With a market capitalization of $181.4 billion, NextEra Energy, Inc. (NEE) is a leading North American energy company that generates, stores, transmits and sells electricity to retail and wholesale customers through its Florida Power & Light (FPL) and NextEra Energy Resources (NEER) segments. It serves about 12 million people in Florida and operates nearly 36,000 megawatts of net generating capacity.
Companies valued at $10 billion or more are generally classified as “large cap” stocks, and NextEra Energy fits this bill perfectly. The company has a diverse energy portfolio that includes wind, solar, nuclear, natural gas and battery storage assets, along with extensive transmission, distribution and natural gas infrastructure in the United States and Canada.
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Shares of the Juno Beach, Florida-based company have fallen 11.9% from their 52-week high of $98.75. The stock has fallen 7.2% over the past three months, lagging the Dow Jones Industrials Average ($DOWI)’s 4.2% gain over the same time period.
Longer term, the company’s shares have risen 29.5% over the past 52 weeks, outperforming the Dow Jones’s 21.2% return over the same time period. Additionally, NEE stock is up 8.4% on a year-over-year basis, compared to DOWI’s 6.2% gain.
The stock has been trading above its 200-day moving average since last year.
NextEra Energy shares rose 6.9% on April 23 after the company reported strong first-quarter 2026 results, with adjusted EPS rising 10% year over year to $1.09, while net income rose to $2.182 billion ($1.04 per share). Investors were also encouraged by strong operational growth, including 4 GW of new renewables and storage projects added to the order book, bringing the total backlog to approximately 33 GW, and FPL’s regulatory capital employed increased 8.8% year over year along with nearly 100,000 new customer additions.
To further boost sentiment, management reaffirmed its long-term outlook, targeting the high end of its 2026 adjusted EPS range of $3.92 – $4.02, projecting annual earnings growth of more than 8% through 2032 and 2035, while highlighting significant growth opportunities such as planned 9.5 GW gas-fired generation projects in Texas and Pennsylvania.