Brookfield Renewable Partners L.P. (BEP)
NYSE: BEP · IEX Real-Time Price · USD
20.77
+0.19 (0.92%)
Apr 19, 2024, 4:00 PM EDT - Market closed
BEP Stock Forecast
Stock Price Forecast
The 6 analysts with 12-month price forecasts for BEP stock have an average target of 32.75, with a low estimate of 25 and a high estimate of 41.5. The average target predicts an increase of 57.68% from the current stock price of 20.77.
Analyst Consensus: Buy
* Price targets were last updated on Feb 12, 2024.
Analyst Ratings
The average analyst rating for BEP stock from 7 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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 5 | 5 | 5 | 5 | 5 | 4 |
| Hold | 2 | 2 | 2 | 3 | 3 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 7 | 7 | 7 | 8 | 8 | 7 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| JP Morgan | JP Morgan | Buy → Hold Downgrades $36 → $28 | Buy → Hold | Downgrades | $36 → $28 | +34.81% | Feb 12, 2024 |
| UBS | UBS | Strong Buy → Hold Downgrades $34 → $25 | Strong Buy → Hold | Downgrades | $34 → $25 | +20.37% | Nov 17, 2023 |
| RBC Capital | RBC Capital | Buy Initiates n/a | Buy | Initiates | n/a | n/a | Nov 13, 2023 |
| Wells Fargo | Wells Fargo | Buy Maintains $35 → $32 | Buy | Maintains | $35 → $32 | +54.07% | Sep 22, 2023 |
| Scotiabank | Scotiabank | Buy Initiates $38 | Buy | Initiates | $38 | +82.96% | Jun 23, 2023 |
Financial Forecast
Revenue This Year
4.83B
from 5.04B
Decreased by -4.11%
Revenue Next Year
5.39B
from 4.83B
Increased by 11.49%
EPS This Year
-0.62
from -0.32
EPS Next Year
-0.26
from -0.62
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 6.5B | 6.9B | 7.0B | 7.5B |
| Avg | 4.8B | 5.4B | 6.3B | 6.5B |
| Low | 3.1B | 3.1B | 5.8B | 5.6B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 29.6% | 42.5% | 29.1% | 18.9% |
| Avg | -4.1% | 11.5% | 17.4% | 3.1% |
| Low | -38.4% | -34.9% | 7.2% | -11.0% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 0.23 | 0.37 | 1.47 | 0.67 |
| Avg | -0.62 | -0.26 | 0.95 | 0.65 |
| Low | -1.09 | -1.11 | 0.48 | 0.63 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | - | - | - | -29.6% |
| Avg | - | - | - | -32.3% |
| Low | - | - | - | -34.3% |
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.