FTAI Infrastructure (NASDAQ:FIP) Stock Breaks Above 50-Day Moving Average Following Weak Earnings
Written by MarketBeat
November 5, 2026
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FTAI Infrastructure Inc. ( NASDAQ:FIP - Get Free Report ) crossed above its 50 day moving average during trading on Thursday following a stronger than expected earnings report. The stock has a 50 day moving average of $2.89 and traded as high as $3.15. FTAI Infrastructure shares last traded at $2.94, with a volume of 2,598,016 shares.
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The company reported ($1.27) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.55) by ($0.72). The firm had revenue of $218.97 million during the quarter, compared to the consensus estimate of $195.03 million.
Analyst Ratings Changes
Several brokerages have issued reports on FIP. Jefferies Financial Group set a $10.00 price target on FTAI Infrastructure in a research note on Tuesday, September 29th. Citigroup reaffirmed a "market outperform" rating on shares of FTAI Infrastructure in a research report on Tuesday, September...