Brookfield Renewable Partners L.P. (BEP)
NYSE: BEP · Real-Time Price · USD
20.69
+0.03 (0.15%)
Jan 21, 2025, 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 31.2, with a low estimate of 30 and a high estimate of 32. The average target predicts an increase of 50.80% from the current stock price of 20.69.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for BEP stock from 5 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 | Jan '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 1 | 1 | 1 | 1 | 1 |
| Buy | 3 | 2 | 3 | 3 | 4 | 4 |
| Hold | 2 | 1 | 1 | 1 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 5 | 4 | 5 | 5 | 5 | 5 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| CIBC | CIBC | Buy Maintains $34 → $32 | Buy | Maintains | $34 → $32 | +54.66% | Jan 8, 2025 |
| JP Morgan | JP Morgan | Hold → Buy Upgrades $30 | Hold → Buy | Upgrades | $30 | +45.00% | Dec 12, 2024 |
| CIBC | CIBC | Buy Maintains $33 → $34 | Buy | Maintains | $33 → $34 | +64.33% | Oct 22, 2024 |
| JP Morgan | JP Morgan | Hold Maintains $31 → $29 | Hold | Maintains | $31 → $29 | +40.16% | Oct 17, 2024 |
| RBC Capital | RBC Capital | Buy Reiterates $31 | Buy | Reiterates | $31 | +49.83% | Oct 9, 2024 |
Financial Forecast
Revenue This Year
5.60B
from 5.04B
Increased by 11.23%
Revenue Next Year
6.02B
from 5.60B
Increased by 7.46%
EPS This Year
-1.12
from -0.06
EPS Next Year
0.42
from -1.12
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 6.4B | 7.1B | 7.9B | ||
| Avg | 5.6B | 6.0B | 6.5B | ||
| Low | 4.1B | 4.6B | 5.0B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 26.8% | 27.0% | 31.8% | ||
| Avg | 11.2% | 7.5% | 7.6% | ||
| Low | -18.0% | -18.1% | -17.6% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -0.88 | 3.84 | 0.39 | ||
| Avg | -1.12 | 0.42 | -0.51 | ||
| Low | -1.35 | -1.59 | -1.60 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | - | - | -8.4% | ||
| Avg | - | - | - | ||
| 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.