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Next Decade
Posted on 7/11/25 at 10:56 am
Posted on 7/11/25 at 10:56 am
I have been seeing the VG (venture global) thread pop up here and there but haven't seen anyone talking about next decade (NEXT). Anyone else invested in this one? I have been in since $7. Having a nice bump today. They are working on FID for train 4 and 5 which is expected before September 15th. They have a epc contract with Bechtel that expiries on that date so they are trying to get their financing before they have to renegotiate what the plant will cost to build. With a market cap of only ~2.5 billion I think this stock has alot of room to grow into a Cheniere / Venture type of market cap. They may need to dilute the stock some to raise cash for FID, but still think this will be a good return for those that bought in at a reasonable cost
Posted on 7/13/25 at 12:24 am to batonrouger
I’ve been accumulating since the $5s and continue to buy new lots when it dips below $8. I’ve had to be patient since it’s had a couple nice runs since the rating/PT increase. Will continue to watch it and adjust my buying zone as see fit.
ETA:
Price Target Increase
ETA:
quote:
NextDecade (NEXT) rating and forecast Morgan Stanley has recently reiterated an "Overweight" rating for NextDecade (NASDAQ: NEXT). They raised the price target from $10 to $15 based on the company's progress with its Rio Grande LNG facility expansion, including securing long-term agreements with major clients and anticipated positive developments related to the Federal Energy Regulatory Commission (FERC) and potential final investment
Price Target Increase
This post was edited on 7/13/25 at 12:30 am
Posted on 7/13/25 at 6:04 am to Snoopy04
I always wish these threads would show up sooner.
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