Technical Analysis: Based on recent price action, NEE shows a bearish trend in the short term. The stock closed at $68.06 on Friday, showing weakness after testing resistance levels.
News Impact:
Price Prediction for Next Week: Based on technical indicators and recent price action:
Target price: $67.00 with 60% probability of reaching this level
Recommendation: SELL Rationale:
Key Price Levels:
The stock is expected to face selling pressure in the coming week due to overall market conditions and technical weakness. While long-term fundamentals remain solid with positive analyst coverage, short-term technical indicators suggest downside risk.
The price of NEE is predicted to go up -3.76%, based on the high correlation periods with AIZ. The similarity of these two price pattern on the periods is 90.79%.
NEE
AIZ
Year
NEE Price Forecast($)
Potential Return(%)
2025
85.000
18.070
2026
86.000
20.180
2027
95.000
32.760
2028
95.000
32.760
2029
110.000
53.720
2030
120.000
67.690
FP&L operates in one of the most constructive regulatory environments with numerous capital investment opportunities.
NEER has benefited from renewable energy federal tax credits, but state renewable portfolio standards, corporate purchases, and attractive economics are also supporting renewable energy investments.
Management's long runway of capital investment opportunities support our 7.5% annual earnings growth outlook through 2028.
Morgan Stanley
2025-01-23
Price Target
$93 → $94
Upside
+35.78%
Barclays
2024-10-25
Price Target
$80 → $82
Upside
+0.71%
Guggenheim
2024-10-24
Price Target
$90 → $92
Upside
+11.07%