NextDecade (NEXT, Financial) Corp is witnessing typical pre-earnings options activity, with call options slightly outpacing put options by a ratio of 10 to 9. This pattern of trading indicates expectations of significant stock movement following the company’s upcoming earnings release. Implied volatility suggests that the market is preparing for a potential price change of approximately 6.8%, equating to about 51 cents per share. Historically, the median stock movement over the last eight quarters has been around 2.8%, highlighting the potential for increased price fluctuations this time around.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 4 analysts, the average target price for NextDecade Corp (NEXT, Financial) is $10.75 with a high estimate of $15.00 and a low estimate of $9.00. The average target implies an upside of 43.72% from the current price of $7.48. More detailed estimate data can be found on the NextDecade Corp (NEXT) Forecast page.
Based on the consensus recommendation from 4 brokerage firms, NextDecade Corp's (NEXT, Financial) average brokerage recommendation is currently 2.0, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
