NextEra Energy, Inc. (NEE): A Bull Case Theory

We came crossed a bullish thesis connected NextEra Energy, Inc. connected The Simple Side’s Substack. In this article, we volition summarize the bulls’ thesis connected NEE. NextEra Energy, Inc.'s stock was trading astatine $86.29 arsenic of November 28th. NEE’s trailing and guardant P/E were 27.39 and 21.83 respectively according to Yahoo Finance.

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NextEra Energy, Inc., done its subsidiaries, generates, transmits, distributes, and sells electrical powerfulness to retail and wholesale customers successful North America. NEE continues to separate itself arsenic the fiscal and operational benchmark for the U.S. inferior and clean-power sector, delivering 9.7% year-over-year adjusted EPS maturation to $1.13, supported by balanced contributions from Florida Power & Light and NextEra Energy Resources.

Management reaffirmed a 6–8% adjusted EPS maturation outlook done 2027, underpinned by beardown recognition metrics and a regulatory situation that remains constructive arsenic FPL expands its complaint basal at roughly 8% annually portion keeping lawsuit bills good beneath the nationalist average.

The operation of FPL’s high-visibility regulated net and NEER’s large contracted portfolio creates a diversified motor that smooths currency flows crossed cycles. NEER added 3 GW of renewables and retention successful the quarter, pushing its backlog to astir 29.6 GW, portion grounds retention origination and plans to restart the Duane Arnold atomic installation nether a 25-year PPA with Google item the company’s quality to present firm, clean, 24/7 powerfulness tailored to data-center and AI demand.

Leadership’s assurance successful gathering the apical extremity of guidance is echoed by bullish sell-side views, with valuation frameworks clustering successful the mid-$90s to low-$100s per stock based connected blended DCF, SOTP, and premium inferior multiples. The Duane Arnold restart unsocial could adhd astir $0.16 to yearly EPS erstwhile operational, reinforcing NextEra’s presumption arsenic the go-to spouse for hyperscalers.

Risks remain—backlog churn, permitting delays, elevated rates, and upwind variability—but are buffered by $37 cardinal successful hedges, beardown regulated currency flows, and a diversified improvement pipeline. With dependable execution, supportive argumentation tailwinds, and expanding clean-firm powerfulness solutions, NextEra’s semipermanent maturation and rerating imaginable stay compelling.

Previously we covered a bullish thesis connected PG&E Corporation (PCG) by Acid Investments successful February 2025, which highlighted the market’s overreaction to wildfire fears contempt PCG having nary nonstop exposure. The company's banal terms has appreciated astir by 1.5% since our coverage. The thesis inactive stands arsenic PCG’s fundamentals stay strong. The Simple Side shares a akin presumption but emphasizes NextEra’s diversified, high-visibility growth.