Clean Energy Fuels (CLNE) Stock Forecast, Price Target & Predictions

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CLNE Stock Forecast

Clean Energy Fuels stock forecast is as follows: an average price target of $5.00 (represents a 78.57% upside from CLNE’s last price of $2.80) and a rating consensus of 'Strong Buy', based on 2 wall street analysts offering a 1-year stock forecast.

CLNE Price Target

The average price target for Clean Energy Fuels (CLNE) is $5.00 based on 1-year price targets from 2 Wall Street analysts in the past 3 months, with a price target range of $5.00 to $5.00. This represents a potential 78.57% upside from CLNE's last price of $2.80.

CLNE Analyst Ratings

Strong Buy

According to 2 Wall Street analysts, Clean Energy Fuels's rating consensus is 'Strong Buy'. The analyst rating breakdown for CLNE stock is 1 'Strong Buy' (50.00%), 1 'Buy' (50.00%), 0 'Hold' (0.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

Clean Energy Fuels Price Target by Analyst

Date	Analyst	Company	Price Target	Price when Published	Price Target/Price when Published	Price Target/Last Closing Price
Apr 03, 2024	Pavel Molchanov	Raymond James	$5.00	$2.52	98.41%	78.57%
Apr 05, 2023	Pavel Molchanov	Raymond James	$6.00	$4.26	40.68%	114.29%

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The latest Clean Energy Fuels stock forecast, released on Apr 03, 2024 by Pavel Molchanov from Raymond James, set a price target of $5.00, which represents a 98.41% increase from the stock price at the time of the forecast ($2.52), and a 78.57% increase from CLNE last price ($2.80).

Clean Energy Fuels Price Target by Period

	1M	3M	12M
# Anlaysts	-	-	1
Avg Price Target	-	-	$5.00
Last Closing Price	$2.80	$2.80	$2.80
Upside/Downside	-100.00%	-100.00%	78.57%

In the current month, the average price target of Clean Energy Fuels stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Clean Energy Fuels's last price of $2.80. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades

Date	Company	Previous Rating	New Rating	Rating Change
Apr 03, 2024	Raymond James	Strong Buy	Strong Buy	Hold
Oct 03, 2023	Raymond James	Outperform	Strong Buy	Upgrade
Aug 16, 2022	Raymond James	Market Perform	Outperform	Upgrade
Aug 16, 2022	Raymond James	Market Perform	Market Perform	Downgrade
May 17, 2022	Credit Suisse	Outperform	Outperform	Hold
May 10, 2022	Raymond James	-	Market Perform	Upgrade
May 10, 2022	Raymond James	-	Outperform	Upgrade

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Clean Energy Fuels's last stock rating was published by Raymond James on Apr 03, 2024. The company gave CLNE a "Strong Buy" rating, the same as its previous rate.

Clean Energy Fuels Financial Forecast

Clean Energy Fuels Revenue Forecast

	Dec 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19
Revenue	-	-	-	-	-	-	-	-	-	-	-	-	$106.86M	$95.57M	$90.55M	$132.18M	$113.76M	$125.69M	$97.22M	$83.50M	$91.93M	$86.09M	$480.00K	$77.14M	$74.96M	$70.89M	$59.87M	$86.01M	$119.61M	$74.43M
Avg Forecast	$120.57M	$117.19M	$111.53M	$109.49M	$106.50M	$104.56M	$99.72M	$97.08M	$99.86M	$100.64M	$106.45M	$103.99M	$105.48M	$105.41M	$109.75M	$97.46M	$123.51M	$121.51M	$102.79M	$92.62M	$92.18M	$84.46M	$75.15M	$75.52M	$71.30M	$67.47M	$60.63M	$74.30M	$108.63M	$78.30M
High Forecast	$130.11M	$126.46M	$120.35M	$118.16M	$114.92M	$112.83M	$107.61M	$104.76M	$106.81M	$101.36M	$106.45M	$103.99M	$110.92M	$105.73M	$118.43M	$105.18M	$133.29M	$121.51M	$102.79M	$92.62M	$92.18M	$84.46M	$75.15M	$75.52M	$71.30M	$67.47M	$60.63M	$74.30M	$108.63M	$78.30M
Low Forecast	$112.72M	$109.56M	$104.26M	$102.36M	$99.56M	$97.75M	$93.23M	$90.75M	$92.90M	$99.92M	$106.45M	$103.99M	$101.02M	$105.09M	$102.60M	$91.12M	$115.47M	$121.51M	$102.79M	$92.62M	$92.18M	$84.46M	$75.15M	$75.52M	$71.30M	$67.47M	$60.63M	$74.30M	$108.63M	$78.30M
# Analysts	1	1	1	1	1	1	1	3	4	2	3	3	6	3	3	3	4	4	4	4	3	3	3	3	5	5	9	6	4	4
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	1.01%	0.91%	0.83%	1.36%	0.92%	1.03%	0.95%	0.90%	1.00%	1.02%	0.01%	1.02%	1.05%	1.05%	0.99%	1.16%	1.10%	0.95%

Clean Energy Fuels's average Quarter revenue forecast for Mar 24 based on 3 analysts is $103.99M, with a low forecast of $103.99M, and a high forecast of $103.99M. CLNE's average Quarter revenue forecast represents a -2.69% decrease compared to the company's last Quarter revenue of $106.86M (Dec 23).

Clean Energy Fuels EBITDA Forecast

	Dec 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19
# Analysts	1	1	1	1	1	1	1	3	4	2	3	3	6	3	3	3	4	4	4	4	3	3	3	3	5	5	9	6	4	4
EBITDA	-	-	-	-	-	-	-	-	-	-	-	-	$-18.03M	$-8.71M	$-9.72M	$-34.54M	$-10.74M	$12.23M	$-2.01M	$-10.06M	$9.47M	$8.26M	$-67.23M	$6.08M	$11.77M	$10.56M	$6.56M	$16.59M	$56.82M	$12.28M
Avg Forecast	$-13.08M	$-12.72M	$-12.10M	$-11.88M	$-11.56M	$-11.35M	$-10.82M	$-10.53M	$-10.84M	$-10.92M	$-11.55M	$-22.84M	$-11.45M	$-11.44M	$-11.91M	$-24.42M	$13.03M	$-13.19M	$-11.15M	$-26.12M	$-10.00M	$-9.17M	$-8.15M	$10.95M	$-7.74M	$-7.32M	$-6.58M	$44.80M	$-11.79M	$-8.50M
High Forecast	$-12.23M	$-11.89M	$-11.31M	$-11.11M	$-10.80M	$-10.61M	$-10.12M	$-9.85M	$-10.08M	$-10.84M	$-11.55M	$-18.27M	$-10.96M	$-11.40M	$-11.13M	$-19.54M	$15.63M	$-13.19M	$-11.15M	$-20.90M	$-10.00M	$-9.17M	$-8.15M	$13.14M	$-7.74M	$-7.32M	$-6.58M	$53.76M	$-11.79M	$-8.50M
Low Forecast	$-14.12M	$-13.72M	$-13.06M	$-12.82M	$-12.47M	$-12.24M	$-11.68M	$-11.37M	$-11.59M	$-11.00M	$-11.55M	$-27.40M	$-12.04M	$-11.47M	$-12.85M	$-29.31M	$10.42M	$-13.19M	$-11.15M	$-31.35M	$-10.00M	$-9.17M	$-8.15M	$8.76M	$-7.74M	$-7.32M	$-6.58M	$35.84M	$-11.79M	$-8.50M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	1.58%	0.76%	0.82%	1.41%	-0.82%	-0.93%	0.18%	0.39%	-0.95%	-0.90%	8.24%	0.56%	-1.52%	-1.44%	-1.00%	0.37%	-4.82%	-1.45%

4 analysts predict CLNE's average Quarter EBITDA for Dec 22 to be $13.03M, with a high of $15.63M and a low of $10.42M. This is 6.54% upper than Clean Energy Fuels's previous annual EBITDA (Sep 22) of $12.23M.

Clean Energy Fuels Net Income Forecast

	Dec 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19
# Analysts	1	1	1	1	1	1	1	3	4	2	3	3	6	3	3	3	4	4	4	4	3	3	3	3	5	5	9	6	4	4
Net Income	-	-	-	-	-	-	-	-	-	-	-	-	$-18.69M	$-25.81M	$-16.30M	$-38.83M	$-12.56M	$-9.09M	$-13.36M	$-24.58M	$-2.60M	$-3.93M	$-79.67M	$-7.17M	$-2.56M	$-2.27M	$-6.74M	$1.70M	$41.08M	$-4.33M
Avg Forecast	$4.68M	$6.83M	$3.66M	$2.01M	$-1.34M	$-4.60M	$-6.29M	$-8.23M	$-942.65K	$-1.93M	$-5.04M	$-57.10M	$2.70M	$-2.59M	$-4.99M	$-61.07M	$-3.27M	$9.09M	$-4.92M	$-65.32M	$7.04M	$2.63M	$225.80M	$-12.90M	$468.24K	$-2.23M	$-5.95M	$4.60M	$51.36M	$-2.98M
High Forecast	$5.16M	$7.54M	$4.03M	$2.21M	$-1.22M	$-4.21M	$-5.76M	$-7.54M	$-862.84K	$-1.77M	$-4.61M	$-45.68M	$2.71M	$-2.37M	$-4.57M	$-48.86M	$-2.61M	$9.09M	$-4.92M	$-52.25M	$7.04M	$2.63M	$225.80M	$-10.32M	$468.24K	$-2.23M	$-5.95M	$5.52M	$51.36M	$-2.98M
Low Forecast	$4.28M	$6.26M	$3.35M	$1.84M	$-1.48M	$-5.07M	$-6.94M	$-9.08M	$-1.04M	$-2.13M	$-5.56M	$-68.52M	$2.69M	$-2.86M	$-5.51M	$-73.28M	$-3.92M	$9.09M	$-4.92M	$-78.38M	$7.04M	$2.63M	$225.80M	$-15.49M	$468.24K	$-2.23M	$-5.95M	$3.68M	$51.36M	$-2.98M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-6.92%	9.97%	3.27%	0.64%	3.85%	-1.00%	2.72%	0.38%	-0.37%	-1.49%	-0.35%	0.56%	-5.47%	1.02%	1.13%	0.37%	0.80%	1.46%

Clean Energy Fuels's average Quarter net income forecast for Jun 20 is $-5.95M, with a range of $-5.95M to $-5.95M. CLNE's average Quarter net income forecast represents a -449.44% decrease compared to the company's last Quarter net income of $1.70M (Mar 20).

Clean Energy Fuels SG&A Forecast

	Dec 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19
# Analysts	1	1	1	1	1	1	1	3	4	2	3	3	6	3	3	3	4	4	4	4	3	3	3	3	5	5	9	6	4	4
SG&A	-	-	-	-	-	-	-	-	-	-	-	-	$24.95M	$29.12M	$28.55M	$29.65M	$28.55M	$26.50M	$26.48M	$27.93M	$24.56M	$22.30M	$21.61M	$21.44M	$16.73M	$16.64M	$16.89M	$18.26M	$19.44M	$17.64M
Avg Forecast	$31.94M	$31.04M	$29.54M	$29.00M	$28.21M	$27.70M	$26.42M	$25.72M	$26.45M	$26.66M	$28.20M	$65.92M	$27.94M	$27.92M	$29.07M	$70.50M	$33.76M	$32.19M	$27.23M	$75.40M	$24.42M	$22.37M	$19.91M	$38.59M	$18.89M	$17.87M	$16.06M	$49.30M	$28.78M	$20.74M
High Forecast	$34.47M	$33.50M	$31.88M	$31.30M	$30.44M	$29.89M	$28.51M	$27.75M	$28.29M	$26.85M	$28.20M	$79.10M	$29.38M	$28.01M	$31.37M	$84.60M	$40.52M	$32.19M	$27.23M	$90.48M	$24.42M	$22.37M	$19.91M	$46.31M	$18.89M	$17.87M	$16.06M	$59.16M	$28.78M	$20.74M
Low Forecast	$29.86M	$29.02M	$27.62M	$27.12M	$26.37M	$25.89M	$24.70M	$24.04M	$24.61M	$26.47M	$28.20M	$52.74M	$26.76M	$27.84M	$27.18M	$56.40M	$27.01M	$32.19M	$27.23M	$60.32M	$24.42M	$22.37M	$19.91M	$30.88M	$18.89M	$17.87M	$16.06M	$39.44M	$28.78M	$20.74M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	0.89%	1.04%	0.98%	0.42%	0.85%	0.82%	0.97%	0.37%	1.01%	1.00%	1.09%	0.56%	0.89%	0.93%	1.05%	0.37%	0.68%	0.85%

Clean Energy Fuels's average Quarter SG&A projection for Mar 24 is $65.92M, based on 3 Wall Street analysts, with a range of $52.74M to $79.10M. The forecast indicates a 164.19% rise compared to CLNE last annual SG&A of $24.95M (Dec 23).

Clean Energy Fuels EPS Forecast

	Dec 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19
# Analysts	1	1	1	1	1	1	1	3	4	2	3	3	6	3	3	3	4	4	4	4	3	3	3	3	5	5	9	6	4	4
EPS	-	-	-	-	-	-	-	-	-	-	-	-	$-0.00	$-0.12	$-0.00	$-0.17	$-0.06	$-0.04	$-0.06	$-0.11	$-0.01	$-0.02	$-0.38	$-0.04	$-0.01	$-0.01	$-0.03	$0.01	$0.20	$-0.02
Avg Forecast	$0.02	$0.03	$0.02	$0.01	$-0.01	$-0.02	$-0.03	$-0.04	$-0.00	$-0.01	$-0.02	$-0.04	$0.01	$-0.01	$-0.02	$-0.04	$0.01	$0.04	$-0.02	$-0.01	$0.03	$0.01	$1.01	$-0.00	-	$-0.01	$-0.03	$-0.01	$0.23	$-0.01
High Forecast	$0.02	$0.03	$0.02	$0.01	$-0.01	$-0.02	$-0.03	$-0.03	$-0.00	$-0.01	$-0.02	$-0.04	$0.01	$-0.01	$-0.02	$-0.03	$0.01	$0.04	$-0.02	$-0.01	$0.03	$0.01	$1.01	$-0.00	-	$-0.01	$-0.03	$-0.01	$0.23	$-0.01
Low Forecast	$0.02	$0.03	$0.01	$0.01	$-0.01	$-0.02	$-0.03	$-0.04	$-0.00	$-0.01	$-0.02	$-0.04	$0.01	$-0.01	$-0.02	$-0.04	$0.01	$0.04	$-0.02	$-0.01	$0.03	$0.01	$1.01	$-0.00	-	$-0.01	$-0.03	$-0.01	$0.23	$-0.01
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-0.01%	10.35%	0.00%	4.49%	-5.10%	-1.00%	2.73%	7.76%	-0.37%	-1.70%	-0.38%	20.00%	-4.77%	1.00%	1.12%	-1.00%	0.87%	1.50%

According to 9 Wall Street analysts, Clean Energy Fuels's projected average Quarter EPS for Jun 20 is $-0.03, with a low estimate of $-0.03 and a high estimate of $-0.03. This represents a -366.67% decrease compared to CLNE previous annual EPS of $0.01 (Mar 20).

Clean Energy Fuels Peer Comparison by Price Target

Ticker	Company	Last Closing Price	Avg Price Target	Upside/Downside	Avg Rating
VTNR	Vertex Energy	$0.05	$9.60	19100.00%	Hold
CLNE	Clean Energy Fuels	$2.80	$5.00	78.57%	Strong Buy
DINO	HF Sinclair	$42.42	$57.50	35.55%	Buy
PARR	Par Pacific	$17.31	$23.33	34.78%	Hold
PBF	PBF Energy	$30.34	$39.92	31.58%	Buy
DK	Delek US	$18.96	$22.00	16.03%	Hold
VLO	Valero Energy	$139.56	$145.47	4.23%	Buy
DKL	Delek Logistics Partners, LP	$38.82	$39.20	0.98%	Buy
PSX	Phillips 66	$129.91	$127.30	-2.01%	Buy
CVI	CVR Energy	$18.79	$17.67	-5.96%	Buy
AMTX	Aemetis	$4.13	$3.88	-6.05%	Buy

CLNE Forecast FAQ

Is Clean Energy Fuels a good buy?

Yes, according to 2 Wall Street analysts, Clean Energy Fuels (CLNE) is considered a 'Strong Buy'. The rating consensus is based on 1 'Strong Buy' and 1 'Buy' recommendations, accounting for 100.00% of CLNE's total ratings.

What is CLNE's price target?

Clean Energy Fuels (CLNE) average price target is $5 with a range of $5 to $5, implying a 78.57% from its last price of $2.8. The data is based on 2 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Clean Energy Fuels stock go up soon?

According to Wall Street analysts' prediction for CLNE stock, the company can go up by 78.57% (from the last price of $2.8 to the average price target of $5), up by 78.57% based on the highest stock price target, and up by 78.57% based on the lowest stock price target.

Can Clean Energy Fuels stock reach $4?

CLNE's average twelve months analyst stock price target of $5 supports the claim that Clean Energy Fuels can reach $4 in the near future.

What are Clean Energy Fuels's analysts' financial forecasts?

Clean Energy Fuels's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $407.86M (high $440.12M, low $381.3M), average EBITDA is $-44.258M (high $-41.375M, low $-47.759M), average net income is $-20.461M (high $-18.729M, low $-22.565M), average SG&A $108.04M (high $116.59M, low $101M), and average EPS is $-0.0916 (high $-0.0838, low $-0.101). CLNE's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $458.78M (high $495.08M, low $428.9M), average EBITDA is $-49.783M (high $-46.541M, low $-53.722M), average net income is $17.17M (high $18.94M, low $15.72M), average SG&A $121.53M (high $131.14M, low $113.61M), and average EPS is $0.0769 (high $0.0848, low $0.0704).

Did the CLNE's actual financial results beat the analysts' financial forecasts?

Based on Clean Energy Fuels's last annual report (Dec 2023), the company's revenue was $425.16M, beating the average analysts forecast of $418.1M by 1.69%. Apple's EBITDA was $-76.324M, beating the average prediction of $-59.218M by 28.89%. The company's net income was $-99.497M, beating the average estimation of $-65.952M by 50.86%. Apple's SG&A was $112.26M, missing the average forecast of $155.44M by -27.77%. Lastly, the company's EPS was $-0.0004, missing the average prediction of $-0.0597 by -99.33%. In terms of the last quarterly report (Dec 2023), Clean Energy Fuels's revenue was $106.86M, beating the average analysts' forecast of $105.48M by 1.31%. The company's EBITDA was $-18.028M, beating the average prediction of $-11.446M by 57.51%. Clean Energy Fuels's net income was $-18.687M, missing the average estimation of $2.7M by -791.96%. The company's SG&A was $24.95M, missing the average forecast of $27.94M by -10.70%. Lastly, the company's EPS was $-0.0001, missing the average prediction of $0.0121 by -100.83%