Clean Energy Fuels Corp. (NASDAQ:CLNE) Overview and Analyst Insights

• Clean Energy Fuels Corp. (NASDAQ:CLNE) maintains a stable consensus price target of $2, despite varied analyst expectations and recent financial results.
• Analyst Pavel Molchanov sets a higher price target of $6, indicating a more optimistic outlook based on the company's performance and market conditions.
• Recent financial reports show a slight increase in revenue but also highlight challenges such as net losses, though there's strong demand for Clean Energy's RNG products.

Clean Energy Fuels Corp. (NASDAQ:CLNE) is a key player in the alternative fuel industry, providing natural gas solutions for vehicle fleets in the U.S. and Canada. The company offers renewable natural gas (RNG), compressed natural gas (CNG), and liquefied natural gas (LNG) for medium and heavy-duty vehicles. They also design, build, and maintain fueling stations, and sell equipment for RNG production.

Despite the company's efforts, the consensus price target for CLNE has remained unchanged at $2 over the past month, quarter, and year. This stability suggests that analysts' expectations for the stock have not shifted significantly. However, analyst Pavel Molchanov from Raymond James has set a higher price target of $6, reflecting a more optimistic outlook based on recent financial results and market conditions.

In Q4 2024, Clean Energy reported a revenue of $109.3 million, a slight increase from the previous year's $106.9 million. However, the company faced a net loss of $30.2 million, or $0.13 per share. Despite these challenges, the company sold 62 million gallons of RNG, indicating strong demand for its products. This performance may influence future analyst expectations and price targets.

During the Q3 2024 earnings call, Clean Energy reported a revenue of $104.9 million, up from $95.6 million in the same quarter of the previous year. The company also reduced its net loss to $18.2 million, or $0.08 per share, compared to a $25.8 million loss in Q3 2023. This improvement in financial performance could impact analysts' perspectives and the stock's future valuation. Analyst Pavel Molchanov's $6 price target suggests a positive outlook, but investors will need to consider upcoming financial disclosures to make informed decisions about buying, holding, or selling the stock.