Symbols / NEXT Stock $7.41 +0.82% NextDecade Corporation

Energy • Oil & Gas Equipment & Services • United States • NCM
NEXT (Stock) Chart
O: — H: — L: — C: — V: —
SMA 20: — SMA 50: — SMA 200: —
Stock Fundamentals
Scroll to Statements
Index EQUITY
Sector Energy
Industry Oil & Gas Equipment & Services
CEO Mr. Matthew K. Schatzman
Exch · Country NCM · United States
Market Cap 1.96B
Enterprise Value 13.67B
Income -354.04M
Sales —
FCF (ttm) -4.72B
Book/sh -0.12
Cash/sh 0.54
Employees 360
Insider 10d —
IPO Jun 16, 2015
Div forward ($/yr)
Div TTM ($/yr)
Dividend Yield
Ex-Div Date
5Y Avg Yield
Yield vs 5Y Avg
Payout 0.00%
P/E —
Forward P/E 105.86
PEG —
P/S —
P/B -63.88
P/C —
EV/EBITDA -60.06
EV/Sales —
Quick Ratio 0.12
Current Ratio 0.40
Debt/Eq 401.42
LT Debt/Eq —
EPS (ttm) -1.34
EPS next Y 0.07
EPS Growth —
Revenue Growth —
EPS Gr Q/Q —
Rev Gr Q/Q —
Earnings (next) 2026-07-30
Earnings (prior) 2026-05-01
ROA -1.42%
ROE -18.58%
ROIC —
Gross Margin 0.00%
Oper. Margin 0.00%
Profit Margin 0.00%
Shs Outstand 264.99M
Shs Float 128.49M
Insider Own 45.68%
Instit Own 44.54%
Short Float 14.38%
Short Ratio 6.43
Short Interest 21.07M
52W High 12.12
vs 52W High -38.86%
52W Low 4.75
vs 52W Low 56.00%
Beta 1.50
Impl. Vol. 59.86%
Rel Volume 1.26
Avg Volume 3.92M
Volume 4.94M
Target (mean) $9.40
Tgt Median $9.00
Tgt Low $7.00
Tgt High $12.00
# Analysts 5
Recom None
Prev Close $7.35
Price $7.41
Change 0.82%
About

NextDecade Corporation, an energy company, engages in the construction and development activities related to the liquefaction of natural gas in the United States. The company constructs and develops natural gas liquefaction and export facilities located in the Rio Grande Valley near Brownsville, Texas; and a carbon capture and storage project at the Rio Grande LNG Facility. It is also involved in the sale of LNG. NextDecade Corporation was founded in 2010 and is based in Houston, Texas.

Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$9.40
Mean price target
2. Current target
$7.41
Latest analyst target
3. DCF / Fair value
$-320.88
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$7.41
Low
$7.00
High
$12.00
Mean
$9.40

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-05-13 init Citigroup — → Buy $11
2026-04-21 main Morgan Stanley Equal-Weight → Equal-Weight $8
2026-02-24 main Morgan Stanley Equal-Weight → Equal-Weight $7
2025-09-15 down TD Cowen Buy → Hold $8
2025-09-12 down Morgan Stanley Overweight → Equal-Weight $10
2025-07-11 main Morgan Stanley Overweight → Overweight $15
2024-06-06 main TD Cowen Hold → Hold $9
2023-08-16 up Wolfe Research Peer Perform → Outperform $8
2023-08-15 up Stifel Hold → Buy $9
2022-10-26 main Morgan Stanley — → Overweight $10
2022-07-28 up Stifel Sell → Hold $6
2022-04-26 down Stifel Hold → Sell $4
2022-04-01 down Credit Suisse Outperform → Neutral $8
2022-02-16 main Morgan Stanley — → Overweight $5
2021-06-08 up Evercore ISI Group In-Line → Outperform $9
2021-06-07 up Morgan Stanley Equal-Weight → Overweight $6
2021-03-26 up Morgan Stanley Underweight → Equal-Weight $2
2021-03-24 up Credit Suisse Neutral → Outperform $3
2019-09-20 init Morgan Stanley — → Underweight $5
2019-09-18 init Evercore ISI Group — → Outperform $11
News
RSS: Latest NEXT news
Insider Transactions
Filed Date Insider Relationship Transaction Shares Price Value SEC
2026-06-15 STOVER DAVID L Director — 20,565 $0.00 $0
2026-03-23 BEALL PAMELA K. M. Director — 71,500 $7.07 $505,505
2026-01-30 SANDS DIANA L. Director — 40,642 $0.00 $0
2026-01-30 WELLS LOUIS SPENCER Director — 30,245 $0.00 $0
2026-01-30 BELKE BRIAN Director — 49,149 $0.00 $0
2026-01-30 SCOGGINS EDWARD ANDREW JR. Director — 30,245 $0.00 $0
2026-01-30 CHAPMAN FRANK JOSEPH Director — 30,245 $0.00 $0
2026-01-30 BEALL PAMELA K. M. Director — 30,245 $0.00 $0
2026-01-30 VRATTOS WILLIAM Director — 51,984 $0.00 $0
2025-12-12 HANWHA AEROSPACE CO., LTD Beneficial Owner of more than 10% of a Class of Security — 1,651,971 $5.54 $9,399,378
Financials
Statement View
Amounts in millions (2 decimals, no suffix) • EPS per share (2 decimals) • Trend = period evolution • YoY Growth = previous period %
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Revenue
0.00
0.00
0.00
0.00
Operating Revenue
0.00
0.00
0.00
0.00
Cost Of Revenue
12.12
-4.60%
12.71
+101.39%
6.31
+3794.44%
0.16
Reconciled Cost Of Revenue
12.12
-4.60%
12.71
+101.39%
6.31
+3794.44%
0.16
Gross Profit
-12.12
+4.60%
-12.71
-101.39%
-6.31
-3794.44%
-0.16
Operating Expense
213.81
+35.01%
158.37
+36.10%
116.36
+114.24%
54.31
Research And Development
8.01
-3.08%
8.26
+68.88%
4.89
+19.26%
4.10
Selling General And Administration
202.28
+34.76%
150.11
+34.67%
111.47
+121.99%
50.21
General And Administrative Expense
202.28
+34.76%
150.11
+34.67%
111.47
+121.99%
50.21
Other Gand A
202.28
+34.76%
150.11
+34.67%
111.47
+127.05%
49.09
Other Operating Expenses
3.52
—
—
—
Total Expenses
225.93
+32.07%
171.07
+39.46%
122.67
+125.18%
54.48
Operating Income
-225.93
-32.07%
-171.07
-39.46%
-122.67
-125.18%
-54.48
Total Operating Income As Reported
-225.93
-32.07%
-171.07
-39.46%
-122.67
-125.18%
-54.48
EBITDA
-327.97
-207.07%
306.33
+246.15%
-209.60
-254.33%
-59.15
Normalized EBITDA
-286.83
-24.22%
-230.90
-48.72%
-155.26
-190.72%
-53.41
Reconciled Depreciation
12.12
+81.58%
6.68
+112.07%
3.15
+242.92%
0.92
EBIT
-340.10
-213.50%
299.65
+240.85%
-212.75
-254.16%
-60.07
Total Unusual Items
-41.14
-107.66%
537.23
+1088.75%
-54.33
-845.43%
-5.75
Total Unusual Items Excluding Goodwill
-41.14
-107.66%
537.23
+1088.75%
-54.33
-845.43%
-5.75
Special Income Charges
-30.14
+38.89%
-49.31
-417.41%
-9.53
0.00
Other Special Charges
30.14
-38.89%
49.31
+417.41%
9.53
—
Net Income
-306.43
-396.24%
-61.75
+61.94%
-162.26
-170.12%
-60.07
Pretax Income
-429.64
-254.85%
277.45
+225.18%
-221.64
-268.96%
-60.07
Net Non Operating Interest Income Expense
-170.01
-94.21%
-87.54
-74.09%
-50.28
0.00
Interest Expense Non Operating
89.54
+303.28%
22.20
+149.61%
8.89
0.00
Net Interest Income
-170.01
-94.21%
-87.54
-74.09%
-50.28
0.00
Interest Expense
89.54
+303.28%
22.20
+149.61%
8.89
0.00
Interest Income Non Operating
—
—
—
—
Interest Income
—
—
—
—
Other Income Expense
-33.70
-106.29%
536.06
+1201.04%
-48.69
-770.03%
-5.60
Other Non Operating Income Expenses
7.45
+738.85%
-1.17
-120.65%
5.65
+3639.74%
0.15
Gain On Sale Of Security
-11.01
-101.88%
586.54
+1409.16%
-44.80
-679.59%
-5.75
Tax Rate For Calcs
0.00
-100.00%
0.00
0.00
0.00
Tax Effect Of Unusual Items
0.00
-100.00%
112.82
0.00
0.00
Net Income Including Noncontrolling Interests
-429.64
-254.85%
277.45
+225.18%
-221.64
-268.96%
-60.07
Net Income From Continuing Operation Net Minority Interest
-306.43
-396.24%
-61.75
+61.94%
-162.26
-170.12%
-60.07
Net Income From Continuing And Discontinued Operation
-306.43
-396.24%
-61.75
+61.94%
-162.26
-170.12%
-60.07
Net Income Continuous Operations
-429.64
-254.85%
277.45
+225.18%
-221.64
-268.96%
-60.07
Minority Interests
123.20
+136.32%
-339.20
-671.24%
59.38
0.00
Normalized Income
-265.29
+45.43%
-486.16
-350.45%
-107.93
-98.67%
-54.32
Net Income Common Stockholders
-306.43
-396.24%
-61.75
+66.21%
-182.75
-116.64%
-84.35
Diluted EPS
-1.17
-387.50%
-0.24
+74.47%
-0.94
-44.62%
-0.65
Basic EPS
-1.17
-387.50%
-0.24
+74.47%
-0.94
-44.62%
-0.65
Basic Average Shares
262.16
+1.40%
258.54
+32.86%
194.59
+49.53%
130.14
Diluted Average Shares
262.16
+1.40%
258.54
+32.86%
194.59
+49.53%
130.14
Diluted NI Availto Com Stockholders
-306.43
-396.24%
-61.75
+66.21%
-182.75
-116.64%
-84.35
Preferred Stock Dividends
—
—
20.48
-15.64%
24.28
Rent And Landing Fees
—
10.78
+75.46%
6.14
+448.79%
1.12
Rent Expense Supplemental
—
10.78
+75.46%
6.14
+448.79%
1.12
Total Other Finance Cost
80.47
+23.16%
65.34
+57.85%
41.39
—
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Assets
12,425.83
+94.03%
6,404.06
+92.67%
3,323.80
+963.85%
312.43
Current Assets
718.05
+74.04%
412.57
+31.17%
314.52
+391.92%
63.94
Cash Cash Equivalents And Short Term Investments
143.78
-2.94%
148.14
+287.38%
38.24
-39.10%
62.79
Cash And Cash Equivalents
143.78
-2.94%
148.14
+287.38%
38.24
-39.10%
62.79
Prepaid Assets
—
—
—
1.04
Restricted Cash
563.31
+130.27%
244.62
-4.53%
256.24
0.00
Hedging Assets Current
0.00
-100.00%
16.87
-6.08%
17.96
0.00
Other Current Assets
10.96
+272.44%
2.94
+40.88%
2.09
+81.81%
1.15
Total Non Current Assets
11,707.78
+95.41%
5,991.49
+99.10%
3,009.28
+1111.02%
248.49
Net PPE
10,730.80
+106.92%
5,186.09
+98.81%
2,608.56
+1085.06%
220.12
Gross PPE
10,733.69
+106.89%
5,188.06
+98.80%
2,609.73
+1080.20%
221.13
Accumulated Depreciation
-2.88
-45.80%
-1.98
-68.48%
-1.17
-16.70%
-1.01
Properties
—
—
0.00
0.00
Land And Improvements
—
—
—
—
Buildings And Improvements
—
—
170.83
+11489.35%
1.47
Machinery Furniture Equipment
10,563.03
+110.87%
5,009.24
+106.02%
2,431.39
+1133.31%
197.14
Construction In Progress
—
—
7.53
0.00
Other Properties
170.66
-4.57%
178.82
+0.27%
178.34
+692.36%
22.51
Leases
—
—
—
0.10
Goodwill And Other Intangible Assets
—
—
—
—
Non Current Deferred Assets
423.08
+33.13%
317.79
-18.45%
389.69
0.00
Other Non Current Assets
21.65
+39.19%
15.56
+41.16%
11.02
-61.16%
28.37
Total Liabilities Net Minority Interest
10,124.74
+117.28%
4,659.67
+80.37%
2,583.37
+901.08%
258.06
Current Liabilities
1,336.03
+124.51%
595.08
+7.73%
552.39
+2078.10%
25.36
Payables And Accrued Expenses
1,312.41
+126.75%
578.78
+7.19%
539.97
+2964.90%
17.62
Payables
443.95
+81.47%
244.64
+0.62%
243.13
+22328.87%
1.08
Accounts Payable
443.95
+81.47%
244.64
+0.62%
243.13
+22328.87%
1.08
Current Accrued Expenses
868.46
+159.91%
334.14
+12.56%
296.85
+1695.36%
16.53
Pensionand Other Post Retirement Benefit Plans Current
19.74
+47.04%
13.43
+44.82%
9.27
+39.40%
6.65
Current Debt And Capital Lease Obligation
3.88
+34.78%
2.88
-8.34%
3.14
+187.56%
1.09
Current Capital Lease Obligation
3.88
+34.78%
2.88
-8.34%
3.14
+187.56%
1.09
Other Current Liabilities
—
—
6.85
+3664.29%
0.18
Total Non Current Liabilities Net Minority Interest
8,788.71
+116.23%
4,064.59
+100.13%
2,030.98
+772.80%
232.70
Long Term Debt And Capital Lease Obligation
8,653.19
+112.89%
4,064.59
+107.14%
1,962.26
+421892.04%
0.47
Long Term Debt
8,510.92
+117.09%
3,920.43
+115.85%
1,816.30
—
Long Term Capital Lease Obligation
142.27
-1.32%
144.16
-1.23%
145.96
+31289.68%
0.47
Other Non Current Liabilities
—
—
1.82
-93.90%
29.79
Preferred Securities Outside Stock Equity
—
—
0.00
-100.00%
202.44
Stockholders Equity
95.34
-74.75%
377.64
+31.16%
287.92
+429.55%
54.37
Common Stock Equity
95.34
-74.75%
377.64
+31.16%
287.92
+429.55%
54.37
Capital Stock
0.03
+0.00%
0.03
+0.00%
0.03
+85.71%
0.01
Common Stock
0.03
+0.00%
0.03
+0.00%
0.03
+85.71%
0.01
Preferred Stock
0.00
0.00
0.00
0.00
Share Issued
269.70
+2.40%
263.39
+1.81%
258.70
+79.04%
144.49
Ordinary Shares Number
264.80
+1.73%
260.29
+1.48%
256.50
+78.75%
143.50
Treasury Shares Number
4.90
+58.06%
3.10
+40.91%
2.20
+121.98%
0.99
Additional Paid In Capital
893.13
+4.82%
852.05
+22.80%
693.88
+140.03%
289.08
Retained Earnings
-759.96
-67.57%
-453.52
-15.76%
-391.77
-70.23%
-230.14
Treasury Stock
37.86
+81.02%
20.92
+47.15%
14.21
+209.88%
4.59
Minority Interest
2,205.75
+61.39%
1,366.74
+202.04%
452.51
0.00
Total Equity Gross Minority Interest
2,301.09
+31.91%
1,744.39
+135.59%
740.43
+1261.82%
54.37
Total Capitalization
8,606.26
+100.24%
4,298.07
+104.26%
2,104.22
+3770.12%
54.37
Working Capital
-617.98
-238.60%
-182.51
+23.27%
-237.86
-716.59%
38.58
Invested Capital
8,606.26
+100.24%
4,298.07
+104.26%
2,104.22
+3770.12%
54.37
Total Debt
8,657.07
+112.84%
4,067.47
+106.95%
1,965.41
+126049.29%
1.56
Net Debt
8,367.14
+121.81%
3,772.29
+112.16%
1,778.06
—
Capital Lease Obligations
146.15
-0.61%
147.04
-1.38%
149.10
+9470.28%
1.56
Net Tangible Assets
95.34
-74.75%
377.64
+31.16%
287.92
+429.55%
54.37
Tangible Book Value
95.34
-74.75%
377.64
+31.16%
287.92
+429.55%
54.37
Derivative Product Liabilities
135.52
0.00
-100.00%
66.90
0.00
Financial Assets
532.25
+12.75%
472.06
0.00
—
Interest Payable
73.94
+80.75%
40.91
+100.62%
20.39
0.00
Preferred Stock Equity
—
—
—
202.44
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Operating Cash Flow
-169.40
-77.22%
-95.58
-29.84%
-73.62
-83.70%
-40.08
Cash Flow From Continuing Operating Activities
-169.40
-77.22%
-95.58
-29.84%
-73.62
-83.70%
-40.08
Net Income From Continuing Operations
-429.64
-254.85%
277.45
+225.18%
-221.64
-268.96%
-60.07
Depreciation Amortization Depletion
12.12
+81.58%
6.68
+112.07%
3.15
+242.92%
0.92
Depreciation
12.12
+81.58%
6.68
+112.07%
3.15
+242.92%
0.92
Depreciation And Amortization
12.12
+81.58%
6.68
+112.07%
3.15
+242.92%
0.92
Other Non Cash Items
109.67
+59.37%
68.82
+7.55%
63.99
+17975.99%
0.35
Stock Based Compensation
39.21
+96.97%
19.91
-25.03%
26.55
+255.37%
7.47
Operating Gains Losses
62.41
+112.77%
-488.55
-935.53%
58.47
+917.44%
5.75
Gain Loss On Investment Securities
32.27
+106.00%
-537.87
-1199.01%
48.94
+751.59%
5.75
Change In Working Capital
36.82
+83.02%
20.12
+585.73%
-4.14
-175.25%
5.50
Change In Prepaid Assets
-3.95
-362.65%
-0.85
+9.15%
-0.94
-199.36%
-0.31
Change In Payables And Accrued Expense
48.41
+110.18%
23.03
+861.93%
-3.02
-146.54%
6.50
Change In Accrued Expense
46.24
+83.10%
25.25
+456.71%
-7.08
-221.82%
5.81
Change In Payable
2.17
+197.66%
-2.22
-154.77%
4.06
+493.13%
0.68
Change In Account Payable
2.17
+197.66%
-2.22
-154.77%
4.06
+493.13%
0.68
Change In Other Current Liabilities
-7.64
-270.83%
-2.06
-1050.84%
-0.18
+73.60%
-0.68
Investing Cash Flow
-4,852.90
-88.52%
-2,574.20
-46.86%
-1,752.80
-4186.83%
-40.89
Cash Flow From Continuing Investing Activities
-4,852.90
-88.52%
-2,574.20
-46.86%
-1,752.80
-4186.83%
-40.89
Net PPE Purchase And Sale
-4,846.81
-88.75%
-2,567.80
-47.78%
-1,737.64
-5048.09%
-33.75
Purchase Of PPE
-4,846.81
-88.75%
-2,567.80
-47.78%
-1,737.64
-5048.09%
-33.75
Capital Expenditure
-4,846.81
-88.75%
-2,567.80
-47.78%
-1,737.64
-5048.09%
-33.75
Net Investment Purchase And Sale
—
—
—
—
Purchase Of Investment
—
—
—
—
Sale Of Investment
—
—
—
—
Net Other Investing Changes
-6.10
+4.79%
-6.40
+57.77%
-15.16
-112.53%
-7.13
Financing Cash Flow
5,336.63
+92.79%
2,768.07
+34.50%
2,058.11
+1641.19%
118.20
Cash Flow From Continuing Financing Activities
5,336.63
+92.79%
2,768.07
+34.50%
2,058.11
+1641.19%
118.20
Net Issuance Payments Of Debt
4,701.00
+115.15%
2,185.00
+18.11%
1,850.00
0.00
Issuance Of Debt
4,701.00
+33.43%
3,523.24
+69.14%
2,083.00
0.00
Repayment Of Debt
0.00
+100.00%
-1,338.24
-474.35%
-233.00
0.00
Long Term Debt Issuance
4,701.00
+33.43%
3,523.24
+69.14%
2,083.00
0.00
Long Term Debt Payments
0.00
+100.00%
-1,338.24
-474.35%
-233.00
0.00
Net Long Term Debt Issuance
4,701.00
+115.15%
2,185.00
+18.11%
1,850.00
0.00
Net Common Stock Issuance
0.00
0.00
-100.00%
254.40
+121.22%
115.00
Cash Dividends Paid
0.00
0.00
+100.00%
-0.05
+29.33%
-0.07
Proceeds From Stock Option Exercised
-16.95
-152.85%
-6.70
+30.38%
-9.63
-194.22%
-3.27
Net Other Financing Charges
652.57
+10.65%
589.78
+1710.93%
-36.61
-826.39%
-3.95
Changes In Cash
314.33
+219.81%
98.28
-57.58%
231.69
+522.20%
37.24
Beginning Cash Position
392.76
+33.38%
294.48
+369.00%
62.79
+145.73%
25.55
End Cash Position
707.09
+80.03%
392.76
+33.38%
294.48
+369.00%
62.79
Free Cash Flow
-5,016.20
-88.34%
-2,663.39
-47.05%
-1,811.26
-2353.31%
-73.83
Interest Paid Supplemental Data
—
3.56
-84.78%
23.36
—
Common Stock Issuance
0.00
0.00
-100.00%
254.40
+121.22%
115.00
Issuance Of Capital Stock
0.00
0.00
-100.00%
254.40
+102.71%
125.50
Net Preferred Stock Issuance
—
—
0.00
-100.00%
10.50
Preferred Stock Dividend Paid
0.00
0.00
+100.00%
-0.05
+29.33%
-0.07
Preferred Stock Issuance
—
—
0.00
-100.00%
10.50
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

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