NextDecade (NEXT) Stock Forecast, Price Target & Predictions

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NEXT Stock Forecast

NextDecade stock forecast is as follows: an average price target of $13.00 (represents a 83.10% upside from NEXT’s last price of $7.10) 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 83.10% upside from NEXT's last price of $7.10.

NEXT Analyst Ratings

Buy

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%	83.10%
Aug 15, 2023	Benjamin Nolan	Stifel Nicolaus	$9.00	$5.53	62.75%	26.76%
May 02, 2022	Benjamin Nolan	Stifel Nicolaus	$4.50	$5.96	-24.50%	-36.62%
Apr 26, 2022	Benjamin Nolan	Stifel Nicolaus	$4.00	$6.06	-33.99%	-43.66%

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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 83.10% increase from NEXT last price ($7.10).

NextDecade Price Target by Period

	1M	3M	12M
# Anlaysts	-	-	1
Avg Price Target	-	-	$13.00
Last Closing Price	$7.10	$7.10	$7.10
Upside/Downside	-100.00%	-100.00%	83.10%

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 $7.10. 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

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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	-	-	-	-	-	-	-	1
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	-	-	-	-	-	-	-	1
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	-	-	-	-	-	-	-	1
Net Income	-	-	-	-	-	-	-	$-8.02M
Avg Forecast	$-116.72M	$-132.28M	$-101.16M	$-114.13M	$-49.28M	$-108.94M	$-36.42M	$-15.89M
High Forecast	$-116.72M	$-132.28M	$-101.16M	$-114.13M	$-15.56M	$-108.94M	$-36.42M	$-15.89M
Low Forecast	$-116.72M	$-132.28M	$-101.16M	$-114.13M	$-83.00M	$-108.94M	$-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	-	-	-	-	-	-	-	1
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	-	-	-	-	-	-	-	1
EPS	-	-	-	-	-	-	-	$-0.07
Avg Forecast	$-0.45	$-0.51	$-0.39	$-0.44	$-0.19	$-0.42	$-0.14	$-0.06
High Forecast	$-0.45	$-0.51	$-0.39	$-0.44	$-0.06	$-0.42	$-0.14	$-0.06
Low Forecast	$-0.45	$-0.51	$-0.39	$-0.44	$-0.32	$-0.42	$-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
GPRK	GeoPark	$8.21	$17.00	107.06%	Buy
NEXT	NextDecade	$7.10	$13.00	83.10%	Buy
MTDR	Matador Resources Company	$57.99	$73.11	26.07%	Buy
AR	Antero Resources	$31.19	$37.58	20.49%	Buy
CTRA	Coterra Energy	$25.61	$29.68	15.89%	Buy
CRC	California Resources	$57.48	$65.44	13.85%	Buy
GPOR	Gulfport Energy	$161.16	$170.40	5.73%	Buy
EQT	EQT	$43.31	$41.53	-4.11%	Buy
MGY	Magnolia Oil & Gas	$27.08	$25.06	-7.46%	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 83.10% from its last price of $7.1. 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 83.10% (from the last price of $7.1 to the average price target of $13), up by 83.10% based on the highest stock price target, and up by 83.10% based on the lowest stock price target.

Can NextDecade stock reach $11?

NEXT's average twelve months analyst stock price target of $13 supports the claim that NextDecade can reach $11 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 $-195M (high $-161M, low $-228M), average SG&A $0 (high $0, low $0), and average EPS is $-0.751 (high $-0.621, low $-0.881). 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 $-464M (high $-464M, low $-464M), average SG&A $0 (high $0, low $0), and average EPS is $-1.79 (high $-1.79, low $-1.79).