Is NextEra Energy Inc a Buy After Its Latest Earnings Report?

2 months ago 28

Matt DiLallo, The Motley Fool

Fri, July 24, 2026 astatine 9:53 AM CDT 4 min read

NextEra Energy (NYSE:NEE) reported its second-quarter fiscal results connected June 24. The inferior elephantine generated robust net growth, arsenic its adjusted net per stock surged 9.5%. The institution is benefiting from beardown powerfulness request maturation from AI information centers and different catalysts.

Here's a person look astatine that study and whether investors should buy the inferior banal close now.

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NextEra Energy logo overlaid connected  an concern   powerfulness  works  by the waterfront

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Another beardown showing

NextEra Energy reported $2.4 billion, oregon $1.15 per stock of adjusted earnings, successful the 2nd quarter, up 9.5% compared to the year-ago period. Both the utility's businesses, FPL and Energy Resources, delivered beardown results.

The company's regulated electrical inferior successful Florida, FPL, generated $1.4 cardinal successful nett income, up astir 11% twelvemonth implicit year. It continues to payment from Florida's economical growth, adding much than 90,000 customers implicit the past year. That's driving dense superior spending ($12 cardinal to $13 cardinal this year) to enactment the state's increasing powerfulness demand. FPL is seeing robust request from information halfway developers and different ample customers.

Meanwhile, its cleanable vigor infrastructure improvement platform, NextEra Energy Resources, reported net maturation of much than 18% to astir $1.3 billion. It placed 1.1 gigawatts (GW) of caller projects into work implicit the past 3 months to enactment increasing powerfulness request from different utilities and ample customers. The institution besides energized a caller 137-mile transmission enactment successful New Mexico to fortify grid reliability successful the state.

Powerful maturation inactive up

NextEra Energy believes it volition proceed increasing briskly for years to come. Its baseline anticipation is to present much than 8% compound yearly adjusted net per stock maturation done 2032, with a people to support that aforesaid maturation complaint from 2032 to 2035. It has aggregate maturation catalysts. FPL has astir 21 GW of large-load involvement from information halfway developers and different ample powerfulness users, including 12 GW successful precocious discussions that could statesman transportation arsenic soon arsenic 2028. Meanwhile, NextEra Energy Resources has 35.1 GW successful its backlog, astir of which it expects to present by the extremity of the decade. It besides remains connected way to restart its Duane Arnold atomic powerfulness works by 2029 to enactment Google's increasing powerfulness request and was selected to make 2 large-scale transmission projects successful Illinois.

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