Should I buy or sell NextDecade stock right now?

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for NextDecade in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" NEXT shares. View NEXT analyst ratings or view top-rated stocks .

What is NextDecade's stock price target for 2024?

2 analysts have issued 12 month price targets for NextDecade's stock. Their NEXT share price targets range from $8.00 to $9.00. On average, they anticipate the company's stock price to reach $8.50 in the next twelve months. This suggests a possible upside of 18.7% from the stock's current price. View analysts price targets for NEXT or view top-rated stocks among Wall Street analysts .

How have NEXT shares performed in 2024?

NextDecade's stock was trading at $4.77 at the beginning of 2024. Since then, NEXT shares have increased by 50.1% and is now trading at $7.16. View the best growth stocks for 2024 here .

When is NextDecade's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, August 12th 2024. View our NEXT earnings forecast .

How were NextDecade's earnings last quarter?

NextDecade Co. (NASDAQ:NEXT) issued its quarterly earnings data on Friday, November, 12th. The company reported ($0.07) earnings per share for the quarter, topping analysts' consensus estimates of ($0.09) by $0.02.

What ETFs hold NextDecade's stock?

ETFs with the largest weight of NextDecade (NASDAQ:NEXT) stock in their portfolio include Roundhill Alerian LNG ETF (LNGG) , Pacer American Energy Independence ETF (USAI) , VanEck Energy Income ETF (EINC) , Global X MLP & Energy Infrastructure ETF (MLPX) , Alerian Energy Infrastructure ETF (ENFR) and Goldman Sachs ETF Trust Goldman (GPOW) .

What other stocks do shareholders of NextDecade own?

Based on aggregate information from My MarketBeat watchlists, some companies that other NextDecade investors own include Walt Disney (DIS) , Inovio Pharmaceuticals (INO) , NVIDIA (NVDA) , Roku (ROKU) , Cronos Group (CRON) , GSK (GSK) , Sorrento Therapeutics (SRNE) and Allena Pharmaceuticals (ALNA) .

Who are NextDecade's major shareholders?

NextDecade's stock is owned by a number of institutional and retail investors. Top institutional investors include Valinor Management L.P. (5.49%), Vanguard Group Inc. (2.49%), Westwood Holdings Group Inc. (0.15%), SG Americas Securities LLC (0.12%), Swiss National Bank (0.07%) and Simplex Trading LLC (0.00%). View institutional ownership trends .

How do I buy shares of NextDecade?

Shares of NEXT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NASDAQ:NEXT

NextDecade (NEXT) Stock Price, News & Analysis

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Free NEXT Stock Alerts

$7.16

+0.59 (+8.98%)

(As of 05/31/2024 ET)

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Compare

Today's Range: $6.63
▼
$7.29
50-Day Range: $5.37
▼
$8.01
52-Week Range: $4.01
▼
$8.74

Volume: 2.89 million shs
Average Volume: 1.23 million shs
Market Capitalization: $1.85 billion

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $8.50

NextDecade MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 18.7% Upside
$8.50 Price Target
Short Interest: Healthy
4.31% of Shares Sold Short
Dividend Strength: N/A
Sustainability: -3.54
Upright™ Environmental Score
News Sentiment: 1.25
Based on 2 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: Growing
From ($1.25) to ($1.00) Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.09 out of 5 stars

Oils/Energy Sector

80th out of 239 stocks

Gas Transmission & Distribution Industry

3rd out of 6 stocks

2.5

Analyst's Opinion

Consensus Rating
NextDecade has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.
Amount of Analyst Coverage
NextDecade has received no research coverage in the past 90 days.
Read more about NextDecade's stock forecast and price target.

3.0

Short Interest

Percentage of Shares Shorted
4.31% of the outstanding shares of NextDecade have been sold short.
Short Interest Ratio / Days to Cover
NextDecade has a short interest ratio ("days to cover") of 8.6.
Change versus previous month
Short interest in NextDecade has recently decreased by 4.13%, indicating that investor sentiment is improving.

0.0

Dividend Strength

Dividend Yield
NextDecade does not currently pay a dividend.
Dividend Growth
NextDecade does not have a long track record of dividend growth.

1.8

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
NextDecade has received a -10.52% net impact score from Upright. The largest negative impact of Nextdecade in category "GHG emissions" is driven by its "LNG terminals", "LNG terminal maintenance", and "Carbon capture and storage equipment" products. See details.
Environmental Sustainability
The Environmental Impact score for NextDecade is -3.54.

3.5

News and Social Media Coverage

News Sentiment
NextDecade has a news sentiment score of 1.25. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.66 average news sentiment score of Oils/Energy companies.
News Coverage This Week
MarketBeat has tracked 2 news articles for NextDecade this week, compared to 2 articles on an average week.
Search Interest
14 people have searched for NEXT on MarketBeat in the last 30 days. This is an increase of 1,300% compared to the previous 30 days.
MarketBeat Follows
4 people have added NextDecade to their MarketBeat watchlist in the last 30 days. This is an increase of 33% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, NextDecade insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 1.20% of the stock of NextDecade is held by insiders.
Percentage Held by Institutions
66.74% of the stock of NextDecade is held by institutions. High institutional ownership can be a signal of strong market trust in this company.
Read more about NextDecade's insider trading history.

0.6

Earnings and Valuation

Earnings Growth
Earnings for NextDecade are expected to grow in the coming year, from ($1.25) to ($1.00) per share.
Price to Book Value per Share Ratio
NextDecade has a P/B Ratio of 1.63. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.
Read more about NextDecade's valuation and earnings.

See Top Rated MarketRank™ Stocks Here

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About NextDecade Stock (NASDAQ:NEXT)

NextDecade Corp. is a development company.

NEXT Stock Price History

30 days | 90 days | 365 days | Advanced Chart

NEXT Stock News Headlines

May 20, 2024 | msn.com

Why NextDecade Shares Are Trading Higher Today

May 20, 2024 | msn.com

Adnoc makes its first investment in the US with stake in Rio Grande LNG project

May 20, 2024 | financialpost.com

Adnoc Buys Stake in NextDecade's LNG Project in First US M&A

May 20, 2024 | bloomberg.com

UAE’s Adnoc to Buy Stake in NextDecade’s LNG Project in US

May 20, 2024 | msn.com

UAE's Adnoc buys stake in NextDecade's Rio Grande LNG project

May 20, 2024 | finance.yahoo.com

UAE Oil Giant Buys Into NextDecade LNG in First US Deal

May 20, 2024 | reuters.com

ADNOC buys stake in NextDecade's Rio Grande LNG, inks supply deal

May 20, 2024 | businesswire.com

ADNOC Secures Equity Position and LNG Offtake Agreement in NextDecade's Rio Grande LNG Project

May 13, 2024 | finance.yahoo.com

NextDecade Raises ‘Going Concern’ Doubts Amid Rio Grande LNG FID

May 10, 2024 | finance.yahoo.com

NextDecade Texas Rio Grande LNG Train 1 on track for late 2027 completion

May 10, 2024 | bizjournals.com

NextDecade aims to sanction of next stage of major LNG project this year

May 10, 2024 | finance.yahoo.com

Are Oils-Energy Stocks Lagging NextDecade (NEXT) This Year?

May 10, 2024 | washingtonpost.com

NextDecade: Q1 Earnings Snapshot

May 9, 2024 | businesswire.com

NextDecade Provides First Quarter 2024 Business Update

April 14, 2024 | barrons.com

NextDecade Corp.

April 4, 2024 | nasdaq.com

NextDecade Breaks Below 200-Day Moving Average - Notable for NEXT

March 22, 2024 | msn.com

NEXT Stock Earnings: NextDecade Misses EPS for Q4 2023

March 12, 2024 | forbes.com

Why Aramco Is On The Prowl For U.S. LNG Project Stakes?

March 11, 2024 | ca.finance.yahoo.com

NextDecade targets Train 4 final investment decision at Texas LNG facility in H2 2024

March 11, 2024 | finance.yahoo.com

REFILE-NextDecade targets Train 4 final investment decision at Texas LNG facility in H2 2024

March 11, 2024 | businesswire.com

NextDecade Provides Fourth Quarter 2023 Business Update

March 6, 2024 | reuters.com

Exclusive: Saudi Aramco, UAE's ADNOC in talks to invest in US LNG projects, sources say

March 1, 2024 | yahoo.com

Governor Greg Abbott celebrates Texas' 12th Governor's Cup win

February 28, 2024 | news.yahoo.com

Inside the fight to stop LNG export projects in South Texas

February 22, 2024 | benzinga.com

NextDecade Stock (NASDAQ:NEXT) Dividends: History, Yield and Dates

See More Headlines

Company Calendar

Last Earnings: 11/12/2021
Today: 5/31/2024
Next Earnings (Estimated): 8/12/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Oils/Energy
Industry: Gas transmission & distribution
Sub-Industry: N/A
Current Symbol: NASDAQ:NEXT
CUSIP: N/A
CIK: 1167896
Web: www.next-decade.com
Phone: (713) 574-1880
Fax: N/A
Employees: 52
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $8.50
High Stock Price Target: $9.00
Low Stock Price Target: $8.00
Potential Upside/Downside: +18.7%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 2 Analysts

Profitability

EPS (Most Recent Fiscal Year): N/A
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-162,260,000.00
Net Margins: N/A
Pretax Margin: N/A
Return on Equity: -95.51%
Return on Assets: -23.72%

Debt

Debt-to-Equity Ratio: 2.12
Current Ratio: 0.56
Quick Ratio: 0.56

Sales & Book Value

Annual Sales: N/A
Price / Sales: N/A
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $4.38 per share
Price / Book: 1.63

Miscellaneous

Outstanding Shares: 257,990,000
Free Float: 254,898,000
Market Cap: $1.85 billion
Optionable: Optionable
Beta: 1.28

Key Executives

Matthew K. Schatzman
Chairman, President & Chief Executive Officer
Ivan Van der Walt
Chief Operating Officer
Brent E. Wahl
Chief Financial Officer
Raquel Couri
Senior VP-Human Resources & Administration
Patrick Hughes
Senior Vice President-Carbon Solutions

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

NEXT Stock Analysis - Frequently Asked Questions

Should I buy or sell NextDecade stock right now?: 2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for NextDecade in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" NEXT shares.
View NEXT analyst ratings or view top-rated stocks.
What is NextDecade's stock price target for 2024?: 2 analysts have issued 12 month price targets for NextDecade's stock. Their NEXT share price targets range from $8.00 to $9.00. On average, they anticipate the company's stock price to reach $8.50 in the next twelve months. This suggests a possible upside of 18.7% from the stock's current price.
View analysts price targets for NEXT or view top-rated stocks among Wall Street analysts.
How have NEXT shares performed in 2024?: NextDecade's stock was trading at $4.77 at the beginning of 2024. Since then, NEXT shares have increased by 50.1% and is now trading at $7.16.
View the best growth stocks for 2024 here.
When is NextDecade's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Monday, August 12th 2024.
View our NEXT earnings forecast.
How were NextDecade's earnings last quarter?: NextDecade Co. (NASDAQ:NEXT) issued its quarterly earnings data on Friday, November, 12th. The company reported ($0.07) earnings per share for the quarter, topping analysts' consensus estimates of ($0.09) by $0.02.

What ETFs hold NextDecade's stock?: ETFs with the largest weight of NextDecade (NASDAQ:NEXT) stock in their portfolio include Roundhill Alerian LNG ETF (LNGG), Pacer American Energy Independence ETF (USAI), VanEck Energy Income ETF (EINC), Global X MLP & Energy Infrastructure ETF (MLPX), Alerian Energy Infrastructure ETF (ENFR) and Goldman Sachs ETF Trust Goldman (GPOW).
What other stocks do shareholders of NextDecade own?: Based on aggregate information from My MarketBeat watchlists, some companies that other NextDecade investors own include Walt Disney (DIS), Inovio Pharmaceuticals (INO), NVIDIA (NVDA), Roku (ROKU), Cronos Group (CRON), GSK (GSK), Sorrento Therapeutics (SRNE) and Allena Pharmaceuticals (ALNA).
Who are NextDecade's major shareholders?: NextDecade's stock is owned by a number of institutional and retail investors. Top institutional investors include Valinor Management L.P. (5.49%), Vanguard Group Inc. (2.49%), Westwood Holdings Group Inc. (0.15%), SG Americas Securities LLC (0.12%), Swiss National Bank (0.07%) and Simplex Trading LLC (0.00%).
View institutional ownership trends.
How do I buy shares of NextDecade?: Shares of NEXT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:NEXT) was last updated on 6/1/2024 by MarketBeat.com Staff

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NextDecade (NEXT) Stock Price, News & Analysis

NextDecade MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Consensus Rating

Amount of Analyst Coverage

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Dividend Yield

Dividend Growth

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

Environmental Sustainability

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Insider Buying vs. Insider Selling

Percentage Held by Insiders

Percentage Held by Institutions

Earnings and Valuation

Earnings Growth

Price to Book Value per Share Ratio

About NextDecade Stock (NASDAQ:NEXT)

NEXT Stock Price History

NEXT Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

NEXT Stock Analysis - Frequently Asked Questions

Overall MarketRank^™