Nextera Energy

NEE · NYSE

$78.86+$0.69 (+0.88%)TodayMarket closed · Oct 20, 7:59 PM ET

Prev close $78.17

NEE analyst rating

HoldConsensus of 15 analysts over the last 12 months. 60% rate it a buy.

Strong buy0
Buy9
Hold5
Underperform0
Sell1

12-month price target · 24 analysts

Average $99.41 (+26.1% upside)

Low: $55.55
Now: $78.86
High: $119.70

Upgrades and downgrades

The latest rating actions, newest first

NEE analyst upgrades, downgrades and rating actions
Firm	Date	Action	Rating	Price target	Hit rate
BMO Capital	Oct 20, 2026	Maintains	Outperform	$93.00 → $88.00	59%
Barclays	Oct 19, 2026	Maintains	Equal-Weight	$91.00 → $84.00	51%
Morgan Stanley	Oct 14, 2026	Maintains	Overweight	$111.00 → $110.00	52%
Mizuho	Oct 6, 2026	Maintains	Neutral	$95.00 → $80.00	57%
Seaport Global	Oct 2, 2026	Maintains	Sell	$55.00 → $56.00	58%
Morgan Stanley	Sep 18, 2026	Maintains	Overweight	$114.00 → $111.00	52%
Morgan Stanley	Aug 21, 2026	Maintains	Overweight	$116.00 → $114.00	52%
BMO Capital	Jul 27, 2026	Maintains	Outperform	$94.00 → $96.00	59%
BMO Capital	Jul 20, 2026	Maintains	Outperform	$102.00 → $95.00	59%
B of A Securities	Jul 13, 2026	Maintains	Neutral	$95.00 → $93.00	57%

The case for and against

Updated Nov 30, 2024

Bull case

NextEra Energy is positioned favorably due to the significant growth trajectory of both its regulated utility, Florida Power & Light (FPL), which is anticipated to achieve a 9% compound annual growth rate in regulatory capital, potentially reaching $83–86 billion, and its renewable energy segment, NextEra Energy Resources (NEER), which expects adjusted EBITDA and EPS to grow by approximately 16% and 13%, respectively, through 2027. The company's overall generation capacity is projected to expand to about 81 gigawatts by the end of 2027, illustrating a robust strategy to capitalize on the increasing demand for renewable energy alongside co-located storage initiatives. Additionally, NextEra's asset recycling funding is set to increase significantly, from $3 billion to $5-7 billion for 2024-2026, enhancing its operational flexibility and investment potential across its growing energy portfolio.

Bear case

NextEra Energy's stock has experienced a decline, underperforming the broader utility sector by over 450 basis points, following an Investor Day that failed to meet heightened investor expectations amid robust power demand. Key metrics concerning the company's renewable energy segment indicate a reduction in wind assets within the development backlog, dropping from 36% to 25% for the 2024-2027 period, which raises concerns about long-term growth potential. Additionally, external risks, such as decreasing government support for renewable energy, management changes, and elevated costs of capital, are pressuring the company's credit metrics and overall financial outlook.

Information on this page is provided for informational purposes only and is not a recommendation to buy, sell or hold any security. Investing involves risk, including possible loss of principal. Market data is delayed at least 15 minutes and is provided without warranty. Analyst ratings, price targets and company data come from third-party sources. Past performance does not guarantee future results.