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Clean Energy Fuels (NASDAQ:CLNE) reported quarterly losses of $(0.01) per share which met the analyst consensus estimate. The company reported quarterly sales of $106.359 million which missed the analyst consensus
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Clean Energy Fuels (CLNE) stock fell nearly 12% this week after Raymond James analyst Pavel Molchanov cut his price target from $4 to $2.50 per share, citing the company's adjusted net loss in Q2 results. Despite the significant cut, Molchanov maintained a strong buy rating, expressing optimism about natural gas fuel growth prospects and the company's diversification efforts.
Read original at the-motley-foolClean Energy Fuels (CLNE) stock surged 6.8% after reporting Q2 2026 revenue of $106.4 million, beating analyst expectations of $104.7 million. This marks the company's second revenue beat in 2026. Management also expressed confidence that the upstream renewable natural gas business will achieve profitability growth, projecting 2026 adjusted EBITDA of $3-$5.1 million compared to negative $12 million in 2025.
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