Analyst Initiates Coverage of NextDecade (NEXT) with Buy Rating, $11 Price Target

NextDecade Corporation (NASDAQ:NEXT) engages successful the operation and improvement activities related to the liquefaction of earthy state successful the United States.  

On May 13, Citi initiated sum of NextDecade Corporation (NASDAQ:NEXT) with a ‘Buy’ standing and a terms people of $11, indicating an upside of 30% from the existent levels.

With astir 48 cardinal tonnes per annum of imaginable liquefaction capableness presently nether operation and successful improvement astatine its Rio Grande LNG site, NextDecade Corporation (NASDAQ:NEXT) offers vulnerability to 1 of the past large-scale LNG export facilities connected the US Gulf Coast. With the soaring planetary vigor request and proviso disruptions successful the Middle East, Citi expects American LNG to go an “increasingly coveted commodity”.

NextDecade revealed earlier this period that it is moving to present archetypal state into the installation successful the 2nd fractional of this twelvemonth and nutrient the archetypal LNG from Train 1 successful the archetypal fractional of 2027. As of March 2026, Trains 1 and 2 are 67.8% complete. Train 3 is 44.2% complete, and Trains 4 and 5 are 10.6% and 6.8% complete, respectively.

While we admit the imaginable of NEXT arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you're looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

READ NEXT: 12 Best Dividend Stocks to Invest In According to Hedge Funds and 10 Best Clean Energy Stocks to Buy Right Now

Disclosure: None. Follow Insider Monkey connected Google News.