Chart Industries: Strong Financial Performance and Promising Outlook Justify Buy Rating

Wells Fargo analyst Roger Read maintained a Buy rating on Chart Industries (GTLS – Research Report) yesterday and set a price target of $208.00.

Roger Read has given his Buy rating due to a combination of factors that highlight Chart Industries’ strong financial performance and promising outlook. The company reported solid first-quarter results for 2025 and maintained its full-year guidance, which supports a positive view on its stock. Despite the temporary delay in free cash flow generation due to pre-tariff raw material stocking, the overall deleveraging plan remains on track.
Additionally, Chart Industries has shown robust order growth and improved confidence in its backlog and free cash flow conversion capabilities. The company’s medium-term outlook remains unchanged, with expectations of double-digit organic revenue growth and significant improvements in gross profit margins and earnings per share by 2026. The anticipated increase in LNG orders and the company’s flexible manufacturing and regional supply chains are expected to mitigate tariff impacts, further solidifying the Buy recommendation.

Read covers the Energy sector, focusing on stocks such as BP, Phillips 66, and Valero Energy. According to TipRanks, Read has an average return of -0.6% and a 44.40% success rate on recommended stocks.

In another report released today, TD Cowen also maintained a Buy rating on the stock with a $205.00 price target.