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


OverviewRevenueOwnershipFinancialsChartTranscripts

BEP Stock Forecast


Brookfield Renewable Partners stock forecast is as follows: an average price target of $37.12 (represents a 41.84% upside from BEP’s last price of $26.17) and a rating consensus of 'Buy', based on 8 wall street analysts offering a 1-year stock forecast.

BEP Price Target


The average price target for Brookfield Renewable Partners (BEP) is $37.12 based on 1-year price targets from 8 Wall Street analysts in the past 3 months, with a price target range of $46.15 to $30.00. This represents a potential 41.84% upside from BEP's last price of $26.17.

BEP Analyst Ratings


Buy

According to 8 Wall Street analysts, Brookfield Renewable Partners's rating consensus is 'Buy'. The analyst rating breakdown for BEP stock is 1 'Strong Buy' (12.50%), 6 'Buy' (75.00%), 0 'Hold' (0.00%), 0 'Sell' (0.00%), and 1 'Strong Sell' (12.50%).

Brookfield Renewable Partners Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
May 28, 2024Rupert MererNational Bank$32.00$28.6011.89%22.28%
May 06, 2024Ben PhamBMO Capital$30.00$26.3713.77%14.64%
May 06, 2024Nelson NgRBC Capital$31.00$25.7820.25%18.46%
May 09, 2022Sean SteuartTD Securities$41.00$34.1620.04%56.67%
Jan 18, 2022Rupert MererNational Bank$38.00$32.3417.50%45.20%
Jan 10, 2022Anthony CrowdellMizuho Securities$38.00$33.5913.13%45.20%
Nov 08, 2021Pearce HammondPiper Sandler$43.00$38.3712.07%64.31%
Sep 22, 2021Andrew KuskeCredit Suisse$35.81$38.50-6.99%36.83%
Aug 06, 2021Moses SuttonBarclays$46.15$37.8721.87%76.36%
Row per page
Go to

The latest Brookfield Renewable Partners stock forecast, released on May 28, 2024 by Rupert Merer from National Bank, set a price target of $32.00, which represents a 11.89% increase from the stock price at the time of the forecast ($28.60), and a 22.28% increase from BEP last price ($26.17).

Brookfield Renewable Partners Price Target by Period


1M3M12M
# Anlaysts--3
Avg Price Target--$31.00
Last Closing Price$26.17$26.17$26.17
Upside/Downside-100.00%-100.00%18.46%

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 $26.17. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
Jun 12, 2024ScotiabankOutperformOutperformHold
May 28, 2024National BankOutperformOutperformHold
May 06, 2024ScotiabankOutperformOutperformHold
May 06, 2024BMO CapitalOutperformOutperformHold
May 06, 2024RBC CapitalOutperformOutperformHold
May 06, 2024National BankOutperformOutperformHold
Sep 25, 2023Raymond James-Strong BuyUpgrade
Jun 15, 2023Credit SuisseOutperformOutperformHold
Sep 30, 2022TD SecuritiesAction List BuyBuyUpgrade
Sep 30, 2022TD Securities-Action List BuyUpgrade
Row per page
Go to

Brookfield Renewable Partners's last stock rating was published by Scotiabank on Jun 12, 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 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 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$2.05B$2.03B$1.86B$1.89B$1.81B$1.80B$1.64B$1.66B$1.47B$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$2.24B$2.21B$2.03B$2.06B$1.98B$1.97B$1.79B$1.82B$1.61B$1.48B$1.62B$1.56B$1.24B$1.24B$1.51B$1.39B$1.30B$1.16B$1.24B$1.15B$1.20B$1.07B$1.01B$883.60M$1.02B$772.34M$771.68M$737.83M$712.03M$636.74M
Low Forecast$1.86B$1.84B$1.69B$1.72B$1.65B$1.64B$1.49B$1.51B$1.34B$1.36B$1.35B$1.30B$1.01B$689.99M$1.26B$1.15B$1.08B$963.47M$1.05B$973.13M$1.01B$910.18M$854.61M$748.79M$867.00M$654.51M$653.95M$625.26M$603.40M$539.60M
# Analysts111111111313631111111111187655
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 $1.26B, and a high forecast of $1.51B. 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 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts111111111313631111111111187655
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$1.21B$1.20B$1.10B$1.12B$1.07B$1.07B$968.92M$984.85M$871.69M$848.00M$879.56M$865.15M$639.44M$602.23M$820.94M$786.50M$702.14M$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$1.32B$1.31B$1.20B$1.22B$1.17B$1.16B$1.06B$1.07B$951.43M$876.21M$960.02M$1.04B$731.45M$736.29M$896.04M$943.80M$766.37M$684.70M$735.49M$858.00M$707.12M$635.33M$596.54M$522.68M$605.19M$456.86M$456.47M$652.80M$421.19M$376.65M
Low Forecast$1.10B$1.09B$999.57M$1.01B$973.50M$967.68M$880.28M$894.76M$791.95M$805.55M$799.10M$692.12M$600.20M$408.15M$745.84M$629.20M$637.91M$569.93M$623.28M$572.00M$599.24M$538.40M$505.53M$442.93M$512.86M$387.16M$386.83M$435.20M$356.93M$319.19M
Surprise %---------------1.13%1.10%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 $820.94M, with a high of $896.04M and a low of $745.84M. This is -7.86% lower than Brookfield Renewable Partners's previous annual EBITDA (Mar 23) of $891.00M.

Brookfield Renewable Partners Net Income Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts111111111313631111111111187655
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$1.00M
Avg Forecast$-110.25M$-94.42M$-116.35M$-111.71M$-131.30M$-115.68M$-133.20M$-128.56M$-42.60M$-45.37M$-23.69M$-43.92M$-9.22M$-1.80M$-12.21M$-39.93M$-16.06M$-141.57M$4.00M$-36.30M$12.91M$-22.76M$-42.00M$-11.84M$-5.56M$-23.87M$30.56M$29.33M$23.98M$-2.49M
High Forecast$-97.14M$-83.20M$-102.51M$-98.43M$-115.68M$-101.92M$-117.36M$-113.27M$-37.53M$-22.69M$-20.87M$-35.14M$13.83M$-1.58M$-10.76M$-31.94M$-14.15M$-113.26M$4.45M$-29.04M$14.36M$-20.41M$-33.60M$-10.62M$-4.99M$-21.40M$33.99M$35.20M$26.67M$-2.24M
Low Forecast$-123.36M$-105.65M$-130.19M$-124.99M$-146.91M$-129.43M$-149.04M$-143.84M$-47.66M$-56.71M$-26.50M$-52.71M$-64.53M$-2.01M$-13.66M$-47.92M$-17.97M$-169.88M$3.59M$-43.56M$11.58M$-25.31M$-50.40M$-13.17M$-6.18M$-26.54M$27.40M$23.47M$21.50M$-2.77M
Surprise %----------------4.43%-3.74%0.54%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 $-12.21M, with a range of $-13.66M to $-10.76M. BEP's average Quarter net income forecast represents a -106.90% decrease compared to the company's last Quarter net income of $177.00M (Mar 23).

Brookfield Renewable Partners SG&A Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts111111111313631111111111187655
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$106.17M$105.12M$96.44M$97.88M$93.92M$93.36M$84.93M$86.32M$76.41M$74.33M$77.10M$101.16M$56.05M$52.79M$71.96M$91.96M$61.54M$228.44M$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$115.88M$114.74M$105.26M$106.83M$102.51M$101.90M$92.70M$94.22M$83.40M$76.80M$84.15M$121.39M$64.11M$64.54M$78.54M$110.35M$67.17M$274.13M$64.47M$100.32M$61.98M$55.69M$181.44M$45.81M$53.05M$40.05M$40.01M$49.60M$36.92M$33.01M
Low Forecast$96.46M$95.51M$87.61M$88.92M$85.33M$84.82M$77.16M$78.43M$69.42M$70.61M$70.04M$80.92M$52.61M$35.78M$65.37M$73.57M$55.91M$182.75M$54.63M$66.88M$52.52M$47.19M$120.96M$38.82M$44.95M$33.94M$33.91M$33.07M$31.29M$27.98M
Surprise %---------------0.62%0.71%0.25%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 $71.96M, based on 1 Wall Street analysts, with a range of $65.37M to $78.54M. The forecast indicates a 26.24% rise compared to BEP last annual SG&A of $57.00M (Mar 23).

Brookfield Renewable Partners EPS Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts111111111313631111111111187655
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$-0.15
Avg Forecast$-0.39$-0.33$-0.41$-0.39$-0.46$-0.41$-0.47$-0.45$-0.15$-0.16$-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$-0.34$-0.29$-0.36$-0.35$-0.41$-0.36$-0.41$-0.40$-0.13$-0.08$-0.07$-0.12$0.05$-0.01$-0.04$-0.04$-0.05$-0.06$0.02$-0.05$0.05$-0.07$0.06$-0.04$-0.02$-0.08$0.12$0.06$0.09$-0.01
Low Forecast$-0.43$-0.37$-0.46$-0.44$-0.52$-0.45$-0.52$-0.50$-0.17$-0.20$-0.09$-0.15$-0.23$-0.01$-0.05$-0.05$-0.06$-0.08$0.01$-0.07$0.04$-0.09$0.04$-0.05$-0.02$-0.09$0.10$0.05$0.08$-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


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
NEPNextEra Energy Partners, LP$26.34$52.6399.81%Hold
RNWReNew Energy Global$6.25$9.0044.00%Buy
BEPBrookfield Renewable Partners$26.17$37.1241.84%Buy
AQNAlgonquin Power & Utilities$5.50$7.5336.91%Hold
CWENClearway Energy$29.16$35.0020.03%Buy
AYAtlantica Sustainable Infrastructure$21.93$25.4015.82%Hold

BEP Forecast FAQ


Yes, according to 8 Wall Street analysts, Brookfield Renewable Partners (BEP) is considered a 'Buy'. The rating consensus is based on 1 'Strong Buy' and 6 'Buy' recommendations, accounting for 87.50% of BEP's total ratings.

Brookfield Renewable Partners (BEP) average price target is $37.12 with a range of $30 to $46.15, implying a 41.84% from its last price of $26.17. The data is based on 8 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

According to Wall Street analysts' prediction for BEP stock, the company can go up by 41.84% (from the last price of $26.17 to the average price target of $37.12), up by 76.36% based on the highest stock price target, and up by 14.64% based on the lowest stock price target.

BEP's highest twelve months analyst stock price target of $46.15 supports the claim that Brookfield Renewable Partners can reach $40 in the near future.

Brookfield Renewable Partners's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $6.91B (high $7.55B, low $6.28B), average EBITDA is $4.09B (high $4.46B, low $3.72B), average net income is $-509M (high $-448M, low $-569M), average SG&A $358.53M (high $391.33M, low $325.73M), and average EPS is $-1.785 (high $-1.572, low $-1.997). BEP's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $7.82B (high $8.54B, low $7.11B), average EBITDA is $4.63B (high $5.05B, low $4.2B), average net income is $-433M (high $-381M, low $-484M), average SG&A $405.61M (high $442.71M, low $368.5M), and average EPS is $-1.518 (high $-1.338, low $-1.699).

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 $2.72B by 12.84%. The company's net income was $138M, missing the average estimation of $-190M by -172.66%. Apple's SG&A was $243M, missing the average forecast of $432.94M by -43.87%. 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%