LNG
Wall Street’s still got a crush on LNG
Jefferies is back with another upgrade-adjacent pep talk for Cheniere Energy, nudging its price target to $84 from $78 while keeping a Buy rating in place. In plain English: the firm thinks the LNG story still has gas in the tank, even if the stock has already ripped 35.5% year to date and is sitting at a hefty $262.74.
Why the optimism?
The bull case is basically: earnings can keep compounding and the company’s growth machine isn’t done yet. Jefferies sees 8.6% EPS CAGR and is still modeling fiscal 2026 EPS of $3.42, even after a first-quarter weather headwind. The firm also pointed to upside tied to a 2–4 gigawatt data center pipeline and said incremental deals could keep boosting capital spending.
The fine print investors care about
This isn’t the kind of note that changes the whole Cheniere story overnight. But it does matter because:
- Wall Street continues to see strong earnings power in LNG
- The company is still benefiting from its role as a major U.S. LNG exporter
- The stock’s valuation looks stretched-ish only if you ignore the growth story, which — annoyingly for bears — is kind of the point here
Big picture
Cheniere is one of those names that keeps turning into a “yes, but…” debate: yes, it’s already up a lot; but yes, analysts still think the runway is there. For you, that means the easy money may be gone, but Wall Street is still treating LNG like a premium growth story rather than a sleepy utility in a hard hat.