NextEra Energy (NYSE:NEE – Get Free Report)‘s stock had its “outperform” rating reiterated by investment analysts at 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 would indicate a potential upside of 38.28% from the company’s current price.
Several other research analysts have also weighed in on the stock. Scotiabank dropped their price objective on shares of NextEra Energy from $110.00 to $99.00 and set an “outperform” rating on the stock in a research note on Wednesday, September 30th. Weiss Ratings reissued a “buy (b-)” rating on shares of NextEra Energy in a research report on Tuesday, September 8th. Seaport Research Partners reissued a “sell” rating and set a $56.00 price objective (up from $55.00) on shares of NextEra Energy in a report on Friday, October 2nd. Erste Group Bank cut shares of NextEra Energy from a “buy” rating to a “hold” rating in a research note on Thursday, June 25th. Finally, Mizuho cut their price objective on NextEra Energy from $95.00 to $80.00 and set a “neutral” rating for the company in a research report on Tuesday, October 6th. One analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and five have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $98.05.
Read Our Latest Stock Analysis on NextEra Energy
NextEra Energy Price Performance
NYSE NEE traded down $0.76 on Wednesday, reaching $78.10. The company’s stock had a trading volume of 14,693,768 shares, compared to its average volume of 10,825,118. The firm’s 50 day moving average is $80.86 and its two-hundred day moving average is $86.38. The stock has a market cap of $162.92 billion, a PE ratio of 17.55, a PEG ratio of 2.41 and a beta of 0.64. The company has a debt-to-equity ratio of 1.45, a quick ratio of 0.44 and a current ratio of 0.53. NextEra Energy has a twelve month low of $74.41 and a twelve month high of $98.75.
NextEra Energy (NYSE:NEE – Get Free Report) last posted its quarterly earnings results on Wednesday, October 21st. The utilities provider reported $1.24 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.20 by $0.04. The firm had revenue of $8.09 billion for 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 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. As a group, sell-side analysts predict that NextEra Energy will post 4.03 EPS for the current year.
Hedge Funds Weigh In On NextEra Energy
Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Walker Asset Management LLC lifted its position in shares of NextEra Energy by 2.2% during the 1st quarter. Walker Asset Management LLC now owns 5,010 shares of the utilities provider’s stock worth $465,000 after buying an additional 107 shares in the last quarter. PUREfi Wealth LLC raised its holdings in shares of NextEra Energy by 0.9% in the 1st quarter. PUREfi Wealth LLC now owns 12,594 shares of the utilities provider’s stock worth $1,170,000 after purchasing an additional 107 shares during the period. Cornerstone Planning Group LLC raised its holdings in shares of NextEra Energy by 12.8% in the 1st quarter. Cornerstone Planning Group LLC now owns 978 shares of the utilities provider’s stock worth $94,000 after purchasing an additional 111 shares during the period. Legacy Wealth Managment LLC ID raised its holdings in shares of NextEra Energy by 23.2% in the 1st quarter. Legacy Wealth Managment LLC ID now owns 594 shares of the utilities provider’s stock worth $55,000 after purchasing an additional 112 shares during the period. Finally, Fingerlakes Wealth Management Inc. raised its holdings in shares of NextEra Energy by 0.7% in the 2nd quarter. Fingerlakes Wealth Management Inc. now owns 16,669 shares of the utilities provider’s stock worth $1,463,000 after purchasing an additional 116 shares during the period. 78.72% of the stock is owned by institutional investors and hedge funds.
Trending Headlines about NextEra Energy
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
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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