NEXT trades 46.6% below Wall Street's consensus target of $8.50.
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 November 8, 2026, Nextdecade Corp (NEXT) has a Wall Street consensus price target of $8.50, based on estimates from 9 covering analysts. With the stock currently trading at $5.80, this represents a potential upside of +46.6%. The company has a market capitalization of $1.54B.
Analyst price targets range from a low of $8.50 to a high of $8.50, representing a 0% spread in expectations. The median target of $8.50 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 -17.4x. Analysts expect EPS to grow -515.7% over the next year.
| Company | Market Cap | Price | Target | Upside Potential | Rating | Fwd P/E | Analysts |
|---|---|---|---|---|---|---|---|
 NFENew Fortress Energy Inc. | $26M | $4.49 | $15.25 | +239.6% | Buy | — | 17 |
 GLNGGolar LNG Limited | $4.4B | $43.07 | $68.67 | +59.4% | Buy | 36.3x | 48 |
 CLNEClean Energy Fuels Corp. | $421M | $1.91 | $2.38 | +24.6% | Buy | — | 22 |
 LNGCheniere Energy, Inc. | $58.2B | $277.95 | $310.60 | +11.7% | Buy | 23.0x | 27 |
 CQPCheniere Energy Partners, L.P. | $27.8B | $57.36 | $65.50 | +14.2% | Sell | 12.0x | 18 |
 ETEnergy Transfer LP | $69.4B | $20.16 | $25.50 | +26.5% | Buy | 11.6x | 34 |
 KMIKinder Morgan, Inc. | $66.7B | $29.96 | $37.67 | +25.7% | Buy | 19.0x | 34 |
 DKNGDraftKings Inc. | $9.2B | $18.51 | $32.33 | +74.7% | Buy | — | 48 |
 SRESempra | $51.1B | $78.17 | $95.06 | +21.6% | Buy | 15.2x | 26 |
 HALHalliburton Company | $26.6B | $31.84 | $43.10 | +35.4% | Buy | 13.7x | 64 |
Quick answers to the most common questions about buying NEXT stock.
The consensus Wall Street price target for NEXT is $8.5, representing 46.6% upside from the current price of $5.8. With 9 analysts covering the stock, this strong upside suggests significant value not yet reflected in today's share price.
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 $8.5 implies 46.6% upside from current levels.
NEXT's current price is $5.8 with a consensus target of $8.5 (46.6% implied move). Analyst estimates suggest the stock is undervalued at current levels.
The most bullish Wall Street analyst has a price target of $8.5 for NEXT, while the most conservative target is $8.5. The consensus of $8.5 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 $8.5, with estimates ranging from $8.5 (bear case) to $8.5 (bull case). The median consensus rating is "Hold".
Wall Street analysts are very optimistic on NEXT, with a "Hold" consensus rating and $8.5 price target (46.6% upside). 4 of 9 analysts rate it Buy or Strong Buy. 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 $8.5 to $8.5, a 0% tight range reflecting strong analyst consensus. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $8.5 consensus represents the middle ground.
Live VCP patterns, Cup & Handle overlays, support/resistance, and AI trade plans.
High-probability breakout stocks crossing their pivot across 5 pattern engines.
DCF models, multiple analysis, and analyst estimates.
10-year return with dividends reinvested.
Compare growth, multiples, and margins vs sector.