NextEra Energy, Inc. (NEE) Stock Price & How to Invest
Short answer
You can invest in NextEra Energy (NEE) by buying shares or fractional shares at any major broker, through an ETF that holds it, or as one holding in a thematic basket. NextEra pairs a steadily growing regulated Florida utility (Florida Power & Light) with the world's largest generator of wind and solar (NextEra Energy Resources), funding a rising dividend that has grown for more than 30 straight years off ~8%-plus adjusted earnings growth. The single biggest risk is interest-rate and policy sensitivity: as a capital-intensive utility that borrows heavily to build, NEE struggles when rates rise or clean-energy subsidies are pared back.
NEE stock price
As of 2026-06-26, NextEra Energy, Inc. (NEE) last closed at $88.56, up 24.9% over the past year. Over the past 52 weeks it has traded between $69.42 and $97.88.
Prices are daily closing prices from Yahoo Finance and may be delayed. For the live quote, check your broker or NextEra Energy, Inc.'s investor relations page. Walnut is informational, not investment advice.
What does NextEra Energy, Inc. (NEE) do?
NextEra Energy runs two very different businesses under one holding company. Florida Power & Light is a regulated electric utility serving roughly twelve million people across Florida; it earns an authorized return on the capital it invests in poles, wires, generation, and storage, so its profit grows as it grows its rate base, which expanded about ~8.8% year over year in early 2026. NextEra Energy Resources (NEER) is the competitive arm and the world's largest generator of electricity from wind and solar; it develops, builds, and operates clean-energy and battery-storage projects, selling power and capacity largely under long-term contracts to utilities, corporations, and data-center customers. The regulated utility provides steady, rate-regulated cash flow while the resources segment supplies higher-growth, contracted renewables and storage development.
What's driving NextEra Energy, Inc. (NEE)?
Record renewables and storage backlog
NextEra Energy Resources added a record ~4 GW to its backlog in the first quarter of 2026, including ~1.3 GW of battery storage, bringing the total backlog to roughly ~33 GW as of Q1 2026. That contracted pipeline gives visibility into years of future generation additions. Scale in development, financing, and procurement is the company's core argument that it can build clean energy more cheaply than smaller rivals.
Data-center and AI power demand
Management has said roughly 43% of projected U.S. power-demand growth through 2030 is tied to data-center buildouts, and NextEra plans to install between ~15 and ~30 GW of new generation for data centers in the United States by 2035. The U.S. Department of Commerce selected NextEra Energy Resources to build 9.5 GW of gas-fired generation for large load in Texas and Pennsylvania, and a partnership with Alphabet involves restarting the Duane Arnold nuclear plant in Iowa to supply Google's data centers.
Long dividend-growth record
NextEra has raised its dividend for more than 30 consecutive years, most recently lifting the quarterly payout about 10% versus the prior year to ~$0.6232 per share. The company has guided to roughly ~10% annual dividend growth through 2026 off a 2024 base, then about ~6% per year from year-end 2026 through 2028. That combination of yield and growth is the income case for the stock.
FPL regulated rate-base growth
Florida Power & Light grows earnings by investing in its regulated system and earning an authorized return on that capital, with regulatory capital employed up about ~8.8% year over year in early 2026. Florida's population growth and storm-hardening and solar investment support continued rate-base expansion. This regulated cash flow underpins the company's guided ~8%-plus annual adjusted earnings growth through 2032.
What are the risks to NextEra Energy, Inc. (NEE)?
NextEra is highly capital-intensive and carries substantial debt to fund construction, which makes it sensitive to interest rates: higher rates raise its borrowing costs and tend to compress the valuations investors assign to utility and renewable-growth stocks. A meaningful share of NextEra Energy Resources' economics has historically depended on federal clean-energy tax credits and supportive policy, so changes to subsidies, tariffs on imported equipment, or permitting can pressure project returns and the development pipeline. The renewables and storage backlog also exposes the company to supply-chain, interconnection, and execution timing risk, and the dividend-growth and earnings targets assume that build-out continues roughly on plan.
How is NextEra Energy, Inc. (NEE) valued? (approximate, 2026-06-27)
A simple financial snapshot. These are approximations and refresh quarterly; for current figures see NextEra Energy, Inc.'s investor relations page or your broker.
- Revenue (TTM): ~$27.9B
- Adjusted EPS guidance (FY2026): ~$3.92 to ~$4.02
- Dividend yield: ~2.7%
- Adjusted EPS growth target: ~8%-plus per year through 2032
- P/E (forward): ~23x next-twelve-month earnings
- Market capitalization: ~$184B to ~$186B
As of late June 2026, NEE traded near the high-$80s per share with a market cap around ~$184B to ~$186B. The forward P/E of roughly ~23x sits below its own five-year average closer to ~27x but at a premium to several utility peers, a gap the market ties to its ~33 GW backlog and growth profile. Figures are approximate, drawn from the Q1 2026 release and public market data, and move with the share price.
Who competes with NextEra Energy, Inc. (NEE)?
Large regulated electric utilities
Duke Energy, Southern Company, Dominion Energy, and American Electric Power are diversified regulated utilities that, like Florida Power & Light, earn returns on rate-base investment. They compete with NextEra for capital, talent, and the regulated-utility slice of an income investor's portfolio.
Independent power producers and clean-energy generators
Constellation Energy and other merchant and contracted generators compete with NextEra Energy Resources to supply power, including to data centers. Constellation's nuclear fleet and NextEra's wind, solar, storage, and gas projects both chase large-load and corporate clean-power contracts.
Renewables developers and yield vehicles
Other utility-scale renewables and storage developers, along with infrastructure and yield-oriented vehicles, compete to originate wind, solar, and battery projects. NextEra's scale in development and financing is its main differentiator against smaller developers.
How to invest in NextEra Energy, Inc. (NEE)
There are three common ways to get NEE exposure. Buy shares (or fractional shares) directly at any major broker. Hold an ETF that includes it, which spreads the position across many companies. Or build it into a focused thematic basket, so NEE sits alongside other stocks that express the same thesis.
Walnut takes the basket route. Describe a thesis where NEE fits (for example “AI infrastructure” or “dividend-growth large-caps”) and the AI proposes 5 to 6 constituents with target weights. You review the plan and fund it through your own broker when you're ready.
The bottom line on NextEra Energy, Inc. (NEE)
NextEra Energy (NEE) today is a regulated-utility-plus-renewables compounder, with Florida Power & Light's ~8.8% rate-base growth and a NextEra Energy Resources backlog near ~33 GW driving a long-guided ~8%-plus annual adjusted earnings growth path and a dividend yielding roughly ~2.7% as of June 2026. If you believe data-center and AI power demand keeps electricity load growing for years and that NextEra's scale lets it build cheaper than rivals, the question becomes sizing and overlap with utilities or dividend funds you already own, not timing; the risk is that high interest rates and any rollback of renewable subsidies pressure both its valuation and its build economics.
More on NextEra Energy, Inc. (NEE)
Whether NEE is worth buying today depends more on your time horizon and what you already hold than on any single call. We walk through valuation, what would have to go right, and the risks in is NEE a buy?, and where the stock could go from here in the NEE stock forecast.
For income investors, whether NEE pays a dividend and how the payout looks is covered in does NEE pay a dividend?
Build a basket around NEE with Walnut
Use NextEra Energy, Inc. as one constituent in a thematic basket Walnut's AI helps you assemble. Describe a thesis you believe in, the AI proposes the holdings and weights, and you approve before any broker order.
FAQ
Is NEE a good stock to buy right now?
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That depends on your goals, time horizon, and risk tolerance, and this is not advice. The bull case is durable demand from data centers and electrification, a ~33 GW backlog, and a 30-plus-year dividend-growth record. The bear case is heavy debt and interest-rate sensitivity plus dependence on clean-energy policy and subsidies. Weigh both against what you already own.
What does NextEra Energy do?
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NextEra Energy operates two main businesses. Florida Power & Light is a regulated electric utility serving roughly twelve million people in Florida and earns a return on the capital it invests in its grid. NextEra Energy Resources is the world's largest generator of wind and solar power and also develops battery storage and other generation, selling power largely under long-term contracts.
What is the NEE dividend yield?
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As of June 2026, NextEra's dividend yields roughly ~2.7%, based on a recent quarterly payout of about ~$0.6232 per share (an annualized rate near ~$2.49). Yield moves inversely with the share price, so it shifts daily. NextEra has guided to roughly ~10% annual dividend growth through 2026, then about ~6% per year through 2028.
Is NEE a good dividend stock?
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NextEra has raised its dividend for more than 30 consecutive years and guided to continued double-digit then high-single-digit growth, which appeals to income investors seeking a growing payout. The yield of about ~2.7% is moderate rather than high. Whether it fits you depends on your need for current income versus dividend growth, and on your tolerance for rate-sensitive utility stocks. This is not advice.
How is NextEra exposed to data-center and AI power demand?
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Management has said roughly 43% of projected U.S. power-demand growth through 2030 is linked to data centers, and NextEra plans to add between ~15 and ~30 GW of generation for data centers by 2035. It was selected to build 9.5 GW of gas-fired capacity for large load in Texas and Pennsylvania and partnered with Alphabet to restart a nuclear plant for Google's data centers.
How can I invest in NEE through an ETF?
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NextEra is a large holding in broad utility-sector ETFs and clean-energy or infrastructure funds, as well as broad market index funds where it appears at a smaller weight. Buying an ETF gives you NEE alongside other companies, which spreads single-stock risk but dilutes NextEra's specific exposure. Check any fund's holdings and weightings before investing.
Why does NextEra fall when interest rates rise?
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NextEra borrows heavily to build long-lived utility and renewable assets, so higher rates raise its financing costs and squeeze project returns. Higher rates also make bond yields more competitive with its dividend and tend to lower the valuations investors assign to capital-intensive, rate-sensitive utilities. That makes NEE more interest-rate-sensitive than many faster-growing or cash-rich companies.
What are the main risks to the NextEra thesis?
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The largest risks are interest-rate sensitivity given heavy debt, dependence on federal clean-energy tax credits and supportive policy, and the capital intensity of its build-out. Tariffs on imported equipment, permitting and interconnection delays, and execution timing on the ~33 GW backlog can all pressure returns. Its earnings and dividend targets assume construction continues roughly on plan.
Walnut is informational, not investment advice. Financial figures on this page are approximations; always verify current numbers with NextEra Energy, Inc.'s investor relations page or your broker before making investment decisions.