NextEra Energy Stock Buy or Sell? NEE Stocks Forecast

Market Capitalization: 116 790 649 000 $
EBITDA: 16 228 000 000 $
Price to Earnings: 15.81
Quarterly Earnings Growth YOY: -0.234
Quarterly Revenue Growth YOY: 0.116
Trailing PE: 15.81
Forward PE: 16.64
Shares Outstanding: 2052430000

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NextEra Energy Stock Buy or Sell? NEE Stocks Analytic Forecasts

Updated on February 27, 2024 (10:19)

NextEra Energy, Inc. (NEE prediction charts) Sector: Utilities

We present you the most up-to-date and complete review of analytical trend forecasts and views on the NEE stock market. Experts share their opinions on what to expect from the NextEra Energy, Inc. stock market. How likely is the stock price to move in a bullish or bearish trend. Which should help you to make the right decision whether to Buy or Sell NextEra Energy stocks.

NextEra Energy, Inc. Stock Market Experts’ Analysis and Forecasting – Sell or Buy NEE Shares?

The most recent analytical view which can help you to answer the worrying question: Should I Buy Stocks Now or Wait? came out under the authorship of Kody’s Dividends and is titled

“NextEra Energy: An Impressive Dividend Aristocrat To Buy Now”

is published on January 30 (2024) and has 1 likes. The review predicts Bullish market trend.

It summarize the following theses:

  • My investing strategy centers around buying wonderful businesses at appealing valuations.
  • NextEra Energy’s operating revenue and adjusted diluted EPS each grew in the fourth quarter.
  • The Dividend Aristocrat possesses an A- credit rating from S&P on a stable outlook.
  • Shares of NextEra Energy could be 24% undervalued relative to fair value.
  • The electric utility could be set up to outperform the S&P 500 index over both the next two years and 10 years.

The author starts his analytic review with the following:

I believe the key to my journey toward achieving success as a long-term investor started by expressing a simple truth: I don’t have a crystal ball. I recognize that in the short term, fundamentals are often overshadowed by market sentiment.

The opinion of the author can be considered quite authoritative.
The number of 8153 followers confirms this.
Kody’s Dividends is the contributor of experts community
since 2018 and has 349 works published.

One more noteworthy article is written by Michael Del Monte under the title

“NextEra Energy Is The Slow Growth Green Utility To Own”

on January 27 (2024) and has 0 likes. The expert reflects Bullish trend of the market.

Нis theses make you think about whether to add NEE stocks to your investment portfolio or not, and helps to work out your own NextEra Energy stock selling strategies:

  • NextEra Energy reported strong financial performance, with growth in revenue and EBITDA margin expansion, and expects exceptional growth in the next 3 years with 20GW of backlog capacity.
  • The company plans to repower existing wind facilities, invest in solar capacity, and expand battery storage capacity.
  • NextEra Energy Partners expects to grow their distribution at a target rate of 6% through 2026 while the share dividend is expected to increase by 10% in 2024.

Michael Del Monte starts analysis with such words:

NextEra Energy (NYSE:NEE) (NEP) reported a strong end to FY23 with both strength at the top line and durable EBITDA margin expansion, with total backlog growing to 20GW. The firm anticipates exceptional growth throughout the next 3 years and anticipates to grow the NEP distribution by 6% annually through 2027 and the NEE dividend by 10% in 2024 for a forward yield of 12% and 3.5%, respectively, making each an appealing holding. I provide both NEE and NEP a BUY recommendation with a price target of $71.94/share and $34.14/unit.

Michael Del Monte has already 972 followers, which shows, he is the one who cares for his words.
The contributor of experts community since 2023. Has published at least 75 articles.

Another analysis presented by Daniel Jones came out on January 23 (2024). Obviously, coupled with the newer reviews, this forecasting could be useful to find out the best trading strategy for NEE stocks. It sounds like

“Not All That Energized About NextEra Energy”

Article has got 1 likes at the moment and forecasting Neutral trend of the market.

Summarizing the information presented in the review concerning the NextEra Energy, Inc., the expert says the following:

  • NextEra Energy is a large utility company with a market capitalization of $117.48 billion.
  • NextEra has a strong presence in the renewable energy industry through its subsidiary NEER, which has seen great results as of late.
  • Financial results for the final quarter of 2023 are expected to show an increase in revenue but a decrease in profits.
  • One-time results make NEE look more appealing than it is.

And here, what comes first:

One of the largest publicly traded companies out there, especially in the utility market, is NextEra Energy (NYSE:NEE). The firm boasts a market capitalization as of this writing of $117.48 billion. Few companies make it that large. According to management, it is one of the largest electric power and energy infrastructure businesses in North America and it is making major inroads into the renewable energy industry. Operationally speaking, it has two different segments. The first of these is FPL, which is the largest electric utility operator in Florida with 5.8 million customer accounts under its belt. Then, there is NEER, which management considers to be the largest generator of renewable energy from wind and solar sources on the planet. It also has a battery storage business under that umbrella.

This author is very popular among the auditory. He has 29918 followers.

Daniel Jones is the contributor of experts community since 2014 and has at least 4283 analytic reviews published.

The Share Price of NextEra Energy, Inc. (NEE) for now

What analysts predict: $71.87
52-week high/low: $78.09 / $46.76

50/200 Day Moving Average: $59.28 / $64.66

The average stock price over the previous 50/200 days. For NextEra Energy stocks, the 50-day moving average is the resistance level for now. For NEE stocks, the 200-day moving average is the resistance level today.

See the Detailed Predictions for NEE stock with charts and tables

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