UBS Reiterates Buy Rating on NextEra Energy (NEE) Stock

NextEra Energy, Inc. (NYSE:NEE) is one of the Best Electric Utility Stocks to Buy According to Analysts. On August 29, UBS reiterated its Buy rating on the company’s stock, maintaining its price objective of $84.00. As per the investment firm, the recent developments related to the solar import reviews and an alternative rate settlement for Florida Power & Light (FPL) are distractions, which do not change the fundamental investment thesis. UBS opines that NextEra Energy, Inc. (NYSE:NEE) deserves a valuation premium as compared to other utility stocks.

UBS Reiterates Buy Rating on NextEra Energy (NEE) Stock

NextEra Energy, Inc. (NYSE:NEE) delivered healthy Q2 2025 results with adjusted EPS rising by 9.4% YoY. The continued robust financial and operational performance at FPL and NextEra Energy Resources positions it well to meet the overall objectives. During Q2 2025, FPL invested in its business to serve Florida’s growing population while, at the same time, keeping reliability high and rates low. NextEra Energy Resources witnessed a strong origination quarter, adding 3.2 gigawatts of new renewables and storage to its backlog.

While we acknowledge the potential of NEE to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than NEE and that has 100x upside potential, check out our report about this cheapest AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.