NextDecade (NEXT) Expected to Post Earnings on Thursday

NextDecade (NASDAQ:NEXT) is expected to release its Q2 2026 results before the market opens on Thursday, July 30th. Analysts expect NextDecade to post earnings of ($0.6593) per share for the quarter. Individuals may visit the the company’s upcoming Q2 2026 earning report page for the latest details on the call scheduled for Thursday, July 30, 2026 at 9:00 AM ET.

NextDecade (NASDAQ:NEXT) last announced its quarterly earnings data on Thursday, April 30th. The company reported ($0.51) EPS for the quarter, beating the consensus estimate of ($0.66) by $0.15. On average, analysts expect NextDecade to post $-2 EPS for the current fiscal year and $-0 EPS for the next fiscal year.

NextDecade Stock Performance

NEXT stock opened at $6.14 on Wednesday. NextDecade has a twelve month low of $4.75 and a twelve month high of $11.61. The firm has a market cap of $1.63 billion, a price-to-earnings ratio of -4.58 and a beta of 1.51. The business’s fifty day simple moving average is $7.83 and its two-hundred day simple moving average is $6.94. The company has a quick ratio of 0.40, a current ratio of 0.40 and a debt-to-equity ratio of 3.96.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in NEXT. Adage Capital Partners GP L.L.C. lifted its stake in shares of NextDecade by 520.0% during the 2nd quarter. Adage Capital Partners GP L.L.C. now owns 1,550,000 shares of the company’s stock worth $13,810,000 after purchasing an additional 1,300,000 shares during the last quarter. Goldman Sachs Group Inc. grew its stake in NextDecade by 77.6% in the fourth quarter. Goldman Sachs Group Inc. now owns 1,676,336 shares of the company’s stock valued at $8,834,000 after purchasing an additional 732,550 shares during the last quarter. Qube Research & Technologies Ltd purchased a new position in NextDecade in the third quarter valued at about $4,935,000. Squarepoint Ops LLC grew its stake in NextDecade by 425.0% in the third quarter. Squarepoint Ops LLC now owns 790,009 shares of the company’s stock valued at $5,364,000 after purchasing an additional 639,534 shares during the last quarter. Finally, Bank of America Corp DE raised its holdings in NextDecade by 16.7% in the second quarter. Bank of America Corp DE now owns 3,102,352 shares of the company’s stock worth $27,642,000 after purchasing an additional 444,518 shares in the last quarter. 66.74% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of research analysts have recently commented on NEXT shares. The Goldman Sachs Group started coverage on shares of NextDecade in a report on Wednesday, July 15th. They issued a “neutral” rating and a $8.50 price target on the stock. Weiss Ratings reiterated a “sell (d-)” rating on shares of NextDecade in a report on Friday. Citigroup initiated coverage on shares of NextDecade in a research report on Wednesday, May 13th. They issued a “buy” rating and a $11.00 price objective for the company. Finally, Morgan Stanley raised their target price on shares of NextDecade from $7.00 to $8.00 and gave the stock an “equal weight” rating in a research report on Tuesday, April 21st. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, NextDecade currently has a consensus rating of “Hold” and a consensus price target of $8.10.

About NextDecade

NextDecade Corporation is a Houston?based liquefied natural gas (LNG) and decarbonization company focused on the development, engineering, construction and operation of large?scale LNG export facilities. The company’s core mission is to deliver cleaner energy solutions to global customers while integrating carbon capture and sequestration technologies to reduce greenhouse gas emissions. NextDecade’s projects are designed to leverage abundant U.S. natural gas supplies to meet growing worldwide demand for low?carbon fuel.

NextDecade’s flagship project, Rio Grande LNG, is located at the Port of Brownsville in southern Texas.