Brookfield Renewable Corporation (BEPC)
NYSE: BEPC · IEX Real-Time Price · USD
28.32
+0.58 (2.09%)
Jul 2, 2024, 4:00 PM EDT - Market closed

Brookfield Renewable Stock Forecast

Stock Price Forecast

The 1 analyst with a 12-month price forecast for BEPC stock has a target of 34, which predicts an increase of 20.06% from the current stock price of 28.32.

Analyst Consensus: Buy
Target Low Average Median High
Price $34 $34 $34 $34
Change +20.06% +20.06% +20.06% +20.06%
* Price targets were last updated on Sep 22, 2023.

Analyst Ratings

The average analyst rating for BEPC 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 Jan '24Feb '24Mar '24Apr '24May '24Jun '24
Strong Buy 000000
Buy 222222
Hold 000000
Sell 000000
Strong Sell 000000
Total 222222

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Exane BNP Paribas
Exane BNP Paribas
Buy
Initiates
n/a
Buy Initiates n/a n/a Oct 20, 2023
Wells Fargo
Wells Fargo
Buy
Maintains
$37$34
Buy Maintains $37$34 +20.06% Sep 22, 2023
Wells Fargo
Wells Fargo
Buy
Maintains
$37$39
Buy Maintains $37$39 +37.71% May 8, 2023
Wells Fargo
Wells Fargo
Buy
Maintains
$41$37
Buy Maintains $41$37 +30.65% Nov 7, 2022
JP Morgan
JP Morgan
Buy
Maintains
$48$49
Buy Maintains $48$49 +73.02% Aug 8, 2022
More Analyst Ratings

Financial Forecast

Revenue This Year
5.85B
from 4.55B
Increased by 28.63%
Revenue Next Year
6.22B
from 5.85B
Increased by 6.24%
EPS This Year
0.48
EPS Next Year
0.34
from 0.48
Decreased by -29.08%
Year 2019202020212022202320242025202620272028
Revenue
3.31B3.19B3.43B3.87B4.55B5.85B6.22B6.48B6.41B6.92B
Revenue Growth
9.44%-3.60%7.56%12.96%17.57%28.63%6.24%4.20%-1.02%7.81%
EPS
-----0.480.341.13--
EPS Growth
-------29.08%231.50%--
Forward PE
-----59.0783.2925.13--
No. Analysts -----55433
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
High 6.6B 6.9B 7.2B 6.6B 7.1B
Avg 5.9B 6.2B 6.5B 6.4B 6.9B
Low 4.9B 5.3B 5.7B 6.2B 6.6B

Revenue Growth

Revenue Growth 20242025202620272028
High
44.7%
17.5%
16.0%
1.9%
11.0%
Avg
28.6%
6.2%
4.2%
-1.0%
7.8%
Low
8.4%
-9.9%
-8.1%
-4.9%
3.6%

EPS Forecast

EPS 202420252026
High 1.10 2.17 2.57
Avg 0.48 0.34 1.13
Low -0.11 -1.08 -0.24

EPS Growth

EPS Growth 202420252026
High -
353.4%
656.6%
Avg -
-29.1%
231.5%
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.