CLNECLNEEnergy · Oil & Gas Refining & Marketing

CLNE Stock Forecast: Clean Energy Fuels Corp. Price Predictions for 2026-2027

Last close, 7 Oct 2026
$1.53
−1.92% on the day

The 6 Wall Street analysts covering Clean Energy Fuels Corp. hold a median 12-month price target of $3.38 — +120.6% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 59 of 100 as at 6 Oct 2026 — in the upper half.

Market cap
$343.9M
Ticker Nerd rank
59 / 100
Median analyst target
$3.38
Analysts covering
6
Revenue$106.4M+3.7% y/y
Operating income−$5.1M
Net income−$15.0M
Free cash flow$24.2M
Quarterly, 8 quarters to 30 June 2026 · latest quarter's figure shown
Total return, dividends reinvested
1W
−1.9%
1M
−7.3%
YTD
−27.1%
1Y
−42.3%
From 52W high
−50.0%
From 52W low
0.0%
$1.53
$3.06
52-week range, adjusted closes · the dot is the last close
Ticker Nerd rank

CLNE stock analysis: one number for the whole business

Consensus tells you what everyone already believes. The model scores Clean Energy Fuels Corp. on its factor families — the same systematic rank behind the Ticker Nerd portfolio.

Where the model ranks itAs at 6 Oct 2026
59 / 100

Percentile across ~4,600 US stocks on Ticker Nerd’s systematic factor model. Higher is better. How the model is built and tested

Accruals
94
Issuance
91
Growth
88
Size
59
Value
41
Revisions
34
Quality
34
Volatility
26
Momentum
26

Accruals (94): Reported profit is backed by cash, and the company is not expanding recklessly.

Momentum (26): The shares have been drifting down relative to others.

Built and run by Aslam Ghouse, an ex-Goldman Sachs quant trader with fourteen years in markets.

Wall Street

CLNE stock forecast 2026-2027: analyst price targets & predictions

The bullish and bearish analyst opinions on CLNE, reported as data — targets and ratings, the market's view beside the model's.

Share price and the analyst range, 12 monthsAdjusted close, US dollars
$1.00$2.00$3.00$4.00$5.00$6.00$7.00Jan 26Apr 26Jul 26Oct 26CLNEHigh $7.00Median $3.38Low $1.80

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

Data provided by Twelve Data

What Wall Street says6 analysts
4 Buy2 Hold0 Sell
Low $1.80Median $3.38High $7.00

The green dot is the last close — the median target sits +120.6% from it.

Recent analyst actionsNewest first
DateFirmActionRatingTarget
12 Aug 2025UBSMaintainsBuy$2.00 → $2.75
8 Aug 2025JefferiesDowngradeHold$2.20
9 May 2025Lake StreetMaintainsBuy—
11 Apr 2025ScotiabankMaintainsSector Outperform—
25 Feb 2025Raymond JamesReiteratesStrong Buy—
3 Sept 2024ScotiabankMaintainsSector Outperform—
18 Apr 2024Piper SandlerMaintainsOverweight—
11 Apr 2024ScotiabankMaintainsSector Outperform—
3 Apr 2024Raymond JamesMaintainsStrong Buy—
6 Mar 2024ScotiabankMaintainsSector Outperform—
23 Jan 2024StifelMaintainsBuy—
27 Nov 2023StifelMaintainsBuy—
3 Oct 2023Raymond JamesUpgradeStrong Buy—
5 Sept 2023Northland Capital MarketsInitiatesOutperform—
22 Aug 2023StifelMaintainsBuy—
13 July 2023StifelInitiatesBuy—
6 June 2023Piper SandlerMaintainsOverweight—
5 Apr 2023Raymond JamesUpgradeOutperform—
6 Mar 2023TD CowenMaintainsMarket Perform—
28 Feb 2023Piper SandlerInitiatesOverweight—

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

Market Radar

This page is one stock. Monday covers all of them.

Computed off the Friday close and sent before the US open.

Market Radar reports the week’s largest rank changes across roughly 4,600 US stocks, the factor behind each one, and where the market went. CLNE appears on the weeks it earns a place.

Free, every Monday. Unsubscribe any time.

Performance

CLNE vs the S&P 500

Both lines are total return — dividends reinvested — so the comparison is honest on both sides.

Over the twelve months to 7 Oct 2026, Clean Energy Fuels Corp. returned −42.3% against +17.7% for the S&P 500, dividends included.

CLNE vs S&P 500, last 12 monthsTotal return, rebased to 100
6080100120Jan 26Apr 26Jul 26Oct 26CLNES&P 500

Download this chart as an image — free to reuse; link this page as the source.

Data provided by Twelve Data

Estimates

CLNE analyst estimate revisions

Not the forecast itself — the direction analysts are revising it. Revision direction is one of the model's factor families.

Which way the estimates are movingNext fiscal year
Analysts raising
0
Analysts cutting
1
Fundamentals

Clean Energy Fuels Corp. (CLNE) financial data

A margin means little on its own. Each bar marks where the figure sits across the whole US universe we score.

Valuation
Trailing P/E
−1.5×

Cheaper than 84% of US stocks

Price / sales
0.8×

Cheaper than 74% of US stocks

Price / book
0.6×

Cheaper than 82% of US stocks

EV / EBITDA
38.4×

Cheaper than 7% of US stocks

Growth & margins
Revenue growth (YoY)
3.7%

Higher than 35% of US stocks

Earnings growth (YoY)
3.7%

Higher than 40% of US stocks

Gross margin
18.3%

Higher than 19% of US stocks

Operating margin
−4.8%

Higher than 27% of US stocks

Net margin
−21.3%

Higher than 15% of US stocks

Returns & dividend
Return on equity
−16.4%

Higher than 33% of US stocks

Return on assets
−1.7%

Higher than 38% of US stocks

Dividend yield
0.0%

Higher than 1% of US dividend payers

Bars mark the percentile across the ~4,600 US stocks Ticker Nerd covers, among those reporting the figure.

Key statistics

Clean Energy Fuels Corp. (CLNE) statistics: revenue, profit & scale

The headline figures, each with its date. Every row carries its own link — cite it straight from here.

  • Clean Energy Fuels Corp. has a market value of $343.9M and an enterprise value of $533.8M.

  • Revenue in the twelve months to 30 June 2026: $442.4M. The latest quarter grew 3.7% year on year.

  • Net income over the same four quarters: −$94.8M, a −21.4% net margin.

  • Diluted earnings per share, trailing twelve months: $−0.44.

  • Free cash flow in the twelve months to 30 June 2026: $8.4M.

  • Clean Energy Fuels Corp. spent $37K on share buybacks in the twelve months to 30 June 2026.

  • Shares outstanding: 220.4M.

  • Trailing P/E: −1.5×; forward P/E: −39.0× — the forward figure prices analyst consensus estimates, not reported earnings.

  • Forward dividend yield: 0.00%, paying out 0% of earnings.

  • Clean Energy Fuels Corp. employs 503 people — $879K of revenue per employee.

Statement figures: company filings via Twelve Data, four quarters to 30 June 2026 · market figures as at 7 Oct 2026

Data provided by Twelve Data

Peers

CLNE vs competitors

The nearest names by industry and size, scored by the same model — like for like.

Its peer group, ranked by the same modelOil & Gas Refining & Marketing
CompanyMarket capTKN rank
CLNEClean Energy Fuels Corp.$343.9M
59
APCARKO Petroleum Corp.$752.5M
1
WKCWorld Kinect Corp.$1.9B
99
PARRPar Pacific Holdings, Inc.$4.4B
98
DKDelek US Holdings, Inc.$4.5B
97
CVICVR Energy, Inc.$5.8B
94
PNRGPrimeEnergy Resources Corp.*$343.8M
91

* Nearest Energy names by size — few oil & gas refining & marketing companies of this scale trade in the US universe.

Look up any of the roughly 4,600 stocks we score.

The rank is the raw material. Whether the rules would actually own Clean Energy Fuels Corp. — and when they’d sell — is the membership. See the Ticker Nerd 20 →

News

Latest CLNE news & analysis

Clean Energy Names JJ Armstrong Chief Financial Officer

Business Wire · 6 Oct 2026neutral

Clean Energy Fuels named JJ Armstrong its new CFO, effective immediately, succeeding Robert Vreeland. Armstrong has been with the company since 2014.

Why it matters — The leadership change is relevant to CLNE watchers tracking the company’s executive team.

Clean Energy Fuels: Sell-Off Is An Attractive Buying Opportunity

Seeking Alpha · 6 Oct 2026positive

Clean Energy Fuels shares fell roughly 50% as the market reacted to the EPA's August 2026 RIN-relief decision, which the article characterises as an overreaction to perceived regulatory risk. The EPA paired temporary RIN relief with a structural offset that reallocated 770 million RINs into 2026-2027 obligations, supporting longer-dated RIN values.

Why it matters — CLNE watchers would care because the company's revenue is significantly tied to RINs and LCFS credits, which remain critical to renewable natural gas project economics and quarterly performance.

Why Clean Energy Fuels Stock Slumped This Week

The Motley Fool · 21 Aug 2026positive

Clean Energy Fuels stock slumped this week. Despite the decline, the analyst cited remains highly bullish on the company's future and maintained his strong buy recommendation.

Why it matters — CLNE watchers would care because, despite a weekly stock slump, the analyst's maintained strong buy rating signals continued confidence in the company's outlook.

Why Clean Energy Fuels Stock Is Soaring Today

The Motley Fool · 11 Aug 2026positive

Clean Energy Fuels reported Q2 2026 revenue that exceeded analysts' estimates. Management projects profitability growth in the company's upstream business.

Why it matters — A CLNE watcher would care because stronger-than-expected revenue and projected upstream profitability growth indicate improving operational performance.

Clean Energy Fuels Corp. (CLNE) Q2 2026 Earnings Call Transcript

Seeking Alpha · 7 Aug 2026neutral

Clean Energy Fuels Corp. held its Q2 2026 earnings call, during which management discussed the company's financial performance and operational results for the quarter.

Why it matters — Earnings calls provide direct insight into the company's financial health and strategic direction, making this a key event for shareholders and potential investors.

FAQ

Frequently asked questions about CLNE stock

What is the CLNE stock price forecast for 2026-2027?

The 6 Wall Street analysts covering Clean Energy Fuels Corp. have a median 12-month price target of $3.38, with estimates ranging from $1.8 to $7. These are third-party analyst estimates, not Ticker Nerd forecasts, and they are frequently wrong.

Is CLNE stock a buy right now?

Of the 6 analysts covering Clean Energy Fuels Corp., 4 rate it a Buy, 2 a Hold and 0 a Sell. Ticker Nerd's systematic factor model ranks Clean Energy Fuels Corp. 59 out of 100 across roughly 4,600 US stocks as at 6 Oct 2026. None of this is personal advice — it does not consider your circumstances.

How does Ticker Nerd's model rank CLNE?

As at 6 Oct 2026, Clean Energy Fuels Corp. ranks 59 out of 100 on Ticker Nerd's systematic factor model — a percentile across roughly 4,600 US stocks, built from its factor families. Its strongest factor family is Accruals (94 of 100).

Will CLNE stock go up?

No one can know that. What the data says: the median 12-month target from 6 analysts implies +120.6% from the last close, and Ticker Nerd's factor model ranks Clean Energy Fuels Corp. 59 out of 100 as at 6 Oct 2026. Analyst targets are third-party estimates and frequently wrong; none of this is personal advice.

What is the CLNE stock forecast for 2030?

No analyst covering Clean Energy Fuels Corp. publishes a 2030 price target — Wall Street targets run 12 to 18 months out. Sites quoting a 2030 price for CLNE are extrapolating price history, which says nothing about the business. The furthest attributed numbers are the current analyst targets: $1.8 to $7 over the next 12 months.

How has CLNE stock performed over the past year?

Clean Energy Fuels Corp. returned -42.3% over the 12 months to 7 Oct 2026, with dividends reinvested. Past performance does not indicate future returns.

What does Clean Energy Fuels Corp. do?

Clean Energy Fuels Corp. is a transportation fuel company that supplies renewable natural gas, compressed natural gas, and liquefied natural gas to vehicle fleets across the United States and Canada.

What is the latest news on CLNE?

The most recent item we track (Business Wire, 6 Oct 2026): "Clean Energy Names JJ Armstrong Chief Financial Officer". Clean Energy Fuels named JJ Armstrong its new CFO, effective immediately, succeeding Robert Vreeland. Armstrong has been with the company since 2014.

Company

About Clean Energy Fuels Corp.

Clean Energy Fuels Corp. is a transportation fuel company that supplies renewable natural gas, compressed natural gas, and liquefied natural gas to vehicle fleets across the United States and Canada. The company serves a wide range of commercial and municipal customers, including transit buses, airport shuttles, refuse trucks, and heavy-duty freight operators, with fuel solutions designed for lower-carbon operations. Clean Energy Fuels also develops, builds, operates, and maintains fueling stations, while providing related equipment, maintenance, and station services for public and private fleet customers. In addition to fuel delivery, the company operates renewable natural gas production facilities, including projects tied to dairy farms and other organic waste sources, supporting the broader use of methane capture in transportation. Clean Energy Fuels Corp. is headquartered in Newport Beach, California, and focuses on serving the clean fuel infrastructure market for fleets that rely on high-volume, dedicated fueling networks.

CEO Mr. Barclay F. Corbus · 503 employees · United States · https://www.cleanenergyfuels.com