Clean Energy Fuels (NASDAQ:CLNE) Shares Down 5.7% – Time to Sell?

Clean Energy Fuels Corp. (NASDAQ:CLNE) dropped 5.7% during trading on Wednesday . The company traded as low as $2.31 and last traded at $2.3950. Approximately 592,564 shares traded hands during mid-day trading, a decline of 48% from the average daily volume of 1,149,178 shares. The stock had previously closed at $2.54.

Clean Energy Fuels News Roundup

Here are the key news stories impacting Clean Energy Fuels this week:

• Positive Sentiment: Revenue and RNG volume beat — Q4 revenue of $112.3M and 64.1 million RNG gallons sold beat Street expectations, supporting top-line growth and proof of demand for renewable natural gas. Clean Energy Reports Revenue of $112.3 Million and 64.1 Million RNG Gallons Sold for the Fourth Quarter of 2025
• Positive Sentiment: Adjusted EBITDA and RNG milestones exceeded guidance — Management said adjusted EBITDA beat guidance and highlighted significant RNG business milestones, a positive for medium‑term cash generation if trends continue. Clean Energy Fuels Corp (CLNE) Q4 2025 Earnings Call Highlights: Strong Financial Performance …
• Positive Sentiment: Analyst sentiment still constructive — Broker consensus remains around a “Moderate Buy,” indicating some analysts view the company as a buy-on-weakness candidate given its RNG positioning. Clean Energy Fuels Corp. (NASDAQ:CLNE) Given Average Recommendation of “Moderate Buy” by Brokerages
• Neutral Sentiment: Adjusted EPS vs. consensus — On an adjusted basis the company reported roughly break-even EPS versus a small expected loss, which can be read positively but requires scrutiny of adjustments. Clean Energy Fuels (CLNE) Reports Break-Even Earnings for Q4
• Neutral Sentiment: Management caution on outlook — The earnings transcript reiterates forward‑looking uncertainty and non‑GAAP adjustments; investors will watch guidance and convert adjusted results into sustainable cash flow. Clean Energy Fuels (CLNE) Earnings Transcript
• Negative Sentiment: GAAP net loss and EPS confusion — The company reported a GAAP net loss (~$43M) and some outlets show a GAAP EPS miss (reported -$0.20 vs. consensus -$0.03), fueling short‑term selling as investors focus on bottom‑line weakness and the gap between GAAP and adjusted results. Clean Energy Fuels: Q4 Earnings Snapshot
• Negative Sentiment: Margins and returns remain strained — The quarter shows a negative net margin and negative return on equity; until operating leverage and cash profitability improve, valuation and investor patience may be pressured. Clean Energy Fuels (CLNE) Reports Break-Even Earnings for Q4 (Zacks)

Wall Street Analyst Weigh In

Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of Clean Energy Fuels in a research note on Wednesday, January 21st. Three analysts have rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $3.49.

Clean Energy Fuels Price Performance

The company has a market capitalization of $516.45 million, a PE ratio of -2.53 and a beta of 2.20. The company has a debt-to-equity ratio of 0.48, a current ratio of 2.69 and a quick ratio of 2.39. The stock’s 50 day simple moving average is $2.32 and its 200-day simple moving average is $2.44.

Hedge Funds Weigh In On Clean Energy Fuels

Several institutional investors have recently modified their holdings of CLNE. Wealth Enhancement Advisory Services LLC purchased a new position in Clean Energy Fuels in the third quarter valued at $31,000. NewEdge Advisors LLC raised its position in Clean Energy Fuels by 1,419,900.0% in the 2nd quarter. NewEdge Advisors LLC now owns 14,200 shares of the utilities provider’s stock valued at $28,000 after purchasing an additional 14,199 shares in the last quarter. Mercer Global Advisors Inc. ADV purchased a new position in shares of Clean Energy Fuels in the 4th quarter valued at about $31,000. BNP Paribas Financial Markets boosted its stake in shares of Clean Energy Fuels by 54.8% in the 2nd quarter. BNP Paribas Financial Markets now owns 14,844 shares of the utilities provider’s stock valued at $29,000 after buying an additional 5,254 shares during the period. Finally, PNC Financial Services Group Inc. grew its position in shares of Clean Energy Fuels by 140.2% during the second quarter. PNC Financial Services Group Inc. now owns 14,971 shares of the utilities provider’s stock worth $29,000 after buying an additional 8,738 shares in the last quarter. Institutional investors and hedge funds own 49.94% of the company’s stock.

Clean Energy Fuels Company Profile

Clean Energy Fuels Corp., founded in 1997 and headquartered in Newport Beach, California, is a leading provider of natural gas and renewable natural gas (RNG) fuel for the transportation sector. The company operates a network of more than 500 fueling stations across the United States and Canada, supplying compressed natural gas (CNG), liquefied natural gas (LNG) and RNG derived from organic waste streams. Clean Energy serves a diverse customer base that includes commercial trucking fleets, public transit agencies, refuse haulers and municipal vehicle operators.

In addition to fuel supply, Clean Energy offers turnkey station design, construction and ongoing maintenance services, as well as fueling hardware and project management.