NextDecade (NASDAQ:NEXT) Trading Down 5.1% – Should You Sell?

Posted by Donald Scott on Mar 20th, 2025

Shares of NextDecade Co. (NASDAQ:NEXT – Get Free Report) fell 5.1% on Thursday . The company traded as low as $8.64 and last traded at $8.60. 1,045,750 shares traded hands during trading, a decline of 38% from the average session volume of 1,693,519 shares. The stock had previously closed at $9.07.

NextDecade Stock Down 3.7 %

The firm has a market cap of $2.27 billion, a PE ratio of -7.80 and a beta of 1.18. The stock has a 50 day simple moving average of $7.98 and a 200-day simple moving average of $6.79. The company has a debt-to-equity ratio of 3.17, a current ratio of 0.49 and a quick ratio of 0.49.

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

Institutional Investors Weigh In On NextDecade

Several institutional investors and hedge funds have recently made changes to their positions in NEXT. Steward Partners Investment Advisory LLC boosted its stake in NextDecade by 350.6% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 4,479 shares of the company’s stock valued at $35,000 after purchasing an additional 3,485 shares during the last quarter. Twin Securities Inc. bought a new position in shares of NextDecade during the third quarter valued at $52,000. Mainstream Capital Management LLC purchased a new stake in shares of NextDecade during the fourth quarter valued at $56,000. Tower Research Capital LLC TRC boosted its position in shares of NextDecade by 201.6% during the fourth quarter. Tower Research Capital LLC TRC now owns 7,797 shares of the company’s stock valued at $60,000 after buying an additional 5,212 shares during the last quarter. Finally, Briaud Financial Planning Inc increased its holdings in NextDecade by 29.2% in the 4th quarter. Briaud Financial Planning Inc now owns 9,333 shares of the company’s stock worth $71,000 after buying an additional 2,109 shares in the last quarter. Institutional investors own 66.74% of the company’s stock.