NEE Stock Today (December 7, 2025): NextEra Energy’s Latest News, Price Targets and Dividend Outlook

NextEra Energy (NYSE: NEE) has quietly become one of the most important stocks at the intersection of clean energy, artificial intelligence (AI) and dividend growth. As of the close on Friday, December 5, 2025, NEE traded around $83.13 per share, giving the company a market capitalization of roughly $173 billion. Shares now sit close to their 52‑week high of $87.53 after rebounding sharply from last year’s utility sell‑off, and they trade on a price‑to‑earnings ratio of about 26.4 and a forward P/E near 22.2, with a dividend yield of roughly 2.7%. ^[1]

Year to date, NEE has returned about 24%, outpacing the S&P 500’s roughly 16.5%, though risk‑adjusted metrics show the stock has been more volatile than the broad market over shorter periods. TechStock²

Below is a structured look at the latest news, forecasts and analysis on NEE stock as of December 7, 2025, with a focus on what matters for Google News and Discover readers.

1. Where NEE Stock Stands Right Now

Key snapshot as of the December 5 close: ^[2]

Share price: $83.13
Market cap: ~$173.1 billion
52‑week range: $61.72 – $87.53 (shares are trading not far below the recent high)
P/E (ttm): 26.38
Forward P/E: 22.18
Dividend: $2.27 per share annually (paid quarterly)
Dividend yield: ~2.7%
Beta: ~0.73 (less volatile than the market)

For a regulated utility, those multiples represent a premium valuation, reflecting investors’ expectations for faster growth than the average electric utility, driven by Florida’s population boom and a large renewables and nuclear development pipeline.

2. Fresh December Headlines Driving NEE Stock

2.1 Dec. 8 New York Investor Conference

On December 5, NextEra confirmed it will host its previously announced investor conference in New York on December 8, with senior executives scheduled to discuss long‑term growth‑rate expectations and capital plans from 8:30 a.m. to 11:30 a.m. Eastern. Presentation materials and a live webcast will be made available on the investor relations site, with a replay accessible for 30 days. ^[3]

This event is important because management may update, clarify, or reaffirm its medium‑term earnings and dividend growth framework in light of:

The new Florida rate agreement
The Google nuclear partnership
Higher interest‑rate and capital‑markets volatility

Any change to long‑term EPS or dividend growth targets would likely move NEE stock.

2.2 Big Investors Reposition: First Trust Buys, Dnca Sells

Two new 13F filings published today highlight how institutional investors are repositioning around NEE: ^[4]

First Trust Advisors LP increased its NextEra stake by 30.4% in Q2, adding roughly 300,700 shares to bring its total to 1.29 million shares valued around $89.6 million, or about 0.06% of the company.
Dnca Finance, by contrast, cut its stake by 75.5%, selling 99,500 shares and retaining about 32,350 shares worth roughly $2.25 million.

The same filings show that around 78.7% of NEE’s shares are held by institutions and hedge funds, while insiders own only about 0.2% and have sold roughly 168,000 shares (about $13.9 million worth) over the last 90 days. ^[5]

Taken together, the flows look more like portfolio rebalancing around a strong performer rather than a major shift in Wall Street’s view. But the continued insider selling is something long‑term shareholders will keep an eye on.

2.3 Shareholder-Rights Law Firm Investigation

On December 4, investor‑rights law firm Halper Sadeh LLC announced an investigation into whether certain officers and directors of NextEra Energy breached their fiduciary duties to shareholders. The firm is soliciting long‑term NEE shareholders who may seek corporate governance reforms or other remedies. ^[6]

No specific allegations or findings have been made public, and these kinds of investigations are fairly common with large‑cap companies. Still, it adds a governance and litigation overhang that investors will monitor, especially if it evolves into a formal lawsuit.

2.4 Florida Rate Deal: Regulatory Visibility Through 2029

NextEra’s largest business, Florida Power & Light (FPL), secured a crucial regulatory win in November. The Florida Public Service Commission (PSC) approved a four‑year rate agreement covering 2026–2029 that: ^[7]

Allows FPL to keep making “smart, necessary” grid investments to meet Florida’s growth
Keeps customer bills well below the national average
Lifts a typical 1,000‑kWh residential bill in most of Florida by about $2.50 per month (roughly 2%) in 2026, from $134.14 to $136.64
Leaves bills in Northwest Florida roughly flat in 2026

For NEE stock, this settlement is significant because it provides multi‑year visibility on regulated earnings, while preserving political goodwill by avoiding steep bill spikes. It also reinforces the narrative that FPL can fund capital expenditures to support electrification and population growth without provoking serious regulatory pushback.

FPL also recently received the 2025 ReliabilityOne® National Reliability Award, underscoring its record of high service reliability and customer value—another plus when regulators weigh rate proposals. ^[8]

2.5 Google Nuclear Partnership: Duane Arnold and the AI Power Story

On October 27, NextEra and Google announced a landmark nuclear power partnership centered on restarting Iowa’s Duane Arnold Energy Center, a 615‑megawatt plant that had been shut down. Key elements of the deal: ^[9]

25‑year power purchase agreement (PPA): Google will buy carbon‑free nuclear power from Duane Arnold to help power its AI and cloud data centers in Iowa.
Full ownership: NextEra plans to acquire the remaining 30% interest from Central Iowa Power Cooperative and Corn Belt Power, making it the sole owner.
Timeline and impact: The plant is targeted to be fully operational by early 2029 and is expected to generate up to $0.16 in annual adjusted EPS for NextEra over its first 10 years, assuming full ownership.
Economic footprint: The restart is projected to create about 400 full‑time jobs and more than $9 billion in economic benefits for Iowa.

The companies also agreed to explore additional advanced nuclear projects in the U.S., positioning NextEra as a major player in what could become a nuclear revival driven by AI’s insatiable power needs.

This collaboration has become a central part of the “AI + energy” investment story around NEE stock.

2.6 Leadership Changes at FPL

Effective December 1, NextEra promoted Scott Bores to president of Florida Power & Light, while Armando Pimentel remains FPL’s CEO. ^[10]

The move suggests an emphasis on management depth and continuity at the core utility, which generates the majority of NextEra’s earnings.

2.7 Earlier 2025 Shock: XPLR Distribution Suspension

Back in January, XPLR Infrastructure (formerly NextEra Energy Partners), which is majority‑owned by NextEra, suspended its distributions indefinitely to redirect cash toward buying out convertible equity structures and reducing its dependence on capital markets. The decision caused XPLR units to plunge about 30% in a single day. ^[11]

NextEra reaffirmed its long‑term funding plans, but the episode highlighted the financing risks around renewables vehicles and reminded investors that capital structure decisions at affiliates can spill over into sentiment around NEE stock.

3. Q3 2025 Earnings: Beat on EPS, Strong Backlog, Guidance Intact

NextEra reported its third‑quarter 2025 results on October 28:

Adjusted EPS: $1.13, beating the consensus estimate of $1.04 and up about 9.7% year over year from $1.03.
GAAP EPS: $1.18 vs. $0.90 a year earlier.
Revenue: About $7.96 billion, up 5.3% year over year but slightly below the roughly $8.11 billion consensus. ^[12]

Segment highlights: ^[13]

FPL
- Revenue around $5.29 billion, up about 7% year over year.
- Earnings of $0.71 per share, up from $0.63.
- Roughly $2.5 billion in Q3 capital expenditures; full‑year capex guidance of $9.3–$9.8 billion.
NextEra Energy Resources (NEER)
- Adjusted earnings of $1.10 billion ($0.53 per share), up from $0.47 per share a year ago.
- Added 3 gigawatts of new renewables and storage projects to its backlog, which now totals nearly 30 GW after accounting for more than 1.7 GW placed into service since Q2.

Management also reaffirmed and extended guidance: ^[14]

2025 adjusted EPS: $3.45 – $3.70
2026 adjusted EPS: $3.63 – $4.00
2027 adjusted EPS: $3.85 – $4.32
Intention to grow dividends at around 10% per year through at least 2026

The market reaction was mixed: shares dipped in the days after the release as investors digested the revenue miss and higher capex, but the stock later recovered as the broader utility sector rallied.

4. Dividend Profile: 31 Years of Growth and a 2.7% Yield

For many investors, the core of the NEE thesis is its dividend growth track record.

NextEra currently pays an annual dividend of $2.27 per share, or $0.5665 per quarter, implying a yield of roughly 2.7% at current prices. ^[15]
The next payment is scheduled for December 15, 2025, with an ex‑dividend date of November 21. ^[16]
The company has increased its dividend for 31 consecutive years, making it a long‑standing Dividend Aristocrat within the S&P 500. ^[17]
The payout ratio is around 70% of earnings, high but still within a sustainable range for a mature utility. ^[18]

In February 2025, the board raised the dividend by about 10% to $0.5665 per quarter and explicitly tied the move to a plan to grow dividends at roughly 10% annually through at least 2026, off a 2024 base. ^[19]

Compared with the wider utilities sector, whose average dividend yield is closer to 3.7%, NextEra’s lower yield reflects the “growth‑tilted” nature of the story: investors are willing to accept a smaller starting yield in exchange for higher expected long‑term dividend and EPS growth. ^[20]

5. Wall Street Forecasts: “Moderate Buy” With High‑$80s to Mid‑$90s Targets

Analyst coverage of NEE is broad and generally positive:

According to MarketBeat, 21 Wall Street analysts have rated NEE over the past 12 months. The consensus rating is “Moderate Buy”, with 3 Strong Buys, 13 Buys, and 5 Holds, and no Sell ratings. ^[21]
The average 12‑month price target is $91.00, implying about 9.5% upside from the current price near $83.08. Targets range from $77 on the low end to $98 on the high end. ^[22]
StockAnalysis aggregates a similar picture: 14‑analyst consensus “Buy” with a mean price target of $91.36, roughly 9.9% upside. ^[23]

Recent research notes highlighted in institutional news include: ^[24]

HSBC nudging its target to $95.
TD Cowen initiating or reiterating a $98 target with a Buy rating.
Mizuho increasing its target to $88 with a Neutral stance.
Evercore ISI affirming an Outperform rating and a $93 target.
Barclays setting an $88 “Equal Weight” target.

Overall, sell‑side analysts see mid‑single‑digit to low‑double‑digit annual total returns from here, driven by regulated rate base growth, the renewables and nuclear backlog, and dividend growth.

6. Valuation Debate: Premium Utility vs. Overvalued Dividend Story

The market clearly assigns NEE a premium valuation:

P/E of about 26.4x trailing earnings
Forward P/E of around 22x
PEG (price/earnings‑to‑growth) ratios described as elevated compared with many utilities ^[25]

Independent fundamental analysis is split:

A Dividend Discount Model (DDM) from Simply Wall St estimates an intrinsic value of about $69.51 per share based solely on the current dividend and a long‑run dividend growth rate of roughly 3.3%, suggesting the stock could be about 20% overvalued on a yield‑focused basis. ^[26]
The same analysis notes NEE trades at roughly 26.6x earnings, higher than the electric‑utilities industry average near 19.9x, but argues that a proprietary “Fair Ratio” suggests a “reasonable” P/E closer to 29.5x, implying modest undervaluation when growth and risk are fully considered. ^[27]

In short, valuation depends on the lens:

If you focus on the current dividend and its growth, NEE looks rich.
If you believe strongly in AI‑driven power demand, nuclear restarts, renewables growth, and Florida’s demographic tailwinds, the premium multiple can be justified.

Past performance also complicates the story. Recent commentary from The Motley Fool notes that, despite a strong rally this fall, NEE’s three‑ and five‑year share performance has lagged the broader market, a reminder that even “compounder” utilities can go through long periods of underperformance. ^[28]

7. Quant and Technical Forecasts: Flat to Slightly Negative

Algorithms paint a more cautious near‑ to medium‑term picture.

Technical‑analysis platform CoinCodex currently: ^[29]

Rates NEE sentiment as neutral with a “Fear” reading of 39 on its Fear & Greed Index.
Projects the stock will hover in a narrow band between roughly $82.70 and $85.67 for the rest of 2025, with an average forecast price of $83.81—only about 3% above current levels.
Expects a one‑year price of around $79.97, implying a 3.8% decline from today’s price.
Sees a 2030 price around $74.86, slightly below current levels, and does not expect NEE to reach $100 under its model (it estimates the highest price by 2026 near $85.89).

These models are purely technical and explicitly not investment advice, but they underline an important point: with NEE trading near the upper end of its recent range and much good news already priced in, short‑term upside may be limited if interest rates or sentiment turn against utilities.

8. How NEE Fits the AI and Clean-Energy Narrative

Several recent analyses have grouped NextEra among utilities most likely to benefit from surging power demand from AI data centers and industrial reshoring: ^[30]

A recent utilities piece highlighted NEE alongside Constellation and Dominion as well‑positioned to grow above the sector average in 2026 and beyond, thanks to AI‑driven demand and large capex pipelines.
Research firm Nanalyze described NextEra as a “dividend growth champion” with more than 25 years of annual dividend increases and exposure to disruptive themes like wind, solar, nuclear, and grid modernization.

Combined with the Google nuclear partnership and the Florida rate deal, this supports a narrative where NEE is not just a defensive income stock but a core infrastructure play for an AI‑intensive, electrified U.S. economy.

9. Key Risks for NEE Stock

Even with strong fundamentals, investors in NEE face several risks:

Interest‑rate sensitivity: Utilities are classic “bond proxies.” Rising Treasury yields can compress valuation multiples and make NEE’s 2.7% yield less attractive relative to risk‑free alternatives.
Regulatory risk: The Florida rate agreement is a positive, but future PSC rulings—especially if inflation or political pressure rises—could cap allowed returns or limit rate base growth. ^[31]
Execution risk on nuclear projects: Restarting Duane Arnold is complex, capital‑intensive and subject to regulatory scrutiny. Delays or cost overruns could affect returns and investor confidence. ^[32]
Balance‑sheet and capital‑markets risk: NextEra relies on steady access to debt and equity markets to fund its aggressive capex program. Past moves at affiliates like XPLR demonstrate what happens when funding windows narrow. ^[33]
Legal and governance overhang: The Halper Sadeh investigation may come to nothing, but it adds another potential source of uncertainty. ^[34]

10. Bottom Line: What the Latest Data Suggest About NEE Stock

As of December 7, 2025, the picture for NEE stock looks like this:

Fundamentals: Solid—double‑digit adjusted EPS growth, a nearly 30‑GW clean‑energy backlog, and multi‑year rate visibility in Florida. ^[35]
Income profile: Attractive for growth‑oriented dividend investors—31 years of increases, ~2.7% yield, and a stated goal of ~10% annual dividend growth through at least 2026. ^[36]
Valuation: Premium—P/E and forward P/E well above the utilities average, with independent models split between “overvalued on dividends” and “reasonable on earnings growth.” ^[37]
Sentiment and forecasts: Wall Street analysts lean bullish with high‑$80s to mid‑$90s price targets, while algorithmic models foresee mostly sideways to slightly negative returns over the next year. ^[38]

For investors, the choice boils down to what story you believe:

If you think the AI energy boom, nuclear restarts and Florida growth will translate into sustained high‑single‑digit EPS and dividend growth, NEE’s premium may be justified.
If you’re more focused on current yield, interest‑rate risk and valuation discipline, the stock may look fully priced after its 2025 rally.

Either way, NEE remains a bellwether for the future of the U.S. power grid—and one of the most important names to watch as utilities, tech giants and regulators try to solve the energy demands of the AI era.