NEXT trades 10.4% above Wall Street's consensus target of $7.00.
Last 12 months price action with 12-month analyst target path
The base valuation assumes NEXT achieves its forward estimates and maintains a stable P/E multiple of historical averagesx. This scenario reflects the blended consensus of 9 Wall Street analysts, balancing both positive catalysts and macroeconomic headwinds over the next 12 months.
As of July 8, 2026, NextDecade Corporation (NEXT) has a Wall Street consensus price target of $7.00, based on estimates from 9 covering analysts. With the stock currently trading at $7.81, this represents a potential downside of -10.4%. The company has a market capitalization of $2.07B.
Analyst price targets range from a low of $7.00 to a high of $7.00, representing a 0% spread in expectations. The median target of $7.00 aligns closely with the consensus average. The tight target dispersion indicates high conviction among analysts.
The current analyst consensus rating is Hold, with 4 analysts rating the stock as a Buy or Strong Buy,5 rating it Hold, and 0 rating it Sell or Strong Sell. The mixed ratings reflect uncertainty about near-term direction.
From a valuation perspective, NEXT trades at a trailing P/E of -6.7x. Analysts expect EPS to grow -62.4% over the next year.
| Company | Market Cap | Price | Target | Upside Potential | Rating | Fwd P/E | Analysts |
|---|---|---|---|---|---|---|---|
NFENew Fortress Energy Inc. | $105M | $0.37 | $15.25 | +4065.5% | Buy | — | 17 |
GLNGGolar LNG Limited | $5.1B | $50.49 | $62.67 | +24.1% | Buy | 52.4x | 48 |
CLNEClean Energy Fuels Corp. | $469M | $2.13 | $3.50 | +64.3% | Buy | — | 22 |
LNGCheniere Energy, Inc. | $53.4B | $255.00 | $272.43 | +6.8% | Buy | — | 27 |
CQPCheniere Energy Partners, L.P. | $30.8B | $63.69 | $75.00 | +17.8% | Sell | 16.2x | 18 |
ETEnergy Transfer LP | $68.2B | $19.81 | $23.00 | +16.1% | Buy | 13.3x | 33 |
KMIKinder Morgan, Inc. | $72.3B | $32.49 | $36.67 | +12.9% | Hold | 22.1x | 34 |
DKNGDraftKings Inc. | $13.3B | $26.91 | $35.65 | +32.5% | Buy | 115.0x | 48 |
SRESempra | $61.8B | $94.59 | $106.40 | +12.5% | Buy | 18.5x | 26 |
HALHalliburton Company | $28.2B | $33.79 | $40.09 | +18.6% | Buy | 14.3x | 64 |
Quick answers to the most common questions about buying NEXT stock.
NEXT's consensus price target is $7, -10.4% below the current price of $7.81. The 9 analysts tracking NEXT see downside risk at present valuations.
NEXT has a consensus rating of "Hold" based on 9 Wall Street analysts. The rating breakdown is mixed, with 5 Hold ratings making up the largest segment. The consensus 12-month price target of $7 implies -10.4% downside from current levels.
NEXT's current price is $7.81 with a consensus target of $7 (-10.4% implied move). Analyst estimates suggest the stock is overvalued at current levels.
The most bullish Wall Street analyst has a price target of $7 for NEXT, while the most conservative target is $7. The consensus of $7 represents the median expectation. These targets typically reflect 12-month expectations.
NEXT is moderately covered, with 9 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 4 have Buy ratings, 5 recommend Hold, and 0 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.
The 12-month NEXT stock forecast based on 9 Wall Street analysts shows a consensus price target of $7, with estimates ranging from $7 (bear case) to $7 (bull case). The median consensus rating is "Hold".
Analysts are cautious on NEXT, with 0 Sell ratings and a price target of $7 (-10.4% from current price). The "Hold" consensus suggests careful evaluation before buying. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.
NEXT analyst price targets range from $7 to $7, a 0% tight range reflecting strong analyst consensus. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $7 consensus represents the middle ground.
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