NEXT
NextDecadeDNasdaq / Energy
Last Price
At close
2026-07-22
Current thesis
NEXT has moved materially beyond a pure concept story: Train 4 and Train 5 reached FID in 2025, Trains 1-5 are funded, management says Phase 1 is ahead of guaranteed completion dates, and first LNG is targeted for the first half of 2027 [#10-K-2026-03-02] [#PR-2026-03-02]. If those milestones continue to hold, the stock can re-rate as commissioning risk falls.
Posture
Defensive
Lead driver
Sentiment
What changed
Sentiment remains the lead driver in the composite, 7D delta +9.4.
What can break
Construction delays, cost creep, or commissioning issues at Rio Grande LNG could quickly erode confidence in the 1H27 first-LNG target.
Momentum
53
Value
33
Sentiment
49
Setup hits (3d)
0 · Net Neutral
AI TargetsBase $7.10 · Bull $8.60 · Bear $5.40
Data freshness
Prices
As of 2026-07-22
Fundamentals
As of 2026-07-22 • Vendor: Data Vendor v1
Scores
As of 2026-07-22 • Model: HYBRID_IC_RP
AI Memo
As of 2026-04-20 • Model: RankAlpha Sentiment Codex
Investment thesisAs of 2026-07-22
Investment thesis
As of 2026-07-22
Supporting evidence
What
Grade D · Defensive
Confidence Medium · Net Neutral
Target $9.21
Why
Momentum53 · Δ7d -38.7
Value33 · Δ7d +0.0
Sentiment49 · Δ7d +9.4
So what
Weak posture (Net Neutral). Prioritize risk control and patience.
Lead driver: Sentiment · See AI snapshot
Momentum
53
26% active weight
Current posture
7d trendSoftening
Δ7d
-38.7
Δ21d
-2.2
Value
33
39% active weight
Current posture
7d trendFlat
Δ7d
+0.0
Δ21d
-0.1
Sentiment
49
34% active weight
Current posture
7d trendImproving
Δ7d
+9.4
Δ21d
+0.8
Why this grade
Composite grade D. Momentum 52.9 / Value 32.8 / Sentiment 48.9
Fundamentals (TTM)As of 2026-07-22
Fundamentals (TTM)
As of 2026-07-22
Market Cap
$2.02B
Beta
2.00
Shares Out
264.99M
P/E (TTM) · Derived
-6.5
P/S (TTM)
-
P/FCF (TTM) · Derived
-0.37
Rev YoY
-
EPS YoY
+51.0%
Gross Margin
-
Op Margin
-
Net Debt
$7.95B
Current Ratio
0.40
As of 2026-07-22 • Updated nightlySource: Internal modelMethodology

