NASDAQ · Oil & Gas Equipment & Services · USD

NextDecade Corporation (NEXT) Stock Analysis

NextDecade Corporation (NEXT) is a Oil & Gas Equipment & Services stock listed on NASDAQ and quoted in US Dollar.

Last Updated: October 21, 2026

$6.05

−$0.12 (−1.94%)

Oct 21, 2026 · Market close

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Price History

Hover for the daily close. The dotted line marks the period open.

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NEXT Key Statistics

As of Oct 21, 2026

Trading

Open: $6.15
Previous Close: $6.17
Day's Range: 6.03–6.25
52-Week Range: 4.75–9.24
Volume: 2.19M
Beta: 1.54

Valuation

Market Cap: $1.61B
P/E Ratio: unprofitable
Forward P/E: 6.51
EPS (ttm): −1.36

Financials (FY)

Revenue (FY): $0.00
Net Income (FY): −$306.43M
Shares Outstanding: 266.19M
1-Year Return: +1.17%

Dividend and dates

Earnings Date: October 29, 2026
Avg Volume: 2.70M

Only metrics the company reports are shown. Data provided by Yahoo Finance via yfinance. Updated daily.

Key facts

As of October 21, 2026, NEXT closed at $6.05, +1.17% over 1 year.

NextDecade Corporation (NEXT) has a market capitalization of $1.61B.

In fiscal 2025, NEXT reported revenue of $0.00.

NEXT Stock Return by Calendar Year

NextDecade Corporation (NEXT) 10-year return: what $10,000 became

1 year: $10,000 $10,117; +1.17%
5 years: $10,000 $18,168; +81.68%
10 years: $10,000 $6,002; −39.98%

If you had invested $10,000 in NextDecade Corporation (NEXT) 10 years ago, at the close on October 21, 2016, it would have been worth $6,002 at the close on October 21, 2026: −39.98% in total, −4.98% a year. A historical calculation from closing prices adjusted for splits and dividends, before fees and taxes.

Calendar-year returns computed from daily closing prices. Partial years are shown muted and marked with an asterisk.

−65.96%+73.33%+14.80%

2016*2017201820192020202120222023202420252026*

Year	Return
2026 (partial year)	+14.80%
2025	−31.65%
2024	+61.64%
2023	−3.44%
2022	+73.33%
2021	+36.36%
2020	−65.96%
2019	+13.70%
2018	−35.10%
2017	−17.79%
2016 (partial year)	+0.40%

As of October 21, 2026.

NEXT Revenue and Earnings by Fiscal Year

FY ends December

RevenueNet income

2022202320242025

Fiscal year	Revenue	Net income	Net margin
2025	$0.00	−$306.43M	—
2024	$0.00	−$61.75M	—
2023	$0.00	−$162.26M	—
2022	$0.00	−$60.07M	—

Fiscal year	Revenue	Gross profit	Operating income	Net income	Net margin
2025	$0.00	−$12.12M	−$225.93M	−$306.43M	—
2024	$0.00	−$12.71M	−$171.08M	−$61.75M	—
2023	$0.00	−$6.31M	−$122.67M	−$162.26M	—
2022	$0.00	−$162.00K	−$54.48M	−$60.07M	—

Annual figures as reported, in the company's reporting currency. As of December 31, 2025.

Recent News

News provided by third-party sources. Not financial advice.

Analysis

Data-derived

Company Overview

NextDecade Corporation (NEXT) is capitalised at $1.61B on the latest close. The company sits in the Energy sector, in the Oil & Gas Equipment & Services industry. Headcount on file is 360.

The 52-week range on file runs from $4.75 to $9.24. The most recent close on file for NEXT is $6.05, dated October 21, 2026. That is −$0.12 (−1.94%) against the previous close. The latest close sits 27.37% above that 52-week low.

Financial Health

Fiscal 2025 revenue came to $0.00. The same year closed with a net loss of $306.43M. Earnings per share on a trailing basis come to −1.36.

Across the 4 fiscal years on file, revenue moves from $0.00 in 2022 to $0.00 in 2025. Of those 4 years, 0 report positive net income.

Valuation Assessment

The record shows negative trailing earnings, so no price-to-earnings ratio is published. The forward P/E on file is 6.51.

The trailing one-year total return is +1.17%. Across 10 years the annualized return works out at −4.98%. The reported beta is 1.54. Annualized volatility over the trailing 10 years is 87.72%.

Growth & Income

The record shows no dividend for NEXT.

The strongest complete calendar year on file is 2022 at +73.33%; the weakest is 2020 at −65.96%. Of the 9 complete calendar years on file, 4 finished higher. So far in 2026 the total return is +14.80%.

Peer Comparison

NextDecade Corporation (NEXT) operates in the Oil & Gas Equipment & Services industry. Here is how it compares to its closest peers by market capitalization:

Company	Ticker	Market Cap	P/E Ratio
NextDecade Corporation	NEXT	$1.61B	—
SLB N.V.	SLB	$75.84B	24.7
Baker Hughes Company	BKR	$55.40B	18.0
Tenaris S.A.	TS	$29.62B	15.7

The Oil & Gas Equipment & Services industry average P/E ratio is 22.7x. NextDecade Corporation has no P/E ratio because it is not currently profitable.

Every figure above is read from this page's own data on each daily rebuild. Informational only, not financial advice. As of October 21, 2026.

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About NextDecade Corporation

NextDecade Corporation, an energy company, engages in the construction and development activities related to the liquefaction of natural gas in the United States. The company constructs and develops natural gas liquefaction and export facilities located in the Rio Grande Valley near Brownsville, Texas; and a carbon capture and storage project at the Rio Grande LNG Facility. It is also involved in the sale of LNG. NextDecade Corporation was founded in 2010 and is based in Houston, Texas.

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