
NEXT
NextDecade Corp
- Overview
- Forecast
- Valuation
- Earnings

Line
|

Candle
1D
5D
1M
3M
6M
YTD
1Y
5Y
High
10.545
Open
10.435
VWAP
10.43
Vol
421.42K
Mkt Cap
2.71B
Low
10.350
Amount
4.40M
EV/EBITDA(TTM)
--
Total Shares
257.99M
EV
8.55B
EV/OCF(TTM)
--
P/S(TTM)
--
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.
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3 Analyst Rating

44.23% Upside
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 15.00 USD with a low forecast of 15.00 USD and a high forecast of 15.00 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 Buy
0 Hold
0 Sell
Strong Buy

44.23% Upside
Current: 10.400

Low
15.00
Averages
15.00
High
15.00

44.23% Upside
Current: 10.400

Low
15.00
Averages
15.00
High
15.00
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.
Morgan Stanley
Overweight
maintain
$10 -> $15
2025-07-11
Reason
Morgan Stanley
Price Target
$10 -> $15
2025-07-11
maintain
Overweight
Reason
Morgan Stanley raised the firm's price target on NextDecade to $15 from $10 and keeps an Overweight rating on the shares. The company continues to expect a final draft Supplemental Environmental Impact Statement from FERC by end-July, the analyst tells investors in a research note. The firm believes a final investment decision on Train 5 could come before the end of September, consistent with the timeline for the price lock on the new EPC contract.
TD Cowen
Hold
to
Buy
upgrade
$9 -> $11
2025-06-24
Reason
TD Cowen
Price Target
$9 -> $11
2025-06-24
upgrade
Hold
to
Buy
Reason
TD Cowen upgraded NextDecade to Buy from Hold with a price target of $11, up from $9.
TD Cowen
Hold -> Buy
upgrade
$9 -> $11
2025-06-24
Reason
TD Cowen
Price Target
$9 -> $11
2025-06-24
upgrade
Hold -> Buy
Reason
TD Cowen upgraded NextDecade to Buy from Hold with a price target of $11, up from $9. The firm says it has "line-of-sight" to Rio Grande LNG not only sanctioning Train 4, but also Train 5. NextDecade should provide additional financial transparency after final investment decision, increasing investor confidence, the analyst tells investors in a research note. TD sees potential for NextDecade to continue to contract volumes for additional trains as the sale and purchase agreement market for liquefied natural gas remains active, with the industry potentially looking past near-term weakness.
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Valuation Metrics
The current forward P/E ratio for NextDecade Corp (NEXT.O) is -4.05, compared to its 5-year average forward P/E of -13.00. For a more detailed relative valuation and DCF analysis to assess NextDecade Corp 's fair value, click here.
Forward PE
The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.

N/A
5Y Average PE
-13.00
Current PE
-4.05
Overvalued PE
2.51
Undervalued PE
-28.52
Forward EV/EBITDA
The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.

N/A
5Y Average EV/EBITDA
-29.21
Current EV/EBITDA
-294.17
Overvalued EV/EBITDA
1.00
Undervalued EV/EBITDA
-59.41
Forward PS
The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.

N/A
5Y Average PS
25.98
Current PS
17.35
Overvalued PS
81.67
Undervalued PS
-29.71
Financials
Annual
Quarterly
FY2025Q1
0.00
Total Revenue
FY2025Q1
YoY :
+36.20%
-51.92M
Operating Profit
FY2025Q1
YoY :
-231.30%
-245.23M
Net Income after Tax
FY2025Q1
YoY :
-409.09%
-0.34
EPS - Diluted
FY2025Q1
YoY :
+4.79%
-848.24M
Free Cash Flow
Trading Trends
Insider
Insiders are Neutral. There are no significant trading trends over the last month.
Sold
0-3
Months
0.0
USD
0
3-6
Months
0.0
USD
0
6-9
Months
0.0
USD
0
0-12
Months
0.0
USD
0
Bought
0-3
0
0.0
USD
Months
3-6
0
0.0
USD
Months
6-9
0
0.0
USD
Months
0-12
0
0.0
USD
Months
Hedge Fund
Hedge Funds are Neutral. There are no significant trading trends over the last quarter.
Sold
0-3
Months
0.0
Volume
0
3-6
Months
2.9M
Volume
2
6-9
Months
5.9M
Volume
4
0-12
Months
0.0
Volume
0
Bought
0-3
0
0.0
Volume
Months
3-6
2
1.6M
Volume
Months
6-9
1
6.3M
Volume
Months
0-12
0
0.0
Volume
Months
Congress Trading
Congress are Neutral. There are no significant trading trends over the last month.
Sold
0-3
Months
0.0
USD
0
3-6
Months
0.0
USD
0
6-9
Months
0.0
USD
0
0-12
Months
0.0
USD
0
Bought
0-3
0
0.0
USD
Months
3-6
0
0.0
USD
Months
6-9
0
0.0
USD
Months
0-12
0
0.0
USD
Months
Insider
Insiders are Neutral. There are no significant trading trends over the last month.
Sold
0-3
Months
0.0
USD
0
3-6
Months
0.0
USD
0
6-9
Months
0.0
USD
0
0-12
Months
0.0
USD
0
Bought
0-3
0
0.0
USD
Months
3-6
0
0.0
USD
Months
6-9
0
0.0
USD
Months
0-12
0
0.0
USD
Months
NEXT News & Events
Events Timeline
2025-06-12 (ET)
2025-06-12
16:18:30
NextDecade finalizes EPC contract refresh for Train 4, executives Train 5 deal

2025-05-29 (ET)
2025-05-29
08:02:19
NextDecade executes 20-year liquefied natural gas sale, purchase agreement

2025-04-15 (ET)
2025-04-15
05:51:18
TotalEnergies signs sales, purchase pact with NextDecade to buy LNG

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News
8.5
08-06ReutersTotalEnergies won't invest in NextDecade’s Train 5 LNG project, sources say
8.5
08-06SeekingAlphaTotalEnergies will not invest in NextDecade’s Train 5 LNG project - Reuters
2.0
08-04TipRanks5 Natural Gas Stocks Getting a Boost From AI’s Power Problem
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FAQ

What is NextDecade Corp (NEXT) stock price today?
The current price of NEXT is 10.4 USD — it has increased 0.58 % in the last trading day.

What is NextDecade Corp (NEXT)'s business?

What is the price predicton of NEXT Stock?

What is NextDecade Corp (NEXT)'s revenue for the last quarter?

What is NextDecade Corp (NEXT)'s earnings per share (EPS) for the last quarter?

What changes have occurred in the market's expectations for NextDecade Corp (NEXT)'s fundamentals?

How many employees does NextDecade Corp (NEXT). have?
