Brookfield Renewable Stock Forecast

Stock Price Forecast

The 2 analysts with 12-month price forecasts for Brookfield Renewable stock have an average target of 32.5, with a low estimate of 32 and a high estimate of 33. The average target predicts an increase of 11.91% from the current stock price of 29.04.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$32	$32.5	$33	$33
Change	+10.19%	+11.91%	+13.64%	+13.64%

* Price targets were last updated on Feb 3, 2025.

Analyst Ratings

The average analyst rating for Brookfield Renewable stock from 2 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	Oct '24	Nov '24	Dec '24	Jan '25	Feb '25	Mar '25
Strong Buy	0	0	0	0	0	0
Buy	1	1	1	1	2	2
Hold	1	1	0	0	0	0
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	2	2	1	1	2	2

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Jonathan Reeder Wells Fargo	Wells Fargo	Buy Maintains $35 → $33	Buy	Maintains	$35 → $33	+13.64%	Feb 3, 2025
Mark Strouse JP Morgan	JP Morgan	Buy Maintains $34 → $32	Buy	Maintains	$34 → $32	+10.19%	Jan 23, 2025
Mark Strouse JP Morgan	JP Morgan	Hold → Buy Upgrades $32 → $34	Hold → Buy	Upgrades	$32 → $34	+17.08%	Dec 12, 2024
Mark Strouse JP Morgan	JP Morgan	Hold Maintains $34 → $32	Hold	Maintains	$34 → $32	+10.19%	Oct 17, 2024
Mark Strouse JP Morgan	JP Morgan	Hold Maintains $33 → $34	Hold	Maintains	$33 → $34	+17.08%	Sep 25, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

7.03B

from 4.57B

53.84%

from 4.57B

Revenue Next Year

7.44B

from 7.03B

5.76%

from 7.03B

EPS This Year

-0.66

from 0.70

EPS Next Year

-0.72

from -0.66

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	3.19B	3.43B	3.83B	4.53B	4.57B	7.03B	7.44B	8.55B
Revenue Growth	-3.60%	7.56%	11.70%	18.31%	0.93%	53.84%	5.76%	14.91%
EPS	-7.57	2.61	4.15	-0.48	0.70	-0.66	-0.72	1.31
EPS Growth	-	-	58.87%	-	-	-	-	-
Forward PE	-	-	-	-	-	-	-	22.24
No. Analysts	-	-	-	-	-	6	6	4

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026	2027
High	8.0B	8.4B	8.8B
Avg	7.0B	7.4B	8.5B
Low	6.1B	6.5B	8.2B

Revenue Growth

Revenue Growth	2025	2026	2027
High	74.4%	19.4%	18.3%
Avg	53.8%	5.8%	14.9%
Low	32.8%	-8.2%	10.4%

EPS Forecast

EPS	2025	2026	2027
High	0.39	0.25	1.34
Avg	-0.66	-0.72	1.31
Low	-1.64	-1.62	1.25

EPS Growth

EPS Growth	2025	2026	2027
High	-44.1%	-	-
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.