NextDecade (NASDAQ:NEXT) Price Target Lowered to $6.00 at TD Cowen

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NextDecade (NASDAQ:NEXT), a Houston-based liquefied natural gas (LNG) and decarbonization company, saw its price target lowered from $7.00 to $6.00 by TD Cowen in a research report. The analysts maintained a 'hold' rating on the stock, citing market factors impacting the company's outlook.

Why it matters

NextDecade's flagship project, the Rio Grande LNG facility in Brownsville, Texas, is a key part of the company's strategy to deliver cleaner energy solutions globally while integrating carbon capture and sequestration technologies. The lowered price target reflects analysts' concerns about the company's near-term prospects amid broader market conditions.

The details

In the research report, TD Cowen analysts lowered their price target on NextDecade from $7.00 to $6.00, while maintaining a 'hold' rating on the stock. Other equity research firms have also recently adjusted their views, with Morgan Stanley lowering its price target from $10.00 to $7.00 and Weiss Ratings reaffirming a 'sell (e+)' rating.

• The research report was published on Thursday morning, March 6, 2026.