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Upturn AI Summary - About
Nextdecade Corp(NEXT)
Advisory History & Simulated Performance *
*as per simulation (see disclosures)- ALL
- 1Y
- 1M
- 1W
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- PASS (Skip)
Stock price based on last close Advisory Performance History (Simulated)
Upturn Advisory & Investor View for NEXT
09/28/2026: NEXT (2-star) is a SELL. SELL for 5 days. Simulated Profits (-10.21%). Updated daily EoD!
NextDecade Corp is a pre-revenue energy infrastructure company focused on building and operating the Rio Grande LNG project. Its main strength lies in its commitment to integrating carbon capture technology, which differentiates its LNG output for a global market increasingly focused on emissions. The primary investment story is centered on the multi-year construction of its export terminal, which aims to provide reliable energy. Investors face significant risks, including high execution costs, regulatory hurdles, and long-term project delays. The stock is best suited for growth-oriented investors with a high risk tolerance who are looking for exposure to the long-term global transition toward cleaner-burning natural gas.
How to Read the Upturn Advisory
The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.
Company fundamentals, valuation, risks, and news provide supporting context about the business.
Investor Fit
| Investor style | Fit | Why |
|---|---|---|
| Growth investor | Strong fit | The company offers high growth potential linked to the completion of major multi-year energy infrastructure projects. |
| Momentum investor | Mixed fit | Momentum fit is conditional on positive news flow regarding construction milestones and permit approvals. |
| Value investor | Weak fit | Valuation is speculative and difficult to traditionalize due to the pre-revenue nature of major assets. |
| Dividend investor | Weak fit | The company does not pay a dividend and focuses capital entirely on infrastructure development. |
| Low-risk investor | Weak fit | High project execution risk and capital requirements create a volatile profile unsuitable for low-risk strategies. |
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Price volatility | High | The stock price is highly sensitive to news regarding project permits and LNG market conditions. |
| Valuation risk | Medium / high | Valuation depends heavily on successful project completion and future cash flow forecasts. |
| Competition risk (LNG export infrastructure) | Medium | Strong competition from established players like Cheniere limits market share expansion. |
| Business quality | Medium | The business model is solid in design but unproven in operational scale. |
| Dividend income | Low / none | Investors should expect zero income as capital is reinvested. |
| Execution risk | High | Large-scale infrastructure projects face inherent risks of budget overruns and delays. |
Price Behavior
Rolling Over
The price momentum is slowing down and beginning to turn downward.
Choppy
The stock has experienced frequent reversals and pronounced short-term price swings.
Analysis of Past Performance
Type Stock | Historic Profit 16.66% | Avg. Invested days 37 | Today’s Advisory SELL |
Upturn Advisory Rating  | Upturn Advisory Performance  3.0 | Stock Returns Performance  2.0 |
| Profits based on simulation | Last Close 09/28/2026 |
Upturn Scorecard
Upturn Star Rating 
Company Fundamentals
Financial Health Rating
Growth Momentum Score
Ownership
Top 5 Institutional Investors
Unit Economics (Per $1K Revenue)
Economic Dimensions
Quantitative Style Profile
Style Classification
Quality Focused
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 1.75B USD | Price to earnings Ratio - | 1Y Target Price 8.7 |
Price to earnings Ratio - | 1Y Target Price 8.7 | ||
Volume (30-day avg) 2.5M shares | Beta 1.57 | 52 Weeks Range 4.75 - 9.24 | Updated Date 09/27/2026 |
52 Weeks Range 4.75 - 9.24 | Updated Date 09/27/2026 | ||
Dividends yield (FY) - | Basic EPS (TTM) -1.36 |
How Company Makes Money
| Business area | What it includes | Retail investor read |
|---|---|---|
| LNG Sales | Long-term take-or-pay contracts for natural gas liquefaction services. | Revenue will come from reliable long-term contracts once the plant is operational. |
Valuation
Trailing PE - | Forward PE - | Enterprise Value 12.23B | Price to Sales(TTM) - |
Enterprise Value 12.23B | Price to Sales(TTM) - | ||
Enterprise Value to Revenue - | Enterprise Value to EBITDA 18.93 | Shares Outstanding 266.19M | Shares Floating 129.83M |
Shares Outstanding 266.19M | Shares Floating 129.83M | ||
Percent Insiders 45.58 | Percent Institutions 43.24 |
Upturn AI Summary
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
Financial Metrics
🧭 Investment Snapshot
Total Revenue (Scale)
Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.
Net Income (Profit)
Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.
Free Cash Flow (Cash Strength)
Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.
📈 Growth & Strength
Operating Income (Core Profit)
Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.
EBITDA (Cash Earnings)
Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.
Gross Profit (Unit Profitability)
Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.
🛡️ Financial Safety
Cash (Liquidity Buffer)
Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.
Total Debt (Leverage Risk)
Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.
Net Working Capital (Short-Term Health)
Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.
🧱 Balance Sheet Strength
Stockholder Equity (Net Worth)
Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.
Total Assets (Asset Base)
The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.
Income Before Tax (Pre-Tax Earnings)
Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.
⚙️ Cost & Drag Factors
Cost of Revenue (Production Cost)
Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.
Total Operating Expenses (Operating Cost)
Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.
Income Tax Expense (Tax Drag)
Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.
About Nextdecade Corp
Exchange NASDAQ | Headquarters Houston, TX, United States | ||
IPO Launch date 2015-06-04 | Chairman & CEO Mr. Matthew K. Schatzman | ||
Sector Energy | Industry Oil & Gas Equipment & Services | Full time employees 360 | Website https://www.next-decade.com |
Full time employees 360 | Website https://www.next-decade.com | ||
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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