Clearway Energy, Inc. (CWEN.A)
NYSE: CWEN.A · Real-Time Price · USD
27.88
-0.44 (-1.55%)
Sep 26, 2024, 4:00 PM EDT - Market closed
Clearway Energy Stock Forecast
Stock Price Forecast
The 8 analysts with 12-month price forecasts for Clearway Energy stock have an average target of 31.63, with a low estimate of 25 and a high estimate of 37. The average target predicts an increase of 13.45% from the current stock price of 27.88.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for CWEN.A stock from 8 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Apr '24 | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 3 | 3 | 3 | 3 | 3 |
| Buy | 1 | 2 | 2 | 3 | 3 | 3 |
| Hold | 2 | 2 | 2 | 2 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 5 | 7 | 7 | 8 | 8 | 8 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Jefferies | Jefferies | Strong Buy Initiates $35 | Strong Buy | Initiates | $35 | +25.54% | Sep 20, 2024 |
| Roth MKM | Roth MKM | Strong Buy Reiterates $30 → $32 | Strong Buy | Reiterates | $30 → $32 | +14.78% | Aug 2, 2024 |
| Morgan Stanley | Morgan Stanley | Hold → Buy Upgrades $25 → $36 | Hold → Buy | Upgrades | $25 → $36 | +29.12% | Jul 31, 2024 |
| UBS | UBS | Strong Buy Maintains $32 → $33 | Strong Buy | Maintains | $32 → $33 | +18.36% | May 14, 2024 |
| Evercore ISI Group | Evercore ISI Group | Buy Maintains $25 → $30 | Buy | Maintains | $25 → $30 | +7.60% | May 14, 2024 |
Financial Forecast
Revenue This Year
1.40B
from 1.31B
Increased by 6.70%
Revenue Next Year
1.59B
from 1.40B
Increased by 13.20%
EPS This Year
0.82
from 0.68
Increased by 21.91%
EPS Next Year
0.92
from 0.82
Increased by 11.96%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.6B | 2.0B | 2.1B |
| Avg | 1.4B | 1.6B | 1.7B |
| Low | 1.3B | 1.4B | 1.5B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 18.9% | 42.4% | 35.3% |
| Avg | 6.7% | 13.2% | 5.8% |
| Low | -1.8% | 2.4% | -7.1% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.59 | 1.61 | 1.80 |
| Avg | 0.82 | 0.92 | 1.49 |
| Low | 0.46 | -0.05 | 1.22 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 134.8% | 95.2% | 94.8% |
| Avg | 21.9% | 12.0% | 61.6% |
| Low | -31.8% | - | 31.9% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.