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An update from NextDecade ( (NEXT) ) is now available.
On October 16, 2025, NextDecade Corporation announced a positive final investment decision (FID) for Train 5 at the Rio Grande LNG facility, marking its second FID in just over a month. The project, expected to cost approximately $6.7 billion, is fully funded through a combination of term loans, private placement notes, and equity commitments from NextDecade and its partners. Train 5 will have an LNG production capacity of about 6 million tonnes per annum and is supported by long-term sale and purchase agreements. The commercial operation is anticipated to begin in the first half of 2031, with the company maintaining a significant economic interest in the project.
The most recent analyst rating on (NEXT) stock is a Buy with a $12.00 price target. To see the full list of analyst forecasts on NextDecade stock, see the NEXT Stock Forecast page.
More about NextDecade
NextDecade Corporation operates in the energy industry, focusing on the development and operation of natural gas liquefaction and carbon capture and storage infrastructure. The company is committed to providing reliable, lower carbon energy solutions and is currently developing the Rio Grande LNG natural gas liquefaction and export facility near Brownsville, Texas, with a potential liquefaction capacity of approximately 48 million tonnes per annum.
Average Trading Volume: 3,919,019
Technical Sentiment Signal: Sell
Current Market Cap: $1.62B
For a thorough assessment of NEXT stock, go to TipRanks’ Stock Analysis page.