Clearway Energy, Inc. (CWEN.A)
NYSE: CWEN.A · IEX Real-Time Price · USD
22.28
-0.13 (-0.58%)
Jul 2, 2024, 4:00 PM EDT - Market closed
Clearway Energy Stock Forecast
Stock Price Forecast
The 6 analysts with 12-month price forecasts for Clearway Energy stock have an average target of 30, with a low estimate of 25 and a high estimate of 37. The average target predicts an increase of 34.65% from the current stock price of 22.28.
Analyst Consensus: Buy
* Price targets were last updated on May 14, 2024.
Analyst Ratings
The average analyst rating for CWEN.A 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 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 3 | 3 |
| Buy | 1 | 1 | 1 | 1 | 2 | 2 |
| Hold | 1 | 2 | 2 | 2 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4 | 5 | 5 | 5 | 7 | 7 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| UBS | UBS | Strong Buy Maintains $32 → $33 | Strong Buy | Maintains | $32 → $33 | +48.11% | May 14, 2024 |
| Evercore ISI Group | Evercore ISI Group | Buy Maintains $25 → $30 | Buy | Maintains | $25 → $30 | +34.65% | May 14, 2024 |
| Roth MKM | Roth MKM | Strong Buy Maintains $29 → $30 | Strong Buy | Maintains | $29 → $30 | +34.65% | May 13, 2024 |
| Morgan Stanley | Morgan Stanley | Hold Maintains $23 → $25 | Hold | Maintains | $23 → $25 | +12.21% | Mar 1, 2024 |
| RBC Capital | RBC Capital | Hold Maintains $26 → $25 | Hold | Maintains | $26 → $25 | +12.21% | Feb 27, 2024 |
Financial Forecast
Revenue This Year
1.45B
from 1.31B
Increased by 9.97%
Revenue Next Year
1.50B
from 1.45B
Increased by 3.94%
EPS This Year
1.02
from 0.67
Increased by 52.76%
EPS Next Year
0.92
from 1.02
Decreased by -10.20%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.6B | 1.6B | 1.7B |
| Avg | 1.4B | 1.5B | 1.6B |
| Low | 1.4B | 1.4B | 1.5B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 19.3% | 10.9% | 10.3% |
| Avg | 10.0% | 3.9% | 6.1% |
| Low | 3.7% | -2.7% | 2.9% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.11 | 1.58 | 1.76 |
| Avg | 1.02 | 0.92 | 1.70 |
| Low | 0.94 | 0.49 | 1.65 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 66.1% | 53.9% | 91.9% |
| Avg | 52.8% | -10.2% | 84.6% |
| Low | 40.4% | -52.1% | 79.1% |
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.