Jefferies cuts target to USD 1.90 for Clean Energy Fuels stock
Published on 10/17/2026 at 20:53 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst target and earnings date
- Jefferies lowered its Clean Energy Fuels target to USD 1.90 on October 6, 2026.
- Clean Energy Fuels plans to report third-quarter results on November 5, 2026.
- Clean Energy Fuels stock closed at USD 1.50 on October 16, 2026 at 4:00 p.m. EDT, down 0.66 percent versus the Nasdaq prior close of USD 1.51.
- Clean Energy Fuels had a market capitalization of USD 330.7 million on October 16, 2026.
Jefferies lowered its price target for Clean Energy Fuels from USD 2.30 to USD 1.90, putting the target 26.67 percent above the stock's USD 1.50 Nasdaq closing price on October 16, 2026. According to Markets Insider on October 6, 2026, the target was cut at Jefferies. Clean Energy Fuels stock closed at USD 1.50 on October 16, 2026 at 4:00 p.m. EDT, down 0.66 percent from the Nasdaq prior close of USD 1.51.
Revenue reached USD 106.4 million
Clean Energy Fuels reported USD 106.36 million in revenue for the second quarter of 2026, while net loss was USD 15.04 million. Operating loss was USD 5.13 million for the same period. The company's investor-relations page also lists adjusted EBITDA of USD 16.0 million for the quarter, alongside the June 30, 2026 reporting period. These figures frame the analyst target against a business that grew sales but remained loss-making.
Stock sits 51.77 percent below its high
The Nasdaq-listed stock traded between USD 1.50 and USD 1.62 on October 16, 2026, with volume of 4,104,555 shares against an average volume of 1,741,618. Its 52-week range was USD 1.33 to USD 3.11, leaving the close 51.77 percent below the high. Barron's reported a year-to-date decline of 28.57 percent for the same trading date.
November 5 is the next reporting date
Clean Energy Fuels is scheduled to report third-quarter 2026 results after the market closes on November 5, 2026, with its conference call set for 4:30 p.m. ET. MarketBeat gives the same date and lists consensus revenue of USD 111.05 million for the quarter. The company's investor-relations page identifies more than 600 fueling stations and more than 50,000 heavy-duty vehicles, buses and trucks using its network each day.
Comparison with peers
Clean Energy Fuels: minus 0.66 percent, P/E minus 3.44, market capitalization USD 330.7 million
CrossAmerica Partners (NYSE, USD): plus 1.31 percent, market capitalization USD 816.9 million
UGI Corporation (NYSE, USD): plus 2.43 percent, P/E 12.55, market capitalization USD 8.05 billion
Price and valuation frame
The latest figures leave Clean Energy Fuels with a smaller market value than the two comparison companies and a negative trailing P/E. The next scheduled results date is therefore the clearest near-term calendar marker, while the USD 1.90 Jefferies target remains above the October 16 closing price.
Clean Energy Fuels closed at USD 1.50 on Nasdaq on October 16, 2026 at 4:00 p.m. EDT, down 0.66 percent versus the Nasdaq prior close of USD 1.51.
Clean Energy Fuels market data
- Company: Clean Energy Fuels Corp.
- ISIN: US1844991018
- Ticker: CLNE
- Primary exchange: Nasdaq
- Price Nasdaq (as of October 16, 2026, 4:00 p.m. EDT): USD 1.50
- Change versus Nasdaq prior close: minus 0.66 percent
- Market capitalization: USD 330.7 million (as of October 16, 2026)
- 52-week range: USD 1.33-3.11 (as of October 16, 2026)
- Sector / Industry: Energy / renewable natural gas and vehicle fueling
- Next earnings date: November 5, 2026
Market context: Market report Nasdaq Composite.
