Financial OutlookVG's ~$2.0bn FY25e adj EBITDA guidance miss appeared to be the Street's main takeaway from VG's 4Q24 update, as shares declined -36%.
Market PerceptionMarket skepticism exists due to customer arbitration over commissioning volumes at CP1, but new long-term deals could reinforce Venture Global's marketplace reputation.
Valuation ConcernsBased on the recent stock price appreciation, there is seen limited upside on the Price Target of $18/shr.