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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 $35.50 (represents a 36.33% upside from CWEN’s last price of $26.04) 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 $35.50 based on 1-year price targets from 13 Wall Street analysts in the past 3 months, with a price target range of $36.00 to $35.00. This represents a potential 36.33% upside from CWEN's last price of $26.04.

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

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Sep 20, 2024Julien Dumoulin-SmithJefferies$35.00$29.0720.40%34.41%
Jul 31, 2024Robert KadMorgan Stanley$36.00$26.3336.73%38.25%
May 14, 2024Michael LoneganEvercore ISI$30.00$26.8911.57%15.21%
Jul 19, 2023Noah KayeOppenheimer$40.00$27.1447.38%53.61%
Feb 14, 2023Shelby TuckerRBC Capital$34.00$33.062.83%30.57%

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 34.41% increase from CWEN last price ($26.04).

Clearway Energy Price Target by Period

1M3M12M
# Anlaysts-13
Avg Price Target-$35.00$33.67
Last Closing Price$26.04$26.04$26.04
Upside/Downside-100.00%34.41%29.30%

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 $26.04. 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

DateCompanyPrevious RatingNew RatingRating Change
Oct 22, 2024CIBCOutperformOutperformHold
Oct 01, 2024Exane BNP ParibasOutperformInitialise
Sep 20, 2024JefferiesBuyInitialise
Sep 13, 2024RBC CapitalSector PerformSector PerformHold
Sep 13, 2024BMO CapitalMarket PerformMarket PerformHold
Jul 31, 2024Morgan StanleyOverweightUpgrade
May 14, 2024Evercore ISIOutperformOutperformHold
Nov 16, 2023OppenheimerOutperformOutperformHold
Oct 06, 2023OppenheimerOutperformPerformDowngrade
Oct 06, 2023CitigroupNeutralInitialise
Oct 06, 2023UBSNeutralUpgrade
Oct 06, 2023Keefe, Bruyette & WoodsOutperformUpgrade
Oct 06, 2023Piper SandlerOverweightUpgrade
Oct 06, 2023Cowen & Co.OutperformUpgrade
Jul 19, 2023OppenheimerOutperformOutperformHold
Jun 15, 2023OppenheimerOutperformOutperformHold
Feb 14, 2023RBC CapitalOutperformUpgrade

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 27Sep 27Jun 27Mar 27Dec 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 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$445.41M$412.93M$294.45M$299.82M$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$271.64M$633.16M$476.83M$342.64M$311.35M$556.32M$469.63M$341.07M$320.58M$501.45M$464.88M$350.30M$357.78M$417.92M$424.59M$286.26M$323.27M$365.50M$422.84M$311.57M$405.01M$403.25M$418.96M$299.24M$324.64M$393.14M$373.39M$269.46M$286.09M$377.64M
Low Forecast$204.02M$475.54M$358.13M$257.34M$233.84M$417.83M$352.72M$256.16M$240.78M$376.62M$349.15M$265.13M$202.96M$417.17M$424.59M$286.26M$274.67M$365.50M$317.58M$234.01M$304.19M$403.25M$418.96M$299.24M$324.64M$393.14M$373.39M$269.46M$286.09M$377.64M
# Analysts111111111113541131111111111111
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 27Sep 27Jun 27Mar 27Dec 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 20
# Analysts111111111113541131111111111111
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$347.47M$322.13M$229.70M$233.89M$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$211.91M$493.94M$371.98M$267.29M$242.88M$433.99M$366.36M$266.07M$250.09M$391.18M$362.65M$273.28M$279.11M$326.03M$331.22M$148.78M$252.19M$285.13M$329.86M$159.12M$315.95M$313.64M$325.86M$170.18M$252.50M$305.78M$290.42M$209.58M$222.52M$293.73M
Low Forecast$159.16M$370.98M$279.38M$200.75M$182.42M$325.95M$275.16M$199.83M$187.83M$293.80M$272.38M$206.83M$158.33M$325.44M$331.22M$99.18M$214.27M$285.13M$247.75M$106.08M$237.30M$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 27Sep 27Jun 27Mar 27Dec 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 20
# Analysts111111111113541131111111111111
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$-27.19M$84.35M$57.30M$-44.29M$3.18M$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$85.80M
High Forecast----$-15.13M$164.60M$122.34M$-25.37M$-21.73M$98.15M$66.68M$-1.14M$18.57M$64.55M$68.11M$-17.63M$10.89M$73.81M$83.30M$-18.86M$-15.28M$48.83M$57.91M$-20.17M$15.43M$101.99M$54.00M$-21.06M$101.01M$85.80M
Low Forecast----$-22.02M$113.06M$84.03M$-36.93M$-31.63M$67.41M$45.80M$-101.08M$-7.43M$61.50M$68.10M$-26.45M$558.68K$73.77M$57.22M$-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 27Sep 27Jun 27Mar 27Dec 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 20
# Analysts111111111113541131111111111111
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$13.24M$12.27M$8.75M$8.91M$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$8.07M$18.81M$14.17M$10.18M$9.25M$16.53M$13.95M$10.13M$9.53M$14.90M$13.81M$10.41M$10.63M$12.42M$12.62M$9.92M$9.61M$10.86M$12.56M$10.61M$28.65M$11.98M$12.45M$11.35M$9.65M$11.68M$15.43M$8.01M$8.50M$11.22M
Low Forecast$6.06M$14.13M$10.64M$7.65M$6.95M$12.42M$10.48M$7.61M$7.15M$11.19M$10.37M$7.88M$6.03M$12.40M$12.62M$6.61M$8.16M$10.86M$9.44M$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 27Sep 27Jun 27Mar 27Dec 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 20
# Analysts111111111113541131111111111111
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$-0.23$0.71$0.49$-0.38$0.03$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$0.73
High Forecast----$-0.13$1.39$1.04$-0.21$-0.18$0.83$0.57$-0.01$0.16$0.55$0.58$-0.20$0.09$0.63$0.71$-0.12$-2.39$0.42$0.49$-0.15$0.13$0.87$0.46$-0.18$0.86$0.73
Low Forecast----$-0.19$0.96$0.71$-0.31$-0.27$0.57$0.39$-0.86$-0.06$0.52$0.58$-0.29-$0.63$0.48$-0.18$-3.47$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

TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
CWENClearway Energy$26.10$35.5036.02%Buy
AQNAlgonquin Power & Utilities$4.46$5.8831.84%Hold
BEPBrookfield Renewable Partners$23.51$29.6726.20%Buy
AYAtlantica Sustainable Infrastructure$21.99$25.4015.51%Hold
NEPNextEra Energy Partners, LP$26.34$27.173.15%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 $35.5 with a range of $35 to $36, implying a 36.33% from its last price of $26.04. 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 36.33% (from the last price of $26.04 to the average price target of $35.5), up by 38.25% based on the highest stock price target, and up by 34.41% based on the lowest stock price target.

Can Clearway Energy stock reach $40?

CWEN's average twelve months analyst stock price target of $35.5 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 $1.68B, low $1.26B), average EBITDA is $1.16B (high $1.31B, low $983.37M), average net income is $195.94M (high $246.44M, low $138.14M), average SG&A $44.3M (high $49.87M, low $37.46M), and average EPS is $1.66 (high $2.09, low $1.17). CWEN's analysts financial forecasts for the fiscal year (Dec 2027) are as follows: average revenue is $1.53B (high $1.72B, low $1.3B), average EBITDA is $1.19B (high $1.35B, low $1.01B), average net income is $0 (high $0, low $0), average SG&A $45.51M (high $51.24M, low $38.48M), 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%