8 Most Profitable Utility Stocks to Buy Right Now

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1. NextEra Energy, Inc. (NYSE:NEE)

TTM Net Income as of December 30: $7.21 billion

TTM Net Income Margin as of December 30: 20.81%

Number of Hedge Fund Holders: 72

NextEra Energy, Inc. (NYSE:NEE) is among the Most Profitable Stocks.

Jefferies boosted NextEra Energy, Inc. (NYSE:NEE)’s price target to $88 from $85 while keeping a Hold rating, as reported by TheFly on December 31, 2025. The update followed a thorough analysis of the business’s prospects after its analyst day, when Jefferies updated its earnings projections. The firm now expects profits per share to grow at a compound annual growth rate of approximately 9% through 2032. The analyst claims that this estimate surpasses both the 7.6% consensus forecast for the 2025-2032 timeframe and the company’s guidance of more than 8% EPS growth.

Separately, on December 17, 2025, UBS reduced its price objective for NextEra Energy, Inc. (NYSE:NEE) from $94 to $91 and maintained a Buy rating.

In a different analyst report on December 16, 2025, Morgan Stanley maintained its Overweight rating on NextEra Energy, Inc. (NYSE:NEE). The firm lowered its price goal to $95 from $97. The firm stated in a year-ahead note that demand related to data centers is anticipated to have a significant impact on the utility market performance. Morgan Stanley also cited growth upside possibilities in 2026 as a key reason for its sustained Overweight rating on the business despite a minor drop in the firm’s price target.

NextEra Energy, Inc. (NYSE:NEE)’s regulated utility, Florida Power & Light, is Florida’s largest rate-controlled utility.

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READ NEXT: 20 Best AI Stock To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.

Disclosure: None. 8 Most Profitable Utility Stocks to Buy Right Now is originally published on Insider Monkey. Insider Monkey focuses on uncovering the best investment ideas of hedge funds and insiders. Please subscribe to our free daily e-newsletter to get the latest investment ideas from hedge funds’ investor letters by entering your email address below.

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