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

OverviewForecast
EarningsDividendOwnership

Analyst price target for NFE

Based on 3 analysts offering 12 month price targets for New Fortress Energy Inc.
Min Forecast
$17.00+53.71%
Avg Forecast
$19.00+71.79%
Max Forecast
$21.00+89.87%

Should I buy or sell NFE stock?

Based on 3 analysts offering ratings for New Fortress Energy Inc.
Buy
Strong Buy
1 analysts 33.33%
Buy
0 analysts 0%
Hold
2 analysts 66.67%
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
lockedlocked$00.00+00.00%2024-08-12
lockedlocked$00.00+00.00%2024-08-12
lockedlocked$00.00+00.00%2024-08-05

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Forecast return on equity

Is NFE forecast to generate an efficient return?
Company
N/A
Industry
9.13%
Market
59.09%

Forecast return on assets

Is NFE forecast to generate an efficient return on assets?
Company
N/A
Industry
4.25%

NFE earnings per share forecast

What is NFE's earnings per share in the next 3 years based on estimates from 2 analysts?
Avg 1 year Forecast
$0.50-58.05%
Avg 2 year Forecast
$1.24+5.15%
Avg 3 year Forecast
$2.17+83.9%
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 3 years based on estimates from 3 analysts?
Avg 1 year Forecast
$2.3B-2.28%
Avg 2 year Forecast
$3.3B+39.59%
Avg 3 year Forecast
$4.3B+81.68%
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
21.65%
Industry
10.24%
Market
17.02%
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
22.01%
Industry
9.91%
Market
9.26%
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$11.06$19.00+71.79%Buy
CPK$118.32$116.50-1.54%Hold
NWN$39.22$41.50+5.81%Strong Buy
CTRI$16.30$20.60+26.38%Hold
SPH$17.60$21.00+19.32%Hold
View Top Gas Stocks

New Fortress Energy Stock Forecast FAQ

Is New Fortress Energy Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 3 Wall Street analysts covering (NASDAQ: NFE) stock is to Buy NFE stock.

Out of 3 analysts, 1 (33.33%) are recommending NFE as a Strong Buy, 0 (0%) are recommending NFE as a Buy, 2 (66.67%) 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 2024-2026?

(NASDAQ: NFE) New Fortress Energy's forecast annual earnings growth rate of 21.65% is forecast to beat the US Utilities - Regulated Gas industry's average forecast earnings growth rate of 10.24%, and it is also forecast to beat the US market's average forecast earnings growth rate of 17.02%.

New Fortress Energy's earnings in 2024 is $243,655,000.On average, 2 Wall Street analysts forecast NFE's earnings for 2024 to be $101,508,188, with the lowest NFE earnings forecast at $38,962,739, and the highest NFE earnings forecast at $164,053,638. On average, 4 Wall Street analysts forecast NFE's earnings for 2025 to be $254,447,192, with the lowest NFE earnings forecast at $127,141,569, and the highest NFE earnings forecast at $420,387,446.

In 2026, NFE is forecast to generate $444,995,492 in earnings, with the lowest earnings forecast at $408,083,424 and the highest earnings forecast at $481,907,560.

What is NFE's revenue growth forecast for 2024-2026?

(NASDAQ: NFE) New Fortress Energy's forecast annual revenue growth rate of 22.01% is forecast to beat the US Utilities - Regulated Gas industry's average forecast revenue growth rate of 9.91%, and it is also forecast to beat the US market's average forecast revenue growth rate of 9.26%.

New Fortress Energy's revenue in 2024 is $2,391,147,000.On average, 3 Wall Street analysts forecast NFE's revenue for 2024 to be $479,174,426,848, with the lowest NFE revenue forecast at $454,148,864,700, and the highest NFE revenue forecast at $501,911,645,818. On average, 3 Wall Street analysts forecast NFE's revenue for 2025 to be $684,471,354,007, with the lowest NFE revenue forecast at $573,556,330,162, and the highest NFE revenue forecast at $880,109,008,052.

In 2026, NFE is forecast to generate $890,879,744,562 in revenue, with the lowest revenue forecast at $791,409,102,476 and the highest revenue forecast at $990,350,386,648.

What is NFE's forecast return on assets (ROA) for 2024-2027?

(NASDAQ: NFE) forecast ROA is N/A, which is lower than the forecast US Utilities - Regulated Gas industry average of 4.25%.

What is NFE's Price Target?

According to 3 Wall Street analysts that have issued a 1 year NFE price target, the average NFE price target is $19.00, with the highest NFE stock price forecast at $21.00 and the lowest NFE stock price forecast at $17.00.

On average, Wall Street analysts predict that New Fortress Energy's share price could reach $19.00 by Aug 12, 2025. The average New Fortress Energy stock price prediction forecasts a potential upside of 71.79% from the current NFE share price of $11.06.

What is NFE's Earnings Per Share (EPS) forecast for 2024-2026?

(NASDAQ: NFE) New Fortress Energy's current Earnings Per Share (EPS) is $1.18. On average, analysts forecast that NFE's EPS will be $0.50 for 2024, with the lowest EPS forecast at $0.19, and the highest EPS forecast at $0.80. On average, analysts forecast that NFE's EPS will be $1.24 for 2025, with the lowest EPS forecast at $0.62, and the highest EPS forecast at $2.05. In 2026, NFE's EPS is forecast to hit $2.17 (min: $1.99, max: $2.35).

What is NFE's forecast return on equity (ROE) for 2024-2027?

(NASDAQ: NFE) forecast ROE is N/A, which is considered weak.
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