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NEE
Stock ticker: NYSE
AS OF
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Price
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Capitalization
136.54B

NEE Price Prediction, Nextera Energy Inc AI Recommendations

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

Technical Analysis# Of IndicatorsAvg. Odds
   
   
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A.I.Advisor
a Summary for NEE with price predictions
08:00 PM EDT Sep 25, 2023

NEE sees MACD Histogram just turned negative

NEE saw its Moving Average Convergence Divergence Histogram (MACD) turn negative on September 26, 2023. This is a bearish signal that suggests the stock could decline going forward. Tickeron's A.I.dvisor looked at 52 instances where the indicator turned negative. In of the 52 cases the stock moved lower in the days that followed. This puts the odds of a downward move at .

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 .

Following a 3-day decline, the stock is projected to fall further. Considering past instances where NEE declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

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 Oscillator points to a transition from a downward trend to an upward trend -- in cases where NEE's RSI Oscillator exited the oversold zone, of 27 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The Stochastic Oscillator is in the oversold zone. Keep an eye out for a move up in the foreseeable future.

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 Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 74, placing this stock better than average.

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

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly overvalued 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: NEE's P/B Ratio (3.048) is slightly higher than the industry average of (1.596). P/E Ratio (16.667) is within average values for comparable stocks, (21.488). Projected Growth (PEG Ratio) (1.615) is also within normal values, averaging (2.533). Dividend Yield (0.027) settles around the average of (0.051) among similar stocks. P/S Ratio (5.008) is also within normal values, averaging (3.202).

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 88 cents per share on October 24

Nextera Energy Inc NEE Stock Earnings Reports
Q3'23
Est.
$0.89
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 11.49M shares outstanding, the current market capitalization sits at 136.54B.
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 16.79B. The market cap for tickers in the group ranges from 500 to 136.54B. NEE holds the highest valuation in this group at 136.54B. 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 -3%. For the same Industry, the average monthly price growth was -3%, and the average quarterly price growth was -4%. PPWLO experienced the highest price growth at 6%, while EUSP experienced the biggest fall at -31%.

Volume

The average weekly volume growth across all stocks in the Electric Utilities Industry was 6%. For the same stocks of the Industry, the average monthly volume growth was 8% and the average quarterly volume growth was 21%

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: 74
Price Growth Rating: 61
SMR Rating: 79
Profit Risk Rating: 73
Seasonality Score: -15 (-100 ... +100)
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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
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NEE and

Correlation & Price change

A.I.dvisor indicates that over the last year, NEE has been closely correlated with ES. 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 ES could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To NEE
1D Price
Change %
NEE100%
-3.16%
ES - NEE
75%
Closely correlated
-3.40%
AGR - NEE
73%
Closely correlated
-3.79%
DUK - NEE
73%
Closely correlated
-2.35%
PEG - NEE
73%
Closely correlated
-3.02%
LNT - NEE
72%
Closely correlated
-3.51%
More