What Is NextDecade Corporation (NEXT) Worth in 2026?
According to the CirclFi Deep Alpha Valuation Engine, the balance of valuation evidence tilts cautious on NextDecade Corporation at its current price of $8.16. The composite intrinsic value is estimated at $7.76 (-4.9% average return), with 2 models flagging overvaluation risk. Notably, PWERM sees the most upside at +95.5% (fair value: $15.95), while ML-RIV is the most conservative at -96.9% ($0.25). The spread between these extremes — +192.4% — reveals how different analytical frameworks can reach starkly different conclusions.
What Do the Models Say About NEXT?
3 of 13 models are currently active for NEXT. Of these, 1 model suggests upside while 2 models suggest overvaluation. See which stocks rank higher →
How Does NEXT Rank in Natural Gas Transmisison & Distribution?
Among 7 Natural Gas Transmisison & Distribution stocks, NEXT ranks #7 by Quality of Company score. CirclFi's QOC score of 4.4/10 evaluates 32 fundamental signals. A score of 4.4 reflects mixed fundamentals.
As a oil and gas company, NextDecade Corporation operates in a sector where reserve replacement ratio is a critical driver of valuation. Investors evaluating NEXT should weigh these sector-specific dynamics alongside our model-derived fair values.
Is NEXT a Value Trap?
CirclFi's Value Trap algorithm assigns NEXT a score of 18/100 (SAFE). This indicates minimal risk. Fundamentals are healthy. The score cross-references apparent undervaluation against fundamental deterioration signals. Browse lowest value-trap stocks →
Multi-Model Methodology
3 of 13 models are active for NextDecade Corporation. Limited activation may indicate insufficient history. Each model applies a fundamentally different valuation philosophy. See the complete methodology →
According to the CirclFi 32-factor quality framework, NextDecade Corporation's fundamental quality profile registers 4.4/10. This mixed score captures the company's profitability depth, growth consistency, balance sheet resilience, and shareholder return track record.
The gap between the most bullish and bearish model spans +192.4% — demonstrating why single-model analysis is dangerous. Browse all stocks with 13-model coverage →
Data Sources & Confidence
Every NEXT valuation is built from SEC EDGAR XBRL filings — 700+ standardized financial tags. Macroeconomic context from FRED calibrates discount rates, while GDELT news sentiment feeds into our Sentiment SOTP model. All pipelines run daily. Read the complete data methodology →
Across NEXT's 3 active models, average confidence is 40%. Lower confidence may reflect limited history or high volatility.
CirclFi's output is a research starting point, not a buy/sell signal. All data updates daily. Read the full methodology →