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Nextdecade Corp logo

Nextdecade Corp

NEXT

NASDAQEnergyOil & Gas Exploration & Production

Open in GoAI

Previous close

$7.12

+$0.12 · +1.71%

Aug 21, 4:00 PM ET

NEXT company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Sell

Trim exposure — unfavorable risk-reward

Valuation

31

Expensive

Momentum

52

Neutral

Sentiment

54

Mixed

Risk resilience

38

High Risk

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Company profile

Company website

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.

Industry
Oil & Gas Exploration & Production
Sector
Energy
Headquarters
US
CEO
Matthew K. Schatzman
Listed since
Jun 16, 2015
Employees
360

Market position

Day range

Current $7.12

52-week range

Current $7.12

Open
$7.015
Previous close
$7.00
Volume
2.96M
1× average
Average volume
2.94M
Average daily volume
Market cap
1.9B USD
Beta
1.56
Market reference 1
50-day average
$7.3006
-2.47% below average
200-day average
$6.6707
+6.74% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
9.89B USD
P/E (TTM)
-5.24×
P/B (TTM)
-32.95×
P/S (TTM)
0×
EV / EBITDA
-30.17×
Earnings yield
-22.18%
Free cash flow yield
-363.07%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
0.00%
Operating margin
0.00%
Net margin
0.00%
Return on equity
-321.42%
Return on assets
-2.47%
Return on invested capital
-2.04%

Financial health

Debt / equity
-183.96×
Current ratio
0.54×

Financial statements

Income trends

Operating income

−225.93M USD-32.07%

Net income

−306.43M USD-396.24%
Income trends across reported periods9.19M USD−105.59M USD−220.36M USD−335.13M USDOperating income, FY2021: −19.51M USDOperating income, FY2022: −54.48M USDOperating income, FY2023: −122.67M USDOperating income, FY2024: −171.08M USDOperating income, FY2025: −225.93M USDNet income, FY2021: −22.04M USDNet income, FY2022: −60.07M USDNet income, FY2023: −162.26M USDNet income, FY2024: −61.75M USDNet income, FY2025: −306.43M USDFY2021FY2022FY2023FY2024FY2025
Operating income FY2021 −19.51M USD. Operating income FY2022 −54.48M USD. Operating income FY2023 −122.67M USD. Operating income FY2024 −171.08M USD. Operating income FY2025 −225.93M USD. Net income FY2021 −22.04M USD. Net income FY2022 −60.07M USD. Net income FY2023 −162.26M USD. Net income FY2024 −61.75M USD. Net income FY2025 −306.43M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Cost of goods sold12.12M USD12.71M USD6.31M USD162K USD184K USD
Gross profit−12.12M USD−12.71M USD−6.31M USD−162K USD−184K USD
Research and development8.01M USD8.26M USD4.89M USD4.1M USD1.62M USD
Selling, general, and administrative202.29M USD150.11M USD111.47M USD50.21M USD17.71M USD
Operating expenses213.81M USD158.37M USD116.36M USD54.31M USD19.32M USD
Interest income————2K USD
Interest expense170.01M USD87.54M USD84.66M USD5.75M USD—
Depreciation and amortization12.12M USD6.68M USD3.15M USD918K USD735K USD
Operating income−225.93M USD−171.08M USD−122.67M USD−54.48M USD−19.51M USD
Net income−306.43M USD−61.75M USD−162.26M USD−60.07M USD−22.04M USD

Company facts updated Aug 24, 2026.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Analyst price target

Average target

$7.75

8.85% upside
Past 12 months12-month forecastHigh $8.50Average $7.75Low $7.00

Rating distribution

9 ratings
Strong buy00%
Buy444%
Hold556%
Sell00%
Strong sell00%

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ETFs holding NEXT

Funds reporting this stock among their holdings, ordered by reported position size.

iShares Russell 2000 ETF logoiShares Russell 2000 ETFIWM
Market value
30.09M
Weight
0.04%
AUM
81.62B USD
Expense ratio
0.19%
Price / 1D
$299.96+0.77%
Vanguard Morningstar Total Stock Market ETF logoVanguard Morningstar Total Stock Market ETFVTI
Market value
25.45M
Weight
0.00%
AUM
2.3T USD
Expense ratio
0.03%
Price / 1D
$378.24+0.44%
MLP & Energy Infrastructure High Income ETF logoMLP & Energy Infrastructure High Income ETFMLPI
Market value
19.99M
Weight
2.23%
AUM
895M USD
Expense ratio
0.68%
Price / 1D
$53.86-0.81%
Vanguard Extended Market ETF logoVanguard Extended Market ETFVXF
Market value
10.88M
Weight
0.01%
AUM
93.7B USD
Expense ratio
0.05%
Price / 1D
$245.53+0.82%
Global X - MLP & Energy Infrastructure ETF logoGlobal X - MLP & Energy Infrastructure ETFMLPX
Market value
9.72M
Weight
0.27%
AUM
3.6B USD
Expense ratio
0.45%
Price / 1D
$74.36-1.35%
Vanguard Energy ETF logoVanguard Energy ETFVDE
Market value
9.11M
Weight
0.07%
AUM
12.4B USD
Expense ratio
0.09%
Price / 1D
$179.58-0.08%
iShares Russell 2000 Value ETF logoiShares Russell 2000 Value ETFIWN
Market value
8.98M
Weight
0.06%
AUM
14.66B USD
Expense ratio
0.24%
Price / 1D
$224.81+0.45%
Vanguard Russell 2000 ETF logoVanguard Russell 2000 ETFVTWO
Market value
6.36M
Weight
0.04%
AUM
17.4B USD
Expense ratio
0.06%
Price / 1D
$121.25+0.74%

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