Key Takeaways:
- NextEra Energy (NEE, Financial) is set to report its Q1 earnings on April 23, expecting a 3.3% increase in EPS.
- Despite a recent 8% drop in stock value, analysts predict a significant upside potential of nearly 26%.
- NextEra Energy holds an "Outperform" status with a GF Value suggesting over 31% upside.
NextEra Energy (NEE) is gearing up to announce its first-quarter earnings results on April 23rd. Analysts are anticipating an EPS of $0.94, reflecting a 3.3% increase compared to the previous year, alongside projected revenue of $6.63 billion, marking a significant 15.7% rise. Despite experiencing an 8% decline in its share value recently, analysts remain optimistic about the stock's future trajectory.
Wall Street Analysts' Predictions
Wall Street analysts have set a one-year price outlook for NextEra Energy Inc (NEE, Financial) with an average target of $83.88. This includes a high estimate of $103.00 and a low of $52.00. With these projections, there is an implied upside of 25.87% from the current share price of $66.64. For a more comprehensive analysis of these estimates, visit the NextEra Energy Inc (NEE) Forecast page.
Brokerage Firm Consensus
The consensus from 23 brokerage firms rates NextEra Energy Inc (NEE, Financial) as "Outperform," with an average recommendation score of 2.2 on a scale where 1 represents a Strong Buy and 5 indicates a Sell. This suggests a general confidence among analysts in the company's prospects.
GF Value and Future Outlook
According to GuruFocus's GF Value estimates, NextEra Energy Inc (NEE, Financial) is projected to have a value of $87.57 in one year. This estimate indicates a potential upside of 31.41% from the current price of $66.64. The GF Value is derived from historical trading multiples, past business growth, and future performance projections. For a detailed overview, explore the NextEra Energy Inc (NEE) Summary page.
