NextDecade Corporation (NASDAQ:NEXT) Receives $8.10 Consensus Target Price from Brokerages

Posted by Brenda Bartman on Sep 5th, 2026

NextDecade Corporation (NASDAQ:NEXT – Get Free Report) has received an average recommendation of “Hold” from the seven ratings firms that are currently covering the stock, Marketbeat reports. One research analyst has rated the stock with a sell rating, four have given a hold rating, one has issued a buy rating and one has given a strong buy rating to the company. The average 1-year price target among analysts that have issued a report on the stock in the last year is $8.10.

A number of research analysts have weighed in on the company. The Goldman Sachs Group assumed coverage on NextDecade in a report on Wednesday, July 15th. They issued a “neutral” rating and a $8.50 price objective on the stock. Wall Street Zen raised shares of NextDecade from a “strong sell” rating to a “sell” rating in a research report on Saturday. Citigroup started coverage on NextDecade in a report on Wednesday, May 13th. They issued a “buy” rating and a $11.00 price objective on the stock. Finally, Weiss Ratings reissued a “sell (d-)” rating on shares of NextDecade in a report on Friday, July 24th.

View Our Latest Report on NEXT

Hedge Funds Weigh In On NextDecade

A number of hedge funds have recently made changes to their positions in NEXT. Nykredit A S purchased a new stake in NextDecade during the 2nd quarter worth $25,000. US Bancorp DE raised its position in NextDecade by 22,782.4% in the third quarter. US Bancorp DE now owns 3,890 shares of the company’s stock valued at $26,000 after purchasing an additional 3,873 shares during the period. EverSource Wealth Advisors LLC lifted its stake in shares of NextDecade by 302.8% during the first quarter. EverSource Wealth Advisors LLC now owns 4,205 shares of the company’s stock worth $32,000 after purchasing an additional 3,161 shares in the last quarter. Comerica Bank boosted its position in shares of NextDecade by 88.0% in the first quarter. Comerica Bank now owns 4,060 shares of the company’s stock worth $32,000 after buying an additional 1,900 shares during the period. Finally, Raymond James Financial Inc. purchased a new stake in shares of NextDecade in the second quarter worth about $36,000. Institutional investors and hedge funds own 66.74% of the company’s stock.

NextDecade Trading Down 1.1%

Shares of NextDecade stock opened at $7.34 on Monday. The firm’s 50 day simple moving average is $7.26 and its two-hundred day simple moving average is $7.29. The firm has a market capitalization of $1.95 billion, a price-to-earnings ratio of -5.40 and a beta of 1.57. NextDecade has a 12-month low of $4.75 and a 12-month high of $10.84. The company has a current ratio of 0.37, a quick ratio of 0.37 and a debt-to-equity ratio of 3.70.

NextDecade (NASDAQ:NEXT – Get Free Report) last posted its earnings results on Thursday, July 30th. The company reported ($0.25) EPS for the quarter, topping the consensus estimate of ($0.66) by $0.41. Analysts predict that NextDecade will post -2.94 EPS for the current year.

NextDecade Company Profile

(Get Free Report)

NextDecade Corporation is a Houston‐based liquefied natural gas (LNG) and decarbonization company focused on the development, engineering, construction and operation of large‐scale LNG export facilities. The company’s core mission is to deliver cleaner energy solutions to global customers while integrating carbon capture and sequestration technologies to reduce greenhouse gas emissions. NextDecade’s projects are designed to leverage abundant U.S. natural gas supplies to meet growing worldwide demand for low‐carbon fuel.

NextDecade’s flagship project, Rio Grande LNG, is located at the Port of Brownsville in southern Texas.