NextDecade Target of Unusually Large Options Trading (NASDAQ:NEXT)

Posted by Francis Steltz on May 15th, 2026

NextDecade Corporation (NASDAQ:NEXT – Get Free Report) was the target of some unusual options trading on Friday. Stock traders acquired 55,831 call options on the company. This represents an increase of approximately 461% compared to the typical volume of 9,949 call options.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on NEXT shares. Weiss Ratings raised NextDecade from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Monday, April 27th. Capital One Financial started coverage on NextDecade in a research note on Friday, February 6th. They issued an “overweight” rating and a $7.00 price objective for the company. TD Cowen reduced their price objective on NextDecade from $7.00 to $6.00 and set a “hold” rating for the company in a research note on Thursday, March 5th. Citigroup started coverage on NextDecade in a research note on Wednesday. They issued a “buy” rating and a $11.00 price objective for the company. Finally, Morgan Stanley increased their price objective on NextDecade from $7.00 to $8.00 and gave the stock an “equal weight” rating in a research note on Tuesday, April 21st. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, NextDecade has a consensus rating of “Hold” and a consensus price target of $8.00.

View Our Latest Research Report on NEXT

NextDecade Stock Up 2.5%

Shares of NEXT traded up $0.23 during midday trading on Friday, reaching $9.15. 2,908,945 shares of the stock were exchanged, compared to its average volume of 4,115,041. NextDecade has a 12-month low of $4.75 and a 12-month high of $12.12. The firm has a 50 day simple moving average of $7.27 and a 200-day simple moving average of $6.14. The company has a quick ratio of 0.40, a current ratio of 0.40 and a debt-to-equity ratio of 3.96. The company has a market cap of $2.42 billion, a price-to-earnings ratio of -6.79 and a beta of 1.65.

NextDecade (NASDAQ:NEXT – Get Free Report) last posted its quarterly earnings results on Friday, February 27th. The company reported ($0.88) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.68) by ($0.20). Research analysts forecast that NextDecade will post -2.16 EPS for the current year.

Insider Buying and Selling at NextDecade

In related news, Director Pamela K.M. Beall purchased 71,500 shares of the firm’s stock in a transaction that occurred on Monday, March 23rd. The stock was acquired at an average price of $7.07 per share, for a total transaction of $505,505.00. Following the transaction, the director directly owned 71,500 shares of the company’s stock, valued at $505,505. This trade represents a ∞ increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available at the SEC website. 1.80% of the stock is owned by company insiders.

Institutional Investors Weigh In On NextDecade

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Alliancebernstein L.P. raised its stake in shares of NextDecade by 1.5% during the 3rd quarter. Alliancebernstein L.P. now owns 122,020 shares of the company’s stock worth $829,000 after purchasing an additional 1,800 shares in the last quarter. Comerica Bank raised its stake in shares of NextDecade by 88.0% during the 1st quarter. Comerica Bank now owns 4,060 shares of the company’s stock worth $32,000 after purchasing an additional 1,900 shares in the last quarter. Inscription Capital LLC raised its stake in shares of NextDecade by 16.0% during the 4th quarter. Inscription Capital LLC now owns 15,739 shares of the company’s stock worth $83,000 after purchasing an additional 2,172 shares in the last quarter. Fort Washington Investment Advisors Inc. OH raised its stake in shares of NextDecade by 0.3% during the 1st quarter. Fort Washington Investment Advisors Inc. OH now owns 644,417 shares of the company’s stock worth $4,936,000 after purchasing an additional 2,235 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC raised its stake in shares of NextDecade by 15.3% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 20,222 shares of the company’s stock worth $150,000 after purchasing an additional 2,686 shares in the last quarter. 66.74% of the stock is owned by hedge funds and other institutional investors.

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.