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Clean Energy Fuels Corp. ($CLNE) Stock Forecast: Down 5.1% Today

Morpher AI identified a bearish signal. The stock price may continue to fall based on the momentum of the negative news.

What is Clean Energy Fuels Corp.?

Clean Energy Fuels Corp. (CLNE) recently saw a change in leadership as Clay Corbus took over as CEO from co-founder Andrew Littlefair.

Why is Clean Energy Fuels Corp. going down?

CLNE stock is down 5.1% on Apr 24, 2026 14:05

  • Despite the positive announcement of Clay Corbus becoming the new CEO and the company’s long-term agreement with the City of Santa Monica, CLNE stock faced a bearish movement.
  • There may be uncertainty surrounding the leadership transition and a necessary evaluation of Corbus' strategic vision by investors.
  • Concerns linger about the impact of Andrew Littlefair moving to an advisory role and how this might affect the future growth and renewable natural gas projects of the company.
  • Although financial metrics, like tangible book value per share on the Tradegate Exchange, were focused on, they might not have provided sufficient positive momentum to counterbalance worries about the leadership change and its potential impact on CLNE's market position.

CLNE Price Chart

CLNE Technical Analysis

CLNE News

Clean Energy Fuels Names Clay Corbus CEO as Longtime Chief Andrew Littlefair Steps Aside

Clean Energy Fuels Corp. (NASDAQ: CLNE) has announced the appointment of Clay Corbus as its new President and CEO, effective immediately, succeeding co-founder Andrew Littlefair who led the company for three decades. Corbus, who has nearly two decades of experience with Clean Energy in senior leadership roles, will also join the Board of Directors. Littlefair will transition to a non-employee government relations consultant role while retaining his board seat, as the company continues to prioritize expansion of its renewable natural gas (RNG) platform in the transportation sector.

https://www.citybiz.co/article/836514/clean-energy-fuels-names-clay-corbus-ceo-as-longtime-chief-andrew-littlefair-steps-aside/

0 Missing News Article Image Clean Energy Fuels Names Clay Corbus CEO as Longtime Chief Andrew Littlefair Steps Aside

Clay Corbus becomes Clean Energy Fuels (CLNE) CEO as founder shifts to advisor

Clean Energy Fuels Corp. has appointed Barclay "Clay" Corbus as its new President and CEO, effective April 22, 2026, succeeding co-founder Andrew Littlefair. Littlefair will transition to an advisory role, continuing on the Board and providing consulting services for three years, while Corbus, who has nearly two decades of experience with the company, takes the helm. This leadership change aims for strategic continuity, focusing on growth and renewable natural gas initiatives with a multi-year employment plan for Corbus and a substantial consulting agreement for Littlefair.

https://www.stocktitan.net/sec-filings/CLNE/8-k-clean-energy-fuels-corp-reports-material-event-8294092516e3.html

1 News Article Image Clay Corbus becomes Clean Energy Fuels (CLNE) CEO as founder shifts to advisor

RNG Supplier Clean Energy Fuels Promotes Clay Corbus to CEO

Clean Energy Fuels has promoted Clay Corbus to CEO, replacing retiring co-founder Andrew Littlefair. Corbus, who has been with the company since 2007, aims to continue serving transit and refuse fleets while expanding into the longhaul trucking sector with competitive, less volatile renewable natural gas (RNG) pricing. The company anticipates increased demand for RNG with the growing availability of Cummins' X15N engine in heavy-duty trucks.

https://www.ttnews.com/articles/clean-energy-clay-corbus-ceo

2 News Article Image RNG Supplier Clean Energy Fuels Promotes Clay Corbus to CEO

Why Clean Energy Fuels Stock Raced Nearly 13% Higher Today

Clean Energy Fuels (CLNE) saw its stock jump nearly 13% today after announcing a multi-year agreement with the City of Santa Monica to provide renewable natural gas for its bus fleet. This move aligns with Santa Monica's plan to transition to a 100% renewable natural gas fleet by 2029 and underscores the company's significant presence in the North American renewable natural gas market, already fueling over 30% of natural gas trucks and buses.

http://www.msn.com/en-us/money/topstocks/why-clean-energy-fuels-stock-raced-nearly-13-higher-today/ar-AA1KdE6h?ocid=finance-verthp-feeds&apiversion=v2&domshim=1&noservercache=1&noservertelemetry=1&batchservertelemetry=1&renderwebcomponents=1&wcseo=1

3 News Article Image Why Clean Energy Fuels Stock Raced Nearly 13% Higher Today

Tangible book value per share of Clean Energy Fuels Corp. – TRADEGATE:WIQ

The article focuses on the tangible book value per share of Clean Energy Fuels Corp. (WIQ) on the Tradegate Exchange. It provides market data and financial information related to the company's stock, indicating that the market was closed at the time of publication. The content primarily highlights financial metrics for investors interested in the company.

https://www.tradingview.com/symbols/TRADEGATE-WIQ/financials-statistics-and-ratios/book-tangible-per-share/

4 News Article Image Tangible book value per share of Clean Energy Fuels Corp. – TRADEGATE:WIQ

Clean Energy Fuels Corp. Price History

31.02.2026 - CLNE Stock was down 5.1%

  • The bearish movement in CLNE stock today could be attributed to the disappointment expressed by the American Biogas Council regarding the EPA's updated Renewable Fuel Standard. This sentiment may have raised concerns about the company's future growth prospects in the renewable energy sector.
  • Despite the stock price briefly jumping by 4.9%, the mixed analyst sentiment and Weiss Ratings reiterating a "sell" rating could have added to the overall negative market sentiment towards CLNE, leading to the bearish movement.
  • The Vanguard Group's filing showing 0 beneficial shares and 0% ownership in CLNE might have also contributed to investor uncertainty and potentially triggered selling pressure on the stock, further driving the bearish movement.

08.03.2026 - CLNE Stock was down 7.3%

  • Despite being identified as a strong performer in Q4 earnings, Clean Energy Fuels (CLNE) encountered a bearish trend, suggesting a gap between performance and market sentiment.
  • The collaboration with GE to enhance natural gas transportation infrastructure is viewed positively for long-term growth, though short-term market conditions may have obscured its significance.
  • Investor attention on geopolitical uncertainties affecting oil supply and inflation may have influenced the negative trend, detracting from the company's prospects for expansion.
  • Market instability and apprehensions about energy industry investments likely prompted profit-taking and a decrease in CLNE stock value, despite favorable underlying developments.

10.03.2026 - CLNE Stock was down 5.0%

  • The stock price fell by 6.9% during mid-day trading, attributed to lower trading volume indicating investor hesitancy and analysts' tendency towards a "Hold" recommendation.
  • Various factors contributing to this downward trend include the company's negative P/E ratio, moderate leverage, and the general market sentiment surrounding clean energy stocks.
  • Although Clean Energy Fuels performed well in Q4 earnings, broader market worries like geopolitical tensions affecting oil supply and rising inflation might have influenced today's negative market movement.

02.03.2026 - CLNE Stock was up 6.8%

  • Clean Energy Fuels (CLNE) stock showed a strong bullish movement recently.
  • The price target for CLNE decreased by 13.04% to $4.21, which was later perceived as an opportunity by investors amidst subsequent positive market movement.
  • The EPA's updated Renewable Fuel Standard, featuring more favorable biogas terms, likely had a positive impact on CLNE's stock due to the company's emphasis on renewable natural gas.
  • Despite varied analyst opinions and a "sell" rating from Weiss Ratings, the increased institutional investor interest in Q4 and Vanguard's change in reporting structure, indicating 0 shares owned, could have played a role in the recent bullish movement.

25.01.2026 - CLNE Stock was down 8.1%

  • The decline in CLNE's stock price is linked to the wider net losses recorded in Q4 2025 and the anticipated significant net loss for 2026, mainly due to Amazon warrant charges and market fluctuations.
  • Although surpassing adjusted EBITDA expectations and showing advancements in RNG production, the company's outlook of ongoing losses and the necessity to expand higher-margin RNG volumes might have subdued investor confidence.
  • With an average "Moderate Buy" rating from analysts and a consensus target price of $3.59, there is some positivity surrounding the stock. However, persistent earnings challenges and complex contract structures are likely impacting investor trust.
  • The company's future performance hinges on effectively addressing these accounting and earnings obstacles while taking advantage of the growth opportunities in its RNG production platform.

21.03.2026 - CLNE Stock was up 5.0%

  • The bullish movement in CLNE stock today could be attributed to the anticipation surrounding the upcoming release of the company's first-quarter financial results.
  • Investors may be optimistic about the potential financial performance of Clean Energy Fuels Corp., leading to increased buying activity and driving the stock price higher.
  • The focus on tangible book value per share may have also instilled confidence in investors regarding the company's underlying asset value, further supporting the bullish trend in the market.
  • Overall, the combination of positive market sentiment ahead of the earnings report and the emphasis on financial metrics likely contributed to the strong bullish movement in CLNE stock today.

09.03.2026 - CLNE Stock was down 5.4%

  • CLNE stock decreased by 6.9% as trading volume dropped to 45% below the average daily volume, contributing to the bearish trend.
  • Analysts are cautious about CLNE, with a "sell" rating from Weiss Ratings and an average consensus of "Hold," with a mean target price of $3.49, indicating a negative outlook that may have influenced the stock's decline.
  • Despite a partnership with GE to enhance natural gas transportation infrastructure in the U.S. for cost and emission reductions, market sentiment and trading volume overshadowed this positive development, leading to the bearish movement in the stock price.

27.02.2026 - CLNE Stock was up 8.1%

  • The 4.9% increase in Clean Energy Fuels' stock price could be linked to heightened interest from institutional investors in Q4, with several funds either adding to or initiating stakes in the company, resulting in a rise in institutional ownership.
  • Analyst sentiment towards the stock is mixed, characterized by a consensus "Hold" rating and a target price of $3.49, as well as a "sell" rating reiterated by Weiss Ratings. This mixed sentiment may have contributed to investor uncertainty, potentially fueling stock price volatility.
  • Vanguard's alteration in reporting structure, where subsidiary holdings are now reported separately, initially caused some market confusion. However, it was clarified that this modification did not involve a sale of CLNE shares by Vanguard. This clarification likely addressed investor concerns and helped sustain the stock's bullish movement.

24.03.2026 - CLNE Stock was down 5.1%

  • Despite the positive announcement of Clay Corbus becoming the new CEO and the company’s long-term agreement with the City of Santa Monica, CLNE stock faced a bearish movement.
  • There may be uncertainty surrounding the leadership transition and a necessary evaluation of Corbus' strategic vision by investors.
  • Concerns linger about the impact of Andrew Littlefair moving to an advisory role and how this might affect the future growth and renewable natural gas projects of the company.
  • Although financial metrics, like tangible book value per share on the Tradegate Exchange, were focused on, they might not have provided sufficient positive momentum to counterbalance worries about the leadership change and its potential impact on CLNE's market position.

23.02.2026 - CLNE Stock was up 5.1%

  • The bullish movement in CLNE stock could be attributed to the company's expansion of RNG supply across US fleet markets. This indicates a positive response from investors towards Clean Energy Fuels' efforts in sustainable transportation.
  • Despite facing pressure from renewable fuel market shifts and analyst scrutiny, the stock's upward trajectory suggests that investors are optimistic about the company's long-term potential in the clean energy sector.
  • Analysts maintaining a "moderate buy" consensus on CLNE, coupled with its profitability pressures typical for growth-stage clean energy firms, may have contributed to the stock's bullish movement as investors see value in the company's strategic positioning and future prospects.

10.01.2026 - CLNE Stock was down 5.2%

  • Today's downward movement in CLNE's stock could be a result of profit-taking following a recent 28% increase.
  • Despite positive developments in promoting Renewable Natural Gas and negative carbon intensity, market caution persists with the stock down 19% in a year.
  • Factors such as the projection of reaching breakeven by 2028 and the company's high debt level may have influenced investor sentiment.
  • Clean Energy Fuels Corp. is advancing in the renewable energy sector, but investors are taking a cautious stance on the company's profitability and growth outlook for the future.

11.02.2026 - CLNE Stock was down 5.4%

  • Today's downward movement in CLNE stock may be linked to investors taking profits after a recent surge following the announcement of various RNG deals.
  • Despite securing new contracts and partnerships, concerns about the company's profitability arose due to negative operating and net margins revealed in the financial overview.
  • Jefferies' increase in CLNE's stock price target based on EBITDA outlook initially inspired investor confidence. However, the market's recognition of current undervaluation and expected unprofitability this year may have offset this positive sentiment.
  • The ongoing rise in RNG adoption and acknowledgment of its environmental advantages in different fleet settings could benefit CLNE in the long run. Yet, short-term market shifts might be influenced by general market conditions and investor views on the company's financial performance.
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Disclaimer
Morpher is not liable for the content of the AI investment insights. Like most GPT-powered tools, these summaries may contain AI hallucinations and inaccurate information. Morpher is not presenting you with any investment advice. All investments involve risk, and the past performance of a security, industry, sector, market, or financial product does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs. These summaries do not constitute investment advice.