FLEX LNG Ltd. (FLNG)
NYSE: FLNG · IEX Real-Time Price · USD
26.93
-0.15 (-0.55%)
At close: Jul 19, 2024, 4:00 PM
27.02
+0.09 (0.33%)
Pre-market: Jul 22, 2024, 7:00 AM EDT
FLEX LNG Stock Forecast
Stock Price Forecast
The 1 analyst with a 12-month price forecast for FLEX LNG stock has a target of 25, which predicts a decrease of -7.17% from the current stock price of 26.93.
Analyst Consensus: Sell
* Price targets were last updated on May 23, 2024.
Analyst Ratings
According to 1 stock analyst, the rating for FLEX LNG is "Sell". This means that the analyst believes this stock is likely to lead to lower returns than market as a whole.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 1 | 1 | 1 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 1 | 1 | 1 | 1 | 1 | 1 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Jefferies | Jefferies | Sell Maintains $23 → $25 | Sell | Maintains | $23 → $25 | -7.17% | May 23, 2024 |
| Jefferies | Jefferies | Hold Maintains $35 → $32 | Hold | Maintains | $35 → $32 | +18.83% | Aug 16, 2023 |
| Jefferies | Jefferies | Hold Maintains $36 | Hold | Maintains | $36 | +33.68% | Feb 14, 2023 |
| Jefferies | Jefferies | Hold Maintains $26 → $36 | Hold | Maintains | $26 → $36 | +33.68% | Aug 25, 2022 |
| Jefferies | Jefferies | Hold Initiates $26 | Hold | Initiates | $26 | -3.45% | Jul 21, 2022 |
Financial Forecast
Revenue This Year
372.43M
from 371.02M
Increased by 0.38%
Revenue Next Year
367.40M
from 372.43M
Decreased by -1.35%
EPS This Year
2.53
from 2.22
Increased by 13.95%
EPS Next Year
2.42
from 2.53
Decreased by -4.44%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 389.6M | 393.8M | 410.6M | 356.0M |
| Avg | 372.4M | 367.4M | 373.8M | 345.8M |
| Low | 350.8M | 301.8M | 293.0M | 332.2M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 5.0% | 5.7% | 11.7% | -4.8% |
| Avg | 0.4% | -1.4% | 1.7% | -7.5% |
| Low | -5.4% | -19.0% | -20.2% | -11.1% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 2.80 | 2.84 | 3.28 |
| Avg | 2.53 | 2.42 | 2.54 |
| Low | 2.14 | 1.11 | 0.81 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 26.3% | 12.1% | 35.5% |
| Avg | 13.9% | -4.4% | 5.1% |
| Low | -3.8% | -56.2% | -66.4% |
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.