FLEX LNG Ltd. (FLNG)
NYSE: FLNG · IEX Real-Time Price · USD
25.79
+0.41 (1.62%)
At close: Apr 19, 2024, 4:00 PM
26.00
+0.21 (0.81%)
After-hours: Apr 19, 2024, 5:25 PM 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 32, which predicts an increase of 24.08% from the current stock price of 25.79.
Analyst Consensus: Hold
* Price targets were last updated on Aug 16, 2023.
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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 1 | 1 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| 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 | Hold Maintains $35 → $32 | Hold | Maintains | $35 → $32 | +24.08% | Aug 16, 2023 |
| Jefferies | Jefferies | Hold Maintains $36 | Hold | Maintains | $36 | +39.59% | Feb 14, 2023 |
| Jefferies | Jefferies | Hold Maintains $26 → $36 | Hold | Maintains | $26 → $36 | +39.59% | Aug 25, 2022 |
| Jefferies | Jefferies | Hold Initiates $26 | Hold | Initiates | $26 | +0.81% | Jul 21, 2022 |
| BTIG | BTIG | Strong Buy → Hold Downgrades n/a | Strong Buy → Hold | Downgrades | n/a | n/a | Mar 26, 2021 |
Financial Forecast
Revenue This Year
372.88M
from 371.02M
Increased by 0.50%
Revenue Next Year
370.26M
from 372.88M
Decreased by -0.70%
EPS This Year
2.51
from 2.22
Increased by 12.90%
EPS Next Year
2.42
from 2.51
Decreased by -3.31%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 391.7M | 417.9M | 401.1M |
| Avg | 372.9M | 370.3M | 368.0M |
| Low | 354.8M | 301.8M | 293.0M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 5.6% | 12.1% | 8.3% |
| Avg | 0.5% | -0.7% | -0.6% |
| Low | -4.4% | -19.1% | -20.9% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 2.75 | 3.24 | 3.01 |
| Avg | 2.51 | 2.42 | 2.31 |
| Low | 2.15 | 1.04 | 0.70 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 23.9% | 29.5% | 24.4% |
| Avg | 12.9% | -3.3% | -4.5% |
| Low | -3.3% | -58.6% | -71.3% |
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.