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CLIR Stock Chart & Stats
$4.53
$0.36(10.32%)
At close: 4:00 PM EDT
$4.53
$0.36(10.32%)
Day’s Range― - ―
52-Week Range$2.12 - $10.21
Previous CloseN/A
Volume16.04K
Average Volume (3M)23.93K
Market Cap
$16.61M
Enterprise Value$12.00M
Total Cash (Recent Filing)$9.89M
Total Debt (Recent Filing)$117.00K
Price to Earnings (P/E)―
Beta2.67
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. Volume23,374
30 Day Avg. Volume23,934
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 Cap0.72
Enterprise Value/Revenue2.20
Enterprise Value/Gross Profit11.90
Enterprise Value/Ebitda-2.41
Forecast
1Y Price Target
$20.00Price Target Upside341.50% 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 Revenue MomentumThe sharp year-over-year revenue increase demonstrates improving customer adoption and commercial execution across flare systems, CFD studies, and spare parts. If additional orders convert, this momentum could support a materially larger revenue base over the next several quarters.
Low Financial LeverageMinimal leverage reduces interest burden and near-term balance-sheet stress, giving ClearSign more flexibility to fund product development, sales efforts, and customer deployments. The sizable equity cushion also provides some resilience while the company works toward commercial profitability.
Growing Order Pipeline And Market ReachMultiple orders, licensing activity, and process-burner development indicate that ClearSign is broadening adoption beyond individual projects. The combination of midstream, refinery, and licensing opportunities expands its addressable market and creates several potential paths to durable revenue growth.
Bears Say
Persistent Operating LossesThe company has not yet reached the scale needed to cover its operating cost structure, so revenue growth is not translating into sustainable earnings. Continued large losses could require further financing and may erode the equity cushion before commercial expansion produces sufficient operating leverage.
Ongoing Cash BurnNegative operating and free cash flow show that ClearSign is not currently self-funding its operations. Persistent cash consumption limits the resources available for research, sales, and project execution, while making future capital needs dependent on successful order conversion and improved profitability.
Project Conversion And Timing RiskLarge project opportunities may not become booked revenue on management’s expected schedule, even when customer interest is strong. Financing delays and limited visibility into proposals can create uneven results, complicating planning and delaying the scale required to improve margins and cash generation.
ClearSign Combustion News
CLIR FAQ
What was ClearSign Combustion’s price range in the past 12 months?
ClearSign Combustion lowest stock price was $2.12 and its highest was $10.21 in the past 12 months.
What is ClearSign Combustion’s market cap?
ClearSign Combustion’s market cap is $16.61M.
When is ClearSign Combustion’s upcoming earnings report date?
ClearSign Combustion’s upcoming earnings report date is Nov 25, 2026 which is in 34 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
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
▲(341.50% Upside)
Technical Analysis
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Ownership Overview
26.40% Insiders
1.55% Mutual Funds
0.03% Other Institutional Investors
70.43% Public Companies and
Individual Investors