NextDecade (NEXT) Expected to Announce Quarterly Earnings on Wednesday

Key Points

• NextDecade is scheduled to release its Q2 2025 earnings on August 13th, with analysts projecting a loss of ($0.38) per share.
• Shares of NextDecade opened at $11.06 and have a market cap of $2.90 billion, with a P/E ratio of -14.18.
• Several brokerages have upgraded NextDecade's ratings and price targets, including Morgan Stanley, which raised its target from $10.00 to $15.00.

NextDecade (NASDAQ:NEXT - Get Free Report) is expected to post its Q2 2025 quarterly earnings results before the market opens on Wednesday, August 13th. Analysts expect NextDecade to post earnings of ($0.38) per share for the quarter.

NextDecade (NASDAQ:NEXT - Get Free Report) last posted its quarterly earnings data on Thursday, July 31st. The company reported ($0.23) EPS for the quarter, hitting analysts' consensus estimates of ($0.23). On average, analysts expect NextDecade to post $-1 EPS for the current fiscal year and $-1 EPS for the next fiscal year.

NextDecade Stock Performance

Shares of NextDecade stock traded down $0.11 during trading on Friday, reaching $10.34. The company's stock had a trading volume of 2,844,798 shares, compared to its average volume of 3,194,603. NextDecade has a one year low of $4.27 and a one year high of $12.12. The firm has a market cap of $2.71 billion, a price-to-earnings ratio of -13.26 and a beta of 1.22. The business's fifty day moving average price is $9.70 and its 200-day moving average price is $8.40. The company has a debt-to-equity ratio of 2.77, a quick ratio of 0.85 and a current ratio of 0.70.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on NEXT. Morgan Stanley reissued an "overweight" rating and set a $15.00 target price (up from $10.00) on shares of NextDecade in a research report on Friday, July 11th. TD Cowen raised NextDecade from a "hold" rating to a "buy" rating and set a $11.00 target price on the stock in a research report on Tuesday, June 24th. Cowen raised NextDecade from a "hold" rating to a "buy" rating in a research report on Tuesday, June 24th. Finally, Seaport Res Ptn raised NextDecade to a "strong-buy" rating in a research report on Friday, July 25th.

Institutional Investors Weigh In On NextDecade

A number of institutional investors have recently added to or reduced their stakes in NEXT. Comerica Bank boosted its holdings in NextDecade by 88.0% during the first quarter. Comerica Bank now owns 4,060 shares of the company's stock valued at $32,000 after purchasing an additional 1,900 shares in the last quarter. AQR Capital Management LLC acquired a new stake in NextDecade during the first quarter valued at approximately $386,000. Millennium Management LLC boosted its holdings in NextDecade by 10.1% during the first quarter. Millennium Management LLC now owns 1,404,770 shares of the company's stock valued at $10,929,000 after purchasing an additional 128,568 shares in the last quarter. Caxton Associates LLP acquired a new stake in NextDecade during the first quarter valued at approximately $185,000. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings in NextDecade by 13.9% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 277,307 shares of the company's stock valued at $2,157,000 after purchasing an additional 33,941 shares in the last quarter. 66.74% of the stock is owned by institutional investors and hedge funds.

NextDecade Company Profile

NextDecade Corp. is a development company.