Clearway Energy, Inc. (Class C) (CWEN)
NYSEUtilitiesRenewable UtilitiesSnapshot 2026-09-09
$32.07-3.14%
Close 2026-09-09 · 1-day change
NYSEUtilitiesRenewable UtilitiesSnapshot 2026-09-09
Broken: Primary pillar broken — Maintain CAFD between $470M and $510M in 2026: FY26 CAFD guidance $430M-$470M vs $470M-$510M target.
Clearway Energy grows revenue steadily, from $310M in 2025-Q4 to $354M in 2026-Q1. The company aims for 2026 CAFD between $470M and $510M. It operates in renewable energy, a sector with lasting demand. Management is stable despite recent executive retirement.
Earnings estimates have fallen sharply, with 2026 EPS turning negative at -$0.71. The stock has sold off nearly 19% from its high. Revenue growth and cash flow targets may be at risk if market conditions worsen.
The price is about 10% above our fair value near $30, reflecting roughly 18.5% revenue growth expected by analysts. Our fair value is 46% below the Street median, indicating a more cautious outlook on growth and cash flow sustainability.
Breaks if: CAFD falls below $470M in FY26
Breaks if: EPS remains negative or below $1.5 in FY27
Breaks if: total revenue falls below $1.6B in FY26
This is not a price target or investment advice.
A long-form read on the 1–3 year hold thesis. It updates when the weekly evidence changes.
CWEN represents a speculative growth investment with a medium confidence level. The current thesis state indicates mixed signals, as the company has been struggling with earnings and has a fragile valuation setup.
The market appears to be pricing in elevated expectations, as indicated by the expensive valuation and a turbulent sector backdrop. There is an expectations gap of 0.32, suggesting that the market may be overly optimistic about future performance.
Fundamentals are likely to remain under pressure in the near term, given the company's loss-making status and recent weak financial performance. Management's focus on achieving revised guidance and advancing growth through new contracts may provide some support, but risks remain high.
The long-term thesis hinges on several key factors, including the potential for CWEN to raise guidance in upcoming quarters, the impact of Federal Reserve rate cuts, and the performance of sector peers. Positive developments in these areas could shift sentiment.
The most important moves since the prior daily snapshot.
No, our read on the company is unchanged. Jefferies lowered its estimate on Clearway Energy to $38 from $45. This reflects concerns about the company's exposure to higher interest rates. The company also reduced its full-year cash guidance, which is a negative signal.
as of 2026-09-09
Review the evidence to watch, what would become a concern, and what would make it less concerning.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Overall, CWEN's outlook is mixed, with several challenges to navigate in the coming years. Not investment advice.