Clean Energy Fuels stock sits near its 52-week low

Published on 10/04/2026 at 17:41 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Clean Energy Fuels stock carries a USD 343.9 million market capitalization after the October 2 close. Q2 revenue reached USD 106.4 million and tax credits added USD 30.7 million.

CLNE, US1844991018, Illustration mit AI erstellt.

Clean Energy Fuels stock (ISIN US1844991018) was last at USD 1.56 on Nasdaq on October 2, 2026 at 3:59 p.m. ET, only 1.3 percent above its 52-week low of USD 1.54. The company completed a USD 30.7 million federal tax credit sale on September 24, 2026, giving its renewable natural gas portfolio a fresh cash-generating milestone.

Tax credits add cash support

According to Business Wire on September 24, 2026, Clean Energy sold federal credits generated by seven RNG production facilities. The transaction included a USD 26 million investment tax credit tied to the South Fork Dairy facility in Texas and marked the companys fourth credit monetization transaction.

The transaction matters because the company is building value beyond fuel distribution. Its investor-relations page describes more than 600 fueling stations across North America and more than 50,000 heavy-duty trucks, buses and other large vehicles using its network.

Q2 volume grew as losses narrowed

Clean Energys Q2 2026 revenue rose to USD 106.4 million from USD 102.6 million in Q2 2025, while the GAAP net loss narrowed to USD 14.9 million from USD 20.2 million. The figures come from Clean Energy Fuels in its Q2 2026 results.

The same release reported GAAP loss per share of USD 0.07, compared with USD 0.09 in the prior-year quarter, and adjusted EBITDA of USD 16.0 million. Total fuel volume reached 81.8 million gallons, up 7 percent year over year, while RNG volume sold increased 2.9 percent to 63.2 million gallons, according to The Globe and Mail on August 6, 2026.

Management maintained full-year 2026 adjusted EBITDA guidance of USD 70 million to USD 75 million. The call also identified regulatory timing as a risk because delayed clean fuel production rules could reduce the contribution expected from the Section 45Z credit.

Consensus stays above the quote

On September 30, 2026, MarketBeat reported a Hold consensus for Clean Energy Fuels, based on one Strong Buy, two Hold ratings and one Sell rating. The average analyst price target was USD 2.38, leaving the October 2 price 34.5 percent below that target.

MarketBeat also reported that Jefferies moved its rating to Hold. The companys operating progress is therefore being weighed against a market price close to its yearly floor and the need for regulatory clarity to support the upper end of its 2026 outlook.

Stock stays near yearly floor

Clean Energy Fuels stock closed at USD 1.56 on Nasdaq on October 2, 2026, down USD 0.01 or 0.64 percent from the prior close. Its 52-week range was USD 1.54 to USD 3.11, and its market capitalization was USD 343.9 million.