Nextdecade Corp Stock Target Price and Analyst Consensus
NEXT Stock | USD 5.68 0.29 5.38% |
The current analyst and expert consensus on Nextdecade Corp is Strong Buy, with 2 strong buy opinions. The current projected Nextdecade Corp target price consensus is 8.6 with 4 analyst opinions. The most common way Nextdecade Corp analysts use to provide recommendation to the public is financial statements analysis. Many experts also interview Nextdecade Corp executives and customers to further validate their buy or sell advice. Please note, the number of analysts providing the opinion is not sufficient to provide adequate consensus on Nextdecade Corp. We encourage you to use your own analysis of Nextdecade Corp to validate this buy or sell advice. Nextdecade Corp buy-or-sell recommendation module provides average expert sentiment on the projected Nextdecade Corp target price to derive its highest and lowest estimates based on its projected price volatility. Check out Macroaxis Advice on Nextdecade Corp to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon. For more information on how to buy Nextdecade Stock please use our How to Invest in Nextdecade Corp guide.
Lowest Forecast 7.83 | Highest Forecast 9.55 | Target Price 8.6 |
Nextdecade |
It's important to approach Nextdecade Corp's target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.
Nextdecade Corp Target Price Consensus
We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Nextdecade target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. Nextdecade Corp's target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
4 | Strong Buy |
Most Nextdecade analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand Nextdecade stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of Nextdecade Corp, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice Exposure ValuationNextdecade Corp Target Price Projection
Nextdecade Corp's current and average target prices are 5.68 and 8.60, respectively. The current price of Nextdecade Corp is the price at which Nextdecade Corp is currently trading. On the other hand, Nextdecade Corp's target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.Current Price
Nextdecade Corp Market Quote on 28th of March 2024
Target Price
Analyst Consensus On Nextdecade Corp Target Price
Nextdecade Corp Analyst Ratings
Nextdecade Corp's analyst stock recommendations are determined by taking an average estimate of all analysts we track and classifying them as Strong Buy, Buy, Hold, Strong Sell, or Sell. Ratings generally communicate what analysts sense about Nextdecade Corp stock, and they use a lot of effort and time to analyze it and arrive at a rating. That suggests that analyst recommendations are the outcome of an objective and thorough examination of Nextdecade Corp's financials, market performance, and future outlook by experienced professionals. Nextdecade Corp's historical ratings below, therefore, can serve as a valuable tool for investors.Analyst Consensus Breakdown
Average Consensus Estimates
Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.
Steps to utilize Nextdecade Corp price targets
Nextdecade Corp's stock target price is an estimate of its future price, usually made by analysts. Using Nextdecade Corp's target price to determine if it is a suitable investment can be done through the following steps:- Look at Nextdecade Corp's target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
- Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
- Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
- Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if Nextdecade Corp's stock is likely to perform well.
- Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Additional Nextdecade Corp Value Projection Modules
Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Nextdecade Corp is a key component of Nextdecade Corp valuation and have some predictive power on the future returns of a Nextdecade Corp.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Nextdecade Corp's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Trending Themes
If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment.Disruptive Technologies Invested few shares | ||
Social Domain Invested a lot of shares | ||
Business Services Invested over 100 shares | ||
Warren Buffett Holdings Invested few shares | ||
Banking Invested over 40 shares | ||
Artificial Intelligence Invested few shares | ||
ESG Investing Invested few shares | ||
Tech Growth Invested over 100 shares | ||
Momentum Invested over 70 shares | ||
Millennials Best Invested over 30 shares | ||
Alternative Energy Invested a lot of shares | ||
Software Invested over 50 shares | ||
Check out Macroaxis Advice on Nextdecade Corp to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon. For more information on how to buy Nextdecade Stock please use our How to Invest in Nextdecade Corp guide.You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Complementary Tools for Nextdecade Stock analysis
When running Nextdecade Corp's price analysis, check to measure Nextdecade Corp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Nextdecade Corp is operating at the current time. Most of Nextdecade Corp's value examination focuses on studying past and present price action to predict the probability of Nextdecade Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nextdecade Corp's price. Additionally, you may evaluate how the addition of Nextdecade Corp to your portfolios can decrease your overall portfolio volatility.
Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges | |
Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
Share Portfolio Track or share privately all of your investments from the convenience of any device | |
Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | |
USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA | |
Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios | |
My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |
Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
Money Managers Screen money managers from public funds and ETFs managed around the world |
The data published in Nextdecade Corp's official financial statements usually reflect Nextdecade Corp's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Nextdecade Corp. For example, before you start analyzing numbers published by Nextdecade accountants, it's critical to develop an understanding of what Nextdecade Corp's liquidity, profitability, and earnings quality are in the context of the Oil, Gas & Consumable Fuels space in which it operates.
Please note, the presentation of Nextdecade Corp's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Nextdecade Corp's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Nextdecade Corp's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Nextdecade Corp. Please utilize our Beneish M Score to check the likelihood of Nextdecade Corp's management manipulating its earnings.