NEE

• Revenue (Q2 2024): $7.45 billion, up 12% YoY.

• Net Income: $1.38 billion, growing 5% YoY.

• Gross Margin: 65.1%, reflecting solid operational efficiency.

• EPS (Earnings Per Share): $0.70, slightly below estimates.

• Free Cash Flow: $2.1 billion, indicating strong liquidity.

💰 Valuation Analysis

• P/E Ratio: 21.5x, slightly above industry average.

• P/S Ratio: 4.2x, showing moderate market optimism.

• Forward P/E: 19.7x, suggesting stable future performance.

• PEG Ratio: 2.1, showing that growth is priced in.

• Market Cap: $158 billion, making NEE a significant player in renewable energy.

📈 Growth Metrics

• 2024 EPS Growth Forecast: Moderate growth expected, driven by investments in renewable energy.

• Price Target: Analysts set a consensus price target of $85, with a high target of $95.

📊 Technical Indicators

• RSI (Relative Strength Index): Currently around 45, indicating the stock is neither overbought nor oversold.

• MACD (Moving Average Convergence Divergence): Bearish crossover observed, suggesting potential short-term weakness.

• Moving Averages: The 50-day moving average is slightly below the 200-day moving average, indicating a potential bearish trend.

• Support/Resistance Levels: Strong support around $75, with resistance near $85.

🔮 Forecast

Final Summary

• 🚀 Buy with Caution: NEE offers stable growth with potential upside, though regulatory risks should be monitored.

• 📊 Solid Financials: Strong revenue and cash flow, but with slight earnings pressure.

• 💡 Fair Valuation: Valuation reflects stable growth, with potential for moderate gains.

• ⚠️ Risks: Regulatory changes and rising costs are key concerns, but the long-term outlook remains positive.