$20.00 (473.07% Upside)
$20.00 (473.07% Upside)
Blogger Sentiment
Bullish
CLIR Sentiment 100%
Sector Average ―
Sector Average ―
Insider Transactions
Bought Shares
Worth $1.8M over
the Last 3 Months
the Last 3 Months
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
2.40%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
-14.34%
Trailing 12-Months
Company Description
ClearSign Combustion
ClearSign Technologies Corporation, founded in 2008 and headquartered in Tulsa, Oklahoma, is a company focused on inventing and refining products and technological solutions. Operating in both the United States and the People's Republic of China, its mission is to optimize the operational effectiveness, energy consumption, and safety of industrial and commercial systems, while simultaneously decreasing harmful emissions and overall expenses. The company's key product lines include the ClearSign Core Burner Technology, an advanced system combining an industrial burner with a specialized porous ceramic or metallic flame stabilizing structure. For the refinery sector, the ClearSign Core Plug & Play technology offers a straightforward, direct replacement for existing process heaters. Additionally, the ClearSign Eye Flame Sensor provides an electronic flame detection system tailored for various industrial applications. ClearSign also extends its offerings to include specialized ClearSign Core Boiler Burners and ClearSign Core Flaring Burners technologies. ClearSign Technologies serves a broad spectrum of industries, encompassing energy, institutional, commercial and industrial boiler operations, chemical manufacturing, and petrochemical processing. The organization was previously known as ClearSign Combustion Corporation before rebranding to ClearSign Technologies Corporation in November 2019.
CLIR Earnings Call
Q2 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call conveyed meaningful commercial momentum: large YoY revenue growth, multiple M‑Series orders (including the company’s first licensing arrangement), active process‑burner and flare project pipeline, a strategic Board appointment, and an equity raise that improved cash position. Counterbalancing these positives are higher operating cash burn (timing of collections), modest absolute revenue today, at least one project on hold for client financing, and continued timing/visibility uncertainty for converting proposals into booked revenue. Management presented cautious optimism with several near‑term catalysts (Texas start‑up in October, flare start‑up in California, process‑burner testing) that could materially de‑risk revenue realization if they succeed.View all CLIR earnings summariesCLIR Stock 12 Month Forecast
Average Price Target
$20.00
▲(473.07% Upside)
Technical Analysis
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Ownership Overview
26.40% Insiders
1.55% Mutual Funds
1.09% Other Institutional Investors
69.37% Public Companies and
Individual Investors