Clearone Communications (CLRO) AI Stock Analysis

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Clearone Communications

(NASDAQ:CLRO)

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Rating:44Neutral

Price Target:$4.00▼(-3.85% Downside)

Action:reiterated

Date:11/11/26

The score is primarily constrained by sharply weakened financial performance (zero reported TTM revenue, deep losses, negative free cash flow, and negative equity). Corporate events add meaningful downside risk due to Nasdaq delisting uncertainty and potential dilution from below-market financing. Technical indicators are only moderately supportive, while valuation remains difficult to justify given ongoing losses and no dividend support.

Positive Factors

Low absolute leverageVery low debt reduces recurring interest obligations and avoids the refinancing burden associated with heavily leveraged businesses. If operations stabilize, this comparatively light debt load could preserve more flexibility for working capital, restructuring, or investment than a highly indebted balance sheet would allow.

Negative Factors

Severe revenue and earnings deteriorationZero reported trailing revenue alongside negative gross profit and large operating and net losses indicates a severely impaired current operating run-rate. The deterioration from near-breakeven results in 2023 to deeper losses in later periods undermines earnings visibility and makes internally funded recovery more difficult.

Clearone Communications (CLRO) vs. SPDR S&P 500 ETF (SPY)

Market Cap: $11.13M
Dividend Yield: ―
Average Volume (3M): 3.54M
Price to Earnings (P/E): -1.3
Beta (1Y): 2.16
Revenue Growth: -100.00%
EPS Growth: -54.46%
Country: US
Employees: 80
Sector: Technology
Sector Strength: 61
Industry: Communication Equipment

Clearone Communications Business Overview & Revenue Model

Company Description

ClearOne, Inc., established in 1983 and headquartered in Salt Lake City, Utah, specializes in the design, development, and sale of advanced communication solutions. The company provides a comprehensive suite of conferencing, collaboration, and networ...

Clearone Communications Financial Statement Overview

Summary

Financial statements indicate severe deterioration: TTM shows zero reported revenue, negative gross profit, and large operating/net losses. Cash flow is currently weak with sustained operating and free cash flow outflows, implying ongoing funding pressure. Despite low debt, equity has turned negative in 2025 and remains negative in TTM, materially increasing solvency and flexibility risk.

Income Statement

7Very Negative

Balance Sheet

18Very Negative

Cash Flow

10Very Negative

Financial statement breakdown
Breakdown	TTM	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022
Income Statement
Total Revenue	0	0	11.39M	18.70M	25.20M	28.97M
Gross Profit	-588.00K	-328.00K	2.63M	6.36M	9.46M	11.92M
EBITDA	-3.55M	-4.26M	-8.59M	1.75M	31.45M	-3.98M
Net Income	-7.05M	-26.08M	-8.98M	-560.00K	20.56M	-7.69M
Balance Sheet
Total Assets	623.00K	2.30M	26.54M	50.69M	83.75M	66.19M
Cash, Cash Equivalents and Short-Term Investments	18.00K	220.00K	1.42M	21.32M	984.00K	2.86M
Total Debt	0	513.00K	771.00K	1.05M	4.87M	6.67M
Total Liabilities	1.71M	3.01M	5.21M	6.01M	9.62M	14.69M
Stockholders Equity	-1.09M	-714.00K	21.33M	44.69M	74.13M	51.50M
Cash Flow
Free Cash Flow	-6.08M	-7.52M	-6.31M	54.25M	-4.23M	-4.62M
Operating Cash Flow	-6.10M	-7.52M	-6.12M	54.63M	-4.18M	-4.39M
Investing Cash Flow	2.93M	2.91M	4.19M	-4.88M	2.08M	-8.51M
Financing Cash Flow	0	3.97M	-14.47M	-32.89M	2.05M	10.21M

Clearone Communications Technical Analysis

Technical Analysis SentimentPositive

Last Price4.16

Price Trends

50DMA4.27Positive

100DMA5.05Negative

200DMA4.63Positive

Market Momentum

MACD0.27Negative

RSI54.58Neutral

STOCH42.58Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For CLRO, the sentiment is Positive. The current price of 4.16 is above the 20-day moving average (MA) of 3.87, below the 50-day MA of 4.27, and below the 200-day MA of 4.63, indicating a bullish trend. The MACD of 0.27 indicates Negative momentum. The RSI at 54.58 is Neutral, neither overbought nor oversold. The STOCH value of 42.58 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for CLRO.

Clearone Communications Risk Analysis

Clearone Communications disclosed 22 risk factors in its most recent earnings report. Clearone Communications reported the most risks in the "Finance & Corporate" category.

Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy

Latest Risks Added

3 New Risks

1.Our Nevada Reincorporation may affect the rights of our stockholders with respect to certain corporation actions.Q2, 2026

2.Combining the two companies may be more difficult, costly or time consuming than expected, and the combined company may not realize all of the anticipated benefits of the Merger.Q2, 2026

3.The Merger and the Financing may not be completed, which would have a material adverse effect on us.Q2, 2026

Clearone Communications Peers Comparison

Overall Rating

UnderperformOutperform

Sector (61)

Financial Indicators

CLRO against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
CSCO	69Neutral	$386.41B	29.21	27.39%	1.70%	11.77%	27.65%
UI	69Neutral	$41.49B	38.71	80.33%	0.50%	29.37%	35.44%
Sector *	61Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
AUDC	58Neutral	$196.63M	27.05	5.33%	4.74%	2.98%	-33.18%
LTRX	55Neutral	$206.09M	-54.81	-3.35%	―	4.38%	69.84%
NTGR	45Neutral	$515.35M	-11.35	-10.34%	―	-3.25%	-33.30%
CLRO	44Neutral	$11.13M	-1.31	-2771.43%	―	-100.00%	-54.46%

* Technology Sector Average

Performance Comparison

CLRO and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
CLRO	Clearone Communications	4.16	-1.82	-30.43%
AUDC	Audiocodes	8.44	-0.87	-9.33%
CSCO	Cisco	98.15	25.54	35.16%
LTRX	Lantronix	4.39	-0.80	-15.41%
NTGR	Netgear	19.63	-10.10	-33.97%
UI	Ubiquiti Networks Inc	685.94	104.34	17.94%

Clearone Communications Corporate Events

Business Operations and StrategyPrivate Placements and Financing

ClearOne Communications Secures Favorable Short-Term Liquidity Loan

Positive

Oct 15, 2026

On October 14, 2026, ClearOne, Inc. entered into a loan agreement with First Finance Ltd., effective October 7, 2026, under which First Finance will provide a non-interest-bearing loan of $200,000 to the company. The loan carries customary default pr...

Delistings and Listing ChangesRegulatory Filings and Compliance

ClearOne Faces Nasdaq Delisting, Plans Compliance Hearing

Negative

Oct 13, 2026

On April 7, 2026, ClearOne received notice from Nasdaq that it no longer met the continued listing requirements, specifically the $2.5 million minimum stockholders’ equity threshold under Listing Rule 5550(b)(1). After Nasdaq granted an exception per...

Private Placements and FinancingRegulatory Filings and Compliance

ClearOne Communications Approves Major Below-Market Equity Financing

Negative

Aug 26, 2026

On August 25, 2026, ClearOne, Inc. obtained written consent from majority stockholder First Finance, Ltd. to approve the issuance of units composed of common stock and warrants for up to $15 million in gross proceeds at a price below the Nasdaq-defin...

Business Operations and StrategyM&A TransactionsPrivate Placements and Financing

ClearOne Grants Equity to Advisors for Merger Support

Neutral

Aug 11, 2026

On August 7, 2026, ClearOne, Inc. entered into advisor agreements with First Finance Ltd., Betelgeuse Capital Advisors Inc., Gang3 Capital Ltd. and JJK Holdings Ltd., formalizing compensation for past and ongoing advisory services through the issuanc...

Glossary

BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.

Date of analysis: Nov 11, 2026

Clearone Communications AI Stock Analysis