NextEra Energy Inc

NEE: XNYS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	$45.00	Jtvvv	Nqmwwdmhxy

NextEra Energy: Investor Day Supports Our Long-Term View While Disappointing Market

Andrew Bischof

Jun 11, 2024

We are maintaining our $71 per share NextEra Energy fair value estimate after the company updated its financial expectations at its June 11 investor day. Our narrow moat remains unchanged. NextEra Energy now trades near our fair value estimate after rising over 45% since its October 2023 low when it traded at a 40% discount to our fair value. The stock was down 6% following the investor day presentation.

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