Brookfield Renewable Partners L.P. (BEP)
NYSE: BEP · Real-Time Price · USD
24.98
-0.34 (-1.34%)
Nov 20, 2024, 4:00 PM EST - Market closed
BEP Stock Forecast
Stock Price Forecast
The 5 analysts with 12-month price forecasts for BEP stock have an average target of 31.4, with a low estimate of 29 and a high estimate of 34. The average target predicts an increase of 25.70% from the current stock price of 24.98.
Analyst Consensus: Buy
* Price targets were last updated on Oct 22, 2024.
Analyst Ratings
The average analyst rating for BEP stock from 5 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 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 1 | 1 | 1 |
| Buy | 4 | 3 | 3 | 2 | 3 | 3 |
| Hold | 3 | 2 | 2 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 7 | 5 | 5 | 4 | 5 | 5 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| CIBC | CIBC | Buy Maintains $33 → $34 | Buy | Maintains | $33 → $34 | +36.11% | Oct 22, 2024 |
| JP Morgan | JP Morgan | Hold Maintains $31 → $29 | Hold | Maintains | $31 → $29 | +16.09% | Oct 17, 2024 |
| RBC Capital | RBC Capital | Buy Reiterates $31 | Buy | Reiterates | $31 | +24.10% | Oct 9, 2024 |
| UBS | UBS | Hold → Strong Buy Upgrades $24 → $31 | Hold → Strong Buy | Upgrades | $24 → $31 | +24.10% | Sep 30, 2024 |
| JP Morgan | JP Morgan | Hold Maintains $30 → $31 | Hold | Maintains | $30 → $31 | +24.10% | Sep 25, 2024 |
Financial Forecast
Revenue This Year
5.81B
from 5.04B
Increased by 15.40%
Revenue Next Year
6.15B
from 5.81B
Increased by 5.71%
EPS This Year
-0.57
from -0.06
EPS Next Year
0.22
from -0.57
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 6.9B | 7.5B | 7.7B | ||
| Avg | 5.8B | 6.1B | 6.6B | ||
| Low | 4.0B | 4.4B | 4.7B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 36.8% | 29.7% | 25.8% | ||
| Avg | 15.4% | 5.7% | 7.3% | ||
| Low | -20.9% | -25.1% | -23.9% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 0.17 | 3.01 | 3.66 | ||
| Avg | -0.57 | 0.22 | 0.62 | ||
| Low | -1.34 | -1.39 | -1.40 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | - | - | 1,579.7% | ||
| Avg | - | - | 182.4% | ||
| Low | - | - | - |
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.