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NextDecade (NEXT) Competitors

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$7.27 +0.23 (+3.21%)
As of 01:37 PM Eastern
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NEXT vs. BEP, TXNM, CIG, CWEN, ELP, BEPC, BIPC, OGS, SR, and AROC

Should you be buying NextDecade stock or one of its competitors? The main competitors of NextDecade include Brookfield Renewable Partners (BEP), TXNM Energy (TXNM), Comp En De Mn Cemig ADS (CIG), Clearway Energy (CWEN), Companhia Paranaense de Energia (COPEL) (ELP), Brookfield Renewable (BEPC), Brookfield Infrastructure (BIPC), ONE Gas (OGS), Spire (SR), and Archrock (AROC). These companies are all part of the "utilities" industry.

NextDecade vs. Its Competitors

NextDecade (NASDAQ:NEXT) and Brookfield Renewable Partners (NYSE:BEP) are both utilities companies, but which is the better stock? We will contrast the two companies based on the strength of their institutional ownership, risk, dividends, valuation, analyst recommendations, media sentiment, profitability and earnings.

NextDecade has higher earnings, but lower revenue than Brookfield Renewable Partners. Brookfield Renewable Partners is trading at a lower price-to-earnings ratio than NextDecade, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
NextDecadeN/AN/A-$61.75M-$0.78-9.32
Brookfield Renewable Partners$5.88B1.32-$181M-$0.95-28.81

66.7% of NextDecade shares are held by institutional investors. Comparatively, 63.2% of Brookfield Renewable Partners shares are held by institutional investors. 1.8% of NextDecade shares are held by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock is poised for long-term growth.

In the previous week, NextDecade had 4 more articles in the media than Brookfield Renewable Partners. MarketBeat recorded 7 mentions for NextDecade and 3 mentions for Brookfield Renewable Partners. Brookfield Renewable Partners' average media sentiment score of 0.83 beat NextDecade's score of 0.74 indicating that Brookfield Renewable Partners is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
NextDecade
3 Very Positive mention(s)
1 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Brookfield Renewable Partners
2 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Brookfield Renewable Partners has a net margin of 2.28% compared to NextDecade's net margin of 0.00%. Brookfield Renewable Partners' return on equity of 0.44% beat NextDecade's return on equity.

Company Net Margins Return on Equity Return on Assets
NextDecadeN/A -26.59% -6.45%
Brookfield Renewable Partners 2.28%0.44%0.16%

NextDecade presently has a consensus target price of $9.00, indicating a potential upside of 23.86%. Brookfield Renewable Partners has a consensus target price of $30.00, indicating a potential upside of 9.59%. Given NextDecade's higher possible upside, research analysts clearly believe NextDecade is more favorable than Brookfield Renewable Partners.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
NextDecade
1 Sell rating(s)
4 Hold rating(s)
0 Buy rating(s)
1 Strong Buy rating(s)
2.17
Brookfield Renewable Partners
1 Sell rating(s)
2 Hold rating(s)
5 Buy rating(s)
1 Strong Buy rating(s)
2.67

NextDecade has a beta of 1.78, indicating that its stock price is 78% more volatile than the S&P 500. Comparatively, Brookfield Renewable Partners has a beta of 1.13, indicating that its stock price is 13% more volatile than the S&P 500.

Summary

NextDecade beats Brookfield Renewable Partners on 8 of the 15 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding NEXT and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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NEXT vs. The Competition

MetricNextDecadeOil/Gas Prod Pipeline MLP IndustryEnergy SectorNASDAQ Exchange
Market Cap$1.90B$29.40B$7.96B$10.62B
Dividend YieldN/A7.58%10.74%4.70%
P/E Ratio-9.3113.5576.5727.10
Price / SalesN/A1.511,546.97205.33
Price / CashN/A7.1835.9531.12
Price / Book1.0812.074.716.67
Net Income-$61.75M$2.23B$4.28B$275.95M
7 Day Performance4.55%-0.29%1.48%3.05%
1 Month Performance-32.03%-6.76%5.68%10.44%
1 Year Performance45.32%-2.31%16.39%33.51%

NextDecade Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
NEXT
NextDecade
4.0951 of 5 stars
$7.27
+3.2%
$9.00
+23.9%
+40.8%$1.90BN/A-9.3160Options Volume
BEP
Brookfield Renewable Partners
3.2661 of 5 stars
$26.23
+1.2%
$30.10
+14.8%
-3.0%$7.36B$5.88B-27.615,270
TXNM
TXNM Energy
1.7712 of 5 stars
$56.56
-0.1%
$54.86
-3.0%
+31.7%$5.97B$1.97B29.151,695Positive News
CIG
Comp En De Mn Cemig ADS
N/A$2.11
+1.4%
N/A+0.7%$5.95B$7.38B4.595,028Positive News
CWEN
Clearway Energy
3.4298 of 5 stars
$28.35
-0.7%
$36.40
+28.4%
+2.8%$5.77B$1.37B43.6260Positive News
ELP
Companhia Paranaense de Energia (COPEL)
N/A$9.73
+2.2%
N/A+30.4%$5.67B$4.20B57.214,396
BEPC
Brookfield Renewable
3.429 of 5 stars
$34.76
+0.6%
$35.75
+2.9%
+12.2%$5.01B$5.88B-39.051,890Positive News
BIPC
Brookfield Infrastructure
1.4522 of 5 stars
$41.40
+1.0%
$46.00
+11.1%
+2.6%$4.93B$3.65B28.751,700
OGS
ONE Gas
2.9836 of 5 stars
$80.78
+0.7%
$78.06
-3.4%
+8.5%$4.81B$2.08B19.283,900
SR
Spire
4.0362 of 5 stars
$81.41
+1.1%
$78.80
-3.2%
+26.3%$4.75B$2.44B17.583,475
AROC
Archrock
4.5502 of 5 stars
$26.42
-0.3%
$30.00
+13.6%
+15.2%$4.66B$1.16B20.021,300

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This page (NASDAQ:NEXT) was last updated on 10/6/2025 by MarketBeat.com Staff
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