Streetbeat News

NEP

NextEra Energy Partners, LP

https://www.investor.nexteraenergypartners.com

Industry

Renewable Utilities

NextEra Energy Partners, LP acquires, owns, and manages contracted clean energy projects in the United States. It owns a portfolio of contracted renewable generation assets consisting of wind and solar projects, as well as contracted natural gas pipeline assets. NextEra Energy Partners, LP was incorporated in 2014 and is headquartered in Juno Beach, Florida.

Open

18.50

Mkt cap

1.7B

Volume

2.3M

High

18.65

P/E Ratio

29.94

52-wk high

35.15

Low

18.04

Div yield

0.20

52-wk low

17.94

Guggenheim analyst Shahriar Pourreza has downgraded NextEra Energy Partners (NYSE:NEP) from Buy to Neutral, setting a price target of $22.

Portfolio Pulse from Benzinga Newsdesk

October 28, 2024 | 12:49 pm

Top Wall Street analysts have upgraded their outlook on several major stocks, including Tesla, Regions Financial, NextEra Energy Partners, STERIS, and Canadian Pacific Kansas City. These upgrades reflect positive sentiment and potential price movements for these companies.

Portfolio Pulse from Avi Kapoor

October 24, 2024 | 6:07 pm

Evercore ISI Group has maintained an 'Outperform' rating on NextEra Energy Partners (NYSE:NEP) but has lowered the price target from $32 to $30.

Portfolio Pulse from Benzinga Newsdesk

October 24, 2024 | 3:11 pm

Top Wall Street analysts have updated their price targets for several companies, including Tesla, ServiceNow, Rocket Lab, Synopsys, DBV Technologies, Teledyne Technologies, NextEra Energy Partners, CoStar Group, Amphenol, and East West Bancorp. These changes reflect varying degrees of optimism and caution about the companies' future performance.

Portfolio Pulse from Avi Kapoor

October 24, 2024 | 12:19 pm

JP Morgan analyst Mark Strouse has upgraded NextEra Energy Partners (NYSE:NEP) from Underweight to Neutral, while lowering the price target from $25 to $22.

Portfolio Pulse from Benzinga Newsdesk

October 24, 2024 | 11:12 am

NextEra Energy Partners' shares declined following the release of disappointing Q3 financial results.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2024 | 1:08 pm

NextEra Energy Partners reported a significant earnings miss for Q3 2024, with a GAAP EPS of $(0.43) compared to the expected $0.62. Sales also fell short of expectations, coming in at $319 million versus the $348 million estimate.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2024 | 11:36 am

CIBC analyst Mark Jarvi has maintained a Neutral rating on NextEra Energy Partners (NYSE:NEP) while lowering the price target from $34 to $32.

Portfolio Pulse from Benzinga Newsdesk

October 22, 2024 | 9:00 pm

NextEra Energy Partners (NYSE:NEP) is set to announce its quarterly earnings on October 23, 2024, with an expected EPS of $0.55. Despite past EPS beats, the stock has seen price declines, and analysts currently rate it as 'Underperform' with a potential downside. The company's strong revenue growth and efficient use of equity are positive, but profitability lags behind peers.

Portfolio Pulse from Benzinga Insights

October 22, 2024 | 4:03 pm

BMO Capital analyst James Thalacker maintains an Outperform rating on NextEra Energy Partners (NYSE:NEP) but lowers the price target from $28 to $26.

Portfolio Pulse from Benzinga Newsdesk

October 21, 2024 | 1:48 pm

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