New Fortress Energy (NFE) Projected to Announce Earnings on Monday

New Fortress Energy (NASDAQ:NFE) is expected to be posting its Q2 2026 resultson Monday, August 3rd. Analysts expect the company to post earnings of ($0.21) per share and revenue of $511.60 million for the quarter. Investors are encouraged to explore the company’s upcoming Q2 2026 earning results 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 posted its quarterly earnings data on Thursday, May 14th. The company reported ($1.40) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.19) by ($1.21). The company had revenue of $226.95 million for the quarter, compared to the consensus estimate of $508.60 million. New Fortress Energy had a negative return on equity of 253.73% and a negative net margin of 164.16%. 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 NFE opened at $0.32 on Friday. 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 50-day simple moving average of $0.42 and a 200-day simple moving average of $0.78. New Fortress Energy has a 52 week low of $0.32 and a 52 week high of $3.52. The firm has a market capitalization of $92.12 million, a P/E ratio of -0.14 and a beta of 1.33.

Wall Street Analyst Weigh In

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

Hedge Funds Weigh In On New Fortress Energy

Hedge funds have recently made changes to their positions in the business. Rubric Capital Management LP boosted its position in shares of New Fortress Energy by 1.5% during the 3rd quarter. Rubric Capital Management LP now owns 24,767,087 shares of the company’s stock valued at $54,735,000 after acquiring an additional 367,087 shares in the last quarter. Shay Capital LLC increased its stake in New Fortress Energy by 272.1% in the third quarter. Shay Capital LLC now owns 5,675,000 shares of the company’s stock valued at $12,542,000 after acquiring an additional 4,150,000 shares during the period. Charles Schwab Investment Management Inc. raised its position in New Fortress Energy by 85.4% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 4,499,203 shares of the company’s stock worth $5,129,000 after purchasing an additional 2,072,477 shares in the last quarter. State Street Corp raised its position in New Fortress Energy by 11.3% in the fourth quarter. State Street Corp now owns 3,846,958 shares of the company’s stock worth $4,386,000 after purchasing an additional 389,297 shares in the last quarter. Finally, Geode Capital Management LLC lifted its stake in 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 purchasing an additional 12,838 shares during the period. Institutional investors and hedge funds own 58.61% of the company’s stock.

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.