Clean Energy Fuels Corp

Clean Energy Fuels Corp Stock Forecast & Price Prediction

Live Clean Energy Fuels Corp Stock (CLNE) Price
$2.79

9

Ratings

  • Buy 8
  • Hold 1
  • Sell 0
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$2.79

P/E Ratio

-6.20

Volume Traded Today

$2.2M

Dividend

Dividends not available for CLNE

52 Week High/low

4.13/2.17

Clean Energy Fuels Corp Market Cap

$623.4M

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CLNE Summary

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 Analyst Ratings

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.

CLNE stock forecast by analyst

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

CLNE Company Information

What They Do: Provides natural gas as alternative fuels.

Business Model: The company supplies renewable natural gas (RNG), compressed natural gas (CNG), and liquefied natural gas (LNG) to medium and heavy-duty vehicle fleets, generating revenue from fuel sales and fueling solutions. It also offers operation and maintenance services for fueling stations and sells equipment for RNG production. Additionally, it capitalizes on government credits and incentives related to alternative fuels.

Other Information: Clean Energy Fuels Corp. targets sectors like heavy-duty trucking, public transit, and government fleets. Established in 2001 and headquartered in Newport Beach, California, the company is focused on expanding its RNG projects, particularly in dairy and livestock waste management.
CLNE
Clean Energy Fuels Corp (CLNE)

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

Clean Energy Fuels Corp (CLNE) Financial Data

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

$291.7M

Revenue From 2021

$255.6M

-12.37 %
From Previous Year

Revenue From 2022

$420.2M

64.35 %
From Previous Year

Revenue From 2023

$425.2M

1.19 %
From Previous Year
  • Revenue TTM $413.4M
  • Operating Margin TTM -8.1%
  • Gross profit TTM $35.9M
  • Return on assets TTM -1.6%
  • Return on equity TTM -10.2%
  • Profit Margin -17.3%
  • Book Value Per Share 3.24%
  • Market capitalisation $623.4M
  • Revenue for 2021 $255.6M
  • Revenue for 2022 $420.2M
  • Revenue for 2023 $425.2M
  • EPS this year (TTM) $-0.33

Clean Energy Fuels Corp (CLNE) Latest News

News Image

Thu, 05 Dec 2024

Sentiment - NEUTRAL

Source - Business Wire

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.

News Image

Thu, 05 Dec 2024

Sentiment - POSITIVE

Source - Green Stock News

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.

News Image

Tue, 26 Nov 2024

Sentiment - NEUTRAL

Source - Zacks Investment Research

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.

News Image

Mon, 25 Nov 2024

Sentiment - NEUTRAL

Source - Green Stock News

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.

News Image

Wed, 06 Nov 2024

Sentiment - NEUTRAL

Source - Seeking Alpha

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.

News Image

Wed, 06 Nov 2024

Sentiment - NEUTRAL

Source - Business Wire

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.

...

CLNE Frequently asked questions

The highest forecasted price for CLNE is $22 from at .

The lowest forecasted price for CLNE is $4 from Ryan Todd from Piper Sandler

The CLNE analyst ratings consensus are 8 buy ratings, 1 hold ratings, and 0 sell ratings.