NextDecade (NEXT) Stock Price
NextDecade Price
Analysts set a median price target of 10.20 USD, implying 36.6% above the current price. Of 9 analysts, 6 rate the stock a buy — an overall Buy consensus. The stock trades about 56% above its 52-week low.
NextDecade stock price
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Stock Price
ⓘHow to Read This Chart
This chart tracks the historical stock price of NextDecade over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.
Total Return vs. Price Return
The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.
Intraday Price Data
When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how NextDecade stock reacts to market openings, earnings releases, or breaking news throughout the trading session.
What to Look For
Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing NextDecade's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.
| Date | NextDecade Price |
|---|---|
| 9/11/2026 | 7.47 USD |
| 9/10/2026 | 7.67 USD |
| 9/9/2026 | 7.54 USD |
| 9/8/2026 | 7.43 USD |
| 9/4/2026 | 7.34 USD |
| 9/3/2026 | 7.42 USD |
| 9/2/2026 | 7.44 USD |
| 9/1/2026 | 7.62 USD |
| 8/31/2026 | 7.54 USD |
| 8/30/2026 | 7.46 USD |
| 8/28/2026 | 7.49 USD |
| 8/27/2026 | 7.31 USD |
| 8/26/2026 | 7.36 USD |
| 8/25/2026 | 7.47 USD |
| 8/24/2026 | 7.14 USD |
| 8/21/2026 | 7.12 USD |
| 8/20/2026 | 7.00 USD |
| 8/19/2026 | 6.78 USD |
| 8/18/2026 | 6.94 USD |
| 8/14/2026 | 7.19 USD |
| 8/13/2026 | 6.78 USD |
| 8/12/2026 | 6.82 USD |
| 8/10/2026 | 6.93 USD |
| 8/7/2026 | 6.70 USD |
| 8/6/2026 | 6.80 USD |
| 8/5/2026 | 6.45 USD |
| 8/4/2026 | 6.65 USD |
| 8/3/2026 | 6.60 USD |
| 7/31/2026 | 6.72 USD |
| 7/30/2026 | 6.73 USD |
NextDecade Revenue, EBIT, Net Income
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NextDecade Income Statement, Balance Sheet, Cash Flow Statement
| REVENUEB USD |
|---|
| REVENUE GROWTH% |
| GROSS MARGIN% |
| GROSS INCOMEM USD |
| EBITM USD |
| EBIT MARGIN% |
| NET INCOMEM USD |
| NET INCOME GROWTH% |
| SHARESM |
| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026e | 2027e | 2028e | 2029e | 2030e |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| – | – | – | – | – | – | – | – | – | – | – | 0.32 | 1.15 | 2.66 | 6.01 | 8.39 |
| – | – | – | – | – | – | – | – | – | – | – | – | 266.03 | 130.79 | 125.93 | 39.50 |
| – | – | – | – | – | – | – | – | – | – | – | -3.81 | -1.04 | -0.45 | -0.20 | -0.14 |
| -12.00 | -12.00 | -1.00 | -1.00 | -2.00 | -1.00 | -12.00 | -12.00 | -6.00 | -12.00 | -12.00 | -12.00 | -12.00 | -12.00 | -12.00 | -12.00 |
| – | – | -35.00 | -43.00 | -35.00 | -22.00 | -19.00 | -60.00 | -171.00 | 299.00 | -259.00 | -526.00 | 108.00 | -128.00 | 251.00 | 422.00 |
| – | – | – | – | – | – | – | – | – | – | – | -166.98 | 9.37 | -4.81 | 4.17 | 5.03 |
| – | – | -35.00 | -41.00 | -35.00 | -14.00 | -22.00 | -60.00 | -162.00 | -61.00 | -306.00 | -646.00 | -253.00 | -256.00 | 95.00 | 214.00 |
| – | – | – | 17.14 | -14.63 | -60.00 | 57.14 | 172.73 | 170.00 | -62.35 | 401.64 | 111.11 | -60.84 | 1.19 | -137.11 | 125.26 |
| 4.50 | 4.50 | 100.93 | 106.56 | 109.06 | 117.52 | 120.77 | 130.14 | 254.30 | 260.20 | 262.16 | 262.16 | 262.16 | 262.16 | 262.16 | 262.16 |
Details
Income Statement Key Figures
ⓘRevenue and Revenue Growth
Revenue is the starting point of every income statement — it measures the total sales NextDecade generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.
Gross Margin
Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue NextDecade retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare NextDecade's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.
EBIT and EBIT Margin
EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.
Net Income and Earnings Per Share (EPS)
Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.
Shares Outstanding
The total number of shares NextDecade has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.
Analyst Estimates
The projected figures represent consensus estimates from professional analysts. Compare these forecasts against NextDecade's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.
NextDecade stock margins
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NextDecade Stock Revenue, EBIT, Earnings per Share
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NextDecade business model & stock analysis
NextDecade SWOT Analysis
Strengths
NextDecade Corp has a strong and experienced leadership team led by industry experts.
The company has a diverse and strategic portfolio of liquefied natural gas (LNG) projects.
NextDecade Corp has secured long-term supply contracts with key customers, ensuring stable revenue streams.
The company's projects benefit from the proximity to abundant and low-cost natural gas resources.
Weaknesses
NextDecade Corp heavily relies on the successful development and completion of its LNG projects, carrying execution risks.
The company's financial position may be negatively impacted by fluctuations in commodity prices and global LNG demand.
NextDecade Corp faces intense competition from other LNG players in the market.
Regulatory and environmental challenges may affect the company's ability to obtain necessary permits and approvals.
Opportunities
The increasing global demand for natural gas and LNG presents growth opportunities for NextDecade Corp.
Advancements in technology and infrastructure development open doors for expanding the company's LNG market share.
NextDecade Corp can leverage strategic partnerships and collaborations to enhance its project execution and market reach.
The company can capitalize on emerging markets and new LNG importers to diversify its customer base.
Threats
Economic downturns and geopolitical uncertainties can impact global LNG demand and prices, posing risks to NextDecade Corp.
Changes in regulatory policies, including tariffs and trade agreements, may disrupt the company's operations and profitability.
Competitors with larger financial resources and established market presence can pose challenges to NextDecade Corp's market share.
Environmental and sustainability concerns may lead to stricter regulations on natural gas usage and development.
NextDecade Employees
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NextDecade Eulerpool Fair Value
Details
Fair Value Estimate
ⓘWhat Is Fair Value?
Fair value is an estimate of what a stock is truly "worth" based on its financial fundamentals, independent of the current market price. If the calculated fair value is above the current share price, the stock may be undervalued — and vice versa. This chart shows three different fair value approaches so you can cross-check them against each other.
Earnings-Based Fair Value
Calculated by multiplying the current earnings per share (EPS) by the average historical P/E ratio over a selected multi-year period. The smoothing over several years filters out temporary spikes or dips. If this fair value exceeds the market price, it suggests the stock is cheap relative to its earning power.
Example: Fair Value (Earnings) 2022 = EPS 2022 × Average P/E 2019–2021
Revenue-Based Fair Value
Derived by multiplying revenue per share by the average historical price-to-sales ratio. This method is particularly useful for companies with volatile or temporarily depressed earnings, as revenue tends to be more stable than profits. It answers: "At what price has the market historically valued each dollar of this company's sales?"
Example: Fair Value (Revenue) 2022 = Revenue per Share 2022 × Average P/S 2019–2021
Dividend-Based Fair Value
Calculated by dividing the dividend per share by the average historical dividend yield. This approach is most relevant for mature, consistently dividend-paying companies. If the resulting fair value is higher than the current price, it implies the stock offers a better yield than its historical average.
Example: Fair Value (Dividend) 2022 = Dividend per Share 2022 ÷ Average Yield 2019–2021
How to Use This Chart
When all three fair value lines converge above the current price, it strengthens the case that the stock is undervalued. When they diverge, investigate why — it may indicate a structural shift in margins, payout policy, or growth rate. The forward estimates on the right extend the analysis using projected fundamentals, helping you assess whether the current price already reflects future growth expectations.
NextDecade historical P/E ratio, EBIT multiple, and P/S ratio
NextDecade annual returns
Details
Annual Return
ⓘWhat This Chart Shows
This chart breaks down 's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.
Price Return
Price return measures the percentage change in 's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.
Dividend Return
Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.
What to Look For
Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare 's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.
NextDecade shares outstanding
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NextDecade stock splits
Current NextDecade forecasts and price targets in September 2026
Analyst Price Targets 2026NextDecade Analyst Rating Actions
| Date | Firm | Action | Rating | Reliability |
|---|---|---|---|---|
| 4/21/2026 | Maintained | Equal Weight | 46 | |
| 2/24/2026 | Maintained | Equal Weight | 46 | |
| 9/15/2025 | Downgrade | BuyHold | 58 | |
| 9/12/2025 | Downgrade | OverweightEqual Weight | 46 | |
| 7/11/2025 | Maintained | Overweight | 46 | |
| 6/6/2024 | Maintained | Hold | 58 | |
| 8/16/2023 | Upgrade | Peer PerformOutperform | – | |
| 8/15/2023 | Upgrade | HoldBuy | 57 | |
| 10/26/2022 | Maintained | Overweight | 46 | |
| 7/28/2022 | Upgrade | SellHold | 57 |
Eulerpool Reliability Score (0–100): measures how often a firm’s bullish or bearish calls were directionally correct three months later, blended with the average return following its calls. Every rating we record is stored permanently and scores update continuously; firms with fewer than 3 measured calls are not scored yet.
NextDecade Earnings Calls
NextDecade Earnings Estimates & Surprises
| Date | EPS estimate | EPS Actual | Revenue Estimate | Price reaction | Quarterly report |
|---|---|---|---|---|---|
| 7/30/2026 | -0.63USD | - | 0.00USD | - | 2026 Q2 |
| 5/4/2026 | -0.64USD | - | 0.00USD | - | 2026 Q1 |
| 3/2/2026 | -0.48USD | - | 0.00USD | - | 2025 Q4 |
| 11/11/2024 | -0.22USD | - | 0.00USD | - | 2024 Q3 |
| 5/9/2024 | -0.22USD | - | 0.00USD | - | 2024 Q1 |
| 3/8/2024 | -0.20USD | - | 0.00USD | - | 2023 Q4 |
| 11/8/2023 | -0.45USD | - | 0.00USD | - | 2023 Q3 |
| 8/9/2023 | -0.38USD | - | -USD | - | 2023 Q2 |
| 5/10/2023 | -0.32USD | - | -USD | - | 2023 Q1 |
| 3/27/2023 | -0.06USD | - | 0.00USD | - | 2022 Q4 |
EESG©
Eulerpool ESG Scorecard© for the NextDecade stock
EEnvironment
20
Environment
SSocial
20
Social
GGovernance (Corporate Governance)
4
Governance (Corporate Governance)
The Eulerpool ESG Scorecard© is the strictly copyrighted intellectual property of Eulerpool Research Systems. Any unauthorized use, imitation, or infringement will be actively pursued and may lead to significant legal consequences. For licenses, collaborations, or usage rights, please contact us directly via our contact form. Contact Form to us.
NextDecade shareholder structure
| % | Name |
|---|---|
8.67196% | |
5.36495% | |
3.50260% | |
2.23043% | |
1.97001% | |
1.63667% |
NextDecade Beneficial Ownership Filings (SEC 13D/G)
| Stake | Holder | Filing |
|---|---|---|
47.65% | SEC ↗ | |
11.69% | SEC ↗ | |
11.69% | SEC ↗ | |
11.30% | SEC ↗ | |
10.29% | SEC ↗ | |
9.70% | SEC ↗ | |
8.80% | SEC ↗ | |
8.80% | SEC ↗ | |
8.80% | SEC ↗ | |
7.90% | SEC ↗ |
NextDecade Executives and Management Board
15 members · avg. age 53 · 20 % women
Mr. Matthew Schatzman (59)
Chairman of the Board, Chief Executive Officer · since 2017
4.73 M USD
Management
Mr. Brent Wahl (55)
Chief Financial Officer
Ms. Vera De Gyarfas (58)
General Counsel, Corporate Secretary
Mr. Tarik Skeik (45)
Chief Operating Officer
Board of Directors
Mr. Brian Belke (41)
Independent Director
Mr. L. Spencer Wells (54)
Independent Director
Sir Frank Chapman (71)
Independent Director
Mr. Edward Scoggins (45)
Independent Director
Mr. William Vrattos (55)
Lead Independent Director
Ms. Pamela Beall (68)
Director
NextDecade Supply Chain
NextDecade Supply Chain
Correlation: how closely stock prices move together
| # | Name | Trend | |||
|---|---|---|---|---|---|
| 1 | 0.87 | 0.80 | 0.73 | ||
| 2 | 0.88 | 0.84 | 0.67 | ||
| 3 | -0.73 | -0.66 | 0.30 |
| # | Name | Trend | |||
|---|---|---|---|---|---|
| 1 | — | — | — | ||
| 2 | -0.51 | -0.42 | -0.39 |
Frequently asked questions about NextDecade
NextDecade Corp's business model revolves around the development and operation of liquefied natural gas (LNG) projects. The company focuses on constructing and managing LNG export terminals to facilitate the global trade of natural gas. NextDecade aims to leverage its innovative technology, strategic partnerships, and expertise to deliver reliable and cost-effective LNG solutions. By capitalizing on the increasing global demand for clean and sustainable energy sources, NextDecade Corp strives to provide customers with a clean-burning fuel alternative while creating long-term value for its shareholders.
NextDecade Corp is primarily active in the liquefied natural gas (LNG) industry.
The main competitors of NextDecade Corp in the market include companies like Cheniere Energy Inc., Tellurian Inc., and Dominion Energy Inc. These companies also operate in the natural gas industry, developing and exporting liquefied natural gas (LNG) projects. However, NextDecade Corp distinguishes itself through its innovative business approach and commitment to sustainable energy solutions. By strategically positioning itself among these competitors, NextDecade Corp aims to capture a significant share of the LNG market and achieve long-term success in the industry.
NextDecade Corp is an American liquefied natural gas (LNG) development company. Established in 2010, NextDecade focuses on developing and exporting LNG to meet the increasing global demand. The company is committed to providing access to clean and abundant energy sources through the construction of liquefaction and export facilities. NextDecade Corp's management team has extensive experience in the LNG industry, utilizing innovative technologies to provide reliable and sustainable energy solutions. By leveraging strategic partnerships and project optimization, NextDecade Corp aims to become a leader in LNG production, contributing to the global energy transition.
NextDecade Corp has achieved several significant milestones. Firstly, the company secured long-term liquefied natural gas (LNG) export authorization for its Rio Grande LNG project from the Federal Energy Regulatory Commission (FERC) in 2019. Secondly, NextDecade signed two binding LNG sale and purchase agreements (SPAs) for a total of 5 million tonnes per annum with Shell in 2020. Additionally, the company completed its merger with Harmony Merger Corp in 2017, becoming a publicly traded company. Furthermore, NextDecade successfully developed proprietary technology called Optimized Single Mixed Refrigerant for natural gas liquefaction. These milestones demonstrate NextDecade Corp's commitment to LNG development and its position in the global energy market.
NextDecade Corp is primarily present in the United States.
NextDecade Corp represents a set of core values and corporate philosophy that guides its operations. The company focuses on sustainability and environmental responsibility, aiming to deliver cleaner energy solutions and reduce greenhouse gas emissions. NextDecade is committed to providing reliable and affordable liquefied natural gas (LNG) infrastructure globally. The company places a strong emphasis on innovation, integrity, and safety in its operations. By leveraging its expertise, NextDecade aims to contribute to the global transition to a low-carbon future. As a forward-thinking energy company, NextDecade Corp is dedicated to addressing the world's growing energy demands while prioritizing sustainable practices and delivering long-term value for stakeholders.
Analysts currently set an average price target of 9.86 USD for the NextDecade stock (median: 10.20 USD), implying +32.1 % versus the latest price. The consensus is based on 9 analyst ratings.
9 analysts currently rate the NextDecade stock: 6 recommend buying, 3 holding and 0 selling. For 2026, analysts expect NextDecade to generate revenue of 315.64 M USD and earnings per share of -2.47 USD.
Converted at the current exchange rate, the NextDecade share trades at 6.44 EUR (7.47 USD).
The NextDecade share (NEXT) is listed on 4 stock exchanges, including: NASDAQ (NEXT), Frankfurt (2XD.F), Düsseldorf (2XD.DU), Hamburg (2XD.HM).
NextDecade Corp is a leading American company in the development of sustainable liquefied natural gas (LNG) infrastructures. The core business of the company is the development of LNG terminals and associated gas pipelines, which transport LNG from production areas to consumers around the world. This article will provide a closer description of NextDecade Corp's business model. Products and Services NextDecade Corp offers a wide range of products and services that are tailored to the needs of customers. The company provides its customers with the opportunity to buy or sell liquefied gas on the global market. This includes offering complex logistics and transportation solutions.
The expected revenue of NextDecade is 315.64 M USD. This figure is based on current financial data and reflects the company's business performance.
The expected profit of NextDecade is -646.97 M USD. The net profit reflects the company's profitability after deducting all expenses.
The price-to-earnings ratio (P/E) of NextDecade is currently -3.02. The P/E ratio compares the current share price to the earnings per share and helps investors assess the valuation of the NextDecade stock.
The price-to-sales ratio (P/S) of NextDecade is currently 6.20. The P/S ratio compares the market capitalization to the annual revenue and serves as a valuation metric for the NextDecade stock.
The Eulerpool Quality Score for NextDecade is 1/10.
The ISIN of NextDecade is US65342K1051. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.
The WKN of NextDecade is A2DVCF. The WKN (Wertpapierkennnummer) is a six-digit German security identification number.
The ticker of NextDecade is NEXT. The ticker symbol is used to trade NextDecade shares on the stock exchange.
NextDecade paid dividends every year for the past 0 years.
NextDecade is assigned to the 'Energy' sector.
The dividends of NextDecade are distributed in USD.
NextDecade stock
NextDecade Peer Group
NextDecade Ticker
NextDecade FIGI
All fundamentals and in-depth analysis of NextDecade
Our stock analysis for NextDecade stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of NextDecade. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.