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S&P 500   4,109.31
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MarketBeat Week in Review – 3/27 - 3/31
5 Hypergrowth Stocks to Buy Now (Ad)pixel
'War of the states': EV, chip makers lavished with subsidies
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5 Hypergrowth Stocks to Buy Now (Ad)pixel
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Shipbuilder Austal executives accused of inflating earnings
5 Hypergrowth Stocks to Buy Now (Ad)pixel
No more room for vroom? Paris votes on banishing e-scooters
S&P 500   4,109.31
DOW   33,274.15
QQQ   320.93
MarketBeat Week in Review – 3/27 - 3/31
5 Hypergrowth Stocks to Buy Now (Ad)pixel
'War of the states': EV, chip makers lavished with subsidies
Gas prices increase in NJ, around nation amid higher demand
5 Hypergrowth Stocks to Buy Now (Ad)pixel
Lanterns and crescents: more retailers court Ramadan buyers
Shipbuilder Austal executives accused of inflating earnings
5 Hypergrowth Stocks to Buy Now (Ad)pixel
No more room for vroom? Paris votes on banishing e-scooters
S&P 500   4,109.31
DOW   33,274.15
QQQ   320.93
MarketBeat Week in Review – 3/27 - 3/31
5 Hypergrowth Stocks to Buy Now (Ad)pixel
'War of the states': EV, chip makers lavished with subsidies
Gas prices increase in NJ, around nation amid higher demand
5 Hypergrowth Stocks to Buy Now (Ad)pixel
Lanterns and crescents: more retailers court Ramadan buyers
Shipbuilder Austal executives accused of inflating earnings
5 Hypergrowth Stocks to Buy Now (Ad)pixel
No more room for vroom? Paris votes on banishing e-scooters
NASDAQ:NFE

New Fortress Energy - NFE Price Target & Analyst Ratings

$29.43
+1.02 (+3.59%)
(As of 03/31/2023 12:00 AM ET)
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Compare
Today's Range
$28.54
$29.48
50-Day Range
$27.26
$41.05
52-Week Range
$26.14
$63.06
Volume
984,872 shs
Average Volume
1.57 million shs
Market Capitalization
$6.14 billion
P/E Ratio
32.34
Dividend Yield
1.36%
Price Target
$56.10

New Fortress Energy Consensus Rating and Price Target (2023)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Analyst Rating

Moderate Buy
Based on 9 Analyst Ratings

Consensus Analyst Price Target

$56.10
90.62% Upside
High Prediction$74.00
Average Prediction$56.10
Low Prediction$39.00
TypeCurrent
4/2/22 to 4/2/23
1 Month Ago
3/3/22 to 3/3/23
3 Months Ago
1/2/22 to 1/2/23
1 Year Ago
4/2/21 to 4/2/22
Consensus Rating
Moderate Buy
Moderate Buy
Moderate Buy
Moderate Buy
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
8 Buy rating(s)
8 Buy rating(s)
6 Buy rating(s)
3 Buy rating(s)
Hold
1 Hold rating(s)
1 Hold rating(s)
2 Hold rating(s)
1 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$56.10$58.50$62.50$41.00
Predicted Upside90.62% Upside36.04% Upside29.56% Upside49.23% Upside
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NFE Analyst Ratings By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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NFE Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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New Fortress Energy Stock vs. The Competition

TypeNew Fortress EnergyOils/Energy CompaniesS&P 500
Consensus Rating Score
2.89
2.58
2.47
Consensus RatingModerate BuyBuyHold
Predicted Upside90.62% Upside168.34% Upside97.23% Upside
News Sentiment RatingNeutral News
Neutral News
Positive News

Historical Target Prices and Ratings

DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
3/7/2023Stifel Nicolaus
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 Boost TargetBuy$43.00 ➝ $49.00+40.85%
3/6/2023Barclays
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 Lower TargetEqual Weight$44.00 ➝ $39.00+7.88%
2/15/2023Morgan Stanley
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 Lower TargetOverweight$65.00 ➝ $50.00+27.62%
2/1/2023Bank of America
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 Initiated CoverageBuy$67.00+72.72%
1/31/2023BTIG Research
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 UpgradeNeutral ➝ Buy$50.00+34.23%
1/27/2023Citigroup
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 Lower TargetBuy$56.00 ➝ $48.00+25.69%
11/15/2022Evercore ISI
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 Boost Target$74.00+50.07%
10/19/2022Jefferies Financial Group
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 Initiated CoverageBuy$65.00+42.11%
8/15/2022JMP Securities
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 Boost TargetMarket Outperform$56.00 ➝ $70.00+18.42%
4/7/2022Credit Suisse Group
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 Boost TargetOutperform$40.00 ➝ $49.00+18.41%
10/30/2020Smith Barney Citigroup
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 DowngradeBuy ➝ Neutral$26.00 ➝ $40.00+9.44%
8/26/2020Echelon Wealth Partners
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 Initiated CoverageBuy$40.00+47.00%
8/26/2020Fearnley Fonds
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 Initiated CoverageBuy$40.00+47.66%
8/5/2020Scotiabank
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Alonso Guerra-Garcia
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Boost TargetSector Outperform$25.00 ➝ $26.00+3.01%
6/17/2020Johnson Rice
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 Initiated CoverageBuy$22.00+69.23%
(Data available from 4/2/2018 forward. View 10+ years of historical ratings with our analyst ratings screener.)












NFE Price Target - Frequently Asked Questions

What is New Fortress Energy's consensus rating and price target?

According to the issued ratings of 9 analysts in the last year, the consensus rating for New Fortress Energy stock is Moderate Buy based on the current 1 hold rating and 8 buy ratings for NFE. The average twelve-month price prediction for New Fortress Energy is $56.10 with a high price target of $74.00 and a low price target of $39.00. Learn more on NFE's analyst rating history.

Do Wall Street analysts like New Fortress Energy more than its competitors?

Analysts like New Fortress Energy more than other Oils/Energy companies. The consensus rating for New Fortress Energy is Moderate Buy while the average consensus rating for oils/energy companies is Buy. Learn more on how NFE compares to other companies.

Is New Fortress Energy being upgraded by Wall Street analysts?

Over the previous 90 days, New Fortress Energy's stock had 1 upgrade by analysts.

Does New Fortress Energy's stock price have much upside?

According to analysts, New Fortress Energy's stock has a predicted upside of 34.84% based on their 12-month price targets.

What analysts cover New Fortress Energy?

New Fortress Energy has been rated by Bank of America, Barclays, BTIG Research, Citigroup, Morgan Stanley, and Stifel Nicolaus in the past 90 days.


Stock Ratings Reports and Tools

This page (NASDAQ:NFE) was last updated on 4/2/2023 by MarketBeat.com Staff