+Compare
NEE
Stock ticker: NYSE
AS OF
Loading...
Price
Loading...
Change
Loading...
Capitalization
105.54B

NEE Price Prediction, Nextera Energy Inc AI Recommendations

Stock market charts, price targets, analyst ratings and a financial calendar

Technical Analysis# Of IndicatorsAvg. Odds
   
   
Show details...
A.I.Advisor
a Summary for NEE with price predictions
08:00 PM EDT Oct 02, 2023

NEE in -12.64% downward trend, sliding for three consecutive days on September 28, 2023

Moving lower for three straight days is viewed as a bearish sign. Keep an eye on this stock for future declines. Considering data from situations where NEE declined for three days, in of 247 cases, the price declined further within the following month. The odds of a continued downward trend are .

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis

The Momentum Indicator moved below the 0 level on September 25, 2023. You may want to consider selling the stock, shorting the stock, or exploring put options on NEE as a result. In of 90 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

The Moving Average Convergence Divergence Histogram (MACD) for NEE turned negative on September 26, 2023. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 52 similar instances when the indicator turned negative. In of the 52 cases the stock turned lower in the days that followed. This puts the odds of success at .

The Aroon Indicator for NEE entered a downward trend on September 13, 2023. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

Bullish Trend Analysis

The RSI Indicator shows that the ticker has stayed in the oversold zone for 4 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an Uptrend is expected.

The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 5 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where NEE advanced for three days, in of 350 cases, the price rose further within the following month. The odds of a continued upward trend are .

NEE may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

Fundamental Analysis (Ratings)

Fear & Greed

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

The Tickeron Seasonality Score of (best 1 - 100 worst) indicates that the company is fair valued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating well-balanced risk and returns. The average Profit vs. Risk Rating rating for the industry is 77, placing this stock slightly better than average.

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is fair valued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (2.356) is normal, around the industry mean (1.532). P/E Ratio (12.870) is within average values for comparable stocks, (21.120). Projected Growth (PEG Ratio) (1.248) is also within normal values, averaging (2.451). Dividend Yield (0.035) settles around the average of (0.053) among similar stocks. P/S Ratio (3.870) is also within normal values, averaging (3.156).

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating fairly steady price growth. NEE’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

A.I. Advisor
published Earnings

NEE is expected to report earnings to fall 2.05% to 86 cents per share on October 24

Nextera Energy Inc NEE Stock Earnings Reports
Q3'23
Est.
$0.86
Q2'23
Beat
by $0.06
Q1'23
Beat
by $0.14
Q4'22
Beat
by $0.01
Q3'22
Beat
by $0.06
The last earnings report on July 25 showed earnings per share of 87 cents, beating the estimate of 81 cents. With 36.11M shares outstanding, the current market capitalization sits at 105.54B.
A.I.Advisor
published Dividends

NEE paid dividends on September 15, 2023

Nextera Energy Inc NEE Stock Dividends
А dividend of $0.47 per share was paid with a record date of September 15, 2023, and an ex-dividend date of August 29, 2023. Read more...
A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are Nextera Energy Inc (NYSE:NEE), Southern Company (The) (NYSE:SO), PG&E Corp (NYSE:PCG), Dominion Energy (NYSE:D), NRG Energy (NYSE:NRG).

Industry description

Electric utilities companies generate, transmit and distribute electricity to businesses/offices and residences. Companies may be owned by the government or investors or public shareholders, or a combination thereof. The industry also includes firms that buy and sell electricity. Companies in this industry typically require significant investments in infrastructure. Many firms in this industry pay substantial and regular dividends to shareholders. However, changes in interest rates (and their impact on debt burdens), natural disasters and changing commodity prices could be factors affecting energy utilities’ profit margins. NextEra Energy, Inc., Duke Energy Corporation, Dominion Energy Inc. and Southern Company are among U.S. electric utilities companies with the largest market capitalizations.

Market Cap

The average market capitalization across the Electric Utilities Industry is 15.69B. The market cap for tickers in the group ranges from 500 to 105.54B. NEE holds the highest valuation in this group at 105.54B. The lowest valued company is SLTZ at 500.

High and low price notable news

The average weekly price growth across all stocks in the Electric Utilities Industry was -4%. For the same Industry, the average monthly price growth was -7%, and the average quarterly price growth was -8%. ABZPF experienced the highest price growth at 16%, while EWCLF experienced the biggest fall at -25%.

Volume

The average weekly volume growth across all stocks in the Electric Utilities Industry was 80%. For the same stocks of the Industry, the average monthly volume growth was 89% and the average quarterly volume growth was 113%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 40
P/E Growth Rating: 71
Price Growth Rating: 64
SMR Rating: 79
Profit Risk Rating: 76
Seasonality Score: 15 (-100 ... +100)
View a ticker or compare two or three
Technical Analysis# Of IndicatorsAvg. Odds
   
   
Show details...
A.I.Advisor
published price charts
A.I. Advisor
published General Information

General Information

an investment holding company with interests in generating and distributing electricity

Industry ElectricUtilities

Profile
Fundamentals
Details
Industry
Electric Utilities
Address
700 Universe Boulevard
Phone
+1 561 694-4000
Employees
9300
Web
https://www.nexteraenergy.com
Interesting Tickers
1D
1W
1M
1Q
6M
1Y
5Y
1 Day
STOCK / NAMEPrice $Chg $Chg %
OGS66.460.80
+1.22%
ONE GAS
PCG15.330.11
+0.72%
PG&E Corp
AVNS20.10-0.08
-0.40%
Avanos Medical
PCB15.00-0.08
-0.53%
PCB Bancorp
RGLS1.33-0.05
-3.62%
Regulus Therapeutics

NEE and

Correlation & Price change

A.I.dvisor indicates that over the last year, NEE has been closely correlated with AGR. These tickers have moved in lockstep 75% of the time. This A.I.-generated data suggests there is a high statistical probability that if NEE jumps, then AGR could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To NEE
1D Price
Change %
NEE100%
+1.21%
AGR - NEE
75%
Closely correlated
+1.30%
ES - NEE
74%
Closely correlated
+0.57%
PEG - NEE
71%
Closely correlated
+1.54%
DUK - NEE
71%
Closely correlated
+0.37%
LNT - NEE
71%
Closely correlated
+1.19%
More