NextEra Energy Inc

NEE: XNYS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	$94.00	Rrdbxzk	Fbsywpmjjg

NextEra Energy: Lowering Our Fair Value to $74 on Expectations for Lower Regulated Allowed Returns

Andrew Bischof

Nov 9, 2023

We are lowering our NextEra Energy fair value estimate to $74 per share from $82 after incorporating lower allowed returns at Florida Power & Light to reflect ongoing regulatory risk relating to past campaign finance practices. Our narrow moat and medium uncertainty rating remain unchanged.

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