NextEra Energy (NEE) Stock Forecast, Price Target & Predictions
NEE Stock Forecast
NextEra Energy stock forecast is as follows: an average price target of $83.65 (represents a 4.59% upside from NEE’s last price of $79.98) and a rating consensus of 'Buy', based on 16 wall street analysts offering a 1-year stock forecast.
NEE Price Target
The average price target for NextEra Energy (NEE) is $83.65 based on 1-year price targets from 16 Wall Street analysts in the past 3 months, with a price target range of $110.00 to $44.00. This represents a potential 4.59% upside from NEE's last price of $79.98.
NEE Analyst Ratings
According to 16 Wall Street analysts, NextEra Energy's rating consensus is 'Buy'. The analyst rating breakdown for NEE stock is 0 'Strong Buy' (0.00%), 12 'Buy' (75.00%), 2 'Hold' (12.50%), 2 'Sell' (12.50%), and 0 'Strong Sell' (0.00%).
NextEra Energy Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Jul 15, 2024 | James Thalacker | BMO Capital | $83.00 | $72.01 | 15.26% | 3.78% |
| Jun 12, 2024 | Andrew Weisel | Scotiabank | $73.00 | $72.33 | 0.92% | -8.73% |
| Jun 12, 2024 | James Thalacker | BMO Capital | $79.00 | $72.74 | 8.61% | -1.23% |
| Jun 12, 2024 | Shelby Tucker | RBC Capital | $84.00 | $71.45 | 17.56% | 5.03% |
| Jun 11, 2024 | Daniel RIch | CFRA | $85.00 | $72.74 | 16.85% | 6.28% |
| Jun 05, 2024 | Nicholas Campanella | Barclays | $74.00 | $77.15 | -4.08% | -7.48% |
| May 28, 2024 | David Arcaro | Morgan Stanley | $83.00 | $76.95 | 7.86% | 3.78% |
| May 07, 2024 | James Thalacker | BMO Capital | $78.00 | $71.25 | 9.47% | -2.48% |
| Apr 25, 2024 | James Thalacker | BMO Capital | $72.00 | $65.98 | 9.12% | -9.98% |
| Apr 16, 2024 | James Thalacker | BMO Capital | $68.00 | $62.75 | 8.37% | -14.98% |
The latest NextEra Energy stock forecast, released on Jul 15, 2024 by James Thalacker from BMO Capital, set a price target of $83.00, which represents a 15.26% increase from the stock price at the time of the forecast ($72.01), and a 3.78% increase from NEE last price ($79.98).
NextEra Energy Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 5 | 18 |
| Avg Price Target | - | $80.80 | $75.61 |
| Last Closing Price | $79.98 | $79.98 | $79.98 |
| Upside/Downside | -100.00% | 1.03% | -5.46% |
In the current month, the average price target of NextEra Energy stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to NextEra Energy's last price of $79.98. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Aug 23, 2024 | Morgan Stanley | Overweight | Overweight | Hold |
| Aug 20, 2024 | Scotiabank | Outperform | Outperform | Hold |
| Aug 16, 2024 | Barclays | Equal-Weight | Equal-Weight | Hold |
| Jul 26, 2024 | Barclays | Equal-Weight | Equal-Weight | Hold |
| Jul 15, 2024 | BMO Capital | Outperform | Outperform | Hold |
| Jun 26, 2024 | Citigroup | Buy | Buy | Hold |
| Jun 12, 2024 | Scotiabank | Sector Outperform | Sector Outperform | Hold |
| Jun 12, 2024 | BMO Capital | Outperform | Outperform | Hold |
| Jun 12, 2024 | RBC Capital | Outperform | Outperform | Hold |
| Jun 12, 2024 | Goldman Sachs | Buy | Buy | Hold |
NextEra Energy's last stock rating was published by Morgan Stanley on Aug 23, 2024. The company gave NEE a "Overweight" rating, the same as its previous rate.
NextEra Energy Financial Forecast
NextEra Energy Revenue Forecast
| Dec 28 | Sep 28 | Jun 28 | Mar 28 | Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $-2.87B | $7.17B | $7.35B | $6.72B | $6.16B | $6.72B | - | $2.89B | $5.05B | $4.37B |
| Avg Forecast | $8.95B | $8.63B | $7.93B | $5.92B | $8.49B | $8.10B | $7.41B | $5.57B | $7.73B | $7.42B | $7.05B | $5.56B | $7.61B | $7.45B | $7.37B | $6.63B | $7.65B | $8.07B | $7.27B | $6.10B | $5.72B | $7.07B | $6.35B | $5.61B | $6.30B | $5.99B | $5.35B | $5.19B | $6.25B | $5.44B |
| High Forecast | $9.53B | $9.19B | $8.44B | $6.30B | $9.04B | $8.63B | $7.89B | $5.93B | $8.23B | $7.91B | $7.51B | $5.92B | $8.10B | $7.93B | $7.84B | $7.06B | $8.15B | $8.44B | $7.75B | $6.50B | $5.90B | $7.48B | $6.76B | $5.97B | $6.71B | $6.38B | $5.35B | $5.71B | $6.87B | $5.98B |
| Low Forecast | $7.62B | $7.35B | $6.75B | $5.04B | $7.23B | $6.90B | $6.31B | $4.75B | $6.58B | $6.32B | $6.00B | $4.74B | $6.48B | $6.34B | $6.27B | $5.65B | $6.51B | $7.80B | $6.19B | $5.20B | $5.49B | $6.56B | $5.40B | $4.78B | $5.37B | $5.10B | $5.35B | $4.55B | $5.48B | $4.76B |
| # Analysts | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 1 | 3 | 7 | 6 | 3 | 2 | 2 | 2 | 3 | 4 | 5 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -0.50% | 1.01% | 1.16% | 1.20% | 0.98% | 1.12% | - | 0.56% | 0.81% | 0.80% |
NextEra Energy's average Quarter revenue forecast for Mar 24 based on 1 analysts is $6.10B, with a low forecast of $5.20B, and a high forecast of $6.50B. NEE's average Quarter revenue forecast represents a -312.55% decrease compared to the company's last Quarter revenue of $-2.87B (Dec 23).
NextEra Energy EBITDA Forecast
| Dec 28 | Sep 28 | Jun 28 | Mar 28 | Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 1 | 3 | 7 | 6 | 3 | 2 | 2 | 2 | 3 | 4 | 5 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $-4.99B | $3.04B | $4.62B | $4.16B | $3.07B | $3.40B | - | $220.00M | $3.12B | $2.05B |
| Avg Forecast | $4.35B | $4.19B | $3.85B | $2.88B | $4.13B | $3.94B | $3.60B | $2.71B | $3.75B | $3.61B | $3.43B | $2.70B | $3.69B | $3.62B | $3.58B | $3.22B | $3.72B | $3.92B | $3.53B | $1.43B | $2.78B | $3.44B | $3.08B | $1.13B | $3.06B | $2.16B | $2.60B | $895.49M | $3.04B | $1.97B |
| High Forecast | $4.63B | $4.47B | $4.10B | $3.06B | $4.39B | $4.19B | $3.83B | $2.88B | $4.00B | $3.84B | $3.65B | $2.88B | $3.93B | $3.85B | $3.81B | $3.43B | $3.96B | $4.10B | $3.76B | $1.72B | $2.87B | $3.63B | $3.28B | $1.36B | $3.26B | $2.60B | $2.60B | $1.07B | $3.65B | $2.36B |
| Low Forecast | $3.70B | $3.57B | $3.28B | $2.45B | $3.51B | $3.35B | $3.07B | $2.31B | $3.20B | $3.07B | $2.92B | $2.30B | $3.15B | $3.08B | $3.05B | $2.74B | $3.16B | $3.79B | $3.01B | $1.15B | $2.67B | $3.18B | $2.63B | $906.24M | $2.61B | $1.73B | $2.60B | $716.39M | $2.43B | $1.57B |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -1.79% | 0.89% | 1.50% | 3.67% | 1.00% | 1.57% | - | 0.25% | 1.03% | 1.04% |
3 analysts predict NEE's average Quarter EBITDA for Dec 23 to be $2.78B, with a high of $2.87B and a low of $2.67B. This is -8.65% lower than NextEra Energy's previous annual EBITDA (Sep 23) of $3.04B.
NextEra Energy Net Income Forecast
| Dec 28 | Sep 28 | Jun 28 | Mar 28 | Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 1 | 3 | 7 | 6 | 3 | 2 | 2 | 2 | 3 | 4 | 5 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $-1.55B | $1.22B | $2.79B | $2.09B | $1.52B | $1.70B | - | $-693.00M | $953.00M | $447.00M |
| Avg Forecast | $3.03B | $2.82B | $2.35B | $1.03B | $2.09B | $2.51B | $2.36B | $1.80B | $1.58B | $2.28B | $2.28B | $2.05B | $1.24B | $2.49B | $2.00B | $1.93B | $1.19B | $1.99B | $1.95B | $-691.21M | $1.00B | $1.81B | $1.67B | $-546.41M | $1.01B | $471.21M | $1.56B | $-431.94M | $1.17B | $428.37M |
| High Forecast | $3.28B | $3.06B | $2.55B | $1.11B | $2.26B | $2.72B | $2.56B | $1.95B | $1.71B | $2.47B | $2.47B | $2.23B | $1.34B | $2.70B | $2.17B | $2.09B | $1.29B | $2.33B | $2.12B | $-552.97M | $1.05B | $1.94B | $1.81B | $-437.13M | $1.09B | $565.45M | $1.56B | $-345.55M | $1.41B | $514.05M |
| Low Forecast | $2.44B | $2.28B | $1.90B | $828.63M | $1.68B | $2.03B | $1.91B | $1.45B | $1.27B | $1.84B | $1.84B | $1.66B | $1.00B | $2.01B | $1.61B | $1.56B | $956.42M | $1.58B | $1.58B | $-829.45M | $963.40M | $1.65B | $1.35B | $-655.69M | $812.31M | $376.97M | $1.56B | $-518.33M | $939.12M | $342.70M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -1.54% | 0.67% | 1.67% | -3.82% | 1.51% | 3.60% | - | 1.60% | 0.81% | 1.04% |
NextEra Energy's average Quarter net income forecast for Dec 23 is $1.00B, with a range of $963.40M to $1.05B. NEE's average Quarter net income forecast represents a -17.60% decrease compared to the company's last Quarter net income of $1.22B (Sep 23).
NextEra Energy SG&A Forecast
| Dec 28 | Sep 28 | Jun 28 | Mar 28 | Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 1 | 3 | 7 | 6 | 3 | 2 | 2 | 2 | 3 | 4 | 5 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Avg Forecast | $96.92M | $93.50M | $85.86M | $64.13M | $91.99M | $87.73M | $80.25M | $60.36M | $83.68M | $80.41M | $76.37M | $60.24M | $82.37M | $80.65M | $79.78M | $71.84M | $82.85M | $87.39M | $78.78M | $66.12M | $61.99M | $76.58M | $68.75M | $60.76M | $68.25M | $64.90M | $57.96M | $47.20M | $56.83M | $49.42M |
| High Forecast | $103.21M | $99.56M | $91.43M | $68.29M | $97.96M | $93.43M | $85.46M | $64.27M | $89.10M | $85.62M | $81.33M | $64.15M | $87.72M | $85.88M | $84.95M | $76.50M | $88.23M | $91.46M | $83.89M | $70.41M | $63.91M | $81.01M | $73.21M | $64.70M | $72.68M | $69.11M | $57.96M | $51.88M | $62.46M | $54.32M |
| Low Forecast | $82.53M | $79.61M | $73.11M | $54.61M | $78.33M | $74.71M | $68.34M | $51.40M | $71.25M | $68.47M | $65.03M | $51.30M | $70.14M | $68.68M | $67.93M | $61.17M | $70.55M | $84.51M | $67.08M | $56.30M | $59.47M | $71.00M | $58.54M | $51.74M | $58.12M | $55.26M | $57.96M | $41.34M | $49.76M | $43.28M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
NextEra Energy's average Quarter SG&A projection for undefined is $NaN, based on undefined Wall Street analysts, with a range of $NaN to $NaN. The forecast indicates a NaN% fall compared to NEE last annual SG&A of $NaN (undefined).
NextEra Energy EPS Forecast
| Dec 28 | Sep 28 | Jun 28 | Mar 28 | Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 1 | 3 | 7 | 6 | 3 | 2 | 2 | 2 | 3 | 4 | 5 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $-3.01 | $0.60 | $1.38 | $1.03 | $0.77 | $0.86 | - | $-0.35 | $0.48 | $0.23 |
| Avg Forecast | $1.47 | $1.37 | $1.14 | $0.50 | $1.01 | $1.22 | $1.15 | $0.87 | $0.77 | $1.11 | $1.11 | $1.00 | $0.60 | $1.21 | $0.97 | $0.94 | $0.58 | $0.97 | $0.95 | $0.81 | $0.49 | $0.88 | $0.81 | $0.76 | $0.49 | $0.80 | $0.76 | $0.71 | $0.39 | $0.72 |
| High Forecast | $1.60 | $1.49 | $1.24 | $0.54 | $1.10 | $1.32 | $1.24 | $0.95 | $0.83 | $1.20 | $1.20 | $1.08 | $0.65 | $1.31 | $1.05 | $1.02 | $0.62 | $1.13 | $1.03 | $0.88 | $0.51 | $0.94 | $0.88 | $0.82 | $0.53 | $0.87 | $0.76 | $0.81 | $0.44 | $0.81 |
| Low Forecast | $1.19 | $1.11 | $0.92 | $0.40 | $0.82 | $0.98 | $0.93 | $0.70 | $0.62 | $0.89 | $0.89 | $0.81 | $0.49 | $0.98 | $0.78 | $0.76 | $0.46 | $0.77 | $0.77 | $0.65 | $0.47 | $0.80 | $0.66 | $0.61 | $0.39 | $0.65 | $0.76 | $0.60 | $0.33 | $0.60 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -6.17% | 0.68% | 1.70% | 1.36% | 1.57% | 1.07% | - | -0.49% | 1.23% | 0.32% |
According to 3 Wall Street analysts, NextEra Energy's projected average Quarter EPS for Dec 23 is $0.49, with a low estimate of $0.47 and a high estimate of $0.51. This represents a -18.67% decrease compared to NEE previous annual EPS of $0.60 (Sep 23).
NEE Forecast FAQ
Is NextEra Energy a good buy?
Yes, according to 16 Wall Street analysts, NextEra Energy (NEE) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 12 'Buy' recommendations, accounting for 75.00% of NEE's total ratings.
What is NEE's price target?
NextEra Energy (NEE) average price target is $83.65 with a range of $44 to $110, implying a 4.59% from its last price of $79.98. The data is based on 16 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will NextEra Energy stock go up soon?
According to Wall Street analysts' prediction for NEE stock, the company can go up by 4.59% (from the last price of $79.98 to the average price target of $83.65), up by 37.53% based on the highest stock price target, and down by -44.99% based on the lowest stock price target.
Can NextEra Energy stock reach $120?
NEE's average twelve months analyst stock price target of $83.65 does not support the claim that NextEra Energy can reach $120 in the near future.
What are NextEra Energy's analysts' financial forecasts?
NextEra Energy's analysts financial forecasts for the fiscal year (Dec 2027) are as follows: average revenue is $29.57B (high $31.49B, low $25.18B), average EBITDA is $14.37B (high $15.3B, low $12.24B), average net income is $8.76B (high $9.5B, low $7.07B), average SG&A $320.33M (high $341.12M, low $272.77M), and average EPS is $4.25 (high $4.61, low $3.43). NEE's analysts financial forecasts for the fiscal year (Dec 2028) are as follows: average revenue is $31.43B (high $33.47B, low $26.76B), average EBITDA is $15.27B (high $16.26B, low $13B), average net income is $9.23B (high $10.01B, low $7.45B), average SG&A $340.41M (high $362.5M, low $289.87M), and average EPS is $4.48 (high $4.86, low $3.62).
Did the NEE's actual financial results beat the analysts' financial forecasts?
Based on NextEra Energy's last annual report (Dec 2023), the company's revenue was $18.36B, which missed the average analysts forecast of $24.75B by -25.80%. Apple's EBITDA was $8.35B, missing the average prediction of $10.43B by -19.96%. The company's net income was $4.55B, beating the average estimation of $3.95B by 15.35%. Apple's SG&A was $0, missing the average forecast of $268.09M by -100.00%. Lastly, the company's EPS was $0, missing the average prediction of $2.94 by -100.00%. In terms of the last quarterly report (Dec 2023), NextEra Energy's revenue was $-2.872B, missing the average analysts' forecast of $5.72B by -150.18%. The company's EBITDA was $-4.991B, missing the average prediction of $2.78B by -279.48%. NextEra Energy's net income was $-1.548B, missing the average estimation of $1B by -254.12%. The company's SG&A was $0, missing the average forecast of $61.99M by -100.00%. Lastly, the company's EPS was $-3.01, missing the average prediction of $0.488 by -716.80%