Clearway Energy (CWEN) Stock Forecast, Price Target & Predictions

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CWEN Stock Forecast

Clearway Energy stock forecast is as follows: an average price target of $35.00 (represents a 25.99% upside from CWEN’s last price of $27.78) and a rating consensus of 'Buy', based on 13 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 13 Wall Street analysts in the past 3 months, with a price target range of $40.00 to $30.00. This represents a potential 25.99% upside from CWEN's last price of $27.78.

CWEN Analyst Ratings

Buy

According to 13 Wall Street analysts, Clearway Energy's rating consensus is 'Buy'. The analyst rating breakdown for CWEN stock is 0 'Strong Buy' (0.00%), 9 'Buy' (69.23%), 4 'Hold' (30.77%), 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
Sep 20, 2024	Julien Dumoulin-Smith	Jefferies	$35.00	$29.07	20.40%	25.99%
Jul 31, 2024	Robert Kad	Morgan Stanley	$36.00	$26.33	36.73%	29.59%
May 14, 2024	Michael Lonegan	Evercore ISI	$30.00	$26.89	11.57%	7.99%
Jul 19, 2023	Noah Kaye	Oppenheimer	$40.00	$27.14	47.38%	43.99%
Feb 14, 2023	Shelby Tucker	RBC Capital	$34.00	$33.06	2.83%	22.39%

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The latest Clearway Energy stock forecast, released on Sep 20, 2024 by Julien Dumoulin-Smith from Jefferies, set a price target of $35.00, which represents a 20.40% increase from the stock price at the time of the forecast ($29.07), and a 25.99% increase from CWEN last price ($27.78).

Clearway Energy Price Target by Period

	1M	3M	12M
# Anlaysts	-	1	3
Avg Price Target	-	$35.00	$33.67
Last Closing Price	$27.78	$27.78	$27.78
Upside/Downside	-100.00%	25.99%	21.20%

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 $27.78. 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
Oct 22, 2024	CIBC	Outperform	Outperform	Hold
Oct 01, 2024	Exane BNP Paribas	-	Outperform	Initialise
Sep 20, 2024	Jefferies	-	Buy	Initialise
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	Oppenheimer	Outperform	Perform	Downgrade
Oct 06, 2023	Citigroup	-	Neutral	Initialise

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Clearway Energy's last stock rating was published by CIBC on Oct 22, 2024. The company gave CWEN a "Outperform" rating, the same as its previous rate.

Clearway Energy Financial Forecast

Clearway Energy Revenue Forecast

	Dec 27	Sep 27	Jun 27	Mar 27	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
Revenue	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$371.00M	$406.00M	$288.00M	$268.00M	$340.00M	$368.00M	$214.00M	$318.00M	$351.00M	$380.00M	$237.00M	$280.00M	$332.00M
Avg Forecast	$241.28M	$562.40M	$423.54M	$304.35M	$276.55M	$494.15M	$417.15M	$302.95M	$284.75M	$455.56M	$412.92M	$286.47M	$299.03M	$417.55M	$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
High Forecast	$275.66M	$642.55M	$483.89M	$347.72M	$315.96M	$564.57M	$476.59M	$346.12M	$325.33M	$520.47M	$471.76M	$350.55M	$351.56M	$417.92M	$424.59M	$286.26M	$323.27M	$365.50M	$429.11M	$316.19M	$411.01M	$403.25M	$418.96M	$299.24M	$324.64M	$393.14M	$373.39M	$269.46M	$286.09M	$377.64M
Low Forecast	$194.43M	$453.20M	$341.30M	$245.25M	$222.85M	$398.20M	$336.15M	$244.13M	$229.46M	$367.10M	$332.75M	$253.10M	$203.69M	$417.17M	$424.59M	$286.26M	$274.67M	$365.50M	$302.66M	$223.02M	$289.89M	$403.25M	$418.96M	$299.24M	$324.64M	$393.14M	$373.39M	$269.46M	$286.09M	$377.64M
# Analysts	1	1	1	1	1	1	1	1	1	1	1	3	5	4	1	1	3	1	1	1	1	1	1	1	1	1	1	1	1	1
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1.02%	1.08%	1.04%	0.74%	0.84%	0.88%	0.72%	0.98%	0.89%	1.02%	0.88%	0.98%	0.88%

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 27	Sep 27	Jun 27	Mar 27	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
# Analysts	1	1	1	1	1	1	1	1	1	1	1	3	5	4	1	1	3	1	1	1	1	1	1	1	1	1	1	1	1	1
EBITDA	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$158.00M	$338.00M	$222.00M	$219.00M	$294.00M	$259.00M	$119.00M	$257.00M	$274.00M	$309.00M	$190.00M	$191.00M	$252.00M
Avg Forecast	$188.23M	$438.74M	$330.41M	$237.42M	$215.74M	$385.49M	$325.42M	$236.33M	$222.14M	$355.38M	$322.13M	$223.48M	$233.28M	$325.73M	$331.22M	$123.98M	$227.01M	$285.13M	$293.00M	$132.60M	$280.64M	$313.64M	$325.86M	$141.82M	$252.50M	$305.78M	$290.42M	$209.58M	$222.52M	$293.73M
High Forecast	$215.05M	$501.26M	$377.49M	$271.26M	$246.48M	$440.42M	$371.79M	$270.01M	$253.79M	$406.02M	$368.03M	$273.47M	$274.26M	$326.03M	$331.22M	$148.78M	$252.19M	$285.13M	$334.75M	$159.12M	$320.63M	$313.64M	$325.86M	$170.18M	$252.50M	$305.78M	$290.42M	$209.58M	$222.52M	$293.73M
Low Forecast	$151.68M	$353.55M	$266.25M	$191.32M	$173.85M	$310.64M	$262.23M	$190.44M	$179.01M	$286.38M	$259.58M	$197.45M	$158.90M	$325.44M	$331.22M	$99.18M	$214.27M	$285.13M	$236.11M	$106.08M	$226.15M	$313.64M	$325.86M	$113.45M	$252.50M	$305.78M	$290.42M	$209.58M	$222.52M	$293.73M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.55%	1.15%	1.67%	0.78%	0.94%	0.79%	0.84%	1.02%	0.90%	1.06%	0.91%	0.86%	0.86%

3 analysts predict CWEN's average Quarter EBITDA for Dec 23 to be $227.01M, with a high of $252.19M and a low of $214.27M. This is 43.68% upper than Clearway Energy's previous annual EBITDA (Sep 23) of $158.00M.

Clearway Energy Net Income Forecast

	Dec 27	Sep 27	Jun 27	Mar 27	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
# Analysts	1	1	1	1	1	1	1	1	1	1	1	3	5	4	1	1	3	1	1	1	1	1	1	1	1	1	1	1	1	1
Net Income	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$15.00M	$38.00M	$-40.00M	$-54.00M	$62.00M	$1.15B	$-97.00M	$-56.00M	$21.00M	$35.00M	$3.00M	$-25.00M	$32.00M
Avg Forecast	-	-	-	-	$-18.93M	$141.46M	$105.14M	$-31.74M	$-28.66M	$71.81M	$60.50M	$-44.59M	$5.29M	$63.03M	$68.10M	$-22.04M	$4.47M	$73.79M	$71.59M	$-23.57M	$-19.10M	$48.83M	$57.91M	$-25.21M	$15.43M	$101.99M	$45.00M	$-21.06M	$101.01M	$85.80M
High Forecast	-	-	-	-	$-14.15M	$167.67M	$124.62M	$-23.73M	$-21.43M	$85.11M	$71.70M	$-1.14M	$26.43M	$64.55M	$68.11M	$-17.63M	$10.89M	$73.81M	$84.85M	$-18.86M	$-15.28M	$48.83M	$57.91M	$-20.17M	$15.43M	$101.99M	$54.00M	$-21.06M	$101.01M	$85.80M
Low Forecast	-	-	-	-	$-22.43M	$105.75M	$78.60M	$-37.62M	$-33.97M	$53.68M	$45.23M	$-101.75M	$-10.57M	$61.50M	$68.10M	$-26.45M	$558.68K	$73.77M	$53.52M	$-28.29M	$-22.92M	$48.83M	$57.91M	$-30.25M	$15.43M	$101.99M	$36.00M	$-21.06M	$101.01M	$85.80M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.20%	0.53%	1.70%	2.83%	1.27%	19.84%	3.85%	-3.63%	0.21%	0.78%	-0.14%	-0.25%	0.37%

Clearway Energy's average Quarter net income forecast for Dec 23 is $4.47M, with a range of $558.68K to $10.89M. CWEN's average Quarter net income forecast represents a -70.20% decrease compared to the company's last Quarter net income of $15.00M (Sep 23).

Clearway Energy SG&A Forecast

	Dec 27	Sep 27	Jun 27	Mar 27	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
# Analysts	1	1	1	1	1	1	1	1	1	1	1	3	5	4	1	1	3	1	1	1	1	1	1	1	1	1	1	1	1	1
SG&A	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$9.00M	$9.00M	$10.00M	$9.00M	$8.00M	$11.00M	$12.00M	$10.00M	$10.00M	$10.00M	$10.00M	$4.00M	$9.00M
Avg Forecast	$7.17M	$16.71M	$12.59M	$9.04M	$8.22M	$14.68M	$12.40M	$9.00M	$8.46M	$13.54M	$12.27M	$8.51M	$8.89M	$12.41M	$12.62M	$8.27M	$8.65M	$10.86M	$11.16M	$8.84M	$23.88M	$11.98M	$12.45M	$9.45M	$9.65M	$11.68M	$12.86M	$8.01M	$8.50M	$11.22M
High Forecast	$8.19M	$19.09M	$14.38M	$10.33M	$9.39M	$16.78M	$14.16M	$10.28M	$9.67M	$15.47M	$14.02M	$10.42M	$10.45M	$12.42M	$12.62M	$9.92M	$9.61M	$10.86M	$12.75M	$10.61M	$28.65M	$11.98M	$12.45M	$11.35M	$9.65M	$11.68M	$15.43M	$8.01M	$8.50M	$11.22M
Low Forecast	$5.78M	$13.47M	$10.14M	$7.29M	$6.62M	$11.83M	$9.99M	$7.25M	$6.82M	$10.91M	$9.89M	$7.52M	$6.05M	$12.40M	$12.62M	$6.61M	$8.16M	$10.86M	$8.99M	$7.07M	$19.10M	$11.98M	$12.45M	$7.56M	$9.65M	$11.68M	$10.29M	$8.01M	$8.50M	$11.22M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.83%	0.81%	1.13%	0.38%	0.67%	0.88%	1.27%	1.04%	0.86%	0.78%	1.25%	0.47%	0.80%

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 27	Sep 27	Jun 27	Mar 27	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
# Analysts	1	1	1	1	1	1	1	1	1	1	1	3	5	4	1	1	3	1	1	1	1	1	1	1	1	1	1	1	1	1
EPS	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$0.43	$0.33	$-0.34	$-1.54	$0.53	$9.82	$-0.83	$-0.48	$0.18	$0.30	$0.03	$-0.22	$0.27
Avg Forecast	-	-	-	-	$-0.16	$1.20	$0.89	$-0.27	$-0.24	$0.61	$0.51	$-0.38	$0.04	$0.53	$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
High Forecast	-	-	-	-	$-0.12	$1.42	$1.06	$-0.20	$-0.18	$0.72	$0.61	$-0.01	$0.22	$0.55	$0.58	$-0.19	$0.09	$0.63	$0.72	$-0.11	$-2.23	$0.42	$0.49	$-0.15	$0.13	$0.87	$0.46	$-0.18	$0.86	$0.73
Low Forecast	-	-	-	-	$-0.19	$0.90	$0.67	$-0.32	$-0.29	$0.45	$0.38	$-0.86	$-0.09	$0.52	$0.58	$-0.29	-	$0.63	$0.45	$-0.18	$-3.54	$0.42	$0.49	$-0.15	$0.13	$0.87	$0.46	$-0.18	$0.86	$0.73
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.69%	0.54%	2.22%	0.52%	1.27%	19.84%	5.58%	-3.64%	0.21%	0.65%	-0.17%	-0.25%	0.37%

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	$46.00	74.64%	Hold
AQN	Algonquin Power & Utilities	$4.79	$7.25	51.36%	Hold
BEP	Brookfield Renewable Partners	$25.32	$35.33	39.53%	Buy
CWEN	Clearway Energy	$27.78	$35.00	25.99%	Buy
AY	Atlantica Sustainable Infrastructure	$22.13	$25.40	14.78%	Hold

CWEN Forecast FAQ

Is Clearway Energy a good buy?

Yes, according to 13 Wall Street analysts, Clearway Energy (CWEN) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 9 'Buy' recommendations, accounting for 69.23% 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 25.99% from its last price of $27.78. The data is based on 13 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 25.99% (from the last price of $27.78 to the average price target of $35), up by 43.99% based on the highest stock price target, and up by 7.99% 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 2026) are as follows: average revenue is $1.49B (high $1.7B, low $1.2B), average EBITDA is $1.16B (high $1.33B, low $937.17M), average net income is $195.94M (high $254.41M, low $124.3M), average SG&A $44.3M (high $50.61M, low $35.7M), and average EPS is $1.66 (high $2.16, low $1.05). CWEN's analysts financial forecasts for the fiscal year (Dec 2027) are as follows: average revenue is $1.53B (high $1.75B, low $1.23B), average EBITDA is $1.19B (high $1.37B, low $962.8M), average net income is $0 (high $0, low $0), average SG&A $45.51M (high $52M, low $36.67M), and average EPS is $0 (high $0, low $0).

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 $937.73M by -77.29%. The company's net income was $79M, missing the average estimation of $126.28M by -37.44%. 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 $285.13M by -44.59%. Clearway Energy's net income was $15M, missing the average estimation of $73.79M by -79.67%. 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%