NextEra Energy (NEE) Stock Forecast & Price Target

$79.64

+0.66 (+0.84%)

(As of 08/21/2024 ET)

NextEra Energy - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Moderate Buy
Based on 15 Analyst Ratings

Based on 15 Wall Street analysts who have issued ratings for NextEra Energy in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 15 analysts, 1 has given a sell rating, 4 have given a hold rating, and 10 have given a buy rating for NEE.

Consensus Price Target

$79.71
0.09% Upside

High Forecast	$95.00
Average Forecast	$79.71
Low Forecast	$60.00

According to the 15 analysts' twelve-month price targets for NextEra Energy, the average price target is $79.71. The highest price target for NEE is $95.00, while the lowest price target for NEE is $60.00. The average price target represents a forecasted upside of 0.09% from the current price of $79.64.

Type	Current Forecast 8/23/23 to 8/22/24	1 Month Ago 7/24/23 to 7/23/24	3 Months Ago 5/25/23 to 5/24/24	1 Year Ago 8/23/22 to 8/23/23
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy	Moderate Buy
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	10 Buy rating(s)	10 Buy rating(s)	11 Buy rating(s)	9 Buy rating(s)
Hold	4 Hold rating(s)	4 Hold rating(s)	3 Hold rating(s)	1 Hold rating(s)
Sell	1 Sell rating(s)	1 Sell rating(s)	1 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$79.71	$77.79	$72.64	$91.09
Forecasted Upside	0.09% Upside	14.02% Upside	16.90% Upside	21.90% Upside

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NEE Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

NEE Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

NextEra Energy Stock vs. The Competition

Type	NextEra Energy	Utilities Companies	S&P 500
Consensus Rating Score	2.60	2.47	2.51
Consensus Rating	Moderate Buy	Hold	Moderate Buy
Predicted Upside	0.09% Upside	70.26% Upside	8.74% Upside
News Sentiment Rating	Positive News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

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Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
8/20/2024	Scotiabank 5 of 5 stars		Boost Target	Sector Outperform ➝ Sector Outperform	$73.00 ➝ $92.00	+15.67%
8/16/2024	Barclays 3 of 5 stars		Boost Target	Equal Weight ➝ Equal Weight	$75.00 ➝ $76.00	-1.82%
8/2/2024	JPMorgan Chase & Co. 3 of 5 stars		Boost Target	Overweight ➝ Overweight	$91.00 ➝ $94.00	+18.69%
7/15/2024	BMO Capital Markets Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform ➝ Outperform	$79.00 ➝ $83.00	+14.64%
6/27/2024	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$69.00 ➝ $84.00	+13.01%
6/12/2024	Evercore ISI Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	In-Line ➝ In-Line	$70.00 ➝ $75.00	+3.16%
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6/12/2024	Wells Fargo & Company Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Overweight ➝ Overweight	$95.00 ➝ $95.00	+30.67%
6/12/2024	Royal Bank of Canada Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform ➝ Outperform	$74.00 ➝ $84.00	+15.54%
6/12/2024	Mizuho Subscribe to MarketBeat All Access for the recommendation accuracy rating	A. Crowdell Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Buy ➝ Neutral	$71.00 ➝ $71.00	-2.34%
5/28/2024	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Overweight ➝ Overweight	$79.00 ➝ $83.00	+7.44%
4/23/2024	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Neutral ➝ Neutral	$61.00 ➝ $67.00	+0.27%
1/22/2024	Guggenheim Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$70.00 ➝ $80.00	+40.80%
11/9/2023	Seaport Res Ptn Subscribe to MarketBeat All Access for the recommendation accuracy rating	A. Storozynski Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Neutral ➝ Sell
10/20/2023	Wolfe Research Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Overweight ➝ Overweight	$79.00 ➝ $60.00	+15.47%
10/2/2023	The Goldman Sachs Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy ➝ Buy	$83.00 ➝ $72.00	+25.68%
3/28/2023	Erste Group Bank Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Hold ➝ Buy
1/26/2023	Credit Suisse Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Outperform	$89.00 ➝ $85.00	+10.98%
10/20/2022	KeyCorp Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Overweight	$93.00 ➝ $89.00	+20.86%
9/6/2022	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		$109.00	+24.27%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Thursday at 08:33 AM ET.

NEE Forecast - Frequently Asked Questions

What is NextEra Energy's forecast for 2024?: According to the research reports of 15 Wall Street equities research analysts, the average twelve-month stock price forecast for NextEra Energy is $79.71, with a high forecast of $95.00 and a low forecast of $60.00.
Should I buy or sell NextEra Energy stock right now?: 15 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for NextEra Energy in the last year. There is currently 1 sell rating, 4 hold ratings and 10 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" NEE shares.
Does NextEra Energy's stock price have much upside?: According to analysts, NextEra Energy's stock has a predicted upside of 13.44% based on their 12-month stock forecasts.
Has NextEra Energy been downgraded by Wall Street analysts recently?: Over the previous 90 days, NextEra Energy's stock had 1 downgrade by analysts.
What analysts cover NextEra Energy?: NextEra Energy has been rated by research analysts at Barclays, BMO Capital Markets, Citigroup, Evercore ISI, JPMorgan Chase & Co., Mizuho, Morgan Stanley, Royal Bank of Canada, Scotiabank, and Wells Fargo & Company in the past 90 days.
Do Wall Street analysts like NextEra Energy more than its competitors?: Analysts like NextEra Energy more than other "utilities" companies. The consensus rating for NextEra Energy is Moderate Buy while the average consensus rating for "utilities" companies is Hold. Learn more on how NEE compares to other companies.