Scotiabank cuts target for NextEra Energy stock to USD 99.00
Published on 10/05/2026 at 13:46 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
NextEra Energy (ISIN US65339F1012) was trading at EUR 69.00 at Lang & Schwarz on October 5, 2026 at 1:38 p.m. CEST, up 1.25 percent versus the prior close of EUR 68.15. The latest analyst action came from Scotiabank, which cut its price target from USD 110.00 to USD 99.00 while retaining an Outperform rating in a report dated September 30, 2026, according to MarketBeat.
Scotiabank lowers its target
The USD 99.00 target is lower than Scotiabank's earlier USD 110.00 view, but it remains above the latest NYSE context price of USD 76.83 on October 2, 2026. MarketBeat reported a 52-week range of USD 74.41 to USD 98.75 and market capitalization of USD 160.3 billion for the same quote context.
That target revision gives the stock a mixed signal: the rating stayed positive, while the valuation reference moved lower. The distinction matters because NextEra Energy stock was still trading below the reported 52-week high in the latest U.S. market context.
Second-quarter earnings support guidance
NextEra Energy reported second-quarter 2026 revenue of USD 7.53 billion and diluted earnings per share of USD 1.50 in the standardized financial data. The company maintained adjusted earnings per share guidance of USD 3.92-4.02 for fiscal 2026, according to the company's filing summary at Stock Titan.
The linked filing summary also reported second-quarter adjusted earnings of USD 1.15 per share, up from USD 1.05 a year earlier, equal to 9.50 percent growth. Revenue of USD 7.53 billion was below the USD 8.11 billion consensus cited by MarketBeat, creating a clear split between earnings delivery and top-line expectations.
Energy infrastructure remains central
NextEra Energy combines Florida Power & Light with NextEra Energy Resources, which develops electricity generation and storage projects. Its investor-relations page identifies the company as listed on the NYSE under ticker NEE and says FPL provides electricity to approximately 12 million people across Florida, according to NextEra Energy.
Stock gains against prior close
At Lang & Schwarz, NextEra Energy stock was trading at EUR 69.00 on October 5, 2026 at 1:38 p.m. CEST, plus 1.25 percent versus the prior close of EUR 68.15 on October 2, 2026. The further course of trading is shown by the continuously updated real-time quote of NextEra Energy stock.
NextEra Energy market data
- Company: NextEra Energy, Inc.
- ISIN: US65339F1012
- Ticker: NEE
- Primary exchange: NYSE
- Price Lang & Schwarz (as of October 5, 2026, 1:38 p.m. CEST): EUR 69.00
- Change versus prior close: plus 1.25 percent
- Prior close Lang & Schwarz (October 2, 2026): EUR 68.15
- Market capitalization: USD 160.3 billion (as of October 2, 2026)
- 52-week range: USD 74.41-98.75 (as of October 2, 2026)
- Sector / Industry: Utilities / Regulated Electric
