Juno Beach, Florida-based NextEra Energy, Inc. (NEE) generates, stores, transmits, distributes, and sells electric power to retail and wholesale customers in North America. The company has a market cap of $175.6 billion and operates through Florida Power & Light Company (FPL) and NEER segments. NextEra generates electricity from wind, solar, nuclear, natural gas, and other clean energy assets.
The electricity supplier’s shares have underperformed the broader market over the past year, growing 2.5% compared to the S&P 500 Index’s ($SPX) 11.1% surge. Moreover, in 2026, the stock has risen nearly 4.3%, also lagging behind the SPX’s 10.7% rise.
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Focusing on its industry benchmark, the State Street Utilities Select Sector SPDR ETF (XLU) has fallen 3.2% over the past year, underperforming the stock. In 2026, XLU has grown 1.7% and has also lagged behind the stock.
www.barchart.com On Oct. 21, NEE stock declined marginally following the release of its mixed Q3 2026 earnings. The company’s revenue for the quarter amounted to $8.1 billion, missing the Street’s estimates. However, its adjusted EPS came in at $1.24, which surpassed the consensus estimates. Additionally, NextEra expects full-year earnings in the range of $3.92 to $4.02 per share, which also exceeded analyst forecasts. The stock grew 4.6% in the following trading session.
For the current year, which ends in December, analysts expect NEE’s EPS to rise 8.1% to $4.01 on a diluted basis. The company surpassed the consensus estimate in each of the last four quarters, which is impressive.
Among the 20 analysts covering NEE stock, the consensus is a “Moderate Buy.” That’s based on 11 “Strong Buy” ratings, eight “Holds,” and one “Strong Sell.”
www.barchart.com The configuration has grown slightly more bullish as the stock now has 11 “Strong Buy” ratings, compared to 10 a month ago.
On Oct. 24, Barclays analyst Nicholas Campanella maintained a “Hold” rating on NextEra Energy and set a price target of $79.
NEE’s mean price target of $94.26 offers a 12.6% upside compared to the current market price. Its Street-high target of $110 implies a robust 31.4% upside from current levels.
On the date of publication, Aritra Gangopadhyay did not directly have a position in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.
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