The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell".
The average consensus recommendation for the renewable fuels peer group is "buy". Wall Street's median 12-month price target for Gevo, Inc. is $3.75, about 145.1% above its August 5 closing price of $1.53.
Quarterly revenue slightly beats estimates
US renewable fuels maker Gevo said second-quarter revenue slightly beat analyst expectations, while the company posted a large net loss after a $176 million one-time, non-cash impairment charge.
*Applies to a deviation of less than 1%; not applicable for per-share numbers.
Higher EBITDA outlook and carbon revenue targets
Gevo raised its full-year 2026 non-GAAP adjusted EBITDA outlook to exceed $60 million.
The company also targets more than $70 million in Section 45Z tax credit monetizations for 2026 and expects substantial operating cash flow in the third and fourth quarters of 2026.
Impairment charge and downtime weighed on results
Gevo said quarterly revenue was affected by annual planned maintenance downtime completed in April.
The one-time impairment charge was tied to the company's exit from the ATJ-60 project and other non-core activities as it prioritizes growth at Gevo North Dakota.