NextEra Energy Reaffirms Long-Term Growth Targets and FY2026 Guidance

NextEra Energy (NEE) reaffirmed its adjusted earnings guidance for fiscal year 2026 and its long-term financial projections during its first-quarter results announcement on Thursday. The utility giant continues to position itself for steady growth in the clean energy sector, maintaining a bullish outlook on its ability to scale earnings and dividends over the next decade. For FY2026, the company expects adjusted earnings per share (EPS) to fall between $3.92 and $4.02, noting that it anticipates results toward the higher end of that range. This guidance builds upon a 2025 base of $3.71 adjusted EPS. Looking further ahead, NextEra targets a compound annual growth rate (CAGR) in adjusted EPS of more than 8% through 2032, with the intention of maintaining that same growth rate from 2032 through 2035. This long-term strategy underscores the company's commitment to expanding its renewable energy footprint. Shareholder returns remain a central pillar of the company's strategy. NextEra expects to grow its dividends per share at a rate of approximately 10% per year through 2026, based on 2024 levels. Following that period, the company projects a dividend growth rate of 6% per year from the end of 2026 through 2028. Investors reacted positively to the reaffirmation of these targets. In pre-market trading on Thursday, NEE shares on the NYSE rose 1.58%, trading at $91.46, an increase of $1.42.