Clearway Energy, Inc. (CWEN)
NYSE: CWEN · Real-Time Price · USD
26.04
+0.12 (0.46%)
Dec 20, 2024, 4:00 PM EST - Market closed
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 21.47% from the current stock price of 26.04.
Analyst Consensus: Buy
* Price targets were last updated on Sep 20, 2024.
Analyst Ratings
The average analyst rating for CWEN 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 | +34.41% | Sep 20, 2024 |
| Roth MKM | Roth MKM | Strong Buy Reiterates $30 → $32 | Strong Buy | Reiterates | $30 → $32 | +22.89% | Aug 2, 2024 |
| Morgan Stanley | Morgan Stanley | Hold → Buy Upgrades $25 → $36 | Hold → Buy | Upgrades | $25 → $36 | +38.25% | Jul 31, 2024 |
| UBS | UBS | Strong Buy Maintains $32 → $33 | Strong Buy | Maintains | $32 → $33 | +26.73% | May 14, 2024 |
| Evercore ISI Group | Evercore ISI Group | Buy Maintains $25 → $30 | Buy | Maintains | $25 → $30 | +15.21% | May 14, 2024 |
Financial Forecast
Revenue This Year
1.44B
from 1.31B
Increased by 9.59%
Revenue Next Year
1.57B
from 1.44B
Increased by 8.68%
EPS This Year
0.76
from 0.68
Increased by 12.49%
EPS Next Year
0.31
from 0.76
Decreased by -59.04%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.6B | 1.9B | 2.1B |
| Avg | 1.4B | 1.6B | 1.6B |
| Low | 1.3B | 1.4B | 1.4B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 19.8% | 31.5% | 35.7% |
| Avg | 9.6% | 8.7% | 5.3% |
| Low | -1.3% | -5.1% | -9.5% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.50 | 1.58 | 1.74 |
| Avg | 0.76 | 0.31 | 0.79 |
| Low | 0.43 | -0.18 | 0.24 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 122.4% | 107.4% | 460.3% |
| Avg | 12.5% | -59.0% | 154.3% |
| Low | -36.1% | - | -24.4% |
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.