NextEra Reaffirms 2026 EPS Outlook, Targets High End of $3.92-$4.02 Range
NEE sits 19% above its 52-week low of $69.365.
Summary
NextEra Energy reaffirmed its 2026 adjusted EPS guidance of $3.92-$4.02 and said it is targeting the high end of that range. The company also reiterated its long-term growth targets: at least 8% EPS CAGR through 2032, with the same rate targeted through 2035, and dividend growth of about 10% annually through 2026 and 6% from 2026-2028. Management stated the proposed Dominion Energy merger is expected to be immediately accretive to adjusted EPS following the expected closing in H2 2027, with the combined company targeting at least 9% EPS growth through 2032 and the same through 2035. This follows the recent announcement of an expanded Virginia benefits package aimed at winning merger approval. The reaffirmation and high-end targeting signal confidence in the core business and the merger's financial benefits, though the stock closed down 0.16% on Friday.
At the time of this announcement, NEE was trading at $82.60 on NYSE in the Energy & Transportation sector, with a market capitalization of approximately $171.7B. The 52-week trading range was $69.37 to $98.75. This news item was assessed with neutral market sentiment and an importance score of 9 out of 10. Source: dpa-AFX.