New Fortress Energy (NFE, Financial) is experiencing a notable increase in bullish sentiment as options activity has surged. The company has seen 7,704 call options traded, which is twice the typical expectation. This heightened activity comes with a 7-point rise in implied volatility, bringing it to 155.63%.
The most actively traded options are the May 2025 $5.50 calls and the December 2025 $25 calls, collectively accounting for around 4,900 contracts. This significant activity suggests investors are betting on future gains for NFE. Additionally, the Put/Call Ratio stands at a relatively low 0.22, indicating a strong preference for call options over puts.
Earnings for New Fortress Energy are anticipated to be reported on May 8th, which could provide further insights into the company’s performance and potentially influence future trading activity.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 7 analysts, the average target price for New Fortress Energy Inc (NFE, Financial) is $16.71 with a high estimate of $34.00 and a low estimate of $8.00. The average target implies an upside of 235.29% from the current price of $4.99. More detailed estimate data can be found on the New Fortress Energy Inc (NFE) Forecast page.
Based on the consensus recommendation from 7 brokerage firms, New Fortress Energy Inc's (NFE, Financial) average brokerage recommendation is currently 2.0, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for New Fortress Energy Inc (NFE, Financial) in one year is $28.99, suggesting a upside of 481.54% from the current price of $4.985. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the New Fortress Energy Inc (NFE) Summary page.