Is NextEra Energy (NEE) One of the Best Clean Energy Stocks to Buy Right Now?
NextEra Energy, Inc. (NYSE:NEE) is included among the 10 Best Clean Energy Stocks to Buy Right Now.
With a market cap of over $194 billion as of the writing of this article, NextEra Energy, Inc. (NYSE:NEE) is the most valuable utility company in the world. The company boasts a diverse mix of energy sources, including natural gas, nuclear, renewable energy, and battery storage.
On May 13, JPMorgan raised its price target on NextEra Energy, Inc. (NYSE:NEE) from $100 to $105, while maintaining an ‘Overweight’ rating on the shares. The target boost reflects an upside of over 12% from the current share price.
Similarly, earlier on May 4, Evercore ISI also increased its price target on NextEra Energy, Inc. (NYSE:NEE) by $10, while keeping its Outperform rating (read more details here).
The revised estimates come after NextEra Energy, Inc. (NYSE:NEE) exceeded earnings estimates in its Q1 2026 report, with its profit growing by almost 162% YoY to $2.18 billion. Notably, Nextera’s renewables and storage unit added 4 GW of new renewable and storage projects to its backlog, with the company’s total backlog now standing at about 33 GW.
NextEra Energy, Inc. (NYSE:NEE) reiterated its adjusted EPS guidance of $3.92 to $4.02 per share for FY 2026, up from $3.71 per share last year. The company is then targeting to grow its adjusted EPS at a CAGR of over 8% through 2032, and then the same from 2032 through 2035, all off the 2025 base.
While we acknowledge the potential of NEE as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
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