The latest price target for New Fortress Energy (NASDAQ:NFE) was reported by Morgan Stanley on October 3, 2024. The analyst firm set a price target for $15.00 expecting NFE to rise to within 12 months (a possible 62.34% upside). 12 analyst firms have reported ratings in the last year.

The latest analyst rating for New Fortress Energy (NASDAQ:NFE) was provided by Morgan Stanley, and New Fortress Energy downgraded their equal-weight rating.

The last upgrade for New Fortress Energy Inc happened on January 31, 2023 when BTIG raised their price target to $50. BTIG previously had a neutral for New Fortress Energy Inc.

The last downgrade for New Fortress Energy Inc happened on October 3, 2024 when Morgan Stanley changed their price target from $35 to $15 for New Fortress Energy Inc.

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of New Fortress Energy, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for New Fortress Energy was filed on October 3, 2024 so you should expect the next rating to be made available sometime around October 3, 2025.

While ratings are subjective and will change, the latest New Fortress Energy (NFE) rating was a downgraded with a price target of $35.00 to $15.00. The current price New Fortress Energy (NFE) is trading at is $9.24, which is out of the analyst’s predicted range.