NextEra Energy (NYSE:NEE – Get Free Report)‘s stock had its “outperform” rating reaffirmed by Sanford C. Bernstein in a note issued to investors on Wednesday, Benzinga reports. They presently have a $108.00 target price on the utilities provider’s stock. Sanford C. Bernstein‘s price objective suggests a potential upside of 38.28% from the stock’s current price.
Several other research analysts have also recently issued reports on the stock. Wells Fargo & Company upgraded shares of NextEra Energy to a “strong-buy” rating in a report on Monday, October 12th. Mizuho decreased their price objective on shares of NextEra Energy from $95.00 to $80.00 and set a “neutral” rating for the company in a research note on Tuesday, October 6th. Morgan Stanley set a $110.00 price objective on NextEra Energy and gave the stock an “overweight” rating in a report on Wednesday, October 14th. BMO Capital Markets set a $88.00 target price on NextEra Energy and gave the stock an “outperform” rating in a research report on Tuesday. Finally, BTIG Research reissued a “buy” rating and issued a $105.00 target price on shares of NextEra Energy in a report on Tuesday. One investment analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $98.05.
NextEra Energy Trading Down 1.0%
Shares of NEE traded down $0.76 during midday trading on Wednesday, hitting $78.10. 14,693,768 shares of the stock were exchanged, compared to its average volume of 10,825,118. The company has a debt-to-equity ratio of 1.45, a quick ratio of 0.44 and a current ratio of 0.53. The firm has a market cap of $162.92 billion, a P/E ratio of 17.55, a P/E/G ratio of 2.41 and a beta of 0.64. The stock has a fifty day simple moving average of $80.71 and a 200 day simple moving average of $86.28. NextEra Energy has a 52-week low of $74.41 and a 52-week high of $98.75.
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, beating analysts’ consensus estimates of $1.20 by $0.04. The firm had revenue of $8.09 billion during the quarter, compared to analysts’ expectations of $8.47 billion. NextEra Energy had a net margin of 32.40% and a return on equity of 12.28%. The business’s quarterly revenue was up 1.6% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.13 earnings per share. On average, research analysts anticipate that NextEra Energy will post 4.03 EPS for the current fiscal year.
Institutional Investors Weigh In On NextEra Energy
Hedge funds have recently modified their holdings of the stock. Kilter Group LLC purchased a new stake in NextEra Energy during the 2nd quarter worth approximately $25,000. Manning & Napier Advisors LLC acquired a new position in shares of NextEra Energy in the 2nd quarter valued at approximately $26,000. Pin Oak Investment Advisors Inc. acquired a new position in shares of NextEra Energy in the 2nd quarter valued at approximately $26,000. Financial Life Planners purchased a new position in shares of NextEra Energy during the 1st quarter valued at approximately $30,000. Finally, Financial Network Wealth Advisors LLC boosted its stake in shares of NextEra Energy by 83.0% during the 2nd quarter. Financial Network Wealth Advisors LLC now owns 344 shares of the utilities provider’s stock valued at $30,000 after buying an additional 156 shares during the last quarter. 78.72% of the stock is owned by institutional investors and hedge funds.
NextEra Energy News Roundup
Here are the key news stories impacting NextEra Energy this week:
- Positive Sentiment: NextEra reported third-quarter adjusted EPS of $1.24, ahead of the $1.20 consensus estimate and up from $1.13 a year earlier. Strength at Florida Power & Light (FPL) and growth at NextEra Energy Resources supported results. NextEra Energy beats third-quarter profit estimates
- Positive Sentiment: Management reaffirmed its 2026 adjusted EPS outlook of $3.92 to $4.02 and said it is targeting the high end of that range. NextEra Energy Resources added 3.7 gigawatts of renewable and storage projects, bringing its backlog to approximately 36.7 gigawatts. NextEra Energy Posts Third-Quarter GAAP Net Income
- Positive Sentiment: On the earnings call, CEO John Ketchum highlighted 9.7% EPS growth and a roughly $20 billion data-center pipeline, supporting the company’s long-term electricity-demand and infrastructure growth narrative. NextEra Energy Q3 2026 Earnings Call Transcript
- Positive Sentiment: Sanford C. Bernstein reaffirmed its “Outperform” rating and set a $108 price target, suggesting analysts see substantial longer-term upside. Bernstein rating and price target
- Neutral Sentiment: Shareholders of NextEra and Dominion approved the pending combination, which remains targeted for completion in the second half of 2027. The transaction’s eventual benefits remain dependent on regulatory approval and deal terms. Virginia Wants 6-Year Rate Freeze in NextEra-Dominion Deal
- Negative Sentiment: Revenue of $8.09 billion fell short of the $8.47 billion estimate, despite rising 1.6% year over year. The revenue miss may be limiting the market’s reaction to the EPS beat. NextEra Energy Q3 Earnings Beat on FPL Strength, Revenues Miss
- Negative Sentiment: Virginia Governor Abigail Spanberger is seeking a six-year rate freeze, increased customer bill credits and changes to the proposed Dominion transaction, while urging regulators to reject the deal in its current form. These demands could reduce the merger’s expected financial benefits or delay closing. Spanberger critical of Dominion-NextEra merger deal
- Negative Sentiment: Analyst sentiment is mixed: Barclays issued a “Hold,” while BMO lowered its price target to $88 and retained an “Outperform” rating, reflecting caution ahead of the earnings outlook and merger process. BMO cuts NextEra price target
NextEra Energy Company Profile
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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