In a recent update, Morgan Stanley has adjusted its price target for NextDecade (NEXT, Financial) from $10.00 to $15.00, signaling a significant 50% increase. The change reflects a positive outlook for the company's future performance.
The analyst behind the adjustment, Devin McDermott of Morgan Stanley, has maintained an "Overweight" rating for NextDecade (NEXT, Financial). This indicates confidence in the stock's potential to outperform the broader market over the upcoming period.
As of July 11, 2025, the new price target for NextDecade (NEXT, Financial) stands at $15.00 USD, highlighting Morgan Stanley's positive sentiment towards the company's prospective growth and value.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 3 analysts, the average target price for NextDecade Corp (NEXT, Financial) is $10.00 with a high estimate of $11.00 and a low estimate of $9.00. The average target implies an downside of 4.95% from the current price of $10.52. More detailed estimate data can be found on the NextDecade Corp (NEXT) Forecast page.
Based on the consensus recommendation from 3 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.
