NextEra Energy’s (NEE) “Outperform” Rating Reaffirmed at Sanford C. Bernstein

NextEra Energy (NYSE:NEE)‘s stock had its “outperform” rating reiterated by analysts at Sanford C. Bernstein in a report released on Wednesday, Benzinga reports. They presently have a $108.00 target price on the utilities provider’s stock. Sanford C. Bernstein‘s target price would indicate a potential upside of 37.41% from the stock’s previous close.

Other equities analysts also recently issued reports about the stock. Wall Street Zen upgraded shares of NextEra Energy from a “strong sell” rating to a “sell” rating in a report on Saturday. 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. Jefferies Financial Group restated a “hold” rating on shares of NextEra Energy in a report on Thursday, October 8th. Bank of America lowered their target price on shares of NextEra Energy from $95.00 to $93.00 and set a “neutral” rating on the stock in a report on Monday, July 13th. Finally, Erste Group Bank downgraded shares of NextEra Energy from a “buy” rating to a “hold” rating in a report on Thursday, June 25th. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat.com, NextEra Energy has an average rating of “Moderate Buy” and an average target price of $98.05.

NextEra Energy Stock Down 0.3%

Shares of NYSE:NEE traded down $0.26 during midday trading on Wednesday, reaching $78.60. The company had a trading volume of 4,376,209 shares, compared to its average volume of 10,769,500. The company has a quick ratio of 0.44, a current ratio of 0.53 and a debt-to-equity ratio of 1.45. The business’s 50 day moving average price is $80.86 and its 200 day moving average price is $86.38. The stock has a market cap of $163.96 billion, a PE ratio of 17.66, a P/E/G ratio of 2.41 and a beta of 0.64. NextEra Energy has a 1-year low of $74.41 and a 1-year high of $98.75.

NextEra Energy (NYSE:NEE) last released its 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. The business had revenue of $8.09 billion for the quarter, compared to the consensus estimate of $8.47 billion. NextEra Energy had a return on equity of 12.28% and a net margin of 32.40%. NextEra Energy’s quarterly revenue was up 1.6% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.13 earnings per share. Research analysts forecast that NextEra Energy will post 4.03 EPS for the current fiscal year.

Hedge Funds Weigh In On NextEra Energy

Institutional investors have recently bought and sold shares of the business. Walker Asset Management LLC increased its holdings in shares of 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 purchasing an additional 107 shares during the last quarter. PUREfi Wealth LLC grew its position in shares of NextEra Energy by 0.9% in the first quarter. PUREfi Wealth LLC now owns 12,594 shares of the utilities provider’s stock valued at $1,170,000 after purchasing an additional 107 shares during the last quarter. Cornerstone Planning Group LLC grew its position in shares of NextEra Energy by 12.8% in the first 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 during the last quarter. Legacy Wealth Managment LLC ID grew its position in shares of NextEra Energy by 23.2% in the first 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. Finally, Fingerlakes Wealth Management Inc. grew its position in shares of NextEra Energy by 0.7% in the second quarter. Fingerlakes Wealth Management Inc. now owns 16,669 shares of the utilities provider’s stock valued at $1,463,000 after purchasing an additional 116 shares during the last quarter. Institutional investors and hedge funds own 78.72% of the company’s stock.

NextEra Energy News Roundup

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

NextEra Energy Company Profile

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.