Clean Energy Fuels Corp. (CLNE)
NASDAQ: CLNE · IEX Real-Time Price · USD
2.250
-0.040 (-1.75%)
Apr 25, 2024, 4:00 PM EDT - Market closed
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 148.89% from the current stock price of 2.25.
Analyst Consensus: Strong Buy
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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 2 | 2 | 2 | 2 |
| Buy | 2 | 2 | 2 | 2 | 3 | 3 |
| Hold | 1 | 1 | 1 | 1 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 6 | 6 | 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 | +77.78% | Apr 18, 2024 |
| Scotiabank | Scotiabank | Buy Maintains $6 → $5 | Buy | Maintains | $6 → $5 | +122.22% | Apr 11, 2024 |
| Raymond James | Raymond James | Strong Buy Maintains $6 → $5 | Strong Buy | Maintains | $6 → $5 | +122.22% | Apr 3, 2024 |
| Scotiabank | Scotiabank | Buy Maintains $7 → $6 | Buy | Maintains | $7 → $6 | +166.67% | Mar 6, 2024 |
| Stifel | Stifel | Strong Buy Maintains $8 → $6.5 | Strong Buy | Maintains | $8 → $6.5 | +188.89% | Jan 23, 2024 |
Financial Forecast
Revenue This Year
449.41M
from 425.16M
Increased by 5.70%
Revenue Next Year
502.26M
from 449.41M
Increased by 11.76%
EPS This Year
-0.12
from -0.45
EPS Next Year
0.05
from -0.12
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 538.0M | 632.1M | 744.6M | 912.8M | 995.6M |
| Avg | 449.4M | 502.3M | 597.0M | 886.7M | 967.2M |
| Low | 384.0M | 386.6M | 415.1M | 851.9M | 929.2M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 26.5% | 40.7% | 48.2% | 52.9% | 12.3% |
| Avg | 5.7% | 11.8% | 18.9% | 48.5% | 9.1% |
| Low | -9.7% | -14.0% | -17.3% | 42.7% | 4.8% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -0.01 | 0.17 | 0.26 | 0.66 | 0.81 |
| Avg | -0.12 | 0.05 | 0.07 | 0.64 | 0.79 |
| Low | -0.44 | -0.09 | -0.26 | 0.62 | 0.75 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | - | - | 388.2% | 897.7% | 25.8% |
| Avg | - | - | 23.3% | 869.2% | 22.2% |
| Low | - | - | - | 831.2% | 17.4% |
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.