BMO Capital Markets Has Lowered Expectations for NextEra Energy (NYSE:NEE) Stock Price

NextEra Energy (NYSE:NEEGet Free Report) had its price target decreased by investment analysts at BMO Capital Markets from $102.00 to $95.00 in a research report issued to clients and investors on Monday, Marketbeat Ratings reports. The firm presently has an “outperform” rating on the utilities provider’s stock. BMO Capital Markets’ price objective suggests a potential upside of 8.29% from the stock’s previous close.

A number of other equities analysts also recently issued reports on the company. JPMorgan Chase & Co. raised their price objective on NextEra Energy from $100.00 to $105.00 and gave the stock an “overweight” rating in a research report on Wednesday, May 13th. Evercore reissued an “outperform” rating and set a $107.00 target price on shares of NextEra Energy in a research report on Monday, May 4th. TD Cowen raised their price target on shares of NextEra Energy from $99.00 to $101.00 and gave the stock a “buy” rating in a report on Monday, April 27th. Jefferies Financial Group set a $94.00 price target on shares of NextEra Energy in a research report on Tuesday, July 14th. Finally, Barclays set a $91.00 price objective on shares of NextEra Energy and gave the company an “equal weight” rating in a research note on Tuesday, July 7th. Two equities research analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and six have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $99.32.

Read Our Latest Research Report on NextEra Energy

NextEra Energy Stock Performance

NYSE NEE opened at $87.73 on Monday. The company has a market capitalization of $182.95 billion, a price-to-earnings ratio of 22.32, a PEG ratio of 2.40 and a beta of 0.67. NextEra Energy has a twelve month low of $69.24 and a twelve month high of $98.75. The stock has a fifty day simple moving average of $87.67 and a 200 day simple moving average of $89.35. The company has a quick ratio of 0.44, a current ratio of 0.54 and a debt-to-equity ratio of 1.41.

NextEra Energy (NYSE:NEEGet Free Report) last announced its earnings results on Thursday, April 23rd. The utilities provider reported $1.09 EPS for the quarter, topping the consensus estimate of $1.03 by $0.06. NextEra Energy had a return on equity of 12.25% and a net margin of 29.36%.The firm had revenue of $6.70 billion for the quarter, compared to the consensus estimate of $7.43 billion. During the same period in the previous year, the business earned $0.99 EPS. The business’s quarterly revenue was up 7.3% compared to the same quarter last year. NextEra Energy has set its FY 2026 guidance at 3.920-4.02 EPS. Sell-side analysts expect that NextEra Energy will post 4.01 EPS for the current year.

Institutional Investors Weigh In On NextEra Energy

A number of hedge funds have recently added to or reduced their stakes in the company. Laurel Wealth Advisors LLC bought a new position in shares of NextEra Energy in the 4th quarter worth $25,000. Anfield Capital Management LLC increased its stake in NextEra Energy by 692.3% during the 4th quarter. Anfield Capital Management LLC now owns 309 shares of the utilities provider’s stock valued at $25,000 after purchasing an additional 270 shares in the last quarter. Wealth Watch Advisors INC increased its stake in NextEra Energy by 223.8% during the 4th quarter. Wealth Watch Advisors INC now owns 327 shares of the utilities provider’s stock valued at $26,000 after purchasing an additional 226 shares in the last quarter. Osbon Capital Management LLC acquired a new position in NextEra Energy during the fourth quarter worth $27,000. Finally, Strive Asset Management LLC acquired a new position in NextEra Energy during the third quarter worth $29,000. Institutional investors and hedge funds own 78.72% of the company’s stock.

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NextEra Energy Company Profile

(Get Free Report)

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.

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Analyst Recommendations for NextEra Energy (NYSE:NEE)

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