Bullish Case: NEP's dedication to renewables aligns with global energy trends. Positive EPS growth and dividend hikes suggest strong financials and long-term value amidst a pressured sector.


Bearish Case: Persistent market volatility, sizable historical declines, and current trading below multi-year highs reflect ongoing risk and potential bearish sentiment impacting NEP's performance.


Potential Outcomes: 35% chance NEP climbs on renewable trends and financial strength; 40% chance it drops further amid volatility; 25% chance remains flat, balancing bullish and bearish forces.


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April 04, 2024


NextEra Energy Forecast

NEP        NextEra Energy
Price Forecast: NEUTRAL    Price Action: MEAN REVERTING (?)











Correlated Stock Forecasts

Assets that tend to move strongly with NEP



NEE Forecast + Options Trading Strategies   NEE  NextEra Energy (0.9)


SJM Forecast + Options Trading Strategies   SJM  J.M. Smucker (0.88)


AY Forecast + Options Trading Strategies   AY  Atlantica Sustainable Infrastructure (0.88)


ILMN Forecast + Options Trading Strategies   ILMN  Illumina (0.86)


TMCI Forecast + Options Trading Strategies   TMCI  Treace Medical Concepts (0.86)



Uncorrelated Stock Forecasts

Assets with little price relationship to NEP



ORCL Forecast + Options Trading Strategies   ORCL  Oracle (0.0)


SLM Forecast + Options Trading Strategies   SLM  SLM (-0.0)


IEFA Forecast + Options Trading Strategies   IEFA  BTC iShares Core MSCI EAF (-0.0)


FTDR Forecast + Options Trading Strategies   FTDR  Frontdoor (0.0)


PFF Forecast + Options Trading Strategies   PFF  iShares Trust iShares Pre (-0.0)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against NEP



MTRX Forecast + Options Trading Strategies   MTRX  Matrix Service (-0.76)


PRDO Forecast + Options Trading Strategies   PRDO  Perdoceo Education (-0.76)


YCS Forecast + Options Trading Strategies   YCS  ProShares UltraShort Yen (-0.76)


AJG Forecast + Options Trading Strategies   AJG  Arthur J. Gallagher (-0.79)


CME Forecast + Options Trading Strategies   CME  CME (-0.8)


NEP News over Time





Click points to explore news by date. News sentiment ranges from -10 (very negative) to +10 (very positive) where 0 is neutral.






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