$NEP getting hammered today on revising growth expectations to 5-8% through 2026 down from the 12-15% guidance they gave in their Q2 report.
$NEE is getting dragged down with it. Itβs down to prices not seen in over 3 years. P/E ratio 19x is -2 standard deviations under their 5YR average π
Yikes! I hold
$NEE but not
$NEP.
$NEE has pumped in over $25B in capital these last three years and have improved their ROC dramatically.
Iβd love to see that trend continue. But now feels like a time to wait a bit to see how this shakes out before making move here. Especially with the overhead curve playing out.
What do you think? Are buying, holding, or selling
$NEE?