With an upside potential of 200%, XCF Global, Inc. (NASDAQ:SAFX) is among the 11 Most Promising Renewable Energy Stocks Right Now.
XCF Global, Inc. (NASDAQ:SAFX) stated on May 7 that elevated jet fuel prices continue to reinforce the strategic importance of domestic Sustainable Aviation Fuel, or SAF, production capacity
The company cited the Argus U.S. Jet Fuel Index, which stood at $4.26 per gallon as of May 4, 2026, and emphasized that airlines and fuel purchasers are increasingly seeking lower-emission fuel solutions with stronger supply-chain resilience and greater domestic sourcing visibility. CEO Chris Cooper noted that fuel availability and pricing remain major concerns for the aviation industry, positioning domestic waste-based SAF production as an increasingly valuable component of future aviation fuel infrastructure.
Earlier, on April 14, Roth Capital analyst Craig Irwin raised the firm’s price target on XCF Global, Inc. (NASDAQ:SAFX) to $1.20 from $0.40 while maintaining a Neutral rating on the shares. The analyst cited tangible operational progress, including continued advancement of the New Rise restart project and a collaboration and licensing agreement with Axens related to SAF technology. Roth Capital described the Axens partnership as a strong endorsement of XCF Global’s sustainable aviation fuel platform and commercialization strategy.