- NextEra Energy (NEE, Financial) exceeded first-quarter earnings expectations with a non-GAAP EPS of $0.99.
- Analysts see significant upside potential, with an average price target suggesting a 25.16% increase.
- GuruFocus estimates project a GF Value indicating a 31.41% future upside for the stock.
NextEra Energy (NEE) showcased remarkable financial resilience by reporting first-quarter non-GAAP earnings per share of $0.99, surpassing market estimates by $0.01. This accomplishment underscores the company's adeptness at navigating market challenges while delivering stronger-than-anticipated financial outcomes.
Wall Street Analysts' Insights
Future potential for NextEra Energy Inc (NEE, Financial) appears promising according to 19 analysts' one-year price targets. The average target price stands at $83.41, with a high of $103.00 and a low of $52.00. This average forecast indicates an impressive 25.16% upside from the current price of $66.64. For a deeper dive into these predictions, visit the NextEra Energy Inc (NEE) Forecast page.
The consensus recommendation from 23 brokerage firms positions NextEra Energy Inc (NEE, Financial) with an average rating of 2.2, suggesting an "Outperform" status. On the rating scale, 1 indicates a Strong Buy, whereas 5 denotes a Sell recommendation.
Understanding the GF Value Projection
According to GuruFocus estimates, NextEra Energy Inc (NEE, Financial) carries a projected GF Value of $87.57 in one year, forecasting a notable 31.41% potential increase from its current price of $66.64. The GF Value represents GuruFocus' estimation of what the stock's fair trading value should be, calculated through historical trading multiples, past business growth, and future business performance estimates. Further detailed insights are available on the NextEra Energy Inc (NEE) Summary page.
