MARKET WIRECNBC • 1h ago
Here are 3 big things we're watching in the stock market in the week aheadThe market could use a few victories in the days ahead, which will be filled with more earnings, an election, and jobs data.
Why NEXT Stock surged +11.52% Today — RQD Quant Desk Flash
$7.26 +11.52% NASDAQ • Live Quote vs Prior Daily Close (Synced Snapshot)
NextDecade Corporation (NEXT) carries a Roarable Rating of D- (Sell) with 39/100 RQD Confidence due to weak cash-flow efficiency and sensitivity to current interest rates. Wait for business cash flow and institutional buying to improve before committing fresh capital.
ROARABLE D- • RED ALERT
Cap $1.93B
INTERACTIVE SCENARIO DECK:
RQD QUANT TACHOMETERRED ALERT • D-
3-of-3 JEV AI Jury Bearish Warning
Cash
SEC
Whale
Impersonal quantitative research (0–100 RQD rubric) — not individualized investment advice. Past performance does not guarantee future results. Full Disclaimer
5-PILLAR SNOWFLAKE RADARRw D- · Rk D-
Each axis scored 0–20
12M PRICE TARGET CONE-8.5% Base Target
WHALE OPTIONS SNAPSHOT: — (No Active Options Snapshot on file for NEXT)Realized 20D OHLCV Swing Band: ±11.6%
AUTOMATED RQD QUANT DESK MOVER BRIEFINGFull Market News Desk →
Why NEXT Stock surged +11.52% Today — RQD Quant Desk Flash
NextDecade Corporation (NEXT) surged +11.52% to $7.26, trading at 56% of its 52-week range ($4.75 – $9.24). Stretched risk/reward at current multiples (-2% return on capital) under elevated 10-year interest-rate pressure.
- ▸Technical Tape: Trading at 56% of its 52-week range ($4.75 – $9.24) with RSI-14 at 66.2 (BULLISH MOMENTUM).
- ▸Volatility Profile: Historical 20-day realized swing band of ±11.6% around $7.26 (no active unusual options sweep snapshot on file).
- ▸Fundamental Anchor: Roarable D- (Sell) backed by 52% gross margin and $0 annual free cash flow.
Live NEXT Headlines & Catalysts
MARKET WIRECNBC • 2h ago
Democratic Rep. Stevens endorses Rogers over El-Sayed in Michigan Senate electionHaley Stevens had lost the Democratic nomination for Senate in Michigan to Abdul El-Sayed earlier this year.
RISK WATCHReuters • 3h ago
Israeli strikes kill eight people in Gaza - medics say - ReutersIsraeli strikes kill eight people in Gaza - medics say Reuters
MARKET WIREReuters • 4h ago
Russia's FSB says minor detained over park attack threat after US tip-off - ReutersRussia's FSB says minor detained over park attack threat after US tip-off Reuters
MARKET WIREReuters • 5h ago
Iran, Qatari mediators hold third day of talks to end US-Iran war - ReutersIran, Qatari mediators hold third day of talks to end US-Iran war Reuters
CATALYSTReuters • 6h ago
Qatar surges, bucking Gulf market slide on Iran war concerns - ReutersQatar surges, bucking Gulf market slide on Iran war concerns Reuters
MARKET WIREReuters • 6h ago
OPEC+ keeps December oil output targets steady ahead of tougher call for 2027 - ReutersOPEC+ keeps December oil output targets steady ahead of tougher call for 2027 Reuters
MARKET WIREReuters • 6h ago
German ministers pledge tough action after rioters damage stores in Frankfurt - ReutersGerman ministers pledge tough action after rioters damage stores in Frankfurt Reuters
ON-DEMAND RQD QUANT WORKSHOP • SPONSORED / PARTNER SPOTLIGHTHosted by Perry Belcher & Roarable Forensic Quant Desk
Red-Light Warning Desk: Spotting SEC Cash-Flow & Dilution Risks Before Downgrades (Featuring NEXT)
- ✓Walkthrough of NEXT's RQD Radar, SEC cash-conversion gap & downside invalidation levels
- ✓3 asymmetric Bear/Hedge frameworks when 10-year Treasury yields stay elevated
- ✓Includes nightly RQD rating-change & forensic signal email alerts on your tracked stocks
RQD INSIDER CLUB WAITLIST$49/YR PLANNED
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NEXT // CANDLESTICK & AUTO-TRENDLINE WORKSTATION6M: -7.28%⚡ TESTING RESISTANCE
2026-10-30O $7.22H $7.45L $7.18C $7.26VOL 4.34M
RES: $7.32SUP: $5.67SMA50: $6.86SMA200: $6.96
PRIMARY-SOURCE FORENSICS, SECOND-ORDER LINKS & AI ANALYST DESK
NEXT Dilution Monitor, Expectations Hurdle, Butterfly Connections & Policy Exposure
Share Count & Dilution Monitor (#25)
Multi-year comparable XBRL diluted share count not disclosed (ETF or recent listing).
Reverse-DCF Expectations Hurdle (#30)
8.0%/yr Implied 5Y Growth
vs. +6.0% actual YoY revenue growth (assuming 9.25% cost of equity & 16.5x terminal multiple).
Ellis Vennor Setup Ledger (#33)
No active Ellis Vennor swing setup published on NEXT today. View full Setup Ledger →
🦋 Documented & Second-Order Butterfly Connections
Open Graph →
No direct multi-tier Butterfly edges indexed yet for NEXT. Explore sector supply chains on /butterfly.
AI Analyst Theses, Washington Policy & Company Video
🎬 No recent verified company-specific video clip queued for NEXT today (we never pad ticker pages with unrelated generic clips). Browse Macro Video Desk →
DETERMINISTIC MULTI-FACTOR EQUITY AUDIT • SEC EDGAR XBRL × RQD PEER BENCHMARK
📊 Quantitative Sector Peer Comparison, SEC Filing Delta & Investment FAQ (NEXT)
Energy Rank #186 of 211
⚔️ VET vs NEXT Full Matrix →
1. Head-to-Head Energy Peer Comparison (NEXT vs. VET, CTRI, GFR, BKV)
Industry: Oil & Gas Production (106 Tracked Issuers)Across 211 tracked Energy securities in the Roarable RQD universe, NextDecade Corporation (NEXT) ranks #186 by composite RQD confidence (39/100, grade D-) and #123 by equity capitalization ($1.93B). Within this direct 5-issuer industry benchmark cohort, BKV leads on earnings valuation at 12.8x trailing P/E, while BKV leads on capital efficiency and profitability with 9.0% ROIC and — gross margin. VET currently holds the highest overall quantitative score in the immediate peer group at 58/100 (D+) compared with NEXT at 39/100 (D-).
| Ticker / Company | Roarable Grade | RQD Score | Trailing P/E | Gross Margin | ROIC | 1D Change | Market Cap | Head-to-Head |
|---|---|---|---|---|---|---|---|---|
| NEXT
ACTIVE
NextDecade Corporation | D- | 39/100 | — | — | -2.1% | +11.52% | $1.93B | Benchmark Subject |
| VET Vermilion Energy Inc. Common (Canada) | D+ | 58/100 | — | — | — | -0.95% | $2.07B | /vet-vs-next → |
| CTRI Centuri Holdings Inc. | D | 47/100 | 97.1x | 8.3% | 5.0% | +2.67% | $2.17B | /ctri-vs-next → |
| GFR Greenfire Resources Ltd. | D+ | 57/100 | — | — | — | -2.02% | $1.63B | /gfr-vs-next → |
| BKV BKV Corporation | D | 49/100 | 12.8x | — | 9.0% | -1.09% | $2.29B | /bkv-vs-next → |
2. Multi-Year SEC XBRL Revenue, Cash Flow & Balance-Sheet Trajectory (FY2023–FY2025)
SEC EDGAR 10-K • FILED 2025-12-31 • CIK 0001612720In its most recent audited fiscal period (FY2025, filed 2025-12-31), NextDecade Corporation (NEXT) reported GAAP revenue of $0 (N/A vs. FY2024 revenue of $0 ) , GAAP net income of -$306.4M, operating cash flow of -$169.4M, and free cash flow of -$5.02B (-88.3% YoY). On the balance sheet, NEXT closed FY2025 with $12.43B in total assets against $8.51B in total debt (Altman Z-Score: 0.20, Piotroski F-Score: 1/9).
| Fiscal Period | Filing Date | Revenue | Net Income | Operating Cash Flow | Free Cash Flow | Total Assets | Total Debt |
|---|---|---|---|---|---|---|---|
| FY2025 (FY) | 2025-12-31 | $0 | -$306.4M | -$169.4M | -$5.02B | $12.43B | $8.51B |
| FY2024 (FY) | 2024-12-31 | $0 | -$61.8M | -$95.6M | -$2.66B | $6.40B | $3.92B |
| FY2023 (FY) | 2023-12-31 | $0 | -$182.7M | -$73.6M | -$73.6M | — | — |
3. NEXT Data-Verified Investor FAQ (RQD Rating, Sector Peers, SEC Forensics & Technicals)
✓ SCHEMA.ORG FAQPAGE JSON-LD ENABLEDIs NEXT stock a Buy, Hold, or Sell right now according to Roarable's RQD model?
As of 2026-11-01, NextDecade Corporation (NASDAQ: NEXT) is rated D- (Sell / SELL) by Roarable's 5-pillar RQD engine with a composite confidence score of 39/100 at a spot price of $7.26 (+11.52% 1D, market cap $1.93B). Pillar breakdown: Fundamental Cash Engine 5/20, Institutional 13F & Options Flow 14/20, Executive Insider Alignment 5/20, FRED Macro Regime Fit 10/20, and SEC Balance-Sheet Forensics 5/20. Across 211 tracked Energy issuers, NEXT ranks #186 in composite RQD confidence.
How does NEXT compare to VET and CTRI in the Energy sector?
Within the Energy sector (Oil & Gas Production), NEXT carries a Roarable D- (39/100 RQD), trailing P/E of N/A, gross margin of —, and ROIC of -2.1%. By comparison, VET (Vermilion Energy Inc. Common (Canada)) holds a D+ grade (58/100 RQD, P/E N/A, ROIC —, cap $2.07B) and CTRI (Centuri Holdings Inc.) posts a D grade (47/100 RQD, P/E 97.1x, ROIC 5.0%, cap $2.17B). Among the 5-stock peer group, BKV leads on earnings multiple (12.8x) while BKV leads on capital efficiency (9.0% ROIC).
What are the biggest fundamental strengths and SEC risk factors for NEXT?
Per NEXT's SEC EDGAR XBRL 10-K filing (FY2025, filed 2025-12-31, CIK 0001612720), NextDecade Corporation generated $0 in revenue, -$306.4M in net income, and -$5.02B in free cash flow against $12.43B in total assets and $8.51B in total debt. Key quantitative strengths: Established market leader in Energy with deep daily trading liquidity.. Primary risk factors monitored: Company executives have done more routine share selling than personal cash buying lately.. Institutional options positioning shows a 50% call / 50% put premium split.
Where is NEXT trading relative to its 50-day, 200-day, and 52-week technical levels?
NEXT last traded at $7.26 (+11.52% on volume of 8,583,900 shares), positioning the stock +5.83% above its 50-day simple moving average ($6.86) and +4.31% above its 200-day simple moving average ($6.96). Across its 52-week range of $4.75 to $9.24, NEXT sits at the 55.9% percentile with a 14-day RSI of 66.2 (BULLISH MOMENTUM) and an implied next-earnings move of ±11.6% ($6.42 to $8.10).
NEXT Investor FAQ & Complete 8-Part Research Index
100% OPEN ACCESS • SEC EDGAR × CBOE × FREDWhy is NEXT stock moving today?
Why NEXT Stock surged +11.52% Today — RQD Quant Desk Flash. Stretched risk/reward at current multiples (-2% return on capital) under elevated 10-year interest-rate pressure.