Clean Energy Fuels Corp. (CLNE)
NASDAQ: CLNE · IEX Real-Time Price · USD
2.320
-0.180 (-7.20%)
At close: Jul 2, 2024, 4:00 PM
2.340
+0.020 (0.86%)
After-hours: Jul 2, 2024, 7:54 PM EDT
Clean Energy Fuels Stock Forecast
Stock Price Forecast
The 5 analysts with 12-month price forecasts for Clean Energy Fuels stock have an average target of 5.60, with a low estimate of 4.00 and a high estimate of 7.50. The average target predicts an increase of 141.38% from the current stock price of 2.32.
Analyst Consensus: Strong Buy
* Price targets were last updated on Apr 18, 2024.
Analyst Ratings
The average analyst rating for CLNE stock from 5 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Buy | 2 | 2 | 3 | 3 | 3 | 3 |
| Hold | 1 | 1 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 5 | 5 | 5 | 5 | 5 | 5 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Piper Sandler | Piper Sandler | Buy Maintains $7 → $4 | Buy | Maintains | $7 → $4 | +72.41% | Apr 18, 2024 |
| Scotiabank | Scotiabank | Buy Maintains $6 → $5 | Buy | Maintains | $6 → $5 | +115.52% | Apr 11, 2024 |
| Raymond James | Raymond James | Strong Buy Maintains $6 → $5 | Strong Buy | Maintains | $6 → $5 | +115.52% | Apr 3, 2024 |
| Scotiabank | Scotiabank | Buy Maintains $7 → $6 | Buy | Maintains | $7 → $6 | +158.62% | Mar 6, 2024 |
| Stifel | Stifel | Strong Buy Maintains $8 → $6.5 | Strong Buy | Maintains | $8 → $6.5 | +180.17% | Jan 23, 2024 |
Financial Forecast
Revenue This Year
438.37M
from 425.16M
Increased by 3.11%
Revenue Next Year
480.01M
from 438.37M
Increased by 9.50%
EPS This Year
-0.10
from -0.45
EPS Next Year
-0.05
from -0.10
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 487.5M | 552.9M | 656.5M | 745.7M | 850.1M |
| Avg | 438.4M | 480.0M | 502.2M | 724.4M | 825.8M |
| Low | 375.3M | 362.5M | 381.1M | 696.0M | 793.4M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 14.7% | 26.1% | 36.8% | 48.5% | 17.3% |
| Avg | 3.1% | 9.5% | 4.6% | 44.2% | 14.0% |
| Low | -11.7% | -17.3% | -20.6% | 38.6% | 9.5% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -0.02 | 0.13 | 0.21 | 0.35 | 0.55 |
| Avg | -0.10 | -0.05 | -0.02 | 0.34 | 0.53 |
| Low | -0.32 | -0.33 | -0.38 | 0.32 | 0.51 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | - | - | - | - | 62.2% |
| Avg | - | - | - | - | 57.6% |
| Low | - | - | - | - | 51.4% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.