NextDecade (NASDAQ:NEXT) Stock Price Down 12.9% – What’s Next?

Posted by Bonnie Powley on Apr 4th, 2025

NextDecade Co. (NASDAQ:NEXT – Get Free Report)’s stock price was down 12.9% during trading on Friday . The stock traded as low as $6.43 and last traded at $6.30. Approximately 335,073 shares traded hands during trading, a decline of 81% from the average daily volume of 1,768,737 shares. The stock had previously closed at $7.24.

NextDecade Stock Down 18.4 %

The company has a market cap of $1.54 billion, a price-to-earnings ratio of -5.28 and a beta of 0.80. The company has a debt-to-equity ratio of 3.17, a quick ratio of 0.49 and a current ratio of 0.49. The stock’s fifty day moving average is $7.97 and its two-hundred day moving average is $7.06.

NextDecade (NASDAQ:NEXT – Get Free Report) last announced its earnings results on Thursday, February 27th. The company reported ($1.86) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.19) by ($1.67). Sell-side analysts predict that NextDecade Co. will post -0.61 earnings per share for the current fiscal year.

Institutional Investors Weigh In On NextDecade

A number of institutional investors have recently added to or reduced their stakes in the company. Captrust Financial Advisors grew its holdings in shares of NextDecade by 3.6% in the third quarter. Captrust Financial Advisors now owns 43,544 shares of the company’s stock valued at $205,000 after acquiring an additional 1,518 shares in the last quarter. Briaud Financial Planning Inc grew its stake in NextDecade by 29.2% in the 4th quarter. Briaud Financial Planning Inc now owns 9,333 shares of the company’s stock valued at $71,000 after purchasing an additional 2,109 shares during the period. Mariner LLC increased its position in shares of NextDecade by 19.6% during the 4th quarter. Mariner LLC now owns 15,836 shares of the company’s stock valued at $122,000 after purchasing an additional 2,592 shares during the last quarter. Rhumbline Advisers raised its stake in shares of NextDecade by 1.9% during the 4th quarter. Rhumbline Advisers now owns 147,900 shares of the company’s stock worth $1,140,000 after purchasing an additional 2,722 shares during the period. Finally, Bank of New York Mellon Corp boosted its holdings in shares of NextDecade by 0.9% in the 4th quarter. Bank of New York Mellon Corp now owns 325,367 shares of the company’s stock worth $2,509,000 after buying an additional 2,833 shares during the last quarter. 66.74% of the stock is owned by institutional investors.