# New Fortress Energy Inc.  Share Price Target ‘$26.75’, now 131.6% Upside Potential

- Link: https://www.directorstalkinterviews.com/new-fortress-energy-inc.share-price-target-26.75-now-131.6-upside-potential/4121170570
- Published: 2024-09-06T19:10:55+01:00
- Author: Charlotte Edwards

**New Fortress Energy Inc.** with ticker code (NFE) now have 8 analysts in total
covering the stock. The consensus rating is pointing to ‘buy’. The range between
the high target price and low target price is between $35.00 and $17.00 calculating
the average target share price we see $26.75. (at the time of writing). Now with
the previous closing price of $11.55 and the analysts are correct then there would
likely be a percentage uptick in value of 131.6%. There is a 50 day moving average
of $17.50 and the 200 day moving average is $27.66. The market capitalization for
the company is 2.38B. Currently the stock stands at: $11.61 USD

 The potential market cap would be $5,514,038,652 based on the market consensus.

The company is not paying dividends at this time.

Other points of data to note are a P/E ratio of 9.84, revenue per share of $11.50
and a 4.56% return on assets.

New Fortress Energy Inc. is an energy infrastructure company, which is engaged in
providing energy and development services. The Company owns and operates natural
gas and liquefied natural gas (LNG) infrastructure, and an integrated fleet of ships
and logistics assets to rapidly deliver energy solutions to global markets. The 
Company operates through two segments: Terminals and Infrastructure and Ships. The
Terminals and Infrastructure segment includes the entire production and delivery
chain from natural gas procurement and liquefaction to logistics, shipping, facilities
and conversion or development of natural gas-fired power generation. This segment
includes all terminal operations in Jamaica, Puerto Rico, Mexico and Brazil, including
its interest in the Sergipe Power Plant. Its Ships segment includes all vessels,
which are leased to customers under long-term or spot arrangements, including the
25-year charter of Nanook with Centrais Eletricas de Sergipe S.A. (CELSE).

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