NextEra Energy Unusual Options Activity
Portfolio Pulse from Benzinga Insights
NextEra Energy (NYSE:NEE) has seen unusual options activity indicating a mixed sentiment among big-money traders, with a bearish lean. Benzinga's options scanner revealed 11 significant trades, with a sentiment split of 45% bullish and 54% bearish. The trades suggest a price target range of $49.0 to $67.5. The current stock price is $62.16, with a recent uptick of 1.19%. Market experts have set a consensus target price of $76.33, with ratings from BMO Capital, Mizuho, and Wells Fargo indicating a positive outlook. The next earnings report is due in 27 days.
March 27, 2024 | 5:46 pm
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NextEra Energy has experienced unusual options activity with a bearish tilt among large investors, suggesting potential volatility. The stock has recently increased by 1.19% to $62.16, with a consensus target price of $76.33 from market experts.
The mixed sentiment from the unusual options activity, combined with the recent stock price increase and positive analyst ratings, suggests potential short-term volatility but does not clearly indicate a directional move. The upcoming earnings report could be a significant catalyst.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100