NextDecade Corp has a consensus price target of $8.7 based on the ratings of 5 analysts. The high is $10 issued by Morgan Stanley on October 26, 2022. The low is $7.5 issued by Credit Suisse on April 1, 2022. The 3 most-recent analyst ratings were released by TD Cowen, Wolfe Research, and Stifel on June 6, 2024, August 16, 2023, and August 15, 2023, respectively. With an average price target of $8.67 between TD Cowen, Wolfe Research, and Stifel, there's an implied 24.70% upside for NextDecade Corp from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for NextDecade (NASDAQ:NEXT) was reported by TD Cowen on June 6, 2024. The analyst firm set a price target for $9.00 expecting NEXT to rise to within 12 months (a possible 29.50% upside). 1 analyst firms have reported ratings in the last year.
The latest analyst rating for NextDecade (NASDAQ:NEXT) was provided by TD Cowen, and NextDecade maintained their hold rating.
The last upgrade for NextDecade Corp happened on August 16, 2023 when Wolfe Research raised their price target to $8. Wolfe Research previously had a peer perform for NextDecade Corp.
The last downgrade for NextDecade Corp happened on April 26, 2022 when Stifel changed their price target from $2 to $4 for NextDecade Corp.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of NextDecade, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for NextDecade was filed on June 6, 2024 so you should expect the next rating to be made available sometime around June 6, 2025.
While ratings are subjective and will change, the latest NextDecade (NEXT) rating was a maintained with a price target of $7.00 to $9.00. The current price NextDecade (NEXT) is trading at is $6.95, which is out of the analyst’s predicted range.
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