NextEra Energy Partners, LP (NEP)
NYSE: NEP · Real-Time Price · USD
17.05
+0.14 (0.83%)
At close: Jan 17, 2025, 4:00 PM
17.10
+0.05 (0.29%)
Pre-market: Jan 21, 2025, 8:45 AM EST
NEP Stock Forecast
Stock Price Forecast
The 16 analysts with 12-month price forecasts for NEP stock have an average target of 23.13, with a low estimate of 14 and a high estimate of 30. The average target predicts an increase of 35.66% from the current stock price of 17.05.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for NEP stock from 19 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 | Jan '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 2 | 1 | 1 | 1 | 1 |
| Buy | 2 | 2 | 2 | 2 | 3 | 2 |
| Hold | 11 | 9 | 10 | 10 | 11 | 12 |
| Sell | 3 | 3 | 3 | 3 | 3 | 3 |
| Strong Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Total | 18 | 17 | 17 | 17 | 19 | 19 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| BMO Capital | BMO Capital | Buy → Hold Downgrades $26 → $18 | Buy → Hold | Downgrades | $26 → $18 | +5.57% | Jan 13, 2025 |
| CIBC | CIBC | Hold Maintains $26 → $21 | Hold | Maintains | $26 → $21 | +23.17% | Jan 8, 2025 |
| Scotiabank | Scotiabank | Hold Maintains $26 → $15 | Hold | Maintains | $26 → $15 | -12.02% | Dec 12, 2024 |
| Morgan Stanley | Morgan Stanley | Sell → Buy Upgrades $22 | Sell → Buy | Upgrades | $22 | +29.03% | Dec 2, 2024 |
| Seaport Global | Seaport Global | Strong Sell Maintains $15 → $14 | Strong Sell | Maintains | $15 → $14 | -17.89% | Oct 28, 2024 |
Financial Forecast
Revenue This Year
1.31B
from 1.08B
Increased by 21.06%
Revenue Next Year
1.37B
from 1.31B
Increased by 4.75%
EPS This Year
1.75
from 2.18
Decreased by -19.56%
EPS Next Year
2.17
from 1.75
Increased by 23.70%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 1.6B | 1.6B | 1.7B | ||
| Avg | 1.3B | 1.4B | 1.4B | ||
| Low | 1.2B | 1.1B | 1.2B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 48.7% | 24.3% | 26.8% | ||
| Avg | 21.1% | 4.8% | 4.0% | ||
| Low | 8.4% | -12.3% | -15.9% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 3.42 | 3.77 | 3.49 | |
| Avg | 1.75 | 2.17 | 2.27 | |
| Low | 0.87 | 0.85 | 0.26 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 57.0% | 115.1% | 60.7% | |
| Avg | -19.6% | 23.7% | 4.8% | |
| Low | -60.0% | -51.4% | -87.8% |
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.