12 Best Renewable Energy Stocks to Buy in 2025

Page 8 of 11

4. NextEra Energy, Inc. (NYSE:NEE)

No. of Hedge Fund Holders: 84

NextEra Energy, Inc. (NYSE:NEE) is one of the largest renewable energy producers in the world. It produces energy from wind, sun, and battery storage. The company also owns America’s leading electric utility, Florida Power & Light Company, which generates energy from Florida’s sunshine and growing population. This facility generates stable rate-regulated earnings for NextEra Energy. Moreover, NextEra Energy Resources, the company’s leading competitive energy platform, owns a wide portfolio of renewable energy assets that generate stable cash flow.

NextEra Energy, Inc. (NYSE:NEE) plans to invest approximately $120 billion into energy infrastructure, such as new renewable energy capacity, over the next four years. Considering its growing power demand, NextEra Energy expects to improve its earnings and grow them by 6% to 8% annually through 2027. Recently, Morgan Stanley analyst David Arcaro increased the price target on NEE shares from $95 to $97, keeping an Overweight rating on the stock.

Page 8 of 11