Stabilis Solutions price target lowered to $10 from $12 at Maxim

Maxim lowered the firm’s price target on Stabilis Solutions (SLNG) to $10 from $12 and keeps a Buy rating on the shares. The company reported Q2 results with revenue and EBITDA below expectations due to delivering fewer gallons of liquefied natural gas, but gross profit and free cash flow exceeded the firm’s estimates, the analyst tells investors in a research note. Maxim believes that Stabilis will generate free cash flow in 2025, then uses cash to fund another year of capital expenditure growth in 2026.