FY2025 Earnings Forecast for CLIR Issued By HC Wainwright

ClearSign Technologies Corporation (NASDAQ:CLIR) – Investment analysts at HC Wainwright lifted their FY2025 earnings estimates for ClearSign Technologies in a report released on Thursday, November 20th. HC Wainwright analyst A. Dayal now expects that the technology company will post earnings per share of ($0.12) for the year, up from their previous forecast of ($0.14). The consensus estimate for ClearSign Technologies’ current full-year earnings is ($0.13) per share.

Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of ClearSign Technologies in a research report on Monday, November 17th. One analyst has rated the stock with a Buy rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, ClearSign Technologies currently has a consensus rating of “Hold” and a consensus price target of $2.00.

ClearSign Technologies Stock Performance

NASDAQ CLIR opened at $0.78 on Monday. The firm’s 50 day moving average price is $0.84 and its two-hundred day moving average price is $0.68. ClearSign Technologies has a twelve month low of $0.46 and a twelve month high of $1.72. The stock has a market cap of $41.40 million, a price-to-earnings ratio of -7.07 and a beta of 1.20.

ClearSign Technologies (NASDAQ:CLIR) last released its quarterly earnings results on Friday, November 14th. The technology company reported ($0.03) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.04) by $0.01. The business had revenue of $1.03 million for the quarter, compared to analyst estimates of $1.43 million. ClearSign Technologies had a negative net margin of 203.65% and a negative return on equity of 47.61%.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of CLIR. Integrity Alliance LLC. acquired a new stake in shares of ClearSign Technologies during the 1st quarter valued at about $30,000. Northwestern Mutual Wealth Management Co. raised its position in ClearSign Technologies by 895.3% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 71,730 shares of the technology company’s stock valued at $40,000 after acquiring an additional 64,523 shares in the last quarter. Finally, Beacon Pointe Advisors LLC acquired a new stake in ClearSign Technologies in the second quarter valued at approximately $145,000. 24.03% of the stock is owned by institutional investors and hedge funds.

ClearSign Technologies Company Profile

ClearSign Technologies Corporation designs and develops products and technologies to enhance emission and operational performance, energy efficiency, emission reduction, safety, and overall cost-effectiveness of industrial and commercial systems in the United States, the People's Republic of China, and Hong Kong.