Claim 70% Off TipRanks This Holiday Season
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
The latest update is out from New Fortress Energy ( (NFE) ).
New Fortress Energy Inc. disclosed that it failed to make interest payments due December 10, 2025, on both its Term Loan B (approximately $30.6 million) and Term Loan A (approximately $1.6 million), triggering events of default on December 17, 2025, and has also told Term Loan B lenders it does not intend to make certain principal payments due on December 31, 2025. On December 17, 2025, the company entered into separate forbearance agreements with required lenders under both its Term Loan B and Term Loan A facilities, running through January 9, 2026, under which lenders agreed temporarily not to accelerate the debt or exercise remedies, but if further forbearance or debt restructuring is not reached, substantially all of the company’s debt could be accelerated and become payable on demand, potentially forcing broader restructuring steps with adverse consequences for shareholders.
Also on December 17, 2025, New Fortress executed amendments to its letter of credit facility, revolving credit facility and Term Loan A credit agreement, tying defaults under these instruments to the continued effectiveness of the Term Loan A and Term Loan B forbearance agreements and tightening covenants by restricting dividends, new indebtedness, asset sales, intercompany transfers and investments. These cross-default provisions and covenant restrictions increase the financial pressure on the company and heighten the risk that, if lenders ultimately accelerate these obligations, New Fortress may need to undertake significant out-of-court or in-court restructuring initiatives, with material implications for creditors and stockholders.
The most recent analyst rating on (NFE) stock is a Hold with a $1.50 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 is primarily impacted by its financial challenges, including declining revenue and high leverage. The technical analysis suggests a bearish trend, and the valuation is unattractive due to negative profitability. The recent corporate event adds further financial risk, contributing to a cautious outlook.
To see Spark’s full report on NFE stock, click here.
More about New Fortress Energy
New Fortress Energy Inc. is an energy infrastructure company focused on natural gas and liquefied natural gas (LNG), developing and operating facilities and related financing structures to support its power and gas supply operations in various markets.
Average Trading Volume: 16,526,959
Technical Sentiment Signal: Sell
Current Market Cap: $369.9M
For a thorough assessment of NFE stock, go to TipRanks’ Stock Analysis page.