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

New Fortress Energy (NASDAQ:NFE) is expected to issue its Q2 2026 results before the market opens on Friday, September 4th. Analysts expect New Fortress Energy to announce earnings of $0.07 per share and revenue of $731.20 million for the quarter. Interested persons may visit the the company’s upcoming Q2 2026 earning results page for the latest details on the call scheduled for Thursday, August 6, 2026 at 7:00 AM ET.

New Fortress Energy (NASDAQ:NFE) last released its earnings results on Thursday, August 6th. The company reported ($1.30) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.21) by ($1.09). New Fortress Energy had a negative net margin of 149.40% and a negative return on equity of 795.34%. The business had revenue of $312.50 million during the quarter, compared to analysts’ expectations of $511.60 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 Performance

Shares of NFE stock opened at $0.28 on Thursday. The company has a market capitalization of $78.87 million, a price-to-earnings ratio of -0.10 and a beta of 1.35. New Fortress Energy has a 1-year low of $0.25 and a 1-year high of $3.08. The company has a current ratio of 0.16, a quick ratio of 0.15 and a debt-to-equity ratio of 3.57. The stock’s fifty day simple moving average is $0.33 and its 200-day simple moving average is $0.61.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of New Fortress Energy in a research note on Friday, July 17th. One investment analyst has rated the stock with a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, New Fortress Energy currently has an average rating of “Sell”.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in NFE. Rubric Capital Management LP lifted its holdings in New Fortress Energy by 1.5% in the 3rd quarter. Rubric Capital Management LP now owns 24,767,087 shares of the company’s stock worth $54,735,000 after purchasing an additional 367,087 shares during the last quarter. Shay Capital LLC grew its holdings in New Fortress Energy by 272.1% during the third quarter. Shay Capital LLC now owns 5,675,000 shares of the company’s stock valued at $12,542,000 after purchasing an additional 4,150,000 shares during the last quarter. Charles Schwab Investment Management Inc. raised its position in shares of 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 valued at $5,129,000 after purchasing an additional 2,072,477 shares during the period. State Street Corp raised its position in shares of New Fortress Energy by 11.3% in the fourth quarter. State Street Corp now owns 3,846,958 shares of the company’s stock valued at $4,386,000 after purchasing an additional 389,297 shares during the period. Finally, Geode Capital Management LLC lifted its stake in shares of New Fortress Energy by 0.3% in the fourth quarter. Geode Capital Management LLC now owns 3,697,121 shares of the company’s stock worth $4,215,000 after buying an additional 12,838 shares during the last quarter. 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.