NextDecade (NASDAQ:NEXT) Shares Gap Down – What’s Next?

08 May 2026, 18:47 by Scott Moore · The Cerbat Gem

NextDecade Corporation (NASDAQ:NEXT – Get Free Report)’s share price gapped down prior to trading on Wednesday . The stock had previously closed at $7.89, but opened at $7.34. NextDecade shares last traded at $7.4480, with a volume of 435,228 shares traded.

Analyst Ratings Changes

A number of equities analysts have commented on NEXT shares. Weiss Ratings raised shares of NextDecade from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Monday, April 27th. TD Cowen cut their price target on shares of NextDecade from $7.00 to $6.00 and set a “hold” rating for the company in a research note on Thursday, March 5th. Morgan Stanley boosted their price target on shares of NextDecade from $7.00 to $8.00 and gave the stock an “equal weight” rating in a research note on Tuesday, April 21st. Finally, Capital One Financial began coverage on NextDecade in a research note on Friday, February 6th. They issued an “overweight” rating and a $7.00 target price on the stock. One research analyst has rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $7.00.

Get Our Latest Stock Report on NextDecade

NextDecade Trading Down 0.8%

The firm has a market cap of $2.00 billion, a P/E ratio of -5.64 and a beta of 1.65. The company has a debt-to-equity ratio of 3.96, a current ratio of 0.40 and a quick ratio of 0.54. The stock has a 50 day moving average of $6.98 and a 200 day moving average of $6.05.

NextDecade (NASDAQ:NEXT – Get Free Report) last released its earnings results on Friday, February 27th. The company reported ($0.88) EPS for the quarter, missing analysts’ consensus estimates of ($0.68) by ($0.20). As a group, equities research analysts predict that NextDecade Corporation will post -2.16 EPS for the current year.

Insider Buying and Selling

In other news, Director Pamela K.M. Beall bought 71,500 shares of NextDecade stock in a transaction that occurred on Monday, March 23rd. The shares were acquired at an average price of $7.07 per share, with a total value of $505,505.00. Following the completion of the purchase, the director directly owned 71,500 shares in the company, valued at $505,505. The trade was a ∞ increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available through this hyperlink. 1.80% of the stock is currently owned by corporate insiders.

Institutional Trading of NextDecade

Several institutional investors have recently added to or reduced their stakes in NEXT. Comerica Bank boosted its position in NextDecade by 88.0% during the first quarter. Comerica Bank now owns 4,060 shares of the company’s stock valued at $32,000 after buying an additional 1,900 shares during the period. AQR Capital Management LLC purchased a new stake in NextDecade during the first quarter valued at about $386,000. Millennium Management LLC boosted its position in NextDecade by 10.1% during the first quarter. Millennium Management LLC now owns 1,404,770 shares of the company’s stock valued at $10,929,000 after buying an additional 128,568 shares during the period. Caxton Associates LLP purchased a new stake in NextDecade during the first quarter valued at about $185,000. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its position in NextDecade by 13.9% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 277,307 shares of the company’s stock valued at $2,157,000 after buying an additional 33,941 shares during the period. 66.74% of the stock is currently owned by hedge funds and other institutional investors.

About NextDecade

(Get Free Report)

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.