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NYSE: NEP
Nextera Energy Partners LP Stock Forecast, Predictions & Price Target

Analyst price target for NEP

Based on 8 analysts offering 12 month price targets for Nextera Energy Partners LP.
Min Forecast
$70.00-2.76%
Avg Forecast
$85.63+18.94%
Max Forecast
$94.00+30.57%

Should I buy or sell NEP stock?

Based on 9 analysts offering ratings for Nextera Energy Partners LP.
Buy
Strong Buy
3 analysts 33.33%
Buy
3 analysts 33.33%
Hold
1 analysts 11.11%
Sell
2 analysts 22.22%
Strong Sell
0 analysts 0%

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NEP stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
RBC Capital
Top 14%
87
BuyMaintains$87.00+20.85%2023-01-30
Oppenheimer
Top 11%
90
BuyMaintains$94.00+30.57%2023-01-26
Morgan Stanley
Top 4%
97
HoldMaintains$86.00+19.46%2023-01-23
Credit Suisse
Bottom 15%
15
BuyMaintains$87.00+20.85%2022-11-02
KeyBanc
Top 19%
82
Strong BuyMaintains$83.00+15.29%2022-10-20
Wells Fargo
Top 10%
91
Strong BuyMaintains$90.00+25.02%2022-10-19
Goldman Sachs
Top 22%
79
Strong BuyMaintains$88.00+22.24%2022-09-22
Bank of America
Top 8%
93
SellMaintains$70.00-2.76%2022-08-19
Anonymous
Morgan Stanley
HoldMaintains$86.00+19.46%2022-06-13
Raymond James
Bottom 8%
8
SellDowngradesN/AN/A2022-04-05

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Forecast return on equity

Is NEP forecast to generate an efficient return?
Company
N/A
Industry
N/A
Market
13.26%

Forecast return on assets

Is NEP forecast to generate an efficient return on assets?
Company
N/A
Industry
N/A

NEP earnings per share forecast

What is NEP's earnings per share in the next 3 years based on estimates from 5 analysts?
Avg 1 year Forecast
$2.77-45.79%
Avg 2 year Forecast
$3.77-26.22%
Avg 3 year Forecast
$2.17-57.53%
NEP's earnings are forecast to... subscribe to Premium to read more.
Forecast High Earnings Growth Forecast

NEP revenue forecast

What is NEP's revenue in the next 3 years based on estimates from 6 analysts?
Avg 1 year Forecast
$1.8B+52.63%
Avg 2 year Forecast
$2.2B+88.9%
Avg 3 year Forecast
$2.1B+82.37%
NEP's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

NEP earnings growth forecast

How is NEP forecast to perform vs Utilities - Renewable companies and vs the US market?
Company
-2.27%
Industry
-0.29%
Market
22.01%
NEP's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
NEP's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
NEP's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

NEP revenue growth forecast

How is NEP forecast to perform vs Utilities - Renewable companies and vs the US market?
Company
26.44%
Industry
2.42%
Market
9.23%
NEP's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
NEP's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

NEP vs Renewable Energy Stocks

TickerPricePrice TargetUp/downsideConsensus
NEP$71.99$85.63+18.94%Buy
CWEN$33.63$37.50+11.51%Hold
BEPC$30.19$43.00+42.43%Strong Buy
ORA$92.11$92.00-0.12%Hold
AQN$7.36$9.00+22.28%Buy

Nextera Energy Partners Stock Forecast FAQ

Is Nextera Energy Partners Stock a good buy in 2023, according to Wall Street analysts?

The consensus among 9 Wall Street analysts covering (NYSE: NEP) stock is to Buy NEP stock.

Out of 9 analysts, 3 (33.33%) are recommending NEP as a Strong Buy, 3 (33.33%) are recommending NEP as a Buy, 1 (11.11%) are recommending NEP as a Hold, 2 (22.22%) are recommending NEP as a Sell, and 0 (0%) are recommending NEP as a Strong Sell.

If you're new to stock investing, here's how to buy Nextera Energy Partners stock.

What is NEP's earnings growth forecast for 2023-2025?

(NYSE: NEP) Nextera Energy Partners's forecast annual earnings growth rate of -2.27% is not forecast to beat the US Utilities - Renewable industry's average forecast earnings growth rate of -0.29%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 22.01%.

Nextera Energy Partners's earnings in 2023 is $433,000,000.On average, 5 Wall Street analysts forecast NEP's earnings for 2023 to be $239,702,737, with the lowest NEP earnings forecast at $184,320,155, and the highest NEP earnings forecast at $290,758,554. On average, 2 Wall Street analysts forecast NEP's earnings for 2024 to be $326,238,021, with the lowest NEP earnings forecast at $303,738,847, and the highest NEP earnings forecast at $348,737,195.

In 2025, NEP is forecast to generate $187,781,566 in earnings, with the lowest earnings forecast at $187,781,566 and the highest earnings forecast at $187,781,566.

What is NEP's revenue growth forecast for 2023-2025?

(NYSE: NEP) Nextera Energy Partners's forecast annual revenue growth rate of 26.44% is forecast to beat the US Utilities - Renewable industry's average forecast revenue growth rate of 2.42%, and and it is also forecast to beat the US market's average forecast revenue growth rate of 9.23%.

Nextera Energy Partners's revenue in 2023 is $1,176,000,000.On average, 6 Wall Street analysts forecast NEP's revenue for 2023 to be $155,321,575,505, with the lowest NEP revenue forecast at $117,090,892,780, and the highest NEP revenue forecast at $198,164,069,654. On average, 4 Wall Street analysts forecast NEP's revenue for 2024 to be $192,230,518,301, with the lowest NEP revenue forecast at $150,510,819,461, and the highest NEP revenue forecast at $230,191,643,616.

In 2025, NEP is forecast to generate $185,592,223,595 in revenue, with the lowest revenue forecast at $185,592,223,595 and the highest revenue forecast at $185,592,223,595.

What is NEP's forecast return on assets (ROA) for 2023-2026?

(NYSE: NEP) forecast ROA is N/A, which is lower than the forecast US Utilities - Renewable industry average of N/A.

What is NEP's Price Target?

According to 8 Wall Street analysts that have issued a 1 year NEP price target, the average NEP price target is $85.63, with the highest NEP stock price forecast at $94.00 and the lowest NEP stock price forecast at $70.00.

On average, Wall Street analysts predict that Nextera Energy Partners's share price could reach $85.63 by Jan 30, 2024. The average Nextera Energy Partners stock price prediction forecasts a potential upside of 18.94% from the current NEP share price of $71.99.

What is NEP's Earnings Per Share (EPS) forecast for 2023-2025?

(NYSE: NEP) Nextera Energy Partners's current Earnings Per Share (EPS) is $5.11. On average, analysts forecast that NEP's EPS will be $2.77 for 2023, with the lowest EPS forecast at $2.13, and the highest EPS forecast at $3.36. On average, analysts forecast that NEP's EPS will be $3.77 for 2024, with the lowest EPS forecast at $3.51, and the highest EPS forecast at $4.03. In 2025, NEP's EPS is forecast to hit $2.17 (min: $2.17, max: $2.17).

What is NEP's forecast return on equity (ROE) for 2023-2026?

(NYSE: NEP) forecast ROE is N/A, which is considered weak.
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