Golar LNG (GLNG) Stock Forecast, Price Target & Predictions
GLNG Stock Forecast
Golar LNG stock forecast is as follows: an average price target of $49.63 (represents a 48.33% upside from GLNG’s last price of $33.46) and a rating consensus of 'Buy', based on 5 wall street analysts offering a 1-year stock forecast.
GLNG Price Target
The average price target for Golar LNG (GLNG) is $49.63 based on 1-year price targets from 5 Wall Street analysts in the past 3 months, with a price target range of $56.00 to $44.50. This represents a potential 48.33% upside from GLNG's last price of $33.46.
GLNG Analyst Ratings
According to 5 Wall Street analysts, Golar LNG's rating consensus is 'Buy'. The analyst rating breakdown for GLNG stock is 0 'Strong Buy' (0.00%), 5 'Buy' (100.00%), 0 'Hold' (0.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Golar LNG Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Aug 16, 2024 | Benjamin Nolan | Stifel Nicolaus | $53.00 | $33.26 | 59.35% | 58.40% |
| Aug 16, 2024 | Chris Robertson | Deutsche Bank | $56.00 | $33.26 | 68.37% | 67.36% |
| Jul 19, 2024 | Liam Burke | B.Riley Financial | $44.50 | $34.18 | 30.19% | 32.99% |
| Jun 25, 2024 | Gregory Lewis | BTIG | $45.00 | $30.47 | 47.69% | 34.49% |
| Jun 24, 2024 | Benjamin Nolan | Stifel Nicolaus | $55.00 | $30.20 | 82.12% | 64.38% |
| May 28, 2024 | Benjamin Nolan | Stifel Nicolaus | $34.00 | $26.03 | 30.62% | 1.61% |
| Nov 16, 2022 | Benjamin Nolan | Stifel Nicolaus | $35.00 | $24.36 | 43.68% | 4.60% |
The latest Golar LNG stock forecast, released on Aug 16, 2024 by Benjamin Nolan from Stifel Nicolaus, set a price target of $53.00, which represents a 59.35% increase from the stock price at the time of the forecast ($33.26), and a 58.40% increase from GLNG last price ($33.46).
Golar LNG Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 5 | 6 |
| Avg Price Target | - | $50.70 | $47.92 |
| Last Closing Price | $33.46 | $33.46 | $33.46 |
| Upside/Downside | -100.00% | 51.52% | 43.22% |
In the current month, the average price target of Golar LNG stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Golar LNG's last price of $33.46. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Aug 16, 2024 | Deutsche Bank | Buy | Buy | Hold |
| Jul 19, 2024 | B. Riley | Buy | Buy | Hold |
| Jun 25, 2024 | BTIG | Buy | Buy | Hold |
| May 29, 2024 | BTIG | Buy | Buy | Hold |
| May 29, 2024 | Deutsche Bank | Buy | Buy | Hold |
| Sep 29, 2022 | Bank of America Securities | - | Buy | Upgrade |
| Feb 24, 2022 | Jefferies | Buy | Buy | Hold |
Golar LNG's last stock rating was published by Deutsche Bank on Aug 16, 2024. The company gave GLNG a "Buy" rating, the same as its previous rate.
Golar LNG Financial Forecast
Golar LNG Revenue Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | $73.97M | $58.95M | $68.63M | $60.48M | $79.69M | $72.41M | $106.60M | $104.29M | $125.83M | $118.68M | $95.15M | $102.24M | $122.56M | $139.05M | $102.24M | $96.75M | $114.29M | $181.94M | $123.10M |
| Avg Forecast | $141.75M | $139.57M | $139.07M | $106.65M | $85.11M | $76.89M | $71.19M | $71.90M | $72.24M | $66.58M | $64.58M | $68.55M | $68.21M | $69.74M | $81.24M | $105.86M | $113.24M | $101.43M | $104.45M | $110.19M | $106.52M | $88.29M | $95.25M | $117.76M | $133.65M | $103.27M | $95.71M | $106.24M | $63.47M | $30.09M |
| High Forecast | $171.14M | $168.49M | $167.90M | $128.75M | $102.76M | $83.75M | $85.94M | $86.80M | $95.13M | $80.38M | $77.97M | $82.76M | $82.34M | $84.19M | $81.24M | $124.49M | $133.16M | $119.27M | $122.83M | $129.57M | $125.25M | $103.82M | $112.00M | $138.48M | $157.16M | $121.44M | $112.55M | $124.93M | $76.16M | $36.11M |
| Low Forecast | $120.38M | $118.52M | $118.11M | $90.57M | $72.28M | $70.84M | $60.45M | $61.06M | $58.13M | $56.55M | $54.85M | $58.22M | $57.92M | $59.22M | $81.24M | $85.51M | $91.46M | $81.92M | $84.37M | $89.00M | $86.03M | $71.31M | $76.93M | $95.12M | $107.95M | $83.41M | $77.31M | $85.81M | $50.77M | $24.07M |
| # Analysts | 2 | 1 | 1 | 2 | 3 | 4 | 2 | 3 | 4 | 2 | 2 | 3 | 2 | 1 | 1 | 1 | 2 | 2 | 2 | 9 | 10 | 16 | 9 | 10 | 8 | 8 | 11 | 8 | 18 | 10 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | 1.08% | 0.86% | 0.98% | 0.74% | 0.75% | 0.64% | 1.05% | 1.00% | 1.14% | 1.11% | 1.08% | 1.07% | 1.04% | 1.04% | 0.99% | 1.01% | 1.08% | 2.87% | 4.09% |
Golar LNG's average Quarter revenue forecast for Jun 23 based on 2 analysts is $64.58M, with a low forecast of $54.85M, and a high forecast of $77.97M. GLNG's average Quarter revenue forecast represents a -12.69% decrease compared to the company's last Quarter revenue of $73.97M (Mar 23).
Golar LNG EBITDA Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 1 | 1 | 2 | 3 | 4 | 2 | 3 | 4 | 2 | 2 | 3 | 2 | 1 | 1 | 1 | 2 | 2 | 2 | 9 | 10 | 16 | 9 | 10 | 8 | 8 | 11 | 8 | 18 | 10 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | $100.77M | $16.05M | $31.18M | $40.89M | $55.23M | $46.68M | $-50.55M | $512.55M | $65.97M | $50.55M | $21.38M | $-111.46M | $-55.77M | $79.49M | $-111.46M | $-60.01M | $15.98M | $-252.78M | $130.14M |
| Avg Forecast | $56.89M | $56.01M | $55.81M | $42.80M | $34.16M | $30.85M | $28.57M | $28.85M | $28.99M | $26.72M | $25.92M | $27.51M | $27.37M | $-93.84M | $32.60M | $42.48M | $45.44M | $-85.30M | $41.92M | $44.22M | $38.55M | $13.97M | $-58.14M | $-3.13B | $31.84M | $-49.55M | $-93.27M | $-26.70M | $-286.51M | $12.08M |
| High Forecast | $68.68M | $67.62M | $67.38M | $51.67M | $41.24M | $33.61M | $34.49M | $34.83M | $38.17M | $32.26M | $31.29M | $33.21M | $33.05M | $-75.07M | $32.60M | $49.96M | $53.44M | $-68.24M | $49.29M | $52.00M | $46.26M | $16.76M | $-46.51M | $-2.50B | $38.20M | $-39.64M | $-74.62M | $-21.36M | $-229.21M | $14.49M |
| Low Forecast | $48.31M | $47.56M | $47.40M | $36.35M | $29.01M | $28.43M | $24.26M | $24.50M | $23.33M | $22.69M | $22.01M | $23.36M | $23.25M | $-112.60M | $32.60M | $34.31M | $36.70M | $-102.37M | $33.86M | $35.72M | $30.84M | $11.17M | $-69.77M | $-3.75B | $25.47M | $-59.46M | $-111.92M | $-32.03M | $-343.81M | $9.66M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | 3.66% | 0.59% | -0.33% | 1.25% | 1.30% | 1.03% | 0.59% | 12.23% | 1.49% | 1.31% | 1.53% | 1.92% | 0.02% | 2.50% | 2.25% | 0.64% | -0.60% | 0.88% | 10.78% |
2 analysts predict GLNG's average Quarter EBITDA for Jun 23 to be $25.92M, with a high of $31.29M and a low of $22.01M. This is -74.28% lower than Golar LNG's previous annual EBITDA (Mar 23) of $100.77M.
Golar LNG Net Income Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 1 | 1 | 2 | 3 | 4 | 2 | 3 | 4 | 2 | 2 | 3 | 2 | 1 | 1 | 1 | 2 | 2 | 2 | 9 | 10 | 16 | 9 | 10 | 8 | 8 | 11 | 8 | 18 | 10 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | $-94.04M | $71.44M | $141.12M | $155.60M | $620.30M | $22.88M | $-90.95M | $471.43M | $25.36M | $8.13M | $-21.80M | $-155.63M | $-104.25M | $24.77M | $-155.63M | $-112.68M | $-41.74M | $-312.96M | $66.21M |
| Avg Forecast | $56.06M | $55.56M | $55.16M | $42.66M | $47.65M | $44.16M | $44.17M | $736.14M | $54.05M | $53.23M | $51.16M | $669.22M | $54.18M | $-168.84M | $22.57M | $608.38M | $11.42M | $-153.49M | $434.92M | $82.18M | $7.03M | $-14.24M | $-64.20M | $-2.16B | $27.24M | $-43.45M | $-87.24M | $-24.45M | $-271.23M | $124.60M |
| High Forecast | $71.17M | $70.53M | $70.02M | $54.15M | $60.49M | $51.19M | $56.08M | $883.37M | $57.29M | $67.58M | $64.95M | $803.07M | $68.78M | $-135.07M | $22.57M | $730.06M | $14.03M | $-122.79M | $521.91M | $98.62M | $8.43M | $-11.39M | $-51.36M | $-1.73B | $32.69M | $-34.76M | $-69.79M | $-19.56M | $-216.98M | $149.52M |
| Low Forecast | $45.08M | $44.67M | $44.35M | $34.30M | $38.31M | $33.12M | $35.52M | $588.92M | $50.80M | $42.80M | $41.13M | $535.38M | $43.56M | $-202.60M | $22.57M | $486.71M | $8.57M | $-184.18M | $347.94M | $65.74M | $5.62M | $-17.09M | $-77.04M | $-2.59B | $21.80M | $-52.15M | $-104.69M | $-29.35M | $-325.48M | $99.68M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | -0.14% | 1.32% | -0.84% | 6.89% | 1.02% | 2.00% | 0.59% | 1.08% | 0.31% | 1.16% | 1.53% | 2.42% | 0.05% | 0.91% | 3.58% | 1.29% | 1.71% | 1.15% | 0.53% |
Golar LNG's average Quarter net income forecast for Mar 23 is $669.22M, with a range of $535.38M to $803.07M. GLNG's average Quarter net income forecast represents a 836.79% increase compared to the company's last Quarter net income of $71.44M (Dec 22).
Golar LNG SG&A Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 1 | 1 | 2 | 3 | 4 | 2 | 3 | 4 | 2 | 2 | 3 | 2 | 1 | 1 | 1 | 2 | 2 | 2 | 9 | 10 | 16 | 9 | 10 | 8 | 8 | 11 | 8 | 18 | 10 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | $28.46M | $7.59M | $6.89M | $12.68M | $10.94M | $10.12M | $9.90M | $9.33M | $10.03M | $11.37M | $9.16M | $9.84M | $13.83M | $14.87M | $9.84M | $14.04M | $15.13M | $17.40M | $20.52M |
| Avg Forecast | $16.05M | $15.81M | $15.75M | $12.08M | $9.64M | $8.71M | $8.06M | $23.33M | $8.18M | $7.54M | $7.31M | $21.21M | $7.72M | $18.38M | $9.20M | $19.28M | $12.82M | $16.71M | $8.61M | $32.50M | $6.42M | $5.98M | $3.33M | $13.34M | $11.66M | $4.66M | $13.16M | $2.51M | $3.43M | $-5.16M |
| High Forecast | $19.38M | $19.08M | $19.02M | $14.58M | $11.64M | $9.49M | $9.73M | $28.00M | $10.77M | $9.10M | $8.83M | $25.45M | $9.33M | $22.06M | $9.20M | $23.14M | $15.08M | $20.06M | $10.33M | $39.00M | $7.71M | $7.18M | $3.99M | $15.68M | $13.99M | $5.59M | $15.79M | $3.01M | $4.12M | $-4.13M |
| Low Forecast | $13.63M | $13.42M | $13.38M | $10.26M | $8.19M | $8.02M | $6.85M | $18.66M | $6.58M | $6.40M | $6.21M | $16.97M | $6.56M | $14.71M | $9.20M | $15.43M | $10.36M | $13.37M | $6.89M | $26.00M | $5.14M | $4.78M | $2.66M | $10.77M | $9.33M | $3.73M | $10.53M | $2.01M | $2.74M | $-6.20M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | 1.34% | 0.98% | 0.37% | 1.38% | 0.57% | 0.79% | 0.59% | 1.08% | 0.31% | 1.77% | 1.53% | 2.96% | 1.04% | 1.28% | 2.11% | 1.07% | 6.03% | 5.07% | -3.97% |
Golar LNG's average Quarter SG&A projection for Jun 23 is $7.31M, based on 2 Wall Street analysts, with a range of $6.21M to $8.83M. The forecast indicates a -74.30% fall compared to GLNG last annual SG&A of $28.46M (Mar 23).
Golar LNG EPS Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 1 | 1 | 2 | 3 | 4 | 2 | 3 | 4 | 2 | 2 | 3 | 2 | 1 | 1 | 1 | 2 | 2 | 2 | 9 | 10 | 16 | 9 | 10 | 8 | 8 | 11 | 8 | 18 | 10 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | $-0.88 | $0.66 | $1.30 | $1.44 | $5.74 | $0.21 | $-0.83 | $4.29 | $0.23 | $0.09 | $-0.22 | $-1.59 | $-1.06 | $0.24 | $-1.54 | $-1.12 | $-0.41 | $-3.09 | $0.66 |
| Avg Forecast | $0.54 | $0.53 | $0.53 | $0.41 | $0.46 | $0.42 | $0.42 | $0.40 | $0.52 | $0.51 | $0.49 | $0.66 | $0.52 | $0.35 | $0.22 | $0.23 | $0.11 | $-0.04 | $0.04 | $0.06 | $0.08 | $-0.15 | $-0.14 | $-0.04 | $0.06 | $-0.25 | $-0.31 | $-0.21 | $0.13 | $-0.21 |
| High Forecast | $0.68 | $0.67 | $0.67 | $0.52 | $0.58 | $0.49 | $0.54 | $0.50 | $0.55 | $0.65 | $0.62 | $0.83 | $0.66 | $0.44 | $0.22 | $0.28 | $0.13 | $-0.03 | $0.05 | $0.07 | $0.10 | $-0.11 | $-0.11 | $-0.03 | $0.08 | $-0.19 | $-0.23 | $-0.16 | $0.16 | $-0.17 |
| Low Forecast | $0.43 | $0.43 | $0.42 | $0.33 | $0.37 | $0.32 | $0.34 | $0.32 | $0.49 | $0.41 | $0.39 | $0.53 | $0.42 | $0.28 | $0.22 | $0.17 | $0.08 | $-0.05 | $0.03 | $0.04 | $0.06 | $-0.18 | $-0.18 | $-0.05 | $0.05 | $-0.31 | $-0.38 | $-0.26 | $0.10 | $-0.25 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | -1.34% | 1.27% | 3.73% | 6.67% | 24.94% | 1.91% | 21.71% | 105.40% | 4.15% | 1.06% | 1.50% | 11.12% | 25.20% | 3.82% | 6.14% | 3.68% | 1.95% | -23.76% | -3.13% |
According to 3 Wall Street analysts, Golar LNG's projected average Quarter EPS for Mar 23 is $0.66, with a low estimate of $0.53 and a high estimate of $0.83. This represents a -0.48% decrease compared to GLNG previous annual EPS of $0.66 (Dec 22).
Golar LNG Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| DHT | DHT | $11.19 | $17.13 | 53.08% | Buy |
| GLNG | Golar LNG | $33.46 | $49.63 | 48.33% | Buy |
| NVGS | Navigator | $15.94 | $22.00 | 38.02% | Buy |
| TNK | Teekay Tankers | $56.15 | $76.00 | 35.35% | Buy |
| EURN | Euronav NV | $16.74 | $21.00 | 25.45% | Hold |
| TRMD | TORM | $36.05 | $45.00 | 24.83% | Buy |
| FRO | Frontline | $23.23 | $28.00 | 20.53% | Buy |
| LPG | Dorian LPG | $35.62 | $40.67 | 14.18% | Buy |
| STNG | Scorpio Tankers | $69.56 | $72.50 | 4.23% | Buy |
| LNG | Cheniere Energy | $180.79 | $171.42 | -5.18% | Buy |
| FLNG | FLEX LNG | $26.60 | $24.00 | -9.77% | Buy |
GLNG Forecast FAQ
Is Golar LNG a good buy?
Yes, according to 5 Wall Street analysts, Golar LNG (GLNG) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 5 'Buy' recommendations, accounting for 100.00% of GLNG's total ratings.
What is GLNG's price target?
Golar LNG (GLNG) average price target is $49.63 with a range of $44.5 to $56, implying a 48.33% from its last price of $33.46. The data is based on 5 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Golar LNG stock go up soon?
According to Wall Street analysts' prediction for GLNG stock, the company can go up by 48.33% (from the last price of $33.46 to the average price target of $49.63), up by 67.36% based on the highest stock price target, and up by 32.99% based on the lowest stock price target.
Can Golar LNG stock reach $50?
GLNG's highest twelve months analyst stock price target of $56 supports the claim that Golar LNG can reach $50 in the near future.
What are Golar LNG's analysts' financial forecasts?
Golar LNG's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $305.08M (high $359.25M, low $264.64M), average EBITDA is $122.43M (high $144.17M, low $106.2M), average net income is $872.13M (high $1.05B, low $695.86M), average SG&A $49.74M (high $58.85M, low $41.72M), and average EPS is $1.7 (high $2.11, low $1.34). GLNG's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $527.04M (high $636.28M, low $447.58M), average EBITDA is $211.51M (high $255.35M, low $179.62M), average net income is $209.44M (high $265.87M, low $168.39M), average SG&A $59.69M (high $72.06M, low $50.69M), and average EPS is $2 (high $2.54, low $1.61).
Did the GLNG's actual financial results beat the analysts' financial forecasts?
Based on Golar LNG's last annual report (Dec 2022), the company's revenue was $267.74M, which missed the average analysts forecast of $325.05M by -17.63%. Apple's EBITDA was $143.36M, beating the average prediction of $8.62M by 1562.70%. The company's net income was $787.77M, beating the average estimation of $516.29M by 52.58%. Apple's SG&A was $38.1M, missing the average forecast of $54.59M by -30.21%. Lastly, the company's EPS was $7.3, beating the average prediction of $1.31 by 456.06%. In terms of the last quarterly report (Mar 2023), Golar LNG's revenue was $73.97M, beating the average analysts' forecast of $68.55M by 7.90%. The company's EBITDA was $100.77M, beating the average prediction of $27.51M by 266.28%. Golar LNG's net income was $-94.039M, missing the average estimation of $669.22M by -114.05%. The company's SG&A was $28.46M, beating the average forecast of $21.21M by 34.20%. Lastly, the company's EPS was $-0.88, missing the average prediction of $0.657 by -233.97%