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New Fortress Energy

NFENASDAQ
Logo brought to you by Benzinga Data
$9.49
-1.11-10.47%
At Close: -
$9.58
0.090.95%
After Hours: 7:56 PM EDT
15 minutes delayed
Consensus Rating1
Equal-Weight
Highest Price Target1
$70.00
Lowest Price Target1
$15.00
Consensus Price Target1
$37.15

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

New Fortress Energy Inc has a consensus price target of $37.15 based on the ratings of 13 analysts. The high is $70 issued by JMP Securities on August 15, 2022. The low is $15 issued by BTIG on September 13, 2024. The 3 most-recent analyst ratings were released by BTIG, Deutsche Bank, and Stifel on September 13, 2024, August 12, 2024, and August 12, 2024, respectively. With an average price target of $17.67 between BTIG, Deutsche Bank, and Stifel, there's an implied 84.41% upside for New Fortress Energy Inc from these most-recent analyst ratings.

Analyst Trends and Forecast
1
May
0
0
0
0
Jul
1
Aug
0
0
0
0
Sep
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
2.8
Hold
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

BTIG
Deutsche Bank
Stifel
Barclays
Capital One

1calculated from analyst ratings

Analyst Ratings for New Fortress Energy

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FAQ

Q

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

A

The latest price target for New Fortress Energy (NASDAQ:NFE) was reported by BTIG on September 13, 2024. The analyst firm set a price target for $15.00 expecting NFE to rise to within 12 months (a possible 56.58% 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 BTIG, and New Fortress Energy maintained their buy rating.

Q

When was the last upgrade for New Fortress Energy (NFE)?

A

The last upgrade for New Fortress Energy Inc happened on January 31, 2023 when BTIG raised their price target to $50. BTIG previously had a neutral for New Fortress Energy Inc.

Q

When was the last downgrade for New Fortress Energy (NFE)?

A

The last downgrade for New Fortress Energy Inc happened on March 4, 2024 when Deutsche Bank changed their price target from $40 to $35 for New Fortress Energy Inc.

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 September 13, 2024 so you should expect the next rating to be made available sometime around September 13, 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 maintained with a price target of $35.00 to $15.00. The current price New Fortress Energy (NFE) is trading at is $9.58, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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