NEE — NextEra Energy, Inc.
Utilities · Utilities - Regulated Electric
About NextEra Energy, Inc.
NextEra Energy, Inc., through its subsidiaries, generates, stores, transmits, distributes, and sells electric power to retail and wholesale customers in North America. It operates through Florida Power & Light Company (FPL) and NEER segments. The company generates electricity from wind, solar, nuclear, natural gas, and other clean energy assets. It also invests in generation, storage, transmission, and distribution facilities; owns, develops, constructs, manages, and operates generation facilities, including renewables, nuclear and natural gas, and battery storage facilities in the wholesale energy market in the United States and Canada, as well as electric and gas transmission assets, and natural gas pipelines; provides full energy and capacity requirement services; markets and trades in energy-related commodities; and participates in the production of natural gas, natural gas liquids, and oil. As of December 31, 2025, the company had approximately 35,963 megawatts of net generating capacity; approximately 93,000 circuit miles of transmission and distribution lines; and 932 substations. It serves approximately 12 million people through approximately 6 million customer accounts on 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.
The renewables & solar complex
The renewables complex spans panel and equipment makers (First Solar, Enphase, SolarEdge, Nextracker, Array), a rooftop installer (Sunrun), and owners of operating wind and solar farms (Brookfield Renewable, and NextEra — which is also a huge Florida utility). These are very different businesses traded as one theme, and the theme is brutally sensitive to two things: interest rates, because projects and rooftop loans run on debt, and policy, because tax credits and tariffs can rewrite the economics overnight. Dispersion inside the group is enormous — a manufacturer with a fat US order book and an installer bleeding cash can sit side by side. Check margins, funding costs and policy exposure name by name before treating any move as a sector signal. NextEra pairs Florida's biggest regulated utility with the world's largest developer of wind and solar.
Key data · delayed ~15 min, as of 1 August 2026
| Ticker | NEE |
| Company | NextEra Energy, Inc. |
| Price | $86.92 |
| Market cap | $181.3B |
| Sector / industry | Utilities / Utilities - Regulated Electric |
| Analyst mean target | $99 (19 analysts, buy) |
Valuation read
What the price implies: the market is pricing in roughly ~5%/yr earnings growth (moderate), on a reverse-DCF of forward earnings ($4.42). Run your own assumptions in the fair-value calculator.
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