Wall Street Zen Downgrades NextEra Energy (NYSE:NEE) to Sell

NextEra Energy (NYSE:NEE) was downgraded by analysts at Wall Street Zen from a “hold” rating to a “sell” rating in a research report issued on Saturday.

NEE has been the subject of several other research reports. Jefferies Financial Group set a $94.00 price target on NextEra Energy in a research report on Tuesday, July 14th. Erste Group Bank downgraded shares of NextEra Energy from a “buy” rating to a “hold” rating in a research report on Thursday, June 25th. Scotiabank raised their price objective on shares of NextEra Energy from $102.00 to $110.00 and gave the company a “sector perform” rating in a research note on Friday, April 24th. Morgan Stanley reaffirmed an “overweight” rating and issued a $116.00 target price on shares of NextEra Energy in a report on Wednesday, July 22nd. Finally, DA Davidson upped their target price on shares of NextEra Energy from $95.00 to $105.00 and gave the stock a “buy” rating in a research note on Tuesday, May 5th. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat.com, NextEra Energy has an average rating of “Moderate Buy” and a consensus target price of $99.36.

NextEra Energy Stock Up 0.2%

NEE stock opened at $87.14 on Friday. NextEra Energy has a twelve month low of $69.24 and a twelve month high of $98.75. The company has a quick ratio of 0.44, a current ratio of 0.53 and a debt-to-equity ratio of 1.45. The firm has a market cap of $181.75 billion, a PE ratio of 19.58, a price-to-earnings-growth ratio of 2.38 and a beta of 0.67. The business has a 50 day moving average of $87.30 and a 200 day moving average of $89.83.

NextEra Energy (NYSE:NEE) last announced its quarterly earnings data on Friday, July 24th. The utilities provider reported $1.15 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.11 by $0.04. NextEra Energy had a return on equity of 12.28% and a net margin of 32.40%.The business had revenue of $7.53 billion during the quarter, compared to analysts’ expectations of $8.11 billion. During the same quarter in the previous year, the business earned $1.05 earnings per share. The firm’s quarterly 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. On average, research analysts forecast that NextEra Energy will post 4.01 EPS for the current fiscal year.

Institutional Trading of NextEra Energy

A number of hedge funds have recently bought and sold shares of NEE. Laurel Wealth Advisors LLC bought a new stake in shares of NextEra Energy during the 4th quarter valued at about $25,000. Anfield Capital Management LLC lifted its stake in shares of NextEra Energy by 692.3% in the 4th quarter. Anfield Capital Management LLC now owns 309 shares of the utilities provider’s stock worth $25,000 after purchasing an additional 270 shares during the period. Wealth Watch Advisors INC lifted its stake in shares of NextEra Energy by 223.8% in the 4th quarter. Wealth Watch Advisors INC now owns 327 shares of the utilities provider’s stock worth $26,000 after purchasing an additional 226 shares during the period. Osbon Capital Management LLC purchased a new position in shares of NextEra Energy in the fourth quarter worth approximately $27,000. Finally, Strive Asset Management LLC purchased a new position in shares of NextEra Energy in the third quarter worth approximately $29,000. Hedge funds and other institutional investors own 78.72% of the company’s stock.

NextEra Energy Company Profile

NextEra Energy, Inc (NYSE: NEE), headquartered in Juno Beach, Florida, is a leading clean energy company with both regulated utility operations and competitive renewable generation businesses. The company’s principal operating subsidiaries include Florida Power & Light Company (FPL), a regulated electric utility serving customers in Florida, and NextEra Energy Resources, which develops, constructs, owns and operates a large portfolio of wind, solar and energy storage projects. Together these businesses provide electricity supply, transmission and distribution services as well as utility-scale renewable generation and related services.

NextEra’s activities cover the full lifecycle of power assets, from project development and construction to operation, maintenance and asset optimization.