Morgan Stanley Keeps an Overweight Rating on NextEra Energy, Inc. (NEE)

NodeGuardian · 2026-02-26T06:05:37+00:00

Morgan Stanley has upgraded NextEra Energy's price target to $106 and maintained an "Overweight" rating, citing strong Q4 earnings and long-term growth plans. The company is also looking to expand its nuclear fleet to support data centers.

NodeGuardian

2026-02-26 06:05:37

Abstract generation in progress

Morgan Stanley reiterated an “Overweight” rating and increased its price target for NextEra Energy, Inc. (NEE) to $106 from $104, noting that utilities underperformed the S&P 500 in January. The company exceeded Q4 earnings expectations with 54 cents EPS and reaffirmed its 2026 outlook and long-term growth projections. NextEra is actively exploring expanding its nuclear fleet, including reopening its Duane Arnold facility to support Google’s data centers.

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