
FLNG Stock Forecast & Price Target
FLNG Analyst Ratings
Bulls say
Flex LNG Ltd boasts a robust revenue backlog for its young LNG carrier fleet, extending 56 years with potential for growth up to 85 years, which underpins its ongoing dividend payments. The company reported a cash balance of $413 million at the end of the second quarter, indicating a slight increase from the previous quarter's $410 million, reflecting overall financial stability. Additionally, with a healthy net loan-to-value (LTV) ratio of 54.1% and a substantial revenue backlog estimated at $1.6 billion, Flex LNG is well-positioned for future growth and operational sustainability.
Bears say
Flex LNG reported slightly above expectations in their second-quarter earnings, with an adjusted EPS of $0.46, surpassing both the estimate of $0.45 and the consensus of $0.39. Despite this marginal beat, the company operates in a highly competitive LNG shipping market that can pressure margins and impact future profitability. Additionally, the reliance on a fleet of modern ships, while advantageous in terms of fuel efficiency, does not inherently mitigate broader market risks such as fluctuating demand and changing regulatory environments, which could hinder long-term financial performance.
This aggregate rating is based on analysts' research of Flex Lng Ltd and is not a guaranteed prediction by Public.com or investment advice.
FLNG Analyst Forecast & Price Prediction
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