(NEXT) Nextdecade - Ratings and Ratios

Exchange: NASDAQ • Country: United States • Currency: USD • Type: Common Stock • ISIN: US65342K1051

NEXT: Liquefied Natural Gas, Carbon Capture, Storage

NextDecade Corporation is an energy company that specializes in the development and construction of liquefied natural gas (LNG) infrastructure in the United States. The company's primary focus is on the Rio Grande LNG terminal facility, located in the Port of Brownsville in southern Texas, where it aims to capitalize on the region's strategic access to the Gulf of Mexico and proximity to major natural gas production areas. This terminal is designed to facilitate the liquefaction of natural gas, which can then be exported to global markets, providing a critical link between domestic natural gas production and international demand.

The company's development activities also encompass a significant focus on environmental sustainability, particularly through its carbon capture and storage (CCS) project at the Rio Grande LNG terminal. This initiative is designed to reduce the terminal's carbon footprint by capturing CO2 emissions and storing them underground, thereby minimizing the environmental impact of its operations. Additionally, NextDecade Corporation is exploring opportunities to apply CCS technology to third-party industrial source facilities, further expanding its potential to mitigate greenhouse gas emissions across various sectors.

NextDecade Corporation's business model is multifaceted, incorporating not only the development of LNG infrastructure but also the sale of liquefied natural gas to customers worldwide. The company's involvement in the global LNG market positions it to benefit from the increasing demand for cleaner-burning fuels, as countries transition towards lower-carbon energy sources. With its headquarters in Houston, Texas, a major hub for the energy industry, NextDecade Corporation is well-placed to leverage its expertise and strategic location to drive growth and expansion in the LNG sector.

As a publicly traded company listed on the NASDAQ under the ticker symbol NEXT, NextDecade Corporation offers investors an opportunity to participate in the evolving energy landscape, particularly in the areas of LNG production and carbon capture technology. With its common stock (ISIN: US65342K1051) classified under the GICS Sub Industry of Oil & Gas Storage & Transportation, the company is part of a critical segment that facilitates the global supply of energy. Further information about NextDecade Corporation can be found on its website at https://www.next-decade.com, providing insights into its projects, strategy, and commitment to sustainable energy development.

Additional Sources for NEXT Stock

NEXT Stock Overview

Market Cap in USD 1,832m
Sector Energy
Industry Oil & Gas E&P
GiC Sub-Industry Oil & Gas Storage & Transportation
IPO / Inception 2015-06-04

NEXT Stock Ratings

Growth 5y 49.6%
Fundamental -
Dividend -
Rel. Strength Industry 360
Analysts 4/5
Fair Price Momentum 9.48 USD
Fair Price DCF -

NEXT Dividends

No Dividends Paid

NEXT Growth Ratios

Growth Correlation 3m 66.6%
Growth Correlation 12m 29.4%
Growth Correlation 5y 75.3%
CAGR 5y 12.83%
CAGR/Mean DD 5y 0.34
Sharpe Ratio 12m 1.33
Alpha 64.84
Beta 1.04
Volatility 93.69%
Current Volume 2036.7k
Average Volume 20d 2073.9k
What is the price of NEXT stocks?
As of January 22, 2025, the stock is trading at USD 9.05 with a total of 2,036,657 shares traded.
Over the past week, the price has changed by +12.42%, over one month by +32.70%, over three months by +66.36% and over the past year by +92.14%.
Is Nextdecade a good stock to buy?
Partly, yes. Based on ValueRay Analyses, Nextdecade (NASDAQ:NEXT) is currently (January 2025) ok to buy, but has to be watched. It has a Growth Technical Rating of 49.63 and therefor an somewhat technical positive rating according to historical growth.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of NEXT as of January 2025 is 9.48. This means that NEXT is currently overvalued and has a potential downside of 4.75%.
Is NEXT a buy, sell or hold?
Nextdecade has received a consensus analysts rating of 4.00. Therefor, it is recommend to buy NEXT.
  • Strong Buy: 1
  • Buy: 1
  • Hold: 1
  • Sell: 0
  • Strong Sell: 0
What are the forecast for NEXT stock price target?
According to ValueRays Forecast Model, NEXT Nextdecade will be worth about 10.2 in January 2026. The stock is currently trading at 9.05. This means that the stock has a potential upside of +13.15%.
Issuer Forecast Upside
Wallstreet Target Price 10.7 17.9%
Analysts Target Price 8.6 -5%
ValueRay Target Price 10.2 13.1%