NextEra: Quantifying The Effects Of Renewables And 'Real Zero' Into A Margins Boost

Oct. 03, 2023 10:24 AM ETNextEra Energy, Inc. (NEE) StockNEE, XIFR3 Comments
Phi Fiscal
39 Followers

Summary

  • NextEra Energy's 'Real Zero' plan is driving growth and revenue model sustainability, poised to increase net income by 10% and expand market share by 8%.
  • With a 1Y Forward price target of $71.29 and 25% upside, NextEra Energy is a BUY for growth-oriented investors.
  • While the re-evaluation of subsidiaries has led to a fairer share price for NEE, investors should continue to pay close attention to management guidance and the current policy backdrop.

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While utilities rarely attract growth potential, plans for rapid expansion into renewable energy make NextEra (NYSE:NEE) a clear outlier, where both a limitless source of power and capital potential come together for a great investment.

Renewables have

This article was written by

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Phi Fiscal is an emerging nonprofit financial research group, dedicated to providing actionable investment advice on large-cap US and Eurozone stock. Through a combination of detailed macroeconomic and trend analysis, Phi Fiscal seeks to shed light on the important events that drive company valuation growth, and empower more informed investors in the process. Phi Fiscal is the official newsletter division of the Pineville Initiative, a 501(c)(3) nonprofit.

Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it. I have no business relationship with any company whose stock is mentioned in this article.

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