Clean Energy Fuels Corp (NASDAQ: CLNE): Analyst View Points To Future Growth

Clean Energy Fuels Corp (CLNE) concluded trading on Thursday at a closing price of $1.74, with 3.74 million shares of worth about $6.5 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -44.23% during that period and on March 27, 2025 the price saw a gain of about 10.83%. Currently the company’s common shares owned by public are about 223.46M shares, out of which, 164.39M shares are available for trading.

Stock saw a price change of -0.57% in past 5 days and over the past one month there was a price change of -10.08%. Year-to-date (YTD), CLNE shares are showing a performance of -30.68% which decreased to -28.10% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $1.55 but also hit the highest price of $3.67 during that period. The average intraday trading volume for Clean Energy Fuels Corp shares is 2.88 million. The stock is currently trading -3.08% below its 20-day simple moving average (SMA20), while that difference is down -31.09% for SMA50 and it goes to -36.80% lower than SMA200.

Clean Energy Fuels Corp (NASDAQ: CLNE) currently have 223.46M outstanding shares and institutions hold larger chunk of about 50.36% of that.

The stock has a current market capitalization of $389.07M and its 3Y-monthly beta is at 2.49. It has posted earnings per share of -$0.37 in the same period. It has Quick Ratio of 2.39 while making debt-to-equity ratio of 0.51. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for CLNE, volatility over the week remained 7.26% while standing at 6.23% over the month.

Stock’s fiscal year EPS is expected to drop by -1113.43% while it is estimated to increase by 77.10% in next year.

Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Raymond James on October 03, 2023 offering a Strong buy rating for the stock and assigned a target price of $6 to it. Coverage by Northland Capital stated Clean Energy Fuels Corp (CLNE) stock as an Outperform in their note to investors on September 05, 2023, suggesting a price target of $7.50 for the stock. On July 13, 2023, Stifel Initiated their recommendations, while on April 05, 2023, Raymond James Upgrade their ratings for the stock with a price target of $6. Stock get an Overweight rating from Piper Sandler on February 28, 2023.

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