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NextEra Energy, Inc. (NEE) Stock

NextEra Energy, Inc. Stock Details, Movements and Public Alerts

NextEra Energy (NEE): The World's Largest Renewable Energy Generator With a 30 GW Project Backlog

NextEra Energy operates two distinct businesses under one corporate umbrella, and both are positioned for multi-year growth. Florida Power & Light (FPL) is the largest electric utility in Florida, serving roughly 6 million customer accounts in one of the fastest-growing states in America. Energy Resources is the world's largest generator of renewable energy from wind and sun and a leader in battery storage, with 30 GW of projects in its backlog. CEO John Ketchum delivered 2025 adjusted EPS of $3.71, above the top end of guidance, and expects 8%+ compound annual EPS growth through 2032 extending to 2035. Energy Resources placed a record 7.2 GW of new capacity into service during 2025, and battery storage now represents nearly a third of the project backlog. The surge in electricity demand from AI data centers has added a new growth catalyst to NextEra's already strong development pipeline.

52-Week Range

$95.91 - $61.72

-3.22% from high · +50.39% from low

Avg Daily Volume

10,599,961

20-day average

100-day avg: 9,765,890

Fundamentals

Valuation Metrics

P/E Ratio (TTM)

28.13

Above market average

Forward P/E

21.20

Earnings expected to grow

Price to Book

3.54

EV/EBITDA

21.20

EPS (TTM)

$3.30

Price to Sales

7.06

Beta

0.75

Less volatile than market

Q:How is NEE valued relative to its earnings and growth?
NextEra Energy, Inc. trades at a P/E ratio of 28.13, which is above the market average of approximately 20. This premium valuation suggests investors expect above-average growth or the company has competitive advantages justifying the higher multiple. Looking ahead, the forward P/E of 21.20 is lower than the current P/E, indicating analysts expect earnings to grow over the next year.
Q:What is NEE's risk profile compared to the market?
With a beta of 0.75, NextEra Energy, Inc. is less volatile than the overall market. This means when the market moves up or down by 10%, this stock typically moves less than 10% in the same direction. Lower beta stocks are often preferred by conservative investors seeking stability. The price-to-book ratio of 3.54 shows investors value the company above its book value, which often reflects intangible assets or growth prospects.

Performance & Growth

Profit Margin

24.93%

Operating Margin

24.45%

EBITDA

$14.14B

Return on Equity

8.37%

Return on Assets

2.57%

Revenue Growth (YoY)

20.70%

Earnings Growth (YoY)

26.00%

Q:How profitable and efficient is NEE's business model?
NextEra Energy, Inc. achieves a profit margin of 24.93%, meaning it retains $24.93 from every $100 in revenue after all expenses. This is an impressive margin, indicating strong pricing power and efficient cost management that allows the company to generate substantial profits. The operating margin of 24.45% reveals how efficiently the company runs its core business operations before interest and taxes. With ROE at 8.37% and ROA at 2.57%, the company achieves moderate returns on invested capital.
Q:What are NEE's recent growth trends?
NextEra Energy, Inc.'s revenue grew by 20.70% year-over-year, representing robust expansion that significantly outpaces typical market growth rates. This strong top-line performance suggests the company is successfully capturing market share or benefiting from favorable industry trends. Earnings increased by 26.00% year-over-year, outpacing revenue growth through improved margins. These growth metrics should be evaluated against Utilities - Regulated Electric industry averages for proper context.

Dividend Information

Dividend Per Share

$2.49

Dividend Yield

2.69%

Ex-Dividend Date

Feb 27, 2026

Dividend Date

Mar 16, 2026

Q:What dividend income can investors expect from NEE?
NextEra Energy, Inc. offers a dividend yield of 2.69%, paying $2.49 per share annually. This above-average yield of 2-4% provides meaningful income while still allowing the company to reinvest for growth. It compares favorably to the S&P 500 average and offers competitive returns versus bonds in the current rate environment. To receive the next dividend, shares must be purchased before the ex-dividend date of Feb 27, 2026.
Q:How reliable is NEE's dividend for long-term investors?
The dividend sustainability can be assessed through the payout ratio - NextEra Energy, Inc. pays $2.49 per share in dividends against earnings of $3.30 per share, resulting in a payout ratio of 75.45%. This high payout ratio of 60-90% leaves limited earnings for reinvestment. While currently sustainable, there's less buffer for dividend growth or protection during earnings downturns. The next dividend payment is scheduled for Mar 16, 2026.

Company Size & Market

Market Cap

$193.4B

Revenue (TTM)

$27.41B

Revenue/Share (TTM)

$13.28

Shares Outstanding

2.08B

Book Value/Share

$26.22

Asset Type

EQUITY

Q:What is NEE's market capitalization and position?
NextEra Energy, Inc. has a market capitalization of $193.4B, classifying it as a large-cap stock ($10B-$200B). Large-caps are typically industry leaders with established business models, offering a balance of stability and growth potential. They often provide dividend income and are core holdings in institutional portfolios. With 2.08B shares outstanding, the company's ownership is widely distributed. As a major player in the Utilities - Regulated Electric industry, it competes with other firms in this sector.
Q:How does NEE's price compare to its book value?
NextEra Energy, Inc.'s book value per share is $26.22, while the current stock price is $92.82, resulting in a price-to-book (P/B) ratio of 3.54. This high P/B ratio indicates significant intangible assets, strong brand value, or high growth expectations. Technology and consumer brand companies often trade at elevated P/B ratios due to intellectual property and competitive advantages not reflected on the balance sheet. As EQUITY, this represents a specific type of security.

Analyst Ratings

Analyst Target Price

$93.78

1.04% upside potential

Analyst Recommendations

Strong Buy

4

Buy

12

Hold

7

Sell

1

Strong Sell

0

Q:How reliable are analyst predictions for NEE?
24 analysts cover NEE with 67% recommending buy/strong buy ratings. Analyst predictions have mixed reliability - studies show consensus rarely beats market returns consistently. The mixed views reflect uncertainty about the outlook. The consensus target of $93.78 implies 1.0% upside, but targets are often adjusted to follow price moves rather than predict them.
Q:What is the Wall Street consensus on NEE?
Current analyst recommendations:4 Strong Buy, 12 Buy, 7 Hold, 1 Sell, 0The bullish tilt suggests optimism about future prospects, though investors should conduct independent research.Remember that analyst opinions often lag price movements and can be influenced by investment banking relationships.

Fundamentals last updated: Mar 17, 2026, 02:17 AM

Technical Indicators

RSI (14-day)

58.86

Neutral

50-Day Moving Average

$87.91

5.59% above MA-50

200-Day Moving Average

$78.85

17.72% above MA-200

MACD Line

1.03

MACD Signal

1.34

MACD Histogram

-0.31

Bearish

Q:What does NEE's RSI value tell investors?
The RSI (Relative Strength Index) for NEE is currently 58.86, indicating the stock is in neutral territory (40-60 range). Neither buyers nor sellers have clear control, suggesting consolidation or balanced market forces. Combined with the price being above the 50-day moving average, this confirms bullish conditions.
Q:How should traders interpret NEE's MACD and moving average crossovers?
MACD analysis shows the MACD line at 1.03 below the signal line at 1.34, with histogram at -0.31. This bearish crossover indicates downward pressure. The 50-day MA ($87.91) is above the 200-day MA ($78.85), forming a golden cross pattern that typically signals a long-term uptrend. Price is currently above both MAs, confirming strength.

Indicators last updated: Mar 17, 2026, 12:45 AM

Active Alerts

Alert Condition
Forward P/E falls below
Threshold
18 x
Created
Jan 22, 2026, 05:12 PM
Alert Condition
Price decreases by
Threshold
5%
Created
Jan 22, 2026, 12:33 PM
Alert Condition
MA Breakout (Bearish)
Threshold
50 days
Created
Jan 22, 2026, 12:33 PM

NextEra Energy (NEE) Stock Analysis 2025: Complete Investment Guide

Two Businesses, One Growth Story

NextEra Energy's structure combines a regulated utility with a competitive energy business. Florida Power & Light serves approximately 6 million customer accounts in Florida, earning regulated returns on a growing rate base. Energy Resources develops, owns, and operates wind farms, solar installations, and battery storage systems across North America, selling electricity through long-term power purchase agreements. Both businesses are capital-intensive and both benefit from secular demand growth, but through different mechanisms.

FPL grows because Florida's population keeps expanding, requiring new generation capacity, transmission lines, and distribution infrastructure. Energy Resources grows because utilities, corporations, and governments are contracting for renewable energy at increasing rates, driven by decarbonization goals and competitive economics. The combination produces predictable earnings growth that CEO Ketchum guides at 8%+ annually through at least 2035.

The Renewable Energy Machine

Energy Resources placed 7.2 GW of new capacity into commercial operations in 2025, its highest single-year total ever. Combined with FPL additions, the company brought approximately 8.7 GW online during the year. The 30 GW project backlog provides multi-year visibility into future installations, and battery storage is the fastest-growing segment, representing nearly a third of the backlog with approximately 5 GW originated in the past 12 months alone.

Battery storage is particularly valuable because it solves the intermittency problem of wind and solar. By pairing renewables with 4-hour battery systems, NextEra can deliver dispatchable clean energy that competes with natural gas peaker plants. This capability is increasingly required by utilities and corporations that want reliable clean power, not just intermittent generation.

Financial Performance

  • •2025 Adjusted EPS: $3.71, up over 8% year-over-year, above the top end of guidance
  • •2026 EPS Guidance: $3.92-4.02, targeting the high end of the range
  • •Long-Term Growth Target: 8%+ adjusted EPS CAGR through 2032, extended through 2035
  • •Revenue (LTM): $26.3 billion across both segments
  • •FPL Investment Plan: $90-100 billion through 2032 with new rate agreement providing 10.95% allowed ROE
  • •Energy Resources Backlog: 30 GW of projects; 7.2 GW placed in service in 2025 (record)

Growth Catalysts

  • •AI Data Center Electricity Demand: Hyperscale data centers require gigawatts of reliable power; NextEra is pursuing direct power contracts and data center development projects
  • •Battery Storage Acceleration: Nearly 5 GW originated in the past year; battery-paired renewables command premium pricing and longer contract terms
  • •FPL Rate Base Growth: Florida population growth drives $90-100B capital plan; each dollar invested earns the allowed 10.95% ROE
  • •Nuclear Energy Revival: NextEra is pursuing nuclear development projects as demand for 24/7 carbon-free power increases; existing nuclear fleet at FPL already generates reliable baseload
  • •Transmission Infrastructure: Grid expansion needed to connect new renewable generation creates additional capital investment opportunities with regulated returns

Risks and Challenges

  • •Interest Rate Sensitivity: NextEra carries significant debt to fund capital projects; rising interest rates increase borrowing costs and make the dividend yield less competitive against bonds
  • •Regulatory Risk: FPL's earnings depend on favorable rate agreements with Florida regulators; adverse rate decisions could cap utility returns
  • •Renewable Energy Policy Changes: Federal tax credits (IRA) support renewable economics; policy changes or repeal could reduce project returns and slow development
  • •Supply Chain and Permitting: Large-scale renewable and battery projects face supply chain constraints, permitting delays, and interconnection queue bottlenecks
  • •Valuation Premium: NEE trades at a premium to utility peers, pricing in the growth trajectory; any guidance reduction would likely trigger significant multiple compression

Competitive Landscape

Among US utilities, NextEra is in a class of its own for renewables scale. Southern Company, Duke Energy, and Dominion Energy are large regulated utilities but with smaller renewable development operations. AES Corporation competes in renewable energy and battery storage but at roughly a third of NextEra's scale. In pure-play renewables, Brookfield Renewable Partners and Clearway Energy operate portfolios but without the regulated utility earnings base that stabilizes NextEra's overall growth.

NextEra's competitive advantage is the combination of development scale, operating expertise, and balance sheet strength. The company has developed more wind, solar, and battery projects than any competitor, giving it procurement leverage, construction expertise, and relationships with landowners and regulators that smaller developers cannot match. The FPL regulated earnings provide a stable cash flow base that supports the capital-intensive renewables development business.

Who Is This Stock Suitable For?

Perfect For

  • ✓Growth-oriented income investors who want dividend growth backed by 8%+ EPS compounding
  • ✓ESG-focused investors seeking the largest renewable energy generator with proven execution
  • ✓Long-term compounders who value multi-year earnings visibility from a 30 GW project backlog
  • ✓Investors who believe AI data center power demand creates a secular tailwind for clean energy developers

Less Suitable For

  • ✗High-yield income seekers (dividend yield is below utility sector average due to premium valuation)
  • ✗Value investors (trades at elevated P/E relative to utility peers)
  • ✗Those concerned about interest rate sensitivity in capital-intensive utilities
  • ✗Investors who believe renewable energy policy support will diminish under future administrations

Investment Thesis

NextEra Energy offers a rare combination in the utility sector: the defensiveness of a regulated Florida utility paired with the growth profile of the world's largest renewable energy developer. The 30 GW project backlog provides years of visible earnings growth, and battery storage adds a faster-growing category to the mix. CEO Ketchum's guidance of 8%+ EPS growth through 2035 is among the highest in the utility sector and has been consistently delivered.

The primary risk is valuation. NextEra trades at a premium to every utility peer, which means the stock requires continued execution on backlog conversion and earnings growth to avoid multiple compression. Interest rate increases directly pressure the stock through higher capital costs and reduced relative attractiveness of the dividend. For investors who believe electricity demand is entering a multi-decade growth phase driven by data centers, electrification, and decarbonization, NextEra is the best-positioned utility to capture that demand at scale.

Conclusion

NextEra is the highest-quality growth utility in the market, suitable for investors who want clean energy exposure with earnings predictability. The premium valuation requires faith in the 8%+ growth trajectory, but the 30 GW backlog and Florida rate base provide tangible support. Best suited as a core utility holding for long-term portfolios.
Bull Case
$95 (30% upside) - Data center contracts accelerate, battery storage margins expand, EPS growth exceeds 10%, premium multiple sustains
Base Case
$78 (7% upside) - 8% EPS growth per guidance, backlog converts on schedule, dividend grows 10%+ annually
Bear Case
$55 (25% downside) - Interest rates rise, renewable policy support weakens, growth slows below 6%, multiple compresses to utility average

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