Golar LNG Limited (GLNG)
NASDAQ: GLNG · IEX Real-Time Price · USD
24.06
+0.27 (1.13%)
Mar 28, 2024, 4:00 PM EDT - Market closed

Golar LNG Stock Forecast

Stock Price Forecast

The 2 analysts with 12-month price forecasts for Golar LNG stock have an average target of 30.5, with a low estimate of 27 and a high estimate of 34. The average target predicts an increase of 26.77% from the current stock price of 24.06.

Analyst Consensus: Buy
Target Low Average Median High
Price $27 $30.5 $34 $34
Change +12.22% +26.77% +41.31% +41.31%
* Price targets were last updated on Sep 25, 2023.

Analyst Ratings

The average analyst rating for Golar LNG stock from 3 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating Oct '23Nov '23Dec '23Jan '24Feb '24Mar '24
Strong Buy 333331
Buy 000000
Hold 222222
Sell 000000
Strong Sell 000000
Total 555553

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Citigroup
Citigroup
Hold
Initiates
$27
Hold Initiates $27 +12.22% Sep 25, 2023
Wolfe Research
Wolfe Research
Hold
Downgrades
n/a
Hold Downgrades n/a n/a Aug 16, 2023
Stifel
Stifel
Strong Buy
Reiterates
$34
Strong Buy Reiterates $34 +41.31% Jul 5, 2023
Stifel
Stifel
Strong Buy
Maintains
$35$34
Strong Buy Maintains $35$34 +41.31% Apr 24, 2023
Deutsche Bank
Deutsche Bank
Strong Buy
Maintains
$17$33
Strong Buy Maintains $17$33 +37.16% Nov 17, 2022
More Analyst Ratings

Financial Forecast

Revenue This Year
318.20M
from 267.74M
Increased by 18.85%
Revenue Next Year
432.89M
from 318.20M
Increased by 36.04%
EPS This Year
2.45
from 7.25
Decreased by -66.26%
EPS Next Year
1.80
from 2.45
Decreased by -26.31%
Year 20182019202020212022202320242025
Revenue
430.60M448.75M261.39M260.27M267.74M318.20M432.89M509.34M
Revenue Growth
200.00%4.21%-41.75%-0.43%2.87%18.85%36.04%17.66%
EPS
-2.30-2.11-2.803.787.252.451.801.88
EPS Growth
----91.80%-66.26%-26.31%4.53%
No. Analysts -----131310
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202320242025
High 509.3M 625.8M 668.9M
Avg 318.2M 432.9M 509.3M
Low 273.9M 310.7M 312.1M

Revenue Growth

Revenue Growth 202320242025
High
90.2%
96.7%
54.5%
Avg
18.8%
36.0%
17.7%
Low
2.3%
-2.4%
-27.9%

EPS Forecast

EPS 202320242025
High 2.89 2.54 2.56
Avg 2.45 1.80 1.88
Low 2.11 1.26 1.15

EPS Growth

EPS Growth 202320242025
High
-60.2%
3.9%
42.1%
Avg
-66.3%
-26.3%
4.5%
Low
-70.9%
-48.3%
-36.4%
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.