What Is NextDecade Corporation (NEXT) Worth in 2026?
According to the CirclFi Deep Alpha Valuation Engine, NextDecade Corporation's intrinsic value is estimated at $12.20, presenting a divided outlook at the current price of $7.44. With a median implied return of +64.0% across a split 1–1 (bull–bear) consensus, the model spread of +272.1% underscores analytical uncertainty. Notably, PWERM sees the most upside at +200.0% (fair value: $22.32), while Regime Cross is the most conservative at -72.1% ($2.08). The spread between these extremes — +272.1% — reveals how different analytical frameworks can reach starkly different conclusions.
What Do the Models Say About NEXT?
2 of 13 models are currently active for NEXT. Of these, 1 model suggests upside while 1 model suggests overvaluation. Taken together, their median fair value for NEXT is $12.20 — the figure CirclFi publishes as this stock's fair value. See which stocks rank higher →
How Does NEXT Rank in Oil & Gas Equipment & Services?
Among 52 Oil & Gas Equipment & Services stocks, NEXT ranks #47 by Quality of Company score. CirclFi's QOC score of 4.3/10 evaluates 32 fundamental signals. A score of 4.3 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 26/100 (LOW). This indicates low risk. The financial profile does not exhibit typical value trap warning signs. The score cross-references apparent undervaluation against fundamental deterioration signals. Browse lowest value-trap stocks →
Multi-Model Methodology
2 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 4.3/10. 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 +272.1% — 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 2 active models, average confidence is 38%. 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 →