Goldman Sachs Energy Stocks: 10 Stocks to Buy

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

Goldman Sachs’ Stake Value: $1,436.51 million 

On March 3, 2026, Reuters reported that NextEra Energy, Inc. (NYSE:NEE) plans to install between 15 and 30 gigawatts of new power generation capacity for data centers in the United States by 2035. The corporation presented the proposal in a presentation, aiming to meet rising electricity demands caused by energy-intensive artificial intelligence technology. Data centers are increasingly requiring separate power plants as their immediate electricity demands surpass existing grid capacity.

Thirty gigawatts of generation could supply electricity to around 22 million homes, more than the number of households in California. The corporation expects natural gas generation to account for the majority of the new capacity, and it has a development pipeline of more than 20 gigawatts of gas-fired projects. NextEra Energy Resources, LLC (NEER) oversees the company’s renewable and natural gas development, while Florida Power & Light Company serves as its regulated electric utility.

Separately, on March 5, 2026, UBS boosted its price target for NextEra Energy, Inc. (NYSE:NEE) from $91 to $104 while maintaining a Buy rating. The corporation noted high demand for new power generation, notably within NextEra Energy Resources, LLC (NEER), which serves large-load customers such as data centers. According to UBS, next-generation deals have the potential to boost investor confidence and value.

NextEra Energy, Inc. (NYSE:NEE) provides renewable energy. It operates through two segments: FPL and NEER.