Clearway Energy (CWEN) Stock Forecast, Price Target & Predictions
CWEN Stock Forecast
Clearway Energy stock forecast is as follows: an average price target of $35.00 (represents a 20.03% upside from CWEN’s last price of $29.16) and a rating consensus of 'Buy', based on 10 wall street analysts offering a 1-year stock forecast.
CWEN Price Target
The average price target for Clearway Energy (CWEN) is $35.00 based on 1-year price targets from 10 Wall Street analysts in the past 3 months, with a price target range of $40.00 to $30.00. This represents a potential 20.03% upside from CWEN's last price of $29.16.
CWEN Analyst Ratings
According to 10 Wall Street analysts, Clearway Energy's rating consensus is 'Buy'. The analyst rating breakdown for CWEN stock is 0 'Strong Buy' (0.00%), 6 'Buy' (60.00%), 4 'Hold' (40.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Clearway Energy Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Jul 31, 2024 | Robert Kad | Morgan Stanley | $36.00 | $26.33 | 36.73% | 23.46% |
| May 14, 2024 | Michael Lonegan | Evercore ISI | $30.00 | $26.89 | 11.57% | 2.88% |
| Jul 19, 2023 | Noah Kaye | Oppenheimer | $40.00 | $27.14 | 47.38% | 37.17% |
| Feb 14, 2023 | Shelby Tucker | RBC Capital | $34.00 | $33.06 | 2.83% | 16.60% |
The latest Clearway Energy stock forecast, released on Jul 31, 2024 by Robert Kad from Morgan Stanley, set a price target of $36.00, which represents a 36.73% increase from the stock price at the time of the forecast ($26.33), and a 23.46% increase from CWEN last price ($29.16).
Clearway Energy Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 1 | 2 |
| Avg Price Target | - | $36.00 | $33.00 |
| Last Closing Price | $29.16 | $29.16 | $29.16 |
| Upside/Downside | -100.00% | 23.46% | 13.17% |
In the current month, the average price target of Clearway Energy stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Clearway Energy's last price of $29.16. 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 |
|---|---|---|---|---|
| Sep 13, 2024 | RBC Capital | Sector Perform | Sector Perform | Hold |
| Sep 13, 2024 | BMO Capital | Market Perform | Market Perform | Hold |
| Jul 31, 2024 | Morgan Stanley | - | Overweight | Upgrade |
| May 14, 2024 | Evercore ISI | Outperform | Outperform | Hold |
| Nov 16, 2023 | Oppenheimer | Outperform | Outperform | Hold |
| Oct 06, 2023 | Piper Sandler | - | Overweight | Upgrade |
| Oct 06, 2023 | Keefe, Bruyette & Woods | - | Outperform | Upgrade |
| Oct 06, 2023 | UBS | - | Neutral | Upgrade |
| Oct 06, 2023 | Oppenheimer | Outperform | Perform | Downgrade |
| Oct 06, 2023 | Citigroup | - | Neutral | Initialise |
Clearway Energy's last stock rating was published by RBC Capital on Sep 13, 2024. The company gave CWEN a "Sector Perform" rating, the same as its previous rate.
Clearway Energy Financial Forecast
Clearway Energy 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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | $371.00M | $406.00M | $288.00M | $268.00M | $340.00M | - | $214.00M | $318.00M | $351.00M | $380.00M | $237.00M | $280.00M | $332.00M | $329.00M | $258.00M | $235.00M | $296.00M |
| Avg Forecast | $319.59M | $449.64M | $437.80M | $330.34M | $319.30M | $428.33M | $429.91M | $298.68M | $312.34M | $416.80M | $424.59M | $286.26M | $291.00M | $365.50M | $375.59M | $276.75M | $359.75M | $403.25M | $418.96M | $299.24M | $324.64M | $393.14M | $373.39M | $269.46M | $286.09M | $377.64M | $346.35M | $256.01M | $282.24M | $319.90M |
| High Forecast | $319.59M | $449.64M | $437.80M | $330.34M | $319.30M | $428.33M | $429.91M | $298.68M | $312.34M | $462.49M | $424.59M | $286.26M | $323.27M | $365.50M | $375.59M | $276.75M | $359.75M | $403.25M | $418.96M | $355.16M | $385.30M | $466.60M | $443.16M | $319.81M | $339.55M | $448.21M | $411.07M | $303.85M | $334.99M | $379.68M |
| Low Forecast | $319.59M | $449.64M | $437.80M | $330.34M | $319.30M | $428.33M | $429.91M | $298.68M | $312.34M | $364.76M | $424.59M | $286.26M | $274.67M | $365.50M | $375.59M | $276.75M | $359.75M | $403.25M | $418.96M | $241.16M | $261.62M | $316.83M | $300.91M | $217.16M | $230.56M | $304.34M | $279.13M | $206.32M | $227.46M | $257.81M |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | - | - | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | - | - |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.02% | 1.08% | 1.04% | 0.74% | 0.84% | - | 0.72% | 0.98% | 0.89% | 1.02% | 0.88% | 0.98% | 0.88% | 0.95% | 1.01% | 0.83% | 0.93% |
Clearway Energy's average Quarter revenue forecast for Dec 23 based on 3 analysts is $291.00M, with a low forecast of $274.67M, and a high forecast of $323.27M. CWEN's average Quarter revenue forecast represents a -21.56% decrease compared to the company's last Quarter revenue of $371.00M (Sep 23).
Clearway Energy 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 | Jul 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 | 1 | 1 | 3 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | - | - | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | - | - |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | $158.00M | $338.00M | $222.00M | $219.00M | $294.00M | - | $119.00M | $257.00M | $274.00M | $309.00M | $190.00M | $191.00M | $252.00M | $285.00M | $242.00M | $199.00M | $265.00M |
| Avg Forecast | $248.57M | $349.72M | $340.52M | $256.94M | $248.35M | $333.15M | $334.38M | $232.31M | $242.93M | $324.18M | $330.24M | $123.98M | $226.33M | $284.28M | $292.13M | $132.60M | $279.81M | $401.85M | $325.86M | $141.82M | $252.50M | $305.78M | $290.42M | $209.58M | $222.52M | $293.73M | $269.39M | $199.12M | $219.53M | $248.81M |
| High Forecast | $248.57M | $349.72M | $340.52M | $256.94M | $248.35M | $333.15M | $334.38M | $232.31M | $242.93M | $359.72M | $330.24M | $148.78M | $251.44M | $284.28M | $292.13M | $159.12M | $279.81M | $482.22M | $325.86M | $170.18M | $299.68M | $362.92M | $344.68M | $248.75M | $264.10M | $348.61M | $319.73M | $236.33M | $260.55M | $295.31M |
| Low Forecast | $248.57M | $349.72M | $340.52M | $256.94M | $248.35M | $333.15M | $334.38M | $232.31M | $242.93M | $283.71M | $330.24M | $99.18M | $213.63M | $284.28M | $292.13M | $106.08M | $279.81M | $321.48M | $325.86M | $113.45M | $203.49M | $246.43M | $234.05M | $168.90M | $179.33M | $236.71M | $217.10M | $160.47M | $176.92M | $200.52M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.56% | 1.16% | 1.67% | 0.78% | 0.73% | - | 0.84% | 1.02% | 0.90% | 1.06% | 0.91% | 0.86% | 0.86% | 1.06% | 1.22% | 0.91% | 1.07% |
3 analysts predict CWEN's average Quarter EBITDA for Dec 23 to be $226.33M, with a high of $251.44M and a low of $213.63M. This is 43.25% upper than Clearway Energy's previous annual EBITDA (Sep 23) of $158.00M.
Clearway Energy 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 | Jul 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 | 1 | 1 | 3 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | - | - | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | - | - |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | $15.00M | $38.00M | $-40.00M | $-54.00M | $62.00M | - | $-97.00M | $-56.00M | $21.00M | $35.00M | $3.00M | $-25.00M | $32.00M | $47.00M | $-29.00M | $-6.00M | $39.00M |
| Avg Forecast | $-24.61M | $144.05M | $109.96M | $-28.27M | $-13.41M | $79.17M | $64.13M | $-34.94M | $-18.96M | $65.54M | $67.53M | $-22.04M | $4.43M | $73.16M | $70.99M | $-23.57M | $-349.25M | $30.80M | $57.91M | $-25.21M | $-17.36M | $32.94M | $45.00M | $-21.06M | $101.01M | $85.80M | $83.46M | $-4.29M | $51.77M | $66.69M |
| High Forecast | $-24.61M | $144.05M | $109.96M | $-28.27M | $-13.41M | $79.17M | $64.13M | $-34.94M | $-18.96M | $135.01M | $67.53M | $-17.63M | $10.80M | $73.16M | $70.99M | $-18.86M | $-349.25M | $36.96M | $57.91M | $-20.17M | $-13.89M | $39.53M | $54.00M | $-15.75M | $125.55M | $106.64M | $103.73M | $-3.21M | $64.35M | $82.89M |
| Low Forecast | $-24.61M | $144.05M | $109.96M | $-28.27M | $-13.41M | $79.17M | $64.13M | $-34.94M | $-18.96M | $6.55M | $67.53M | $-26.45M | $553.95K | $73.16M | $70.99M | $-28.29M | $-349.25M | $24.64M | $57.91M | $-30.25M | $-20.84M | $26.35M | $36.00M | $-26.18M | $75.52M | $64.15M | $62.40M | $-5.33M | $38.71M | $49.86M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.21% | 0.54% | 1.70% | 0.15% | 2.01% | - | 3.85% | 3.22% | 0.64% | 0.78% | -0.14% | -0.25% | 0.37% | 0.56% | 6.76% | -0.12% | 0.58% |
Clearway Energy's average Quarter net income forecast for Dec 23 is $4.43M, with a range of $553.95K to $10.80M. CWEN's average Quarter net income forecast represents a -70.46% decrease compared to the company's last Quarter net income of $15.00M (Sep 23).
Clearway Energy 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 | Jul 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 | 1 | 1 | 3 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | - | - | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | - | - |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | $9.00M | $9.00M | $10.00M | $9.00M | $8.00M | - | $12.00M | $10.00M | $10.00M | $10.00M | $10.00M | $4.00M | $9.00M | $12.00M | $9.00M | $120.00M | $119.00M |
| Avg Forecast | $9.50M | $13.36M | $13.01M | $9.82M | $9.49M | $12.73M | $12.77M | $8.88M | $9.28M | $12.38M | $12.62M | $8.27M | $8.65M | $10.86M | $11.16M | $8.84M | $10.69M | $14.67M | $12.45M | $9.45M | $21.71M | $15.69M | $12.86M | $8.01M | $8.50M | $11.22M | $10.29M | $7.61M | $8.39M | $9.51M |
| High Forecast | $9.50M | $13.36M | $13.01M | $9.82M | $9.49M | $12.73M | $12.77M | $8.88M | $9.28M | $13.74M | $12.62M | $9.92M | $9.61M | $10.86M | $11.16M | $10.61M | $10.69M | $17.60M | $12.45M | $11.35M | $26.05M | $18.82M | $15.43M | $9.50M | $10.09M | $13.32M | $12.21M | $9.03M | $9.95M | $11.28M |
| Low Forecast | $9.50M | $13.36M | $13.01M | $9.82M | $9.49M | $12.73M | $12.77M | $8.88M | $9.28M | $10.84M | $12.62M | $6.61M | $8.16M | $10.86M | $11.16M | $7.07M | $10.69M | $11.73M | $12.45M | $7.56M | $17.36M | $12.55M | $10.29M | $6.45M | $6.85M | $9.04M | $8.29M | $6.13M | $6.76M | $7.66M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.83% | 0.81% | 1.13% | 0.84% | 0.55% | - | 1.27% | 0.46% | 0.64% | 0.78% | 1.25% | 0.47% | 0.80% | 1.17% | 1.18% | 14.31% | 12.52% |
Clearway Energy's average Quarter SG&A projection for Dec 23 is $8.65M, based on 3 Wall Street analysts, with a range of $8.16M to $9.61M. The forecast indicates a -3.92% fall compared to CWEN last annual SG&A of $9.00M (Sep 23).
Clearway Energy 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 | Jul 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 | 1 | 1 | 3 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | - | - | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | - | - |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | $0.43 | $0.33 | $-0.34 | $-1.54 | $0.53 | - | $-0.83 | $-0.48 | $0.18 | $0.30 | $0.03 | $-0.22 | $0.27 | $0.41 | $-0.26 | $-0.06 | $0.36 |
| Avg Forecast | $-0.21 | $1.23 | $0.94 | $-0.24 | $-0.11 | $0.68 | $0.55 | $-0.30 | $-0.16 | $0.56 | $0.58 | $-0.25 | $0.04 | $0.63 | $0.61 | $-0.15 | $-2.98 | $0.42 | $0.49 | $-0.15 | $0.13 | $0.87 | $0.46 | $-0.18 | $0.86 | $0.73 | $0.71 | $-0.04 | $0.44 | $0.57 |
| High Forecast | $-0.21 | $1.23 | $0.94 | $-0.24 | $-0.11 | $0.68 | $0.55 | $-0.30 | $-0.16 | $1.15 | $0.58 | $-0.25 | $0.09 | $0.63 | $0.61 | $-0.15 | $-2.98 | $0.42 | $0.49 | $-0.11 | $0.16 | $1.08 | $0.57 | $-0.13 | $1.07 | $0.91 | $0.89 | $-0.03 | $0.55 | $0.71 |
| Low Forecast | $-0.21 | $1.23 | $0.94 | $-0.24 | $-0.11 | $0.68 | $0.55 | $-0.30 | $-0.16 | $0.06 | $0.58 | $-0.25 | - | $0.63 | $0.61 | $-0.15 | $-2.98 | $0.42 | $0.49 | $-0.18 | $0.10 | $0.65 | $0.34 | $-0.22 | $0.65 | $0.55 | $0.53 | $-0.05 | $0.33 | $0.43 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.69% | 0.54% | 2.22% | 0.52% | 1.27% | - | 5.58% | -3.64% | 0.21% | 0.65% | -0.17% | -0.25% | 0.37% | 0.57% | 7.09% | -0.13% | 0.63% |
According to 3 Wall Street analysts, Clearway Energy's projected average Quarter EPS for Dec 23 is $0.04, with a low estimate of - and a high estimate of $0.09. This represents a -91.19% decrease compared to CWEN previous annual EPS of $0.43 (Sep 23).
Clearway Energy Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| NEP | NextEra Energy Partners, LP | $26.34 | $52.63 | 99.81% | Hold |
| BEP | Brookfield Renewable Partners | $26.17 | $37.12 | 41.84% | Buy |
| AQN | Algonquin Power & Utilities | $5.50 | $7.53 | 36.91% | Hold |
| CWEN | Clearway Energy | $29.16 | $35.00 | 20.03% | Buy |
| AY | Atlantica Sustainable Infrastructure | $21.93 | $25.40 | 15.82% | Hold |
CWEN Forecast FAQ
Is Clearway Energy a good buy?
Yes, according to 10 Wall Street analysts, Clearway Energy (CWEN) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 6 'Buy' recommendations, accounting for 60.00% of CWEN's total ratings.
What is CWEN's price target?
Clearway Energy (CWEN) average price target is $35 with a range of $30 to $40, implying a 20.03% from its last price of $29.16. The data is based on 10 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Clearway Energy stock go up soon?
According to Wall Street analysts' prediction for CWEN stock, the company can go up by 20.03% (from the last price of $29.16 to the average price target of $35), up by 37.17% based on the highest stock price target, and up by 2.88% based on the lowest stock price target.
Can Clearway Energy stock reach $40?
CWEN's average twelve months analyst stock price target of $35 does not support the claim that Clearway Energy can reach $40 in the near future.
What are Clearway Energy's analysts' financial forecasts?
Clearway Energy's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $1.48B (high $1.48B, low $1.48B), average EBITDA is $1.15B (high $1.15B, low $1.15B), average net income is $94.95M (high $94.95M, low $94.95M), average SG&A $43.86M (high $43.86M, low $43.86M), and average EPS is $0.812 (high $0.812, low $0.812). CWEN's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $1.54B (high $1.54B, low $1.54B), average EBITDA is $1.2B (high $1.2B, low $1.2B), average net income is $201.13M (high $201.13M, low $201.13M), average SG&A $45.68M (high $45.68M, low $45.68M), and average EPS is $1.72 (high $1.72, low $1.72).
Did the CWEN's actual financial results beat the analysts' financial forecasts?
Based on Clearway Energy's last annual report (Dec 2023), the company's revenue was $1.31B, beating the average analysts forecast of $1.31B by 0.39%. Apple's EBITDA was $213M, missing the average prediction of $935.34M by -77.23%. The company's net income was $79M, missing the average estimation of $125.01M by -36.80%. Apple's SG&A was $36M, missing the average forecast of $39.51M by -8.88%. Lastly, the company's EPS was $0.96, missing the average prediction of $1.12 by -14.04%. In terms of the last quarterly report (Sep 2023), Clearway Energy's revenue was $371M, beating the average analysts' forecast of $365.5M by 1.51%. The company's EBITDA was $158M, missing the average prediction of $284.28M by -44.42%. Clearway Energy's net income was $15M, missing the average estimation of $73.16M by -79.50%. The company's SG&A was $9M, missing the average forecast of $10.86M by -17.13%. Lastly, the company's EPS was $0.43, missing the average prediction of $0.625 by -31.24%