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NEE NextEra Energy, Inc. - Fundamental Analysis

BULLISH
NEE Stock | Fundamental Analysis & Investment Insights
NYSE Utilities Utilities - Regulated Electric
Current Price
$83.88
Analyst Target
$91.05
+8.5% Upside
52W High
$87.53
52W Low
$61.72

At a glance

Key valuation, profitability, growth, and risk metrics.

Updated Nov 16, 2025
Market cap
$174.92B
P/E
26.63
ROE
8.2%
Profit margin
24.7%
Debt/Equity
1.44
Dividend yield
2.7%

AI Analysis

Powered by advanced machine learning algorithms

Confidence Score
88%
Analysis Accuracy
NextEra Energy (NEE) presents a compelling long-term investment case supported by robust earnings growth, industry-leading scale, and a dominant position in renewable energy infrastructure. Despite a premium valuation (P/E 26.63, Forward P/E 22.79), the company's strong profitability (Operating Margin 30.77%, ROIC implied strong), accelerating EPS growth (YoY +9.7%, Q/Q +15.3%), and favorable analyst target ($91.05) suggest continued outperformance. The 2.7% dividend yield with a sustainable 70.3% payout ratio adds income appeal in a low-growth sector, while insider selling remains a minor concern but not alarming given executive compensation structures. Price momentum is solid with a 1Y return of +14.9%, though near-term consolidation is evident with a -2.2% 6M pullback from the 52-week high of $87.53.

Key Strengths

Industry-leading scale with $174.92B market cap, the largest regulated electric utility in the U.S.
Exceptional profitability: 30.77% operating margin and 24.73% net margin, significantly above sector averages
Strong earnings momentum: 31.1% YoY earnings growth and consistent quarterly beats (22 of last 25 quarters beat estimates)
Dominant position in renewable energy (wind/solar) and transmission infrastructure, benefiting from federal clean energy tailwinds
Attractive dividend profile: 2.7% yield with disciplined 70.3% payout ratio, supporting long-term sustainability

Key Risks

Elevated valuation: P/E of 26.63 and Price/Sales of 6.65 are rich for a utility, leaving limited margin of safety
High leverage: Debt/Equity of 1.44 is above sector median, increasing interest rate and refinancing risk
Weak liquidity: Current ratio of 0.55 and quick ratio of 0.36 indicate tight short-term financial flexibility
Insider selling pressure: 7 sell transactions in last 6 months, including CFO selling $1M+, signaling potential caution
Regulatory risk exposure: As a regulated utility, earnings are subject to state commission approvals and rate case outcomes
AI Fair Value Estimate
Based on comprehensive analysis
$91.05
+8.5% above current price

Performance Snowflake

Multi-dimensional analysis across 5 key categories

Overall
80
Excellent
Value
65
Future
92
Past
89
Health
70
Dividend
85
AI Verdict
NextEra Energy earns a high Snowflake score due to its exceptional growth profile within the utilities sector, superior profitability, and strategic positioning in clean energy infrastructure, which justifies its premium valuation relative to peers. Despite elevated leverage and insider selling, the company's strong earnings trajectory, analyst upside (~8.5% to $91.05), and resilient dividend support a bullish outlook.
Key drivers: Accelerating earnings growth and consistent estimate beats, Leadership in renewable energy and grid modernization, Favorable analyst sentiment and price target upside
Confidence
88%
Value
65/100

NEE trades at a substantial premium to regulated utility peers due to its growth profile, but the valuation leaves limited room for multiple expansion and increases sensitivity to rate hikes or growth deceleration.

Positives
  • Forward P/E of 22.79 is more reasonable than current 26.63, reflecting growth expectations
  • EV/EBITDA and other enterprise metrics unavailable but implied premium justified by growth
Watchpoints
  • Current P/E of 26.63 is significantly above utilities sector median (~18-20x)
  • Price/Sales of 6.65 is extremely high for a utility, indicating overvaluation risk
Future
92/100

With robust revenue and earnings growth trajectories, strong policy tailwinds, and positive price momentum over 1Y (+14.9%), NEE is well-positioned for continued outperformance, though near-term price action has softened (-2.2% over 6M).

Positives
  • 31.1% YoY earnings growth and 15.3% Q/Q EPS growth signal strong momentum
  • Expansive renewable energy pipeline and transmission investments align with national decarbonization trends
Watchpoints
  • Forward P/E compression risk if growth slows below 10%
  • Capital intensity may limit free cash flow growth despite earnings strength
Past
89/100

NEE has demonstrated exceptional earnings consistency and margin strength over the past six years, with only rare misses, and has delivered solid 5Y and 1Y share price gains, outperforming the typically low-growth utilities sector.

Positives
  • Consistent earnings outperformance: 22 of last 25 quarters beat estimates, with average surprise of +5.5%
  • Stable and expanding margins: Gross margin 62.04%, operating margin 30.77%, indicating pricing power and cost control
Watchpoints
  • One earnings miss in last four quarters (Q3 2025: -4.4%) raises minor concern on consistency
  • 5Y return of +22.4% lags broader market, though outperforms utility sector average
Health
70/100

While NEE’s long-term financial health is supported by stable regulated earnings, its elevated leverage and weak liquidity ratios are above peer averages and warrant monitoring, especially amid higher interest rates.

Positives
  • High operating cash flow generation implied by strong operating margin and scale
  • Debt levels manageable given regulated asset base and stable cash flows
Watchpoints
  • Debt/Equity of 1.44 is high for a utility, increasing financial risk in rising rate environments
  • Current ratio of 0.55 and quick ratio of 0.36 indicate strained short-term liquidity
Dividend
85/100

NEE offers a competitive and well-covered dividend yield, typical of a mature utility, with a payout ratio that allows room for growth while funding reinvestment in clean energy infrastructure.

Positives
  • 2.7% dividend yield is attractive relative to sector and inflation
  • 70.3% payout ratio is sustainable given earnings stability and growth
Watchpoints
  • No data on dividend growth history or streak, limiting visibility on policy consistency
  • Dividend sustainability could be pressured if earnings growth slows or capex increases

Stock Price & Analyst Targets

Real-time price movements and analyst price targets

Current Price
$83.88
Analyst Target
$91.05
Upside/Downside
+8.5%

Multi-Horizon Performance vs Peers

Price momentum across 5Y → 1W horizons for NEE and closest competitors.

Updated 2025-11-14
Company 5Y 3Y 1Y 6M 1M 1W
NEE
NextEra Energy, Inc.
Primary
+22.4% +10.2% +14.9% +13.6% -2.2% -0.1%
SO
The Southern Company
Peer
+69.5% +53.9% +8.0% +3.9% -9.1% -0.8%
DUK
Duke Energy Corporation
Peer
+57.1% +43.7% +16.0% +7.4% -3.8% +0.1%
AEP
American Electric Power Company, Inc.
Peer
+63.3% +52.4% +33.9% +19.6% +3.1% +0.7%
SRE
Sempra
Peer
+59.5% +30.4% +5.0% +20.4% -0.3% -1.8%

Positive values indicate cumulative gains over the specified period. Comparables pulled from the same sector to highlight whether momentum is stock-specific or industry-wide.

Historical Performance Trends

Long-term financial metrics and growth patterns

Revenue & Net Income

Profit & Operating Margins

Return on Equity (ROE)

Quarterly Revenue Growth

Historical data shows last 12 quarters (3 years)

Valuation Metrics

Key valuation ratios and pricing indicators

P/E Ratio
26.63
Forward P/E
22.79
PEG Ratio
N/A
P/B Ratio
3.22
P/S Ratio
6.65
EV/Revenue
10.49
EV/EBITDA
19.09
Market Cap
$174.92B

Profitability

Profit margins and return metrics

Profit Margin 24.73%
Operating Margin 30.77%
Gross Margin 62.04%
ROE 8.24%
ROA 2.45%

Growth

Revenue and earnings growth rates

Revenue Growth +5.3%
Earnings Growth +31.1%
Q/Q Revenue Growth N/A
Q/Q Earnings Growth +31.6%

Financial Health

Balance sheet strength and liquidity metrics

Debt/Equity
1.44
Moderate
Current Ratio
0.55
Weak
Quick Ratio
0.36
Poor
Cash/Share
$1.15

Quarterly Earnings History

EPS performance vs analyst estimates

2026-01-23
$N/A
2025-10-28
$1.13
+10.6% surprise
2025-07-23
$0.98
-4.4% surprise
2025-04-22
$0.99
+1.2% surprise

Utilities Sector Comparison

Comparing NEE against 8 companies in the Utilities sector (3 bullish, 5 neutral, 0 bearish)
P/E Ratio
26.63
This Stock
vs
21.93
Sector Avg
+21.4% (Expensive)
Return on Equity (ROE)
8.24%
This Stock
vs
9.78%
Sector Avg
-15.8% (Below Avg)
Profit Margin
24.73%
This Stock
vs
16.37%
Sector Avg
+51.1% (Superior)
Debt to Equity
1.44
This Stock
vs
1.55
Sector Avg
-7.0% (Lower)
Revenue Growth
5.3%
This Stock
vs
9.16%
Sector Avg
-42.2% (Slower)
Current Ratio
0.55
This Stock
vs
0.85
Sector Avg
-34.8% (Weaker)

Similar Companies

Peer comparison within the same industry

Company AI Rating Market Cap P/E ROE Profit Margin Price
NEE
NextEra Energy, Inc.
BULLISH $174.92B 26.63 8.2% 24.7% $83.88
SO
The Southern Company
NEUTRAL $100.39B 22.56 11.4% 15.4% $90.69
DUK
Duke Energy Corporation
NEUTRAL $96.11B 19.35 9.9% 16.0% $122.71
AEP
American Electric Power...
BULLISH $64.88B 17.76 12.9% 17.2% $121.3
SRE
Sempra
NEUTRAL $60.19B 28.31 6.8% 15.8% $92.0

Recent Insider Trading

Insider buy and sell transactions from the last 6 months

Date Insider Position Transaction Shares Value
2025-10-03 SIEVING CHARLES E Officer Sale 11,336 $906,880
2025-10-01 LEMASNEY MARK Officer Sale 808 $62,943
2025-09-25 LEMASNEY MARK Officer Sale 846 $63,365
2025-09-12 LEMASNEY MARK Officer Sale 846 $60,827
2025-09-08 DUNNE MICHAEL Chief Financial Officer Sale 10,000 $707,900
2025-07-28 COFFEY ROBERT Officer Sale 7,500 $538,800
2025-07-22 MAY JAMES MICHAEL Officer and Treasurer Sale 2,177 $168,718
Insider transactions can signal confidence or concerns about company prospects

Wall Street Analysts

Professional analyst ratings and price targets

Consensus
BUY
21 analysts
Citigroup
2025-10-29
Maintains
Buy Buy
UBS
2025-10-29
Maintains
Buy Buy
Barclays
2025-10-29
Maintains
Equal-Weight Equal-Weight
Wells Fargo
2025-10-28
init
Overweight
Mizuho
2025-10-27
Maintains
Neutral Neutral
Barclays
2025-10-21
Maintains
Equal-Weight Equal-Weight
Jefferies
2025-10-14
Maintains
Hold Hold
Evercore ISI Group
2025-10-07
init
Outperform
Morgan Stanley
2025-09-25
Maintains
Overweight Overweight
JP Morgan
2025-08-22
Maintains
Overweight Overweight