NextEra Energy (NYSE:NEE) Price Target Raised to $105.00 at JPMorgan Chase & Co.

NextEra Energy (NYSE:NEE) had its target price hoisted by equities researchers at JPMorgan Chase & Co. from $100.00 to $105.00 in a research report issued on Wednesday,MarketScreener reports. The firm presently has an “overweight” rating on the utilities provider’s stock. JPMorgan Chase & Co.‘s price objective would indicate a potential upside of 11.39% from the stock’s current price.

Other research analysts also recently issued reports about the company. UBS Group raised their price target on NextEra Energy from $91.00 to $104.00 and gave the company a “buy” rating in a research note on Thursday, March 5th. Jefferies Financial Group upped their price objective on NextEra Energy from $92.00 to $93.00 and gave the stock a “hold” rating in a research note on Tuesday, April 21st. Scotiabank raised their target price on shares of NextEra Energy from $102.00 to $110.00 and gave the company a “sector perform” rating in a research note on Friday, April 24th. Seaport Research Partners lowered their target price on shares of NextEra Energy from $56.00 to $55.00 and set a “sell” rating on the stock in a report on Monday, February 2nd. Finally, TD Cowen upped their price target on shares of NextEra Energy from $99.00 to $101.00 and gave the stock a “buy” rating in a research report on Monday, April 27th. One analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $99.10.

NextEra Energy Stock Down 0.3%

Shares of NYSE:NEE traded down $0.33 during trading on Wednesday, hitting $94.26. 852,574 shares of the company’s stock traded hands, compared to its average volume of 9,374,093. NextEra Energy has a 52 week low of $63.88 and a 52 week high of $98.75. The company has a current ratio of 0.54, a quick ratio of 0.44 and a debt-to-equity ratio of 1.41. The company has a market cap of $196.57 billion, a price-to-earnings ratio of 23.96, a price-to-earnings-growth ratio of 2.78 and a beta of 0.73. The company has a 50-day moving average price of $92.82 and a 200-day moving average price of $87.61.

NextEra Energy (NYSE:NEE) last released its earnings results on Thursday, April 23rd. The utilities provider reported $1.09 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.03 by $0.06. The firm had revenue of $6.70 billion during the quarter, compared to analysts’ expectations of $7.43 billion. NextEra Energy had a return on equity of 12.25% and a net margin of 29.36%.The company’s revenue was up 7.3% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.99 EPS. NextEra Energy has set its FY 2026 guidance at 3.920-4.02 EPS. As a group, research analysts forecast that NextEra Energy will post 4 EPS for the current fiscal year.

Insider Transactions at NextEra Energy

In other NextEra Energy news, EVP Terrell Kirk Crews II sold 19,672 shares of the company’s stock in a transaction on Monday, March 9th. The stock was sold at an average price of $90.27, for a total value of $1,775,791.44. Following the transaction, the executive vice president directly owned 73,857 shares of the company’s stock, valued at $6,667,071.39. This represents a 21.03% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, Treasurer James Michael May sold 7,161 shares of the business’s stock in a transaction dated Monday, March 9th. The shares were sold at an average price of $90.27, for a total transaction of $646,423.47. Following the completion of the sale, the treasurer directly owned 26,719 shares of the company’s stock, valued at approximately $2,411,924.13. The trade was a 21.14% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 31,767 shares of company stock worth $2,881,077. Company insiders own 0.18% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the stock. Walker Asset Management LLC lifted its stake in NextEra Energy by 2.2% in the first quarter. Walker Asset Management LLC now owns 5,010 shares of the utilities provider’s stock valued at $465,000 after acquiring an additional 107 shares during the last quarter. PUREfi Wealth LLC increased its stake in shares of NextEra Energy by 0.9% during 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 last quarter. Garrison Point Advisors LLC raised its holdings in shares of NextEra Energy by 0.4% during the 4th quarter. Garrison Point Advisors LLC now owns 28,267 shares of the utilities provider’s stock valued at $2,269,000 after purchasing an additional 109 shares in the last quarter. Cornerstone Planning Group LLC raised its holdings in shares of NextEra Energy by 12.8% during the 1st quarter. Cornerstone Planning Group LLC now owns 978 shares of the utilities provider’s stock valued at $94,000 after purchasing an additional 111 shares in the last quarter. Finally, Legacy Wealth Managment LLC ID lifted its stake 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 valued at $55,000 after purchasing an additional 112 shares during the last quarter. Institutional investors own 78.72% of the company’s stock.

NextEra Energy Company Profile

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.