With a market cap of $146.6 billion, NextEra Energy, Inc. (NEE) is a leading clean energy company engaged in the generation, transmission, and distribution of electricity across North America. Based in Juno Beach, Florida, the company operates through subsidiaries like Florida Power & Light and NextEra Energy Resources, focusing on renewable energy solutions such as wind, solar, and battery storage.
Shares of the parent company of Florida Power & Light Co. have lagged behind the broader market over the past 52 weeks. NEE stock has returned 20.7% over this time frame, while the broader S&P 500 Index ($SPX) has rallied 22.7%. On a YTD basis, shares of NEE are down marginally, compared to SPX's 2.7% gain.
Looking closer, the clean energy giant has also underperformed the Utilities Select Sector SPDR Fund's (XLU) 26.5% return over the past 52 weeks and a 2.9% YTD gain.
Despite reporting lower-than-expected Q4 revenue of $5.5 billion, NextEra Energy stock surged over 5% on Jan. 24 as the company posted adjusted EPS of $0.53, beating the consensus estimate and reflecting year-over-year growth. NEE reaffirmed its 2025 adjusted EPS guidance of $3.45 - $3.70 and projected 6% - 8% annual EPS growth through 2027 while maintaining its plan to increase dividends by approximately 10% per year through at least 2026. Lastly, investor sentiment was boosted by NextEra Energy Resources’ addition of 3.3 GW to its renewables backlog, the announcement of a partnership with GE Vernova for natural-gas-fired projects, and progress toward restarting the Duane Arnold nuclear plant by 2028.
For the current fiscal year, ending in December 2025, analysts expect NEE's EPS to grow 7.3% year-over-year to $3.68. The company's earnings surprise history is promising. It beat the consensus estimates in the last four quarters.
Among the 20 analysts covering the stock, the consensus rating is a “Moderate Buy.” That’s based on 11 “Strong Buy” ratings, one “Moderate Buy,” seven “Holds,” and one “Strong Sell.”
On Jan. 30, Goldman Sachs analyst Carly Davenport reiterated a “Buy” rating on NextEra Energy and set a price target of $94.
As of writing, NEE is trading below the mean price target of $85.68. The Street-high price target of $102 implies a potential upside of 42.5%.
