State regulators grant time for FPL and key stakeholders to finalize settlement that keeps customer bills well below national average

Written by Emily J. Thompson, Senior Investment Analyst

NEE+0.32%

Source: Newsfilter

Updated: 08-11

5mins

Source: Newsfilter

Rate Settlement Agreement: Florida regulators have approved a delay for technical hearings on Florida Power & Light's (FPL) rate petition, allowing FPL and stakeholders to finalize a four-year rate settlement that aims to keep customer bills below the national average until 2030.
Next Steps: Following the agreement in principle reached by FPL and supporting groups, they will submit a finalized settlement to the Florida Public Service Commission by August 20, with new rates proposed to take effect on January 1, 2026.

NEE.N

$76.320+7.500%Past 6 months

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Analyst Views on NEE

Wall Street analysts forecast NEE stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for NEE is 79.91 USD with a low forecast of 52.00 USD and a high forecast of 96.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

12 Analyst Rating

5.03% Upside

6 Buy

5 Hold

1 Sell

Moderate Buy

5.03% Upside

Current: 76.080

Low

52.00

Averages

79.91

High

96.00

5.03% Upside

Current: 76.080

Low

52.00

Averages

79.91

High

96.00

Morgan Stanley

Overweight

maintain

$95 -> $96

2025-08-21

New

Reason

Morgan Stanley

Price Target

$95 -> $96

2025-08-21

New

maintain

Overweight

Reason

Morgan Stanley raised the firm's price target on NextEra Energy to $96 from $95 and keeps an Overweight rating on the shares. The firm is updating its price targets for stocks in the Regulated & Diversified Utilities / IPPs North America sector, noting utilities outperformed the S&P in July, the analyst tells investors. Following a collaboration with its global team, the firm now sees long-term advantages of nuclear that it believes are underappreciated in current market narratives. Guidance for large scale renewables and residential solar was broadly positive, while IPP earnings offered mostly positive data points, the firm adds.

Mizuho

Neutral

maintain

$74 -> $78

2025-08-21

New

Reason

Mizuho

Price Target

$74 -> $78

2025-08-21

New

maintain

Neutral

Reason

Mizuho raised the firm's price target on NextEra Energy to $78 from $74 and keeps a Neutral rating on the shares after the company provided details of the previously announced Florida rate settlement. While bears will "quickly point out" that the Florida Office of Public Counsel is not a party to the settlement, the firm says Florida Power & Light has settled every rate case since 2005 and believes the Public Service Commission will approve this settlement. The firm updated its price target based on current market multiples, the analyst noted.

Melius Research

James West

Buy

initiated

$100

2025-08-20

New

Reason

Melius Research

James West

Price Target

$100

2025-08-20

New

initiated

Buy

Reason

Melius Research analyst James West initiated coverage of NextEra Energy with a Buy rating and $100 price target. The introduction, adoption and acceleration of AI has transformed \"Energy & Power\" into an AI category and the market is in the early stages of a \"Power revolution\" that is only in the early innings of shifting leadership toward a whole new group of winners, the analyst tells investors while establishing coverage on several of the Supermajors, many prominent E&Ps, the largest oil service companies and the largest independent power producers.

BofA

Ross Fowler

Neutral

maintain

$69 -> $76

2025-07-24

Reason

BofA

Ross Fowler

Price Target

$69 -> $76

2025-07-24

maintain

Neutral

Reason

BofA analyst Ross Fowler raised the firm's price target on NextEra Energy to $76 from $69 and keeps a Neutral rating on the shares following the company's Q2 report. The firm, which is adjusting its FY25-FY27 EPS estimates, cites updated financials and peer multiples for its raised price target.

See All Ratings

About NEE

NextEra Energy, Inc. is an electric power and energy infrastructure company. It operates through its wholly owned subsidiaries, NextEra Energy Resources, LLC and NextEra Energy Transmission, LLC (collectively, NEER) and Florida Power & Light Company (FPL). Its segments include NEER and FPL. FPL segment is a rate-regulated electric utility engaged in the generation, transmission, distribution and sale of electric energy in Florida. FPL has approximately 35,052 megawatts of net generating capacity, over 91,000 circuit miles of transmission and distribution lines and 921 substations. The NEER segment owns, develops, constructs, manages and operates electric generation facilities in wholesale energy markets in the United States and Canada and includes assets and investments in other businesses with a clean energy focus, such as battery storage, natural gas pipelines, and renewable fuels. It owns, develops, constructs and operates rate-regulated transmission facilities in North America.

About the author

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Emily J. Thompson

Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.