NextEra Energy, Inc. Media Line: 561-694-4442 Oct. 28, 2025 FOR IMMEDIATE RELEASE NextEra Energy reports third-quarter 2025 financial results JUNO BEACH, Fla. - NextEra Energy, Inc. (NYSE: NEE) today reported 2025 third-quarter net income attributable to NextEra Energy on a GAAP basis of $2.438 billion, or $1.18 per share, compared to $1.852 billion, or $0.90 per share, for the third quarter of 2024. On an adjusted basis, NextEra Energy's 2025 third-quarter earnings were $2.348 billion, or $1.13 per share, ...

Group 1: Market Movements - Dow futures decreased by 0.01%, S&P 500 futures fell by 0.03%, while Nasdaq futures increased by 0.02% [1] Group 2: Precious Metals - Spot gold fell below $3,900 per ounce for the first time since October 6, dropping over 2% in a day, currently reported at $3,893 per ounce. Analysts from Metals Focus indicated that ongoing economic uncertainty remains the primary support for gold prices [2] Group 3: Energy Sector - NextEra and Google announced a milestone agreement to restart the Duane Arnold Energy Center in Iowa, the state's only nuclear facility, with a planned full operation resumption in Q1 2029, pending regulatory approval [3] Group 4: Banking Sector - HSBC Holdings saw a nearly 3% increase in pre-market trading after raising its full-year net interest income forecast for banking operations to $43 billion or higher, reflecting increased confidence in recent policy interest rate trends in key markets [4] Group 5: Technology Sector - Qorvo's stock rose over 10% following reports that Apple supplier Skyworks is in talks to acquire the company for $8 billion [5] - Qualcomm announced the launch of AI chips, the AI200 and AI250, aiming to challenge Nvidia, and plans to release a new computing chip annually, following the product release cadence of Nvidia and AMD [6] Group 6: Employment Trends - Amazon is expected to initiate a large-scale layoff plan affecting approximately 30,000 positions, which represents nearly 10% of its workforce, with notifications to employees anticipated on October 28 [7] Group 7: Market Sentiment - ARK Invest CEO Cathie Wood expressed that she does not believe there is a bubble in the AI market, asserting that the valuations of large tech companies remain meaningful in the long term, while also emphasizing the need for a "reality check" on AI valuations [8]

Core Viewpoint - Mizuho has raised the target price for New Era Energy from $78 to $88 while maintaining a "Neutral" rating [1] Group 1 - The target price adjustment reflects a positive outlook on New Era Energy's performance [1] - The "Neutral" rating indicates a cautious stance on the stock's potential for significant upside [1]

Core Insights - NextEra Energy is a leading clean energy company focused on wind and solar energy, operating primarily through its subsidiary Florida Power & Light Company [1] - The company is set to release its quarterly earnings on October 28, 2025, with expected earnings per share (EPS) of $0.967 and a revenue projection of $8.12 billion, reflecting a 7.27% increase from the previous year [2][6] - Despite a history of exceeding earnings expectations, the current Zacks model does not predict an earnings beat for this quarter [3][6] Financial Metrics - NextEra Energy has a P/E ratio of 29.91, indicating a high valuation by investors, and a price-to-sales ratio of 6.84 [4] - The enterprise value to sales ratio stands at 10.37, while the enterprise value to operating cash flow ratio is 22.00, suggesting strong market valuation and cash flow efficiency [4] - The company has an earnings yield of 3.34% and a debt-to-equity ratio of 1.83, reflecting a balanced approach to financing [5] Market Position - The company's financial health is indicated by a current ratio of 0.54, which may pose challenges in covering short-term liabilities [5] - NextEra Energy benefits from Florida's growth and increasing demand for renewable energy, contributing to its steady gains and premium valuation [3]

NextEra Energy (NYSE:NEE) stock climbed 3.95% before the bell on Tuesday, after the company teamed up with Alphabet‘s Google (NASDAQ:GOOGL) (NASDAQ:GOOG) to resurrect an Iowa-based nuclear power plant that was decommissioned five years ago.Clean Power Strategy for AI GrowthOn Monday, the two companies agreed to revive the Duane Arnold Energy Center near Cedar Rapids, with operations expected to resume by early 2029 — a move widely seen as a response to the tech industry’s soaring power demand, especially fo ...

Core Viewpoint - New Era Energy (NEE.US) has announced a transformative partnership with Google to enhance the U.S. leadership in nuclear energy and meet the growing energy demands of the AI sector [1] Company Summary - New Era Energy's stock rose approximately 4% in pre-market trading, reaching $89.4, indicating a potential new high at market open [1] - The company's market capitalization stands at $177.16 billion, with a total share count of 2.059 billion [1] - The stock's 52-week high is $87.29, while the 52-week low is $60.756 [1] Industry Summary - The strategic collaboration with Google aims to provide a responsible way to meet the energy needs driven by AI advancements [1] - This partnership is positioned to solidify the U.S. nuclear energy sector's role in supporting clean and reliable energy solutions [1]

Core Insights - The demand for clean energy from tech giants is driving a resurgence in U.S. nuclear power plants, with Google partnering with NextEra to restart the Duane Arnold Energy Center in Iowa, which has been closed for five years [1] - The project is expected to cost over $1.6 billion and aims to begin operations in 2029, highlighting a trend of reviving old nuclear facilities rather than building new ones [1][2] - The collaboration is seen as a model for investing in energy capacity while maintaining affordable electricity prices and creating jobs [1] Group 1 - Google has signed a 25-year power purchase agreement with NextEra for the Duane Arnold Energy Center, which has a capacity of 615 megawatts [1] - The Duane Arnold plant will be the third U.S. nuclear facility to restart after being shut down, following the Palisades and Three Mile Island plants [1] - The dual pressures of explosive electricity demand from AI infrastructure and carbon neutrality goals are driving the revival of these nuclear plants [2] Group 2 - Market analysis suggests that restarting idle nuclear plants is more cost-effective and quicker than building new facilities from scratch [2] - Critics caution that efforts to restart decommissioned nuclear plants must adhere to strict regulatory standards, emphasizing the need for careful consideration [2] - Concerns have been raised about the safety of the Duane Arnold plant, which has a design similar to the Fukushima reactors and suffered significant damage during a storm in 2020 [2]

Core Insights - Google and NextEra Energy are partnering to revive the Duane Arnold Energy Center in Iowa to meet the increasing low-carbon energy demand driven by artificial intelligence [1][3] - The plant, which has a capacity of 615 MW, is expected to begin operations in early 2029, pending regulatory approval [1][2] - Google plans to purchase power from the plant as a 24/7 carbon-free energy source to support its cloud and AI infrastructure in Iowa [2] Industry Trends - The revival of the nuclear plant reflects a broader trend of increasing energy demand in the U.S., particularly from tech companies investing heavily in AI [3][4] - The U.S. Energy Information Administration reported that total annual electricity consumption reached a record high in 2024, with expectations for continued growth due to expanding data centers [4] - Nuclear energy is being promoted as a solution to address the energy demands associated with AI computing and to enhance local grid reliability [4][5] Company Initiatives - The partnership is seen as a model for necessary investments across the country to build energy capacity, deliver reliable clean power, and create jobs in the AI-driven economy [6] - Google has invested over $6.8 billion in data centers in Iowa, indicating strong local support for such projects [8] - Iowa lawmakers have expressed optimism about the project, highlighting its potential to support local jobs and energy infrastructure [8] Competitive Landscape - Other tech companies, such as Microsoft and Oracle, are also exploring nuclear energy partnerships to power their data centers, indicating a growing trend in the industry [5] - The revival of the Duane Arnold Energy Center follows similar initiatives, showcasing a shift towards nuclear energy as a viable option for tech companies [5]

Core Insights - NextEra Energy and Google have formed a significant partnership to restart the Duane Arnold Energy Center in Iowa, the state's only nuclear facility, to address increasing electricity demand driven by AI and data center growth [1][2] - The 615-MW plant is expected to be fully operational by Q1 2029, pending regulatory approval [1] - Google will purchase a large portion of the plant's output as a 24/7 carbon-free energy source for its cloud and AI infrastructure, while Central Iowa Power Cooperative will acquire the remaining capacity [2] Economic Impact - The restart of Duane Arnold, which was shut down in 2020, is projected to create approximately 400 permanent jobs and generate over $9 billion in total economic benefits for Iowa, including $3 million annually in new tax revenue [3] - The partnership is seen as a model for similar clean energy investments across the U.S., emphasizing the economic growth potential in the Hawkeye State [5] Strategic Importance - The collaboration is expected to enhance U.S. grid reliability and advance national energy independence, with NextEra's CEO highlighting the role of next-generation nuclear technology [4] - The companies plan to explore new nuclear generation projects nationwide, positioning nuclear power as essential for meeting the rising electricity demand anticipated through 2035 due to AI and electrification [6] State Support - Iowa officials view the project as a significant milestone in the state's energy evolution, with Governor Kim Reynolds praising it as a fusion of nuclear and AI innovation that will drive economic growth and strengthen communities [7]

Core Viewpoint - NextEra Energy is positioned as a leading clean energy company in the U.S., focusing on renewable energy and making significant investments to enhance its utility infrastructure and financial performance [1][3][4]. Company Overview - NextEra Energy operates through subsidiaries like Florida Power & Light Company and NextEra Energy Resources, competing with major utilities such as American Electric Power [1]. - The company is recognized for its commitment to renewable energy sources and reliable energy services across the nation [1]. Recent Developments - On October 27, 2025, BTIG upgraded NextEra Energy's rating to "Buy," with the stock priced at $86.01, influenced by the restart of the Duane Arnold plant [2][6]. - The stock experienced a 1.90% increase from the previous session, trading between $83.79 and $87.18 [2][6]. Investment Plans - NextEra Energy plans to invest $74.6 billion in utility infrastructure from 2025 to 2029, exceeding American Electric Power's $54 billion allocation [3][6]. - This capital spending is essential for maintaining and enhancing service reliability for millions of customers across the U.S. [3]. Financial Performance - The company's earnings per share (EPS) estimates for 2025 and 2026 are projected to increase by 7.29% and 7.95%, respectively [4]. - NextEra Energy has a return on equity (ROE) of 12.31%, which is higher than American Electric Power's 11.55% and above the industry average of 10.35%, indicating efficient management and profitability [4][6]. Industry Context - The utility sector benefits from a stable, regulated framework that allows for cost recovery and steady returns, making it a reliable choice for income-oriented investors [5]. - The recent decline in interest rates has further supported the sector by reducing financing costs for long-term projects [5].