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NEXTNextDecade CorporationSell4.7·$7.16+2.21%

NextDecade (NEXT) Q2 2026 earnings — TrendMatrix coverage

MISS · WIDER LOSS-12.3% vs estimateEPS -$0.56 vs -$0.50 estCurrent verdict Sell 4.7/10

Reported

Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure

Event detail · Q2 2026

Key numbers

Reported EPS
-$0.56
Estimate
-$0.50
Surprise
-12.3%
Score today
4.7/10

Revenue for this quarter isn’t shown: the reported figure hasn’t cleared TrendMatrix’s freshness and sanity checks yet, and consensus revenue isn’t tracked. EPS above is the available figure.

Report record · Q2 2026

How the report landed

NextDecade (NEXT) reported a wider loss than forecast — diluted EPS of -$0.56 against the -$0.50 estimate (a 12.3% shortfall).

Current read · as of 2026-08-23

Where TrendMatrix's rating stands now

TrendMatrix currently rates NEXT Sell at 4.7/10; no pre/post engine snapshot brackets this report.

0 of the last 4 quarters beat the estimate; this quarter's -12.3% surprise compares with a -20.6% four-quarter average. Next scheduled report: 2026-10-29.

What argues against it

  • Concentration risk — Geographic: Rio Grande LNG Facility
  • Concentration risk — Supplier: Bechtel
  • Quality below floor (0.8 < 4.0)

This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.

Current engine read

The levels TrendMatrix's engine tracks

Current price
$7.16
Price target
$8.05
Stop
$6.62
Upside to target
+12.4%
Reward-to-risk
0.9:1

Model outputs from TrendMatrix’s engine as of 2026-08-23 — shown for context, not personalized investment advice.

Energy context

NEXT at TrendMatrix's latest read

Energy results are commodity-price arithmetic first; the operational beat or miss is read net of what the strip already told the market.

Industry
Oil & Gas Equipment & Services
Market cap
$1.90B
P/E (fwd)
109.5
52-week range
$4.75$11.27
Off 52-week high
36.5%
RSI (14)
60
Volume vs avg
1.02×
Score today
4.7/10

Earnings figures are sourced from TrendMatrix’s pipeline (EPS: existing earnings extraction; revenue: SEC XBRL company facts where available, yfinance-provisional otherwise). Not a buy/sell rating, a price target, or investment advice — see the current verdict on the stock’s main page for TrendMatrix’s live read.

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