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New Fortress Energy ( (NFE) ) has provided an announcement.
On May 14, 2025, New Fortress Energy Inc. and Atlantic Energy Holdings LLC completed the sale of their Jamaican business to Excelerate Energy Limited Partnership for $1.055 billion in cash. This acquisition, initially announced on March 26, 2025, is expected to impact New Fortress Energy’s operations and market positioning by divesting its assets in Jamaica.
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 score reflects a complex picture: strengths in strategic asset sales and liquidity are offset by high leverage, profitability issues, and technical weakness. The stock might appeal to investors focused on high dividend yields, but caution is advised due to financial risks and recent earnings challenges.
To see Spark’s full report on NFE stock, click here.
More about New Fortress Energy
New Fortress Energy Inc. is a company involved in the energy sector, focusing on the development and operation of natural gas infrastructure and logistics.
Average Trading Volume: 10,142,547
Technical Sentiment Signal: Sell
Current Market Cap: $902.1M
See more data about NFE stock on TipRanks’ Stock Analysis page.