NextDecade Corporation (NEXT) Stock Analysis

Company Overview

NextDecade Corporation (NEXT) is capitalised at $1.95B 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 $10.84. The most recent close on file for NEXT is $7.34, dated September 4, 2026. That is −$0.08 (−1.08%) against the previous close. The latest close sits 54.53% 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. Profit margin runs at 0%. That is 4.9 percentage points below the Oil & Gas Equipment & Services median of 4.89%. Earnings per share on a trailing basis come to −1.35.

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 112.92.

The trailing one-year price return is −29.83%. Across 10 years the annualized return works out at −3.09%. The reported beta is 1.57. Annualized volatility over the trailing 10 years is 87.56%.

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 price is +39.28%.