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New Fortress Energy - NFE Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: $19.77
  • Forecasted Upside: 111.18%
  • Number of Analysts: 6
  • Breakdown:
  • 1 Sell Ratings
  • 3 Hold Ratings
  • 2 Buy Ratings
  • 0 Strong Buy Ratings
$9.36 As of 10/11/2024 01:00 AM ET
▲ +0.06 (0.65%)

This chart shows the closing price for NFE by one month, three months, or twelve months.

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Analyst Price Target for NFE

Analyst Price Target is $19.77
▲ +111.18% Upside Potential
This price target is based on 6 analysts offering 12 month price targets for New Fortress Energy in the last 3 months. The average price target is $19.77, with a high forecast of $45.00 and a low forecast of $7.60. The average price target represents a 111.18% upside from the last price of $9.36.

This chart shows the closing price for NFE for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Hold

The current consensus among 6 investment analysts is to hold stock in New Fortress Energy. This rating has held steady since July 2024, when it changed from a Moderate Buy consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 8 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
4/20/2023
  • 0 strong buy ratings
  • 7 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
7/19/2023
  • 0 strong buy ratings
  • 6 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
10/17/2023
  • 0 strong buy ratings
  • 5 buy ratings
  • 3 hold ratings
  • 0 sell ratings
Ratings as of
1/15/2024
  • 0 strong buy ratings
  • 3 buy ratings
  • 4 hold ratings
  • 0 sell ratings
Ratings as of
4/14/2024
  • 0 strong buy ratings
  • 3 buy ratings
  • 3 hold ratings
  • 0 sell ratings
Ratings as of
7/13/2024
  • 0 strong buy ratings
  • 2 buy ratings
  • 3 hold ratings
  • 0 sell ratings
Ratings as of
9/11/2024
  • 0 strong buy ratings
  • 2 buy ratings
  • 3 hold ratings
  • 1 sell ratings
Ratings as of
10/11/2024

Latest Recommendations

  • 0 strong buy ratings
  • 2 buy ratings
  • 3 hold ratings
  • 1 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
10/3/2024Morgan StanleyDowngradeOverweight ➝ Equal Weight$35.00 ➝ $15.00
10/1/2024Deutsche Bank AktiengesellschaftReiterated RatingHold ➝ Sell$21.00 ➝ $7.60
9/13/2024BTIG ResearchLower TargetBuy ➝ Buy$35.00 ➝ $15.00
8/12/2024Deutsche Bank AktiengesellschaftLower TargetHold ➝ Hold$26.00 ➝ $21.00
8/12/2024Stifel NicolausLower TargetBuy ➝ Buy$40.00 ➝ $17.00
8/5/2024BarclaysLower TargetEqual Weight ➝ Equal Weight$27.00 ➝ $19.00
7/23/2024Deutsche Bank AktiengesellschaftLower TargetHold ➝ Hold$33.00 ➝ $26.00
5/9/2024Deutsche Bank AktiengesellschaftLower TargetHold ➝ Hold$35.00 ➝ $33.00
5/9/2024Stifel NicolausLower TargetBuy ➝ Buy$45.00 ➝ $43.00
5/6/2024BarclaysLower TargetEqual Weight ➝ Equal Weight$32.00 ➝ $27.00
3/4/2024Deutsche Bank AktiengesellschaftReiterated RatingBuy ➝ Hold$40.00 ➝ $35.00
3/1/2024Stifel NicolausLower TargetBuy ➝ Buy$49.00 ➝ $45.00
12/19/2023Capital One FinancialInitiated CoverageEqual Weight$45.00
11/13/2023Stifel NicolausBoost TargetBuy ➝ Buy$40.00 ➝ $46.00
9/29/2023Stifel NicolausLower TargetBuy ➝ Buy$44.00 ➝ $40.00
9/14/2023CitigroupLower TargetBuy ➝ Buy$48.00 ➝ $43.00
8/9/2023Morgan StanleyLower TargetOverweight ➝ Overweight$48.00 ➝ $44.00
7/31/2023BarclaysLower TargetEqual Weight$34.00 ➝ $32.00
7/25/2023Morgan StanleyLower TargetOverweight$50.00 ➝ $48.00
6/8/2023Bank of AmericaDowngradeBuy ➝ Neutral$59.00 ➝ $31.00
4/24/2023BarclaysLower Target$39.00 ➝ $34.00
4/10/2023Deutsche Bank AktiengesellschaftInitiated CoverageBuy$60.00
3/7/2023Stifel NicolausBoost TargetBuy$43.00 ➝ $49.00
3/6/2023BarclaysLower TargetEqual Weight$44.00 ➝ $39.00
2/15/2023Morgan StanleyLower TargetOverweight$65.00 ➝ $50.00
2/10/2023BarclaysLower TargetEqual Weight$53.00 ➝ $44.00
2/1/2023Bank of AmericaInitiated CoverageBuy$67.00
1/31/2023BTIG ResearchUpgradeNeutral ➝ Buy$50.00
1/27/2023CitigroupLower TargetBuy$56.00 ➝ $48.00
11/16/2022BarclaysBoost TargetEqual Weight$48.00 ➝ $53.00
11/15/2022Evercore ISIBoost Target$74.00
10/19/2022Jefferies Financial GroupInitiated CoverageBuy$65.00
10/19/2022BarclaysLower TargetEqual Weight$54.00 ➝ $48.00
9/9/2022BTIG ResearchDowngradeBuy ➝ Neutral
9/6/2022Morgan StanleyBoost TargetOverweight$58.00 ➝ $65.00
8/15/2022BarclaysBoost Target$54.00
8/15/2022JMP SecuritiesBoost TargetMarket Outperform$56.00 ➝ $70.00
8/9/2022Evercore ISIBoost Target$58.00 ➝ $73.00
8/8/2022Morgan StanleyBoost TargetOverweight$54.00 ➝ $58.00
7/14/2022CitigroupInitiated CoverageBuy$56.00
4/7/2022Credit Suisse GroupBoost TargetOutperform$40.00 ➝ $49.00
4/4/2022Stifel NicolausBoost TargetBuy$45.00 ➝ $68.00
2/16/2022Morgan StanleyLower TargetOverweight$49.00 ➝ $45.00
1/20/2022BarclaysLower Target$32.00 ➝ $29.00
11/4/2021JMP SecuritiesLower TargetOutperform$69.00 ➝ $56.00
10/19/2021BarclaysBoost TargetEqual Weight$31.00 ➝ $32.00
10/8/2021Morgan StanleyReiterated RatingBuy$49.00
10/4/2021BarclaysLower TargetEqual Weight$38.00 ➝ $31.00
8/23/2021Morgan StanleyLower TargetOverweight$55.00 ➝ $49.00
8/19/2021Credit Suisse GroupUpgradeNeutral ➝ Outperform$50.00 ➝ $34.00
7/22/2021BarclaysLower TargetNeutral ➝ Equal Weight$45.00 ➝ $38.00
6/2/2021Credit Suisse GroupLower TargetNeutral$52.00 ➝ $50.00
5/13/2021Morgan StanleyReiterated RatingOverweight$55.00
3/16/2021Stifel NicolausUpgradeHold ➝ Buy$50.00
1/26/2021Credit Suisse GroupBoost TargetNeutral$37.00 ➝ $50.00
1/15/2021Evercore ISIBoost Target$53.00 ➝ $67.00
1/14/2021JMP SecuritiesBoost Target$45.00 ➝ $69.00
11/18/2020BTIG ResearchBoost TargetPositive ➝ Buy$30.00 ➝ $45.00
11/10/2020Credit Suisse GroupBoost TargetNeutral$28.00 ➝ $37.00
11/2/2020Morgan StanleyBoost TargetOverweight$27.00 ➝ $46.00
10/30/2020Smith Barney CitigroupDowngradeBuy ➝ Neutral$26.00 ➝ $40.00
10/28/2020Stifel NicolausReiterated RatingBuy ➝ Hold$45.00
9/8/2020Credit Suisse GroupBoost TargetNeutral$16.00 ➝ $28.00
8/26/2020Echelon Wealth PartnersInitiated CoverageBuy$40.00
8/26/2020Fearnley FondsInitiated CoverageBuy$40.00
8/5/2020ScotiabankBoost TargetSector Outperform$25.00 ➝ $26.00
8/5/2020CitigroupBoost TargetBuy$16.00 ➝ $26.00
8/4/2020Morgan StanleyBoost TargetOverweight$25.00 ➝ $27.00
7/22/2020ScotiabankInitiated CoverageSector Outperform$25.00
6/17/2020Johnson RiceInitiated CoverageBuy$22.00
5/8/2020CitigroupLower TargetBuy$21.00 ➝ $16.00
10/15/2019BarclaysSet TargetHold$18.00
(Data available from 10/11/2019 forward)

News Sentiment Rating

0.46 (Hold)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 23 very positive mentions
  • 31 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
3/15/2024
  • 11 very positive mentions
  • 5 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
4/14/2024
  • 14 very positive mentions
  • 7 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
5/14/2024
  • 14 very positive mentions
  • 6 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
6/13/2024
  • 5 very positive mentions
  • 5 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
7/13/2024
  • 12 very positive mentions
  • 16 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
8/12/2024
  • 9 very positive mentions
  • 14 positive mentions
  • 4 negative mentions
  • 0 very negative mentions
Mentions as of
9/11/2024
  • 34 very positive mentions
  • 109 positive mentions
  • 3 negative mentions
  • 0 very negative mentions
Mentions as of
10/11/2024

Current Sentiment

  • 34 very positive mentions
  • 109 positive mentions
  • 3 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

Positive

Very Positive

New Fortress Energy logo
New Fortress Energy Inc. operates as an integrated gas-to-power energy infrastructure company that provides energy and development services to end-users worldwide. The company operates in two segments, Terminals and Infrastructure, and Ships. The Terminals and Infrastructure segment engages in the natural gas procurement and liquefaction; and shipping, logistics, facilities and conversion, or development of natural gas-fired power generation. The Ships segment offers floating storage and regasification units (FRSU) and liquefied natural gas (LNG) carriers which are leased to customers under long-term or spot arrangements. The company operates LNG storage and regasification facility at the Port of Montego Bay, Jamaica; marine LNG storage and regasification facility in Old Harbour, Jamaica; Dual-fired combined heat and power facility in Clarendon, Jamaica; landed micro-fuel handling facility in San Juan, Puerto Rico; and LNG receiving facility and gas-fired power plant in Baja Califrnia Sur, Mexico, as well as a Miami facility. New Fortress Energy Inc. was founded in 1998 and is based in New York, New York.
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Today's Range

Now: $9.36
Low: $9.15
High: $9.63

50 Day Range

MA: $11.62
Low: $8.93
High: $17.02

52 Week Range

Now: $9.36
Low: $8.20
High: $40.04

Volume

2,957,985 shs

Average Volume

2,686,119 shs

Market Capitalization

$1.92 billion

P/E Ratio

7.93

Dividend Yield

4.43%

Beta

1.51

Frequently Asked Questions

What sell-side analysts currently cover shares of New Fortress Energy?

The following Wall Street research analysts have issued stock ratings on New Fortress Energy in the last year: Barclays PLC, BTIG Research, Capital One Financial Co., Deutsche Bank Aktiengesellschaft, Morgan Stanley, and Stifel Nicolaus.
View the latest analyst ratings for NFE.

What is the current price target for New Fortress Energy?

6 Wall Street analysts have set twelve-month price targets for New Fortress Energy in the last year. Their average twelve-month price target is $19.77, suggesting a possible upside of 107.6%. Capital One Financial Co. has the highest price target set, predicting NFE will reach $45.00 in the next twelve months. Deutsche Bank Aktiengesellschaft has the lowest price target set, forecasting a price of $7.60 for New Fortress Energy in the next year.
View the latest price targets for NFE.

What is the current consensus analyst rating for New Fortress Energy?

New Fortress Energy currently has 1 sell rating, 3 hold ratings and 2 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Hold." A "hold" rating indicates that analysts believe investors should keep any existing positions they have in NFE, but not buy more shares or sell existing shares.
View the latest ratings for NFE.

What other companies compete with New Fortress Energy?

Other companies that are similar to New Fortress Energy include Northwest Natural, South Jersey Industries, New Jersey Resources, National Fuel Gas and Companhia Paranaense de Energia. Learn More about companies similar to New Fortress Energy.

How do I contact New Fortress Energy's investor relations team?

New Fortress Energy's physical mailing address is 111 W. 19TH STREET 8TH FLOOR, NEW YORK NY, 10011. The company's listed phone number is (516) 268-7400 and its investor relations email address is [email protected]. The official website for New Fortress Energy is www.newfortressenergy.com. Learn More about contacing New Fortress Energy investor relations.