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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 (0.92)


BKH Forecast + Options Trading Strategies   [BKH]  Black Hills (0.91)


EVRG Forecast + Options Trading Strategies   [EVRG]  Evergy (0.89)


SJM Forecast + Options Trading Strategies   [SJM]  J.M. Smucker (0.89)


ILMN Forecast + Options Trading Strategies   [ILMN]  Illumina (0.88)



Uncorrelated Stock Forecasts

Assets with little price relationship to NEP



FOUR Forecast + Options Trading Strategies   [FOUR]  Shift4 Payments (-0.0)


OTIS Forecast + Options Trading Strategies   [OTIS]  Otis Worldwide (-0.0)


C Forecast + Options Trading Strategies   [C]  Citigroup (0.0)


IYT Forecast + Options Trading Strategies   [IYT]  BlackRock Institutional Trust Company N.A. - iShares U.S. Transportation (-0.0)


EMN Forecast + Options Trading Strategies   [EMN]  Eastman Chemical (0.0)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against NEP



CBOE Forecast + Options Trading Strategies   [CBOE]  Cboe Global Markets (-0.77)


LFMD Forecast + Options Trading Strategies   [LFMD]  LifeMD (-0.77)


YCS Forecast + Options Trading Strategies   [YCS]  ProShares UltraShort Yen (-0.8)


AJG Forecast + Options Trading Strategies   [AJG]  Arthur J. Gallagher (-0.82)


CME Forecast + Options Trading Strategies   [CME]  CME (-0.82)





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