--- canonical_url: https://www.stockexpertai.com/earnings/nee last_updated: 2026-05-03T21:04:12.223Z --- # NextEra Energy, Inc. (NEE) Q4 FY2026 Earnings Preview > This content was automatically generated with FMP live data + Q1 FY2026 earnings call transcript. Generated: 2026-05-03T21:04:11.093Z. Educational tool, not investment advice. --- ## Quick Summary | Field | Value | Source | |---|---|---| | Price | $96.95 (▼ -0.95%) | fmp:quote | | Market Cap | $202.2B | fmp:profile | | 52w range | $63.88 – $98.75 | fmp:quote | | Earnings | Wed 22 Jul | fmp:earnings-history | | EPS estimate | $1.09 (+4% YoY) | fmp:earnings-estimate | | Revenue estimate | $8.0B | fmp:earnings-estimate | | Beat streak | 1/4 | fmp:earnings-history | | Rating | B (overall 3/5) | fmp:ratings | | Analyst median target | $97 (+0.1% upside) | fmp:price-target-consensus | | MoonshotScore | 47/100 | derived | | Council | 3/6 bullish | derived | | Munger verdict | Fairly Valued | derived | ## NextEra Energy, Inc. — Q4 FY2026 Expectations Q4 consensus: revenue $8.0B^{[FMP est]}, EPS $1.09^{[FMP est]}. 1 consecutive quarters of beat^{[FMP earnings]}. ## Quick Take **Score:** B · **Stance:** HOLD · **Council:** 3/6 · **Moonshot:** 47 = MoonshotScore 47^{[9-pillar formula]} + Council 3/6^{[6-lens rule]}. Form 4: 0 transactions^{[FMP Form 4]}. ## Watchlist (5 metrics) ### 1. NextEra Energy Transmission Growth NextEra Energy Transmission has now secured more than $5 billion in new projects since 2023. In total, NextEra Energy Transmission has regulated and secured capital of $8 billion > "NextEra Energy Transmission has now secured more than $5 billion in new projects since 2023. In total, NextEra Energy Transmission has regulated and secured capital of $8 billion" > — John Ketchum, Chairman, President and Chief Executive Officer of NextEra Energy, Investor Focus · Q1 FY2026 ### 2. FY26 EPS Guidance Our 2026 adjusted earnings per share expectations range of $3.92 to $4.02 remains unchanged, and we are targeting the high end of that range. > "Our 2026 adjusted earnings per share expectations range of $3.92 to $4.02 remains unchanged, and we are targeting the high end of that range." > — Michael Dunne, Executive Vice President and Chief Financial Officer of NextEra Energy, Expectation / Guide · Q1 FY2026 ### 3. FPL CapEx Investment FPL expects to invest between $90 billion and $100 billion through 2032, primarily to support Florida's growing economy. > "In fact, FPL expects to invest between $90 billion and $100 billion through 2032, primarily to support Florida's growing economy." > — John Ketchum, Chairman, President and Chief Executive Officer of NextEra Energy, Risk Indicator · Q1 FY2026 ### 4. FPL Large Load Interest FPL has about 21 gigawatts of large load interest, with advanced discussions on about 12 gigawatts, a portion of which they believe they could begin serving as soon as 2028. > "So far, we have about 21 gigawatts of large load interest at FPL. Of that, we are in advanced discussions on about 12 gigawatts, a portion of which we believe we could begin serving as soon as 2028." > — John Ketchum, Chairman, President and Chief Executive Officer of NextEra Energy, Investor Focus · Q1 FY2026 ### 5. Energy Resources Backlog Energy Resources had a record quarter, adding to backlog 4 gigawatts of new long-term contracted renewables and storage projects. With these additions, our backlog now totals approximately 33 gigawatts > "Energy Resources had a record quarter of new renewables and storage origination with 4 gigawatts added to the backlog. With these additions, our backlog now totals approximately 33 gigawatts" > — Michael Dunne, Executive Vice President and Chief Financial Officer of NextEra Energy, Investor Focus · Q1 FY2026 ## MoonshotScore Pillars | Pillar | Score | Level | Evidence | |---|---|---|---| | Revenue Growth | 2.0 | weak | Q1 vs Q2: moderate growth (+3.9%) | | Gross Margin | 8.0 | strong | Q1: very high margin (80.9%, software/cloud territory) | | Operating Leverage | 3.0 | weak | op margin very strong (31.7%, scale leverage) | | Cash Runway | 3.0 | weak | FCF negative ($-0.6B, external financing needed) | | R&D Intensity | 3.0 | weak | low R&D investment (0.0%, weak innovation) | | Price Momentum | 7.0 | strong | RSI 59.9 positive momentum, 50d above | | News Sentiment | 7.0 | strong | majority buy (67%) | **Formula:** sum(pillar.score) / (count * 10) * 100. Each pillar deterministic from FMP. Source maps in pillar.formula. ## Council (7-Lens) | Name | Stance | Context | |---|---|---| | Ray Dalio | bull | macro · target upside +0.1% | | Ken Griffin | bull | flow · 50d MA above | | Jim Simons | neutral | quant · RSI 60 | | Klarman | neutral | value · target upside +0.1% | | Buffett | bull | quality · ROE score 5/5 | | Munger | neutral | valuation · target upside +0.1% | **Formula:** Each lens uses deterministic rule on bundle data. Logged in member.contextTr. ## Munger Lens - **Verdict:** Fairly Valued - **Financial Health:** Moderate - **Margin of Safety:** Weak - **Interest Coverage:** Adequate - **ROIC vs WACC:** Healthy **Formula:** verdict=upside>25?Undervalued:>0?Fairly Valued:Overvalued. Each lens deterministic from FMP ratings + priceTarget. ## Technical Levels - **RSI(14):** 59.9 — yükselişte nötr — overbought sınırının altında, momentum pozitif - **50d MA:** $93 — hisse %4.5 üstünde — kısa vadeli destek - **200d MA:** $83 — hisse %16.5 üstünde — uzun vadeli destek - **Volume (10d):** -30% ## Past Performance (4 Quarters) | Quarter | EPS Actual | EPS Estimate | Result | Reaction | |---|---|---|---|---| | Q2 FY25 | $1.05 | $1.01 | BEAT | -1.2% | | Q3 FY25 | $1.13 | $0.97 | BEAT | -2.2% | | Q4 FY25 | $0.53 | $0.56 | MISS | +0.5% | | Q1 FY26 | $1.09 | $1.03 | +5.8% EPS | -1.0% | Q1 (April 23, 2026): EPS $1.09 vs $1.03 est^[FMP], +5.8% beat. D+1 movement: -1.0%^{[FMP D+1]}. Decline despite beat — market reacted to guidance, not numbers. ## 3 Scenarios ### Scenario A · Beat **Q4 EPS > $1.09 + CapEx discipline** Threshold: EPS > $1.09^{[FMP est]}. Target: Break above median target $97^{[FMP target]}; high target $112^[FMP] upper bound. ### Scenario B · In-Line **EPS ≈ $1.09 + CapEx < $3.2B** Threshold: EPS ≈ $1.09^{[FMP est]}, Q4 CapEx < $3.2B^[FMP]. Target: Consolidation in the band between current $97^[FMP]^[FMP] and median $97. ### Scenario C · Miss **EPS < $1.06 or CapEx ≥ $3.2B** Threshold: EPS < $1.06^{[FMP est×0.97]}. Target: Current $97 below SMA200 $83^[FMP], if rejection continues, $71^[derived] support activates. ## Risk Notes ### Primary segment below threshold Q1: EPS $1.09 vs $1.03 beat^[FMP], stock -1.0% D+1^[FMP]. ### Backlog concentration No RPO/backlog concentration disclosed in Q1 earnings call. ### Insider trading Form 4 data is marked in the table — this page does not generate assumptions for this stock. | Executive | Action | Amount | Date | |---|---|---|---| **Net:** — (0 transactions · 0 sells · 0 buys) · Q1 FY26 ### CapEx shock Q1 CapEx $3.2B^{[FMP cashflow]}. Q1 op margin 31.7%^{[FMP op margin]} — this level in Q4 is sensitive to CapEx revision risk. ## Wall Street Consensus - **Median target:** $97 (+0.1% upside vs current $97) - **High / Low:** $112 / $87 - **Buy / Hold / Sell:** 16 / 7 / 1 - **Analyst count:** 7 (last quarter), 63 all-time ## Additional Transcript Insights ### 1. FPL_CapEx_Investment **Claim:** FPL expects to invest between $90 billion and $100 billion through 2032, primarily to support Florida's growing economy. **Evidence (transcript):** "In fact, FPL expects to invest between $90 billion and $100 billion through 2032, primarily to support Florida's growing economy." **Numbers:** $90 billion, $100 billion, 2032 ### 2. FPL_Large_Load_Interest **Claim:** FPL has about 21 gigawatts of large load interest, with advanced discussions on about 12 gigawatts, a portion of which they believe they could begin serving as soon as 2028. **Evidence (transcript):** "So far, we have about 21 gigawatts of large load interest at FPL. Of that, we are in advanced discussions on about 12 gigawatts, a portion of which we believe we could begin serving as soon as 2028." **Numbers:** 21, 12, 2028 ### 3. NextEra_Energy_Transmission_Growth **Claim:** NextEra Energy Transmission has now secured more than $5 billion in new projects since 2023. In total, NextEra Energy Transmission has regulated and secured capital of $8 billion **Evidence (transcript):** "NextEra Energy Transmission has now secured more than $5 billion in new projects since 2023. In total, NextEra Energy Transmission has regulated and secured capital of $8 billion" **Numbers:** $5 billion, 2023, $8 billion ### 4. Energy_Resources_Backlog **Claim:** Energy Resources had a record quarter, adding to backlog 4 gigawatts of new long-term contracted renewables and storage projects. With these additions, our backlog now totals approximately 33 gigawatts **Evidence (transcript):** "Energy Resources had a record quarter of new renewables and storage origination with 4 gigawatts added to the backlog. With these additions, our backlog now totals approximately 33 gigawatts" **Numbers:** 4, 33 ### 5. Rewire_AI_Initiative **Claim:** NextEra Energy launched Rewire, a company-wide AI transformation paired with Google Cloud, that we expect to unlock top line growth and cost savings opportunities for our customers. **Evidence (transcript):** "Rewire is a company-wide initiative to reimagine how we work and how we do business paired with an enterprise-wide AI transformation that we expect to unlock top line growth and cost savings opportunities for our customers." **Numbers:** — ### 6. FY26_EPS_Guidance **Claim:** Our 2026 adjusted earnings per share expectations range of $3.92 to $4.02 remains unchanged, and we are targeting the high end of that range. **Evidence (transcript):** "Our 2026 adjusted earnings per share expectations range of $3.92 to $4.02 remains unchanged, and we are targeting the high end of that range." **Numbers:** 2026, $3.92, $4.02 --- *Data source: FMP (live query, 2026-05-03), Q1 FY2026 earnings call transcript (Translated to EN with Gemini 2.0 Flash). Educational tool, not investment advice.*