New Fortress Energy Inc has a consensus price target of $46, established from looking at the 39 latest analyst ratings. The last 3 analyst ratings were released from Deutsche Bank, Stifel, and Capital One on March 4, 2024, March 1, 2024, and December 19, 2023. With an average price target of $41.67 between Deutsche Bank, Stifel, and Capital One, there's an implied 36.21% upside for New Fortress Energy Inc from these 3 analyst ratings.
1calculated from analyst ratings published within the last 3 years
date | ticker | Buy Now | Company | Current price | Upside/Downside | Analyst Firm | Analyst & % Accurate | Price Target Change | Rating Change | Previous / Current Rating | Get Alert |
---|---|---|---|---|---|---|---|---|---|---|---|
03/04/2024 | NFE | Buy Now | New Fortress Energy | $30.59 | 14.42% | Deutsche Bank | Chris Robertson | $40 → $35 | Downgrade | Buy → Hold | Get Alert |
03/01/2024 | NFE | Buy Now | New Fortress Energy | $30.59 | 47.11% | Stifel | Benjamin Nolan | $49 → $45 | Maintains | Buy | Get Alert |
12/19/2023 | NFE | Buy Now | New Fortress Energy | $30.59 | 47.11% | Capital One | Wade Suki | → $45 | Initiates | → Equal-Weight | Get Alert |
11/13/2023 | NFE | Buy Now | New Fortress Energy | $30.59 | 50.38% | Stifel | Benjamin Nolan | $40 → $46 | Maintains | Buy | Get Alert |
09/29/2023 | NFE | Buy Now | New Fortress Energy | $30.59 | 30.76% | Stifel | Benjamin Nolan | $44 → $40 | Maintains | Buy | Get Alert |
09/14/2023 | NFE | Buy Now | New Fortress Energy | $30.59 | 40.57% | Citigroup | Ryan Levine | $48 → $43 | Maintains | Buy | Get Alert |
08/09/2023 | NFE | Buy Now | New Fortress Energy | $30.59 | 43.84% | Morgan Stanley | Devin McDermott | $48 → $44 | Maintains | Overweight | Get Alert |
07/31/2023 | NFE | Buy Now | New Fortress Energy | $30.59 | 4.61% | Barclays | Marc Solecitto | $34 → $32 | Maintains | Equal-Weight | Get Alert |
07/27/2023 | NFE | Buy Now | New Fortress Energy | $30.59 | 56.91% | Morgan Stanley | Devin McDermott | $48 → $48 | Reiterates | Overweight → Overweight | Get Alert |
07/25/2023 | NFE | Buy Now | New Fortress Energy | $30.59 | 56.91% | Morgan Stanley | Devin McDermott | $50 → $48 | Maintains | Overweight | Get Alert |
06/08/2023 | NFE | Buy Now | New Fortress Energy | $30.59 | 1.34% | B of A Securities | Cameron Lochridge | $59 → $31 | Downgrade | Buy → Neutral | Get Alert |
04/24/2023 | NFE | Buy Now | New Fortress Energy | $30.59 | 11.15% | Barclays | Marc Solecitto | $39 → $34 | Maintains | Equal-Weight | Get Alert |
04/10/2023 | NFE | Buy Now | New Fortress Energy | $30.59 | 96.14% | Deutsche Bank | Chris Robertson | → $60 | Initiates | → Buy | Get Alert |
03/07/2023 | NFE | Buy Now | New Fortress Energy | $30.59 | 60.18% | Stifel | Benjamin Nolan | $43 → $49 | Maintains | Buy | Get Alert |
03/06/2023 | NFE | Buy Now | New Fortress Energy | $30.59 | 27.49% | Barclays | Marc Solecitto | $44 → $39 | Maintains | Equal-Weight | Get Alert |
02/15/2023 | NFE | Buy Now | New Fortress Energy | $30.59 | 63.45% | Morgan Stanley | Devin McDermott | $65 → $50 | Maintains | Overweight | Get Alert |
02/10/2023 | NFE | Buy Now | New Fortress Energy | $30.59 | 43.84% | Barclays | Marc Solecitto | $53 → $44 | Maintains | Equal-Weight | Get Alert |
02/01/2023 | NFE | Buy Now | New Fortress Energy | $30.59 | 119.03% | B of A Securities | Cameron Lochridge | → $67 | Initiates | → Buy | Get Alert |
01/31/2023 | NFE | Buy Now | New Fortress Energy | $30.59 | 63.45% | BTIG | Gregory Lewis | → $50 | Upgrade | Neutral → Buy | Get Alert |
The latest price target for New Fortress Energy (NASDAQ: NFE) was reported by Deutsche Bank on March 4, 2024. The analyst firm set a price target for $35.00 expecting NFE to rise to within 12 months (a possible 14.42% upside). 13 analyst firms have reported ratings in the last year.
The latest analyst rating for New Fortress Energy (NASDAQ: NFE) was provided by Deutsche Bank, and New Fortress Energy downgraded their hold 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 March 4, 2024 when Deutsche Bank changed their price target from $40 to $35 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 March 4, 2024 so you should expect the next rating to be made available sometime around March 4, 2025.
While ratings are subjective and will change, the latest New Fortress Energy (NFE) rating was a downgraded with a price target of $40.00 to $35.00. The current price New Fortress Energy (NFE) is trading at is $30.59, which is out of the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.