NextEra Energy Inc. (NEXT34) fair value: what the stock is really worth
As of Oct 2, 2026: fair value of NextEra Energy Inc. BRL 67.38, price BRL 100, upside -32.8%, quality 46 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
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Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Sep 29, 2026.
How to read this chart
60‑month range R$59.50 – R$125.35 · fair‑value band R$59.98 – R$107.14 · the R$100.31 price screens above the R$67.38 fair value. Dashed = 300-day average. As of Sep 29, 2026.
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NextEra Energy, Inc., through its subsidiaries, generates, stores, transmits, distributes, and sells electric power to retail and wholesale customers in North America. It operates through Florida Power & Light Company (FPL) and NEER segments. The company generates electricity from wind, solar, nuclear, natural gas, and other clean energy assets.
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NextEra Energy, Inc., through its subsidiaries, generates, stores, transmits, distributes, and sells electric power to retail and wholesale customers in North America. It operates through Florida Power & Light Company (FPL) and NEER segments. The company generates electricity from wind, solar, nuclear, natural gas, and other clean energy assets. It also invests in generation, storage, transmission, and distribution facilities; owns, develops, constructs, manages, and operates generation facilities, including renewables, nuclear and natural gas, and battery storage facilities in the wholesale energy market in the United States and Canada, as well as electric and gas transmission assets, and natural gas pipelines; provides full energy and capacity requirement services; markets and trades in energy-related commodities; and participates in the production of natural gas, natural gas liquids, and oil. As of December 31, 2025, the company had approximately 35,963 megawatts of net generating capacity; approximately 93,000 circuit miles of transmission and distribution lines; and 932 substations. It serves approximately 12 million people through approximately 6 million customer accounts on the east and lower west coasts of Florida. The company was formerly known as FPL Group, Inc. and changed its name to NextEra Energy, Inc. in 2010. NextEra Energy, Inc. was founded in 1925 and is headquartered in Juno Beach, Florida.
Stock analysis
NextEra Energy Inc. (NEXT34) currently trades at R$100.31, while our model-based Fair Value estimate is R$67.38, 32.8% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the Growth Earnings group reads highest at a median of R$64.67 per share, and 1 of the 23 models we run sit above the R$100.31 price.
Bear case: the Asset-Based group reads lowest at R$22.90, and 22 of the 23 models stay below the price. Evidence for this calculation is medium.
Scenario range: R$59.98 (bear) to R$107.14 (bull), the price of R$100.31 sits inside it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 46/100 (below-average quality), in the Utilities sector.
Expensive Growth: The company is growing, but growth may require heavy reinvestment or weak cash conversion.
NextEra Energy Inc. reported revenue of $27.4B in FY2025 versus $17.1B in FY2021, a compound +12.6%/yr. Reported net income was $6.8B in FY2025, compounding +17.6%/yr from FY2021.
Key figures
Market cap R$941B (≈ $180B) · P/E ratio 19.6 · P/S ratio 4.89 · EPS (TTM) R$5.11 · Dividend yield 2.3% · Net margin 24.9% · Return on equity 10.3% · Return on assets (EBIT) 3.6%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 47 out of 100 (low confidence).
What moves the price
The share trades about 20% below its 52-week high and 2% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Utilities peers we cover trades at −31% fair-value upside, at −33%, NEXT34 screens richer than that median.
Fair Value models
Bear R$59.98Fair Value R$67.38Bull R$107.14
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above is their evidence-weighted blend, not the output of a single model. Based on fiscal year 2025 figures (about 9 months old). Earnings retained since then (R$2.11 per share) are deliberately not added.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Evidence ⓘEvidence = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.62/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Revenue growth 1 year
+10.7%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+9.4%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+8.8%
Start year 2020 (pandemic)
Revenue growth 7 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+7.3%
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What shareholders gained per year (last 5 years) ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate.
+14.8%
Earnings growth per share plus dividend.
Earnings per share, growth per year+12.5%
Dividend (yield on the price)2.3%
Profit margin 2020 to 2025 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.28% → 30%
Growth Forecast
A lot of optimism in the price
The price assumes more growth than the company has delivered so far and more than analysts expect.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
+27.5%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect ⓘAnalysts publish sales forecasts for the next two fiscal years. For the years after that, growth slows evenly to 2 % a year by year ten (2 % is the long-run rate our models use). Projected years are marked as such.
+9.5%
Yearly sales growth analysts expect, extended to five years.
After inflation (figures in USD, USA: IMF forecast 2.4% a year to 2030, 3.1% from 2016 to 2025) that is about +24.5% a year for the price and +6.9% for the forecasts.
News mood ⓘNews mood, the average tone of recent news (97 articles), rated against how stocks are usually covered. 🚀 Hype = unusually upbeat · 🙂 Positive = above average · 😐 Neutral = typical · 🙁 Negative = below average · 😨 Very negative = unusually downbeat. It reflects the tone of coverage, not our valuation.Positive
Recent news coverage is more positive than average.
Price, fair value, quality and upside side by side.
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Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Utilities - Regulated Electric · 155 stocks
Beats the industry median on 5/11 measures
A mixed picture versus its industry peers.
Valuation
Quality Score46 · Below median
Fair Value upside−60.7% · Bottom 25%
Profitability
Return on equity (TTM)10.3% · Above median
Return on assets2.4% · Below median
Net margin (TTM)29.4% · Top 25%
Operating margin (TTM)30.2% · Top 25%
Growth and dividend
Revenue growth7.3% · Above median
Dividend yield (TTM)2.3% · Below median
Balance sheet
Debt / equity1.64× · Highest 25%
Valuation Multiplesvs Utilities - Regulated Electric median · lower = cheaper
P/E (TTM)19.6× · Pricier than median
PEG1.92× · Cheaper than median
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 12
FUTURE (revenue growth)37· sector 21
PAST (return on equity)41· sector 39
HEALTH (low debt)18· sector 52
DIVIDEND (yield)46· sector 65
VALUE 0: the price sits above our fair-value range.
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Cite: Fair Value Calculator (2026). "NextEra Energy Inc. Fair Value". https://www.fairvalue-calculator.com/stock/NEXT34
Frequently asked questions
Is NextEra Energy Inc. (NEXT34) overvalued or undervalued?
As of Sep 29, 2026, our model estimates a fair value of R$67.38 versus a price of R$100.31, about −33% upside (overvalued).
What is the fair value of NEXT34?
Our model-based fair value for NextEra Energy Inc. is R$67.38 (as of Sep 29, 2026), built from audited fundamentals. The current price: R$100.31.
What is the quality score of NEXT34?
NextEra Energy Inc. has a Quality Score of 46/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for NextEra Energy Inc. (NEXT34)?
Our model-based price target is the fair value of R$67.38 (as of Sep 29, 2026) from 26 valuation models. Cautious scenario R$59.98, optimistic scenario R$107.14. It is a calculation from audited fundamentals, not an analyst target.
What is the NextEra Energy Inc. stock forecast for 2026?
Our models put fair value at R$67.38, about −33% upside versus a price of R$100.31 (overvalued). Cautious scenario R$59.98, optimistic scenario R$107.14. The calculation is refreshed regularly with new filings.
What is the revenue of NextEra Energy Inc. (NEXT34)?
NextEra Energy Inc. reported trailing-twelve-month revenue of about $27.9B (latest available figure, as of Sep 29, 2026).
Does NextEra Energy Inc. pay a dividend?
NextEra Energy Inc. currently shows a dividend yield of about 2.32% relative to its recent price (as of Sep 29, 2026).
What growth is priced into NextEra Energy Inc. (NEXT34)?
For today's price to be fair in a discounted-cash-flow model, NextEra Energy Inc. would have to grow free cash flow by +27.5 % per year for five years (discount rate 11.2 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +8.8 % per year. As of Sep 29, 2026.
What discount rate (WACC) does the fair value of NEXT34 use?
Our models discount NextEra Energy Inc. at 11.2 %: a base by market capitalisation (large), damped by beta 0.67, country premium for Brazil. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For NextEra Energy Inc. that is +27.5 % per year a year over ten years, using the same discount rate (11.2 %) and the same formula as our fair value.
How much growth has NextEra Energy Inc. (NEXT34) delivered so far?
Over the past 5 years revenue at NextEra Energy Inc. grew +8.8 % a year. The price currently implies +27.5 % per year free-cash-flow growth a year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of NextEra Energy Inc. (NEXT34) growing?
The median revenue growth in the sector is +3.2 % a year. That is the yardstick for the growth priced into NextEra Energy Inc. (+27.5 % per year a year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of NextEra Energy Inc. (NEXT34)?
The free-cash-flow yield on the price is 8.03 %: that much free cash flow NextEra Energy Inc. produces per unit of market value. When it exceeds the discount rate of our models (11.2 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of NextEra Energy Inc. (NEXT34)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For NextEra Energy Inc. it is R$67.38 per share (as of Sep 29, 2026), against a price of R$100.31. It is the blended result of 26 valuation models (cash flow, earnings, asset, dividend).
Is NextEra Energy Inc. stock overvalued or undervalued in 2026?
As of Sep 29, 2026, NEXT34 trades above its calculated fair value: price R$100.31, fair value R$67.38, a gap of about −33% (overvalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of NEXT34?
No. The price is what the market pays today (R$100.31); the fair value is what the company's own numbers justify (R$67.38). For NextEra Energy Inc. the two are R$32.93 per share apart. That gap is exactly why we show both numbers side by side.
How much is NextEra Energy Inc. worth?
The market values NextEra Energy Inc. at about R$941B (market capitalisation, as of Sep 29, 2026). Per share that is R$100.31; our models calculate a fair value of R$67.38 per share.
What do the bullish and bearish scenarios say about NEXT34?
Our models span a range for NextEra Energy Inc.: cautious scenario R$59.98, base R$67.38, optimistic R$107.14 per share (as of Sep 29, 2026, price R$100.31). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of NEXT34?
NextEra Energy Inc. trades at a price-to-earnings ratio of 19.6 (as of Sep 29, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of R$67.38 is built from several models across several years. Other multiples: PEG 1.9.
What is the PEG ratio of NEXT34?
The PEG ratio of NextEra Energy Inc. is 1.92 (P/E divided by earnings growth, as of Sep 29, 2026). That is above 1, so the growth is already paid for in the price.
How solid is the balance sheet of NextEra Energy Inc. (NEXT34)?
Balance-sheet figures for NextEra Energy Inc. (as of Sep 29, 2026): return on equity 10.3%, debt of 1.64 per unit of equity. They feed the Quality Score of 46/100, which measures business quality independently of the share price.
How far is NEXT34 from its 52-week high?
NextEra Energy Inc. trades at R$100.31, about 20% below its 52-week high of R$125.35 and 2% above the low of R$98.11 (as of Oct 2, 2026). Distance from the high says nothing about value: that is what the fair value of R$67.38 is for.
Which stocks are comparable to NextEra Energy Inc.?
From the same area (Utilities) we also value The Southern Company, Duke Energy Corporation, American Electric Power Company, Dominion Energy, Inc, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is NextEra Energy Inc. stock attractive at the current price?
The data as of Sep 29, 2026: price R$100.31, calculated fair value R$67.38 (−33%), Quality Score 46/100, from 26 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of NEXT34 calculated?
We run NextEra Energy Inc. through 26 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of R$67.38, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 14.5 % above its aggregate fair value. NextEra Energy Inc. itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of NextEra Energy Inc. (NEXT34)?
The closing price on Oct 2, 2026 was R$100.31. Our model-based fair value is R$67.38, about −33% upside (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with NextEra Energy Inc. right now?
Solid but not exceptional quality (46/100) and above fair value, neither a clear bargain nor a standout compounder. The price sits in the upper half of our model range, so the margin of safety is thin. Read the verdict with care: some models are missing inputs, so the estimate scatters more than usual.
Key figures of NextEra Energy Inc.
How large is the market capitalisation of NextEra Energy Inc. (NEXT34)?
The market capitalisation of NextEra Energy Inc. is R$941B (≈ $180B). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of NextEra Energy Inc. (NEXT34)?
The price-to-sales ratio of NextEra Energy Inc. is 4.89 (P/E × margin). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of NextEra Energy Inc. (NEXT34)?
Earnings per share at NextEra Energy Inc. are R$5.11 (price ÷ EPS = P/E 19.6). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of NextEra Energy Inc. (NEXT34)?
The dividend yield of NextEra Energy Inc. is 2.3% (payout 45.5%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of NextEra Energy Inc. (NEXT34)?
The net margin of NextEra Energy Inc. is 24.9% (fiscal year 2025). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of NextEra Energy Inc. (NEXT34)?
The return on equity (ROE) of NextEra Energy Inc. is 10.3% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of NextEra Energy Inc. (NEXT34)?
On an EBIT basis the return on assets of NextEra Energy Inc. is 3.6% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of NextEra Energy Inc. (NEXT34)?
The operating margin of NextEra Energy Inc. is 30.2% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at NextEra Energy Inc. (NEXT34)?
Revenue at NextEra Energy Inc. is growing +7.3% versus a year earlier (3y avg +9.4%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at NextEra Energy Inc. (NEXT34)?
Earnings per share at NextEra Energy Inc. are growing +160% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does NextEra Energy Inc. (NEXT34) carry?
The net debt of NextEra Energy Inc. is $92.8B (fiscal year 2025, ≈ 28.9 yrs of FCF). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
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