NEXT trades 4.8% 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 June 22, 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 $7.35, this represents a potential downside of -4.8%. The company has a market capitalization of $1.95B.
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 -6.3x. Analysts expect EPS to grow -85.6% over the next year.
| Company | Market Cap | Price | Target | Upside Potential | Rating | Fwd P/E | Analysts |
|---|---|---|---|---|---|---|---|
NFENew Fortress Energy Inc. | $124M | $0.43 | $15.25 | +3421.1% | Buy | — | 16 |
GLNGGolar LNG Limited | $5.0B | $49.60 | $62.67 | +26.4% | Buy | 51.4x | 48 |
CLNEClean Energy Fuels Corp. | $410M | $1.86 | $3.50 | +88.2% | Buy | — | 22 |
LNGCheniere Energy, Inc. | $47.6B | $227.03 | $272.43 | +20.0% | Buy | — | 27 |
CQPCheniere Energy Partners, L.P. | $28.1B | $58.05 | $75.00 | +29.2% | Sell | 14.8x | 18 |
ETEnergy Transfer LP | $64.5B | $18.75 | $23.00 | +22.7% | Buy | 12.8x | 33 |
KMIKinder Morgan, Inc. | $70.3B | $31.59 | $36.67 | +16.1% | Hold | 21.6x | 34 |
DKNGDraftKings Inc. | $13.1B | $26.39 | $35.75 | +35.5% | Buy | 111.8x | 48 |
SRESempra | $59.3B | $90.69 | $106.20 | +17.1% | Buy | 17.7x | 26 |
HALHalliburton Company | $29.2B | $34.93 | $39.64 | +13.5% | Buy | 14.8x | 64 |
Quick answers to the most common questions about buying NEXT stock.
Wall Street's consensus price target for NEXT is $7, -4.8% from its current price of $7.35. The below-market target from 9 analysts suggests limited near-term appreciation.
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 -4.8% downside from current levels.
NEXT's current price is $7.35 with a consensus target of $7 (-4.8% implied move). Analyst estimates suggest the stock is fairly valued 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 (-4.8% 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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