ClearSign Technologies Stock Forecast

Stock Price Forecast

The 1 analyst with a 12-month price forecast for CLIR stock has a target of 6.00, which predicts an increase of 400.50% from the current stock price of 1.20.

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$6.00	$6.00	$6.00	$6.00
Change	+400.50%	+400.50%	+400.50%	+400.50%

* Price targets were last updated on Aug 22, 2024.

Analyst Ratings

According to 1 stock analyst, the rating for CLIR is "Strong Buy". This means that the analyst believes this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating	Jun '24	Jul '24	Aug '24	Sep '24	Oct '24	Nov '24
Strong Buy	1	1	1	1	1	1
Buy	0	0	0	0	0	0
Hold	0	0	0	0	0	0
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	1	1	1	1	1	1

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Amit Dayal HC Wainwright & Co.	HC Wainwright & Co.	Strong Buy Reiterates $6	Strong Buy	Reiterates	$6	+400.50%	Aug 22, 2024
Amit Dayal HC Wainwright & Co.	HC Wainwright & Co.	Strong Buy Reiterates $6	Strong Buy	Reiterates	$6	+400.50%	May 28, 2024
Amit Dayal HC Wainwright & Co.	HC Wainwright & Co.	Strong Buy Reiterates $6	Strong Buy	Reiterates	$6	+400.50%	Apr 24, 2024
Amit Dayal HC Wainwright & Co.	HC Wainwright & Co.	Strong Buy Reiterates $6	Strong Buy	Reiterates	$6	+400.50%	Nov 16, 2023
Amit Dayal HC Wainwright & Co.	HC Wainwright & Co.	Strong Buy Reiterates $6	Strong Buy	Reiterates	$6	+400.50%	Sep 1, 2023

More Analyst Ratings

Financial Forecast

Revenue This Year

4.07M

from 2.40M

69.16%

from 2.40M

Revenue Next Year

21.98M

from 4.07M

440.76%

from 4.07M

EPS This Year

-0.13

from -0.13

EPS Next Year

0.01

from -0.13

Fiscal Year	FY 2019	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	-	-	607.00K	374.00K	2.40M	4.07M	21.98M	47.72M
Revenue Growth	-	-	-	-38.39%	542.51%	69.16%	440.76%	117.08%
EPS	-0.32	-0.25	-0.25	-0.16	-0.13	-0.13	0.01	0.19
EPS Growth	-	-	-	-	-	-	-	1,800.00%
Forward PE	-	-	-	-	-	-	117.53	6.19
No. Analysts	-	-	-	-	-	3	3	3

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025	2026
High	4.2M	22.6M	49.1M
Avg	4.1M	22.0M	47.7M
Low	3.9M	21.1M	45.8M

Revenue Growth

Revenue Growth	2024	2025	2026
High	74.1%	456.7%	123.5%
Avg	69.2%	440.8%	117.1%
Low	62.5%	419.6%	108.6%

EPS Forecast

EPS	2024	2025	2026
High	-0.14	0.01	0.20
Avg	-0.13	0.01	0.19
Low	-0.13	0.01	0.19

EPS Growth

EPS Growth	2024	2025	2026
High	-	-	1,855.9%
Avg	-	-	1,800.0%
Low	-	-	1,725.5%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.