New Fortress Energy Inc Crosses Above 5-Day SMA Amid Market Caution
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 01 Dec 25
Source: 8-K
New Fortress Energy Inc. saw its stock price increase by 18.03% today, crossing above the 5-day simple moving average (SMA). This technical movement comes despite broader market declines, with the Nasdaq-100 down 0.34% and the S&P 500 down 0.28%.\n\nRecent news highlighted New Fortress Energy's financial struggles, including significant debt and potential bankruptcy risks, which have raised investor concerns. The company is currently seeking a crucial $4 billion contract in Puerto Rico, which is under regulatory review.\n\nDespite these challenges, the stock's technical strength today suggests a possible short-term recovery, attracting attention from investors amid a generally cautious market environment.
Analyst Views on NFE
Wall Street analysts forecast NFE stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for NFE is 1.00 USD with a low forecast of 1.00 USD and a high forecast of 1.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
1 Analyst Rating
0 Buy
1 Hold
0 Sell
Hold
Current: 1.340
Low
1.00
Averages
1.00
High
1.00
Current: 1.340
Low
1.00
Averages
1.00
High
1.00
About NFE
New Fortress Energy Inc. is a global energy infrastructure company. The Company owns and operates natural gas and liquefied natural gas (LNG) infrastructure and an integrated fleet of ships and logistics assets to deliver turnkey energy solutions to global markets. Its segments include Terminals and Infrastructure, and Ships. The Terminals and Infrastructure segment includes the entire production and delivery chain from natural gas procurement and liquefaction to logistics, shipping, facilities and conversion or development of natural gas-fired power generation. The Company sources LNG from long-term supply agreements with third-party suppliers. The Terminals and Infrastructure segment includes all terminal operations in Puerto Rico, Mexico and Brazil, as well as vessels utilized in its terminal or logistics operations. The Ships segment includes certain vessels which are chartered under long-term arrangements to third parties and are part of the Energos Formation Transaction.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
