Stock Price
P/E Ratio
Volume Traded Today
Dividend
52 Week High/low
New Fortress Energy LLC Market Cap
The New Fortress Energy LLC (NFE) share price is expected to increase by 87.02% over the next year. This is based on calculating the average 12-month share price estimate provided by 10 stock analysts who have covered NFE. Price targets range from $7.6 at the low end to $35 at the high end. The current analyst consensus for NFE is a buy. Please note analyst price targets are not guaranteed and could be missed completely.
About 10 Wall Street analysts have assignedNFE 6 buy ratings, 3 hold ratings, and 1 sell ratings. This means that analysts expect New Fortress Energy LLC to buy. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on NFE. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.
These are the latest 20 analyst ratings of NFE.
|
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
|---|---|---|---|---|
| Devin McDermott Morgan Stanley | Equal-Weight | $15 | Downgrade | Oct 3, 2024 |
| Gregory Lewis BTIG | Buy | $15 | Maintains | Sep 13, 2024 |
| Chris Robertson Deutsche Bank | Hold | $21 | Maintains | Aug 12, 2024 |
| Benjamin Nolan Stifel | Buy | $17 | Maintains | Aug 12, 2024 |
| Theresa Chen Barclays | Equal-Weight | $19 | Maintains | Aug 5, 2024 |
| Chris Robertson Deutsche Bank | Hold | $26 | Maintains | Jul 23, 2024 |
| Benjamin Nolan Stifel | Buy | $43 | Maintains | May 9, 2024 |
| Chris Robertson Deutsche Bank | Hold | $33 | Maintains | May 9, 2024 |
| Theresa Chen Barclays | Equal-Weight | $27 | Maintains | May 6, 2024 |
| Chris Robertson Deutsche Bank | Hold | $35 | Downgrade | Mar 4, 2024 |
| Benjamin Nolan Stifel | Buy | $45 | Maintains | Mar 1, 2024 |
| Wade Suki Capital One | Equal-Weight | $45 | Initiates | Dec 19, 2023 |
| Benjamin Nolan Stifel | Buy | $46 | Maintains | Nov 13, 2023 |
| Benjamin Nolan Stifel | Buy | $40 | Maintains | Sep 29, 2023 |
| Ryan Levine Citigroup | Buy | $43 | Maintains | Sep 14, 2023 |
| Devin McDermott Morgan Stanley | Overweight | $44 | Maintains | Aug 9, 2023 |
Barclays | Equal-Weight | Maintains | Jul 31, 2023 | |
Morgan Stanley | Overweight | Reiterates | Jul 27, 2023 | |
Morgan Stanley | Overweight | Maintains | Jul 25, 2023 | |
| Cameron Lochridge B of A Securities | Neutral | $31 | Downgrade | Jun 8, 2023 |
When did it IPO
N/A
Staff Count
677
Country
United States
Sector/Industry
Utilities/Utilities - Regulated Gas
CEO
Mr. Wesley Robert Edens
Market Cap
$2.68B
In 2023, NFE generated $2.41B in revenue, which was a increase of 0.00% from the previous year. This can be seen as a signal that NFE's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Tue, 26 Nov 2024
Sentiment - NEUTRAL
Source - Business Wire
Summary - New Fortress Energy Inc. has completed the first step of a $2.7 billion senior secured notes issuance, raising $1.2 billion. The second step, $1.5 billion, is expected to close soon.
Why It Matters - The successful completion of $1.2 billion in senior secured notes enhances New Fortress Energy's liquidity and financial stability, potentially boosting investor confidence and market valuation.
Thu, 21 Nov 2024
Sentiment - NEUTRAL
Source - PRNewsWire
Summary - Pennybacker Capital Management acquired the Miami LNG business from New Fortress Energy. The facility produces about 8,300 MMBtu/day of LNG, enhancing distribution logistics.
Why It Matters - Pennybacker's acquisition of the Miami LNG business enhances its portfolio in a growing energy sector, potentially increasing revenue and market share, which could positively influence investor sentiment.
Mon, 18 Nov 2024
Sentiment - NEUTRAL
Source - GlobeNewsWire
Summary - Levi & Korsinsky, LLP has notified investors of a class action securities lawsuit against New Fortress Energy Inc. (NASDAQ: NFE) as of November 18, 2024.
Why It Matters - A class action lawsuit against New Fortress Energy could lead to financial liabilities and affect stock performance, increasing risk for current and potential investors.
Sun, 17 Nov 2024
Sentiment - NEUTRAL
Source - GlobeNewsWire
Summary - A class action lawsuit has been filed against New Fortress Energy Inc. (NASDAQ: NFE) and some of its officers, as announced by law firm Bronstein, Gewirtz & Grossman, LLC.
Why It Matters - A class action lawsuit against New Fortress Energy could lead to financial liabilities and reputational damage, potentially affecting stock performance and investor confidence.
Mon, 18 Nov 2024
Sentiment - NEUTRAL
Source - Accesswire
Summary - Investors in New Fortress Energy Inc. (NASDAQ:NFE) who experienced losses may explore potential recovery options under federal securities laws. Further details are available through the provided link.
Why It Matters - Legal challenges indicate potential financial instability for New Fortress Energy, impacting stock performance and investor sentiment, which may lead to declines in share value.
Sun, 17 Nov 2024
Sentiment - NEUTRAL
Source - Accesswire
Summary - Investors in New Fortress Energy Inc. (NASDAQ:NFE) who incurred losses may explore recovery options under federal securities laws. More information is available via the provided link.
Why It Matters - A lawsuit against New Fortress Energy could indicate potential financial instability or legal risks, impacting investor confidence and stock performance.
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