Insider buying last 90 days
No open-market insider purchases were filed for NEXT in the last 90 days.
From Form 4 filings, dated to when each was filed.
Every NEXT insider filing, plotted on the chart in Gekko.Open NEXT in Gekko
NASDAQ: NEXT
NextDecade (NEXT) Stock Analysis & Forecast
Oct 12 close
$6.68+0.06 (+0.9%)
Gekko Brief
AI summaryOct 12 closeNextDecade set its third-quarter investor call for October 29 and separately confirmed results will release on November 5, framing the period as a checkpoint for the Rio Grande LNG project. This followed a smaller-than-expected Q2 loss of $0.25 per share against a consensus forecast of a $0.66 loss. Also during the week, an analyst piece pointed to early LNG volumes and long-term demand supporting expanding liquefaction capacity, with a reset price target framework based on projected revenue growth and margin assumptions, while the company announced the resignation of board member Giovanni Oddo, described as a routine governance change with a planned successor.
NEXT closed at $6.68, up 0.9%, sitting between its 50-day average of $6.96 and 200-day average of $6.88, a mixed trend signal. The stock is 27.92% below its 52-week high of $9.24, with 1-month returns of -12.6% and 3-month returns of -18.3%. The GekkoIndex reads 61.5, placing it in the Accumulation zone, though the index has slipped 5.1 over five days. Price sits 12.8% below Gekko Fair Value of $7.66.
Earnings are set for 29 October, 17 days away and inside a typical 20-trading-day hold, with an average absolute reaction of 4.9% historically and 4 beats across 8 quarters. Seasonality from this point has averaged +11.6% over the next 20 trading days across 5 years, though gains occurred in only 3 of them. No insider, Congress or unusual options activity appears in the current windows, and one trailblazer holder is noted. Two covering analysts currently rate the stock hold, with a consensus target of $8.70.
Written by AI from the Oct 12, 2026 close and checked automatically against the figures on this page.
NextDecade price vs fair value
Close $6.68200-day averageGekko Fair Value $7.66
NextDecade quick facts
- Market cap
- $1.78B
- P/E ratio
- —
- Forward P/E
- —
- EPS, TTM
- −$1.36
- Revenue, TTM
- $0
- Profit margin
- 0%
- Dividend yield
- —
- Beta
- 1.54
- Volume
- 1.39M avg 2.58M
- 1-year return
- −1.8%
- Typical daily move
- ±4.5%
- Typical 20-day move
- ±12.9%
- 50-day average
- $6.96
- 200-day average
- $6.88
- Next earnings
- Oct 29 before open
- Shares outstanding
- 266.2M
NextDecade swing-trade checklist
NextDecade scores 3 supportive, 1 mixed and 1 headwind across the 5 checklist items with data.
Six things swing traders check before a 20-day hold, read from the latest data.
3 supportive1 mixed1 headwind
- Trendmixed
Averages disagree
Close $6.68 sits between the 50-day ($6.96) and 200-day ($6.88) averages, or the averages disagree.
See the chart - GekkoIndexsupportive
61.5, Accumulation
Reading 61.5 is in the Accumulation zone.
See the GekkoIndex - Fair valuesupportive
12.8% below
Price is 12.8% below Gekko Fair Value (more than 5% below).
See fair value - Smart moneyno data
No data
No insider, Congress or unusual options activity in the window.
See smart money - Earnings riskheadwind
Reports in 17 days
Reports on Oct 29, 2026, 17 days away — inside a typical 20-trading-day hold.
See earnings - Seasonalitysupportive
+11.6% on average
From this point in the calendar, the next 20 trading days averaged +11.6% over 5 years, rising in 3 of them.
See seasonality
A description of current data, not a recommendation. How this page works
NextDecade stock chart and price history
NextDecade closed at $6.68 on Oct 12, 2026, −1.8% over the past year, inside a 52-week range of $4.75 to $9.24.
Close50-day average200-day averageVolume
Use the left and right arrow keys to read daily values.
Performance Breakdown
- 1 month
- −12.6%
- 3 months
- −18.3%
- 6 months
- −11.3%
- 1 year
- −1.8%
The full NEXT chart adds GekkoIndex, insider, options, Congress and hedge fund markers, plus TrendCandles™.Open NEXT in Gekko
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About NextDecade
NextDecade works in the natural gas space, focusing on turning natural gas into liquefied form for export. Its efforts center on building and developing facilities that handle this liquefaction process within the United States, and the company also sells the resulting liquefied natural gas. Among its notable undertakings is a liquefaction and export facility situated in the Rio Grande Valley, close to Brownsville, Texas.
Beyond liquefaction and export infrastructure, NextDecade is developing a carbon capture and storage project connected to its Rio Grande LNG Facility. This combination of building export capacity while pursuing emissions-related infrastructure reflects the dual nature of its activities, spanning both fuel export and environmental mitigation work.
NextDecade traces its founding to 2010 and operates out of Houston, Texas. Its shares trade on the NASDAQ under the ticker NEXT.
- Listed
- NASDAQ
- Sector
- Energy minerals
- Industry
- Oil & gas production
- Website
- next-decade.com
NextDecade GekkoIndex: the smart money zone
NextDecade’s GekkoIndex — Gekko’s 0 to 100 smart money score — reads 61.5, in the Accumulation zone, down 5.1 points over five sessions.
61.5Accumulation
Down 5.1 points over five sessions.
Reading for Oct 12, 2026
What followed past readings in each zone
| Zone | Readings | 5 days | 20 days | ||
|---|---|---|---|---|---|
| Buying | 44 | +0.7% | −1.1% | ||
| Accumulation (current zone) | 181 | +0.8% | +1.1% | ||
| Neutral | 410 | +0.9% | +4.1% | ||
| Distribution | 46 | −1.6% | −4.5% | ||
| Selling | 1 | Too few readings yet | |||
Average NEXT share-price change over the trading days after each daily reading in its GekkoIndex history. Across every stock Gekko tracks, Accumulation readings averaged +2.2% over 20 days. Past behaviour doesn’t guarantee future results.
Accumulation zone: Institutional interest building. About the five zones →
See every daily GekkoIndex reading plotted over the NEXT price, zone by zone.Track NEXT in Gekko
Is NextDecade stock overvalued? Gekko Fair Value
NextDecade trades 12.8% below Gekko Fair Value of $7.66, so the shares are undervalued on Gekko’s estimate.
Gekko’s own estimate of what NextDecade shares are worth, recalculated every trading day.
$7.66
Gekko Fair Value, Oct 10, 2026
12.8% Undervalued
At the end of Aug 2026 the price was 11.8% below the estimate.
Gekko Fair ValueShare price, month end
Gekko Fair Value on every chart, with the gap to price updating daily.Open NEXT in Gekko
NextDecade insider and Congress trading
No open-market insider purchases were filed for NextDecade, and no Congress trades were disclosed, in the last 90 days.
Plus buybacks, unusual options and fund positions, each dated to when it became public.
Congress trades last 90 days
No trades in NEXT were disclosed by members of Congress in the last 90 days.
From congressional disclosures, which report amounts as ranges.
Congress disclosures for NEXT, plotted on the chart in Gekko.Open NEXT in Gekko
Buybacks
NextDecade has been buying back its own shares.
- Bought back, quarter ended Jun 30, 2026
- $18K
- As a share of market cap
- 0.00%
- Trailing four quarters
- $16.89M
From company filings.
Hedge funds and billionaires quarter ended Jun 30
1of the funds Gekko tracks holds NEXT.
0added0opened1trimmed0sold out
Which funds are on each side, name by name.Unlock in Gekko
NextDecade earnings: next date and track record
NextDecade reports on Oct 29, 2026, before the open (17 days away), and beat the EPS estimate in 4 of its last 8 reports.
Next earnings report
Oct 29, 2026
Expected before the open, 17 days away
- EPS estimate
- −$0.71
4 of 8reports beat the EPS estimate
±4.9%average move across the report
7 of 8reports followed by a gain
Share-price move across each report
Last earnings call, Jul 30, 2026 AI summary
- What they said
- NextDecade provided an operational and financing update for Rio Grande LNG Phase 1 and discussed commercial outlook for future trains. Management introduced a new CFO and highlighted progress toward commissioning: main substation energized, over 100 operational employees seconded to Bechtel, LNG tank and pipeline works advancing, and first gas expected in H2 2026 with first LNG from Train 1 in H1 2027. The company completed two key financings—a $1 billion term loan and a $3.5 billion 144A senior secured note issuance—improving its debt maturity profile and earning BBB- ratings on the Phase 1 notes. Management emphasized active marketing for uncontracted volumes (Train 6+) with increased buyer interest following geopolitical supply disruptions, and reiterated expectations to narrow production timing guidance in Q4. Discussion covered gas supply pricing (Agua Dulce/Houston Ship Channel discount to Henry Hub), potential SPA pricing range (approx. 115% of Henry Hub or $2.50–$3 starting point for some contracts), the possibility of locking long-term feed gas discounts, and potential opportunistic purchases of partner interests in later trains. Management was confident on labor availability and commissioning progress and noted continued focus on safety and reliability.
- Guidance
- Operational timing: First gas expected in H2 2026; first LNG from Train 1 expected in H1 2027. Management expects to narrow the forecast window for first LNG in Q4 2026. Commercial/contracting: management expects SPA activity over the next six months and indicated target SPA economics in the intermediate term of roughly 115% of Henry Hub (approx. $2.50–$3/mmBtu as a reference). Financial: CFO disclosed completed financings (term loan and $3.5B 144A notes) and noted flexibility to finance Train 6 and further expansion. Capital structure: aiming for ~75% project-level debt for Train 6 FID.
- Risks flagged
- Geopolitical risks (Middle East conflict, Ukraine) and associated market volatility; commodity price volatility and backwardation affecting contractability and margin realizations; interest rate and construction cost inflation which could raise project costs and financing costs; lender underwriting limits (project-level leverage constrained around ~75%); basis risk on gas sourcing (Ship Channel vs Henry Hub) and potential variability in producer willingness to lock long-term basis discounts; potential labor/craft competition in Gulf region (though management states not an issue currently).
| Reported | EPS | Revenue | Move |
|---|---|---|---|
| Jul 30, 2026 | −$0.69 est −$0.87 | — | +6.0% |
| May 1, 2026 | −$0.51 est −$0.49 | — | +8.8% |
| Mar 2, 2026 | −$0.89 est −$0.47 | — | +4.1% |
| Oct 30, 2025 | −$0.42 est −$0.54 | — | +1.0% |
| Jul 31, 2025 | −$0.29 est −$0.12 | — | −2.1% |
| May 6, 2025 | −$0.34 est −$0.25 | — | +0.3% |
| Feb 27, 2025 | $0.25 est −$0.06 | $7.78M | +13.4% |
| Nov 7, 2024 | $0.80 est −$0.06 | — | +3.4% |
“Move” is the close of the first session after the report compared with the close of the last session before it, so it reads the same whether the company reported before the open or after the close.
NextDecade stock forecast and analyst price targets
Analysts’ average 12-month price target for NextDecade is $8.70, +30.2% from the last close, from 2 firms rating the stock in the last 90 days.
$8.70consensus 12-month target, +30.2% from the last close
Now $6.68Avg $8.70
Low $8High $8.50
Each firm’s latest rating in the last 90 days: 2 firms.
Latest analyst actions
| Date | Firm | Target | vs price |
|---|---|---|---|
| Sep 25 | Morgan Stanley | $8 | +19.8% |
| Sep 25 | Morgan Stanley | $8 | +19.8% |
| Sep 10 | Goldman Sachs | $8.50 | +27.2% |
| Jul 22 | Morgan Stanley | $8 | +19.8% |
| Jul 16 | Goldman Sachs | $8.50 | +27.2% |
+1.1%average 20-day move after past Accumulation readings
+11.6%average move over the next 20 trading days in the last 5 years
±4.5%typical daily move, from the 14-day average range
Gekko doesn’t publish price predictions. These are analyst targets and historical base rates, which don’t guarantee future results.
NextDecade seasonality: the next 20 trading days
Over the next 20 trading days from Oct 10, NextDecade averaged +11.6% across the last 5 years, rising in 3 of them.
Next 20 trading days, by year
Average move and hit rate
| Window | Average | Years higher |
|---|---|---|
| Next 5 trading days | +0.3% | 2 of 5 |
| Next 10 trading days | +2.9% | 3 of 5 |
| Next 15 trading days | +7.1% | 3 of 5 |
| Next 20 trading days | +11.6% | 3 of 5 |
| Next 30 trading days | +6.9% | 3 of 5 |
For scale, NEXT’s typical 20-trading-day move in either direction is about 12.9%.
NextDecade market cap and key statistics
NextDecade’s market cap is $1.78B and revenue of $0 over the last twelve months.
Valuation
- Market cap
- $1.78B
- EPS, TTM
- −$1.36
- Gekko Fair Value
- $7.66
Trading
- Volume
- 1.39M
- Avg volume, 20 days
- 2.58M
- 52-week high
- $9.24
- 52-week low
- $4.75
- Shares outstanding
- 266.2M
Financials
- Revenue, TTM
- $0
- Profit margin
- 0%
- Return on equity
- -15.8%
- Quarterly earnings growth, YoY
- 0.0%
Risk and income
- Beta
- 1.54
- Typical daily move
- ±4.5%
- Typical 20-day move
- ±12.9%
NextDecade stock news this week
Coverage of NextDecade this week reads neutral: 2 positive, 3 neutral and 0 negative headlines.
- NextDecade stock sets October 29 results callAD HOC NEWS, Oct 7
- Press Release: NextDecade Announces Timing of Third Quarter 2026 Investor CallMoomoo, Oct 7
- NextDecade Announces Timing of Third Quarter 2026 Investor CallBusiness Wire, Oct 7
- NextDecade stock posts a smaller Q2 loss than analysts expectedAD HOC NEWS, Oct 6
- NEXT - Early LNG Volumes And Long Term Demand Will Support Expanding Liquefaction CapacitySimply Wall Street, Oct 5
- NextDecade Announces Board Resignation and Planned SuccessorThe Globe and Mail, Oct 5
NextDecade peers
NextDecade’s 6 largest industry peers by market value, with today’s move, GekkoIndex zone and gap to Gekko Fair Value.
| Stock | GekkoIndex zone | vs Fair Value |
|---|---|---|
| COPConocoPhillips | Neutral | 32.8% below |
| FANGDiamondback Energy | Neutral | 11.2% above |
| ARAntero Resources | Neutral | 22.1% below |
| RRCRange Resources | Neutral | 2.2% above |
| SMSM Energy | Neutral | 16.9% above |
| MGYMagnolia Oil & Gas | Accumulation | 28.6% below |
A peer links to its own page where one exists.
NextDecade stock FAQ
What is NextDecade’s market cap?
NextDecade’s market cap is $1.78B at the Oct 12, 2026 close of $6.68, with 266.2M shares outstanding.
What is the NextDecade stock forecast?
The consensus analyst 12-month price target for NextDecade is $8.70, +30.2% from the last close. Of the 2 firms that rated the stock in the last 90 days, 0 rate it a buy, 2 a hold and 0 a sell. Gekko doesn’t publish price predictions of its own.
Is NextDecade stock overvalued or undervalued?
On Gekko’s estimate NextDecade is undervalued: the Oct 12, 2026 close of $6.68 is 12.8% below Gekko Fair Value of $7.66. Gekko Fair Value is recalculated every trading day, and a gap inside 5% either way counts as about fair value.
When does NextDecade report earnings next?
NextDecade is expected to report on Oct 29, 2026, before the market opens (17 days away). Analysts expect earnings of −$0.71 per share. NextDecade beat the earnings estimate in 4 of its last 8 reports, moving 4.9% on average across the report.
What is NextDecade’s 52-week high and low?
NextDecade’s 52-week high is $9.24 and its 52-week low is $4.75; it closed at $6.68 on Oct 12, 2026, −1.8% over the past year. Over the last five years the shares peaked at $12.12 on Jul 18, 2025.
Is NextDecade stock a buy right now?
Gekko describes the data; it does not make buy or sell recommendations. On the swing-trade checklist, 3 of the 5 items with data read as supportive (gekkoindex, fair value and seasonality), 1 as mixed (trend) and 1 as a headwind (earnings risk). The checklist is a description of current data, not a recommendation.
How this page works
During US trading hours the price at the top of the page is a delayed quote, refreshed every 15 minutes; everything else is rebuilt after each US market close. The GekkoIndex, Gekko Fair Value and the checklist are Gekko’s own, and the Gekko Brief is written by AI from this page’s data and checked against it before it is published. How Gekko’s data works →
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