NEXT Insurance Achievements: NEXT Insurance has earned an A+ (Superior) Financial Strength Rating from AM Best and is approaching 750,000 small business customers, following its full acquisition by ERGO, a subsidiary of Munich Re.
Innovative Digital Solutions: The company utilizes advanced technology to provide tailored, affordable insurance solutions for small businesses, enhancing customer experience with features like instant quotes and streamlined underwriting.
NEXT
$5.24+Infinity%1D
Analyst Views on NEXT
Wall Street analysts forecast NEXT stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for NEXT is 9.67 USD with a low forecast of 7.00 USD and a high forecast of 12.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
3 Analyst Rating
Wall Street analysts forecast NEXT stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for NEXT is 9.67 USD with a low forecast of 7.00 USD and a high forecast of 12.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
1 Buy
2 Hold
0 Sell
Moderate Buy
Current: 5.460
Low
7.00
Averages
9.67
High
12.00
Current: 5.460
Low
7.00
Averages
9.67
High
12.00
Seaport Research
Sunil Sibal
Buy
downgrade
$15 -> $12
2025-09-16
Reason
Seaport Research
Sunil Sibal
Price Target
$15 -> $12
2025-09-16
downgrade
Buy
Reason
Seaport Research analyst Sunil Sibal lowered the firm's price target on NextDecade to $12 from $15 and keeps a Buy rating on the shares.
TD Cowen
Jason Gabelman
Buy
to
Hold
downgrade
$11 -> $8
2025-09-15
Reason
TD Cowen
Jason Gabelman
Price Target
$11 -> $8
2025-09-15
downgrade
Buy
to
Hold
Reason
TD Cowen analyst Jason Gabelman downgraded NextDecade to Hold from Buy with a price target of $8, down from $11. The company's updated guidance implies $14 of share value, though embeds a spot margin $2 per MCF higher than expected as the global gas market faces oversupply later this decade, the analyst tells investors in a research note. TD expects the stock to move with global gas prices moving forward."
Morgan Stanley
Morgan Stanley
Overweight -> Equal Weight
downgrade
$15 -> $10
2025-09-12
Reason
Morgan Stanley
Morgan Stanley
Price Target
$15 -> $10
2025-09-12
downgrade
Overweight -> Equal Weight
Reason
Morgan Stanley downgraded NextDecade to Equal Weight from Overweight with a price target of $10, down from $15. The company reached a final investment decision on Train 4 of its Rio Grande project and reiterated expectations for a decision on Train 5 in Q4, the analyst tells investors in a research note. NextDecade now expects $1B of annual cash flow from the project, which is toward the low end of the prior $900M-$1.3 B range, adds Morgan Stanley. The firm's cash flow estimates move lower following the update and it sees limited near-term catalysts remaining for the shares.
Seaport Research
Buy
initiated
$15
2025-07-25
Reason
Seaport Research
Price Target
$15
2025-07-25
initiated
Buy
Reason
Seaport Research initiated coverage of NextDecade with a Buy rating and $15 price target. The firm sees an attractive growth opportunity from additional train Final Investment Decisions, the analyst tells investors.
About NEXT
NextDecade Corporation is an energy company. The Company is engaged in construction and development activities related to the liquefaction and sale of liquefied natural gas (LNG) and the capture and storage of carbon dioxide (CO2) emissions. The Company is constructing and developing a natural gas liquefaction and export facility located in the Rio Grande Valley in Brownsville, Texas (the Rio Grande LNG Facility), which has three liquefaction trains and related infrastructure under construction. Through its subsidiary, Rio Grande LNG, LLC (Rio Grande), the Company is constructing the Rio Grande LNG Facility on the north shore of the Brownsville Ship Channel. The site is located on 984 acres of land which has been leased long-term and includes 15 thousand feet of frontage on the Brownsville Ship Channel. It is also developing a planned carbon capture and storage (CCS) project at the Rio Grande LNG Facility and other potential CCS projects.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
