Brookfield Renewable Partners (BEP) Stock Forecast, Price Target & Predictions

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BEP Stock Forecast

Brookfield Renewable Partners stock forecast is as follows: an average price target of $29.67 (represents a 29.28% upside from BEP’s last price of $22.95) and a rating consensus of 'Buy', based on 10 wall street analysts offering a 1-year stock forecast.

BEP Price Target

The average price target for Brookfield Renewable Partners (BEP) is $29.67 based on 1-year price targets from 10 Wall Street analysts in the past 3 months, with a price target range of $31.00 to $27.00. This represents a potential 29.28% upside from BEP's last price of $22.95.

BEP Analyst Ratings

Buy

According to 10 Wall Street analysts, Brookfield Renewable Partners's rating consensus is 'Buy'. The analyst rating breakdown for BEP stock is 1 'Strong Buy' (10.00%), 8 'Buy' (80.00%), 0 'Hold' (0.00%), 0 'Sell' (0.00%), and 1 'Strong Sell' (10.00%).

Brookfield Renewable Partners Price Target by Analyst

Date	Analyst	Company	Price Target	Price when Published	Price Target/Price when Published	Price Target/Last Closing Price
Nov 11, 2024	Ben Pham	BMO Capital	$31.00	$26.72	16.02%	35.08%
Sep 30, 2024	William Grippin	UBS	$31.00	$28.38	9.23%	35.08%
Sep 25, 2024	Anthony Crowdell	Mizuho Securities	$27.00	$27.26	-0.95%	17.65%
May 28, 2024	Rupert Merer	National Bank	$32.00	$28.60	11.89%	39.43%
May 06, 2024	Ben Pham	BMO Capital	$30.00	$26.37	13.77%	30.72%
May 06, 2024	Nelson Ng	RBC Capital	$31.00	$25.78	20.25%	35.08%
May 09, 2022	Sean Steuart	TD Securities	$41.00	$34.16	20.04%	78.65%
Jan 18, 2022	Rupert Merer	National Bank	$38.00	$32.34	17.50%	65.58%
Jan 10, 2022	Anthony Crowdell	Mizuho Securities	$38.00	$33.59	13.13%	65.58%
Nov 08, 2021	Pearce Hammond	Piper Sandler	$43.00	$38.37	12.07%	87.36%
Sep 22, 2021	Andrew Kuske	Credit Suisse	$35.81	$38.50	-6.99%	56.03%
Aug 06, 2021	Moses Sutton	Barclays	$46.15	$37.87	21.87%	101.10%

The latest Brookfield Renewable Partners stock forecast, released on Nov 11, 2024 by Ben Pham from BMO Capital, set a price target of $31.00, which represents a 16.02% increase from the stock price at the time of the forecast ($26.72), and a 35.08% increase from BEP last price ($22.95).

Brookfield Renewable Partners Price Target by Period

	1M	3M	12M
# Anlaysts	-	3	6
Avg Price Target	-	$29.67	$30.33
Last Closing Price	$22.95	$22.95	$22.95
Upside/Downside	-100.00%	29.28%	32.16%

In the current month, the average price target of Brookfield Renewable Partners stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Brookfield Renewable Partners's last price of $22.95. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades

Date	Company	Previous Rating	New Rating	Rating Change
Nov 11, 2024	UBS	Outperform	Outperform	Hold
Oct 22, 2024	CIBC	Outperform	Outperform	Hold
Sep 30, 2024	UBS		Buy	Upgrade
Jun 12, 2024	Scotiabank	Outperform	Outperform	Hold
May 28, 2024	National Bank	Outperform	Outperform	Hold
May 06, 2024	Scotiabank	Outperform	Outperform	Hold
May 06, 2024	BMO Capital	Outperform	Outperform	Hold
May 06, 2024	RBC Capital	Outperform	Outperform	Hold
May 06, 2024	National Bank	Outperform	Outperform	Hold
Sep 25, 2023	Raymond James		Strong Buy	Upgrade
Jun 15, 2023	Credit Suisse	Outperform	Outperform	Hold
Sep 30, 2022	TD Securities	Action List Buy	Buy	Upgrade
Sep 30, 2022	TD Securities		Action List Buy	Upgrade
Apr 25, 2022	Zacks Investment Research		Strong Sell	Downgrade
Jan 19, 2022	National Bank		Outperform	Upgrade

Brookfield Renewable Partners's last stock rating was published by UBS on Nov 11, 2024. The company gave BEP a "Outperform" rating, the same as its previous rate.

Brookfield Renewable Partners Financial Forecast

Brookfield Renewable Partners Revenue Forecast

	Dec 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19
Revenue	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$1.33B	$1.20B	$1.10B	$1.27B	$1.14B	$1.09B	$966.00M	$1.02B	$1.02B	$952.00M	$867.00M	$651.00M	$792.00M	$726.00M	$642.00M
Avg Forecast	$2.09B	$2.11B	$1.90B	$1.93B	$1.84B	$1.87B	$1.67B	$1.69B	$1.48B	$1.43B	$1.49B	$1.43B	$1.08B	$1.02B	$1.39B	$1.27B	$1.19B	$1.06B	$1.14B	$1.06B	$1.10B	$988.78M	$928.42M	$813.46M	$941.88M	$711.03M	$710.42M	$679.26M	$655.51M	$586.20M
High Forecast	$2.21B	$2.24B	$2.02B	$2.04B	$1.95B	$1.99B	$1.77B	$1.92B	$1.61B	$1.43B	$1.49B	$1.52B	$1.24B	$1.24B	$1.47B	$1.35B	$1.26B	$1.06B	$1.14B	$1.06B	$1.10B	$988.78M	$928.42M	$813.46M	$941.88M	$711.03M	$710.42M	$679.26M	$655.51M	$586.20M
Low Forecast	$1.98B	$2.00B	$1.80B	$1.82B	$1.74B	$1.77B	$1.58B	$1.46B	$1.26B	$1.43B	$1.49B	$1.35B	$1.01B	$689.99M	$1.31B	$1.20B	$1.12B	$1.06B	$1.14B	$1.06B	$1.10B	$988.78M	$928.42M	$813.46M	$941.88M	$711.03M	$710.42M	$679.26M	$655.51M	$586.20M
# Analysts	1	1	1	1	1	1	1	3	5	2	3	3	6	3	1	1	1	1	1	1	1	1	1	1	1	8	7	6	5	5
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1.05%	1.01%	1.04%	1.11%	1.07%	0.99%	0.98%	1.10%	1.25%	1.01%	1.22%	0.92%	1.17%	1.11%	1.10%

Brookfield Renewable Partners's average Quarter revenue forecast for Jun 23 based on 1 analysts is $1.39B, with a low forecast of $1.31B, and a high forecast of $1.47B. BEP's average Quarter revenue forecast represents a 4.27% increase compared to the company's last Quarter revenue of $1.33B (Mar 23).

Brookfield Renewable Partners EBITDA Forecast

	Dec 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19
# Analysts	1	1	1	1	1	1	1	3	5	2	3	3	6	3	1	1	1	1	1	1	1	1	1	1	1	8	7	6	5	5
EBITDA	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$891.00M	$772.00M	$673.00M	$873.00M	$753.00M	$502.00M	$719.00M	$607.00M	$532.00M	$609.00M	$497.00M	$322.00M	$408.00M	$329.00M	$333.00M
Avg Forecast	$1.32B	$1.33B	$1.20B	$1.22B	$1.16B	$1.18B	$1.05B	$1.07B	$935.31M	$903.72M	$938.67M	$865.15M	$682.42M	$642.71M	$876.11M	$786.50M	$225.06M	$627.31M	$677.11M	$715.00M	$650.99M	$584.90M	$549.19M	$481.19M	$557.15M	$420.60M	$420.24M	$544.00M	$387.75M	$346.75M
High Forecast	$1.40B	$1.41B	$1.27B	$1.29B	$1.23B	$1.25B	$1.12B	$1.21B	$1.02B	$904.36M	$938.67M	$1.04B	$780.62M	$785.78M	$929.48M	$943.80M	$270.07M	$627.31M	$677.11M	$858.00M	$650.99M	$584.90M	$549.19M	$481.19M	$557.15M	$420.60M	$420.24M	$652.80M	$387.75M	$346.75M
Low Forecast	$1.25B	$1.26B	$1.13B	$1.15B	$1.10B	$1.12B	$996.36M	$919.89M	$797.66M	$903.09M	$938.67M	$692.12M	$640.54M	$435.58M	$829.05M	$629.20M	$180.05M	$627.31M	$677.11M	$572.00M	$650.99M	$584.90M	$549.19M	$481.19M	$557.15M	$420.60M	$420.24M	$435.20M	$387.75M	$346.75M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1.13%	3.43%	1.07%	1.29%	1.05%	0.77%	1.23%	1.11%	1.11%	1.09%	1.18%	0.77%	0.75%	0.85%	0.96%

1 analysts predict BEP's average Quarter EBITDA for Jun 23 to be $876.11M, with a high of $929.48M and a low of $829.05M. This is -1.67% lower than Brookfield Renewable Partners's previous annual EBITDA (Mar 23) of $891.00M.

Brookfield Renewable Partners Net Income Forecast

	Dec 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19
# Analysts	1	1	1	1	1	1	1	3	5	2	3	3	6	3	1	1	1	1	1	1	1	1	1	1	1	8	7	6	5	5
Net Income	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$177.00M	$60.00M	$-77.00M	$122.00M	$33.00M	$33.00M	$-154.00M	$110.00M	$-55.00M	$-5.00M	$-119.00M	$11.00M	$120.00M	$10.00M	$1.00M
Avg Forecast	$-97.89M	$-75.26M	$-102.90M	$-98.28M	$-118.88M	$-96.86M	$-120.39M	$-107.58M	$-72.18M	$-83.51M	$-23.89M	$-43.92M	$-9.30M	$-1.81M	$-12.31M	$-39.93M	$-27.59M	$-19.87M	$4.00M	$-36.30M	$12.91M	$-22.76M	$-42.00M	$-11.84M	$-5.56M	$-23.87M	$30.56M	$29.33M	$23.98M	$-2.49M
High Forecast	$-91.05M	$-70.00M	$-95.71M	$-91.42M	$-110.58M	$-90.09M	$-111.99M	$-107.49M	$-14.44M	$-77.68M	$-22.22M	$-35.14M	$13.95M	$-1.69M	$-11.45M	$-31.94M	$-22.07M	$-19.87M	$4.00M	$-29.04M	$12.91M	$-22.76M	$-33.60M	$-11.84M	$-5.56M	$-23.87M	$30.56M	$35.20M	$23.98M	$-2.49M
Low Forecast	$-105.64M	$-81.22M	$-111.04M	$-106.06M	$-128.29M	$-104.53M	$-129.93M	$-107.67M	$-129.92M	$-90.12M	$-25.78M	$-52.71M	$-65.09M	$-1.95M	$-13.29M	$-47.92M	$-33.11M	$-19.87M	$4.00M	$-43.56M	$12.91M	$-22.76M	$-50.40M	$-11.84M	$-5.56M	$-23.87M	$30.56M	$23.47M	$23.98M	$-2.49M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-4.43%	-2.17%	3.88%	30.51%	-0.91%	2.56%	6.77%	-2.62%	4.65%	0.90%	4.99%	0.36%	4.09%	0.42%	-0.40%

Brookfield Renewable Partners's average Quarter net income forecast for Jun 23 is $-12.31M, with a range of $-13.29M to $-11.45M. BEP's average Quarter net income forecast represents a -106.96% decrease compared to the company's last Quarter net income of $177.00M (Mar 23).

Brookfield Renewable Partners SG&A Forecast

	Dec 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19
# Analysts	1	1	1	1	1	1	1	3	5	2	3	3	6	3	1	1	1	1	1	1	1	1	1	1	1	8	7	6	5	5
SG&A	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$57.00M	$44.00M	$58.00M	$65.00M	$76.00M	$64.00M	$71.00M	$72.00M	$81.00M	$84.00M	$65.00M	$36.00M	$31.00M	$35.00M	$29.00M
Avg Forecast	$107.82M	$108.97M	$98.13M	$99.53M	$95.11M	$96.67M	$86.15M	$87.52M	$76.53M	$73.94M	$76.80M	$101.16M	$55.84M	$52.59M	$71.68M	$91.96M	$30.98M	$54.99M	$59.35M	$83.60M	$57.06M	$51.27M	$151.20M	$42.18M	$48.84M	$36.87M	$36.83M	$41.33M	$33.99M	$30.39M
High Forecast	$114.39M	$115.61M	$104.11M	$105.60M	$100.90M	$102.56M	$91.40M	$99.07M	$83.28M	$73.99M	$76.80M	$121.39M	$63.87M	$64.29M	$76.05M	$110.35M	$37.17M	$54.99M	$59.35M	$100.32M	$57.06M	$51.27M	$181.44M	$42.18M	$48.84M	$36.87M	$36.83M	$49.60M	$33.99M	$30.39M
Low Forecast	$102.03M	$103.12M	$92.86M	$94.19M	$90.00M	$91.48M	$81.52M	$75.27M	$65.26M	$73.89M	$76.80M	$80.92M	$52.41M	$35.64M	$67.83M	$73.57M	$24.78M	$54.99M	$59.35M	$66.88M	$57.06M	$51.27M	$120.96M	$42.18M	$48.84M	$36.87M	$36.83M	$33.07M	$33.99M	$30.39M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.62%	1.42%	1.05%	1.10%	0.91%	1.12%	1.38%	0.48%	1.92%	1.72%	1.76%	0.98%	0.75%	1.03%	0.95%

Brookfield Renewable Partners's average Quarter SG&A projection for Jun 23 is $71.68M, based on 1 Wall Street analysts, with a range of $67.83M to $76.05M. The forecast indicates a 25.76% rise compared to BEP last annual SG&A of $57.00M (Mar 23).

Brookfield Renewable Partners EPS Forecast

	Dec 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19
# Analysts	1	1	1	1	1	1	1	3	5	2	3	3	6	3	1	1	1	1	1	1	1	1	1	1	1	8	7	6	5	5
EPS	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$0.61	$0.22	$-0.28	$0.41	$0.12	$0.12	$-0.56	$0.41	$-0.20	$-0.22	$-0.38	$-0.11	$0.45	$-0.14	$-0.15
Avg Forecast	$-0.34	$-0.26	$-0.36	$-0.34	$-0.41	$-0.34	$-0.42	$-0.37	$-0.25	$-0.29	$-0.08	$-0.14	$-0.03	$-0.01	$-0.04	$-0.04	$-0.06	$-0.07	$0.01	$-0.06	$0.05	$-0.08	$0.05	$-0.04	$-0.02	$-0.08	$0.11	$0.06	$0.08	$-0.01
High Forecast	$-0.32	$-0.24	$-0.33	$-0.32	$-0.38	$-0.31	$-0.39	$-0.37	$-0.05	$-0.27	$-0.08	$-0.13	$0.05	$-0.01	$-0.04	$-0.04	$-0.05	$-0.07	$0.01	$-0.06	$0.05	$-0.08	$0.05	$-0.04	$-0.02	$-0.08	$0.11	$0.06	$0.08	$-0.01
Low Forecast	$-0.37	$-0.28	$-0.39	$-0.37	$-0.45	$-0.36	$-0.45	$-0.37	$-0.45	$-0.31	$-0.09	$-0.15	$-0.23	$-0.01	$-0.05	$-0.05	$-0.06	$-0.07	$0.01	$-0.06	$0.05	$-0.08	$0.05	$-0.04	$-0.02	$-0.08	$0.11	$0.06	$0.08	$-0.01
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-14.46%	-3.90%	4.02%	29.23%	-1.99%	2.65%	7.01%	8.20%	4.82%	11.28%	4.54%	-1.03%	8.11%	-1.66%	17.14%

According to 1 Wall Street analysts, Brookfield Renewable Partners's projected average Quarter EPS for Jun 23 is $-0.04, with a low estimate of $-0.05 and a high estimate of $-0.04. This represents a -107.02% decrease compared to BEP previous annual EPS of $0.61 (Mar 23).

Brookfield Renewable Partners Peer Comparison by Price Target

Ticker	Company	Last Closing Price	Avg Price Target	Upside/Downside	Avg Rating
CWEN	Clearway Energy	$26.10	$35.50	36.02%	Buy
AQN	Algonquin Power & Utilities	$4.46	$5.88	31.84%	Hold
RNW	ReNew Energy Global	$7.04	$9.00	27.84%	Hold
BEP	Brookfield Renewable Partners	$23.51	$29.67	26.20%	Buy
AY	Atlantica Sustainable Infrastructure	$21.99	$25.40	15.51%	Hold
NEP	NextEra Energy Partners, LP	$26.34	$27.17	3.15%	Hold

BEP Forecast FAQ

Is Brookfield Renewable Partners a good buy?

Yes, according to 10 Wall Street analysts, Brookfield Renewable Partners (BEP) is considered a 'Buy'. The rating consensus is based on 1 'Strong Buy' and 8 'Buy' recommendations, accounting for 90.00% of BEP's total ratings.

What is BEP's price target?

Brookfield Renewable Partners (BEP) average price target is $29.67 with a range of $27 to $31, implying a 29.28% from its last price of $22.95. The data is based on 10 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Brookfield Renewable Partners stock go up soon?

According to Wall Street analysts' prediction for BEP stock, the company can go up by 29.28% (from the last price of $22.95 to the average price target of $29.67), up by 35.08% based on the highest stock price target, and up by 17.65% based on the lowest stock price target.

Can Brookfield Renewable Partners stock reach $30?

BEP's highest twelve months analyst stock price target of $31 supports the claim that Brookfield Renewable Partners can reach $30 in the near future.

What are Brookfield Renewable Partners's analysts' financial forecasts?

Brookfield Renewable Partners's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $7.08B (high $7.63B, low $6.55B), average EBITDA is $4.47B (high $4.81B, low $4.13B), average net income is $-444M (high $-420M, low $-470M), average SG&A $365.45M (high $393.92M, low $338.26M), and average EPS is $-1.543 (high $-1.461, low $-1.636). BEP's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $8.02B (high $8.51B, low $7.59B), average EBITDA is $5.07B (high $5.37B, low $4.79B), average net income is $-374M (high $-348M, low $-404M), average SG&A $414.45M (high $439.7M, low $392.19M), and average EPS is $-1.302 (high $-1.211, low $-1.405).

Did the BEP's actual financial results beat the analysts' financial forecasts?

Based on Brookfield Renewable Partners's last annual report (Dec 2022), the company's revenue was $4.71B, beating the average analysts forecast of $4.45B by 5.88%. Apple's EBITDA was $3.07B, beating the average prediction of $2.24B by 36.82%. The company's net income was $138M, missing the average estimation of $-79.755M by -273.03%. Apple's SG&A was $243M, beating the average forecast of $228.91M by 6.15%. Lastly, the company's EPS was $0.5, missing the average prediction of $-0.172 by -390.09%. In terms of the last quarterly report (Mar 2023), Brookfield Renewable Partners's revenue was $1.33B, beating the average analysts' forecast of $1.27B by 4.79%. The company's EBITDA was $891M, beating the average prediction of $786.5M by 13.29%. Brookfield Renewable Partners's net income was $177M, missing the average estimation of $-39.93M by -543.28%. The company's SG&A was $57M, missing the average forecast of $91.96M by -38.02%. Lastly, the company's EPS was $0.61, missing the average prediction of $-0.0422 by -1545.74%