NextEra Energy (NYSE:NEE) Earns Outperform Rating from Sanford C. Bernstein

NextEra Energy (NYSE:NEE – Get Free Report)‘s stock had its “outperform” rating reissued by Sanford C. Bernstein in a research note issued to investors on Wednesday, Benzinga reports. They currently have a $108.00 price objective on the utilities provider’s stock. Sanford C. Bernstein‘s price objective points to a potential upside of 37.97% from the stock’s previous close.

Several other equities research analysts have also 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. Jefferies Financial Group restated a “hold” rating on shares of NextEra Energy in a report on Thursday, October 8th. Weiss Ratings restated a “buy (b-)” rating on shares of NextEra Energy in a report on Tuesday, September 8th. Barclays set a $84.00 target price on shares of NextEra Energy and gave the stock an “equal weight” rating in a report on Monday. Finally, Erste Group Bank lowered shares of NextEra Energy from a “buy” rating to a “hold” rating in a report on Thursday, June 25th. One investment analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $98.05.

View Our Latest Report on NextEra Energy

NextEra Energy Price Performance

Shares of NYSE NEE traded down $0.58 during midday trading on Wednesday, reaching $78.28. The stock had a trading volume of 5,591,864 shares, compared to its average volume of 10,777,593. The stock has a 50-day moving average of $80.86 and a 200-day moving average of $86.38. 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 company has a market capitalization of $163.29 billion, a price-to-earnings ratio of 17.57, a price-to-earnings-growth ratio of 2.41 and a beta of 0.64. NextEra Energy has a 12-month low of $74.41 and a 12-month high of $98.75.

NextEra Energy (NYSE:NEE – Get Free Report) last announced its quarterly earnings results on Wednesday, October 21st. The utilities provider reported $1.24 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.20 by $0.04. NextEra Energy had a net margin of 32.40% and a return on equity of 12.28%. The company had revenue of $8.09 billion for the quarter, compared to the consensus estimate of $8.47 billion. During the same period in the previous year, the firm posted $1.13 EPS. NextEra Energy’s revenue for the quarter was up 1.6% compared to the same quarter last year. As a group, research analysts anticipate that NextEra Energy will post 4.03 EPS for the current fiscal year.

Institutional Investors Weigh In On NextEra Energy

A number of institutional investors and hedge funds have recently added to or reduced their stakes in NEE. Sowell Financial Services LLC raised its stake in shares of NextEra Energy by 1.7% during the 3rd quarter. Sowell Financial Services LLC now owns 29,001 shares of the utilities provider’s stock worth $2,197,000 after purchasing an additional 480 shares in the last quarter. City State Bank raised its stake in shares of NextEra Energy by 3.0% during the 3rd quarter. City State Bank now owns 10,779 shares of the utilities provider’s stock worth $816,000 after purchasing an additional 313 shares in the last quarter. Atticus Wealth Management LLC raised its stake in shares of NextEra Energy by 2.2% during the 3rd quarter. Atticus Wealth Management LLC now owns 21,096 shares of the utilities provider’s stock worth $1,598,000 after purchasing an additional 451 shares in the last quarter. Quadrant Capital Group LLC raised its stake in shares of NextEra Energy by 3.3% during the 3rd quarter. Quadrant Capital Group LLC now owns 55,445 shares of the utilities provider’s stock worth $4,337,000 after purchasing an additional 1,785 shares in the last quarter. Finally, Robbins Farley raised its stake in shares of NextEra Energy by 0.5% during the 3rd quarter. Robbins Farley now owns 80,106 shares of the utilities provider’s stock worth $6,067,000 after purchasing an additional 407 shares in the last quarter. Institutional investors own 78.72% of the company’s stock.

Key Headlines Impacting NextEra Energy

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. Revenue increased 1.6% year over year to $8.09 billion, while GAAP net income attributable to NextEra more than doubled to $4.775 billion, or $2.28 per diluted share. NextEra Energy Q3 Earnings Beat Estimates
  • 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. This supports the company’s long-term growth outlook amid rising electricity demand. NextEra Energy Posts Third-Quarter GAAP Net Income
  • Positive Sentiment: Management maintained its 2026 adjusted EPS guidance of $3.92 to $4.02 and said it is targeting the high end of that range, reducing concerns about a near-term earnings reset. Shareholders of NextEra and Dominion have approved the proposed combination, with closing still expected in the second half of 2027. NextEra Energy Beats Third-Quarter Profit Estimates

About NextEra Energy

(Get Free Report)

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.

Further Reading

Analyst Recommendations for NextEra Energy (NYSE:NEE)

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