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NEE

Why Is NextEra Energy (NEE) Rising Today?

NextEra Energy stock is trading -13.69% below its average target price of $85.24 after marking a 6.3% during today's afternoon session. Analysts are giving the Large-Cap Data Processing Services company an average rating of buy and target prices ranging from $58.0 to $102.8 per share.

NextEra Energy's short interest — meaning the percentage of the share float that is being shorted — is lower than average at 1.7%. The stock's short ratio is 3.84. At 0.08%, the company's rate of insider ownership does not indicate that management is heavily invested in the corporation.

Another number to watch is the company's rate of institutional share ownership, which now stands at 82.6%. In conclusion, we believe there is mixed market sentiment regarding NextEra Energy.

Institutions Invested in NextEra Energy

Date Reported Holder Percentage Shares Value
2024-09-30 Vanguard Group Inc 10% 203,206,687 $14,949,915,900
2024-09-30 Blackrock Inc. 8% 154,259,415 $11,348,865,114
2024-09-30 State Street Corporation 5% 109,288,061 $8,040,322,614
2024-09-30 JP Morgan Chase & Company 4% 79,937,490 $5,881,001,114
2024-09-30 Morgan Stanley 3% 61,298,616 $4,509,739,160
2024-06-30 Norges Bank Investment Management 2% 48,858,767 $3,594,539,473
2024-09-30 Geode Capital Management, LLC 2% 42,418,748 $3,120,747,277
2024-09-30 Franklin Resources, Inc. 2% 38,712,350 $2,848,067,577
2024-09-30 Bank of America Corporation 2% 33,837,920 $2,489,455,764
2024-09-30 Wells Fargo & Company 2% 30,876,396 $2,271,576,444
The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.

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