NextEra Energy (NYSE:NEE) Stock Rating Reaffirmed as "Outperform" by Sanford C. Bernstein

NextEra Energy (NYSE:NEE - Get Free Report)'s stock had its "outperform" rating reaffirmed by investment analysts at Sanford C. Bernstein in a report issued on Wednesday, Benzinga reports. They currently have a $108.00 price objective on the utilities provider's stock. Sanford C. Bernstein's price objective would suggest a potential upside of 38.15% from the company's current price.

A number of other analysts also recently weighed in on NEE. BTIG Research reiterated a "buy" rating and set a $105.00 price target on shares of NextEra Energy in a report on Tuesday. Barclays set a $84.00 price target on NextEra Energy and gave the stock an "equal weight" rating in a report on Monday. Wells Fargo & Company upgraded NextEra Energy to a "strong-buy" rating in a report on Monday, October 12th. Bank of America decreased their price target on NextEra Energy from $95.00 to $93.00 and set a "neutral" rating for the company in a report on Monday, July 13th. Finally, Piper Sandler set a $88.00 price target on NextEra Energy in a report on Tuesday. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have issued 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 an average target price of $98.05.

NextEra Energy Trading Down 0.9%

Shares of NextEra Energy stock traded down $0.69 during trading on Wednesday, hitting $78.18. The company's stock had a trading volume of 4,968,845 shares, compared to its average volume of 10,775,482. The company has a debt-to-equity ratio of 1.45, a current ratio of 0.53 and a quick ratio of 0.44. NextEra Energy has a 52 week low of $74.41 and a 52 week high of $98.75. The stock has a market cap of $163.07 billion, a price-to-earnings ratio of 17.54, a price-to-earnings-growth ratio of 2.41 and a beta of 0.64. The stock has a 50-day moving average price of $80.86 and a two-hundred day moving average price of $86.38.

NextEra Energy (NYSE:NEE - Get Free Report) last issued its quarterly earnings data on Wednesday, October 21st. The utilities provider reported $1.24 earnings per share for the quarter, topping the consensus estimate 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 analysts' expectations of $8.47 billion. During the same quarter in the previous year, the firm posted $1.13 earnings per share. NextEra Energy's revenue for the quarter was up 1.6% on a year-over-year basis. Equities 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 made changes to their positions in NEE. Walker Asset Management LLC lifted its position in NextEra Energy by 2.2% during 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 period. PUREfi Wealth LLC boosted its holdings in NextEra Energy by 0.9% in the first 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. Cornerstone Planning Group LLC grew its position in NextEra Energy by 12.8% in the 1st quarter. Cornerstone Planning Group LLC now owns 978 shares of the utilities provider's stock worth $94,000 after purchasing an additional 111 shares during the period. Legacy Wealth Managment LLC ID grew its position in NextEra Energy by 23.2% in the 1st quarter. Legacy Wealth Managment LLC ID now owns 594 shares of the utilities provider's stock worth $55,000 after purchasing an additional 112 shares during the period. Finally, Fingerlakes Wealth Management Inc. grew its position in NextEra Energy by 0.7% in the 2nd quarter. Fingerlakes Wealth Management Inc. now owns 16,669 shares of the utilities provider's stock worth $1,463,000 after purchasing an additional 116 shares during the period. 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

About NextEra Energy

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.