BEPC

Brookfield Renewable Corp

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Advanced Chart

28.460

-0.340(-1.180%)

Overview
Forecast
Valuation

Line

Candle

YTD

High

28.725

Open

28.660

VWAP

28.34

Vol

1.34M

Mkt Cap

5.11B

Low

27.920

Amount

37.86M

EV/EBITDA(TTM)

11.14

Total Shares

179.65M

29.21B

EV/OCF(TTM)

53.21

P/S(TTM)

2.60

Brookfield Renewable Corp. operates renewable power platforms. The Company’s portfolio consists of hydroelectric, wind, solar and storage facilities in North America, South America, Europe and Asia. The Company has approximately 31,300 megawatts of installed capacity and a development pipeline with approximately 134,400 megawatts. The Company’s businesses include Renewable Power & Transition, Infrastructure, Private Equity, Real Estate, Credit and Insurance Solutions. The Company’s Renewable Power & Transition business operates across five continents, managing a diverse portfolio of hydro, wind, solar, distributed energy and sustainable solutions. Its Infrastructure business owns and operates assets across the transport, data, utilities and midstream sectors. Its Private Equity business sectors include business services, infrastructure services and industrials. Its Real Estate business sectors include housing, logistics, hospitality, science & innovation, office and retail.

Market Estimates

Earnings Estimates

Revenue

YoY Chg

EPS

YoYChg

FY2025Q1

FY2025Q2

FY2025Q3

1.56B

+38.76%

-0.245

+468.45%

1.64B

+66%

-0.400

+238.47%

1.56B

+49.98%

-0.235

+114.42%

Estimates Revision

The market is revising Downward the revenue expectations for Brookfield Renewable Corporation (BEPC) for FY2025, with the revenue forecasts being adjusted by -5.42% over the past three months. During the same period, the stock price has changed by 11.56%.

Revenue Estimates for FY2025

Revise Downward

-5.42%

In Past 3 Month

EPS Estimates for FY2025

Revise Downward

-32.57%

In Past 3 Month

Stock Price

Go Up

+11.56%

In Past 3 Month

4 Analyst Rating

16.83% Upside

Wall Street analysts forecast BEPC stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for BEPC is 33.25 USD with a low forecast of 31.00 USD and a high forecast of 35.00 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.

3 Buy

1 Hold

0 Sell

Strong Buy

16.83% Upside

Current: 28.460

Low

31.00

Averages

33.25

High

35.00

16.83% Upside

Current: 28.460

Low

31.00

Averages

33.25

High

35.00

Barclays

Christine Cho

Hold

Initiates

$31

2025-04-03

Reason

Barclays

Christine Cho

Price Target

$31

2025-04-03

Initiates

Hold

Reason

Barclays initiated coverage of Brookfield Renewable (BEPC) with an Equal Weight rating and $31 price target. The shares have typically traded at a premium to Brookfield Renewable Partners (BEP), likely due to investor preference for C-Corp treatment versus partnership treatment, the analyst tells investors in a research note. The firm says that while a small premium is warranted it is not clear why the premium is as wide as it is today as each Brookfield Renewable exchangeable share is intended to provide the same economic return as Brookfield Renewable Partners.

Wells Fargo

Jonathan Reeder

Buy

Maintains

$35 → $33

2025-02-03

Reason

Wells Fargo

Jonathan Reeder

Price Target

$35 → $33

2025-02-03

Maintains

Buy

Reason

JP Morgan

Mark Strouse

Buy

Maintains

$34 → $32

2025-01-23

Reason

JP Morgan

Mark Strouse

Price Target

$34 → $32

2025-01-23

Maintains

Buy

Reason

JPMorgan lowered the firm's price target on Brookfield Renewable to $32 from $34 and keeps an Overweight rating on the shares as part of a Q4 earnings preview for the clean energy space. The firm continues to expect the space to remain volatile until there is better clarity into potential Inflation Reduction Act changes, which it believes could drag into the latter half of the year for certain subsectors and incentives. Fundamentally, JPMorgan continues to favor utility-scale over residential given its view that the recent spike in interest rates is relatively more negative for residential, though it notes that utility-scale challenges also remain including permitting and interconnection timing and availability of transformers.

JP Morgan

Mark Strouse

Hold

Buy

Upgrades

$32 → $34

2024-12-12

Reason

JP Morgan

Mark Strouse

Price Target

$32 → $34

2024-12-12

Upgrades

Hold

Buy

Reason

JPMorgan analyst Mark Strouse upgraded Brookfield Renewable to Overweight from Neutral with a price target of $34, up from $32. The company's leading access to capital positions it to accelerate investment in projects and its scale and diversification "provide a relative safe haven in the sector," the analyst tells investors in a research note. The firm says demand for de-risked, operational assets from low cost capital organizations is strong, supporting Brookfield's expectation that fiscal 2024 capital recycling will reach record levels.

JP Morgan

Mark Strouse

Hold

Maintains

$34 → $32

2024-10-17

Reason

JP Morgan

Mark Strouse

Price Target

$34 → $32

2024-10-17

Maintains

Hold

Reason

JPMorgan lowered the firm's price target on Brookfield Renewable to $32 from $34 and keeps a Neutral rating on the shares. The firm believes the set-up for the clean energy sector "tilts negative" heading into the Q3 reports. While companies that miss results and guidance will likely see selling pressure, those that beat could see a limited gain before being faded heading into the November 5 U.S. election, the analyst tells investors in a research note. Given its view that many investors are sitting on the sidelines and limiting headline risk leading up to the election, JPMorgan believes any scenario other than a Republican sweep could lead to a "broad-based relief rally." Assuming no major shake-up from the election and heading into fiscal 2025, the firm is "becoming increasingly constructive" on U.S. residential solar as costs decline, competing utility prices are stable, and interest rates ease. JPMorgan's top picks are First Solar (FSLR) and HASI (HASI).

JP Morgan

Mark Strouse

Hold

Maintains

$33 → $34

2024-09-25

Reason

JP Morgan

Mark Strouse

Price Target

$33 → $34

2024-09-25

Maintains

Hold

Reason

JPMorgan raised the firm's price target on Brookfield Renewable to $34 from $33 and keeps a Neutral rating on the shares after attending the investor day. The company raised its five-year capital deployment target and stressed confidence in its funds from operations growth targets, supported by a record pipeline, the analyst tells investors in a research note. The firm says Brookfield continues to see strong demand for clean power, particularly from large technology companies, and argued that the cost competitiveness of renewables makes it the first choice before considering alternative forms of generation such as nuclear or natural gas.

See All Ratings

Valuation Metrics

The current forward P/E ratio for Brookfield Renewable Corp (BEPC.N) is -24.85, compared to its 5-year average forward P/E of -81.41. For a more detailed relative valuation and DCF analysis to assess Brookfield Renewable Corp 's fair value, click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.

N/A

5Y Average PE

-81.41

Current PE

-24.85

Overvalued PE

-24.72

Undervalued PE

-138.10

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.

N/A

5Y Average EV/EBITDA

13.84

Current EV/EBITDA

0.00

Overvalued EV/EBITDA

18.97

Undervalued EV/EBITDA

8.70

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.

N/A

5Y Average PS

2.76

Current PS

0.00

Overvalued PS

3.86

Undervalued PS

1.66