BUZZ-Jefferies raises PT on NextEra Energy to $88

Reuters2025-12-31
BUZZ-Jefferies raises PT on NextEra Energy to $88

** Jefferies raises PT on NextEra Energy NEE.N to $88 from $85, a 9.2% upside to stock's last close

** Brokerage cites stronger long‑term profit contributions from new gas plants NEE plans to build in the 2030s

** Jefferies says co highlighted growth from quick‑to‑build projects that will help serve data centers faster, with most gains coming after 2028 as NEE leans more on storage and gas

** Renewables will drive over half of NEE’s growth through 2032, even with a softer wind and solar outlook, while storage quadruples to about $4.5 billion in EBITDA - Jefferies

** 18 of 26 brokerages rate the stock "buy" or higher, 7 "hold" and 1 "sell"; median PT is $93.5 - data compiled by LSEG

** As of last close, NEE up 12.3% YTD

(Reporting by Pragyan Kalita in Bengaluru)

((Pragyan.Kalita@thomsonreuters.com))

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