The Clean Energy Fuels Corp (CLNE) share price is expected to increase by 159.86% over the next year. This is based on calculating the average 12-month share price estimate provided by 9 stock analysts who have covered CLNE. Price targets range from $4 at the low end to $22 at the high end. The current analyst consensus for CLNE is a buy. Please note analyst price targets are not guaranteed and could be missed completely.
CLNE is a stock in Energy which has been forecasted to be worth $7.25 as an average. On the higher end, the forecast price is $22 USD by from and on the lower end CLNE is forecasted to be $4 by Ryan Todd from Piper Sandler.
These are the latest 20 analyst ratings of CLNE.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
Paul Cheng Scotiabank | Sector Outperform | $6 | Maintains | Sep 3, 2024 |
Ryan Todd Piper Sandler | Overweight | $4 | Maintains | Apr 18, 2024 |
Paul Cheng Scotiabank | Sector Outperform | $5 | Maintains | Apr 11, 2024 |
Pavel Molchanov Raymond James | Strong Buy | $5 | Maintains | Apr 3, 2024 |
Paul Cheng Scotiabank | Sector Outperform | $6 | Maintains | Mar 6, 2024 |
Derrick Whitfield Stifel | Buy | $6.5 | Maintains | Jan 23, 2024 |
Derrick Whitfield Stifel | Buy | $8 | Maintains | Nov 27, 2023 |
Pavel Molchanov Raymond James | Strong Buy | $6 | Upgrade | Oct 3, 2023 |
Abhishek Sinha Northland Capital Markets | Outperform | $7.5 | Initiates | Sep 5, 2023 |
Stifel | Buy | Maintains | Aug 22, 2023 | |
Stifel | Buy | Initiates | Jul 13, 2023 | |
Ryan Todd Piper Sandler | Overweight | $7 | Maintains | Jun 6, 2023 |
Pavel Molchanov Raymond James | Outperform | $6 | Upgrade | Apr 5, 2023 |
Jason Gabelman TD Cowen | Market Perform | $5.5 | Maintains | Mar 6, 2023 |
Ryan Todd Piper Sandler | Overweight | $8 | Initiates | Feb 28, 2023 |
Manav Gupta UBS | Buy | $12 | Initiates | Dec 14, 2022 |
Lloyd Byrne Jefferies | Buy | $9 | Initiates | Oct 19, 2022 |
Paul Cheng Scotiabank | Sector Outperform | $13 | Initiates | Sep 8, 2022 |
Pavel Molchanov Raymond James | Market Perform | Downgrade | Aug 16, 2022 | |
Manav Gupta Credit Suisse | Outperform | $12.5 | Maintains | May 17, 2022 |
When did it IPO
2007
Staff Count
566
Country
United States
Sector/Industry
Energy/Oil & Gas Refining & Marketing
CEO
Mr. Andrew J. Littlefair
Market Cap
$623.4M
In 2023, CLNE generated $425.2M in revenue, which was a increase of 1.19% from the previous year. This can be seen as a signal that CLNE's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Summary - Clean Energy Fuels Corp. (NASDAQ: CLNE) announced new contracts for renewable natural gas, fueling infrastructure, and maintenance, highlighting strong demand and a successful sales quarter.
Why It Matters - Clean Energy Fuels Corp.'s new deals and strong RNG sales indicate growing demand and revenue potential, signaling positive future performance and market positioning for investors.
Summary - Ambarella (NASDAQ: AMBA) has partnered with LG Electronics to present an advanced Driver Monitoring System (DMS) at CES 2025.
Why It Matters - The Ambarella and LG partnership highlights innovation in automotive technology, potentially boosting Ambarella's stock and attracting investor interest in green tech advancements.
Summary - In Q3, CLNE sold 59.6 million gallons of renewable natural gas, an increase from 56.7 million gallons in the same quarter last year.
Why It Matters - CLNE's increased sales of renewable natural gas signals growing demand and potential revenue growth, which may boost investor confidence and impact stock performance positively.
Summary - Northstar Clean Technologies (OTCMKTS: ROOOF) secured an additional $2.7 million from its non-revolving loan facility with the Business Development Bank of Canada on November 25th.
Why It Matters - Northstar Clean Technologies securing $2.7 million enhances its financial stability, potentially boosting its growth prospects and attractiveness in the green sector for investors.
Summary - Clean Energy Fuels Corp. (CLNE) held its Q3 2024 earnings call, discussing financial performance and strategic initiatives. Detailed insights are available in the transcript.
Why It Matters - Clean Energy Fuels Corp.'s Q3 2024 earnings reveal financial performance and strategic direction, impacting stock valuation and investor sentiment in the clean energy sector.
Summary - Clean Energy Fuels Corp. reported Q3 2024 revenue of $104.9 million, up from $95.6 million in Q3 2023. The net loss narrowed to $(18.2) million, or $(0.08) per share.
Why It Matters - Clean Energy Fuels Corp. reported revenue growth and a reduced net loss in Q3 2024, indicating improved financial performance and potential for future profitability, which may attract investor interest.