Clearway Energy (CWEN) closed at $26.58, up 1.03%, but underperformed market

From Nasdaq: 2025-01-03 18:15:20

In the latest trading session, Clearway Energy (CWEN) closed at $26.58, up by +1.03% from the previous day, trailing behind the S&P 500. Over the past month, CWEN shares have dropped by 8.07%, while analysts predict an EPS of $0.12 and revenue of $308.01 million in the upcoming earnings report.

Analyst estimates for Clearway Energy have been revised recently, reflecting short-term business trends. Positive revisions often indicate analyst optimism and correlate with share price momentum. The Zacks Rank system, with CWEN currently at #2 (Buy), has a strong track record of outperforming, with stocks rated #1 averaging a +25% annual return.

Clearway Energy is currently trading at a Forward P/E ratio of 47.12, a premium compared to the industry average of 17.47. The company also has a PEG ratio of 1.76, slightly below the industry average of 1.84. The Alternative Energy – Other industry, where CWEN belongs, holds a Zacks Industry Rank of 73.

Zacks experts have identified a top stock pick with the potential to double in value. This company targets millennial and Gen Z audiences, generating significant revenue and presenting a strong upside opportunity. Interested investors can access more information on this pick and others on Zacks.com.



Read more at Nasdaq: Clearway Energy (CWEN) Advances But Underperforms Market: Key Facts