NextEra Energy, Inc., through its subsidiaries, generates, transmits, distributes, and sells electric power to retail and wholesale customers in North America. The company generates electricity through wind, solar, nuclear, natural gas, and other clean energy. It also develops, constructs, and operates long-term contracted assets that consists of clean energy solutions, such as renewable generation facilities, battery storage facilities, and electric transmission facilities; sells energy commodities; and owns, develops, constructs, manages and operates electric generation facilities in wholesale energy markets. The company had approximately 35,052 megawatts of net generating capacity; approximately 91,000 circuit miles of transmission and distribution lines; and 921 substations. It serves approximately 12 million people through approximately 6 million customer accounts in the east and lower west coasts of Florida. The company was formerly known as FPL Group, Inc. and changed its name to NextEra Energy, Inc. in 2010. NextEra Energy, Inc. was founded in 1925 and is headquartered in Juno Beach, Florida.
Energy Titan's Outlook | NextEra Energy's dual focus on utilities and renewables positions it for growth, with analysts projecting a 17% upside potential and steady EPS increases through 2028. |
Renewable Powerhouse | Explore NextEra's expanding renewable energy portfolio, including a 25 GW project backlog and strategic partnerships, driving its market leadership in clean energy solutions. |
Regulatory Landscape | Delve into the complex regulatory environment NextEra navigates, including upcoming rate reviews and potential policy shifts that could impact its financial performance. |
Market Dynamics | Learn how NextEra is capitalizing on increasing demand for clean energy, with price targets ranging from $76 to $102, reflecting diverse analyst perspectives on its growth potential. |
Metrics to compare | NEE | Sector Sector - Average of metrics from a broad group of related Utilities sector companies | Relationship RelationshipNEEPeersSector | |
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P/E Ratio | 20.9x | 18.2x | 12.0x | |
PEG Ratio | −3.28 | 2.90 | 0.02 | |
Price/Book | 2.9x | 2.1x | 1.3x | |
Price / LTM Sales | 5.9x | 2.8x | 1.5x | |
Upside (Analyst Target) | 18.8% | 4.6% | 17.6% | |
Fair Value Upside | Unlock | −9.4% | 3.6% | Unlock |