NASDAQ:NFE - New Fortress Energy Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $45.50
  • Forecasted Upside: 52.58 %
  • Number of Analysts: 10
  • Breakdown:
  • 0 Sell Ratings
  • 3 Hold Ratings
  • 7 Buy Ratings
  • 0 Strong Buy Ratings
$29.82
▼ -0.31 (-1.03%)

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 $45.50
▲ +52.58% Upside Potential
This price target is based on 10 analysts offering 12 month price targets for New Fortress Energy in the last 3 months. The average price target is $45.50, with a high forecast of $69.00 and a low forecast of $26.00. The average price target represents a 52.58% upside from the last price of $29.82.

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 Buy

The current consensus among 10 polled investment analysts is to buy stock in New Fortress Energy. This Buy consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart

  • 0 strong buy ratings
  • 7 buy ratings
  • 2 hold ratings
  • 0 sell ratings
2/4/2020
  • 0 strong buy ratings
  • 4 buy ratings
  • 1 hold ratings
  • 0 sell ratings
5/4/2020
  • 0 strong buy ratings
  • 5 buy ratings
  • 1 hold ratings
  • 0 sell ratings
8/2/2020
  • 0 strong buy ratings
  • 7 buy ratings
  • 2 hold ratings
  • 0 sell ratings
10/31/2020
  • 0 strong buy ratings
  • 8 buy ratings
  • 2 hold ratings
  • 0 sell ratings
1/29/2021
  • 0 strong buy ratings
  • 8 buy ratings
  • 2 hold ratings
  • 0 sell ratings
4/29/2021
  • 0 strong buy ratings
  • 7 buy ratings
  • 2 hold ratings
  • 0 sell ratings
6/28/2021
  • 0 strong buy ratings
  • 7 buy ratings
  • 3 hold ratings
  • 0 sell ratings
7/28/2021

Latest Recommendations

  • 0 strong buy ratings
  • 7 buy ratings
  • 3 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
7/22/2021BarclaysLower Price TargetNeutral ➝ Equal Weight$45.00 ➝ $38.00High
6/2/2021Credit Suisse GroupLower Price TargetNeutral$52.00 ➝ $50.00High
5/13/2021Morgan StanleyReiterated RatingOverweight$55.00Low
3/16/2021Stifel NicolausUpgradeHold ➝ Buy$50.00High
1/26/2021Credit Suisse GroupBoost Price TargetNeutral$37.00 ➝ $50.00High
1/15/2021Evercore ISIBoost Price Target$53.00 ➝ $67.00High
1/14/2021JMP SecuritiesBoost Price Target$45.00 ➝ $69.00High
11/18/2020BTIG ResearchBoost Price TargetPositive ➝ Buy$30.00 ➝ $45.00Low
11/10/2020Credit Suisse GroupBoost Price TargetNeutral$28.00 ➝ $37.00Low
11/2/2020Morgan StanleyBoost Price TargetOverweight$27.00 ➝ $46.00Low
10/30/2020Smith Barney CitigroupDowngradeBuy ➝ Neutral$26.00 ➝ $40.00Medium
10/28/2020Stifel NicolausReiterated RatingBuy ➝ Hold$45.00High
9/8/2020Credit Suisse GroupBoost Price TargetNeutral$16.00 ➝ $28.00High
8/26/2020Echelon Wealth PartnersInitiated CoverageBuy$40.00Low
8/26/2020Fearnley FondsInitiated CoverageBuy$40.00Medium
8/5/2020ScotiabankBoost Price TargetSector Outperform$25.00 ➝ $26.00Medium
8/5/2020CitigroupBoost Price TargetBuy$16.00 ➝ $26.00High
8/4/2020Morgan StanleyBoost Price TargetOverweight$25.00 ➝ $27.00High
7/22/2020ScotiabankInitiated CoverageSector Outperform$25.00Low
6/17/2020Johnson RiceInitiated CoverageBuy$22.00High
5/8/2020CitigroupLower Price TargetBuy$21.00 ➝ $16.00Medium
10/15/2019BarclaysSet Price TargetHold$18.00N/A
10/1/2019BTIG ResearchInitiated CoverageBuy$30.00Low
9/30/2019CitigroupBoost Price TargetBuy$18.00 ➝ $22.00Low
9/20/2019Morgan StanleyReiterated RatingOverweight$25.00Low
8/13/2019BarclaysReiterated RatingNeutral ➝ Hold$15.00High
5/16/2019JMP SecuritiesLower Price TargetMarket Outperform$20.00 ➝ $19.00High
3/28/2019BarclaysSet Price TargetHold$11.00High
3/13/2019JMP SecuritiesReiterated RatingBuy$20.00High
2/25/2019Evercore ISIInitiated CoverageOutperform ➝ Outperform$23.00High
2/25/2019Credit Suisse GroupInitiated CoverageNeutral ➝ Neutral$17.00Low
2/25/2019Morgan StanleyInitiated CoverageOverweight ➝ Overweight$19.00Low
2/25/2019JMP SecuritiesInitiated CoverageMkt Outperform ➝ Mkt Outperform$18.00Low
2/25/2019BarclaysInitiated CoverageEqual Weight ➝ Equal Weight$16.00Low
2/25/2019CitigroupInitiated CoverageBuy ➝ BuyLow
2/25/2019Stifel NicolausInitiated CoverageBuy ➝ Buy$27.00Low
2/21/2019Wolfe ResearchInitiated CoverageOutperform ➝ Outperform$20.00Low
(Data available from 7/28/2016 forward)
New Fortress Energy logo
New Fortress Energy Inc. operates as an integrated gas-to-power infrastructure company, provides energy and development services to end-users worldwide. The company engages in the natural gas procurement and liquefaction; and shipping, logistics, facilities and conversion, or development of natural gas-fired power generation. It also supplies LNG. 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; and landed micro-fuel handling facility in San Juan, Puerto Rico, as well as 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: $29.82
Low: $29.71
High: $30.57

50 Day Range

MA: $38.49
Low: $30.13
High: $44.89

52 Week Range

Now: $29.82
Low: $18.16
High: $65.90

Volume

8,180 shs

Average Volume

556,098 shs

Market Capitalization

$5.25 billion

P/E Ratio

N/A

Dividend Yield

1.31%

Beta

1.64

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, Citigroup Inc., Credit Suisse Group AG, Echelon Wealth Partners, Evercore ISI, Fearnley Fonds, JMP Securities, Morgan Stanley, Scotiabank, Smith Barney Citigroup, Stifel Nicolaus, TheStreet, and Zacks Investment Research.
View the latest analyst ratings for NFE.

What is the current price target for New Fortress Energy?

12 Wall Street analysts have set twelve-month price targets for New Fortress Energy in the last year. Their average twelve-month price target is $45.50, suggesting a possible upside of 52.6%. JMP Securities has the highest price target set, predicting NFE will reach $69.00 in the next twelve months. Scotiabank has the lowest price target set, forecasting a price of $26.00 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 3 hold ratings and 7 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe NFE will outperform the market and that investors should add to their positions of New Fortress Energy.
View the latest ratings for NFE.

What other companies compete with 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.