NEXT Stock: Price, Forecast, Financials & AI Analysis

High

Open

VWAP

Vol

Mkt Cap

Low

Amount

EV/EBITDA(TTM)

Total Shares

EV/OCF(TTM)

P/S(TTM)

Market Estimates

Earnings Estimates

Revenue

YoY Chg

EPS

YoYChg

FY2025Q4

FY2026Q1

FY2026Q2

-0.670

-368%

-0.890

+161.76%

-0.880

+282.61%

Estimates Revision

The market is revising No Change the revenue expectations for NextDecade Corporation (NEXT) for FY2025, with the revenue forecasts being adjusted by % over the past three months. During the same period, the stock price has changed by -23.89%.

EPS Estimates for FY2025

No Change

0.00%

In Past 3 Month

Stock Price

Go Down

-23.89%

In Past 3 Month

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: 5.130

Low

7.00

Averages

9.67

High

12.00

Current: 5.130

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

Hold

downgrade

$11 -> $8

2025-09-15

Reason

TD Cowen

Jason Gabelman

Price Target

$11 -> $8

2025-09-15

downgrade

Buy

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

Overweight -> Equal Weight

downgrade

$15 -> $10

2025-09-12

Reason

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.

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

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.

Valuation Metrics

The current forward P/E ratio for NextDecade Corp (NEXT.O) is -1.57, compared to its 5-year average forward P/E of -12.96. 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

-12.96

Current PE

-1.57

Overvalued PE

2.59

Undervalued PE

-28.50

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

-32.89

Current EV/EBITDA

-61.06

Overvalued EV/EBITDA

1.54

Undervalued EV/EBITDA

-67.32

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

18.82

Current PS

6.11

Overvalued PS

67.92

Undervalued PS

-30.28

Financials

Annual

Quarterly

N/A

Total Revenue

N/A

Operating Profit

N/A

Net Income after Tax

N/A

EPS - Diluted

N/A

Free Cash Flow

Trading Trends

Insider

Insiders are Neutral. There are no significant trading trends over the last month.

Sold

Bought

Hedge Fund

Hedge Funds are Neutral. There are no significant trading trends over the last quarter.

Sold

Bought

Congress Trading

Congress are Neutral. There are no significant trading trends over the last month.

Sold

Bought

Insider

Insiders are Neutral. There are no significant trading trends over the last month.

Sold

Bought

NEXT News & Events

Events Timeline

No data

News

8.0

12-12NASDAQ.COM

Significant Options Trading on Friday: RKLB, NEXT, SSRM

3.5

11-24Newsfilter

NextDecade Initiates Pre-Filing for Rio Grande LNG Expansion with Train 6

3.5

11-24SeekingAlpha

NextDecade Initiates Pre-Filing for Sixth Train at Rio Grande LNG

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Frequently Asked Questions

What is NextDecade Corp (NEXT) stock price today?

The current price of NEXT is 5.13 USD — it has decreased -6.04 % in the last trading day.

What is NextDecade Corp (NEXT)'s business?

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.

What is the price predicton of NEXT Stock?

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

NextDecade Corp revenue for the last quarter amounts to 0.00 USD, decreased % YoY.

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

NextDecade Corp. EPS for the last quarter amounts to -0.42 USD, decreased -10.64 % YoY.

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

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

NextDecade Corp (NEXT) has 237 emplpoyees as of December 15 2025.

What is NextDecade Corp (NEXT) market cap?

Today NEXT has the market capitalization of 1.45B USD.