Golar LNG (NASDAQ:GLNG) Price Target Raised to $70.00 at BTIG Research

Golar LNG (NASDAQ:GLNG) had its target price boosted by equities researchers at BTIG Research from $67.00 to $70.00 in a research report issued on Friday,Benzinga reports. The firm presently has a “buy” rating on the shipping company’s stock. BTIG Research’s price target indicates a potential upside of 36.69% from the company’s current price.

Other equities analysts also recently issued reports about the stock. The Goldman Sachs Group set a $66.00 price target on shares of Golar LNG and gave the stock a “conviction-buy” rating in a research note on Tuesday, July 7th. Weiss Ratings upgraded shares of Golar LNG from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Tuesday, June 23rd. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a $65.00 price objective on shares of Golar LNG in a research report on Thursday, May 21st. Pareto Securities cut Golar LNG from a “strong-buy” rating to a “hold” rating in a research report on Thursday, May 21st. Finally, Wall Street Zen cut shares of Golar LNG from a “hold” rating to a “sell” rating in a report on Saturday, June 27th. One analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $59.30.

Golar LNG Price Performance

Shares of NASDAQ GLNG opened at $51.21 on Friday. Golar LNG has a twelve month low of $35.02 and a twelve month high of $57.79. The firm has a market capitalization of $5.19 billion, a P/E ratio of 37.11 and a beta of 0.05. The company has a quick ratio of 2.57, a current ratio of 2.57 and a debt-to-equity ratio of 1.14. The stock’s 50-day simple moving average is $50.07 and its two-hundred day simple moving average is $49.78.

Golar LNG (NASDAQ:GLNG) last announced its quarterly earnings data on Thursday, March 26th. The shipping company reported $0.82 earnings per share for the quarter. The company had revenue of $137.55 million for the quarter. Golar LNG had a return on equity of 6.86% and a net margin of 30.10%. As a group, equities analysts anticipate that Golar LNG will post 0.72 EPS for the current fiscal year.

Hedge Funds Weigh In On Golar LNG

A number of institutional investors have recently bought and sold shares of the stock. Caitong International Asset Management Co. Ltd lifted its position in Golar LNG by 278.2% during the third quarter. Caitong International Asset Management Co. Ltd now owns 658 shares of the shipping company’s stock valued at $27,000 after purchasing an additional 484 shares in the last quarter. AdvisorNet Financial Inc increased its position in Golar LNG by 108.5% in the first quarter. AdvisorNet Financial Inc now owns 515 shares of the shipping company’s stock worth $28,000 after buying an additional 268 shares in the last quarter. Zions Bancorporation National Association UT bought a new position in shares of Golar LNG in the fourth quarter worth about $44,000. EverSource Wealth Advisors LLC raised its stake in shares of Golar LNG by 94.0% in the second quarter. EverSource Wealth Advisors LLC now owns 1,356 shares of the shipping company’s stock worth $56,000 after buying an additional 657 shares during the period. Finally, Brown Brothers Harriman & Co. purchased a new position in shares of Golar LNG during the 4th quarter valued at about $65,000. 92.21% of the stock is owned by institutional investors.

Key Stories Impacting Golar LNG

Here are the key news stories impacting Golar LNG this week:

• Positive Sentiment: Q2 earnings and EBITDA beat expectations. Golar reported earnings of $0.68 per share, above the $0.55 consensus estimate and more than double the $0.26 reported a year earlier. Revenue was $130.5 million, slightly below expectations, but adjusted EBITDA surged 159% year over year to $127.4 million. Net income attributable to Golar increased 145% to $38.3 million. Golar LNG Q2 Earnings and Revenues Beat Estimates
• Positive Sentiment: Golar approved its fourth FLNG unit. The company signed a roughly $2.45 billion engineering, procurement and construction contract for a 3.5 million-ton-per-year FLNG vessel, with delivery expected by the end of 2029. Golar said the project could provide the earliest available FLNG capacity globally, potentially expanding long-term revenue and cash-flow opportunities. Golar LNG Orders 4th FLNG Unit for 2029 Delivery
• Positive Sentiment: Shareholders will receive another dividend. Golar declared a quarterly dividend of $0.25 per share, payable September 2 to shareholders of record August 24. The dividend represents an annualized payout of $1.00 per share and a yield of approximately 2.0%, reinforcing the company’s shareholder-return appeal. Golar LNG Sets $0.25 Dividend
• Neutral Sentiment: Investors must weigh the expansion cost. Golar’s contractual debt reached approximately $2.68 billion, up 31% year over year, while the fourth FLNG project will require about $2.45 billion in capital. Strong cash generation and total cash of roughly $908 million provide support, but financing, construction and market-demand risks remain important considerations. Golar LNG Interim Results for June 30, 2026

About Golar LNG

Golar LNG Ltd. is a leading owner and operator of liquefied natural gas (LNG) carriers and floating infrastructure. The company specializes in the transportation of LNG on long-term and spot charters for major energy firms around the world. In addition to shipping, Golar LNG has broadened its services to include project development and the conversion of existing carriers into Floating Liquefied Natural Gas (FLNG) and Floating Storage and Regasification Unit (FSRU) vessels.

Since pioneering the first purpose-built FLNG conversion project, Golar LNG has been at the forefront of offshore gas monetization.