NEXTNEXTEnergy · Oil & Gas Equipment & Services

NEXT Stock Forecast: NextDecade Corp. Price Predictions for 2026-2027

Last close, 14 Aug 2026
$7.19
+6.05% on the day

The 6 Wall Street analysts covering NextDecade Corp. hold a median 12-month price target of $8.75 — +21.7% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 5 of 100 as at 15 Aug 2026 — in the weakest quartile. The Street sees upside; the factor read is a caution. That gap is the story on this page.

Market cap
$1.9B
Ticker Nerd rank
5 / 100
Median analyst target
$8.75
Analysts covering
6
Total return, dividends reinvested
1W
+7.3%
1M
−12.1%
YTD
+36.4%
1Y
−27.9%
From 52W high
−32.9%
From 52W low
+49.8%
$5
$11
52-week range, adjusted closes · the dot is the last close
Ticker Nerd rank

NEXT stock analysis: one number for the whole business

Consensus tells you what everyone already believes. The model scores NextDecade Corp. on its factor families — the same systematic rank behind the Ticker Nerd portfolio.

Where the model ranks itAs at 15 Aug 2026
5 / 100

Percentile across ~4,600 US stocks on Ticker Nerd’s systematic factor model. Higher is better. How the model is built and tested

Revisions
46
Size
37
Momentum
33
Volatility
29
Growth
23
Accruals
21
Quality
15
Issuance
13
Value
2

Revisions (46): Analysts have, on balance, been raising their forecasts.

Value (2): The shares cost a lot relative to the profits and assets behind them.

Built and run by Aslam Ghouse, an ex-Goldman Sachs quant trader with fourteen years in markets.

Wall Street

NEXT stock forecast 2026-2027: analyst price targets & predictions

The bullish and bearish analyst opinions on NEXT, reported as data — targets and ratings, the market's view beside the model's.

Share price and the analyst range, 12 monthsAdjusted close, US dollars
$4$6$8$10$12Oct 25Jan 26Apr 26Jul 26NEXTHigh $12.00Median $8.75Low $7.00

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

What Wall Street says6 analysts
3 Buy3 Hold0 Sell
Low $7.00Median $8.75High $12.00

The green dot is the last close — the median target sits +21.7% from it.

Recent analyst actionsNewest first
DateFirmActionRatingTarget
16 July 2026Goldman SachsInitiatesNeutral$8.50
13 May 2026CitigroupInitiatesBuy$11
13 May 2026CitigroupInitiatesBuy
21 Apr 2026Morgan StanleyMaintainsEqual-Weight
24 Feb 2026Morgan StanleyMaintainsEqual-Weight
15 Sept 2025TD CowenDowngradeHold
12 Sept 2025Morgan StanleyDowngradeEqual-Weight
11 July 2025Morgan StanleyMaintainsOverweight
6 June 2024TD CowenMaintainsHold
16 Aug 2023Wolfe ResearchUpgradeOutperform
15 Aug 2023StifelUpgradeBuy
26 Oct 2022Morgan StanleyMaintainsOverweight
28 July 2022StifelUpgradeHold
26 Apr 2022StifelDowngradeSell
1 Apr 2022Credit SuisseDowngradeNeutral
16 Feb 2022Morgan StanleyMaintainsOverweight
8 June 2021Evercore ISI GroupUpgradeOutperform
7 June 2021Morgan StanleyUpgradeOverweight
26 Mar 2021Morgan StanleyUpgradeEqual-Weight
24 Mar 2021Credit SuisseUpgradeOutperform

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

Market Radar

This page is one stock. Monday covers all of them.

Computed off the Friday close and sent before the US open.

Market Radar reports the week’s largest rank changes across roughly 4,600 US stocks, the factor behind each one, and where the market went. NEXT appears on the weeks it earns a place.

Free, every Monday. Unsubscribe any time.

Estimates

NEXT analyst estimate revisions

Not the forecast itself — the direction analysts are revising it. Revision direction is one of the model's factor families.

Which way the estimates are movingNext fiscal year
Analysts raising
1
Analysts cutting
0
Fundamentals

NextDecade Corp. (NEXT) financial data

A margin means little on its own. Each bar marks where the figure sits across the whole US universe we score.

Valuation
Trailing P/E
57.2×

Cheaper than 13% of US stocks

Price / sales
Price / book
0.7×

Cheaper than 81% of US stocks

EV / EBITDA
−69.7×

Cheaper than 95% of US stocks

Growth & margins
Revenue growth (YoY)
Earnings growth (YoY)
Gross margin
Operating margin
0.0%

Higher than 32% of US stocks

Net margin
0.0%

Higher than 30% of US stocks

Returns & dividend
Return on equity
−15.8%

Higher than 33% of US stocks

Return on assets
−1.2%

Higher than 39% of US stocks

Dividend yield

Bars mark the percentile across the ~4,600 US stocks Ticker Nerd covers, among those reporting the figure.

Peers

NEXT vs competitors

The nearest names by industry and size, scored by the same model — like for like.

Its peer group, ranked by the same modelOil & Gas Equipment & Services
CompanyMarket capTKN rank
NEXTNextDecade Corp.$1.9B
5
FLOCFlowco Holdings, Inc.$2.1B
25
XPROExpro Ltd.$2.1B
69
INVXInnovex International, Inc.$2.1B
85
AESIAtlas Energy Solutions, Inc.$1.5B
6
HLXHelix Energy Solutions Group, Inc.$1.5B
68
PUMPProPetro Holding Corp.$1.4B
25

Look up any of the roughly 4,600 stocks we score.

The rank is the raw material. Whether the rules would actually own NextDecade Corp. — and when they’d sell — is the membership. See the Ticker Nerd 20 →

News

Latest NEXT news & analysis

Midstream Companies Expand Natural Gas Pipelines as LNG & AI Demand Grows

ETF Trends · 7 Aug 2026positive

Midstream energy companies are expanding natural gas pipelines through acquisitions and project developments to capture growing demand driven by LNG exports and data centers. Williams Companies announced a $5.5 billion acquisition of Momentum Midstream as part of this trend.

Why it matters — A NEXT watcher would care because growing midstream pipeline expansion reflects rising natural gas demand from LNG exports, a key driver for NextDecade's LNG business.

NextDecade Corporation (NEXT) Q2 2026 Earnings Call Transcript

Seeking Alpha · 31 July 2026neutral

NextDecade Corporation held its Q2 2026 earnings call, during which management discussed the company's quarterly financial results and operational performance. The transcript of that call has been published by Seeking Alpha.

Why it matters — Earnings call transcripts provide NEXT investors with direct insight into management's commentary on financial results, project updates, and strategic direction.

NextDecade Q2 Earnings Call Highlights

MarketBeat · 30 July 2026positive

NextDecade reported in its Q2 earnings call that construction of the Rio Grande LNG Phase 1 project is ahead of schedule, with first gas targeted for late 2026 and first LNG production from Train 1 expected in the first half of 2027.

Why it matters — Progress ahead of schedule on the Rio Grande LNG project brings NextDecade closer to its first revenue-generating production milestone.

NextDecade Provides Second Quarter 2026 Business Update

Business Wire · 30 July 2026positive

NextDecade provided a business update for the second quarter of 2026, reporting that construction at Rio Grande LNG is progressing ahead of schedule and within budget toward first LNG, with strong safety standards being maintained.

Why it matters — A watcher of NEXT would care because the Rio Grande LNG project's construction status and timeline directly affect the company's path to generating revenue from LNG production.

FAQ

Frequently asked questions about NEXT stock

What is the NEXT stock price forecast for 2026-2027?

The 6 Wall Street analysts covering NextDecade Corp. have a median 12-month price target of $8.75, with estimates ranging from $7 to $12. These are third-party analyst estimates, not Ticker Nerd forecasts, and they are frequently wrong.

Is NEXT stock a buy right now?

Of the 6 analysts covering NextDecade Corp., 3 rate it a Buy, 3 a Hold and 0 a Sell. Ticker Nerd's systematic factor model ranks NextDecade Corp. 5 out of 100 across roughly 4,600 US stocks as at 15 Aug 2026. None of this is personal advice — it does not consider your circumstances.

How does Ticker Nerd's model rank NEXT?

As at 15 Aug 2026, NextDecade Corp. ranks 5 out of 100 on Ticker Nerd's systematic factor model — a percentile across roughly 4,600 US stocks, built from its factor families. Its strongest factor family is Revisions (46 of 100).

Will NEXT stock go up?

No one can know that. What the data says: the median 12-month target from 6 analysts implies +21.7% from the last close, and Ticker Nerd's factor model ranks NextDecade Corp. 5 out of 100 as at 15 Aug 2026. Analyst targets are third-party estimates and frequently wrong; none of this is personal advice.

What is the NEXT stock forecast for 2030?

No analyst covering NextDecade Corp. publishes a 2030 price target — Wall Street targets run 12 to 18 months out. Sites quoting a 2030 price for NEXT are extrapolating price history, which says nothing about the business. The furthest attributed numbers are the current analyst targets: $7 to $12 over the next 12 months.

How has NEXT stock performed over the past year?

NextDecade Corp. returned -27.9% over the 12 months to 14 Aug 2026, with dividends reinvested. Past performance does not indicate future returns.

What does NextDecade Corp. do?

NextDecade Corporation is an energy infrastructure company focused on developing liquefied natural gas (LNG) export facilities and carbon capture solutions. The company is constructing the Rio Grande LNG facility near Brownsville, Texas, which currently has five liquefaction trains under development with potential capacity for up to 10 trains, positioning NextDecade as one of the world's largest LNG exporters.

What is the latest news on NEXT?

The most recent item we track (ETF Trends, 7 Aug 2026): "Midstream Companies Expand Natural Gas Pipelines as LNG & AI Demand Grows". Midstream energy companies are expanding natural gas pipelines through acquisitions and project developments to capture growing demand driven by LNG exports and data centers. Williams Companies announced a $5.5 billion acquisition of Momentum Midstream as part of this trend.

Company

About NextDecade Corp.

NextDecade Corporation is an energy infrastructure company focused on developing liquefied natural gas (LNG) export facilities and carbon capture solutions. The company is constructing the Rio Grande LNG facility near Brownsville, Texas, which currently has five liquefaction trains under development with potential capacity for up to 10 trains, positioning NextDecade as one of the world's largest LNG exporters. Rio Grande LNG will deliver reliable, low-cost LNG to global customers across Europe, Asia, and the Middle East, supporting international energy security and U.S. energy dominance. In addition to LNG liquefaction and export operations, NextDecade is developing carbon capture and storage (CCS) projects at the Rio Grande facility and exploring other potential CCS initiatives. Founded in 2010 and headquartered in Houston, Texas, the company operates within the energy sector, specifically in oil and gas equipment and services. NextDecade's business model centers on maximizing shareholder value by safely and efficiently delivering lower-carbon energy solutions through its LNG infrastructure.

CEO Mr. Matthew K. Schatzman · 360 employees · United States · https://www.next-decade.com