NextEra Energy (NYSE:NEE) Given New $80.00 Price Target at Mizuho

Key Points

• Mizuho cut NextEra Energy’s price target from $95 to $80 and maintained a “neutral” rating, implying approximately 4.81% upside from the prior close.
• Analyst sentiment remains broadly positive: 18 analysts rate the stock “Buy” and five rate it “Hold,” producing a consensus “Moderate Buy” rating and an average price target of $98.95.
• NextEra reported quarterly EPS of $1.15, beating estimates of $1.11, while revenue reached $7.53 billion and rose 12.4% year over year. Institutional investors own 78.72% of the company, with several large funds initiating or expanding positions.

NextEra Energy (NYSE:NEE - Get Free Report) had its price objective reduced by research analysts at Mizuho from $95.00 to $80.00 in a report issued on Tuesday, Benzinga reports. The firm presently has a "neutral" rating on the utilities provider's stock. Mizuho's price target would indicate a potential upside of 4.81% from the stock's previous close.

Several other research firms have also issued reports on NEE. Weiss Ratings restated a "buy (b-)" rating on shares of NextEra Energy in a research report on Tuesday, September 8th. Seaport Research Partners reiterated a "sell" rating and issued a $56.00 price objective (up from $55.00) on shares of NextEra Energy in a research report on Friday. HC Wainwright reissued a "buy" rating on shares of NextEra Energy in a research note on Monday, July 27th. Wall Street Zen cut shares of NextEra Energy from a "sell" rating to a "strong sell" rating in a report on Saturday. Finally, Bank of America lowered their price target on shares of NextEra Energy from $95.00 to $93.00 and set a "neutral" rating for the company in a report on Monday, July 13th. Eighteen research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company's stock. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $98.95.

NextEra Energy Price Performance

Shares of NYSE:NEE opened at $76.33 on Tuesday. 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 stock has a market cap of $159.23 billion, a PE ratio of 17.15, a PEG ratio of 2.38 and a beta of 0.64. The company's fifty day moving average is $82.70 and its 200 day moving average is $87.41. NextEra Energy has a 52 week low of $74.41 and a 52 week high of $98.75.

NextEra Energy (NYSE:NEE - Get Free Report) last posted its quarterly earnings results on Friday, July 24th. The utilities provider reported $1.15 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.11 by $0.04. The business had revenue of $7.53 billion during the quarter, compared to analyst estimates of $8.11 billion. NextEra Energy had a net margin of 32.40% and a return on equity of 12.28%. The company's revenue was up 12.4% on a year-over-year basis. During the same period in the prior year, the business posted $1.05 earnings per share. NextEra Energy has set its FY 2026 guidance at 3.920-4.020 EPS. Research analysts anticipate that NextEra Energy will post 4.01 earnings per share for the current year.

Institutional Trading of NextEra Energy

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Legal & General Group Plc purchased a new stake in NextEra Energy in the second quarter worth about $1,465,987,000. GQG Partners LLC purchased a new position in shares of NextEra Energy during the 2nd quarter worth approximately $651,293,000. Canada Pension Plan Investment Board bought a new position in shares of NextEra Energy in the 2nd quarter worth approximately $389,527,000. Amundi raised its position in shares of NextEra Energy by 46.5% in the 2nd quarter. Amundi now owns 13,329,077 shares of the utilities provider's stock worth $1,169,839,000 after acquiring an additional 4,231,814 shares in the last quarter. Finally, Caisse de depot et placement du Quebec bought a new position in shares of NextEra Energy in the 2nd quarter worth approximately $288,886,000. Hedge funds and other institutional investors own 78.72% of the company's stock.

About NextEra Energy

NextEra Energy, Inc is an electric power and energy infrastructure company headquartered in Juno Beach, Florida. Through its principal subsidiary, Florida Power & Light Company (FPL), the company generates, transmits, distributes and sells electricity to customers across Florida. FPL serves residential, commercial and industrial customers and operates a diverse generation portfolio that includes natural gas, solar, nuclear and other resources.

NextEra Energy's other major business, NextEra Energy Resources, develops, owns and operates energy projects in the United States and Canada.

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