Clearway Energy, Inc. (CWEN.A)
NYSE: CWEN.A · Real-Time Price · USD
24.62
+0.09 (0.37%)
Dec 23, 2024, 12:03 PM EST - Market open
Clearway Energy Stock Forecast
Stock Price Forecast
The 8 analysts with 12-month price forecasts for Clearway Energy stock have an average target of 31.63, with a low estimate of 25 and a high estimate of 37. The average target predicts an increase of 28.47% from the current stock price of 24.62.
Analyst Consensus: Buy
* Price targets were last updated on Sep 20, 2024.
Analyst Ratings
The average analyst rating for CWEN.A stock from 8 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 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 3 | 3 | 3 |
| Buy | 3 | 3 | 3 | 3 | 3 | 3 |
| Hold | 2 | 2 | 2 | 2 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 8 | 8 | 8 | 8 | 8 | 8 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Jefferies | Jefferies | Strong Buy Initiates $35 | Strong Buy | Initiates | $35 | +42.16% | Sep 20, 2024 |
| Roth MKM | Roth MKM | Strong Buy Reiterates $30 → $32 | Strong Buy | Reiterates | $30 → $32 | +29.98% | Aug 2, 2024 |
| Morgan Stanley | Morgan Stanley | Hold → Buy Upgrades $25 → $36 | Hold → Buy | Upgrades | $25 → $36 | +46.22% | Jul 31, 2024 |
| UBS | UBS | Strong Buy Maintains $32 → $33 | Strong Buy | Maintains | $32 → $33 | +34.04% | May 14, 2024 |
| Evercore ISI Group | Evercore ISI Group | Buy Maintains $25 → $30 | Buy | Maintains | $25 → $30 | +21.85% | May 14, 2024 |
Financial Forecast
Revenue This Year
1.43B
from 1.31B
Increased by 9.13%
Revenue Next Year
1.54B
from 1.43B
Increased by 7.39%
EPS This Year
0.92
from 0.68
Increased by 35.91%
EPS Next Year
0.86
from 0.92
Decreased by -6.60%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.6B | 1.8B | 2.0B |
| Avg | 1.4B | 1.5B | 1.6B |
| Low | 1.3B | 1.4B | 1.4B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 18.5% | 28.0% | 27.1% |
| Avg | 9.1% | 7.4% | 5.1% |
| Low | -1.3% | -4.7% | -8.0% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.79 | 2.27 | 2.37 |
| Avg | 0.92 | 0.86 | 1.12 |
| Low | 0.43 | -0.18 | 0.24 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 164.4% | 147.2% | 176.9% |
| Avg | 35.9% | -6.6% | 31.0% |
| Low | -36.1% | - | -72.6% |
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.