Mizuho Issues Pessimistic Forecast for NextEra Energy (NYSE:NEE) Stock Price

NextEra Energy (NYSE:NEE – Get Free Report) had its price objective reduced by stock analysts at Mizuho from $95.00 to $80.00 in a research report issued to clients and investors on Tuesday, MarketBeat.com reports. The brokerage currently has a “neutral” rating on the utilities provider’s stock. Mizuho’s price target points to a potential upside of 3.80% from the company’s previous close.

NEE has been the subject of several other reports. Sanford C. Bernstein restated an “outperform” rating and issued a $108.00 target price on shares of NextEra Energy in a research note on Monday, July 27th. BMO Capital Markets upped their price target on NextEra Energy from $94.00 to $96.00 and gave the stock an “outperform” rating in a research report on Monday, July 27th. Bank of America decreased their price objective on NextEra Energy from $95.00 to $93.00 and set a “neutral” rating for the company in a report on Monday, July 13th. Seaport Research Partners reissued a “sell” rating and issued a $56.00 price objective (up from $55.00) on shares of NextEra Energy in a research report on Friday, October 2nd. Finally, Barclays set a $91.00 target price on NextEra Energy and gave the stock an “equal weight” rating in a research note on Tuesday, July 7th. Eighteen equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $98.95.

Read Our Latest Analysis on NextEra Energy

NextEra Energy Stock Performance

Shares of NextEra Energy stock opened at $77.07 on Tuesday. The company has a market capitalization of $160.77 billion, a PE ratio of 17.32, a P/E/G ratio of 2.41 and a beta of 0.64. The company has a debt-to-equity ratio of 1.45, a quick ratio of 0.44 and a current ratio of 0.53. The company has a 50-day simple moving average of $82.24 and a two-hundred day simple moving average of $87.21. NextEra Energy has a one year low of $74.41 and a one year high of $98.75.

NextEra Energy (NYSE:NEE – Get Free Report) last released its quarterly earnings results on Friday, July 24th. The utilities provider reported $1.15 earnings per share for the quarter, beating analysts’ consensus estimates of $1.11 by $0.04. NextEra Energy had a net margin of 32.40% and a return on equity of 12.28%. The business had revenue of $7.53 billion for the quarter, compared to analysts’ expectations of $8.11 billion. During the same period last year, the business earned $1.05 EPS. The company’s revenue was up 12.4% compared to the same quarter last year. NextEra Energy has set its FY 2026 guidance at 3.920-4.020 EPS. Research analysts expect that NextEra Energy will post 4.01 EPS for the current fiscal year.

Institutional Investors Weigh In On NextEra Energy

Institutional investors and hedge funds have recently made changes to their positions in the stock. Legal & General Group Plc acquired a new stake in NextEra Energy during the 2nd quarter worth about $1,465,987,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings in shares of NextEra Energy by 5.8% in the second quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 16,302,084 shares of the utilities provider’s stock valued at $1,430,834,000 after purchasing an additional 895,824 shares during the period. Deutsche Bank AG increased its holdings in shares of NextEra Energy by 2.9% in the fourth quarter. Deutsche Bank AG now owns 17,281,357 shares of the utilities provider’s stock valued at $1,387,347,000 after purchasing an additional 485,854 shares during the period. Amundi raised its stake in shares of NextEra Energy by 46.5% in the second quarter. Amundi now owns 13,329,077 shares of the utilities provider’s stock worth $1,169,839,000 after purchasing an additional 4,231,814 shares during the last quarter. Finally, Bessemer Group Inc. raised its stake in shares of NextEra Energy by 8.5% in the first quarter. Bessemer Group Inc. now owns 10,187,013 shares of the utilities provider’s stock worth $946,169,000 after purchasing an additional 799,546 shares during the last quarter. 78.72% of the stock is currently owned by institutional investors and hedge funds.

NextEra Energy News Roundup

Here are the key news stories impacting NextEra Energy this week:

About NextEra Energy

(Get Free Report)

NextEra Energy, Inc is an electric power and energy infrastructure company headquartered in Juno Beach, Florida. Through its principal subsidiary, Florida Power & Light Company (FPL), the company generates, transmits, distributes and sells electricity to customers across Florida. FPL serves residential, commercial and industrial customers and operates a diverse generation portfolio that includes natural gas, solar, nuclear and other resources.

NextEra Energy’s other major business, NextEra Energy Resources, develops, owns and operates energy projects in the United States and Canada.

Further Reading

Analyst Recommendations for NextEra Energy (NYSE:NEE)

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