Reading CLIR? Track it free: the weekly brief, plus an alert if the thesis breaks. No credit card.
Track CLIR free→Reading CLIR? Track it free: the weekly brief, plus an alert if the thesis breaks. No credit card.
Track CLIR free→NASDAQIndustrialsPollution & Treatment ControlsSnapshot 2026-06-16
Recent financial performance sits well below its industry cohort — worth keeping an eye on, though it has not freshly broken.
Recent financial performance is weak, and the company was unprofitable over the past year, so its earnings quality can't be assessed. Management's recent track record has been fairly steady, but the capital stance is capital unfriendly, and risk is high. The sector backdrop is a headwind, and compared with sector peers, it is below typical. Peer multiples imply a price about 559% below where it trades (it looks expensive on this basis); the read is rich. This analysis is provisional.
Daily closes. Earnings/event dots are placed inline.
A consensus fair price across 1 valuation methods, at three horizons. Current price $4.12. Estimates are diagnostics, not price targets. Short-horizon estimates are close to coin-flips, so confidence is a method-agreement read, not a prediction.
No-growth: today's peer multiple on trailing earnings. The headline read.
Embeds projected growth. Leans optimistic by design. Upside context.
We take the 12-month fair value above and grade our own number — how the market prices this name versus what we'd justify, and where the two diverge.
At $4.13 CLIR trades at 5× p/s — 2.5× the 2× p/s peer median. The market is re-rating it beyond its own range; our $1.68 fair value is low-confidence here. Not investment advice.
One valuation read at a 12-month horizon, plus how price compares to peers and the company's own history.
The market is pricing in roughly 147% near-term growth, well above our forecast of about 71%. This describes what's priced in, not a forecast of the move.
TTM earnings are negative, so the read leans on sales- and cash-flow-based methods rather than P/E. This is a data condition, not a forward call.
Only expensive valuation — not the full expensive x weak x turbulent stack.
For similar setups historically (n=20,154): about 33% saw a 20%+ drawdown, and roughly 76% of those did not recover within the year. These are historical base rates for the cohort, not a forecast of this stock.
Each factor is a parallel diagnostic with a clear read of what it shows and how names like it have historically fared. Never aggregated into a single score.
Operating income rose in 1 of the last 3 quarter-over-quarter moves. Historically, Industrials names rated weak grew net income 58% of the time over the next year (vs 62% for the rest of the cohort, n=3678).
Over the trailing year it converted 0.89x of net income into operating cash flow.
Most sensitive to the broad stock market.
Not enough signal to read sensitivity to long-term interest rates, the US dollar, real (inflation-adjusted) rates, Fed net liquidity.
6 material management or governance events in the past 24 months, led by legal/regulatory items. Historically, Industrials names rated neutral grew net income 59% of the time over the next year (vs 60% for the rest of the cohort, n=1113).
The next print and the backdrop around it (sector regime and the AI cycle). Context for the path, not a forecast of returns.
EPS estimate $-0.28 → $-0.27 (+5.4% / 30d). 0 raised, 1 cut, 2 covering analysts.
0 upgrades, 0 downgrades / 30d. 100% of analysts rate Buy.
0 positive, 1 negative / 30d. See F4 management tile for the event list.
How management runs the business: capital, margins, balance sheet, and how reliably they guide and deliver.
A guidance track record builds as the company issues and delivers on guidance.
Priorities management has stated in recent disclosures, with status and evidence drawn from earnings calls, filings, and press releases.
What a normal day, a bad day, and the worst of the last year would mean for a $10,000 position.
On a typical day, $10k can swing ±$301.
How much price usually moves either way.
On a bad day, this stock has moved -$892.
A rough but not unusual down day (about the 95th percentile).
In the worst 12 months, $10k could have lost $6,736.
Deepest peak-to-trough drop in the last year.
Past results, not a forecast. Not investment advice.
The most important moves since the prior daily snapshot.
No material changes since the prior snapshot.
as of 2026-06-16
Specific, dated things to watch for, each with what would confirm it and what would prove it wrong.
Why it matters: If the industrial sector's revenue growth speeds up, it may benefit ClearSign. This could improve its market outlook.
Confirms:Sector revenue growth exceeds 5% year over year.
Disproves:Sector revenue growth remains below 5% year over year.
Recent news graded against this company's own objectives — whether it reinforces or challenges the thesis, and how confirmed it is.
No graded news catalysts for CLIR yet.
Conditional scenarios: if X happens, the view would shift in this direction. These are not predictions.
No upside scenarios in the latest snapshot.
No downside scenarios in the latest snapshot.
Recent SEC 8-K filings ranked by likely impact, confidence, and recency.
Entry into a Material Definitive Agreement. On May 28, 2026, ClearSign Technologies Corporation (the “Company”) entered into an underwriting agreement (the “Underwriting Agreement”) with Newbridge Securities Corporation (the “Underwriter”), relating to a firm-commitment underwritten public offering (the “Offering”), for the issuance and sale to primarily existing stockholders of the Company of 777,780 shares (the “Firm Shares”) of the Company’s common stock, par value $0.0001 per share (the “…
Whether the overall read has been drifting up or down lately, and how it's changed since last week.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Long-thesis check; widest uncertainty.
TTM earnings are negative. P/E-based methods drop out and the estimate leans on sales- and cash-flow-based methods. A data condition, not a forward call.
Looks more expensive than peers.
Self-history needs ~20 months of data.
Trailing four: 2024-Q2, 2025-Q1, 2025-Q2, 2026-Q1
A side-by-side read on sector standing, valuation, and risk versus Environmental & Facilities Services.
| Stock | Sector standing | Valuation | Risk |
|---|---|---|---|
CLIR ClearSign Technologies Corp | Below typical Show detailsSector percentile: 3 of 100 | expensive | high |
WM Waste Management | Above typical Show detailsSector percentile: 77 of 100 | fair | moderate |
RSG Republic Services | Above typical Show detailsSector percentile: 82 of 100 | fair | moderate |
ROL Rollins, Inc. | Typical Show detailsSector percentile: 65 of 100 | expensive | moderate |
VLTO Veralto | Above typical Show detailsSector percentile: 99 of 100 | fair | moderate |
Not investment advice. As of 2026-06-16.
via XLI
Tailwind = sector leading the S&P 500; headwind = trailing. Both can be constructive. Historically, headwind regimes have averaged stronger forward returns than tailwind.
Context label only: describes the market state (e.g. real bear vs narrative panic, healthy uptrend vs late-stage froth). It is not a per-ticker buy/sell signal and does not predict factor performance.
Not investment advice. As of 2026-06-16.
Management aims to achieve $5.2 million in revenue for the fiscal year 2026.
Newly stated in 2026-Q1. Revenue for 2026-Q1 was $191,000, indicating a significant gap to the $5.2 million annual target. The trajectory shows limited progress towards the stated goal.
“Guidance: 'Annual Revenue Up 44% to Record $5.2 Million.'”
Management is focused on improving operating income, which has been negative.
Newly stated in 2026-Q1. Operating income was -$2,279,000 in 2026-Q1, showing a need for improvement. The trajectory remains negative, indicating limited progress in achieving positive operating income.
“Operating income was negative at -$2,279,000 for 2026-Q1.”
Management aims to enhance gross profit, which has been negative.
Newly stated in 2026-Q1. Gross profit was -$393,000 in 2026-Q1, indicating a need for enhancement. The trajectory is negative, showing limited progress in improving gross profit.
“Gross profit was negative at -$393,000 for 2026-Q1.”
Results of Operations and Financial Condition. To the extent required, the information set forth below in
Other Events. On May 26, 2026, ClearSign Technologies Corporation (the “Company”) notified H.C. Wainwright & Co., LLC (“Wainwright”) that it suspended the use of and terminated the prospectus supplement filed with the Securities and Exchange Commission (the “SEC”) on July 17, 2025 (the “ATM Prospectus Supplement”), which forms a part of the Company’s “shelf” registration statement on Form S-3 (File No. 333-288736) that became effective on July 28, 2025, relating to the At The Market Offering…
Results of Operations and Financial Condition. To the extent required, the information set forth below in
Results of Operations and Financial Condition. To the extent required by