NextDecade (NEXT) Stock Forecast, Price Target & Predictions
NEXT Stock Forecast
NextDecade stock forecast is as follows: an average price target of $13.00 (represents a 169.15% upside from NEXT’s last price of $4.83) and a rating consensus of 'Buy', based on 7 wall street analysts offering a 1-year stock forecast.
NEXT Price Target
The average price target for NextDecade (NEXT) is $13.00 based on 1-year price targets from 7 Wall Street analysts in the past 3 months, with a price target range of $13.00 to $13.00. This represents a potential 169.15% upside from NEXT's last price of $4.83.
NEXT Analyst Ratings
According to 7 Wall Street analysts, NextDecade's rating consensus is 'Buy'. The analyst rating breakdown for NEXT stock is 0 'Strong Buy' (0.00%), 4 'Buy' (57.14%), 1 'Hold' (14.29%), 2 'Sell' (28.57%), and 0 'Strong Sell' (0.00%).
NextDecade Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Jun 13, 2024 | Benjamin Nolan | Stifel Nicolaus | $13.00 | $7.84 | 65.71% | 169.15% |
| Aug 15, 2023 | Benjamin Nolan | Stifel Nicolaus | $9.00 | $5.53 | 62.75% | 86.34% |
| May 02, 2022 | Benjamin Nolan | Stifel Nicolaus | $4.50 | $5.96 | -24.50% | -6.83% |
| Apr 26, 2022 | Benjamin Nolan | Stifel Nicolaus | $4.00 | $6.06 | -33.99% | -17.18% |
The latest NextDecade stock forecast, released on Jun 13, 2024 by Benjamin Nolan from Stifel Nicolaus, set a price target of $13.00, which represents a 65.71% increase from the stock price at the time of the forecast ($7.84), and a 169.15% increase from NEXT last price ($4.83).
NextDecade Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 1 |
| Avg Price Target | - | - | $13.00 |
| Last Closing Price | $4.83 | $4.83 | $4.83 |
| Upside/Downside | -100.00% | -100.00% | 169.15% |
In the current month, the average price target of NextDecade stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to NextDecade's last price of $4.83. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Jun 06, 2024 | Cowen & Co. | Hold | Hold | Hold |
| Aug 16, 2023 | Wolfe Research | - | Outperform | Upgrade |
| May 26, 2022 | BMO Capital | Outperform | Outperform | Hold |
| Apr 27, 2022 | HSBC | - | Sell | Downgrade |
| Apr 26, 2022 | Stifel Nicolaus | - | Sell | Downgrade |
| Jun 08, 2021 | Evercore ISI | - | Outperform | Upgrade |
| Jun 07, 2021 | Morgan Stanley | - | Overweight | Upgrade |
NextDecade's last stock rating was published by Cowen & Co. on Jun 06, 2024. The company gave NEXT a "Hold" rating, the same as its previous rate.
NextDecade Financial Forecast
NextDecade Revenue Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Dec 21 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - |
| Avg Forecast | - | - | - | - | - | - | - | $1.61M |
| High Forecast | - | - | - | - | - | - | - | $1.61M |
| Low Forecast | - | - | - | - | - | - | - | $1.61M |
| # Analysts | - | - | - | - | - | - | - | - |
| Surprise % | - | - | - | - | - | - | - | - |
NextDecade's average Quarter revenue forecast for undefined based on undefined analysts is $NaN, with a low forecast of $NaN, and a high forecast of $NaN. NEXT's average Quarter revenue forecast represents a NaN% decrease compared to the company's last Quarter revenue of $NaN (undefined).
NextDecade EBITDA Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Dec 21 | |
|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | - | - | - | - |
| EBITDA | - | - | - | - | - | - | - | $-7.84M |
| Avg Forecast | - | - | - | - | - | - | - | - |
| High Forecast | - | - | - | - | - | - | - | - |
| Low Forecast | - | - | - | - | - | - | - | - |
| Surprise % | - | - | - | - | - | - | - | - |
undefined analysts predict NEXT's average Quarter EBITDA for undefined to be $NaN, with a high of $NaN and a low of $NaN. This is NaN% lower than NextDecade's previous annual EBITDA (undefined) of $NaN.
NextDecade Net Income Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Dec 21 | |
|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | - | - | - | - |
| Net Income | - | - | - | - | - | - | - | $-8.02M |
| Avg Forecast | $-85.09M | $-87.67M | $-77.35M | $-85.09M | $-30.94M | $-41.42M | $-36.42M | $-15.89M |
| High Forecast | $-85.09M | $-87.67M | $-77.35M | $-85.09M | $-30.94M | $-11.83M | $-36.42M | $-15.89M |
| Low Forecast | $-85.09M | $-87.67M | $-77.35M | $-85.09M | $-30.94M | $-71.00M | $-36.42M | $-15.89M |
| Surprise % | - | - | - | - | - | - | - | 0.50% |
NextDecade's average Quarter net income forecast for undefined is $NaN, with a range of $NaN to $NaN. NEXT's average Quarter net income forecast represents a NaN% decrease compared to the company's last Quarter net income of $NaN (undefined).
NextDecade SG&A Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Dec 21 | |
|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | - | - | - | - |
| SG&A | - | - | - | - | - | - | - | $5.96M |
| Avg Forecast | - | - | - | - | - | - | - | - |
| High Forecast | - | - | - | - | - | - | - | - |
| Low Forecast | - | - | - | - | - | - | - | - |
| Surprise % | - | - | - | - | - | - | - | - |
NextDecade's average Quarter SG&A projection for Jun 24 is -, based on 0 Wall Street analysts, with a range of - to -. The forecast indicates a -100.00% fall compared to NEXT last annual SG&A of $5.96M (Dec 21).
NextDecade EPS Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Dec 21 | |
|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | - | - | - | - |
| EPS | - | - | - | - | - | - | - | $-0.07 |
| Avg Forecast | $-0.33 | $-0.34 | $-0.30 | $-0.33 | $-0.12 | $-0.16 | $-0.14 | $-0.06 |
| High Forecast | $-0.33 | $-0.34 | $-0.30 | $-0.33 | $-0.12 | $-0.05 | $-0.14 | $-0.06 |
| Low Forecast | $-0.33 | $-0.34 | $-0.30 | $-0.33 | $-0.12 | $-0.28 | $-0.14 | $-0.06 |
| Surprise % | - | - | - | - | - | - | - | 1.09% |
According to undefined Wall Street analysts, NextDecade's projected average Quarter EPS for undefined is $NaN, with a low estimate of $NaN and a high estimate of $NaN. This represents a NaN% decrease compared to NEXT previous annual EPS of $NaN (undefined).
NextDecade Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| NEXT | NextDecade | $4.83 | $13.00 | 169.15% | Buy |
| GPRK | GeoPark | $7.74 | $17.00 | 119.64% | Buy |
| MTDR | Matador Resources Company | $51.70 | $78.00 | 50.87% | Buy |
| AR | Antero Resources | $26.65 | $38.86 | 45.82% | Buy |
| SWN | Southwestern Energy Company | $6.35 | $8.85 | 39.37% | Hold |
| CTRA | Coterra Energy | $23.23 | $29.47 | 26.86% | Buy |
| EQT | EQT | $33.53 | $41.16 | 22.76% | Buy |
| CRC | California Resources | $52.31 | $64.00 | 22.35% | Buy |
| GPOR | Gulfport Energy | $147.99 | $171.50 | 15.89% | Buy |
| MGY | Magnolia Oil & Gas | $25.21 | $25.50 | 1.15% | Buy |
NEXT Forecast FAQ
Is NextDecade a good buy?
Yes, according to 7 Wall Street analysts, NextDecade (NEXT) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 4 'Buy' recommendations, accounting for 57.14% of NEXT's total ratings.
What is NEXT's price target?
NextDecade (NEXT) average price target is $13 with a range of $13 to $13, implying a 169.15% from its last price of $4.83. The data is based on 7 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will NextDecade stock go up soon?
According to Wall Street analysts' prediction for NEXT stock, the company can go up by 169.15% (from the last price of $4.83 to the average price target of $13), up by 169.15% based on the highest stock price target, and up by 169.15% based on the lowest stock price target.
Can NextDecade stock reach $7?
NEXT's average twelve months analyst stock price target of $13 supports the claim that NextDecade can reach $7 in the near future.
What are NextDecade's analysts' financial forecasts?
NextDecade's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $0 (high $0, low $0), average EBITDA is $0 (high $0, low $0), average net income is $-109M (high $-79.19M, low $-138M), average SG&A $0 (high $0, low $0), and average EPS is $-0.422 (high $-0.307, low $-0.537). NEXT's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $0 (high $0, low $0), average EBITDA is $0 (high $0, low $0), average net income is $-335M (high $-335M, low $-335M), average SG&A $0 (high $0, low $0), and average EPS is $-1.3 (high $-1.3, low $-1.3).