- ClearSign Technologies secures a pivotal contract enhancing its market presence.
- Analysts predict substantial stock upside, with an average target suggesting a 190.57% increase.
- GuruFocus provides a GF Value estimate, indicating a potential 196.38% growth.
ClearSign Technologies (CLIR, Financial) has successfully clinched a significant contract with Rogue Combustion, under the umbrella of California Boiler. The contract pertains to delivering a 500HP boiler burner destined for a rental boiler setup, with operations slated to commence in the latter part of the year.
Wall Street Analysts' Forecast on ClearSign Technologies
Delving into the one-year price targets set by analysts, ClearSign Technologies Corp (CLIR, Financial) holds an average target price of $2.00. This unanimous target estimate indicates a high and low of $2.00, suggesting a robust potential upside of 190.57% from its current trading price of $0.69. For a deeper analysis, visit the ClearSign Technologies Corp (CLIR) Forecast page.
The average brokerage recommendation for ClearSign Technologies Corp stands at 2.0, reflecting an "Outperform" rating. This rating is derived from a scale where 1 signifies a Strong Buy and 5 denotes a Sell, demonstrating positive sentiment from the lone brokerage firm covering the stock.
GuruFocus Estimates: GF Value and Market Potential
According to GuruFocus, the estimated GF Value of ClearSign Technologies Corp (CLIR, Financial) in a year is $2.04. This estimation emphasizes a potential upside of 196.38% compared to the current stock price of $0.6883. The GF Value is a meticulous calculation by GuruFocus, reflecting the stock's fair trading value based on historical trading multiples, past business growth, and future performance projections. For comprehensive data, refer to the ClearSign Technologies Corp (CLIR) Summary page.
These insights provide a promising outlook for investors considering ClearSign Technologies, pointing towards substantial growth and investment potential within the coming year.
