Golar LNG (NASDAQ:GLNG) Price Target Raised to $70.00 at BTIG Research

Key Points

• BTIG Research raised Golar LNG’s price target to $70 from $67 and maintained a “buy” rating, implying roughly 36.7% upside from the reported $51.21 share price.
• Analyst sentiment is broadly positive, with a consensus “Moderate Buy” rating and average target price of $59.30, although ratings range from “strong buy” to “sell.” Institutional investors own approximately 92.2% of the company.
• Golar’s growth outlook includes a planned fourth FLNG unit costing about $2.45 billion, but investors must weigh the expansion against contractual debt of roughly $2.68 billion and related financing, construction and demand risks.

Golar LNG (NASDAQ:GLNG - Get Free Report) had its price objective increased by analysts at BTIG Research from $67.00 to $70.00 in a research report issued to clients and investors on Friday,Benzinga reports. The brokerage presently has a "buy" rating on the shipping company's stock. BTIG Research's price objective points to a potential upside of 36.69% from the stock's current price.

Several other equities analysts have also commented on GLNG. Pareto Securities lowered shares of Golar LNG from a "strong-buy" rating to a "hold" rating in a report on Thursday, May 21st. The Goldman Sachs Group set a $66.00 price objective on Golar LNG and gave the stock a "conviction-buy" rating in a research report on Tuesday, July 7th. Wall Street Zen cut Golar LNG from a "hold" rating to a "sell" rating in a research report on Saturday, June 27th. Deutsche Bank Aktiengesellschaft restated a "buy" rating and issued a $65.00 price target on shares of Golar LNG in a research note on Thursday, May 21st. Finally, Weiss Ratings raised shares of Golar LNG from a "hold (c+)" rating to a "buy (b-)" rating in a research note on Tuesday, June 23rd. One analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and three have assigned a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $59.30.

Golar LNG Trading Up 0.3%

Shares of GLNG stock opened at $51.21 on Friday. The stock has a market cap of $5.19 billion, a P/E ratio of 37.11 and a beta of 0.05. Golar LNG has a 1 year low of $35.02 and a 1 year high of $57.79. The company has a current ratio of 2.57, a quick ratio of 2.57 and a debt-to-equity ratio of 1.14. The stock has a 50 day simple moving average of $50.07 and a 200 day simple moving average of $49.78.

Golar LNG (NASDAQ:GLNG - Get Free Report) last announced its quarterly earnings data on Thursday, March 26th. The shipping company reported $0.82 earnings per share for the quarter. The firm had revenue of $137.55 million during the quarter. Golar LNG had a return on equity of 6.86% and a net margin of 30.10%. On average, research analysts predict that Golar LNG will post 0.72 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Golar LNG

Hedge funds and other institutional investors have recently modified their holdings of the company. Rubric Capital Management LP raised its holdings in shares of Golar LNG by 2.3% in the 2nd quarter. Rubric Capital Management LP now owns 9,178,978 shares of the shipping company's stock worth $378,082,000 after acquiring an additional 203,829 shares during the last quarter. PointState Capital LP grew its position in Golar LNG by 19.3% in the 4th quarter. PointState Capital LP now owns 3,932,104 shares of the shipping company's stock worth $146,314,000 after purchasing an additional 637,081 shares in the last quarter. T. Rowe Price Investment Management Inc. grew its position in Golar LNG by 253.7% in the 4th quarter. T. Rowe Price Investment Management Inc. now owns 2,306,379 shares of the shipping company's stock worth $85,821,000 after purchasing an additional 1,654,353 shares in the last quarter. Morgan Stanley increased its stake in Golar LNG by 14.0% in the 4th quarter. Morgan Stanley now owns 2,110,671 shares of the shipping company's stock valued at $78,538,000 after buying an additional 259,915 shares during the last quarter. Finally, State Street Corp lifted its position in shares of Golar LNG by 1.4% during the 2nd quarter. State Street Corp now owns 1,914,741 shares of the shipping company's stock worth $78,868,000 after buying an additional 26,838 shares in the last quarter. Institutional investors own 92.21% of the company's stock.

More Golar LNG News

Here are the key news stories impacting Golar LNG this week:

• Positive Sentiment: Q2 earnings and EBITDA beat expectations. Golar reported earnings of $0.68 per share, above the $0.55 consensus estimate and more than double the $0.26 reported a year earlier. Revenue was $130.5 million, slightly below expectations, but adjusted EBITDA surged 159% year over year to $127.4 million. Net income attributable to Golar increased 145% to $38.3 million. Golar LNG Q2 Earnings and Revenues Beat Estimates
• Positive Sentiment: Golar approved its fourth FLNG unit. The company signed a roughly $2.45 billion engineering, procurement and construction contract for a 3.5 million-ton-per-year FLNG vessel, with delivery expected by the end of 2029. Golar said the project could provide the earliest available FLNG capacity globally, potentially expanding long-term revenue and cash-flow opportunities. Golar LNG Orders 4th FLNG Unit for 2029 Delivery
• Positive Sentiment: Shareholders will receive another dividend. Golar declared a quarterly dividend of $0.25 per share, payable September 2 to shareholders of record August 24. The dividend represents an annualized payout of $1.00 per share and a yield of approximately 2.0%, reinforcing the company’s shareholder-return appeal. Golar LNG Sets $0.25 Dividend
• Neutral Sentiment: Investors must weigh the expansion cost. Golar’s contractual debt reached approximately $2.68 billion, up 31% year over year, while the fourth FLNG project will require about $2.45 billion in capital. Strong cash generation and total cash of roughly $908 million provide support, but financing, construction and market-demand risks remain important considerations. Golar LNG Interim Results for June 30, 2026

Golar LNG Company Profile

Golar LNG Ltd. is a leading owner and operator of liquefied natural gas (LNG) carriers and floating infrastructure. The company specializes in the transportation of LNG on long-term and spot charters for major energy firms around the world. In addition to shipping, Golar LNG has broadened its services to include project development and the conversion of existing carriers into Floating Liquefied Natural Gas (FLNG) and Floating Storage and Regasification Unit (FSRU) vessels.

Since pioneering the first purpose-built FLNG conversion project, Golar LNG has been at the forefront of offshore gas monetization.

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