Market Cap
$1.7B
NEXT
NextDecade Corp
$6.39 ▲ +1.27%
Prev close $6.31Market cap$1.7B
ConsensusBuy
12-mo target$8.70 (+36.2%)
▲ Bullish
Analyst conviction 7/10
26 New Institutional Positions12 Institutional Exits Traditional Energy
Snapshot
The big-picture read on NEXT right now — valuation, ownership and activity at a glance.
Cap Size
Small Cap
Analyst Consensus
Buy (67%)
Inst. Holders
50 funds
Inst. Value
$737.6M
Inst. Activity
26 buys / 12 sells
Insider Activity
$505.5K buy / $0.00 sell
Insider Net $
$505.5K
Social Sentiment
54° Neutral
SEC Reports
4
Price chart 30d -14.1%
Daily candles (open–high–low–close) with volume. Green = up day, red = down day.
No data for this timeframe.
Vol
Recent activity
The latest filings, insider trades, analyst actions, press and options flow — newest first.
Oct 1, 2026 short_volume
Short Volume: NEXT — 68.4% short (0.6M / 0.9M)
Short: 612,132 | Exempt: 943 | TRF Vol: 894,652 | Short Ratio: 68.4% | Off-exchange volume (dark poo
Sep 9, 2026 Insider
de Gyarfas Vera surrendered for taxes 15,463 shares
General Counsel @ $7.54 ($116.6K)
Sep 9, 2026 Insider
Schatzman Matthew K surrendered for taxes 69,583 shares
Chief Executive Officer @ $7.54 ($524.7K)
Sep 9, 2026 Insider
Skeik Tarik surrendered for taxes 7,732 shares
Chief Operating Officer @ $7.54 ($58.3K)
Jun 30, 2026 Inst.
Kestra Advisory Services, LLC — NEW
1,464,047 shares ($11.0M)
Jun 30, 2026 Inst.
Jun 11, 2026 SEC JPMORGAN CHASE & CO — DOUBLED
1,349,621 shares ($10.0M)
David Stover filed a Form 3 initial statement of beneficial ownership with NextDecade Corp, reporting zero shares of com
3 — Impact 1/10
NextDecade Corp appointed John Zuklic as CFO, effective July 6, 2026, replacing the prior CFO. The filing also reports s
8-K — Impact 2/10
Analyst ratings buy % +0.0%
How Wall Street rates the stock today, and the latest firm-by-firm actions.
67% rate it Buy or better · 12 analysts
Recent analyst actions
| Date | Firm | Action | Rating | Firm rating |
|---|---|---|---|---|
| Jul 16, 2026 | Goldman Sachs | INITIATE | Neutral | 54% |
| May 13, 2026 | Citigroup | INITIATE | Buy | 55% |
| Apr 21, 2026 | Morgan Stanley | MAINTAIN | Equal-Weight | 55% |
Monthly consensus history
| Period | Str. Buy | Buy | Hold | Sell | Str. Sell | Buy % | Distribution |
|---|---|---|---|---|---|---|---|
| Sep 1, 2026 | 3 | 5 | 4 | 0 | 0 | 67% | |
| Aug 1, 2026 | 3 | 5 | 3 | 0 | 0 | 73% | |
| Jul 1, 2026 | 3 | 5 | 3 | 0 | 0 | 73% | |
| Jun 1, 2026 | 3 | 5 | 3 | 0 | 0 | 73% | |
| May 1, 2026 | 2 | 5 | 3 | 0 | 0 | 70% | |
| Apr 1, 2026 | 2 | 5 | 3 | 0 | 0 | 70% | |
| Mar 1, 2026 | 2 | 5 | 3 | 0 | 0 | 70% | |
| Feb 1, 2026 | 2 | 4 | 3 | 0 | 0 | 67% |
Price targets
Where 5 covering analysts think NEXT trades over the next 12 months.
$8.70 +36.2% upside Strong Buy
Current$6.39 Low$7.00 Median$8.50 High$11.00 5 analysts
$7.00$11.00
Analyst rating Buy· 2.2/5 as of Oct 2, 2026
Social media sentiment mood +21.2%
Retail-investor mood aggregated across social media. 0° = very bearish, 100° = very bullish.
54°
Neutral
BearishNeutralBullish
Reports & filings
AI-scored summaries of recent SEC filings and press releases, with sentiment and impact.
4 SEC filing reports analyzed · 0 bullish, 0 bearish, 0 mixed, 4 neutral · avg impact 2.0/10.
NEUTRAL31/10
David Stover filed a Form 3 initial statement of beneficial ownership with NextDecade Corp, reportin
Jun 11, 2026
NEUTRAL8-K2/10
NextDecade Corp appointed John Zuklic as CFO, effective July 6, 2026, replacing the prior CFO. The f
Jun 5, 2026
NEUTRALDEFA14A2/10
NextDecade Corp filed a DEFA14A to correct a scrivener's error in its definitive proxy statement — t
May 19, 2026
NEUTRAL8-K3/10
NextDecade Corp announced an amended and restated employment agreement with CEO Matthew Schatzman, e
Apr 15, 2026
Upcoming & catalyst events
Scheduled dates plus disclosed catalysts — earnings, dividends, enforcement, FDA and clinical-trial events. Colored dot = impact.
Oct 1, 2026
short_volume
Short Volume: NEXT — 68.4% short (0.6M / 0.9M)
Short: 612,132 | Exempt: 943 | TRF Vol: 894,652 | Short Ratio: 68.4% | Off-exchange volume (dark pool + OTC)
Sep 30, 2026
short_volume
Short Volume: NEXT — 63.6% short (0.6M / 1.0M)
Short: 644,768 | Exempt: 25 | TRF Vol: 1,014,004 | Short Ratio: 63.6% | Off-exchange volume (dark pool + OTC)
Sep 29, 2026
short_volume
Short Volume: NEXT — 77.8% short (1.0M / 1.3M)
Short: 1,001,797 | Exempt: 837 | TRF Vol: 1,288,476 | Short Ratio: 77.8% | Off-exchange volume (dark pool + OTC)
Sep 28, 2026
short_volume
Short Volume: NEXT — 59.5% short (0.6M / 1.1M)
Short: 627,943 | Exempt: 100 | TRF Vol: 1,055,743 | Short Ratio: 59.5% | Off-exchange volume (dark pool + OTC)
Sep 25, 2026
short_volume
Short Volume: NEXT — 66.2% short (0.7M / 1.1M)
Short: 710,664 | Exempt: 450 | TRF Vol: 1,073,667 | Short Ratio: 66.2% | Off-exchange volume (dark pool + OTC)
Earnings estimates
Forecast earnings per share and revenue by period — and whether estimates are rising.
| Period | EPS Est. | Range | Growth | 30d Rev | Up/Dn | Revenue | # |
|---|---|---|---|---|---|---|---|
| Current Q | $-0.53 | $-0.53–$-0.53 | -293.8% | +3.6% | 1↑ 0↓ | $0.0B | 1 |
| Next Q | $-0.80 | $-1.17–$-0.58 | -342.7% | -6.2% | 1↑ 1↓ | $0.0B | 3 |
| Current FY | $-2.10 | $-2.10–$-2.10 | -107.5% | +0.0% | 1↑ 0↓ | $0.0B | 1 |
| Next FY | $0.15 | $0.15–$0.15 | 107.1% | +130.8% | 0↑ 1↓ | $2.4B | 1 |
Current-quarter EPS estimate — revision history
| When | EPS estimate | Change vs now |
|---|---|---|
| Current | $-0.530 | — |
| 7d ago | $-0.550 | +0.020 |
| 30d ago | $-0.550 | +0.020 |
| 60d ago | $-0.550 | +0.020 |
| 90d ago | $-0.550 | +0.020 |
Institutional ownership
Which big funds own NEXT (from quarterly 13F filings) and who is adding or trimming.
50 institutional holders with $737.6M total value (97,850,317 shares) as of 2026-Q2. Top holders: BlackRock,, Mubadala, VANGUARD. Net buying activity: 26 institutions added/increased vs 12 reduced.
Top holders — 2026-Q2
| Fund | Shares | Value | % Tracked | Last move |
|---|---|---|---|---|
| BlackRock, Inc. | 23,820,718 | $179.6M | 24.4% | — |
| Mubadala Investment Co PJSC | 14,206,376 | $107.1M | 14.5% | — |
| VANGUARD CAPITAL MANAGEMENT LLC | 5,530,334 | $41.7M | 5.7% | — |
| CITADEL ADVISORS LLC | 4,571,200 | $34.5M | 4.7% | NEAR_EXIT -88.6% |
| GEODE CAPITAL MANAGEMENT, LLC | 4,251,461 | $32.1M | 4.3% | — |
| STATE STREET CORP | 3,799,466 | $28.6M | 3.9% | — |
| JANE STREET GROUP, LLC | 2,896,000 | $21.8M | 3.0% | — |
| VANGUARD PORTFOLIO MANAGEMENT LLC | 2,483,302 | $18.7M | 2.5% | — |
| MILLENNIUM MANAGEMENT LLC | 2,254,323 | $17.0M | 2.3% | DOUBLED +188.2% |
| NEOS Investment Management LLC | 2,158,224 | $16.3M | 2.2% | DOUBLED +1741.0% |
Recent position changes
| Fund | Action | Prev | Current | Change | Value |
|---|---|---|---|---|---|
| Kestra Advisory Services, LLC | NEW | — | 1,464,047 | — | $11.0M |
| JPMORGAN CHASE & CO | DOUBLED | 166,540 | 1,349,621 | +710.4% | $10.0M |
| MORGAN STANLEY | ADD | 655,314 | 909,054 | +38.7% | $6.9M |
| Man Group plc | DOUBLED | 69,910 | 383,988 | +449.3% | $2.9M |
| GOLDMAN SACHS GROUP INC | TRIM | 1,229,941 | 379,344 | -69.2% | $2.9M |
| FORT WASHINGTON INVESTMENT ADVISORS INC /OH/ | TRIM | 644,417 | 370,831 | -42.5% | $2.8M |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | ADD | 184,365 | 308,049 | +67.1% | $2.3M |
| Swiss National Bank | ADD | 232,500 | 292,400 | +25.8% | $2.2M |
| Squarepoint Ops LLC | DOUBLED | 64,666 | 208,620 | +222.6% | $1.6M |
| Quadrature Capital Ltd | ADD | 111,423 | 200,351 | +79.8% | $1.5M |
Insider activity
Buying and selling by company executives and directors (SEC Form 4).
14 insiders, 25 transactions. Net $505.5K — $505.5K bought, $0.00 sold.
| Date | Insider | Title | Type | Shares | Price | Value |
|---|---|---|---|---|---|---|
| Sep 9, 2026 | de Gyarfas Vera | General Counsel | TAX W/H | 15,463 | $7.54 | $116.6K |
| Sep 9, 2026 | Schatzman Matthew K | Chief Executive Officer | TAX W/H | 69,583 | $7.54 | $524.7K |
| Sep 9, 2026 | Skeik Tarik | Chief Operating Officer | TAX W/H | 7,732 | $7.54 | $58.3K |
| Aug 31, 2026 | Schatzman Matthew K | Chief Executive Officer | AWARD | 464,190 | — | — |
| Aug 31, 2026 | de Gyarfas Vera | General Counsel | AWARD | 132,625 | — | — |
| Aug 31, 2026 | Boylston Luke | Chief Accounting Officer | AWARD | 23,872 | — | — |
| Aug 31, 2026 | Schatzman Matthew K | Chief Executive Officer | TAX W/H | 135,928 | $7.54 | $1.0M |
| Aug 31, 2026 | de Gyarfas Vera | General Counsel | TAX W/H | 30,378 | $7.54 | $229.1K |
| Aug 31, 2026 | Boylston Luke | Chief Accounting Officer | TAX W/H | 6,563 | $7.54 | $49.5K |
| Aug 31, 2026 | Skeik Tarik | Chief Operating Officer | AWARD | 99,469 | — | — |
Short interest & halts
FINRA semi-monthly short positions, Reg SHO threshold status, and recent trading halts for NEXT.
Shares short
21,741,027
Settlement Sep 15, 2026
Change vs prior
+0.7%
Semi-monthly cycle
Days to cover
10.0
At avg daily volume
Of shares outstanding
≈8.2%
Estimate — not % of float
All NEXT filing & press-release reports (4)
- 3 reportJun 11, 2026
- 8-K reportJun 5, 2026
- DEFA14A reportMay 19, 2026
- 8-K reportApr 15, 2026