Clearway Energy Inc. (NYSE:CWEN) is considered one of the best solar energy stocks to buy right now. Analyst sentiment on November 5 varied, with CIBC holding a Hold rating and a $37 price target, while RBC Capital expressed a Buy rating with a $36 target.
Clearway Energy reported strong Q3 results, with $60 million in net income and $385 million in adjusted EBITDA. Operational cash flow reached $225 million, with $166 million available for distribution. Lower tax burdens and recent growth investments fueled performance, including an equity raise and a 613 MW solar portfolio acquisition.
Operational improvements were seen across segments, with better availability in Flexible Generation and a 4% output increase in Renewables & Storage. Clearway narrowed its full-year CAFD guidance to $420-440 million, with 2026 guidance set between $470-510 million, supported by new opportunities and ongoing investments.
Clearway is focusing on expanding its clean energy footprint through strategic moves like the Deriva solar acquisition and repowering efforts. President and CEO Craig Cornelius announced over 2 GW of identified investment opportunities for 2026 and 2027, aligning with the company’s 2030 growth target.
Clearway Energy Inc. (NYSE:CWEN) owns and operates a diverse portfolio of clean and conventional power generation assets, including solar, wind, battery energy storage systems, natural gas plants, and district energy systems.
Read more at Yahoo Finance: Clearway Energy (CWEN) Delivers Strong Q3; Mixed Analyst Ratings Amid Growth and Tax Tailwinds
