NextEra Energy (NYSE:NEE – Get Free Report)‘s stock had its “outperform” rating reissued by analysts at Sanford C. Bernstein in a research note issued to investors on Wednesday, Benzinga reports. They currently have a $108.00 price target on the utilities provider’s stock. Sanford C. Bernstein‘s price objective would suggest a potential upside of 37.73% from the stock’s current price.
NEE has been the subject of several other reports. HC Wainwright reaffirmed a “buy” rating on shares of NextEra Energy in a report on Monday, July 27th. Bank of America cut their price objective on shares of NextEra Energy from $95.00 to $93.00 and set a “neutral” rating on the stock in a research report on Monday, July 13th. BMO Capital Markets set a $88.00 price target on shares of NextEra Energy and gave the stock an “outperform” rating in a research report on Tuesday. Morgan Stanley set a $110.00 price target on shares of NextEra Energy and gave the stock an “overweight” rating in a research report on Wednesday, October 14th. Finally, Piper Sandler set a $88.00 price objective on shares of NextEra Energy in a research note on Tuesday. One research analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $98.05.
Check Out Our Latest Analysis on NextEra Energy
NextEra Energy Stock Down 0.6%
NEE traded down $0.45 during trading hours on Wednesday, reaching $78.42. 10,605,152 shares of the stock traded hands, compared to its average volume of 10,802,738. The firm’s fifty day simple moving average is $80.86 and its two-hundred day simple moving average is $86.38. The company has a market cap of $163.57 billion, a price-to-earnings ratio of 17.62, a PEG ratio of 2.41 and a beta of 0.64. NextEra Energy has a fifty-two week low of $74.41 and a fifty-two week high of $98.75. The company has a debt-to-equity ratio of 1.45, a current ratio of 0.53 and a quick ratio of 0.44.
NextEra Energy (NYSE:NEE – Get Free Report) last announced its quarterly earnings data on Wednesday, October 21st. The utilities provider reported $1.24 earnings per share for the quarter, topping the consensus estimate of $1.20 by $0.04. The company had revenue of $8.09 billion during the quarter, compared to analyst estimates of $8.47 billion. NextEra Energy had a net margin of 32.40% and a return on equity of 12.28%. The firm’s revenue for the quarter was up 1.6% compared to the same quarter last year. During the same period last year, the business earned $1.13 EPS. As a group, analysts forecast that NextEra Energy will post 4.03 earnings per share for the current fiscal year.
Institutional Trading of NextEra Energy
Hedge funds have recently modified their holdings of the company. Kilter Group LLC acquired a new stake in shares of NextEra Energy in the second quarter valued at approximately $25,000. Manning & Napier Advisors LLC bought a new position in shares of NextEra Energy in the second quarter valued at $26,000. Pin Oak Investment Advisors Inc. bought a new position in shares of NextEra Energy in the second quarter valued at $26,000. Financial Life Planners bought a new position in shares of NextEra Energy in the first quarter valued at $30,000. Finally, Financial Network Wealth Advisors LLC boosted its position in NextEra Energy by 83.0% during the second quarter. Financial Network Wealth Advisors LLC now owns 344 shares of the utilities provider’s stock worth $30,000 after purchasing an additional 156 shares during the period. 78.72% of the stock is currently owned by institutional investors and hedge funds.
More NextEra Energy News
Here are the key news stories impacting NextEra Energy this week:
- Positive Sentiment: NextEra reported third-quarter adjusted earnings of $1.24 per share, ahead of the $1.20 analyst consensus and up from $1.13 a year earlier. Strength at Florida Power & Light and growth at NextEra Energy Resources supported the result. NextEra Energy beats third-quarter profit estimates
- Positive Sentiment: Management maintained its 2026 adjusted EPS outlook of $3.92 to $4.02 and said it is targeting the high end of the range, offering investors reassurance about near-term earnings visibility. NextEra Energy Posts Third-Quarter GAAP Net Income
- Positive Sentiment: NextEra Energy Resources added 3.7 gigawatts of renewable-energy and storage projects to its backlog, bringing the total to approximately 36.7 gigawatts and highlighting continued long-term growth potential. NextEra Energy backlog update
- Positive Sentiment: Sanford C. Bernstein reaffirmed an “outperform” rating and set a $108 price target, implying substantial upside from recent levels. Sanford C. Bernstein rating update
- Neutral Sentiment: GAAP net income attributable to NextEra more than doubled to $4.775 billion, but the result included items beyond recurring operating earnings, making adjusted EPS the more relevant measure for valuation.
- Negative Sentiment: Revenue of $8.09 billion fell short of the $8.47 billion consensus, despite increasing 1.6% year over year. The revenue miss may be offsetting the earnings beat in investors’ assessment of the quarter. NextEra Energy Q3 Earnings Beat on FPL Strength, Revenues Miss
- Negative Sentiment: Virginia Governor Abigail Spanberger is opposing the proposed NextEra-Dominion merger without a six-year rate freeze and additional customer protections. Regulatory and political resistance raises execution risk for the transaction, which the companies expect to close in the second half of 2027. Spanberger critical of Dominion-NextEra merger deal
- Negative Sentiment: Barclays assigned a “hold” rating, while BMO reduced its price target to $88 despite retaining an “outperform” rating, reflecting more cautious expectations ahead of the earnings release.
About NextEra Energy
NextEra Energy, Inc is an energy infrastructure company headquartered in Juno Beach, Florida. Through its businesses, the company generates, transmits, distributes and sells electricity, with a focus on regulated utility operations and clean energy development.
Florida Power & Light Company, NextEra Energy’s principal regulated utility, serves customers across much of Florida. FPL operates electric generation, transmission and distribution infrastructure and provides retail electricity service to residential, commercial and industrial customers.
NextEra Energy Resources develops, owns and operates renewable energy and energy storage projects, including wind and solar facilities.
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