New Fortress Energy (NFE)
NASDAQ:NFE
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New Fortress Energy
(NASDAQ:NFE)
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Rating:43Neutral
Price Target:
$1.50
▲(123.88% Upside)
Action:UpgradedDate:01/24/26
The score is weighed down primarily by severe financial deterioration (large losses, negative operating and free cash flow, and very high leverage) and recent credit/forbearance events that heighten restructuring risk. Technicals provide only partial offset with short-term strength but overbought signals and a weak longer-term trend, while valuation is not supportive given the negative P/E.
Positive Factors
Integrated LNG infrastructure model
NFE’s vertical integration across sourcing, processing, transport and terminals creates durable operational control and asset-backed revenue streams. This reduces counterparty exposure, supports service fees and terminal utilization, and helps sustain margins across commodity cycles.
Negative Factors
Deteriorating operating and cash performance
Sustained negative operating and free cash flow alongside large net losses materially weakens internal funding capacity. Over the medium term this constrains reinvestment, increases reliance on external capital, and raises the probability of asset sales, dilution, or restructuring if cash generation doesn't recover.
Read all positive and negative factors
Positive Factors
Negative Factors
Integrated LNG infrastructure model
NFE’s vertical integration across sourcing, processing, transport and terminals creates durable operational control and asset-backed revenue streams. This reduces counterparty exposure, supports service fees and terminal utilization, and helps sustain margins across commodity cycles.
Read all positive factors
New Fortress Energy (NFE) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$190.08M
Dividend YieldN/A
Average Volume (3M)17.35M
Price to Earnings (P/E)―
Beta (1Y)1.66
Revenue Growth-27.23%
EPS Growth-634.60%
CountryUS
Employees722
SectorEnergy
Sector Strength52
IndustryRegulated Gas
Share Statistics
EPS (TTM)-0.47
Shares Outstanding284,552,830
10 Day Avg. Volume8,996,769
30 Day Avg. Volume17,354,169
Financial Highlights & Ratios
PEG Ratio0.09
Price to Book (P/B)1.75
Price to Sales (P/S)1.39
P/FCF Ratio-1.62
Enterprise Value/Market Cap49.25
Enterprise Value/Revenue5.26
Enterprise Value/Gross Profit16.83
Enterprise Value/Ebitda-29.08
Forecast
1Y Price Target
$1.00Price Target Upside49.25% Upside
Rating ConsensusHold
Number of Analyst Covering1
EPS Forecast (FY)-0.08
Revenue Forecast (FY)$3.11B
New Fortress Energy Business Overview & Revenue Model
Company Description
New Fortress Energy Inc. operates as an integrated gas-to-power infrastructure company that provides energy and development services to end-users worldwide. The company operates in two segments, Terminals and Infrastructure, and Ships. The Termina...
How the Company Makes Money
New Fortress Energy generates revenue through several key streams, primarily from the sale of liquefied natural gas and related services. The company earns money by sourcing LNG from producers and transporting it to its terminals for regasificatio...
New Fortress Energy Key Performance Indicators (KPIs)
New Fortress Energy Earnings Call Summary
Earnings Call Date:May 14, 2025
(Q1-2025)
| % Change Since: |
Next Earnings Date:Apr 30, 2026
Earnings Call Sentiment Neutral
The earnings call presented a mix of positive achievements, such as the successful sale of the Jamaica asset and strong liquidity, alongside challenges like lower-than-expected quarterly earnings and project delays. The company is actively addressing these through strategic refinancing and asset sales, but some uncertainties remain, particularly regarding the timing of auctions and project completions.Positive Updates
Jamaica Sale Completion
The sale was completed for $1.055 billion, resulting in net proceeds of $800 million and a gain of $430 million. This transaction exceeded initial forecasts.
Negative Updates
Lower-than-Expected Quarterly Earnings
Q1 adjusted EBITDA was $82 million, lower than forecasted due to the absence of one-time gains and a $200 million net loss reported for GAAP.
Read all updates
Q1-2025 Updates
Positive
Negative
Jamaica Sale Completion
The sale was completed for $1.055 billion, resulting in net proceeds of $800 million and a gain of $430 million. This transaction exceeded initial forecasts.
Read all positive updates
Company Guidance
During the NFE First Quarter 2025 Earnings Call, the company reported consistent core earnings, with figures of $110 million, $177 million, $109 million, and $116 million over recent quarters, despite a decrease in EBITDA due to the absence of one-off results. For 2025, NFE forecasts EBITDA plus gains between $1.25 billion and $1.5 billion, with the sale of its Jamaica assets already contributing $800 million in net proceeds and a $430 million gain. The company has also highlighted its focus on debt reduction, asset sales, and leveraging long-term, high-quality cash flows, aiming to refinance its corporate debt structure. Key financial metrics include a $1.055 billion sale price for Jamaican assets and $778 million in net proceeds, while notable contracts, such as FSRU charters, are expected to add approximately $50 million in annual EBITDA. NFE's liquidity stood at over $1.1 billion at the end of Q1 2025, with plans to utilize this position to address near-term debt maturities and capitalize on growth opportunities in Brazil and Puerto Rico.New Fortress Energy Financial Statement Overview
Summary
Income Statement
28
Negative
Balance Sheet
18
Very Negative
Cash Flow
22
Negative
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 1.78B | 2.36B | 2.41B | 2.37B | 1.32B | 451.65M |
| Gross Profit | 556.16M | 1.10B | 1.30B | 1.15B | 556.75M | 125.30M |
| EBITDA | -321.92M | 257.82M | 1.11B | 430.70M | 350.45M | -175.59M |
| Net Income | -1.28B | -249.04M | 547.88M | 194.48M | 97.10M | -182.15M |
Balance Sheet | ||||||
| Total Assets | 11.91B | 12.87B | 10.50B | 7.71B | 6.88B | 1.91B |
| Cash, Cash Equivalents and Short-Term Investments | 145.24M | 492.88M | 155.41M | 675.49M | 187.51M | 601.52M |
| Total Debt | 9.31B | 9.50B | 7.37B | 4.89B | 4.14B | 1.36B |
| Total Liabilities | 10.78B | 10.87B | 8.72B | 6.26B | 4.88B | 1.53B |
| Stockholders Equity | 995.39M | 1.88B | 1.64B | 1.29B | 1.79B | 366.96M |
Cash Flow | ||||||
| Free Cash Flow | -1.73B | -2.03B | -2.21B | -818.90M | -584.58M | -282.56M |
| Operating Cash Flow | -134.65M | 586.74M | 824.76M | 355.11M | 84.77M | -125.57M |
| Investing Cash Flow | -570.44M | -2.07B | -2.90B | -82.73M | -2.27B | -157.63M |
| Financing Cash Flow | 869.42M | 2.22B | 1.53B | 321.96M | 1.82B | 819.50M |
New Fortress Energy Technical Analysis
Negative
0.67
Price Trends
1.04
Negative
1.16
Negative
1.82
Negative
Market Momentum
-0.13
Negative
36.50
Neutral
39.21
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For NFE, the sentiment is Negative. The current price of 0.67 is below the 20-day moving average (MA) of 0.77, below the 50-day MA of 1.04, and below the 200-day MA of 1.82, indicating a bearish trend. The MACD of -0.13 indicates Negative momentum. The RSI at 36.50 is Neutral, neither overbought nor oversold. The STOCH value of 39.21 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for NFE.
New Fortress Energy Peers Comparison
UnderperformOutperform
Sector (65)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
68 Neutral | $2.32B | 16.85 | 7.78% | 4.18% | 11.27% | 20.04% | |
65 Neutral | $15.17B | 7.61 | 4.09% | 5.20% | 3.87% | -62.32% | |
65 Neutral | $1.33B | 6.81 | 20.91% | 6.97% | 7.94% | 43.23% | |
64 Neutral | $3.18B | 20.80 | 8.31% | 2.15% | 17.15% | 15.00% | |
58 Neutral | $3.37B | 103.12 | 3.50% | ― | ― | ― | |
56 Neutral | $428.30M | 4.50 | -40.95% | ― | 7.03% | -86.15% | |
43 Neutral | $190.08M | -0.52 | -87.35% | ― | -27.23% | -634.60% |
* Energy Sector Average
NFE
New Fortress Energy
0.70
-5.20
-88.10%
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New Fortress Energy Corporate Events
Business Operations and StrategyFinancial DisclosuresLegal ProceedingsPrivate Placements and FinancingRegulatory Filings and Compliance
New Fortress Energy Enters Forbearance Amid Loan Defaults
Negative
Dec 19, 2025
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, 202...
Business Operations and StrategyPrivate Placements and Financing
New Fortress Energy Extends Forbearance Agreement Deadline
Neutral
Dec 17, 2025
New Fortress Energy has extended its forbearance agreement related to its 12.000% Senior Secured Notes due 2029. Originally set to expire on December 15, 2025, the agreement has been extended to January 9, 2026, allowing the company additional tim...
Business Operations and StrategyPrivate Placements and Financing
New Fortress Energy Amends Credit Agreement, Extends Maturity
Negative
Nov 20, 2025
On November 14, 2025, New Fortress Energy Inc. entered into the Eleventh Amendment Agreement to extend the maturity date of its Letter of Credit Agreement to March 31, 2026, and implement several financial covenant changes. This amendment could le...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.