New Fortress Energy (NFE) to Release Quarterly Earnings on Monday

New Fortress Energy (NASDAQ:NFE) is anticipated to announce its Q2 2026 resultson Monday, August 3rd. Analysts expect the company to announce earnings of ($0.21) per share and revenue of $511.60 million for the quarter. Investors can find conference call details on the company’s upcoming Q2 2026 earning overview page for the latest details on the call scheduled for Thursday, August 13, 2026 at 9:30 AM ET.

New Fortress Energy (NASDAQ:NFE) last released its quarterly earnings data on Thursday, May 14th. The company reported ($1.40) earnings per share for the quarter, missing the consensus estimate of ($0.19) by ($1.21). New Fortress Energy had a negative return on equity of 253.73% and a negative net margin of 164.16%.The firm had revenue of $226.95 million for the quarter, compared to the consensus estimate of $508.60 million. On average, analysts expect New Fortress Energy to post $-1 EPS for the current fiscal year and $0 EPS for the next fiscal year.

New Fortress Energy Stock Down 2.6%

Shares of NASDAQ:NFE opened at $0.32 on Friday. The company has a 50 day moving average price of $0.42 and a two-hundred day moving average price of $0.78. The company has a debt-to-equity ratio of 3.57, a quick ratio of 0.11 and a current ratio of 0.13. The company has a market capitalization of $92.12 million, a PE ratio of -0.14 and a beta of 1.33. New Fortress Energy has a 52 week low of $0.32 and a 52 week high of $3.52.

Analysts Set New Price Targets

Several brokerages have recently issued reports on NFE. Weiss Ratings reissued a “sell (e+)” rating on shares of New Fortress Energy in a report on Friday, July 17th. Wall Street Zen downgraded New Fortress Energy from a “sell” rating to a “strong sell” rating in a research note on Saturday, April 18th. Two investment analysts have rated the stock with a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, New Fortress Energy has a consensus rating of “Reduce” and a consensus price target of $4.00.

Institutional Trading of New Fortress Energy

Several hedge funds have recently bought and sold shares of NFE. Rubric Capital Management LP lifted its stake in New Fortress Energy by 1.5% in the third quarter. Rubric Capital Management LP now owns 24,767,087 shares of the company’s stock valued at $54,735,000 after buying an additional 367,087 shares in the last quarter. Shay Capital LLC increased its position in shares of New Fortress Energy by 272.1% during the third quarter. Shay Capital LLC now owns 5,675,000 shares of the company’s stock worth $12,542,000 after acquiring an additional 4,150,000 shares in the last quarter. Charles Schwab Investment Management Inc. increased its position in shares of New Fortress Energy by 85.4% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 4,499,203 shares of the company’s stock worth $5,129,000 after acquiring an additional 2,072,477 shares in the last quarter. State Street Corp raised its holdings in shares of New Fortress Energy by 11.3% during the fourth quarter. State Street Corp now owns 3,846,958 shares of the company’s stock worth $4,386,000 after acquiring an additional 389,297 shares during the period. Finally, Geode Capital Management LLC raised its holdings in shares of New Fortress Energy by 0.3% during the fourth quarter. Geode Capital Management LLC now owns 3,697,121 shares of the company’s stock worth $4,215,000 after acquiring an additional 12,838 shares during the period. 58.61% of the stock is currently owned by institutional investors and hedge funds.

About New Fortress Energy

New Fortress Energy is an integrated global energy infrastructure company focused on the development, construction and operation of natural gas-to-power projects and liquefied natural gas (LNG) terminals. The company sources LNG and delivers it via a network of floating storage and regasification units (FSRUs), onshore regasification terminals, and small-scale LNG carriers. By providing reliable natural gas supply solutions, New Fortress Energy aims to displace higher-carbon fuels in power generation, industrial and marine sectors.

The company’s core activities include the design, development and operation of FSRUs and onshore regasification terminals that convert cryogenic LNG back to gas for delivery into domestic transmission networks.