With a market cap of $146.6 billion, NextEra Energy, Inc. (NEE) is a leading clean energy company engaged in the generation, transmission, and distribution of electricity across North America. Based in Juno Beach, Florida, the company operates through subsidiaries like Florida Power & Light and NextEra Energy Resources, focusing on renewable energy solutions such as wind, solar, and battery storage.
Shares of the parent company of Florida Power & Light Co. have lagged behind the broader market over the past 52 weeks. NEE stock has returned 20.7% over this time frame, while the broader S&P 500 Index ($SPX) has rallied 22.7%. On a YTD basis, shares of NEE are down marginally, compared to SPX’s 2.7% gain.
Looking closer, the clean energy giant has also underperformed the Utilities Select Sector SPDR Fund’s (XLU) 26.5% return over the past 52 weeks and a 2.9% YTD gain.
Despite reporting lower-than-expected Q4 revenue of $5.5 billion, NextEra Energy stock surged over 5% on Jan. 24 as the company posted adjusted EPS of $0.53, beating the consensus estimate and reflecting year-over-year growth. NEE reaffirmed its 2025 adjusted EPS guidance of $3.45 – $3.70 and projected 6% – 8% annual EPS growth through 2027 while maintaining its plan to increase dividends by approximately 10% per year through at least 2026. Lastly, investor sentiment was boosted by NextEra Energy Resources’ addition of 3.3 GW to its renewables backlog, the announcement of a partnership with GE Vernova for natural-gas-fired projects, and progress toward restarting the Duane Arnold nuclear plant by 2028.
For the current fiscal year, ending in December 2025, analysts expect NEE’s EPS to grow 7.3% year-over-year to $3.68. The company’s earnings surprise history is promising. It beat the consensus estimates in the last four quarters.
Among the 20 analysts covering the stock, the consensus rating is a “Moderate Buy.” That’s based on 11 “Strong Buy” ratings, one “Moderate Buy,” seven “Holds,” and one “Strong Sell.”
On Jan. 30, Goldman Sachs analyst Carly Davenport reiterated a “Buy” rating on NextEra Energy and set a price target of $94.
As of writing, NEE is trading below the mean price target of $85.68. The Street-high price target of $102 implies a potential upside of 42.5%.
On the date of publication, Sohini Mondal did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.
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