NASDAQ:NEXT NextDecade (NEXT) Stock Forecast, Price & News $5.55 -0.01 (-0.18%) (As of 02:33 PM ET) Add Compare Share Share Today's Range$5.33▼$5.5650-Day Range$4.13▼$6.2752-Week Range$3.92▼$8.95Volume227,496 shsAverage Volume704,801 shsMarket Capitalization$835.66 millionP/E RatioN/ADividend YieldN/APrice Target$9.33 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesShort InterestSocial MediaSustainability NextDecade MarketRank™ ForecastAnalyst RatingModerate Buy2.50 Rating ScoreUpside/Downside68.5% Upside$9.33 Price TargetShort InterestHealthy4.26% of Shares Sold ShortDividend StrengthN/ASustainability-3.54Upright™ Environmental ScoreNews Sentiment1.07Based on 5 Articles This WeekInsider TradingN/AProj. Earnings GrowthDecreasingFrom ($0.63) to ($1.06) Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.00 out of 5 starsOils/Energy Sector190th out of 249 stocksGas Transmission & Distribution Industry5th out of 6 stocks 3.3 Analyst's Opinion Consensus RatingNextDecade has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $9.33, NextDecade has a forecasted upside of 68.5% from its current price of $5.54.Amount of Analyst CoverageNextDecade has received no research coverage in the past 90 days. Previous Next 4.0 Short Interest Percentage of Shares Shorted4.26% of the outstanding shares of NextDecade have been sold short.Short Interest Ratio / Days to CoverNextDecade has a short interest ratio ("days to cover") of 7.9.Change versus previous monthShort interest in NextDecade has recently decreased by 6.14%, indicating that investor sentiment is improving significantly. Previous Next 0.0 Dividend Strength Dividend YieldNextDecade does not currently pay a dividend.Dividend GrowthNextDecade does not have a long track record of dividend growth. Previous Next 1.8 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreNextDecade has received a -10.52% net impact score from Upright. The largest negative impact of Nextdecade in category "GHG emissions" is driven by its "LNG terminals", "LNG terminal maintenance", and "Carbon capture and storage equipment" products. See details.Environmental SustainabilityThe Environmental Impact score for NextDecade is -3.54. Previous Next 2.8 News and Social Media Coverage News SentimentNextDecade has a news sentiment score of 1.07. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.53 average news sentiment score of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 5 news articles for NextDecade this week, compared to 1 article on an average week.Search InterestOnly 4 people have searched for NEXT on MarketBeat in the last 30 days. This is a decrease of -20% compared to the previous 30 days.MarketBeat FollowsOnly 1 people have added NextDecade to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, NextDecade insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 1.90% of the stock of NextDecade is held by insiders.Percentage Held by Institutions64.83% of the stock of NextDecade is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.0 Earnings and Valuation Earnings GrowthEarnings for NextDecade are expected to decrease in the coming year, from ($0.63) to ($1.06) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of NextDecade is -7.59, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of NextDecade is -7.59, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioNextDecade has a P/B Ratio of 14.58. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About NextDecade (NASDAQ:NEXT) StockNextDecade Corp. is a development company.Read More Receive NEXT Stock News and Ratings via Email Sign-up to receive the latest news and ratings for NextDecade and its competitors with MarketBeat's FREE daily newsletter. Email Address NEXT Stock News HeadlinesMay 27, 2023 | americanbankingnews.comNextDecade Target of Unusually Large Options Trading (NASDAQ:NEXT)May 18, 2023 | msn.comUnusual Call Option Trade in NextDecade (NEXT) Worth $155.16KMay 31, 2023 | Edge On The Street (Ad)Soaring EV Industry Keeps Investor Focus on LithiumThe need for lithium keeps going up, up, up with the mass adoption of electric vehicles. The lithium demand for EV batteries alone is now double the rate of lithium production.May 16, 2023 | msn.comRio Grande LNG hosts safety demonstration to studentsApril 21, 2023 | finance.yahoo.comWe Think NextDecade (NASDAQ:NEXT) Needs To Drive Business Growth CarefullyApril 19, 2023 | americanbankingnews.comNextDecade (NASDAQ:NEXT) Trading Down 5.5%April 16, 2023 | americanbankingnews.comNextDecade Target of Unusually High Options Trading (NASDAQ:NEXT)April 15, 2023 | msn.comNextDecade soars as Evercore ISI sees LNG export plant added to FERC docketMay 31, 2023 | Edge On The Street (Ad)The Ignored EV Story Few Investors Know AboutLithium may grab all the headlines, but the average electric vehicle requires 146 pounds of the mineral graphite. With no producing graphite mines in North America, the U.S. government is desperate for more domestic sources of the metal to feed the EV battery supply chain.March 29, 2023 | finance.yahoo.comNextDecade to Establish Permanent Conservation at the Las Lomas AreaMarch 24, 2023 | americanbankingnews.comNextDecade (NASDAQ:NEXT) Trading Down 4.7%February 6, 2023 | finance.yahoo.comLNG developer NextDecade blasts inaction by U.S. energy regulatorJanuary 20, 2023 | msn.comNextDecade, Seadrill among major Energy/Materials gainers, Recon Technology leads losersJanuary 20, 2023 | msn.comNextDecade inks 15-year LNG supply deal with Japan's ItochuJanuary 20, 2023 | msn.comNextDecade makes first ever LNG deal with a Japanese companyJanuary 19, 2023 | finance.yahoo.comNextDecade and Itochu Corporation Execute 1.0 MTPA LNG Sale and Purchase AgreementJanuary 5, 2023 | finance.yahoo.comWith 57% ownership of the shares, NextDecade Corporation (NASDAQ:NEXT) is heavily dominated by hedge funds ownersDecember 28, 2022 | finance.yahoo.comNextDecade increases LNG supply volume in deal with China's ENNDecember 27, 2022 | finance.yahoo.comNextDecade Announces Increase of ENN LNG Sale and Purchase AgreementDecember 9, 2022 | finance.yahoo.comA Look At The Intrinsic Value Of NextDecade Corporation (NASDAQ:NEXT)November 14, 2022 | finance.yahoo.comWhy Earnings Season Could Be Great for NextDecade (NEXT)November 12, 2022 | finance.yahoo.comHere's Why We're Not Too Worried About NextDecade's (NASDAQ:NEXT) Cash Burn SituationOctober 25, 2022 | finance.yahoo.comAre Oils-Energy Stocks Lagging Coterra Energy (CTRA) This Year?September 20, 2022 | marketscreener.comNEXTDECADE CORP. : Entry into a Material Definitive Agreement, Unregistered Sale of Equity Securities (form 8-K) - Marketscreener.comSeptember 15, 2022 | businesswire.comNextDecade Announces $85 Million Private Placement of Common Stock - Business WireSeptember 15, 2022 | finance.yahoo.comNextDecade Announces $85 Million Private Placement of Common StockJuly 28, 2022 | seekingalpha.comNextDecade upped at Stifel as Rio Grande LNG closes in on the finish line (NASDAQ:NEXT) - Seeking AlphaSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive NEXT Stock News and Ratings via Email Sign-up to receive the latest news and ratings for NextDecade and its competitors with MarketBeat's FREE daily newsletter. Email Address NEXT Company Calendar Last Earnings3/10/2023Today5/31/2023Next Earnings (Estimated)8/10/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Gas transmission & distribution Sub-IndustryN/A SectorOils/Energy Current SymbolNASDAQ:NEXT CUSIPN/A CIK1167896 Webwww.next-decade.com Phone(713) 574-1880FaxN/AEmployees52Year FoundedN/APrice Target and Rating Average Stock Price Forecast$9.33 High Stock Price Forecast$12.00 Low Stock Price Forecast$6.00 Forecasted Upside/Downside+67.9%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)($0.73) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-60,070,000.00 Net MarginsN/A Pretax MarginN/A Return on Equity-147.65% Return on Assets-25.20% Debt Debt-to-Equity RatioN/A Current Ratio1.51 Quick Ratio1.51 Sales & Book Value Annual SalesN/A Price / SalesN/A Cash FlowN/A Price / Cash FlowN/A Book Value$0.38 per share Price / Book14.63Miscellaneous Outstanding Shares150,570,000Free Float147,706,000Market Cap$837.17 million OptionableNot Optionable Beta0.96 Key ExecutivesMatthew K. SchatzmanChairman, President & Chief Executive OfficerIvan Van der WaltChief Operating OfficerBrent E. WahlChief Financial OfficerRaquel CouriSenior VP-Human Resources & AdministrationPatrick HughesSenior Vice President-Carbon SolutionsKey CompetitorsCrestwood Equity PartnersNYSE:CEQPNabors IndustriesNYSE:NBRProPetroNYSE:PUMPFuelCell EnergyNASDAQ:FCELGranite Ridge ResourcesNYSE:GRNTView All CompetitorsInstitutional OwnershipNew York State Common Retirement FundSold 59,500 shares on 5/18/2023Ownership: 0.068%JPMorgan Chase & Co.Bought 11,323 shares on 5/18/2023Ownership: 0.038%Aventail Capital Group LPBought 64,439 shares on 5/16/2023Ownership: 0.486%AQR Capital Management LLCSold 12,714 shares on 5/16/2023Ownership: 0.037%Jane Street Group LLCSold 22,240 shares on 5/16/2023Ownership: 0.010%View All Institutional Transactions NEXT Stock - Frequently Asked Questions Should I buy or sell NextDecade stock right now? 2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for NextDecade in the last year. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" NEXT shares. View NEXT analyst ratings or view top-rated stocks. What is NextDecade's stock price forecast for 2023? 2 brokers have issued 1-year target prices for NextDecade's stock. Their NEXT share price forecasts range from $6.00 to $12.00. On average, they predict the company's stock price to reach $9.33 in the next twelve months. This suggests a possible upside of 67.9% from the stock's current price. View analysts price targets for NEXT or view top-rated stocks among Wall Street analysts. How have NEXT shares performed in 2023? NextDecade's stock was trading at $4.94 on January 1st, 2023. Since then, NEXT shares have increased by 12.6% and is now trading at $5.56. View the best growth stocks for 2023 here. When is NextDecade's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, August 10th 2023. View our NEXT earnings forecast. How were NextDecade's earnings last quarter? NextDecade Co. (NASDAQ:NEXT) issued its quarterly earnings results on Friday, March, 10th. The company reported ($0.18) earnings per share for the quarter, missing analysts' consensus estimates of ($0.11) by $0.07. What ETFs hold NextDecade's stock? ETFs with the largest weight of NextDecade (NASDAQ:NEXT) stock in their portfolio include Pacer American Energy Independence ETF (USAI), Alerian Energy Infrastructure ETF (ENFR), Vanguard U.S. Momentum Factor ETF (VFMO) and Vanguard Energy ETF (VDE).Fidelity MSCI Energy Index ETF (FENY). What other stocks do shareholders of NextDecade own? Based on aggregate information from My MarketBeat watchlists, some companies that other NextDecade investors own include Walt Disney (DIS), Inovio Pharmaceuticals (INO), NVIDIA (NVDA), Roku (ROKU), Cronos Group (CRON), GSK (GSK), Sorrento Therapeutics (SRNE) and Allena Pharmaceuticals (ALNA). What is NextDecade's stock symbol? NextDecade trades on the NASDAQ under the ticker symbol "NEXT." Who are NextDecade's major shareholders? NextDecade's stock is owned by many different retail and institutional investors. Top institutional investors include BlackRock Inc. (2.48%), Tortoise Capital Advisors L.L.C. (2.25%), Catalyst Capital Advisors LLC (1.84%), Jennison Associates LLC (0.80%), SIR Capital Management L.P. (0.78%) and Wellington Management Group LLP (0.70%). View institutional ownership trends. How do I buy shares of NextDecade? Shares of NEXT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is NextDecade's stock price today? One share of NEXT stock can currently be purchased for approximately $5.56. How much money does NextDecade make? NextDecade (NASDAQ:NEXT) has a market capitalization of $837.17 million. The company earns $-60,070,000.00 in net income (profit) each year or ($0.73) on an earnings per share basis. How can I contact NextDecade? NextDecade's mailing address is 1000 LOUISIANA STREET SUITE 3900, HOUSTON TX, 77002. The official website for the company is www.next-decade.com. The company can be reached via phone at (713) 574-1880 or via email at ben@next-decade.com. This page (NASDAQ:NEXT) was last updated on 5/31/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding NextDecade Co. Please log in to your account or sign up in order to add this asset to your watchlist. 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