Stock Price
P/E Ratio
Volume Traded Today
Dividend
52 Week High/low
NextDecade Corp Market Cap
From what 3 stock analysts predict, the share price for NextDecade Corp (NEXT) might increase by 52.6% in the next year. This is based on a 12-month average estimation for NEXT. Price targets go from $9 to $13. The majority of stock analysts believe NEXT is a buy. Please note analyst price targets are not guaranteed and could be missed completely.
NextDecade Corp has a total of 3 Wall St Analyst ratings. There are 2 buy ratings, 1 ratings, and 0 sell ratings. Since most analysts have a buy consensus rating, the expectation is that NextDecade Corp will outperform the market. Investors shouldn't rely purely on analyst ratings; we encourage investors to also take a look at the fundamental and technical analysis in their due diligence.
These are the latest 20 analyst ratings of NEXT.
|
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
|---|---|---|---|---|
| Sam Margolin TD Cowen | Hold | $9 | Maintains | Jun 6, 2024 |
| Sam Margolin Wolfe Research | Outperform | $8 | Upgrade | Aug 16, 2023 |
| Benjamin Nolan Stifel | Buy | $9 | Upgrade | Aug 15, 2023 |
| Devin McDermott Morgan Stanley | Overweight | $10 | Maintains | Oct 26, 2022 |
| Benjamin Nolan Stifel | Hold | $6 | Upgrade | Jul 28, 2022 |
| Benjamin Nolan Stifel | Sell | $4 | Downgrade | Apr 26, 2022 |
| Spiro Dounis Credit Suisse | Neutral | $7.5 | Downgrade | Apr 1, 2022 |
| Devin McDermott Morgan Stanley | Overweight | $5 | Maintains | Feb 16, 2022 |
| Sean Morgan Evercore ISI Group | Outperform | $9 | Upgrade | Jun 8, 2021 |
Morgan Stanley | Overweight | Upgrade | Jun 7, 2021 | |
Morgan Stanley | Equal-Weight | Upgrade | Mar 26, 2021 | |
Credit Suisse | Outperform | Upgrade | Mar 24, 2021 | |
Morgan Stanley | Underweight | Initiates | Sep 20, 2019 | |
Evercore ISI Group | Outperform | Initiates | Sep 18, 2019 | |
Credit Suisse | Neutral | Initiates | Oct 11, 2018 | |
Cowen & Co. | Market Perform | Downgrade | Sep 26, 2018 | |
B of A Securities | Buy | Initiates | Apr 17, 2018 | |
Bank of America | Buy | Initiates | Apr 17, 2018 | |
Stifel Nicolaus | Hold | Initiates | Jan 5, 2018 | |
Stifel | Hold | Initiates | Jan 5, 2018 |
When did it IPO
2010
Staff Count
147
Country
United States
Sector/Industry
Energy/Oil & Gas E&P
CEO
Mr. Matthew K. Schatzman
Market Cap
$1.82B
In 2023, NEXT generated $0 in revenue, which was a increase of 0.00% from the previous year. This can be seen as a signal that NEXT's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Thu, 07 Nov 2024
Sentiment - NEUTRAL
Source - Business Wire
Summary - NextDecade Corporation (NASDAQ: NEXT) reported strong progress on Phase 1 construction at the Rio Grande Facility, on schedule and safely, during Q3 and early Q4 2024.
Why It Matters - NextDecade's progress on the Rio Grande Facility suggests operational efficiency and potential revenue growth, positively impacting investor sentiment and stock performance.
Thu, 22 Aug 2024
Sentiment - NEUTRAL
Source - Zacks Investment Research
Summary - NextDecade (NEXT) is advancing carbon capture and storage technology but has withdrawn its CCS application from the Federal Energy Regulatory Commission.
Why It Matters - NextDecade's commitment to carbon capture signals ongoing innovation, potentially enhancing its value and attractiveness in a carbon-conscious market, despite regulatory setbacks.
Tue, 20 Aug 2024
Sentiment - NEUTRAL
Source - Business Wire
Summary - NextDecade Corporation (NASDAQ: NEXT) announced the withdrawal of its carbon capture and storage application at FERC for the Rio Grande LNG facility, requesting termination of the CCS proceeding.
Why It Matters - NextDecade's withdrawal from the CCS project may impact future revenue streams and regulatory dynamics, potentially affecting stock performance and investor sentiment.
Wed, 14 Aug 2024
Sentiment - NEUTRAL
Source - Business Wire
Summary - NextDecade Corporation (NASDAQ: NEXT) reported progress in Q2 2024 on the Rio Grande LNG Facility, focusing on safe, timely, and budget-friendly construction of Phase 1 and advancing Train 4 towards a Final Investment Decision.
Why It Matters - NextDecade's progress on the Rio Grande LNG Facility and Train 4 expansion signals potential growth and operational efficiency, which could boost investor confidence and share value.
Tue, 13 Aug 2024
Sentiment - NEGATIVE
Source - Zacks Investment Research
Summary - NextDecade (NEXT) is monitoring the D.C. Circuit court's ruling, which may affect the timing of the Final Investment Decision for Train 4 of the Rio Grande LNG project.
Why It Matters - NextDecade's concerns about the court ruling could delay the Final Investment Decision for Train 4, potentially affecting project timelines, funding, and overall profitability, impacting investor confidence.
Wed, 14 Aug 2024
Sentiment - POSITIVE
Source - Benzinga
Summary - Energy sector stocks are currently considered oversold, indicating potential buying opportunities for investors in undervalued companies.
Why It Matters - Oversold energy stocks indicate potential bargains, allowing investors to capitalize on undervalued assets, which may lead to significant returns as market conditions improve.
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