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Navigator Holdings ( (NVGS) ) has shared an update.
On July 14, 2025, Navigator Holdings Ltd. announced a joint venture with Amon Maritime to construct two ammonia-fueled liquefied ammonia carriers, with Navigator acquiring an 80% stake. The vessels, capable of carrying liquefied petroleum gas, will be built by Nantong CIMC Sinopacific Offshore & Engineering Co., Ltd., with deliveries scheduled for June and October 2028. The project received a NOK 90 million investment grant from the Norwegian government agency Enova. The joint venture will finance the vessels primarily through commercial bank finance, with Navigator and Amon Maritime providing capital contributions. Once delivered, the vessels will operate under long-term time charters with a blue-chip industry leader for five years, enhancing Navigator’s earnings and supporting its strategic goal of meeting the demand for sustainable fuel sources.
The most recent analyst rating on (NVGS) stock is a Buy with a $21.00 price target. To see the full list of analyst forecasts on Navigator Holdings stock, see the NVGS Stock Forecast page.
Spark’s Take on NVGS Stock
According to Spark, TipRanks’ AI Analyst, NVGS is a Outperform.
Navigator Holdings demonstrates strong financial performance and resilience, with notable revenue growth and strategic financial maneuvers. The technical indicators support a positive outlook, although valuation metrics suggest the stock is moderately undervalued. The earnings call provided confidence in future growth despite some operational challenges.
To see Spark’s full report on NVGS stock, click here.
More about Navigator Holdings
Navigator Holdings Ltd., also known as Navigator Gas, is the owner and operator of the world’s largest fleet of handysize liquefied gas carriers. The company is a global leader in the seaborne transportation services of petrochemical gases, including ethylene, ethane, liquefied petroleum gas (LPG), and ammonia. Navigator Gas plays a crucial role in the liquefied gas supply chain, providing efficient and reliable transportation services for energy companies, industrial consumers, and commodity traders.
Average Trading Volume: 494,438
Technical Sentiment Signal: Buy
Current Market Cap: $1.06B
For detailed information about NVGS stock, go to TipRanks’ Stock Analysis page.