HC Wainwright Has Pessimistic Outlook of CLIR Q2 Earnings

ClearSign Technologies Corporation (NASDAQ:CLIR) – Stock analysts at HC Wainwright decreased their Q2 2026 earnings estimates for ClearSign Technologies in a report released on Thursday, May 21st. HC Wainwright analyst A. Dayal now forecasts that the technology company will earn ($0.30) per share for the quarter, down from their prior estimate of ($0.28). HC Wainwright has a “Buy” rating and a $20.00 price objective on the stock. The consensus estimate for ClearSign Technologies’ current full-year earnings is ($1.06) per share. HC Wainwright also issued estimates for ClearSign Technologies’ Q3 2026 earnings at ($0.23) EPS, Q4 2026 earnings at ($0.17) EPS, FY2026 earnings at ($1.11) EPS, FY2028 earnings at $0.26 EPS and FY2029 earnings at $1.63 EPS.

Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of ClearSign Technologies in a research note on Friday, March 27th. One analyst has rated the stock with a Buy rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $20.00.

ClearSign Technologies Trading Down 4.5%

NASDAQ:CLIR opened at $4.63 on Wednesday. The stock has a 50 day moving average of $4.83 and a two-hundred day moving average of $6.01. ClearSign Technologies has a 12 month low of $3.24 and a 12 month high of $11.20. The firm has a market cap of $25.06 million, a P/E ratio of -4.68 and a beta of 1.38.

ClearSign Technologies (NASDAQ:CLIR) last released its earnings results on Wednesday, May 20th. The technology company reported ($0.39) EPS for the quarter, missing analysts’ consensus estimates of ($0.29) by ($0.10). The company had revenue of $0.19 million for the quarter, compared to analysts’ expectations of $1.27 million. ClearSign Technologies had a negative return on equity of 61.24% and a negative net margin of 111.66%.

Institutional Investors Weigh In On ClearSign Technologies

Large investors have recently made changes to their positions in the stock. Rockefeller Capital Management L.P. lifted its position in ClearSign Technologies by 801.4% during the fourth quarter. Rockefeller Capital Management L.P. now owns 81,209 shares of the technology company’s stock worth $45,000 after buying an additional 72,200 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its stake in shares of ClearSign Technologies by 895.3% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 71,730 shares of the technology company’s stock worth $40,000 after acquiring an additional 64,523 shares during the last quarter. Renaissance Technologies LLC increased its stake in shares of ClearSign Technologies by 89.6% in the 4th quarter. Renaissance Technologies LLC now owns 77,800 shares of the technology company’s stock worth $43,000 after acquiring an additional 36,769 shares during the last quarter. Finally, Americana Partners LLC raised its holdings in shares of ClearSign Technologies by 83.3% during the 4th quarter. Americana Partners LLC now owns 55,000 shares of the technology company’s stock worth $31,000 after acquiring an additional 25,000 shares during the period. 24.03% of the stock is currently owned by hedge funds and other institutional investors.

About ClearSign Technologies

ClearSign Technologies Corporation is a clean energy technology company specializing in advanced combustion solutions that significantly reduce emissions of nitrogen oxides (NOx), carbon monoxide (CO), and greenhouse gases from industrial and power generation sources. Established in 2010 and based in Santa Rosa, California, ClearSign has developed proprietary burner and sensing platforms designed to enhance fuel efficiency and environmental performance for gas turbines, furnaces, boilers, and incineration units.

The company’s core offerings center around two technology platforms: the XCL™ ultra-low NOx combustion system and the SGM™ (Syngas & Gas Measurement) sensor suite.