Clean Energy Fuels Corp. (CLNE) Fair Value 2026

CLNE · Oil & Gas Refining & Marketing ·

By CirclFi Research Team · Data from SEC EDGAR, FRED & GDELT

Quality Score

6.5 /10

32 fundamental signals · 5 models active

Value Trap Risk

LOW (26/100)

Quick Summary — As of 2026-08-28, Clean Energy Fuels Corp. (CLNE) trades at $1.63, versus a $1.51 median fair value across its 5 active models — 7.5% below the current price. QOC: 6.5/10. Value Trap Risk: 26/100 (LOW). 5/13 models active.

Key Facts

Ticker
CLNE
Price
$1.63
Quality Score
6.5/10
Value Trap Risk
26/100
Models Active
5/13
Last Updated
Strength: 5 independent models provide multi-angle coverage
Risk: Majority of models suggest overvaluation

Is Clean Energy Fuels Corp. (CLNE) Undervalued or Overvalued in 2026?

According to CirclFi’s 5-model valuation engine, Clean Energy Fuels Corp. (CLNE) appears fairly valued as of : the median of 5 independent fair value estimates is $1.51, within 7.5% of the current price of $1.63. Estimates range from $0.53 to $3.50. CLNE scores 6.5/10 on fundamental quality and 26/100 on value-trap risk.

For context, the median US equity CirclFi rates trades at an implied -23.4% versus its own 13-model consensus, across 3,809 rated companies as of 2026-08-28. CLNE’s -7.5% gap is narrower than that market norm, and the Oil & Gas Refining & Marketing sector median is -25.1%. Full market index →

This verdict compares price to intrinsic value only — it is not a buy or sell rating. For the decision case (bull vs bear arguments, risk factors, peers), read Should You Buy Clean Energy Fuels Corp. Stock in 2026? →

What Fair Value Does Each Model Give CLNE?

5 Intrinsic Value Models vs. Current Price ($1.63)

Core Models (Unlocked)
Model Fair Value Upside
Ensemble · Low Conviction
 $1.51 -7.5%
Asset-Based · High Conviction
 $0.53 -67.8%
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What Is CLNE's Fair Value Range?

Spread across 5 independent models · $0.53 to $3.50

CirclFi's 5 active models place Clean Energy Fuels Corp. (CLNE) between $0.53 and $3.50 per share, a spread of 197% of the median. The median of that range — $1.51 — is the fair value CirclFi publishes for CLNE, against a current price of $1.63.

Low · Dynamic NAVHigh · PWERM
$0.53median $1.51$3.50
Where the range comes from
Most bearish modelDynamic NAV$0.53
Most bullish modelPWERM$3.50
Model agreement2 bullish · 3 bearishwide

A band this wide is itself the finding. When independent methods land far apart, they are reading a business whose value depends heavily on which lens you apply — volatile earnings, heavy reinvestment, or an asset base that cash-flow and asset-based methods score differently. That disagreement is information: it says the choice of method matters more than usual for CLNE. Treat the median as one reading among several and compare the individual models below before acting.

Every figure above is one model's standalone output on CLNE, not a CirclFi price target. How each model works →

What Is Clean Energy Fuels Corp. (CLNE) Worth in 2026?

According to the CirclFi Deep Alpha Valuation Engine, Clean Energy Fuels Corp.'s intrinsic value is estimated at a median fair value of $1.51. Trading at $1.63, the stock is approaching fair value or slight overvaluation (implied return of -7.5%), as 3 of 5 models suggest limited further upside. Model dispersion is worth noting: PWERM targets $3.50 (+114.8%), versus Dynamic NAV at $0.53 (-67.8%). This +182.6% range highlights the importance of multi-model analysis rather than relying on any single methodology.

What Do the Models Say About CLNE?

5 of 13 models are currently active for CLNE. Of these, 2 models suggest upside while 3 models suggest overvaluation. Taken together, their median fair value for CLNE is $1.51 — the figure CirclFi publishes as this stock's fair value. See which stocks rank higher →

How Does CLNE Rank in Oil & Gas Refining & Marketing?

Among 19 Oil & Gas Refining & Marketing stocks, CLNE ranks #16 by Quality of Company score. CirclFi's QOC score of 6.5/10 evaluates 32 fundamental signals. A score of 6.5 indicates above-average quality.

Clean Energy Fuels Corp.'s positioning within the Oil & Gas Refining & Marketing segment means that finding and development costs (F&D) plays an outsized role in fundamental analysis. The sector's unique characteristics — including basin-level economics — shape both the opportunity set and risk profile.

Is CLNE a Value Trap?

CirclFi's Value Trap algorithm assigns CLNE a score of 26/100 (LOW). This indicates low risk. The financial profile does not exhibit typical value trap warning signs. The score cross-references apparent undervaluation against fundamental deterioration signals. Browse lowest value-trap stocks →

Multi-Model Methodology

5 of 13 models are active for Clean Energy Fuels Corp.. Limited activation may indicate insufficient history. Each model applies a fundamentally different valuation philosophy. See the complete methodology →

According to the CirclFi Quality of Company (QOC) framework, Clean Energy Fuels Corp. earns a quality score of 6.5/10. This respectable rating reflects the company's standing across 32 fundamental signals spanning profitability, growth consistency, balance sheet strength, and capital allocation efficiency.

The gap between the most bullish and bearish model spans +182.6% — demonstrating why single-model analysis is dangerous. Browse all stocks with 13-model coverage →

Data Sources & Confidence

Every CLNE valuation is built from SEC EDGAR XBRL filings — 700+ standardized financial tags. Macroeconomic context from FRED calibrates discount rates, while GDELT news sentiment feeds into our Sentiment SOTP model. All pipelines run daily. Read the complete data methodology →

Across CLNE's 5 active models, average confidence is 29%. Lower confidence may reflect limited history or high volatility.

CirclFi's output is a research starting point, not a buy/sell signal. All data updates daily. Read the full methodology →

This analysis is produced by the CirclFi Valuation Engine using quantitative models applied to SEC EDGAR filings, public market feeds, and FRED macroeconomic indicators. It is not financial advice.

Read the full investment analysis: Should You Buy Clean Energy Fuels Corp. Stock in 2026? →

Bull case, bear case, risk factors & peer comparison — updated daily

Which Similar Oil & Gas Refining & Marketing Stocks Should You Also Analyze?

10 related Oil & Gas Refining & Marketing stocks with 13-model coverage

CSANCosan S.A.QOC 6.6FGPRFerrellgas Partners, L.P.QOC 6.0BDCOBlue Dolphin Energy CompanyQOC 6.6APCARKO Petroleum Corp.QOC 4.5DKLDelek Logistics Partners, LPQOC 6.8DLXYDelixy Holdings LimitedQOC 2.7UGPUltrapar Participações S.A.QOC 8.8SGUStar Group, L.P.QOC 8.2CVICVR Energy, Inc.QOC 7.3PARRPar Pacific Holdings, Inc.QOC 8.6

Read investment analysis: CSAN · FGPR · BDCO · APC · DKL · DLXY · UGP · SGU · CVI · PARR

Which Other Stocks Have a Similar Quality Score to CLNE?

7 companies across all industries closest to CLNE’s Quality of Company score of 6.5/10.

TAPMolson Coors Beverage CompanyQOC 6.5KRMDKORU Medical Systems, Inc.QOC 6.5SPCEVirgin Galactic Holdings, Inc.QOC 6.5VRDNViridian Therapeutics, Inc.QOC 6.5WRAPWrap Technologies, Inc.QOC 6.5KVHIKVH Industries, Inc.QOC 6.5NVDANVIDIA CorporationQOC 10.0

Read investment analysis: TAP · KRMD · SPCE · VRDN · WRAP · KVHI · NVDA

What Else Do Investors Ask About Clean Energy Fuels Corp.’s Valuation?

What is Clean Energy Fuels Corp.'s intrinsic value in 2026?

CirclFi puts Clean Energy Fuels Corp. (CLNE)'s intrinsic value at $1.51 — the median of 5 independent model estimates as of 2026-08-28, ranging from $0.53 to $3.50. The Quality of Company score is 6.5/10 across 32 fundamental signals. All models use SEC EDGAR filings updated daily. See our methodology page for how each model works.

Is CLNE overvalued or undervalued right now?

At $1.63, 2 of 5 active models suggest CLNE may be undervalued, while 3 indicate potential overvaluation. The median of all 5 fair value estimates is $1.51, within 7.5% of the current price of $1.63 — a consensus view that CLNE is fairly valued. The assessment depends on which methodology best fits Clean Energy Fuels Corp.'s business model in Oil & Gas Refining & Marketing.

What does a Quality of Company score of 6.5 mean for CLNE?

Clean Energy Fuels Corp.'s QOC of 6.5/10 reflects 32 fundamental signals: profitability margins, revenue growth consistency, balance sheet leverage, free cash flow generation, and capital allocation efficiency. Scores between 5-7 reflect moderate fundamentals with areas for improvement.

How many valuation models does CirclFi run on CLNE?

CirclFi analyzes CLNE with 13 institutional-grade models daily: Bayesian DCF (Monte Carlo + jump-diffusion), EPV (Greenwald zero-growth), EROIC Spread (McKinsey reinvestment), First Chicago (3-scenario), Markov DDM (regime-switching), ML-RIV (machine learning residual income), Dynamic NAV (asset-based), PWERM (option-theoretic), Regime Cross-Sectional (relative), Sentiment SOTP (hybrid), CUCE Ensemble (meta-model), FTNN Topology (neural network), and RCMH-DCF (conditional regime). Currently 5 of 13 are active for this stock. Read the full methodology →

Which valuation models are most bullish and most bearish on CLNE?

Of the 5 models currently active on CLNE, PWERM is the most bullish at $3.50 per share, and Dynamic NAV is the most bearish at $0.53. CirclFi's published fair value for CLNE is the median of that range, $1.51, not either extreme. The gap between the two ends equals 197% of the median — a wide spread, meaning the methods genuinely disagree and the median should carry less weight. Browse stocks by value-trap risk →

Is CLNE a value trap in 2026?

Clean Energy Fuels Corp.'s Value Trap score is 26/100 (LOW). This low score indicates the current valuation is not artificially depressed by fundamental deterioration, suggesting genuine opportunity rather than a trap.

Cite this analysis — “According to CirclFi’s 5-model valuation engine, Clean Energy Fuels Corp. (CLNE) has a median fair value of $1.51 — within 7.5% of the current price of $1.63 — as of 2026-08-28.” Source: circlfi.com/stock/CLNE/ · Methodology
Primary sources for this CLNE valuation
  • Financial statements: Clean Energy Fuels Corp. 10-K and 10-Q filings on SEC EDGAR (CIK 0001368265) — 700+ standardized XBRL tags, published by the U.S. Securities and Exchange Commission.
  • Discount-rate inputs: FRED, Federal Reserve Bank of St. Louis — risk-free rates, VIX, yield curve, inflation.
  • News sentiment: The GDELT Project — global media tone, input to the Sentiment SOTP model.
  • Model definitions: CirclFi methodology — the published specification for all 13 models, including the academic sources each one implements.

Market data for CLNE as of ; valuations recomputed .

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