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)3.06M
Market Cap
$2.19B
Enterprise Value$11.11B
Total Cash (Recent Filing)$465.06M
Total Debt (Recent Filing)$9.47B
Price to Earnings (P/E)―
Beta0.88
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. Volume2,571,345
30 Day Avg. Volume3,061,521
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 Cap5.07
Enterprise Value/RevenueN/A
Enterprise Value/Gross Profit-925.13
Enterprise Value/Ebitda-43.46
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
Strong Construction Progress And On‑budget ExecutionMaterial construction progress across Trains 1–3 and on‑budget tracking reduces schedule and cost risk for first gas/LNG timing. That improves the likelihood of transitioning to revenue generation on the stated H2 2026 / H1 2027 timetable, which is pivotal for long‑term cash flow visibility.
Early Cargo Sales Reduce Ramp‑up Market ExposureContracting a meaningful portion of early volumes with fixed fees provides durable cash‑flow protection during commissioning and ramp. This lowers merchant exposure for initial production, improving predictable distributable cash flow and strengthening the commercial foundation for financing and operations.
Substantial Project Financing Commitments And Refinancing ProgressLarge committed project facilities and executed refinancings materially lower funding execution risk for Phase 1 and provide flexibility to bridge capital needs. Demonstrated lender support and a FinCo structure improve probability of completing near‑term buildout and funding staged expansion.
Bears Say
Very High Leverage And Slightly Negative EquityElevated debt with weakened/negative equity constrains financial flexibility and raises refinancing and covenant risks during construction. High leverage limits capacity to withstand cost overruns or weaker-than-expected margins and makes future equity/dilution decisions more acute for long‑term strategy.
Persistent Negative Operating And Free Cash Flow (heavy Cash Burn)Sustained negative operating cash flow and very large free cash deficits reflect heavy project capex and pre‑commercial status, forcing ongoing dependence on external financing. This elevates execution and market‑access risk and narrows the margin for schedule or cost setbacks over the next 2–6 months.
Uncontracted Early Volumes And Equity Need For Train 6A material portion of early Phase 1 (~1,275 TBtu) remains uncontracted and management expects Train 6 decisions before significant operating cash flow. That combination leaves the company exposed to merchant margin risk and forces equity or dilutive alternatives to fund growth, impacting long‑term per‑share economics.
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 $2.19B.
When is Nextdecade Corp’s upcoming earnings report date?
Nextdecade Corp’s upcoming earnings report date is Mar 08, 2027 which is in 277 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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10
Analyst Consensus
Moderate Buy
Average Price Target:
$9.00 (31.58% Upside)
$9.00 (31.58% Upside)
Blogger Sentiment
Neutral
NEXT Sentiment 50%
Sector Average 72%
Sector Average 72%
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
Very Negative
Last 7 Days ▼ 1.3%
Last 30 Days ▼ 6.8%
Last 30 Days ▼ 6.8%
News Sentiment
Neutral
Bullish news 59%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
2.67%
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 engages in the development activities related to the liquefaction and sale of liquefied natural gas (LNG); and capture and storage of CO2 emissions. The company focuses on the development activities on the Rio Grande LNG terminal facility located in the Port of Brownsville in southern Texas. It also focuses on a carbon capture and storage project (CCS project) at the terminal, as well as on other CCS projects with third-party industrial source facilities. The company was founded in 2010 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
24.59% Insiders
8.89% Mutual Funds
19.19% Other Institutional Investors
38.79% Public Companies and
Individual Investors