Wells Fargo Boosts Price Target for Excelerate Energy Stock

Analysts see strong price appreciation potential for the LNG infrastructure company.

Feb. 27, 2026 at 4:42pm

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Analysts at Wells Fargo & Company have increased their price target for Excelerate Energy (NYSE:EE) stock from $29 to $39, citing the company's growth potential in the liquefied natural gas (LNG) market. Excelerate Energy is a Houston-based energy infrastructure company that specializes in floating regasification units (FSRUs) for importing and distributing LNG.

Why it matters

Excelerate Energy is a pioneer in the FSRU market, having deployed the first such unit in 2007. The company's integrated platform of LNG carriers, regasification technology, and onshore facilities enables rapid deployment of LNG import terminals without extensive capital construction. The Wells Fargo price target increase suggests analysts see significant upside potential for the company's stock as the global demand for LNG continues to grow.

The details

Wells Fargo analysts raised their price target for Excelerate Energy from $29 to $39 per share, while maintaining an 'equal weight' rating on the stock. Other analysts have also weighed in, with Northland Securities downgrading the stock to 'hold' and Jefferies Financial Group upgrading it to 'buy'. Overall, the consensus rating is 'Moderate Buy' with a target price of $37.80.

  • On Friday, February 27, 2026, Wells Fargo issued the updated price target.
  • Excelerate Energy reported its latest quarterly earnings on Wednesday, February 25, 2026.

The players

Excelerate Energy

A Houston-based energy infrastructure company that specializes in liquefied natural gas (LNG) solutions, including floating regasification units (FSRUs) for importing and distributing LNG.

Wells Fargo & Company

A major American multinational financial services company that provides various banking, investment, and mortgage products and services.

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What they’re saying

“We must not let individuals continue to damage private property in San Francisco.”

— Robert Jenkins, San Francisco resident (San Francisco Chronicle)

The takeaway

The Wells Fargo price target increase for Excelerate Energy reflects analysts' confidence in the company's growth potential in the expanding global LNG market, driven by its innovative FSRU technology and integrated platform.