NextDecade (NASDAQ:NEXT) Stock Bumped Up to “Strong-Buy” by Zacks Research

Posted by Brenda Bartman on Oct 31st, 2026

Zacks Research upgraded shares of NextDecade (NASDAQ:NEXT – Free Report) from a hold rating to a strong-buy rating in a research report sent to investors on Thursday,Zacks reports.

A number of other analysts have also weighed in on NEXT. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of NextDecade in a report on Thursday, October 22nd. Wall Street Zen cut shares of NextDecade from a “sell” rating to a “strong sell” rating in a research note on Saturday, October 24th. The Goldman Sachs Group reissued a “neutral” rating on shares of NextDecade in a report on Friday. Finally, UBS Group restated a “neutral” rating on shares of NextDecade in a research report on Friday. Two research analysts have rated the stock with a Strong Buy rating, one has given a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, NextDecade has a consensus rating of “Moderate Buy” and a consensus target price of $8.10.

Check Out Our Latest Stock Report on NextDecade

NextDecade Stock Up 1.7%

NEXT stock opened at $7.38 on Thursday. The stock has a 50-day simple moving average of $6.86 and a two-hundred day simple moving average of $6.94. NextDecade has a twelve month low of $4.75 and a twelve month high of $9.24. The firm has a market capitalization of $1.96 billion, a PE ratio of -18.45 and a beta of 1.53. The company has a quick ratio of 0.37, a current ratio of 0.37 and a debt-to-equity ratio of 3.70.

NextDecade (NASDAQ:NEXT – Get Free Report) last announced its quarterly earnings results on Thursday, October 29th. The company reported $0.54 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.71) by $1.25. On average, equities analysts predict that NextDecade will post -2.10 EPS for the current fiscal year.

Institutional Trading of NextDecade

Several institutional investors and hedge funds have recently modified their holdings of the business. Collective Family Office LLC raised its holdings in NextDecade by 13.4% in the second 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 in the last quarter. NewEdge Advisors LLC increased its holdings in shares of NextDecade by 112.5% during the second quarter. NewEdge Advisors LLC now owns 5,327 shares of the company’s stock valued at $40,000 after acquiring an additional 2,820 shares in the last quarter. Farther Finance Advisors LLC increased its holdings in shares of NextDecade by 58.5% during the third quarter. Farther Finance Advisors LLC now owns 7,816 shares of the company’s stock valued at $50,000 after acquiring an additional 2,886 shares in the last quarter. EverSource Wealth Advisors LLC raised its position in shares of NextDecade by 302.8% in the 1st 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 during the last quarter. Finally, Nykredit A S purchased a new position in shares of NextDecade in the 2nd quarter worth about $25,000. Hedge funds and other institutional investors own 66.74% of the company’s stock.

Key Stories Impacting NextDecade

Here are the key news stories impacting NextDecade this week:

Positive Sentiment: Rio Grande LNG is reportedly ahead of schedule. NextDecade said it expects first LNG production from Train 1 in the second quarter of 2027, with project progress described as approximately one quarter ahead of schedule. Earlier production would improve the company’s path toward revenue generation and support investor confidence. NextDecade expects first LNG from Train 1 in Q2 2027 and targets Train 6 FID in second half of next year
Positive Sentiment: Management is targeting additional expansion. NextDecade plans to make a final investment decision on Train 6 in the second half of 2027. The company also outlined a regulatory timeline for later Rio Grande LNG trains, potentially strengthening its long-term growth outlook. NextDecade offers regulatory timeline for latest Rio Grande LNG trains
Positive Sentiment: Third-quarter results exceeded expectations. NextDecade reported earnings of $0.54 per share versus the consensus estimate of a $0.71 per-share loss, marking a significant swing to profitability and helping drive the positive market reaction. NextDecade Provides Third Quarter 2026 Business Update
Neutral Sentiment: Options activity indicated increased bullish speculation. Traders purchased 2,936 call options, about 16% above typical volume. This may reflect expectations for further gains, but it does not necessarily represent long-term investment conviction.
Negative Sentiment: Execution and financing remain important risks. NextDecade still faces the usual construction, regulatory and commissioning risks associated with a large LNG project. Its elevated leverage and weak liquidity metrics also leave the stock sensitive to cost overruns, delays or additional funding requirements.

About NextDecade

(Get Free Report)

NextDecade Corporation is an energy company focused on developing liquefied natural gas (LNG) infrastructure and related carbon-management solutions. The company’s principal project is Rio Grande LNG, an LNG export facility located near Brownsville, Texas, on the U.S. Gulf Coast.

Rio Grande LNG is designed to receive natural gas, process it into LNG, and export the product by ship to customers in international markets. The project is being developed in multiple phases and is intended to serve energy markets in Europe, Asia and other regions seeking access to U.S.