How to Buy Nextdecade Stock
Nextdecade Corp
NextDecade Corporation engages in the development activities related to the liquefaction and sale of liquefied natural gas (LNG); and capture and storage of CO2 emissions.
Nextdecade stock last closed at $6.26, down 0.48% from the previous day, and has increased 14.44% in one year. It has underperformed other stocks in the Oil & Gas E&P industry by 0.08 percentage points. Nextdecade stock is currently +56.11% from its 52-week low of $4.01, and -28.37% from its 52-week high of $8.74.
As of Apr 25, 2024, there are 256.71M NEXT shares outstanding. The market value of NEXT is $1.61B. In the last 24 hours, 774,065 NEXT shares were traded.
How to Buy Nextdecade Stock
Wondering how to invest in Nextdecade stock? Here's how.
- Decide where to buy Nextdecade stock: You need to choose an online brokerage, but don't worry - we've researched dozens of online brokerages and apps to help you decide where to buy Nextdecade stock.
- Sign up for your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
- Put funds into your brokerage account: Pick your method of payment and add your info.
- Research Nextdecade stock: The Nextdecade ticker symbol is NEXT. Is Nextdecade stock a good investment? Should you buy shares of NEXT? How do NEXT's underlying business fundamentals look? Do top analysts think Nextdecade is a good buy? Why has NEXT's stock price moved recently? (Hint: Our stock analysis website can help you evaluate if NEXT is a good stock to buy).
- Make your NEXT trade: Decide if you will purchase NEXT shares at the current market price or use a limit order to purchase NEXT shares at a specific price.
- Get notifications regarding your NEXT investment: Create a watchlist to get live updates on your investment in Nextdecade shares.
Step 1: Decide where to buy Nextdecade stock
You will need an online brokerage account to access the NASDAQ market and buy NEXT shares.
Our preferred brokerage: eToro
In our opinion, eToro is the best stock brokerage. eToro gives you:
- Invest in stocks with 0% commissions: Invest without commissions.
- Buy fractional shares: Even if you can't afford a full share, you can still purchase the stock.
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- Social investing: eToro offers a community of more than 20 million users worldwide. Talk to, learn from, and copy the unique crypto portfolios of other investors.
- Security: eToro is a regulated and licensed fintech leader.
- Buy other financial assets: Such as ETFs and cryptos.
Get $10 towards your purchase of stock by creating an account with eToro today.
Open eToro AccountStep 2: Sign up for your brokerage account
Now that you've selected the best brokerage, it's time to fill out some personal information so you can buy NEXT stock today.
How to Start a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal data to start a new trading account.
- Submit your data by pressing the "Create Account" button. Get started with eToro today
Step 3: Put funds into your brokerage account
Now that you've opened your account on a mobile trading app, you need to deposit funds:
Watch the video below if you need help depositing money into your investment account.
Step 4: Research Nextdecade stock
After you have identified the best place to buy Nextdecade stock, it's crucial to research their stock before you invest, so you truly wrap your head around the risk as well as the opportunity.
Nextdecade stock data
Nextdecade Due Diligence Checks
WallStreetZen was created to help part-time investors do more accurate fundamental analysis quickly.
You can see all of the due diligence checks on NEXT's stock page.
Is NEXT stock undervalued or overvalued?
Investors use many financial metrics, analyses, models, and charts to gauge NEXT's fair value.
Using relative valuations methods:
- NEXT could be overvalued based on its P/B ratio of 5.58x, relative to Oil & Gas E&P industry P/B ratio of 2.17x
You can access more valuation analysis on NEXT's stock here.
A look at NEXT Cashflows and Balance Sheet
Signs that NEXT is not financially healthy:
- NEXT has $312.44M in cash and short term investments. This is not sufficient to cover its annual cash burn of $1.81B.
- There are more short-term liabilities than short-term assets on the NEXT balance sheet.
- NEXT has cash burn of 1811256000. It does not have sufficient cash and short-term investments to cover this.
- Total NEXT debt is higher than 5 years ago, relative to shareholder equity.
- NEXT has a relatively high debt to equity ratio of 8.97.
- There are more long-term liabilities than short-term assets on the NEXT balance sheet.
You can dive deeper into what analysts are forecasting on the Nextdecade stock forecast page.
NEXT Trading Indicators
Who is buying/selling NEXT?
In the past year, insiders at NEXT have bought more shares than they have sold.
Eric Garcia, SVP Chief Accounting Officer of NEXT, was the latest NEXT insider to sell. They sold $9,904.77 worth of NEXT shares on Feb 2, 2024.
Learn more about who owns NEXT shares here.
Can I rely on NEXT as an income stream?
No, Nextdecade doesn't provide an income stream by paying out dividends.
NEXT Social Trading Data
One of the major reasons eToro is our favorite brokerage is because of its social trading community.
Click below to see what other community members have to say.
Step 5: Make your NEXT trade
There are two main types of orders:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are generally fine. - Limit order: A limit order is an order to buy or sell a stock at a specific price (or better).
If you want to be sure you're buying or selling at a particular price, place a limit order.
Click the Open button and eToro will execute the order.
If you want additional assistance buying stocks on eToro, watch the helpful video below:
Step 6: Get notifications regarding your NEXT investment
Now that you own some NEXT stock, you'll want to keep up with your new investment.
Put NEXT on a watchlist to monitor your NEXT stock.
NEXT Feed
How to Buy Stock in Nextdecade
To summarize, here are the 6 steps for buying Nextdecade stock:
- Decide where to buy Nextdecade stock
- Sign up for your brokerage account
- Put funds into your brokerage account
- Research Nextdecade stock
- Make your NEXT trade
- Get notifications regarding your NEXT investment
If you require a brokerage, eToro is our recommended option.
Get Started with eToro TodayIf you would like to get the latest scoop on your new investment in Nextdecade, add NEXT to your watchlist below.
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