New Fortress Energy
(NASDAQ:NFE)
$29.60
0[0.00%]
At close: Mar 27
$29.60
0[0.00%]
PreMarket: 4:00PM EDT

New Fortress Energy Stock (NASDAQ:NFE), Analyst Ratings, Price Targets, Predictions

Analysts publish ratings and price targets on most stocks. Benzinga tracks 120 analyst firms so investors can understand if analysts expect a stock to trade higher or lower. Ratings are directional and typically buy, sell or hold. Price Targets are an analyst's best guess at where the stock will trade in 12 months.
Consensus Rating1
Buy
Highest Price Target1
$70.00
Lowest Price Target1
$31.00
Consensus Price Target1
$46.00

Analyst Rating Summary1

Analyst Ratings
Sep 23
1
Nov 23
1
Dec 23
1
Mar
1
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Deutsche Bank
Stifel
Capital One
Citigroup
Morgan Stanley

1calculated from analyst ratings published within the last 3 years

Analyst Ratings for New Fortress Energy

date
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ticker
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Buy Now
Company
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Current price
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Upside/Downside
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Analyst Firm
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Analyst & % Accurate
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Price Target Change
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Rating Change
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Previous / Current Rating
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Get Alert
03/04/2024NFEBuy Now
New Fortress Energy
$29.6018.24%Deutsche Bank
Chris Robertson
$40 → $35DowngradeBuy → HoldGet Alert
03/01/2024NFEBuy Now
New Fortress Energy
$29.6052.03%Stifel
Benjamin Nolan
$49 → $45MaintainsBuyGet Alert
12/19/2023NFEBuy Now
New Fortress Energy
$29.6052.03%Capital One
Wade Suki
→ $45Initiates → Equal-WeightGet Alert
11/13/2023NFEBuy Now
New Fortress Energy
$29.6055.41%Stifel
Benjamin Nolan
$40 → $46MaintainsBuyGet Alert
09/29/2023NFEBuy Now
New Fortress Energy
$29.6035.14%Stifel
Benjamin Nolan
$44 → $40MaintainsBuyGet Alert
09/14/2023NFEBuy Now
New Fortress Energy
$29.6045.27%Citigroup
Ryan Levine
$48 → $43MaintainsBuyGet Alert
08/09/2023NFEBuy Now
New Fortress Energy
$29.6048.65%Morgan Stanley
Devin McDermott
$48 → $44MaintainsOverweightGet Alert
07/31/2023NFEBuy Now
New Fortress Energy
$29.608.11%Barclays
Marc Solecitto
$34 → $32MaintainsEqual-WeightGet Alert
07/27/2023NFEBuy Now
New Fortress Energy
$29.6062.16%Morgan Stanley
Devin McDermott
$48 → $48ReiteratesOverweight → OverweightGet Alert
07/25/2023NFEBuy Now
New Fortress Energy
$29.6062.16%Morgan Stanley
Devin McDermott
$50 → $48MaintainsOverweightGet Alert
06/08/2023NFEBuy Now
New Fortress Energy
$29.604.73%B of A Securities
Cameron Lochridge
$59 → $31DowngradeBuy → NeutralGet Alert
04/24/2023NFEBuy Now
New Fortress Energy
$29.6014.86%Barclays
Marc Solecitto
$39 → $34MaintainsEqual-WeightGet Alert
04/10/2023NFEBuy Now
New Fortress Energy
$29.60102.7%Deutsche Bank
Chris Robertson
→ $60Initiates → BuyGet Alert
03/07/2023NFEBuy Now
New Fortress Energy
$29.6065.54%Stifel
Benjamin Nolan
$43 → $49MaintainsBuyGet Alert
03/06/2023NFEBuy Now
New Fortress Energy
$29.6031.76%Barclays
Marc Solecitto
$44 → $39MaintainsEqual-WeightGet Alert
02/15/2023NFEBuy Now
New Fortress Energy
$29.6068.92%Morgan Stanley
Devin McDermott
$65 → $50MaintainsOverweightGet Alert
02/10/2023NFEBuy Now
New Fortress Energy
$29.6048.65%Barclays
Marc Solecitto
$53 → $44MaintainsEqual-WeightGet Alert
02/01/2023NFEBuy Now
New Fortress Energy
$29.60126.35%B of A Securities
Cameron Lochridge
→ $67Initiates → BuyGet Alert
01/31/2023NFEBuy Now
New Fortress Energy
$29.6068.92%BTIG
Gregory Lewis
→ $50UpgradeNeutral → BuyGet Alert

FAQ

Q

What is the target price for New Fortress Energy (NFE)?

A

The latest price target for New Fortress Energy (NASDAQ: NFE) was reported by Deutsche Bank on March 4, 2024. The analyst firm set a price target for $35.00 expecting NFE to rise to within 12 months (a possible 18.24% upside). 13 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for New Fortress Energy (NFE)?

A

The latest analyst rating for New Fortress Energy (NASDAQ: NFE) was provided by Deutsche Bank, and New Fortress Energy downgraded their hold rating.

Q

When is the next analyst rating going to be posted or updated for New Fortress Energy (NFE)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of New Fortress Energy, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for New Fortress Energy was filed on March 4, 2024 so you should expect the next rating to be made available sometime around March 4, 2025.

Q

Is the Analyst Rating New Fortress Energy (NFE) correct?

A

While ratings are subjective and will change, the latest New Fortress Energy (NFE) rating was a downgraded with a price target of $40.00 to $35.00. The current price New Fortress Energy (NFE) is trading at is $29.60, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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