Nextdecade Corp (NEXT)
NASDAQ:NEXT
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NEXT Stock Chart & Stats
$6.84
$0.10(1.30%)
At close: 4:00 PM EST
$6.84
$0.10(1.30%)
Day’s Range― - ―
52-Week Range$4.75 - $12.12
Previous CloseN/A
Volume495.49K
Average Volume (3M)2.85M
Market Cap
$1.97B
Enterprise Value$11.08B
Total Cash (Recent Filing)$465.06M
Total Debt (Recent Filing)$9.47B
Price to Earnings (P/E)―
Beta0.79
Next Earnings
Mar 08, 2027EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-1.34
Shares Outstanding264,992,980
10 Day Avg. Volume2,796,656
30 Day Avg. Volume2,849,378
Financial Highlights & Ratios
PEG Ratio-0.01
Price to Book (P/B)14.49
Price to Sales (P/S)0.00
P/FCF Ratio-0.28
Enterprise Value/Market Cap5.62
Enterprise Value/RevenueN/A
Enterprise Value/Gross Profit-922.70
Enterprise Value/Ebitda-43.35
Forecast
1Y Price Target
$9.00Price Target Upside31.58% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
EPS Forecast (FY)-2.16
Revenue Forecast (FY)N/A
Bulls Say, Bears Say
Bulls Say
Project ExecutionSustained ahead‑of‑schedule construction and on‑budget performance indicate operational execution capability, lowering the probability of major cost overruns or long delays. This durable competency improves likelihood of timely commissioning, earlier revenue generation and stronger credibility with lenders and counterparties.
Commercial Pre‑salesMaterial forward sales provide contracted fee revenue and partially de‑risk early cash flows during ramp‑up. Locked fees on a meaningful portion of early volumes protect margin realization and reduce reliance on volatile spot markets, supporting more predictable near‑term distributable cash generation.
Accessible Project FinancingRobust, structured credit commitments and incremental holdco financing materially improve the probability projects can be completed without disruptive funding gaps. Layered project debt and targeted refinancing options enhance capital availability and reduce execution financing risk over the multi‑year buildout horizon.
Bears Say
Weak Financial ProfilePersistently zero revenue with large, growing operating and free cash deficits forces continuous external funding to sustain construction and operations. Elevated debt and negative equity reduce financial flexibility, increase refinancing vulnerability, and amplify downside if project schedules or margins slip.
Uncontracted Early VolumesA substantial portion of initial output lacks long‑term SPAs, exposing early cash flows to merchant price volatility. During commissioning and ramp‑up, spot market reliance can compress margins and cash generation, undermining near‑term distributable cash assumptions and complicating debt service metrics.
Train 6 Funding And Cost RiskTargeting incremental FIDs prior to material operating cash flow requires meaningful equity or project‑level structuring, risking dilution or weakened per‑share economics. Combined with inflation and rate pressure, input cost uncertainty can raise capital needs and compress long‑term distributable cash unless managed through contracting or hedging.
NextDecade News
NEXT FAQ
What was Nextdecade Corp’s price range in the past 12 months?
Nextdecade Corp lowest stock price was $4.75 and its highest was $12.12 in the past 12 months.
What is Nextdecade Corp’s market cap?
Nextdecade Corp’s market cap is $1.97B.
When is Nextdecade Corp’s upcoming earnings report date?
Nextdecade Corp’s upcoming earnings report date is Mar 08, 2027 which is in 255 days.
How were Nextdecade Corp’s earnings last quarter?
Nextdecade Corp released its earnings results on May 01, 2026. The company reported -$0.51 earnings per share for the quarter, beating the consensus estimate of -$0.659 by $0.149.
Is Nextdecade Corp overvalued?
According to Wall Street analysts Nextdecade Corp’s price is currently Undervalued.
Does Nextdecade Corp pay dividends?
Nextdecade Corp does not currently pay dividends.
What is Nextdecade Corp’s EPS estimate?
Nextdecade Corp’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Nextdecade Corp have?
Nextdecade Corp has 264,992,980 shares outstanding.
What happened to Nextdecade Corp’s price movement after its last earnings report?
Nextdecade Corp reported an EPS of -$0.51 in its last earnings report, beating expectations of -$0.659. Following the earnings report the stock price went same 0%.
Which hedge fund is a major shareholder of Nextdecade Corp?
Currently, no hedge funds are holding shares in NEXT
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
NextDecade Stock Smart Score
Neutral
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Analyst Consensus
Moderate Buy
Average Price Target:
$9.00 (31.58% Upside)
$9.00 (31.58% Upside)
Blogger Sentiment
Bullish
NEXT Sentiment 70%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Decreased
By 377.3K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Bought Shares
Worth $505.5K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Positive
Last 7 Days ▼ 1.0%
Last 30 Days ▲ 2.8%
Last 30 Days ▲ 2.8%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
-22.17%
12-Months-Change
Fundamentals
Return on Equity
-295.28%
Trailing 12-Months
Asset Growth
91.94%
Trailing 12-Months
Company Description
Nextdecade Corp
NextDecade Corporation, an energy company, engages in the construction and development activities related to the liquefaction of natural gas in the United States. The company constructs and develops natural gas liquefaction and export facilities located in the Rio Grande Valley near Brownsville, Texas; and a carbon capture and storage project at the Rio Grande LNG Facility. It is also involved in the sale of LNG. NextDecade Corporation was founded in 2010 and is based in Houston, Texas.
NEXT Company Deck
NEXT Earnings Call
Q1 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call conveyed strong operational and commercial progress: Phase 1 construction is advancing ahead of schedule and on budget with exemplary safety; early cargo sales and robust market demand (amplified by Middle East disruptions) support attractive early and steady-state cash flow scenarios. Management reaffirmed guidance and presented clear financing and commercialization plans for Train 6+. Key risks noted include short-term market volatility from the Iran conflict, remaining uncontracted early volumes, and cost/financing uncertainty for future trains. Overall, the positives around schedule, safety, early sales, and robust long-term demand outweighed the challenges discussed.View all NEXT earnings summariesNEXT Stock 12 Month Forecast
Average Price Target
$9.00
▲(31.58% Upside)
Technical Analysis
Ownership Overview
24.60% Insiders
8.91% Mutual Funds
19.19% Other Institutional Investors
38.73% Public Companies and
Individual Investors