ℹ️ How are these calculated?
🎯 Investment Thesis
NextEra is the world's largest renewable energy company and Florida's biggest utility. Near ATH at 2% below ($94) after a strong rally from $62 low. Wells Fargo Overweight $98, BMO Outperform $93. Massive renewable pipeline with battery storage growing. At 21x PE for a utility growing earnings 6-8% annually, the premium is earned. 2.5% dividend yield adds stability.
⚠️ Key Risk
Near ATH — minimal margin of safety. Barclays Equal-Weight $85 implies 8% downside. Rate-sensitive business model — if Fed pauses longer, NEE underperforms. OBBBA solar/wind sunset after Jul 2026 could slow new project starts. Premium valuation vs traditional utilities leaves little room for disappointment.
By The Numbers
Event Impact
Renewable energy and battery storage for data center campuses. FPL utility serves Florida DC market.
Energy diversification. Renewables insulated from oil disruption.
No quantum relevance.
Domestic utility. No China exposure.
Capital-intensive utility business. Rate-sensitive — higher rates increase cost of financing massive renewable build-out. 2.5% dividend yield competes with bond yields.
World's largest generator of renewable energy. FPL is Florida's largest utility. NextEra Energy Partners has 11 GW of operating capacity. Battery storage deployments growing rapidly.
Largest beneficiary of IRA/OBBBA clean energy credits. OBBBA solar/wind sunset creates urgency. Any fiscal support for renewables flows directly to NEE.
Price Targets
Upcoming Catalysts
Competitive Landscape
Company Background
Founded 1925 as Florida Power & Light. Transformed under CEO Jim Robo into the world's largest wind and solar operator. The regulated utility (FPL) provides earnings stability while NextEra Energy Resources drives growth.