NextEra Energy Partners, LP (NEP)
NYSE: NEP · IEX Real-Time Price · USD
29.19
-0.44 (-1.48%)
At close: Apr 25, 2024, 4:00 PM
29.24
+0.05 (0.17%)
Pre-market: Apr 26, 2024, 6:33 AM EDT
NEP Stock Forecast
Stock Price Forecast
The 16 analysts with 12-month price forecasts for NEP stock have an average target of 39.78, with a low estimate of 15.5 and a high estimate of 78. The average target predicts an increase of 36.28% from the current stock price of 29.19.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for NEP stock from 18 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Buy | 6 | 6 | 5 | 6 | 6 | 5 |
| Hold | 8 | 8 | 9 | 9 | 9 | 10 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Total | 17 | 17 | 17 | 18 | 18 | 18 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Oppenheimer | Oppenheimer | Hold Maintains n/a | Hold | Maintains | n/a | n/a | Apr 24, 2024 |
| Barclays | Barclays | Hold Initiates $32 | Hold | Initiates | $32 | +9.63% | Apr 10, 2024 |
| Raymond James | Raymond James | Buy Maintains $50 → $45 | Buy | Maintains | $50 → $45 | +54.16% | Apr 3, 2024 |
| Evercore ISI Group | Evercore ISI Group | Buy Initiates $43 | Buy | Initiates | $43 | +47.31% | Feb 13, 2024 |
| JP Morgan | JP Morgan | Hold Maintains $24 → $26 | Hold | Maintains | $24 → $26 | -10.93% | Jan 26, 2024 |
Financial Forecast
Revenue This Year
1.42B
from 1.08B
Increased by 31.91%
Revenue Next Year
1.49B
from 1.42B
Increased by 5.06%
EPS This Year
1.06
from 2.18
Decreased by -51.21%
EPS Next Year
1.18
from 1.06
Increased by 11.15%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 1.9B | 2.0B | 2.0B | 2.1B | 2.1B |
| Avg | 1.4B | 1.5B | 1.6B | 1.6B | 1.7B |
| Low | 1.2B | 1.3B | 1.3B | 1.3B | 1.4B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 80.3% | 42.1% | 37.1% | 29.0% | 28.0% |
| Avg | 31.9% | 5.1% | 7.6% | 2.1% | 1.8% |
| Low | 10.3% | -10.9% | -12.8% | -18.2% | -16.1% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 2.49 | 2.65 | 2.33 | 2.55 | 2.17 |
| Avg | 1.06 | 1.18 | 0.87 | 1.90 | 1.77 |
| Low | -1.17 | -1.03 | -1.63 | 1.42 | 1.40 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 14.2% | 148.8% | 97.2% | 194.2% | 14.5% |
| Avg | -51.2% | 11.2% | -26.7% | 119.0% | -6.9% |
| Low | - | - | - | 63.9% | -26.2% |
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.