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New Fortress Energy
(NASDAQ:NFE)
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Rating:41Neutral
Price Target:
$4.00
▲(1279.31% Upside)
Action:Reiterated
Date:10/09/26
The score is driven primarily by weak financial performance (large losses, negative equity, and negative operating/free cash flow) and bearish technicals (price far below major moving averages with negative momentum). Corporate events provide some offset via debt restructuring, but operational disruption and leadership turnover keep risk elevated, while valuation metrics offer limited support given the negative P/E and no dividend yield provided.
Positive Factors
Integrated LNG and power infrastructure
NFE’s integrated position across LNG, regasification, gas-to-power and logistics can support customer solutions where gas infrastructure is limited. Owning multiple parts of the delivery chain may improve service coordination, expand monetization opportunities and reinforce its market position over the next several quarters.
Negative Factors
High leverage and negative equity
Very high leverage and negative stockholders’ equity materially constrain NFE’s financial flexibility. The weakened capital structure can limit investment capacity, increase dependence on restructuring or external funding, and elevate refinancing and solvency risks even after the recent debt transaction.
Read all positive and negative factors
Positive Factors
Negative Factors
Integrated LNG and power infrastructure
NFE’s integrated position across LNG, regasification, gas-to-power and logistics can support customer solutions where gas infrastructure is limited. Owning multiple parts of the delivery chain may improve service coordination, expand monetization opportunities and reinforce its market position over the next several quarters.
Read all positive factors
New Fortress Energy Key Performance Indicators (KPIs)
Any
Operating Income by Segment
Shows the profitability of each business segment, highlighting which areas are driving earnings and which may need improvement or strategic focus.
Shows the profitability of each business segment, highlighting which areas are driving earnings and which may need improvement or strategic focus.
Data provided by:
The Fly
The FlyNew Fortress Energy (NFE) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$28.31M
Dividend Yield3.4%
Average Volume (3M)447.92K
Price to Earnings (P/E)―
Beta (1Y)1.94
Revenue Growth-37.46%
EPS Growth-77.39%
CountryUS
Employees699
SectorEnergy
Sector Strength52
IndustryOil & Gas Midstream
Share Statistics
EPS (TTM)-327.50
Shares Outstanding5,712,693
10 Day Avg. Volume667,953
30 Day Avg. Volume447,921
Financial Highlights & Ratios
PEG Ratio>-0.01
Price to Book (P/B)1.74
Price to Sales (P/S)0.21
P/FCF Ratio-0.26
Enterprise Value/Market Cap312.24
Enterprise Value/Revenue7.00
Enterprise Value/Gross Profit185.62
Enterprise Value/Ebitda-12.01
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)-59.5
Revenue Forecast (FY)$3.11B
New Fortress Energy Business Overview & Revenue Model
Company Description
New Fortress Energy Inc. (NFE) is an integrated company specializing in gas-to-power infrastructure, providing energy solutions and development services to customers worldwide. The company operates through two primary divisions: Terminals and Infr...
How the Company Makes Money
NFE makes money primarily by selling natural gas/LNG and by monetizing the infrastructure and services required to deliver that gas (and, in certain markets, to convert it into electricity). Key revenue streams typically include: (1) Natural gas a...
New Fortress Energy Earnings Call Summary
Earnings Call Date:May 14, 2025
(Q1-2025)
| % Change Since: |
Next Earnings Date:Nov 11, 2026
Earnings Call Sentiment Neutral
The earnings call presented a mix of positive achievements, such as the successful sale of the Jamaica asset and strong liquidity, alongside challenges like lower-than-expected quarterly earnings and project delays. The company is actively addressing these through strategic refinancing and asset sales, but some uncertainties remain, particularly regarding the timing of auctions and project completions.Positive Updates
Jamaica Sale Completion
The sale was completed for $1.055 billion, resulting in net proceeds of $800 million and a gain of $430 million. This transaction exceeded initial forecasts.
Negative Updates
Lower-than-Expected Quarterly Earnings
Q1 adjusted EBITDA was $82 million, lower than forecasted due to the absence of one-time gains and a $200 million net loss reported for GAAP.
Read all updates
Q1-2025 Updates
Positive
Negative
Jamaica Sale Completion
The sale was completed for $1.055 billion, resulting in net proceeds of $800 million and a gain of $430 million. This transaction exceeded initial forecasts.
Read all positive updates
Company Guidance
During the NFE First Quarter 2025 Earnings Call, the company reported consistent core earnings, with figures of $110 million, $177 million, $109 million, and $116 million over recent quarters, despite a decrease in EBITDA due to the absence of one-off results. For 2025, NFE forecasts EBITDA plus gains between $1.25 billion and $1.5 billion, with the sale of its Jamaica assets already contributing $800 million in net proceeds and a $430 million gain. The company has also highlighted its focus on debt reduction, asset sales, and leveraging long-term, high-quality cash flows, aiming to refinance its corporate debt structure. Key financial metrics include a $1.055 billion sale price for Jamaican assets and $778 million in net proceeds, while notable contracts, such as FSRU charters, are expected to add approximately $50 million in annual EBITDA. NFE's liquidity stood at over $1.1 billion at the end of Q1 2025, with plans to utilize this position to address near-term debt maturities and capitalize on growth opportunities in Brazil and Puerto Rico.New Fortress Energy Financial Statement Overview
Summary
Income Statement
18
Very Negative
Balance Sheet
12
Very Negative
Cash Flow
14
Very Negative
| Breakdown | TTM | Mar 2026 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 1.26B | 1.50B | 2.36B | 2.41B | 2.37B | 1.32B |
| Gross Profit | 47.62M | 136.82M | 1.10B | 1.30B | 1.15B | 556.75M |
| EBITDA | -735.66M | -750.41M | 257.82M | 1.11B | 430.70M | 350.45M |
| Net Income | -1.93B | -1.84B | -249.04M | 547.88M | 194.48M | 97.10M |
Balance Sheet | ||||||
| Total Assets | 10.73B | 10.56B | 12.87B | 10.50B | 7.71B | 6.88B |
| Cash, Cash Equivalents and Short-Term Investments | 161.19M | 356.94M | 492.88M | 155.41M | 675.49M | 187.51M |
| Total Debt | 9.11B | 8.57B | 9.50B | 7.37B | 4.89B | 4.14B |
| Total Liabilities | 11.16B | 10.25B | 10.87B | 8.72B | 6.26B | 4.88B |
| Stockholders Equity | -553.65M | 182.65M | 1.88B | 1.64B | 1.29B | 1.79B |
Cash Flow | ||||||
| Free Cash Flow | -559.33M | -1.23B | -2.03B | -2.21B | -818.90M | -584.58M |
| Operating Cash Flow | -477.47M | -583.38M | 586.74M | 824.76M | 355.11M | 84.77M |
| Investing Cash Flow | 80.47M | 465.76M | -2.07B | -2.90B | -82.73M | -2.27B |
| Financing Cash Flow | 64.18M | -543.64M | 2.22B | 1.53B | 321.96M | 1.82B |
New Fortress Energy Technical Analysis
Negative
0.29
Price Trends
12.61
Negative
17.43
Negative
33.99
Negative
Market Momentum
-2.42
Positive
23.04
Positive
2.98
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For NFE, the sentiment is Negative. The current price of 0.29 is below the 20-day moving average (MA) of 8.53, below the 50-day MA of 12.61, and below the 200-day MA of 33.99, indicating a bearish trend. The MACD of -2.42 indicates Positive momentum. The RSI at 23.04 is Positive, neither overbought nor oversold. The STOCH value of 2.98 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for NFE.
New Fortress Energy Peers Comparison
UnderperformOutperform
Sector (65)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
72 Outperform | $30.71B | 10.67 | 103.64% | 5.12% | 15.43% | 34.31% | |
72 Outperform | $32.63B | 9.77 | 46.30% | 0.70% | 100.72% | 153.27% | |
68 Neutral | $56.22B | 20.58 | 47.41% | 0.80% | 21.65% | -21.45% | |
67 Neutral | $5.02B | 30.26 | 8.62% | 2.07% | 94.64% | ― | |
65 Neutral | $15.17B | 7.61 | 4.09% | 5.20% | 3.87% | -62.32% | |
61 Neutral | $3.97B | 23.27 | 6.94% | 0.95% | 48.97% | 3.43% | |
41 Neutral | $28.31M | -0.01 | -1737.94% | 3.40% | -37.46% | -77.39% |
* Energy Sector Average
NFE
New Fortress Energy
4.32
-98.68
-95.81%
LNG
Cheniere Energy
277.88
48.76
21.28%
CQP
Cheniere Energy Partners
63.81
14.58
29.63%
GLNG
Golar LNG
48.42
10.27
26.91%
EE
Excelerate Energy, Inc. Class A
34.67
7.40
27.13%
VG
Venture Global, Inc. Class A
13.29
0.81
6.52%
New Fortress Energy Corporate Events
Business Operations and StrategyFinancial DisclosuresRegulatory Filings and Compliance
New Fortress Energy Faces Fast LNG Turbine Outage
Negative
Oct 5, 2026
New Fortress Energy Inc. reported that its Fast LNG unit has been taken offline due to a mechanical issue with the facility’s gas turbine, temporarily disrupting production at the modular liquefied natural gas facility. The company is workin...
Business Operations and StrategyLegal ProceedingsPrivate Placements and FinancingStock Split
New Fortress Energy Completes Major Debt Restructuring Plan
Positive
Sep 11, 2026
On September 11, 2026, New Fortress Energy completed a court-sanctioned restructuring of its funded debt, splitting its Brazilian operations into a new standalone entity, BrazilCo, while retaining its other assets in a simplified “New NFE...
Executive/Board Changes
New Fortress Energy Appoints Interim Chief Financial Officer
Neutral
Sep 10, 2026
On September 3, 2026, New Fortress Energy Inc.’s Board of Directors appointed Chief Accounting Officer Frederick Hundt as interim Chief Financial Officer while it conducts a search for a permanent finance chief among internal and external ca...
Business Operations and StrategyExecutive/Board Changes
New Fortress Energy Announces CFO Resignation and Successor Search
Negative
Aug 21, 2026
On August 17, 2026, New Fortress Energy Inc. disclosed that Chief Financial Officer Christopher S. Guinta will resign from his role, with the departure effective August 21, 2026. The company plans to launch a search process that will consider both...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.