At the time of writing, NextDecade Corporation [NEXT] stock is trading at $10.77, up 16.94%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The NEXT shares have gain 17.83% over the last week, with a monthly amount glided 28.67%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
NextDecade Corporation [NASDAQ: NEXT] stock has seen the most recent analyst activity on June 24, 2025, when TD Cowen upgraded its rating to a Buy but kept the price target unchanged to $11 for it. Previously, TD Cowen reaffirmed its Buy rating on June 06, 2024, and elevated its price target to $9. On August 16, 2023, upgrade upgraded it’s rating to Outperform but maintained its price target of $8 on the stock. Stifel upgraded its rating to a Buy and increased its price target to $9 on August 15, 2023. Stifel upgraded its rating to a Hold and raised its price target to $6 on July 28, 2022. Stifel downgraded its rating to Sell for this stock on April 26, 2022, and upped its price target to $4. In a note dated April 01, 2022, Credit Suisse downgraded an Neutral rating on this stock and boosted its target price from $3 to $7.50.
For the past year, the stock price of NextDecade Corporation fluctuated between $4.27 and $9.71. Currently, Wall Street analysts expect the stock to reach $13 within the next 12 months. NextDecade Corporation [NASDAQ: NEXT] shares were valued at $10.77 at the most recent close of the market. An investor can expect a potential return of 20.71% based on the average NEXT price forecast.
Analyzing the NEXT fundamentals
To continue investigating profitability, this company’s Return on Assets is posted at -0.03, Equity is -0.36 and Total Capital is -0.03. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of15.52.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 9.81 points at the first support level, and at 8.85 for the second support level. However, for the 1st resistance point, the stock is sitting at 11.26, and for the 2nd resistance point, it is at 11.74.
Ratios To Look Out For
It is important to note that NextDecade Corporation [NASDAQ:NEXT] has a current ratio of 0.85. Further, the Quick Ratio stands at 0.85, while the Cash Ratio is 0.28.
Transactions by insiders
Recent insider trading involved HGC Next Inv LLC, 10% Owner, that happened on Jul 29 ’24 when 11.69 million shares were purchased. Director, York Capital Management Global completed a deal on Jul 25 ’24 to sell 35.07 million shares.
