New Fortress Energy Delays Quarterly Report Filing

New Fortress Energy ( (NFE) ) has released a notification of late filing.

New Fortress Energy Inc. has filed a Form 12b-25 to notify a delay in submitting its Form 10-Q (Quarter Report) for the financial period ending June 30, 2025. The delay is primarily due to ongoing negotiations for additional credit support required under a debt instrument, which may affect the financial statement presentation of long-term debt. Additionally, the company needs more time to complete procedures related to interim unaudited financial statements and allow its independent accounting firm to finish its review. The company anticipates filing the report within five calendar days following the prescribed due date. Financially, the company expects significant changes in its results, including decreased revenue from terminal operations due to the discontinuation of a temporary power project in Puerto Rico and the sale of its business in Jamaica. Operating expenses have increased due to goodwill and asset impairments, partially offset by gains from the sale of the Jamaican business. The notification was signed by Christopher S. Guinta, Chief Financial Officer, as part of the company’s ongoing compliance efforts.

The most recent analyst rating on (NFE) stock is a Hold with a $15.00 price target. To see the full list of analyst forecasts on New Fortress Energy stock, see the NFE Stock Forecast page.

Spark’s Take on NFE Stock

According to Spark, TipRanks’ AI Analyst, NFE is a Neutral.

New Fortress Energy’s overall stock score of 53 reflects significant financial performance challenges, including high leverage and negative cash flows. Technical indicators suggest a bearish trend, and valuation metrics indicate risks despite a high dividend yield. Positive earnings call developments are overshadowed by operational challenges and a Nasdaq non-compliance notice, which could lead to further investor concern.

To see Spark’s full report on NFE stock, click here.

More about New Fortress Energy

Average Trading Volume: 13,393,403

Technical Sentiment Signal: Sell

Current Market Cap: $718.4M

For a thorough assessment of NFE stock, go to TipRanks’ Stock Analysis page.