NextEra Energy, Inc. (NEE)
NYSE: NEE · IEX Real-Time Price · USD
70.47
+0.57 (0.82%)
Jul 2, 2024, 4:00 PM EDT - Market closed
NextEra Energy Stock Forecast
Stock Price Forecast
The 17 analysts with 12-month price forecasts for NextEra Energy stock have an average target of 76.12, with a low estimate of 44 and a high estimate of 95. The average target predicts an increase of 8.02% from the current stock price of 70.47.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for NextEra Energy stock from 18 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 5 | 5 | 5 | 4 |
| Buy | 5 | 5 | 5 | 6 | 7 | 7 |
| Hold | 2 | 2 | 2 | 3 | 3 | 6 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Total | 12 | 12 | 13 | 15 | 16 | 18 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Citigroup | Citigroup | Strong Buy Maintains $69 → $84 | Strong Buy | Maintains | $69 → $84 | +19.20% | Jun 27, 2024 |
| JP Morgan | JP Morgan | Buy Maintains $76 → $90 | Buy | Maintains | $76 → $90 | +27.71% | Jun 20, 2024 |
| Barclays | Barclays | Hold Maintains $74 → $73 | Hold | Maintains | $74 → $73 | +3.59% | Jun 13, 2024 |
| RBC Capital | RBC Capital | Buy Maintains $74 → $84 | Buy | Maintains | $74 → $84 | +19.20% | Jun 12, 2024 |
| BMO Capital | BMO Capital | Buy Maintains $78 → $79 | Buy | Maintains | $78 → $79 | +12.10% | Jun 12, 2024 |
Financial Forecast
Revenue This Year
28.09B
from 28.11B
Decreased by -0.08%
Revenue Next Year
30.27B
from 28.09B
Increased by 7.76%
EPS This Year
3.44
from 3.60
Decreased by -4.38%
EPS Next Year
3.73
from 3.44
Increased by 8.30%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 33.1B | 36.1B | 39.9B | 38.8B | 41.5B |
| Avg | 28.1B | 30.3B | 32.1B | 35.1B | 37.6B |
| Low | 24.4B | 25.9B | 27.4B | 30.9B | 33.6B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 17.6% | 28.3% | 31.9% | 20.8% | 18.2% |
| Avg | -0.1% | 7.8% | 6.1% | 9.3% | 7.3% |
| Low | -13.2% | -7.7% | -9.6% | -3.6% | -4.3% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 3.62 | 3.94 | 4.41 | 4.99 | 5.67 |
| Avg | 3.44 | 3.73 | 4.03 | 4.39 | 4.80 |
| Low | 3.28 | 3.55 | 3.75 | 4.04 | 4.42 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 0.4% | 14.4% | 18.3% | 23.7% | 29.2% |
| Avg | -4.4% | 8.3% | 8.1% | 8.9% | 9.4% |
| Low | -8.8% | 3.1% | 0.7% | 0.2% | 0.7% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.