Clearway Energy Inc. shares rose by 3.02% as the stock reached a 20-day high amid positive developments in its business operations.
The company has signed three long-term power purchase agreements with Google, covering 1.17 gigawatts of carbon-free energy projects, representing an investment of over $2.4 billion. This significant deal enhances Clearway's competitive position in the renewable energy market, with construction expected to begin this year and initial projects anticipated to come online in 2027 and 2028. Additionally, Clearway's subsidiary recently priced a $600 million offering of senior notes, further improving its financial flexibility.
These agreements not only solidify Clearway's partnership with Google but also position the company for future growth in the renewable energy sector, reflecting strong market confidence and potential for increased revenue.
Wall Street analysts forecast CWEN stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for CWEN is 39.29 USD with a low forecast of 34.00 USD and a high forecast of 50.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
7 Analyst Rating
Wall Street analysts forecast CWEN stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for CWEN is 39.29 USD with a low forecast of 34.00 USD and a high forecast of 50.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
6 Buy
1 Hold
0 Sell
Strong Buy
Current: 36.270
Low
34.00
Averages
39.29
High
50.00
Current: 36.270
Low
34.00
Averages
39.29
High
50.00
CIBC
Neutral -> Outperformer
upgrade
$38
2025-12-16
Reason
CIBC
Price Target
$38
AI Analysis
2025-12-16
upgrade
Neutral -> Outperformer
Reason
CIBC upgraded Clearway Energy to Outperformer from Neutral with a $38 price target.
BofA
Buy
maintain
$37 -> $38
2025-12-10
Reason
BofA
Price Target
$37 -> $38
2025-12-10
maintain
Buy
Reason
BofA raised the firm's price target on Clearway Energy to $38 from $37 and keeps a Buy rating on the shares after having hosted an investor fireside chat with CEO Craig Cornelius, who emphasized Clearway's strong visibility for 7%-8% annual cash available for distribution per share growth from 2025 through 2030. As a result, the firm increased its cash available for distribution per share estimates for 2026-2027 "slightly," the analyst tells investors.
Unlock Full Analyst Thesis， Get the complete breakdown of rating reason for CWEN
Unlock Now
UBS
Jon Windham
Buy
maintain
$35 -> $39
2025-12-10
Reason
UBS
Jon Windham
Price Target
$35 -> $39
2025-12-10
maintain
Buy
Reason
UBS analyst Jon Windham raised the firm's price target on Clearway Energy to $39 from $35 and keeps a Buy rating on the shares. The firm updated its model following the Q3 report. Clearway Energy has has relatively strong visibility to achieving its long-term cash available for distribution targets given a significant supply-demand imbalance for renewables projects broadly and growing electricity demand from AI data centers, the analyst tells investors in a research note.
Morgan Stanley
Robert Kad
Overweight
maintain
$47 -> $50
2025-12-02
Reason
Morgan Stanley
Robert Kad
Price Target
$47 -> $50
2025-12-02
maintain
Overweight
Reason
Morgan Stanley analyst Robert Kad raised the firm's price target on Clearway Energy to $50 from $47 and keeps an Overweight rating on the shares. The firm is updating its price targets for North American Midstream & Renewable Energy Infrastructure stocks under its coverage, the analyst tells investors. While the framework agreement for a Canadian crude oil pipeline project and oil sands carbon capture has been finally reached, there are several unknowns that remain, the firm adds.
About CWEN
Clearway Energy, Inc. is the owner of clean energy generation assets. It invests in energy infrastructure and focuses on investments in clean energy and owns sustainable and long-term contracted assets across North America. Its portfolio comprises approximately 12.7 gigawatts (GW) of gross capacity in 27 states, including 9.9 GW of wind, solar, and energy storage and over 2.8 GW of dispatchable power generation providing critical grid reliability services. Its operating facilities include Carlsbad, El Segundo, GenConn Devon, GenConn Middletown, Marsh Landing and Walnut Creek. Its utility-scale solar projects include Agua Caliente, Alpine, Avenal, Avra Valley, Blythe, Daggett 3, Desert Sunlight 250, Kansas South, and others. Its wind projects include Black Rock, Buffalo Bear, Cedro Hill, and others. It also operates the 137-megawatt (MW) Tuolumne Wind Project in Klickitat County, Washington and the 109 MW Catalina Solar facility in Kern County, California.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
