Analyst Consensus ?
ConsensusBuy30 ratings
Bullish1756.7%
Neutral1240.0%
Bearish13.3%
Venture Global, Inc. · VG · FY2025 Q4 · Calendar Q1 2026
Venture Global pairs strong LNG growth with execution risks
The call supports a constructive operating picture: rising LNG output, new contracts, and expansion plans improve growth visibility. The counterweight is execution and funding risk as the company scales projects and resolves arbitration.
Reported Before market openNYSEEnergy
$31.18B market cap
90quality score
Earnings scorecard
Reported versus consensus
Reported EPS
$0.41
Consensus $0.35
EPS surprise
+18.5%
Reported versus consensus
Reported revenue
$4.45B
Consensus $4.44B
Revenue surprise
+0.1%
Reported versus consensus
Market reaction
prior-close to event-session close
Stock move
+17.4%
Event window
SPY move
+0.1%
Same window
Abnormal move
+17.4%
Stock minus SPY
Volume
4.9×
Versus trailing sessions
Subsequent drift
+48.4%
Up to 20 sessions
VGSPY benchmark
Ask FN2 about VG FY2025 Q4
Transcript, numbers and history already loaded
Why did VG rise 17.4% after beating EPS estimates in FY2025 Q4?What changed in VG's guidance and outlook in FY2025 Q4?Give me the bull and bear case for VG after FY2025 Q4 earnings.
Free account. Your question opens in FN2 with this report's transcript and numbers attached.
Transcript intelligence
What changed
The company highlighted commercial operations at Calcasieu Pass, continued Plaquemines commissioning, additional long-term contracts, and a larger expansion program. The discussion also clarified that upcoming capex is expected to rely on project-level financing and retained earnings.
Guidance delta
Management guidance was maintained; no change to the stated outlook was indicated.
Key takeaways
- Management described a strong 2025 driven by Calcasieu Pass and the ramp-up of Plaquemines.
- New long-term contracts and contracted capacity support visibility, while expansion plans increase execution demands.
- The financing plan emphasizes project-level loans and retained earnings rather than additional parent equity.
Management priorities
- Ramp Plaquemines and complete CP2 Phase 2.
- Secure additional long-term and mid-term LNG contracts.
- Advance capacity expansions, shipping additions, regulatory approvals, and arbitration resolution.
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Try FN2 freeEarnings History
Estimate
Beat
Miss
Match
Analyst 52W Price Targets
$13.13Current
$8Low
$14.38Average
$22High
Latest persisted target per named analyst; persisted current price from FN2's market snapshot as of Oct 2, 2026. Not an FN2 forecast.
Firm-level rating actions
FMP grade actions identify the grading firm, not a named analyst.
| Firm | Rating | Prior rating | Action | Date |
|---|---|---|---|---|
| Scotiabank | Sector Perform | Sector Perform | Maintain | Sep 10, 2026 |
| Wells Fargo | Equal Weight | Equal Weight | Maintain | Aug 12, 2026 |
| Mizuho | Neutral | Neutral | Maintain | Jul 22, 2026 |
| JP Morgan | Overweight | Neutral | Upgrade | Jun 4, 2026 |
| Morgan Stanley | Overweight | Overweight | Maintain | May 13, 2026 |
| Citigroup | Buy | Neutral | Upgrade | May 13, 2026 |
| RBC Capital | Outperform | Outperform | Maintain | Apr 17, 2026 |
| UBS | Buy | Buy | Maintain | Mar 25, 2026 |
| Goldman Sachs | Buy | Buy | Maintain | Mar 24, 2026 |
| B of A Securities | Buy | Buy | Maintain | Mar 20, 2026 |
| Deutsche Bank | Buy | Hold | Upgrade | Aug 28, 2025 |
| Guggenheim | Buy | Buy | Maintain | Mar 10, 2025 |
| Craig-Hallum | Sell | Hold | Downgrade | Jun 10, 2022 |
| Keybanc | Equal Weight | Overweight | Downgrade | Nov 23, 2021 |
| Baird | Neutral | Outperform | Downgrade | Nov 23, 2021 |
| Colliers Securities | Neutral | Buy | Downgrade | Nov 22, 2021 |
| Barclays | Overweight | Overweight | Maintain | Oct 21, 2021 |
| Oppenheimer | Perform | Outperform | Downgrade | Oct 6, 2021 |
| Needham | Hold | Hold | Maintain | Jun 22, 2021 |
| Rosenblatt | Neutral | Neutral | Maintain | Nov 6, 2020 |
| Jefferies | Hold | Buy | Downgrade | Jun 9, 2020 |
| Citi | Buy | Buy | Maintain | Nov 7, 2019 |
| Stephens & Co. | Overweight | Overweight | Maintain | Jan 4, 2019 |
| FBN Securities | Perform | Outperform | Downgrade | Aug 10, 2017 |
| Summit Research Partners | Hold | Hold | Maintain | Mar 8, 2016 |
| Northland Securities | Outperform | Outperform | Maintain | Aug 21, 2015 |
| Canaccord Genuity | Buy | Buy | Maintain | Aug 10, 2015 |
| Dougherty | Buy | Buy | Maintain | Feb 3, 2014 |
| National Alliance | Buy | Buy | Maintain | Nov 15, 2013 |
| Sidoti & Co. | Buy | Buy | Maintain | Aug 13, 2013 |
Named analyst price targets
Upside is calculated against the persisted current price $13.13. FMP does not supply a rating on these named-analyst rows.
| Firm | Analyst | 52W target | Price when posted | Upside | Date |
|---|---|---|---|---|---|
| Wells Fargo | Analyst unavailable | $15 | $13.22 | +14.2% | Aug 12, 2026 |
| Mizuho Securities | Robert Mosca | $15 | $14.06 | +14.2% | Jul 22, 2026 |
| Bernstein | Sunaina Ocalan | $14 | $11.09 | +6.6% | Jun 16, 2026 |
| US Capital Advisors | Analyst unavailable | $13 | $12.23 | -1.0% | May 29, 2026 |
| Raymond James | Analyst unavailable | $16 | $14.59 | +21.9% | May 20, 2026 |
| Goldman Sachs | Analyst unavailable | $18 | $13 | +37.1% | May 14, 2026 |
| Morgan Stanley | Analyst unavailable | $22 | $13.93 | +67.6% | May 13, 2026 |
| Mizuho Securities | Analyst unavailable | $13 | $12 | -1.0% | May 7, 2026 |
| RBC Capital | Analyst unavailable | $16 | $11.4 | +21.9% | Apr 17, 2026 |
| RBC Capital | Elvira Scotto | $14 | $13.26 | +6.6% | Mar 13, 2026 |
| Raymond James | Justin Jenkins | $13 | $12.28 | -1.0% | Mar 5, 2026 |
| New Street | John Mackay | $15 | $11.48 | +14.2% | Mar 3, 2026 |
| Morgan Stanley | Devin McDermott | $8 | $9.43 | -39.1% | Feb 24, 2026 |
| Raymond James | Analyst unavailable | $11 | $9.8 | -16.2% | Feb 2, 2026 |
| RBC Capital | Elvira Scotto | $11 | $9.1 | -16.2% | Jan 28, 2026 |
| UBS | Analyst unavailable | $16 | $9.05 | +21.9% | Jan 22, 2026 |
| Scotiabank | Analyst unavailable | $9 | $8.34 | -31.5% | Jan 16, 2026 |
| Wells Fargo | Michael Blum | $8 | $6.13 | -39.1% | Dec 15, 2025 |
| Goldman Sachs | John Mackay | $17.5 | $8.31 | +33.3% | Nov 10, 2025 |
| Capital One Financial | Analyst unavailable | $11 | $8.11 | -16.2% | Nov 4, 2025 |
| Scotiabank | Analyst unavailable | $13 | $8.98 | -1.0% | Oct 17, 2025 |
| Mizuho Securities | Gabriel Moreen | $12 | $12.58 | -8.6% | Oct 10, 2025 |
| UBS | Manav Gupta | $18 | $13.35 | +37.1% | Aug 25, 2025 |
| Scotiabank | Brandon Bingham | $16 | $16.62 | +21.9% | Jul 15, 2025 |
| Wells Fargo | Michael Blum | $12 | $9.91 | -8.6% | May 14, 2025 |
| Goldman Sachs | Analyst unavailable | $20 | $9.23 | +52.3% | Mar 7, 2025 |
| Scotiabank | Analyst unavailable | $15 | $9.23 | +14.2% | Mar 7, 2025 |
| Deutsche Bank | Analyst unavailable | $19 | $15.96 | +44.7% | Feb 18, 2025 |
| Craig-Hallum | George Sutton | $14.5 | $18.86 | +10.4% | Jun 10, 2022 |
| Daiwa | Jonathan Kees | $12 | $13.1 | -8.6% | May 7, 2021 |
Track every rating change on VG the moment it posts. Free to start.
Start freeCompany context
Snapshot as of publicationVenture Global, Inc., a liquefied natural gas (LNG) company, engages in the ownership, development, construction, and operation of LNG production facilities and associated infrastructure in the U.S. Gulf Coast. The company is involved in LNG production, natural gas transportation, and regasification operations, as well as LNG sales and shipping business through LNG tankers. Its LNG projects include Calcasieu, Plaquemines, and CP2 projects. The company was founded in 2013 and is headquartered in Arlington, Virginia. Venture Global, Inc. operates as a subsidiary of Venture Global Partners II, LLC.
Historical context
All VG earningsLatest beats and misses
Who reports nextBeat on EPS
- ACNFY2026 Q4 · October 1, 2026+3.5% EPS+15.8% move
- MKCFY2026 Q3 · October 1, 2026+13.9% EPS-4.9% move
- NKEFY2027 Q1 · October 1, 2026+10.0% EPS-0.7% move
- CAGFY2027 Q1 · September 30, 2026+44.4% EPS-4.9% move
- FDSFY2026 Q4 · September 30, 2026+3.9% EPS+3.8% move
- JBLFY2026 Q4 · September 30, 2026+8.1% EPS-10.0% move
Get the VG recap when the next report posts
One email per quarter with the scorecard, the market reaction and what changed on the call. No account needed.
Sources
- Earnings call transcript and parsed analysis · 2026-05-11T10:29:34.698584+00:00
- FN2 earnings calendar · 2026-07-26T00:37:12.209961+00:00
- Polygon adjusted daily market bars · 2026-10-02T20:36:13.043333+00:00
- Financial Modeling Prep analyst price-target consensus and quote snapshot · 2026-10-02T20:36:13.040621+00:00
Methodology
Reported and consensus figures come from FN2's earnings event records. Market reaction and volume are calculated from daily adjusted bars around the event; abnormal move subtracts the SPY move over the same window.
Analyst target low, average, and high values are derived at request time from each named analyst's latest persisted FMP target. The current-price marker comes from FN2's persisted market snapshot. They are sell-side estimates, not an FN2 valuation or recommendation.
Transcript intelligence is a structured synthesis of the current and prior earnings-call analyses. Missing values stay missing and are never estimated.
By FN2 Research · Updated · As of 2026-10-02. For educational purposes only; not investment advice.