NEXT Stock Analysis: Nextdecade | NASDAQ
Oil & Gas Equipment & Services | NASDAQ, USA | Market Cap: 2.164m USD | 12M Return: -28.8% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 21.9M
Qual. Beats: 0
Qual. Beats: 0
Warnings
Tailwinds
No distinct edge detected
Seasonality 10.4 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
NextDecade Corporation (NASDAQ: NEXT) is a Houston-based energy company founded in 2010 that focuses on constructing and developing natural gas liquefaction and export infrastructure in the United States. Its primary asset is the Rio Grande LNG Facility in the Rio Grande Valley near Brownsville, Texas, and it is also developing a carbon capture and storage project at that site. The company participates in LNG sales alongside its development activities, and it is classified within the GICS Oil & Gas Storage & Transportation sub-industry.
As an LNG pure-play, NextDecade sits within the broader U.S. liquefied natural gas export sector, which leverages domestic shale gas production to supply overseas markets. The inclusion of carbon capture and storage at its flagship facility reflects the growing integration of emissions-reduction infrastructure into new LNG project designs.
- Rio Grande LNG Phase 1 construction advances toward commercial operations
- Global LNG spot prices swing on European demand and supply disruptions
- Equity dilution risk rises as project funding needs expand
| Net Income: error (cannot be calculated; needs Net Income TTM and Revenue TTM) |
| FCF/TA: -0.43 > 0.02 and ΔFCF/TA -4.52 > 1.0 |
| NWC/Revenue: error (cannot be calculated; needs Current Assets/Liabilities and Revenue current+prev) |
| CFO/TA -0.02 > 3% & CFO -211.4m > Net Income -354.0m |
| Net Debt/EBITDA: error (EBITDA <= 0) |
| Current Ratio: 0.40 > 1.5 & < 3 |
| Outstanding Shares: last quarter (264.9m) vs 12m ago 1.73% < -2% |
| Gross Margin: error (current vs previous; cannot be calculated due to missing/invalid data or negative margin) |
| Asset Turnover: 0.0% > 50% (prev 0.11%; Δ -0.11% > 0%) |
| Interest Coverage Ratio: -1.20 > 6 (EBIT TTM -267.4m / Interest Expense TTM 222.1m) |
| A: -0.05 (Total Current Assets 487.5m - Total Current Liabilities 1.21b) / Total Assets 13.2b |
| B: -0.07 (Retained Earnings -896.4m / Total Assets 13.2b) |
| C: -0.03 (EBIT TTM -267.4m / Avg Total Assets 10.1b) |
| D: -0.00 (Book Value of Equity -30.7m / Total Liabilities 10.9b) |
| Altman-Z'' = -0.76 = CCC |
As of July 14, 2026, the stock is trading at USD 8.16 with a total of 2,169,491 shares traded. Over the past week, the price has changed by +5.41%, over one month by -4.88%, over three months by +6.11% and over the past year by -28.79%.
Current recommended Stop Loss: 7.50 (which is 8.1% or 1.5 ATR below the current price).
Nextdecade has received a consensus analysts rating of 3.50. Therefore, it is recommended to hold NEXT.
- StrongBuy: 0
- Buy: 1
- Hold: 1
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 9.4 | 15.2% |
P/B = 21.7636
Revenue TTM = 0.0 USD
EBIT TTM = -267.4m USD
EBITDA TTM = -255.5m USD
Long Term Debt = 9.36b USD (from longTermDebt, last quarter)
Short Term Debt = 1.29m USD (from shortTermDebt, last quarter)
Debt = 9.59b USD (from shortLongTermDebtTotal, last quarter) + Leases 118.9m
Net Debt = 9.13b USD (calculated: Debt 9.59b - CCE 465.1m)
Enterprise Value = 11.3b USD (2.16b + Debt 9.59b - CCE 465.1m)
Interest Coverage Ratio = -1.20 (Ebit TTM -267.4m / Interest Expense TTM 222.1m)
EV/FCF = -1.96x (Enterprise Value 11.3b / FCF TTM -5.75b)
FCF Yield = -50.91% (FCF TTM -5.75b / Enterprise Value 11.3b)
FCF Margin = unknown (Revenue TTM is 0 or missing)
Net Margin = unknown
Gross Margin = unknown ((Revenue TTM 0.0 - Cost of Revenue TTM 12.0m) / Revenue TTM)
Tobins Q-Ratio = 0.85 (Enterprise Value 11.3b / Total Assets 13.2b)
Interest Expense / Debt = 2.31% (Interest Expense 222.1m / Debt 9.59b)
Taxrate = 21.0% (US federal default 21%)
NOPAT = -211.3m (EBIT -267.4m * (1 - 21.00%)) [loss with tax shield]
Current Ratio = 0.40 (Total Current Assets 487.5m / Total Current Liabilities 1.21b)
Debt / Equity = -312.4 (out of range, set to none) (Debt 9.59b / totalStockholderEquity, last quarter -30.7m)
Debt / EBITDA = -35.72 (negative EBITDA) (Net Debt 9.13b / EBITDA -255.5m)
Debt / FCF = -1.59 (negative FCF - burning cash) (Net Debt 9.13b / FCF TTM -5.75b)
Total Stockholder Equity = 119.9m (last 4 quarters mean from totalStockholderEquity)
RoA = -3.52% (Net Income -354.0m / Total Assets 13.2b)
RoE = -295.3% (Net Income TTM -354.0m / Total Stockholder Equity 119.9m)
RoCE = -2.82% (EBIT -267.4m / Capital Employed (Equity 119.9m + L.T.Debt 9.36b))
RoIC = -1.76% (negative operating profit) (NOPAT -211.3m / Invested Capital 12.0b)
WACC = 3.39% (E(2.16b)/V(11.8b) * Re(10.29%) + D(9.59b)/V(11.8b) * Rd(2.31%) * (1-Tc(0.21)))
Discount Rate = 10.29% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 60.0 | Cagr: 1.83%
[DCF] Fair Price = unknown (Cash Flow -5.75b)
EPS Correlation: N/A | EPS CAGR: N/A | SUE: -0.08 | # QB: 0
Revenue Correlation: N/A | Revenue CAGR: N/A | SUE: 0.0 | # QB: 0
EPS current Quarter (2026-06-30): EPS=-0.52 | Chg30d=+0.00% | Revisions=+0% | Analysts=1
EPS next Quarter (2026-09-30): EPS=-0.55 | Chg30d=+0.00% | Revisions=+0% | Analysts=1
EPS current Year (2026-12-31): EPS=-1.25 | Chg30d=+40.80% | Revisions=-25% | GrowthEPS=-24.0% | GrowthRev=+0.0%
EPS next Year (2027-12-31): EPS=0.07 | Chg30d=-56.25% | Revisions=+25% | GrowthEPS=+105.6% | GrowthRev=+0.0%
[Analyst] Revisions Ratio: +0% (up=1, down=1)