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NASDAQ: NFE
New Fortress Energy Inc Stock Forecast, Predictions & Price Target

OverviewForecast
EarningsDividendOwnership

Analyst price target for NFE

Based on 10 analysts offering 12 month price targets for New Fortress Energy Inc.
Min Forecast
$48.00+20.54%
Avg Forecast
$57.50+44.4%
Max Forecast
$70.00+75.79%

Should I buy or sell NFE stock?

Based on 10 analysts offering ratings for New Fortress Energy Inc.
Strong Buy
Strong Buy
6 analysts 60%
Buy
2 analysts 20%
Hold
2 analysts 20%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

Be the first to know when Wall Street analysts revise their NFE stock forecasts and price targets.

NFE stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Bank of America
Top 48%
53
Strong BuyInitiates Coverage On$67.00+68.26%2023-02-01
BTIG
Top 3%
98
Strong BuyUpgrades$50.00+25.57%2023-01-31
Citigroup
Top 27%
74
Strong BuyMaintains$48.00+20.54%2023-01-27
Barclays
Bottom 23%
23
HoldMaintains$53.00+33.10%2022-11-16
Barclays
Top 10%
91
HoldMaintains$48.00+20.54%2022-10-19
Jefferies
Top 1%
100
Strong BuyInitiates Coverage On$65.00+63.23%2022-10-19
Morgan Stanley
Top 1%
100
Strong BuyMaintains$65.00+63.23%2022-09-06Find out why
JMP Securities
Top 47%
54
BuyMaintains$70.00+75.79%2022-08-15
Stifel Nicolaus
Top 9%
92
Strong BuyMaintains$60.00+50.68%2022-05-24
Credit Suisse
Top 15%
86
BuyMaintains$49.00+23.05%2022-04-07

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Forecast return on equity

Is NFE forecast to generate an efficient return?
Company
151.77%
Industry
24.77%
Market
47.84%
NFE's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is NFE forecast to generate an efficient return on assets?
Company
37.68%
Industry
6.77%
NFE is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

NFE earnings per share forecast

What is NFE's earnings per share in the next 2 years based on estimates from 2 analysts?
Avg 1 year Forecast
$4.80+245.32%
Avg 2 year Forecast
$13.43+866.19%
NFE's earnings are forecast to... subscribe to Premium to read more.
Forecast High Earnings Growth Forecast

NFE revenue forecast

What is NFE's revenue in the next 2 years based on estimates from 2 analysts?
Avg 1 year Forecast
$4.8B+92.7%
Avg 2 year Forecast
$9.2B+270.57%
NFE's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

NFE earnings growth forecast

How is NFE forecast to perform vs Utilities - Regulated Gas companies and vs the US market?
Company
245.32%
Industry
44.37%
Market
84.98%
NFE's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
NFE's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
NFE's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

NFE revenue growth forecast

How is NFE forecast to perform vs Utilities - Regulated Gas companies and vs the US market?
Company
92.7%
Industry
8.55%
Market
70.6%
NFE's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
NFE's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

NFE vs Gas Stocks

TickerPricePrice TargetUp/downsideConsensus
NFE$39.82$57.50+44.40%Strong Buy
UGI$41.98$40.50-3.53%Strong Sell
NI$27.31$30.40+11.31%Strong Buy
NJR$53.13$47.33-10.91%Sell
BIPC$43.57$53.00+21.64%Strong Buy
View Top Gas Stocks

New Fortress Energy Stock Forecast FAQ

Is New Fortress Energy Stock a good buy in 2023, according to Wall Street analysts?

The consensus among 10 Wall Street analysts covering (NASDAQ: NFE) stock is to Strong Buy NFE stock.

Out of 10 analysts, 6 (60%) are recommending NFE as a Strong Buy, 2 (20%) are recommending NFE as a Buy, 2 (20%) are recommending NFE as a Hold, 0 (0%) are recommending NFE as a Sell, and 0 (0%) are recommending NFE as a Strong Sell.

If you're new to stock investing, here's how to buy New Fortress Energy stock.

What is NFE's earnings growth forecast for 2023-2024?

(NASDAQ: NFE) New Fortress Energy's forecast annual earnings growth rate of 245.32% is forecast to beat the US Utilities - Regulated Gas industry's average forecast earnings growth rate of 44.37%, and and it is also forecast to beat the US market's average forecast earnings growth rate of 84.98%.

New Fortress Energy's earnings in 2023 is $281,209,000.On average, 2 Wall Street analysts forecast NFE's earnings for 2023 to be $1,002,096,422, with the lowest NFE earnings forecast at $855,957,361, and the highest NFE earnings forecast at $1,146,147,783.

In 2024, NFE is forecast to generate $2,803,782,282 in earnings, with the lowest earnings forecast at $2,741,151,255 and the highest earnings forecast at $2,864,325,607.

What is NFE's revenue growth forecast for 2023-2024?

(NASDAQ: NFE) New Fortress Energy's forecast annual revenue growth rate of 92.7% is forecast to beat the US Utilities - Regulated Gas industry's average forecast revenue growth rate of 8.55%, and and it is also forecast to beat the US market's average forecast revenue growth rate of 70.6%.

New Fortress Energy's revenue in 2023 is $2,470,534,000.On average, 2 Wall Street analysts forecast NFE's revenue for 2023 to be $993,909,503,399, with the lowest NFE revenue forecast at $807,270,088,578, and the highest NFE revenue forecast at $1,180,548,918,221.

In 2024, NFE is forecast to generate $1,911,282,013,607 in revenue, with the lowest revenue forecast at $1,649,732,550,889 and the highest revenue forecast at $2,172,831,476,324.

What is NFE's forecast return on assets (ROA) for 2023-2024?

(NASDAQ: NFE) forecast ROA is 37.68%, which is higher than the forecast US Utilities - Regulated Gas industry average of 6.77%.

What is NFE's Price Target?

According to 10 Wall Street analysts that have issued a 1 year NFE price target, the average NFE price target is $57.50, with the highest NFE stock price forecast at $70.00 and the lowest NFE stock price forecast at $48.00.

On average, Wall Street analysts predict that New Fortress Energy's share price could reach $57.50 by Feb 1, 2024. The average New Fortress Energy stock price prediction forecasts a potential upside of 44.4% from the current NFE share price of $39.82.

What is NFE's Earnings Per Share (EPS) forecast for 2023-2024?

(NASDAQ: NFE) New Fortress Energy's current Earnings Per Share (EPS) is $1.39. On average, analysts forecast that NFE's EPS will be $4.80 for 2023, with the lowest EPS forecast at $4.10, and the highest EPS forecast at $5.49. In 2024, NFE's EPS is forecast to hit $13.43 (min: $13.13, max: $13.72).

What is NFE's forecast return on equity (ROE) for 2023-2024?

(NASDAQ: NFE) forecast ROE is 151.77%, which is considered strong.
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