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NEXT

Nextdecade Corp

NEXT

NASDAQ·Industrials·Engineering & Construction·Mkt cap $2.0B

$7.52

-0.64%

View full research view

Our plain-language verdict, the thesis, risk factors, and what is changing about the business.

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52-Week Range

$4.75 - $12.12

P/E

-5.61

Fwd P/E

-1.96

Beta

1.50

Div Yield

0.00%

Avg Vol

3.6M

Shares Out

264.9M

Mkt Cap

$2.0B

Price action

Price chart

Down 15.3% over the trailing year

1W
1M
3M
6M
YTD
1Y
5Y
MAX

Total returns

Price performance

Total return across standard periods - splits & dividends adjusted by FMP. Periods longer than 1Y show annualized in the tooltip.

Why we rate it this way

The thesis at a glance

Bull and bear case · plain-English context across the five lenses we evaluate.

Bull Case

3 reasons

  • Strategic Port of Brownsville location with existing infrastructure and proximity to major US natural gas supplies
  • Integrated LNG-CCS facility design reducing operational complexity and creating synergistic revenue opportunities
  • First-mover advantage in combining LNG export with large-scale carbon capture at a single terminal facility

Bear Case

1 risk

  • Above-average volatility (beta 1.5).

Growth

Revenue decline expected

Increasing global LNG demand driven by energy security concerns and natural gas transition from coal

Value

Deep value opportunity - significant discount to Oil & Gas E&P peers

Momentum

Stable

-3.6% over 3m

Quality

Loss-making

Below average quality

Dividend

None

No dividend

Earnings track record

Recent earnings results

AI-summarized recap of last quarter, plus the surprise on every print.

Next: Jul 30, 2026

Q2 26 RECAP

MAY 1, 2026

Reported EPS of -$0.66 vs -$0.66 consensus (+0.2% surprise).

EPS beat +0.2%

EPS surprise · last 4Q

2 of 2 beats

Q2 26

+0.2%

Q2 26

+22.7%

Next: Jul 30, 2026

Revenue trend · last 8Q

Q2 24

Q3 24

Q4 24

Q1 25

Q2 25

Q3 25

Q4 25

Q1 26

$0

$0

$0

$0

$0

$0

$0

$0

Margins · last 8Q

No margin history available.

Wall Street consensus

1 analyst · 0% Buy

Live ratings and price targets aggregated across covering analysts.

Buy

0%

Hold

1

100%

Sell

0%

Median Price Target

Latest: Morgan Stanley · Apr 21, 2026

vs Industry

How NEXT stacks vs Engineering & Construction

Stock metrics vs industry averages. Green = better than industry.

Industry comparison data unavailable for this stock.