Excelerate Energy

EE · NYSE

$32.74+$0.10 (+0.31%)TodayMarket closed · Oct 20, 7:30 PM ET

Prev close $32.64

EE analyst rating

BuyConsensus of 9 analysts over the last 12 months. 67% rate it a buy.

Strong buy1
Buy5
Hold3
Underperform0
Sell0

12-month price target · 16 analysts

Average $44.54 (+36.0% upside)

Low: $38.38
Now: $32.74
High: $52.50

Upgrades and downgrades

The latest rating actions, newest first

EE analyst upgrades, downgrades and rating actions
Firm	Date	Action	Rating	Price target	Hit rate
Wells Fargo	Aug 12, 2026	Maintains	Equal-Weight	$37.00 → $38.00	44%
Barclays	Aug 11, 2026	Maintains	Overweight	$41.00 → $43.00	71%
Goldman Sachs	Jul 16, 2026	Initiates	Neutral → Buy	$49.00	0%
Stephens & Co.	Jul 9, 2026	Maintains	Overweight	$45.00	49%
Wells Fargo	May 8, 2026	Maintains	Equal-Weight	$39.00 → $37.00	62%
Morgan Stanley	Apr 21, 2026	Maintains	Equal-Weight	$41.00 → $40.00	66%
Barclays	Mar 2, 2026	Maintains	Overweight	$33.00 → $41.00	58%
Wells Fargo	Feb 27, 2026	Maintains	Equal-Weight	$29.00 → $39.00	62%
Morgan Stanley	Feb 24, 2026	Maintains	Equal-Weight	$30.00 → $40.00	66%
Jefferies	Jan 20, 2026	Maintains	Buy	$37.00 → $40.00	33%

The case for and against

Updated Jun 5, 2025

Bull case

Excelerate Energy Inc has demonstrated significant stock performance, with shares appreciating approximately 100% year-to-date, attributed to enhanced clarity on capital deployment and a more accurate representation of the financials, reflecting the resilient fixed-fee EBITDA generation of the business. The company reported adjusted EBITDAX of $92 million, maintaining quarter-over-quarter stability while achieving a year-over-year increase of 29%, surpassing consensus expectations, which underscores its robust operational efficiency. With a considerable growth potential driven by its focus on LNG imports and a substantial cash reserve exceeding $900 million, Excelerate is well-positioned to bolster its annual EBITDA to $400 million following upcoming infrastructure developments and supply agreements.

Bear case

Excelerate Energy Inc. faces several challenges that contribute to a negative outlook for its stock. The company’s initial 2025 EBITDA guidance is relatively unchanged year-over-year, despite capital expenditures being considerably elevated, suggesting potential strains on profitability and cash flow management. Additionally, risks related to vessel value declines, project development delays, political opposition to infrastructure, and competitive pressures further exacerbate concerns about the company's financial stability and operational performance.

Information on this page is provided for informational purposes only and is not a recommendation to buy, sell or hold any security. Investing involves risk, including possible loss of principal. Market data is delayed at least 15 minutes and is provided without warranty. Analyst ratings, price targets and company data come from third-party sources. Past performance does not guarantee future results.