FLEX LNG Ltd. (FLNG)
NYSE: FLNG · Real-Time Price · USD
26.34
+0.16 (0.61%)
Nov 22, 2024, 4:00 PM EST - Market closed

FLEX LNG Stock Forecast

Stock Price Forecast

The 1 analyst with a 12-month price forecast for FLEX LNG stock has a target of 24, which predicts a decrease of -8.88% from the current stock price of 26.34.

Analyst Consensus: Hold
Target Low Average Median High
Price $24 $24 $24 $24
Change -8.88% -8.88% -8.88% -8.88%

Analyst Ratings

According to 1 stock analyst, the rating for FLEX LNG is "Hold". This means that the analyst believes this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating Jun '24Jul '24Aug '24Sep '24Oct '24Nov '24
Strong Buy 000000
Buy 000000
Hold 001111
Sell 110000
Strong Sell 000000
Total 111111

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Jefferies
Jefferies
Hold
Maintains
$24
Hold Maintains $24 -8.88% Nov 12, 2024
Jefferies
Jefferies
Hold
Upgrades
$24
Hold Upgrades $24 -8.88% Aug 14, 2024
Jefferies
Jefferies
Sell
Maintains
$23$25
Sell Maintains $23$25 -5.09% May 23, 2024
Jefferies
Jefferies
Hold
Maintains
$35$32
Hold Maintains $35$32 +21.49% Aug 16, 2023
Jefferies
Jefferies
Hold
Maintains
$36
Hold Maintains $36 +36.67% Feb 14, 2023
More Analyst Ratings

Financial Forecast

Revenue This Year
369.42M
from 371.02M
Decreased by -0.43%
Revenue Next Year
372.96M
from 369.42M
Increased by 0.96%
EPS This Year
2.43
from 2.22
Increased by 9.35%
EPS Next Year
2.45
from 2.43
Increased by 1.05%
Fiscal Year FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Dec 31, 2019 Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026
Revenue
119.97M164.46M343.45M347.92M371.02M369.42M372.96M384.87M
Revenue Growth
55.38%37.09%108.83%1.30%6.64%-0.43%0.96%3.19%
EPS
0.310.153.043.512.222.432.452.67
EPS Growth
6.90%-51.67%1,929.16%15.46%-36.75%9.35%1.05%8.70%
Forward PE
-----10.8510.749.88
No. Analysts -----10109
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 2024202520262027
High 384.3M 393.8M 407.4M
Avg 369.4M 373.0M 384.9M
Low 349.9M 344.0M 359.7M

Revenue Growth

Revenue Growth 2024202520262027
High
3.6%
6.6%
9.2%
Avg
-0.4%
1.0%
3.2%
Low
-5.7%
-6.9%
-3.6%

EPS Forecast

EPS 202420252026
High 2.78 2.84 3.19
Avg 2.43 2.45 2.67
Low 1.89 1.73 1.99

EPS Growth

EPS Growth 202420252026
High
25.3%
16.8%
30.1%
Avg
9.4%
1.1%
8.7%
Low
-14.8%
-28.5%
-18.9%
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.