What changed
$NEE — BUY 📊 | 6 MONTHS THESIS
🎯 Q1 2026 | Rev $6.7B | EPS $1.09 vs $1.03 🟢 | Margin 33.0%
💡 The market prices NEE at ~21.6x trailing earnings, in line with its historical median, but fails to fully reflect the acceleration in rate base growth ($12–13B annual capex) and the higher‑quality earnings mix that supports a premium multiple. Consensus EPS for FY2026 will be revised upward, driving multiple expansion toward 23–24x.
📉 Reward/risk: 2.1:1
🏢 Business Quality: 8/10 - NEE is a best‑in‑class utility with a highly efficient regulated operation (FPL) and a world‑leading renewable development platform, delivering consistent above‑peer EPS growth.
📊 Valuation: fair — trading at 21.6x P/E, equal to its historical median, but using EV/EBITDA (11–12x) and FCF yield (3.5%) the stock is fairly valued relative to...
📊 Our read: BUY. Full analysis →
https://stockduty.xyz/s/NEE0617