NextEra Energy stock: Morgan Stanley sets USD 110 target for stock

Published on 10/23/2026 at 16:26 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Adjusted earnings per share rose 9.7 percent in Q3 2026. NextEra Energy stock costs EUR 72.78 on October 23, 2026, down 0.66 percent versus Tradegate.

Analyst target and quarterly results

Morgan Stanley set a USD 110.00 target for NextEra Energy on October 14, 2026.
Adjusted earnings per share rose 9.7 percent year over year to USD 1.24 in the third quarter of 2026.
NextEra Energy stock costs EUR 72.78 at Lang & Schwarz on October 23, 2026 at 4:10 p.m. CEST, 0.66 percent below the Tradegate close of October 22, 2026.
The company retained its 2026 adjusted earnings per share outlook of USD 3.92 to USD 4.02.

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NextEra Energy (ISIN US65339F1012) has a USD 110.00 price target from Morgan Stanley, whose October 14, 2026 view implies 35.14 percent upside to the USD 81.39 primary-market quote. 247WallSt reported the target and Morgan Stanley rating. NextEra Energy stock stood at EUR 72.78 at Lang & Schwarz on October 23, 2026 at 4:10 p.m. CEST, 0.66 percent below the Tradegate close of October 22, 2026 at EUR 73.26.

Quarterly earnings rose 9.7 percent

NextEra Energy reported adjusted earnings per share of USD 1.24 for the third quarter of 2026, up 9.7 percent from USD 1.13 in the prior-year quarter. Adjusted earnings increased to USD 2.592 billion from USD 2.348 billion, while GAAP net income attributable to the company reached USD 4.775 billion, compared with USD 2.438 billion a year earlier, according to the company's October 21, 2026 release. NextEra Energy said revenue was USD 8.090 billion for the quarter.

Stock sits below its yearly range

The primary-market quote was USD 81.39 on October 23, 2026 at 10:25 a.m. ET, with a 52-week range of USD 74.41 to USD 98.75. The USD 169.8 billion market capitalization and a trailing P/E ratio of 14.64 place NextEra Energy below its 52-week high by 17.58 percent, while the quote remains 9.38 percent above the low.

Guidance and merger dates matter

Management retained its 2026 adjusted earnings per share range of USD 3.92 to USD 4.02 and said it was targeting the high end. The October 21, 2026 release also stated that the proposed Dominion Energy combination is expected to close in the second half of 2027, subject to regulatory review. NextEra Energy said final orders in Virginia and South Carolina are expected in January 2027, with hearings in November and December 2026.

Comparison with peers

NextEra Energy: down 0.62 percent, P/E 14.64, market capitalization USD 169.8 billion.

Duke Energy Corporation: down 0.70 percent, P/E 18.69, market capitalization USD 97.1 billion.

The Southern Company: down 0.79 percent, P/E 22.50, market capitalization USD 107.1 billion.

What the target means for valuation

Morgan Stanley's target is materially above the latest USD 81.39 primary-market quote, while the current P/E is below both listed peers. The combination of 9.7 percent adjusted earnings per share growth in the third quarter and unchanged full-year guidance gives the valuation discussion a clear earnings reference.

Price remains the daily frame

NextEra Energy stock was trading at EUR 72.78 at Lang & Schwarz on October 23, 2026 at 4:10 p.m. CEST, 0.66 percent below the Tradegate close of October 22, 2026 at EUR 73.26. On the NYSE, the stock was last at USD 81.39 on October 23, 2026 at 10:25 a.m. ET. The further course of trading is shown by the continuously updated real-time quote of NextEra Energy stock.