KeyCorp Has Bearish Forecast for NextEra Energy Q3 Earnings

NextEra Energy, Inc. (NYSE:NEE) – Equities research analysts at KeyCorp cut their Q3 2026 earnings per share estimates for shares of NextEra Energy in a report released on Monday, October 12th. KeyCorp analyst S. Karp now anticipates that the utilities provider will post earnings per share of $1.23 for the quarter, down from their prior estimate of $1.34. The consensus estimate for NextEra Energy’s current full-year earnings is $4.03 per share. KeyCorp also issued estimates for NextEra Energy’s Q4 2026 earnings at $0.49 EPS, FY2026 earnings at $3.96 EPS, FY2027 earnings at $4.35 EPS, FY2029 earnings at $5.12 EPS and FY2030 earnings at $5.45 EPS.

NEE has been the topic of a number of other reports. Erste Group Bank cut NextEra Energy from a “buy” rating to a “hold” rating in a research report on Thursday, June 25th. Jefferies Financial Group reissued a “hold” rating on shares of NextEra Energy in a report on Thursday, October 8th. Sanford C. Bernstein restated an “outperform” rating and set a $108.00 target price on shares of NextEra Energy in a research note on Monday, July 27th. Seaport Research Partners reaffirmed a “sell” rating and set a $56.00 price target (up from $55.00) on shares of NextEra Energy in a report on Friday, October 2nd. Finally, HC Wainwright reaffirmed a “buy” rating on shares of NextEra Energy in a report on Monday, July 27th. Eighteen investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $99.70.

NextEra Energy Stock Down 0.3%

NYSE NEE opened at $78.27 on Wednesday. The stock’s 50-day moving average price is $81.49 and its 200-day moving average price is $86.85. The company has a quick ratio of 0.44, a current ratio of 0.53 and a debt-to-equity ratio of 1.45. NextEra Energy has a 52 week low of $74.41 and a 52 week high of $98.75. The company has a market capitalization of $163.27 billion, a P/E ratio of 17.59, a price-to-earnings-growth ratio of 2.41 and a beta of 0.64.

NextEra Energy (NYSE:NEE) last released its earnings results on Friday, July 24th. The utilities provider reported $1.15 earnings per share for the quarter, beating the consensus estimate of $1.11 by $0.04. NextEra Energy had a return on equity of 12.28% and a net margin of 32.40%. The company had revenue of $7.53 billion for the quarter, compared to the consensus estimate of $8.11 billion. During the same period in the previous year, the business earned $1.05 earnings per share. NextEra Energy’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.

Hedge Funds Weigh In On NextEra Energy

Large investors have recently made changes to their positions in the business. Legal & General Group Plc purchased a new position in shares of NextEra Energy in the second quarter worth $1,465,987,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in NextEra Energy by 5.8% during the second quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 16,302,084 shares of the utilities provider’s stock valued at $1,430,834,000 after acquiring an additional 895,824 shares in the last quarter. Amundi grew its stake in NextEra Energy by 46.5% during the second quarter. Amundi now owns 13,329,077 shares of the utilities provider’s stock valued at $1,169,839,000 after acquiring an additional 4,231,814 shares in the last quarter. Bessemer Group Inc. grew its stake in NextEra Energy by 8.5% during the first quarter. Bessemer Group Inc. now owns 10,187,013 shares of the utilities provider’s stock valued at $946,169,000 after acquiring an additional 799,546 shares in the last quarter. Finally, Pictet Asset Management Holding SA increased its holdings in NextEra Energy by 4.3% in the 1st quarter. Pictet Asset Management Holding SA now owns 9,648,920 shares of the utilities provider’s stock valued at $896,185,000 after acquiring an additional 394,898 shares during the last quarter. 78.72% of the stock is currently owned by hedge funds and other institutional investors.

NextEra Energy Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 15th. Shareholders of record on Friday, August 28th were issued a dividend of $0.6232 per share. The ex-dividend date of this dividend was Friday, August 28th. This represents a $2.49 dividend on an annualized basis and a yield of 3.2%. NextEra Energy’s dividend payout ratio (DPR) is currently 55.96%.

NextEra Energy News Roundup

Here are the key news stories impacting NextEra Energy this week:

• Positive Sentiment: Wells Fargo reaffirmed its Buy rating and $108 price target, signaling substantial potential upside from current levels. The firm’s continued bullish stance supports sentiment around NextEra’s earnings growth and long-term utility and renewable-energy investments. NextEra Energy receives a Buy from Wells Fargo
• Positive Sentiment: A proposed settlement in a shareholder derivative lawsuit includes a $15.5 million insurance-funded payment and governance reforms. Resolving the litigation could remove an overhang for investors, although the governance changes may increase scrutiny of management and the board. Why NextEra Energy is getting attention today
• Positive Sentiment: Google’s agreement with Constellation Energy to secure 3.59 gigawatts of nuclear power is reinforcing the investment case for nuclear and reliable electricity as artificial-intelligence data-center demand grows. The deal is an industry-wide tailwind that could benefit NextEra’s generation and infrastructure opportunities, though it is not a direct contract for NEE. Nuclear ETFs in spotlight as Google and Constellation sign 3.6 GW deal
• Neutral Sentiment: Commentary points to two long-term growth drivers: Florida Power & Light’s regulated rate-base expansion and NextEra Energy Resources’ renewable-development pipeline. However, investors are weighing those opportunities against regulatory timing and whether future growth justifies the valuation. NextEra Energy has two growth drivers
• Negative Sentiment: Erste Group Bank trimmed its FY2026 EPS forecast to $4.02 from $4.03 and its FY2027 estimate to $4.38 from $4.39, maintaining a Hold rating. Although the reductions are small, they underscore limited near-term estimate momentum relative to the broader consensus.

About NextEra Energy

NextEra Energy, Inc is an electric power and energy infrastructure company headquartered in Juno Beach, Florida. Through its principal subsidiary, Florida Power & Light Company (FPL), the company generates, transmits, distributes and sells electricity to customers across Florida. FPL serves residential, commercial and industrial customers and operates a diverse generation portfolio that includes natural gas, solar, nuclear and other resources.

NextEra Energy’s other major business, NextEra Energy Resources, develops, owns and operates energy projects in the United States and Canada.