Jefferies upgrades Clean Energy Fuels stock to Hold
Published on 10/02/2026 at 21:33 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Clean Energy Fuels (ISIN US1844991018) was trading at EUR 1.40 at Lang & Schwarz on October 2, 2026 at 9:29 p.m. CEST, down 0.71 percent versus the EUR 1.41 prior close of October 1, 2026. According to MarketBeat on September 30, 2026, Jefferies upgraded Clean Energy Fuels to Hold.
Jefferies sees a Hold case
The rating change puts the company within a mixed analyst picture: MarketBeat reported one Strong Buy, two Holds and one Sell, with an average price target of USD 2.38. The target is in US dollars and therefore remains separate from the EUR 1.40 Lang & Schwarz reference price.
MarketBeat also cited a second-quarter 2026 loss of USD 0.01 per share that matched consensus, while revenue of USD 106.36 million trailed the USD 111.27 million estimate. That combination gives the rating change a clear operating context: earnings met expectations, but sales did not.
Tax credits strengthen the RNG story
On September 24, 2026, Clean Energy completed a USD 30.7 million sale of federal tax credits generated by seven renewable natural gas facilities, according to Business Wire. The transaction included a USD 26.00 million investment tax credit tied to the South Fork Dairy facility in Texas.
The latest second-quarter results show why credit monetization matters. Clean Energy reported USD 106.36 million of revenue, USD 15.04 million of GAAP net loss and USD 16.00 million of adjusted EBITDA for the quarter ended June 30, 2026, according to Clean Energy Fuels. Revenue rose 3.66 percent from USD 102.60 million in the second quarter of 2025, while the net loss narrowed 26.24 percent from USD 20.20 million.
CLNE trades after hours
Clean Energy Fuels had a market capitalization of USD 346.9 million and a 52-week range of USD 1.54 to USD 3.11 as of October 2, 2026. The stock's current position keeps the analyst debate centered on execution, cash generation and the value of future RNG credits rather than on revenue growth alone.
At Lang & Schwarz, Clean Energy Fuels was trading at EUR 1.40 on October 2, 2026 at 9:29 p.m. CEST, after the Xetra close, down 0.71 percent versus the EUR 1.41 prior close dated October 1, 2026.
Clean Energy Fuels market facts
- Company: Clean Energy Fuels Corp.
- ISIN: US1844991018
- Ticker: CLNE
- Primary exchange: NASDAQ
- Price Lang & Schwarz as of October 2, 2026, 9:29 p.m. CEST: EUR 1.40
- Change versus prior close: minus 0.71 percent
- Prior close Lang & Schwarz October 1, 2026: EUR 1.41
- Market capitalization: USD 346.9 million as of October 2, 2026
- 52-week range: USD 1.54-3.11 as of October 2, 2026
- Sector / Industry: Energy / Oil and Gas Refining and Marketing
