NextDecade Corporation (NEXT)Energy | Oil & Gas Equipment & Services | Houston, United States | NasdaqCM
6.84 USD
-0.70
(-9.284%) ⇩
(April 17, 2026, 4 p.m.
EDT)
After hours: 6.81 -0.03 (-0.027%) ⇩ (April 17, 2026, 7:59 p.m. EDT) Short-term: ★★☆☆☆ | Long-term: ★☆☆☆☆ | Dividends: ☆☆☆☆☆ |
Hot Take | April 19, 2026, 12:16 a.m. EDT
A complete disconnect between value traps and speculative momentum: While the stock exhibits classic distress signaling (negative EPS, massive debt-to-equity of nearly 380%, negative operating cash flow) making it a dangerous long-term hold, the options market is pricing in a liquidity-driven rebound. Traders are aggressively betting on a rebound to $9-$10 over the next year, treating the massive debt load as a non-factor, likely fueled by the upcoming capital raise notes and the perceived 'buy the dip' catalyst from insider buying. This is not a fundamental turnaround trade but a high-volatility bounce play. |
| Model | MAE |
|---|---|
| MSTL ✓ | 0.207759 |
| AutoTheta | 0.210782 |
| AutoETS | 0.211205 |
| AutoARIMA | 0.215672 |
Forecast horizon: 45 days | Selected: MSTL
| Forecast Reliability | |
|---|---|
| Score | 40% |
| H-stat | 46.03 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.049 |
| Excess Kurtosis | -0.97 |
| Attribute | Value |
|---|---|
| Sector | Energy |
| Debt to Equity Ratio | 379.949 |
| Market Cap | 1,812,121,728 |
| Forward P/E | 42.75 |
| Beta | 1.69 |
| Website | https://www.next-decade.com |
As of April 19, 2026, 12:16 a.m. EDT: Options flow indicates an aggressive bullish bias despite weak fundamentals. Call volume and Open Interest are disproportionately skewed toward OTM strikes ($9.0, $10.0, $15.0) with notable woodpile placements in Jan '27 calls at strikes $10 and $15 (46% and 119% increase respectively). The $9.0 call shows massive OTM OI accumulation at a low IV premium (0.03 per contract), suggesting a high-belief target near the 52-week high. Conversely, put writing is concentrated at the money ($7.0), with negligible OTM put positioning, indicatingecideds on downside protection is weak compared to the bullish speculative flow.
| Attribute | Value |
|---|---|
| 52 Week Change | -0.06429547 |
| Address1 | 1,000 Louisiana Street |
| Address2 | Suite 3300 |
| All Time High | 20.0 |
| All Time Low | 1.115 |
| Ask | 6.88 |
| Ask Size | 9 |
| Audit Risk | 8 |
| Average Analyst Rating | 2.0 - Buy |
| Average Daily Volume10 Day | 4,877,130 |
| Average Daily Volume3 Month | 4,567,567 |
| Average Volume | 4,567,567 |
| Average Volume10Days | 4,877,130 |
| Beta | 1.693 |
| Bid | 6.82 |
| Bid Size | 1 |
| Board Risk | 8 |
| Book Value | 0.36 |
| City | Houston |
| Compensation As Of Epoch Date | 1,735,603,200 |
| Compensation Risk | 6 |
| Country | United States |
| Crypto Tradeable | 0 |
| Currency | USD |
| Current Price | 6.84 |
| Current Ratio | 0.537 |
| Custom Price Alert Confidence | HIGH |
| Date Short Interest | 1,774,915,200 |
| Day High | 7.315 |
| Day Low | 6.76 |
| Debt To Equity | 379.949 |
| Display Name | NextDecade |
| Earnings Call Timestamp End | 1,777,647,600 |
| Earnings Call Timestamp Start | 1,777,647,600 |
| Earnings Timestamp | 1,777,579,200 |
| Earnings Timestamp End | 1,777,579,200 |
| Earnings Timestamp Start | 1,777,579,200 |
| Ebitda | -224,146,000 |
| Ebitda Margins | 0.0 |
| Enterprise To Ebitda | -56.289 |
| Enterprise Value | 12,617,051,136 |
| Eps Current Year | -2.12 |
| Eps Forward | 0.16 |
| Eps Trailing Twelve Months | -1.17 |
| Esg Populated | 0 |
| Exchange | NCM |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 6.4043 |
| Fifty Day Average Change | 0.43569994 |
| Fifty Day Average Change Percent | 0.068032406 |
| Fifty Two Week Change Percent | -6.4295473 |
| Fifty Two Week High | 12.12 |
| Fifty Two Week High Change | -5.2799997 |
| Fifty Two Week High Change Percent | -0.43564355 |
| Fifty Two Week Low | 4.75 |
| Fifty Two Week Low Change | 2.0900002 |
| Fifty Two Week Low Change Percent | 0.44000003 |
| Fifty Two Week Range | 4.75 - 12.12 |
| Financial Currency | USD |
| First Trade Date Milliseconds | 1,434,461,400,000 |
| Float Shares | 128,377,162 |
| Forward Eps | 0.16 |
| Forward P E | 42.750004 |
| Free Cashflow | -4,532,355,584 |
| Full Exchange Name | NasdaqCM |
| Full Time Employees | 360 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Governance Epoch Date | 1,775,001,600 |
| Gross Margins | 0.0 |
| Has Pre Post Market Data | 1 |
| Held Percent Insiders | 0.45484 |
| Held Percent Institutions | 0.43764 |
| Implied Shares Outstanding | 264,930,065 |
| Industry | Oil & Gas Equipment & Services |
| Industry Disp | Oil & Gas Equipment & Services |
| Industry Key | oil-gas-equipment-services |
| Is Earnings Date Estimate | 0 |
| Language | en-US |
| Last Fiscal Year End | 1,767,139,200 |
| Long Business Summary | 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. |
| Long Name | NextDecade Corporation |
| Market | us_market |
| Market Cap | 1,812,121,728 |
| Market State | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_137351668 |
| Most Recent Quarter | 1,767,139,200 |
| Net Income To Common | -306,433,984 |
| Next Fiscal Year End | 1,798,675,200 |
| Non Diluted Market Cap | 1,810,796,994 |
| Number Of Analyst Opinions | 4 |
| Open | 7.16 |
| Operating Cashflow | -169,396,992 |
| Operating Margins | 0.0 |
| Overall Risk | 6 |
| Payout Ratio | 0.0 |
| Phone | 713 574 1880 |
| Post Market Change | -0.026800156 |
| Post Market Change Percent | -0.39181513 |
| Post Market Price | 6.8132 |
| Post Market Time | 1,776,470,365 |
| Previous Close | 7.54 |
| Price Eps Current Year | -3.2264154 |
| Price Hint | 2 |
| Price To Book | 19.0 |
| Profit Margins | 0.0 |
| Quick Ratio | 0.108 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | EQUITY |
| Recommendation Key | buy |
| Recommendation Mean | 2.0 |
| Region | US |
| Regular Market Change | -0.7 |
| Regular Market Change Percent | -9.28382 |
| Regular Market Day High | 7.315 |
| Regular Market Day Low | 6.76 |
| Regular Market Day Range | 6.76 - 7.315 |
| Regular Market Open | 7.16 |
| Regular Market Previous Close | 7.54 |
| Regular Market Price | 6.84 |
| Regular Market Time | 1,776,456,000 |
| Regular Market Volume | 6,229,526 |
| Return On Assets | -0.015 |
| Return On Equity | -0.2124 |
| Sand P52 Week Change | 0.38150132 |
| Sector | Energy |
| Sector Disp | Energy |
| Sector Key | energy |
| Share Holder Rights Risk | 3 |
| Shares Outstanding | 264,930,065 |
| Shares Percent Shares Out | 0.0907 |
| Shares Short | 24,038,660 |
| Shares Short Previous Month Date | 1,772,150,400 |
| Shares Short Prior Month | 19,828,645 |
| Short Name | NextDecade Corporation |
| Short Percent Of Float | 0.1534 |
| Short Ratio | 3.63 |
| Source Interval | 15 |
| State | TX |
| Symbol | NEXT |
| Target High Price | 12.0 |
| Target Low Price | 7.0 |
| Target Mean Price | 8.75 |
| Target Median Price | 8.0 |
| Total Cash | 143,782,000 |
| Total Cash Per Share | 0.543 |
| Total Debt | 8,742,962,176 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Eps | -1.17 |
| Trailing Peg Ratio | None |
| Triggerable | 1 |
| Two Hundred Day Average | 7.153125 |
| Two Hundred Day Average Change | -0.31312466 |
| Two Hundred Day Average Change Percent | -0.043774527 |
| Type Disp | Equity |
| Volume | 6,229,526 |
| Website | https://www.next-decade.com |
| Zip | 77,002 |