NextEra Energy Partners, LP (NEP) Stock Forecast, Price Target & Predictions
NEP Stock Forecast
NextEra Energy Partners, LP stock forecast is as follows: an average price target of $22.80 (represents a 117.35% upside from NEP’s last price of $10.49) and a rating consensus of 'Hold', based on 13 wall street analysts offering a 1-year stock forecast.
NEP Price Target
The average price target for NextEra Energy Partners, LP (NEP) is $22.80 based on 1-year price targets from 13 Wall Street analysts in the past 3 months, with a price target range of $28.00 to $18.00. This represents a potential 117.35% upside from NEP's last price of $10.49.
NEP Analyst Ratings
According to 13 Wall Street analysts, NextEra Energy Partners, LP's rating consensus is 'Hold'. The analyst rating breakdown for NEP stock is 0 'Strong Buy' (0.00%), 3 'Buy' (23.08%), 8 'Hold' (61.54%), 2 'Sell' (15.38%), and 0 'Strong Sell' (0.00%).
NextEra Energy Partners, LP Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Jan 13, 2025 | James Thalacker | BMO Capital | $18.00 | $18.87 | -4.61% | 71.59% |
| Jan 08, 2025 | Mark Jarvi | CIBC | $21.00 | $18.26 | 15.01% | 100.19% |
| Oct 22, 2024 | Mark Jarvi | CIBC | $32.00 | $25.00 | 28.00% | 205.05% |
| Oct 21, 2024 | James Thalacker | BMO Capital | $26.00 | $25.73 | 1.03% | 147.86% |
| Sep 30, 2024 | William Grippin | UBS | $27.00 | $28.11 | -3.95% | 157.39% |
| Sep 18, 2024 | Julien Dumoulin-Smith | Jefferies | $28.00 | $25.84 | 8.36% | 166.92% |
| Jul 31, 2024 | Robert Kad | Morgan Stanley | $20.00 | $26.35 | -24.10% | 90.66% |
| Jul 22, 2024 | James Thalacker | BMO Capital | $28.00 | $27.05 | 3.53% | 166.92% |
| Jul 01, 2024 | Shelby Tucker | RBC Capital | $30.00 | $27.64 | 8.54% | 185.99% |
| Apr 10, 2024 | Betty Jiang | Barclays | $32.00 | $30.35 | 5.44% | 205.05% |
| Sep 28, 2023 | Pavel Molchanov | Raymond James | $50.00 | $31.15 | 60.53% | 376.64% |
| Aug 29, 2023 | Pavel Molchanov | Raymond James | $60.00 | $51.25 | 17.07% | 471.97% |
| Sep 22, 2022 | Goldman Sachs | $88.00 | $80.24 | 9.67% | 738.89% | |
| Jun 13, 2022 | Morgan Stanley | $86.00 | $71.15 | 20.87% | 719.83% | |
| Apr 27, 2022 | Credit Suisse | $78.00 | $67.75 | 15.13% | 643.57% | |
| Apr 20, 2022 | Morgan Stanley | $93.00 | $75.27 | 23.56% | 786.56% | |
| Jul 23, 2021 | Colin Rusch | Oppenheimer | $95.00 | $72.42 | 31.18% | 805.62% |
| Jul 13, 2021 | Maheep Mandloi | Credit Suisse | $87.00 | $72.65 | 19.75% | 729.36% |
The latest NextEra Energy Partners, LP stock forecast, released on Jan 13, 2025 by James Thalacker from BMO Capital, set a price target of $18.00, which represents a -4.61% decrease from the stock price at the time of the forecast ($18.87), and a 71.59% increase from NEP last price ($10.49).
NextEra Energy Partners, LP Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 2 | 2 | 10 |
| Avg Price Target | $19.50 | $19.50 | $26.20 |
| Last Closing Price | $10.49 | $10.49 | $10.49 |
| Upside/Downside | 85.89% | 85.89% | 149.76% |
In the current month, the average price target of NextEra Energy Partners, LP stock is $19.50, according to 2 Wall Street analysts offering twelve months forecast. The average price target represents a 85.89% increase as opposed to NextEra Energy Partners, LP's last price of $10.49. This month's average price target is down 0.00% compared to last quarter, and down -25.57% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Jan 13, 2025 | BMO Capital | Outperform | Market Perform | Downgrade |
| Jan 08, 2025 | CIBC | Neutral | Neutral | Hold |
| Oct 22, 2024 | CIBC | Neutral | Neutral | Hold |
| Oct 21, 2024 | BMO Capital | Outperform | Outperform | Hold |
| Oct 01, 2024 | Exane BNP Paribas | Underperform | Initialise | |
| Sep 30, 2024 | UBS | Neutral | Neutral | Hold |
| Sep 18, 2024 | Jefferies | Buy | Initialise | |
| Jul 31, 2024 | Morgan Stanley | Equal-Weight | Underweight | Downgrade |
| Jul 25, 2024 | Wolfe Research | Peer Perform | Downgrade | |
| Jul 22, 2024 | BMO Capital | Outperform | Outperform | Hold |
| Jul 09, 2024 | Raymond James | Outperform | Market Perform | Downgrade |
| Jul 01, 2024 | RBC Capital | Outperform | Sector Perform | Downgrade |
| Jun 13, 2024 | Barclays | Underweight | Downgrade | |
| Oct 02, 2023 | Wells Fargo | Equal-Weight | Downgrade | |
| Sep 28, 2023 | Oppenheimer | Perform | Downgrade | |
| Sep 28, 2023 | Raymond James | Outperform | Outperform | Hold |
| Sep 20, 2023 | Morgan Stanley | Equal-Weight | Equal-Weight | Hold |
| Aug 29, 2023 | Raymond James | Market Perform | Outperform | Upgrade |
| Jun 01, 2023 | Bank of America Securities | Neutral | Upgrade | |
| May 08, 2023 | CIBC | Outperform | Upgrade | |
| Apr 26, 2023 | KeyBanc | Sector Weight | Downgrade | |
| Jan 04, 2023 | Raymond James | Market Perform | Upgrade | |
| Sep 22, 2022 | Goldman Sachs | Buy | Buy | Hold |
| Jun 17, 2022 | RBC Capital | Outperform | Upgrade | |
| Jun 15, 2022 | Credit Suisse | Outperform | Outperform | Hold |
| Jun 13, 2022 | Morgan Stanley | Equal-Weight | Equal-Weight | Hold |
| Apr 27, 2022 | Credit Suisse | Outperform | Outperform | Hold |
NextEra Energy Partners, LP's last stock rating was published by BMO Capital on Jan 13, 2025. The company Downgrade its NEP rating from "Outperform" to "Market Perform".
NextEra Energy Partners, LP Financial Forecast
NextEra Energy Partners, LP 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 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $301.00M | $266.00M | $302.00M | $362.00M | $281.00M | $231.00M | $252.00M |
| Avg Forecast | $145.51M | $640.14M | $668.28M | $561.54M | $237.54M | $404.63M | $424.57M | $337.23M | $248.67M | $373.41M | $391.04M | $321.42M | $412.16M | $363.28M | $383.31M | $308.62M | $298.01M | $332.25M | $365.54M | $331.78M | $475.41M | $414.16M | $399.76M | $360.45M | $396.90M | $378.40M | $370.40M | $365.69M | $286.76M | $363.03M |
| High Forecast | $160.81M | $707.43M | $738.53M | $620.57M | $262.51M | $447.16M | $469.20M | $372.68M | $274.81M | $412.66M | $432.14M | $355.21M | $455.49M | $401.46M | $423.60M | $343.12M | $477.43M | $337.82M | $365.54M | $331.78M | $547.99M | $561.29M | $441.78M | $398.34M | $542.69M | $378.40M | $370.40M | $365.69M | $286.76M | $363.03M |
| Low Forecast | $134.62M | $592.23M | $618.27M | $519.52M | $219.77M | $374.34M | $392.79M | $311.99M | $230.06M | $345.46M | $361.77M | $297.36M | $381.32M | $336.09M | $354.62M | $284.46M | $207.72M | $326.68M | $365.54M | $331.78M | $403.14M | $336.33M | $369.84M | $333.47M | $336.43M | $378.40M | $370.40M | $365.69M | $286.76M | $363.03M |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 5 | 4 | 4 | 4 | 5 | 7 | 6 | 3 | 2 | 2 | 2 | 2 | 3 | 4 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.84% | 0.67% | 0.80% | 0.98% | 0.77% | 0.81% | 0.69% |
NextEra Energy Partners, LP's average Quarter revenue forecast for Jun 23 based on 6 analysts is $399.76M, with a low forecast of $369.84M, and a high forecast of $441.78M. NEP's average Quarter revenue forecast represents a 32.81% increase compared to the company's last Quarter revenue of $301.00M (Mar 23).
NextEra Energy Partners, LP 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 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 5 | 4 | 4 | 4 | 5 | 7 | 6 | 3 | 2 | 2 | 2 | 2 | 3 | 4 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $177.00M | $160.00M | $171.00M | $223.00M | $176.00M | $3.00M | $149.00M |
| Avg Forecast | $81.89M | $360.27M | $376.11M | $316.04M | $133.69M | $227.72M | $238.95M | $189.79M | $139.95M | $210.15M | $220.08M | $180.89M | $231.96M | $204.45M | $215.72M | $173.69M | $167.72M | $186.99M | $205.72M | $186.73M | $267.56M | $233.09M | $224.98M | $202.86M | $7.09M | $247.43M | $242.20M | $239.12M | $187.51M | $237.38M |
| High Forecast | $90.50M | $398.14M | $415.64M | $349.26M | $147.74M | $251.66M | $264.06M | $209.74M | $154.66M | $232.25M | $243.21M | $199.91M | $256.35M | $225.94M | $238.40M | $193.11M | $268.70M | $190.13M | $205.72M | $186.73M | $308.41M | $315.89M | $248.63M | $224.19M | $8.51M | $247.43M | $242.20M | $239.12M | $187.51M | $237.38M |
| Low Forecast | $75.76M | $333.31M | $347.96M | $292.38M | $123.68M | $210.68M | $221.06M | $175.59M | $129.48M | $194.43M | $203.61M | $167.36M | $214.60M | $189.15M | $199.58M | $160.10M | $116.90M | $183.85M | $205.72M | $186.73M | $226.89M | $189.29M | $208.15M | $187.68M | $5.67M | $247.43M | $242.20M | $239.12M | $187.51M | $237.38M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.87% | 22.57% | 0.69% | 0.92% | 0.74% | 0.02% | 0.63% |
6 analysts predict NEP's average Quarter EBITDA for Jun 23 to be $224.98M, with a high of $248.63M and a low of $208.15M. This is 27.11% upper than NextEra Energy Partners, LP's previous annual EBITDA (Mar 23) of $177.00M.
NextEra Energy Partners, LP 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 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 5 | 4 | 4 | 4 | 5 | 7 | 6 | 3 | 2 | 2 | 2 | 2 | 3 | 4 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $-151.00M | $18.00M | $232.00M | $538.00M | $333.00M | $-39.00M | $18.00M |
| Avg Forecast | $-127.91M | $163.63M | $180.22M | $117.31M | $-116.47M | $146.03M | $162.22M | $104.80M | $-892.74K | $-1.51M | $59.43M | $28.78M | $72.03M | $44.89M | $45.27M | $23.89M | $48.23M | $40.35M | $70.16M | $314.72M | $38.33M | $46.79M | $77.09M | $336.60M | $-21.27M | $54.32M | $43.52M | $360.00M | $29.72M | $58.87M |
| High Forecast | $-115.46M | $186.00M | $204.85M | $133.34M | $-105.14M | $165.98M | $184.39M | $119.13M | $-805.88K | $-1.36M | $67.55M | $32.72M | $81.87M | $51.02M | $51.46M | $501.69M | $223.51M | $45.86M | $70.18M | $377.67M | $945.44M | $90.45M | $87.62M | $403.92M | $-17.02M | $54.32M | $43.52M | $432.00M | $29.72M | $58.87M |
| Low Forecast | $-145.39M | $147.71M | $162.69M | $105.89M | $-132.39M | $131.82M | $146.44M | $94.61M | $-1.01M | $-1.71M | $53.65M | $25.98M | $65.02M | $40.52M | $40.87M | $-394.19M | $-94.60M | $36.42M | $70.14M | $251.78M | $-677.14M | $9.36M | $69.59M | $269.28M | $-25.52M | $54.32M | $43.52M | $288.00M | $29.72M | $58.87M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -0.45% | -0.85% | 4.27% | 12.36% | 0.93% | -1.31% | 0.31% |
NextEra Energy Partners, LP's average Quarter net income forecast for Mar 23 is $336.60M, with a range of $269.28M to $403.92M. NEP's average Quarter net income forecast represents a 1770.00% increase compared to the company's last Quarter net income of $18.00M (Dec 22).
NextEra Energy Partners, LP 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 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 5 | 4 | 4 | 4 | 5 | 7 | 6 | 3 | 2 | 2 | 2 | 2 | 3 | 4 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Avg Forecast | $334.29K | $1.47M | $1.54M | $1.29M | $545.72K | $929.57K | $975.38K | $774.73K | $571.28K | $857.86K | $898.36K | $738.41K | $946.89K | $834.58K | $880.59K | $709.02K | $684.64K | $763.30K | $839.77K | $762.22K | $1.09M | $951.48K | $918.39K | $828.09K | $911.82K | $1.01M | $988.39K | $975.82K | $765.18K | $968.71K |
| High Forecast | $369.43K | $1.63M | $1.70M | $1.43M | $603.09K | $1.03M | $1.08M | $856.18K | $631.33K | $948.04K | $992.79K | $816.04K | $1.05M | $922.31K | $973.16K | $788.27K | $1.10M | $776.11K | $839.77K | $762.22K | $1.26M | $1.29M | $1.01M | $915.13K | $1.25M | $1.01M | $988.39K | $975.82K | $765.18K | $968.71K |
| Low Forecast | $309.27K | $1.36M | $1.42M | $1.19M | $504.88K | $860.00K | $902.39K | $716.75K | $528.52K | $793.66K | $831.13K | $683.15K | $876.02K | $772.12K | $814.69K | $653.51K | $477.20K | $750.49K | $839.77K | $762.22K | $926.15K | $772.68K | $849.66K | $766.11K | $772.90K | $1.01M | $988.39K | $975.82K | $765.18K | $968.71K |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
NextEra Energy Partners, LP'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 NEP last annual SG&A of $NaN (undefined).
NextEra Energy Partners, LP 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 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 5 | 4 | 4 | 4 | 5 | 7 | 6 | 3 | 2 | 2 | 2 | 2 | 3 | 4 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $-1.73 | $0.21 | $2.73 | $6.41 | $3.97 | $-0.51 | $0.24 |
| Avg Forecast | $-1.37 | $1.75 | $1.93 | $1.25 | $-1.25 | $1.56 | $1.74 | $1.12 | $-0.01 | $-0.02 | $0.64 | $0.31 | $0.77 | $0.48 | $0.48 | $0.26 | $0.52 | $0.43 | $0.75 | $0.28 | $0.41 | $0.50 | $0.82 | $0.47 | $0.60 | $0.58 | $0.47 | $0.40 | $0.32 | $0.63 |
| High Forecast | $-1.23 | $1.99 | $2.19 | $1.43 | $-1.12 | $1.78 | $1.97 | $1.27 | $-0.01 | $-0.01 | $0.72 | $0.35 | $0.88 | $0.55 | $0.55 | $5.37 | $2.39 | $0.49 | $0.75 | $0.32 | $10.11 | $0.97 | $0.94 | $0.54 | $0.89 | $0.58 | $0.47 | $0.40 | $0.32 | $0.63 |
| Low Forecast | $-1.55 | $1.58 | $1.74 | $1.13 | $-1.42 | $1.41 | $1.57 | $1.01 | $-0.01 | $-0.02 | $0.57 | $0.28 | $0.70 | $0.43 | $0.44 | $-4.22 | $-1.01 | $0.39 | $0.75 | $0.25 | $-7.24 | $0.10 | $0.74 | $0.43 | $0.48 | $0.58 | $0.47 | $0.40 | $0.32 | $0.63 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -3.67% | 0.35% | 4.70% | 13.77% | 9.96% | -1.60% | 0.38% |
According to 3 Wall Street analysts, NextEra Energy Partners, LP's projected average Quarter EPS for Mar 23 is $0.47, with a low estimate of $0.43 and a high estimate of $0.54. This represents a 124.64% increase compared to NEP previous annual EPS of $0.21 (Dec 22).