Analyst Consensus ?
ConsensusBuy34 ratings
Bullish2470.6%
Neutral926.5%
Bearish12.9%
1 unmapped firm rating excluded from the percentages.
NextEra Energy, Inc. · NEE · FY2026 Q3 · Calendar Q4 2026
NEE maintains guidance as renewables and large-load pipeline expand
The quarter supports a constructive growth thesis: management linked earnings growth to electricity demand, renewables and storage expansion, federal hub funding, and large-load projects. The evidence is balanced by regulatory, financing, permitting, supply-chain, and execution risks; actual EPS and revenue versus consensus were not available in the supplied scorecard.
Reported Before market openNYSEUtilities
$164.50B market cap
80quality score
Earnings scorecard
Reported versus consensus
Reported EPS
—
Consensus $1.20
EPS surprise
—
Reported versus consensus
Reported revenue
—
Consensus $8.47B
Revenue surprise
—
Reported versus consensus
Market reaction
prior-close to event-session close
Stock move
-0.6%
Event window
SPY move
+0.6%
Same window
Abnormal move
-1.1%
Stock minus SPY
Volume
0.6×
Versus trailing sessions
Subsequent drift
0.0%
Up to 20 sessions
NEESPY benchmark
Ask FN2 about NEE FY2026 Q3
Transcript, numbers and history already loaded
What drove NEE's -0.6% move after FY2026 Q3 earnings?What changed in NEE's guidance and outlook in FY2026 Q3?Give me the bull and bear case for NEE after FY2026 Q3 earnings.
Free account. Your question opens in FN2 with this report's transcript and numbers attached.
Transcript intelligence
What changed
Compared with the prior quarter, the renewable and storage backlog increased to 36.7 GW, federal hubs secured $5.7 billion of funding for 16.5 GW of projects, and management cited a year-end target for announcing a large-load transaction. Guidance remained unchanged.
Guidance delta
Full-year adjusted EPS guidance was maintained at $3.92-$4.02, with management targeting the high end.
Key takeaways
- Adjusted EPS increased 9.7% year over year, while full-year guidance remained unchanged.
- Renewables and storage backlog rose to 36.7 GW, with more than 3.5 GW added for a fourth consecutive quarter.
- Federal hubs secured $5.7 billion of funding for 16.5 GW of projects and add a fee-income model without capital investment.
- Management highlighted a planned large-load transaction by year-end and the Duane Arnold nuclear restart targeted for early 2029.
Management priorities
- Expand renewable generation, battery storage, and transmission infrastructure.
- Advance federal hub and large-load data-center projects.
- Restart the Duane Arnold nuclear plant and integrate Dominion Energy assets after the merger.
- Support Florida grid resilience while managing financing, permitting, and regulatory requirements.
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Estimate
Beat
Miss
Match
Analyst 52W Price Targets
$78.44Current
$56Low
$90.53Average
$116High
Latest persisted target per named analyst; persisted current price from FN2's market snapshot as of Oct 21, 2026. Not an FN2 forecast.
Firm-level rating actions
FMP grade actions identify the grading firm, not a named analyst.
| Firm | Rating | Prior rating | Action | Date |
|---|---|---|---|---|
| BMO Capital | Outperform | Outperform | Maintain | Oct 20, 2026 |
| Barclays | Equal Weight | Equal Weight | Maintain | Oct 19, 2026 |
| Morgan Stanley | Overweight | Overweight | Maintain | Oct 14, 2026 |
| Mizuho | Neutral | Neutral | Maintain | Oct 6, 2026 |
| Seaport Global | Sell | Sell | Maintain | Oct 2, 2026 |
| B of A Securities | Neutral | Neutral | Maintain | Jul 13, 2026 |
| JP Morgan | Overweight | Overweight | Maintain | May 13, 2026 |
| Evercore ISI Group | Outperform | Outperform | Maintain | May 4, 2026 |
| Wells Fargo | Overweight | Overweight | Maintain | Apr 24, 2026 |
| UBS | Buy | Buy | Maintain | Mar 5, 2026 |
| Argus Research | Buy | Buy | Maintain | Jan 28, 2026 |
| Jefferies | Hold | Hold | Maintain | Dec 31, 2025 |
| Citigroup | Buy | Buy | Maintain | Oct 29, 2025 |
| Guggenheim | Buy | Buy | Maintain | Mar 20, 2025 |
| Scotiabank | Sector Outperform | Sector Outperform | Maintain | Dec 12, 2024 |
| RBC Capital | Outperform | Outperform | Maintain | Jun 12, 2024 |
| Keybanc | Overweight | Downgrade | Oct 5, 2023 | |
| Goldman Sachs | Buy | Buy | Maintain | Oct 2, 2023 |
| Erste Group | Hold | Buy | Downgrade | Apr 25, 2023 |
| Credit Suisse | Outperform | Outperform | Maintain | Jan 26, 2023 |
| Bernstein | Outperform | Outperform | Maintain | Mar 3, 2021 |
| Piper Sandler | Overweight | Overweight | Maintain | Nov 19, 2020 |
| Atlantic Equities | Overweight | Overweight | Maintain | Sep 4, 2020 |
| Bank of America | Buy | Buy | Maintain | Jun 25, 2019 |
| Argus | Buy | Buy | Maintain | Nov 5, 2018 |
| Deutsche Bank | Buy | Hold | Upgrade | Jan 30, 2017 |
| Macquarie | Neutral | Outperform | Downgrade | Apr 4, 2016 |
| Baird | Outperform | Neutral | Upgrade | Jan 29, 2016 |
| Scotia Howard Weil | Outperform | Sector Outperform | Maintain | Nov 17, 2015 |
| ISI Group | Buy | Neutral | Upgrade | Aug 6, 2014 |
| BGC Financial | Hold | Hold | Maintain | Apr 28, 2014 |
| Wunderlich Securities | Hold | Hold | Maintain | May 1, 2013 |
| Wunderlich | Hold | Hold | Maintain | May 1, 2013 |
| Hilliard Lyons | Buy | Buy | Maintain | Jan 30, 2013 |
| Bank oferica | Buy | Buy | Maintain | Apr 26, 2012 |
Named analyst price targets
Upside is calculated against the persisted current price $78.44. FMP does not supply a rating on these named-analyst rows.
| Firm | Analyst | 52W target | Price when posted | Upside | Date |
|---|---|---|---|---|---|
| BMO Capital | Analyst unavailable | $88 | $79.08 | +12.2% | Oct 20, 2026 |
| Piper Sandler | Analyst unavailable | $88 | $79.08 | +12.2% | Oct 20, 2026 |
| BTIG | Alex Kania | $105 | $78.17 | +33.9% | Oct 20, 2026 |
| Barclays | Analyst unavailable | $84 | $79.8 | +7.1% | Oct 19, 2026 |
| Morgan Stanley | Analyst unavailable | $110 | $77.97 | +40.2% | Oct 14, 2026 |
| Mizuho Securities | Analyst unavailable | $80 | $76.28 | +2.0% | Oct 6, 2026 |
| Seaport Global | Angie Storozynski | $56 | $77.38 | -28.6% | Oct 2, 2026 |
| Morgan Stanley | Analyst unavailable | $114 | $85.02 | +45.3% | Aug 21, 2026 |
| Bernstein | Sunaina Ocalan | $108 | $89.36 | +37.7% | Jul 27, 2026 |
| BMO Capital | Analyst unavailable | $96 | $89.78 | +22.4% | Jul 27, 2026 |
| Mizuho Securities | Paul Fremont | $95 | $89.78 | +21.1% | Jul 27, 2026 |
| Morgan Stanley | David Arcaro | $116 | $88.97 | +47.9% | Jul 22, 2026 |
| BMO Capital | Analyst unavailable | $94 | $89.07 | +19.8% | Jul 22, 2026 |
| Jefferies | Analyst unavailable | $94 | $88.38 | +19.8% | Jul 14, 2026 |
| Barclays | Analyst unavailable | $91 | $87.44 | +16.0% | Jul 7, 2026 |
| Morgan Stanley | Analyst unavailable | $117 | $87.12 | +49.1% | Jun 24, 2026 |
| Bernstein | Analyst unavailable | $107 | $86.23 | +36.4% | Jun 16, 2026 |
| Barclays | Analyst unavailable | $90 | $88.55 | +14.7% | May 26, 2026 |
| Morgan Stanley | Analyst unavailable | $111 | $89.19 | +41.5% | May 21, 2026 |
| Morgan Stanley | Analyst unavailable | $115 | $88.48 | +46.6% | May 19, 2026 |
| Evercore ISI | Analyst unavailable | $107 | $96.6 | +36.4% | May 4, 2026 |
| BMO Capital | Analyst unavailable | $104 | $95.22 | +32.6% | Apr 27, 2026 |
| BTIG | Alex Kania | $112 | $96.25 | +42.8% | Apr 24, 2026 |
| Wells Fargo | Analyst unavailable | $102 | $96.25 | +30.0% | Apr 24, 2026 |
| Morgan Stanley | David Arcaro | $107 | $91.63 | +36.4% | Apr 21, 2026 |
| Wells Fargo | Shahriar Pourreza | $99 | $92.01 | +26.2% | Apr 21, 2026 |
| Morgan Stanley | Analyst unavailable | $108 | $91.1 | +37.7% | Apr 17, 2026 |
| Morgan Stanley | Analyst unavailable | $106 | $92.28 | +35.1% | Feb 20, 2026 |
| BMO Capital | Analyst unavailable | $95 | $87.57 | +21.1% | Jan 29, 2026 |
| Argus Research | Analyst unavailable | $92 | $87.66 | +17.3% | Jan 28, 2026 |
| Mizuho Securities | Analyst unavailable | $90 | $87.78 | +14.7% | Jan 28, 2026 |
| BTIG | Alex Kania | $103 | $87.15 | +31.3% | Jan 28, 2026 |
| Morgan Stanley | Analyst unavailable | $104 | $83.76 | +32.6% | Jan 21, 2026 |
| Jefferies | Analyst unavailable | $87 | $81.82 | +10.9% | Jan 14, 2026 |
| Jefferies | Julien Dumoulin-Smith | $88 | $80.53 | +12.2% | Dec 31, 2025 |
| UBS | William Appicelli | $91 | $81.32 | +16.0% | Dec 17, 2025 |
| BMO Capital | James Thalacker | $89 | $79.64 | +13.5% | Dec 10, 2025 |
| UBS | Analyst unavailable | $94 | $79.64 | +19.8% | Dec 10, 2025 |
| BTIG | Analyst unavailable | $100 | $80.55 | +27.5% | Dec 9, 2025 |
| Argus Research | Analyst unavailable | $90 | $82.45 | +14.7% | Oct 29, 2025 |
| UBS | Analyst unavailable | $96 | $82.72 | +22.4% | Oct 29, 2025 |
| Barclays | Analyst unavailable | $88 | $83.57 | +12.2% | Oct 29, 2025 |
| Evercore ISI | Nicholas Amicucci | $93 | $83.57 | +18.6% | Oct 28, 2025 |
| Wells Fargo | Analyst unavailable | $97 | $86.03 | +23.7% | Oct 27, 2025 |
| BTIG | Analyst unavailable | $98 | $83.99 | +24.9% | Oct 21, 2025 |
| Barclays | Analyst unavailable | $87 | $84.77 | +10.9% | Oct 21, 2025 |
| Jefferies | Analyst unavailable | $85 | $84.49 | +8.4% | Oct 14, 2025 |
| New Street | Analyst unavailable | $84 | $83.35 | +7.1% | Oct 13, 2025 |
| Evercore ISI | Nicholas Amicucci | $92 | $82.11 | +17.3% | Oct 6, 2025 |
| Mizuho Securities | Analyst unavailable | $78 | $76.08 | -0.6% | Aug 21, 2025 |
| Barclays | Analyst unavailable | $73 | $66.64 | -6.9% | Apr 22, 2025 |
| BMO Capital | James Thalacker | $91 | $83.78 | +16.0% | Oct 18, 2024 |
| Morgan Stanley | David Arcaro | $90 | $84.43 | +14.7% | Sep 25, 2024 |
| BMO Capital | James Thalacker | $83 | $72.01 | +5.8% | Jul 15, 2024 |
| Scotiabank | Andrew Weisel | $73 | $72.34 | -6.9% | Jun 12, 2024 |
| BMO Capital | James Thalacker | $79 | $72.74 | +0.7% | Jun 12, 2024 |
| RBC Capital | Shelby Tucker | $84 | $71.46 | +7.1% | Jun 12, 2024 |
| CFRA | Daniel RIch | $85 | $72.74 | +8.4% | Jun 11, 2024 |
| Barclays | Nicholas Campanella | $74 | $77.15 | -5.7% | Jun 5, 2024 |
| Morgan Stanley | David Arcaro | $83 | $76.96 | +5.8% | May 28, 2024 |
| BMO Capital | James Thalacker | $78 | $71.25 | -0.6% | May 7, 2024 |
| BMO Capital | James Thalacker | $72 | $65.98 | -8.2% | Apr 25, 2024 |
| BMO Capital | James Thalacker | $68 | $62.75 | -13.3% | Apr 16, 2024 |
| Barclays | Betty Jiang | $66 | $65.38 | -15.9% | Apr 10, 2024 |
| BMO Capital | James Thalacker | $77 | $62.55 | -1.8% | Apr 4, 2024 |
| Seaport Global | Angie Storozynski | $44 | $57.1 | -43.9% | Feb 22, 2024 |
| Mizuho Securities | Anthony Crowdell | $73 | $55.97 | -6.9% | Feb 6, 2024 |
| Barclays | Eric Beaumont | $76 | $61.99 | -3.1% | Jan 4, 2024 |
| Morgan Stanley | David Arcaro | $91 | $53.63 | +16.0% | Oct 19, 2023 |
| Morgan Stanley | Analyst unavailable | $98 | $83.62 | +24.9% | Jan 10, 2023 |
| Wells Fargo | Analyst unavailable | $110 | $84.08 | +40.2% | Jan 10, 2023 |
| Morgan Stanley | Analyst unavailable | $97 | $85.81 | +23.7% | Dec 15, 2022 |
| Morgan Stanley | Analyst unavailable | $95 | $83.28 | +21.1% | Nov 11, 2022 |
| Guggenheim | Analyst unavailable | $108 | $90.47 | +37.7% | Sep 12, 2022 |
| Mizuho Securities | Analyst unavailable | $81 | $73.95 | +3.3% | Apr 25, 2022 |
| Morgan Stanley | Analyst unavailable | $88 | $82.12 | +12.2% | Apr 20, 2022 |
| KeyBanc | Sophie Karp | $87 | $84.18 | +10.9% | Mar 7, 2022 |
| Mizuho Securities | Paul Fremont | $88 | $81.47 | +12.2% | Jan 24, 2022 |
| Bank of America Securities | Julien Dumoulin Smith | $95 | $84.32 | +21.1% | Jan 11, 2022 |
| Bernstein | Meike Becker | $100 | $91.49 | +27.5% | Dec 15, 2021 |
| Goldman Sachs | Michael Lapides | $83 | $76.73 | +5.8% | Jul 28, 2021 |
| Credit Suisse | Maheep Mandloi | $85 | $73.78 | +8.4% | Jul 13, 2021 |
Track every rating change on NEE the moment it posts. Free to start.
Start freeCompany context
Snapshot as of publicationNextEra Energy, Inc., operating through its diverse subsidiaries, is a prominent electric power provider in North America. The company's operations encompass the generation, transmission, distribution, and sale of electricity to both individual consumers and large-scale wholesale clients. Its energy portfolio is broad, featuring power generation from wind, solar, nuclear, coal, and natural gas facilities. Beyond direct power supply, NextEra Energy is actively involved in developing, constructing, and managing long-term contracted clean energy infrastructure, including renewable energy generation sites, battery storage solutions, and electric transmission networks.…
Historical context
All NEE earningsLatest beats and misses
Who reports nextBeat on EPS
- NLY-PFFY2026 Q3 · October 20, 2026+3.6% EPS— move
- NLY-PGFY2026 Q3 · October 20, 2026+3.6% EPS— move
- NLYFY2026 Q3 · October 20, 2026+3.6% EPS-0.6% move
- CBFY2026 Q3 · October 20, 2026+12.8% EPS-0.4% move
- ISRGFY2026 Q3 · October 20, 2026+13.2% EPS-3.6% move
- SPCXFY2026 Q3 · October 20, 2026+160.0% EPS-0.1% move
Missed on EPS
- PACFY2026 Q3 · October 20, 2026-2.2% EPS+7.1% move
- AGNCZFY2026 Q3 · October 19, 2026-0.6% EPS+0.3% move
- AGNCLFY2026 Q3 · October 19, 2026-0.6% EPS-0.3% move
- AGNCOFY2026 Q3 · October 19, 2026-0.6% EPS+0.3% move
- AGNCPFY2026 Q3 · October 19, 2026-0.6% EPS0.0% move
- AGNCMFY2026 Q3 · October 19, 2026-0.6% EPS-0.3% move
Get the NEE recap when the next report posts
One email per quarter with the scorecard, the market reaction and what changed on the call. No account needed.
Sources
- Earnings call transcript and parsed analysis · 2026-10-21T17:04:01.903983+00:00
- FN2 earnings calendar · 2026-10-21T01:23:14.182042+00:00
- Polygon adjusted daily market bars · 2026-10-21T17:50:43.825224+00:00
- Financial Modeling Prep analyst price-target consensus and quote snapshot · 2026-10-21T17:50:43.822603+00:00
Methodology
Reported and consensus figures come from FN2's earnings event records. Market reaction and volume are calculated from daily adjusted bars around the event; abnormal move subtracts the SPY move over the same window.
Analyst target low, average, and high values are derived at request time from each named analyst's latest persisted FMP target. The current-price marker comes from FN2's persisted market snapshot. They are sell-side estimates, not an FN2 valuation or recommendation.
Transcript intelligence is a structured synthesis of the current and prior earnings-call analyses. Missing values stay missing and are never estimated.
By FN2 Research · Updated · As of 2026-10-21. For educational purposes only; not investment advice.