NextEra Energy (NYSE:NEE) Price Target Lowered to $95.00 at BMO Capital Markets

NextEra Energy (NYSE:NEE) had its price objective dropped by research analysts at BMO Capital Markets from $102.00 to $95.00 in a research note issued on Monday,Benzinga reports. The brokerage presently has an “outperform” rating on the utilities provider’s stock. BMO Capital Markets’ price target would indicate a potential upside of 7.06% from the stock’s current price.

NEE has been the subject of a number of other reports. Evercore reiterated an “outperform” rating and issued a $107.00 price target on shares of NextEra Energy in a report on Monday, May 4th. Barclays set a $91.00 target price on NextEra Energy and gave the company an “equal weight” rating in a research report on Tuesday, July 7th. HSBC increased their price objective on shares of NextEra Energy from $103.00 to $106.00 and gave the company a “buy” rating in a report on Tuesday, April 28th. BTIG Research reiterated a “buy” rating and issued a $112.00 price target on shares of NextEra Energy in a research report on Friday, April 24th. Finally, Scotiabank lifted their price target on shares of NextEra Energy from $102.00 to $110.00 and gave the stock a “sector perform” rating in a research report on Friday, April 24th. Two equities research analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $99.32.

NextEra Energy Trading Down 0.1%

Shares of NEE stock opened at $88.73 on Monday. The company has a debt-to-equity ratio of 1.41, a current ratio of 0.54 and a quick ratio of 0.44. The firm has a market cap of $185.04 billion, a P/E ratio of 22.58, a PEG ratio of 2.43 and a beta of 0.67. NextEra Energy has a 1-year low of $69.24 and a 1-year high of $98.75. The firm’s 50-day simple moving average is $87.94 and its 200-day simple moving average is $89.24.

NextEra Energy (NYSE:NEE) last released its quarterly earnings data on Thursday, April 23rd. The utilities provider reported $1.09 EPS for the quarter, topping analysts’ consensus estimates of $1.03 by $0.06. NextEra Energy had a return on equity of 12.25% and a net margin of 29.36%.The business had revenue of $6.70 billion during the quarter, compared to the consensus estimate of $7.43 billion. During the same period in the prior year, the firm posted $0.99 EPS. The business’s revenue for the quarter was up 7.3% on a year-over-year basis. NextEra Energy has set its FY 2026 guidance at 3.920-4.02 EPS. As a group, equities analysts forecast that NextEra Energy will post 4.01 EPS for the current year.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in NEE. Anfield Capital Management LLC grew its holdings in NextEra Energy by 692.3% during the fourth quarter. Anfield Capital Management LLC now owns 309 shares of the utilities provider’s stock valued at $25,000 after purchasing an additional 270 shares during the last quarter. Laurel Wealth Advisors LLC acquired a new stake in shares of NextEra Energy in the fourth quarter worth $25,000. Financial Life Planners bought a new stake in shares of NextEra Energy during the 1st quarter worth $30,000. Wealth Watch Advisors INC boosted its holdings in shares of NextEra Energy by 223.8% during the 4th quarter. Wealth Watch Advisors INC now owns 327 shares of the utilities provider’s stock worth $26,000 after buying an additional 226 shares during the period. Finally, Manning & Napier Advisors LLC grew its stake in NextEra Energy by 104.9% in the 1st quarter. Manning & Napier Advisors LLC now owns 336 shares of the utilities provider’s stock valued at $31,000 after buying an additional 172 shares during the last quarter. Institutional investors and hedge funds own 78.72% of the company’s stock.

About NextEra Energy

NextEra Energy, Inc (NYSE: NEE), headquartered in Juno Beach, Florida, is a leading clean energy company with both regulated utility operations and competitive renewable generation businesses. The company’s principal operating subsidiaries include Florida Power & Light Company (FPL), a regulated electric utility serving customers in Florida, and NextEra Energy Resources, which develops, constructs, owns and operates a large portfolio of wind, solar and energy storage projects. Together these businesses provide electricity supply, transmission and distribution services as well as utility-scale renewable generation and related services.

NextEra’s activities cover the full lifecycle of power assets, from project development and construction to operation, maintenance and asset optimization.