Clearway Energy, Inc.

NYSE:CWEN Stock Report

Market Cap: US$7.7b

Clearway Energy Valuation

Is CWEN undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • Below Future Cash Flow Value

  • Significantly Below Future Cash Flow Value

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Analyst Forecast

Share Price vs Future Cash Flow Value

What is the Fair Price of CWEN when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Ultimate guide to DCF valuation for stock investing

Learn how to determine fair value like the best investors in the world.

Below Future Cash Flow Value: CWEN ($36.77) is trading below our estimate of future cash flow value ($124.59)

Significantly Below Future Cash Flow Value: CWEN is trading below future cash flow value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for CWEN?

Key metric: As CWEN is barely profitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for CWEN. This is calculated by dividing CWEN's market cap by their current revenue.
What is CWEN's PS Ratio?
PS Ratio3x
SalesUS$1.49b
Market CapUS$7.73b

Price to Sales Ratio vs Peers

How does CWEN's PS Ratio compare to its peers?

The above table shows the PS ratio for CWEN vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average3.1x
ORA Ormat Technologies
6.7x4.63%US$8.2b
BEPC Brookfield Renewable
3.3x8.80%US$12.4b
RNW ReNew Energy Global
1.6x17.83%US$2.3b
XIFR XPLR Infrastructure
0.9x5.67%US$1.1b
CWEN Clearway Energy
3x8.87%US$7.7b

Price-To-Sales vs Peers: CWEN is expensive based on its Price-To-Sales Ratio (3x) compared to the peer average (2.9x).

Historical Price to Sales Ratio

Historical Price to Sales Ratio compares a stock's price to its sales over time. Higher ratios indicate that investors are willing to pay more for the stock.

Fetching historical data

Price to Sales Ratio vs Industry

How does CWEN's PS Ratio compare vs other companies in the US Renewable Energy Industry?

4 CompaniesPrice / SalesEstimated GrowthMarket Cap
AZRE.F Azure Power Global
0.2xn/aUS$64.17m
SPRU Spruce Power Holding
0.5xn/aUS$51.43m
CPWR Ocean Thermal Energy
0.4xn/aUS$1.20m
NOVA.Q Sunnova Energy International
0.00002xn/aUS$12.51k
No more companies available in this PS range
CWEN 3.0xIndustry Avg. 3.2xNo. of Companies4PS02.44.87.29.612+
4 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: CWEN is good value based on its Price-To-Sales Ratio (3x) compared to the North American Renewable Energy industry average (3.2x).

Price to Sales Ratio vs Fair Ratio

What is CWEN's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

CWEN PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio3x
Fair PS Ratio4.5x

Price-To-Sales vs Fair Ratio: CWEN is good value based on its Price-To-Sales Ratio (3x) compared to the estimated Fair Price-To-Sales Ratio (4.5x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst CWEN forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$36.77
US$43.73
+18.92%
13.86%US$60.00US$34.00n/a11
Jun ’27US$40.35
US$43.73
+8.37%
13.86%US$60.00US$34.00n/a11
May ’27US$40.30
US$41.92
+4.01%
13.12%US$56.00US$34.00n/a12
Apr ’27US$39.91
US$41.23
+3.31%
10.38%US$50.00US$34.00n/a13
Mar ’27US$38.31
US$41.00
+7.02%
10.65%US$50.00US$34.00n/a13
Feb ’27US$36.15
US$39.00
+7.88%
9.91%US$50.00US$34.00n/a13
Jan ’27US$33.26
US$38.77
+16.56%
9.87%US$50.00US$34.00n/a13
Dec ’26US$35.20
US$38.38
+9.05%
8.40%US$47.00US$34.00n/a13
Nov ’26US$31.93
US$37.62
+17.81%
8.94%US$47.00US$34.00n/a13
Oct ’26US$29.84
US$37.33
+25.11%
6.31%US$43.00US$34.00n/a12
Sep ’26US$29.81
US$37.15
+24.64%
6.32%US$43.00US$34.00n/a13
Aug ’26US$32.40
US$36.77
+13.49%
6.14%US$42.00US$33.00n/a13
Jul ’26US$31.56
US$35.94
+13.87%
5.27%US$39.00US$33.00n/a14
Jun ’26US$30.77
US$35.98
+16.94%
5.09%US$39.00US$33.00US$40.3514
May ’26US$28.95
US$35.65
+23.15%
5.98%US$39.00US$32.00US$40.3015
Apr ’26US$30.47
US$35.43
+16.27%
6.72%US$39.00US$32.00US$39.9114
Mar ’26US$28.02
US$35.15
+25.46%
6.39%US$38.00US$32.00US$38.3113
Feb ’26US$25.93
US$34.92
+34.68%
6.50%US$38.00US$32.00US$36.1513
Jan ’26US$26.00
US$34.85
+34.02%
6.83%US$38.00US$31.00US$33.2613
Dec ’25US$29.49
US$34.54
+17.12%
7.15%US$38.00US$30.00US$35.2013
Nov ’25US$27.61
US$34.31
+24.26%
7.79%US$38.00US$30.00US$31.9313
Oct ’25US$30.74
US$33.85
+10.10%
7.50%US$38.00US$30.00US$29.8413
Sep ’25US$28.96
US$33.55
+15.83%
7.87%US$38.00US$30.00US$29.8111
Aug ’25US$27.96
US$32.64
+16.73%
10.23%US$38.00US$26.00US$32.4011
Jul ’25US$24.30
US$31.36
+29.07%
12.10%US$38.00US$25.00US$31.5611
Jun ’25US$28.00
US$31.18
+11.36%
12.59%US$38.00US$25.00US$30.7711
US$43.73
Fair Value
15.9% undervalued intrinsic discount
11
Number of Analysts

Analyst Forecast: Target price is less than 20% higher than the current share price.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/17 05:07
End of Day Share Price 2026/06/17 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Clearway Energy, Inc. is covered by 23 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Gregg OrrillBarclays
Moses SuttonBNP Paribas
Heidi HauchBNP Paribas