NextDecade (NASDAQ:NEXT) Shares Down 7% – Time to Sell?

Posted by Brian Himes on Jul 26th, 2026

NextDecade Corporation (NASDAQ:NEXT – Get Free Report)’s stock price fell 7% during trading on Friday . The company traded as low as $7.50 and last traded at $7.4050. 685,784 shares traded hands during mid-day trading, a decline of 81% from the average daily volume of 3,629,402 shares. The stock had previously closed at $7.96.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on the company. Citigroup initiated coverage on NextDecade in a report on Wednesday, May 13th. They issued a “buy” rating and a $11.00 price objective on the stock. Weiss Ratings raised shares of NextDecade from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Monday, April 27th. The Goldman Sachs Group began coverage on shares of NextDecade in a report on Wednesday, July 15th. They issued a “neutral” rating and a $8.50 price target on the stock. Finally, Morgan Stanley boosted their price objective on shares of NextDecade from $7.00 to $8.00 and gave the stock an “equal weight” rating in a research note on Tuesday, April 21st. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, four have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $8.10.

Get Our Latest Report on NEXT

NextDecade Stock Down 11.9%

The firm’s 50 day moving average price is $7.93 and its two-hundred day moving average price is $6.91. The firm has a market capitalization of $1.86 billion, a PE ratio of -5.23 and a beta of 1.51. The company has a quick ratio of 0.40, a current ratio of 0.40 and a debt-to-equity ratio of 3.96.

NextDecade (NASDAQ:NEXT – Get Free Report) last issued its quarterly earnings data on Thursday, April 30th. The company reported ($0.51) EPS for the quarter, topping analysts’ consensus estimates of ($0.66) by $0.15. As a group, research analysts forecast that NextDecade Corporation will post -2.09 EPS for the current fiscal year.

Hedge Funds Weigh In On NextDecade

Institutional investors have recently made changes to their positions in the business. Alliancebernstein L.P. increased its stake in shares of NextDecade by 1.5% in the third quarter. Alliancebernstein L.P. now owns 122,020 shares of the company’s stock worth $829,000 after buying an additional 1,800 shares during the last quarter. Comerica Bank grew its holdings in NextDecade by 88.0% during the 1st quarter. Comerica Bank now owns 4,060 shares of the company’s stock worth $32,000 after acquiring an additional 1,900 shares in the last quarter. Collective Family Office LLC increased its position in shares of NextDecade by 13.4% in the 2nd quarter. Collective Family Office LLC now owns 17,194 shares of the company’s stock worth $130,000 after purchasing an additional 2,033 shares during the last quarter. Inscription Capital LLC lifted its position in shares of NextDecade by 16.0% during the fourth quarter. Inscription Capital LLC now owns 15,739 shares of the company’s stock worth $83,000 after purchasing an additional 2,172 shares during the last quarter. Finally, Fort Washington Investment Advisors Inc. OH grew its stake in NextDecade by 0.3% in the first 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. 66.74% of the stock is owned by institutional investors and hedge funds.

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.