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

  • Consensus Rating: Buy
  • Consensus Price Target: $43.15
  • Forecasted Upside: 2.45 %
  • Number of Analysts: 11
  • Breakdown:
  • 0 Sell Ratings
  • 3 Hold Ratings
  • 8 Buy Ratings
  • 0 Strong Buy Ratings
$42.12
▲ +1.48 (3.64%)
1 month | 3 months | 12 months
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Analyst Price Target for NFE

i We calculate consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). Our consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. Our consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
$43.15
▲ +2.45% Upside Potential
This price target is based on 11 analysts offering 12 month price targets for New Fortress Energy in the last 3 months. The average price target is $43.15, with a high forecast of $69.00 and a low forecast of $22.00. The average price target represents a 2.45% upside from the last price of $42.12.

Buy

The current consensus among 11 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

  • 0 strong buy ratings
  • 7 buy ratings
  • 2 hold ratings
  • 0 sell ratings
11/15/2019
  • 0 strong buy ratings
  • 7 buy ratings
  • 2 hold ratings
  • 0 sell ratings
2/13/2020
  • 0 strong buy ratings
  • 4 buy ratings
  • 1 hold ratings
  • 0 sell ratings
5/13/2020
  • 0 strong buy ratings
  • 5 buy ratings
  • 1 hold ratings
  • 0 sell ratings
8/11/2020
  • 0 strong buy ratings
  • 7 buy ratings
  • 3 hold ratings
  • 0 sell ratings
11/9/2020
  • 0 strong buy ratings
  • 8 buy ratings
  • 3 hold ratings
  • 0 sell ratings
2/7/2021
  • 0 strong buy ratings
  • 8 buy ratings
  • 3 hold ratings
  • 0 sell ratings
4/8/2021
  • 0 strong buy ratings
  • 8 buy ratings
  • 3 hold ratings
  • 0 sell ratings
5/8/2021

Latest Recommendations

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

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
3/22/2021Stifel NicolausUpgradeHold ➝ Buy$50.00Low
i
3/16/2021Stifel NicolausUpgradeHold ➝ Buy$50.00High
i
1/26/2021Credit Suisse GroupBoost Price TargetNeutral$37.00 ➝ $50.00High
i
1/15/2021Evercore ISIBoost Price Target$53.00 ➝ $67.00High
i
1/14/2021JMP SecuritiesBoost Price Target$45.00 ➝ $69.00High
i
11/18/2020BTIG ResearchBoost Price TargetPositive ➝ Buy$30.00 ➝ $45.00Low
i
11/10/2020Credit Suisse GroupBoost Price TargetNeutral$28.00 ➝ $37.00Low
i
11/2/2020Morgan StanleyBoost Price TargetOverweight$27.00 ➝ $46.00Low
i
10/30/2020Smith Barney CitigroupDowngradeBuy ➝ Neutral$26.00 ➝ $40.00Medium
i
10/30/2020Citigroup Inc. 3% Minimum Coupon Principal Protected Based Upon RussellDowngradeBuy ➝ Neutral$26.00 ➝ $40.00High
i
10/28/2020Stifel NicolausReiterated RatingBuy ➝ Hold$45.00High
i
9/8/2020Credit Suisse GroupBoost Price TargetNeutral$16.00 ➝ $28.00High
i
8/26/2020Echelon Wealth PartnersInitiated CoverageBuy$40.00Low
i
8/26/2020Fearnley FondsInitiated CoverageBuy$40.00Medium
i
8/5/2020ScotiabankBoost Price TargetSector Outperform$25.00 ➝ $26.00Medium
i
Rating by Alonso Guerra-Garcia at Scotiabank
8/5/2020CitigroupBoost Price TargetBuy$16.00 ➝ $26.00High
i
8/4/2020Morgan StanleyBoost Price TargetOverweight$25.00 ➝ $27.00High
i
7/22/2020ScotiabankInitiated CoverageSector Outperform$25.00Low
i
6/17/2020Johnson RiceInitiated CoverageBuy$22.00High
i
5/8/2020CitigroupLower Price TargetBuy$21.00 ➝ $16.00Medium
i
10/15/2019BarclaysSet Price TargetHold$18.00N/A
i
Rating by Christine Cho, CFA at Barclays PLC
10/1/2019BTIG ResearchInitiated CoverageBuy$30.00Low
i
9/30/2019CitigroupBoost Price TargetBuy$18.00 ➝ $22.00Low
i
9/20/2019Morgan StanleyReiterated RatingOverweight$25.00Low
i
8/13/2019BarclaysReiterated RatingNeutral ➝ Hold$15.00High
i
Rating by Christine Cho, CFA at Barclays PLC
5/16/2019JMP SecuritiesLower Price TargetMarket Outperform$20.00 ➝ $19.00High
i
3/28/2019BarclaysSet Price TargetHold$11.00High
i
Rating by Christine Cho, CFA at Barclays PLC
3/13/2019JMP SecuritiesReiterated RatingBuy$20.00High
i
2/25/2019Evercore ISIInitiated CoverageOutperform ➝ Outperform$23.00High
i
2/25/2019Credit Suisse GroupInitiated CoverageNeutral ➝ Neutral$17.00Low
i
2/25/2019Morgan StanleyInitiated CoverageOverweight ➝ Overweight$19.00Low
i
2/25/2019JMP SecuritiesInitiated CoverageMkt Outperform ➝ Mkt Outperform$18.00Low
i
2/25/2019BarclaysInitiated CoverageEqual Weight ➝ Equal Weight$16.00Low
i
2/25/2019CitigroupInitiated CoverageBuy ➝ BuyLow
i
2/25/2019Stifel NicolausInitiated CoverageBuy ➝ Buy$27.00Low
i
2/21/2019Wolfe ResearchInitiated CoverageOutperform ➝ Outperform$20.00Low
i
(Data available from 5/8/2016 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.
Read More

Today's Range

Now: $42.12
$39.04
$42.60

50 Day Range

MA: $46.60
$40.64
$52.61

52 Week Range

Now: $42.12
$11.48
$65.90

Volume

683,792 shs

Average Volume

526,862 shs

Market Capitalization

$7.41 billion

P/E Ratio

N/A

Dividend Yield

0.98%

Beta

1.72

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: BTIG Research, Citigroup Inc., Citigroup Inc. 3% Minimum Coupon Principal Protected Based Upon Russell, Credit Suisse Group AG, Echelon Wealth Partners, Evercore ISI, Fearnley Fonds, JMP Securities, Johnson Rice, 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?

13 Wall Street analysts have set twelve-month price targets for New Fortress Energy in the last year. Their average twelve-month price target is $43.15, suggesting a possible upside of 2.5%. JMP Securities has the highest price target set, predicting NFE will reach $69.00 in the next twelve months. Johnson Rice has the lowest price target set, forecasting a price of $22.00 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 8 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.