NextDecade (NEXT) Projected to Announce Quarterly Earnings on Thursday

NextDecade (NASDAQ:NEXT) is anticipated to post its Q2 2026 results before the market opens on Thursday, July 30th. Analysts expect NextDecade to announce earnings of ($0.6593) per share for the quarter. Parties can find conference call details on the company’s upcoming Q2 2026 earning summary page for the latest details on the call scheduled for Thursday, July 30, 2026 at 9:00 AM ET.

NextDecade (NASDAQ:NEXT) last posted its earnings results on Thursday, April 30th. The company reported ($0.51) EPS for the quarter, topping analysts’ consensus estimates of ($0.66) by $0.15. On average, analysts expect NextDecade to post $-2 EPS for the current fiscal year and $-0 EPS for the next fiscal year.

NextDecade Trading Down 8.3%

NASDAQ:NEXT opened at $6.43 on Tuesday. NextDecade has a 52-week low of $4.75 and a 52-week high of $11.85. The company has a quick ratio of 0.40, a current ratio of 0.40 and a debt-to-equity ratio of 3.96. The stock has a fifty day simple moving average of $7.89 and a 200-day simple moving average of $6.94. The company has a market capitalization of $1.70 billion, a PE ratio of -4.80 and a beta of 1.51.

Wall Street Analyst Weigh In

Several analysts have issued reports on the stock. Citigroup started coverage on shares of NextDecade in a report on Wednesday, May 13th. They issued a “buy” rating and a $11.00 price target on the stock. The Goldman Sachs Group began coverage on NextDecade in a research report on Wednesday, July 15th. They set a “neutral” rating and a $8.50 price objective for the company. Morgan Stanley upped their target price on NextDecade from $7.00 to $8.00 and gave the company an “equal weight” rating in a research note on Tuesday, April 21st. Finally, Weiss Ratings restated a “sell (d-)” rating on shares of NextDecade in a research report on Friday. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $8.10.

Institutional Trading of NextDecade

Hedge funds have recently bought and sold shares of the company. Adage Capital Partners GP L.L.C. grew its stake in NextDecade by 520.0% in the 2nd quarter. Adage Capital Partners GP L.L.C. now owns 1,550,000 shares of the company’s stock worth $13,810,000 after acquiring an additional 1,300,000 shares during the period. Goldman Sachs Group Inc. boosted its holdings in shares of NextDecade by 77.6% during the fourth quarter. Goldman Sachs Group Inc. now owns 1,676,336 shares of the company’s stock worth $8,834,000 after purchasing an additional 732,550 shares during the last quarter. Qube Research & Technologies Ltd acquired a new stake in shares of NextDecade during the third quarter worth $4,935,000. Squarepoint Ops LLC grew its position in shares of NextDecade by 425.0% in the third quarter. Squarepoint Ops LLC now owns 790,009 shares of the company’s stock valued at $5,364,000 after purchasing an additional 639,534 shares during the period. Finally, Bank of America Corp DE grew its position in shares of NextDecade by 16.7% in the second quarter. Bank of America Corp DE now owns 3,102,352 shares of the company’s stock valued at $27,642,000 after purchasing an additional 444,518 shares during the period. Institutional investors and hedge funds own 66.74% of the company’s stock.

About NextDecade

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.

NextDecade’s flagship project, Rio Grande LNG, is located at the Port of Brownsville in southern Texas.