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.

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 as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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