CWEN Stock Analysis: Clearway Energy C | NYSE
Utilities - Renewable | NYSE, USA | Market Cap: 7.579m USD | 12M Return: 2.9% | US18539C2044 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 35.7M
EPS Trend: -14.0%
Qual. Beats: 1
Rev. Trend: 85.8%
Qual. Beats: 0
Warnings
Tailwinds
Seasonality 11.4 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Clearway Energy, Inc. (NYSE: CWEN) is a Princeton, New Jersey-based clean energy generation company operating exclusively in the United States. Its business is organized into two segments: Flexible Generation and Renewables & Storage, giving it a diversified mix of both renewable assets and dispatchable power.
The company owns and operates a substantial portfolio of clean energy generation assets spread across 27 states, with the majority of capacity derived from wind, solar, and battery energy storage systems. A notable portion of its portfolio consists of dispatchable combustion-based power generation assets, which support grid reliability services - a function that has become increasingly important amid the integration of intermittent renewable energy sources.
Clearway Energy was originally incorporated in 2012 under the name NRG Yield, Inc., and adopted its current name in August 2018. The company has been publicly traded since its 2013 IPO and operates as a subsidiary of Clearway Energy Group LLC, which provides it with the backing of a larger parent organization in the independent power producer space.
- Interest rate cuts ease refinancing pressure on debt-heavy balance sheet
- IRA tax credits boost renewable project returns and growth pipeline
- Capacity market revenues support Flexible Generation segment margins
| Net Income: 91.0m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.04 > 0.02 and ΔFCF/TA 0.50 > 1.0 |
| NWC/Revenue: 11.56% < 20% (prev 24.65%; Δ -13.09% < -1%) |
| CFO/TA 0.06 > 3% & CFO 1.02b > Net Income 91.0m |
| Net Debt (10.5b) to EBITDA (1.12b): 9.37 < 3 |
| Current Ratio: 1.21 > 1.5 & < 3 |
| Outstanding Shares: last quarter (121.0m) vs 12m ago 2.54% < -2% |
| Gross Margin: 52.99% > 18% (prev 64.32%; Δ -11.33% > 0.5%) |
| Asset Turnover: 9.60% > 50% (prev 8.93%; Δ 0.66% > 0%) |
| Interest Coverage Ratio: 0.58 > 6 (EBIT TTM 231.0m / Interest Expense TTM 401.0m) |
| A: 0.01 (Total Current Assets 1.06b - Total Current Liabilities 880.0m) / Total Assets 16.8b |
| B: 0.01 (Retained Earnings 111.0m / Total Assets 16.8b) |
| C: 0.01 (EBIT TTM 231.0m / Avg Total Assets 16.4b) |
| D: 0.49 (Book Value of Equity 5.47b / Total Liabilities 11.2b) |
| Altman-Z'' = 0.70 = B |
| DSRI: 1.16 (Receivables 296.0m/233.0m, Revenue 1.57b/1.43b) |
| GMI: 1.21 (GM 64.32% / 52.99%) |
| AQI: 1.09 (AQ_t 0.19 / AQ_t-1 0.18) |
| SGI: 1.10 (Revenue 1.57b / 1.43b) |
| TATA: -0.06 (NI 91.0m - CFO 1.02b) / TA 16.8b) |
| Beneish M = -2.59 (Cap -4..+1) = A |
As of October 08, 2026, the stock is trading at USD 30.29 with a total of 1,142,304 shares traded. Over the past week, the price has changed by +3.48%, over one month by -8.52%, over three months by -8.15% and over the past year by +2.89%.
Current recommended Stop Loss: 29.20 (which is 3.6% or 1.3 ATR below the current price).
Clearway Energy C has received a consensus analysts rating of 4.62. Therefore, it is recommended to buy CWEN.
- StrongBuy: 9
- Buy: 3
- Hold: 1
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 41.5 | 37% |
P/E Trailing = 38.4125
P/E Forward = 39.3701
P/S = 4.8152
P/B = 3.3991
P/EG = 3.4097
Revenue TTM = 1.57b USD
EBIT TTM = 231.0m USD
EBITDA TTM = 1.12b USD
Long Term Debt = 8.49b USD (from longTermDebt, last quarter)
Short Term Debt = 570.0m USD (from shortTermDebt, last quarter)
Debt = 10.7b USD (from shortLongTermDebtTotal, last quarter) + Leases 829.0m
Net Debt = 10.5b USD (calculated: Debt 10.7b - CCE 251.0m)
Enterprise Value = 18.0b USD (7.58b + Debt 10.7b - CCE 251.0m)
Interest Coverage Ratio = 0.58 (Ebit TTM 231.0m / Interest Expense TTM 401.0m)
EV/FCF = 26.90x (Enterprise Value 18.0b / FCF TTM 671.0m)
FCF Yield = 3.72% (FCF TTM 671.0m / Enterprise Value 18.0b)
FCF Margin = 42.63% (FCF TTM 671.0m / Revenue TTM 1.57b)
Net Margin = 5.78% (Net Income TTM 91.0m / Revenue TTM 1.57b)
Gross Margin = 52.99% ((Revenue TTM 1.57b - Cost of Revenue TTM 740.0m) / Revenue TTM)
Gross Margin QoQ = 69.02% (prev 62.15%)
Tobins Q-Ratio = 1.08 (Enterprise Value 18.0b / Total Assets 16.8b)
Interest Expense / Debt = 3.74% (Interest Expense 401.0m / Debt 10.7b)
Taxrate = 21.0% (US federal default 21%)
NOPAT = 182.5m (EBIT 231.0m * (1 - 21.00%))
Current Ratio = 1.21 (Total Current Assets 1.06b / Total Current Liabilities 880.0m)
Debt / Equity = 1.96 (Debt 10.7b / totalStockholderEquity, last quarter 5.47b)
Debt / EBITDA = 9.37 (Net Debt 10.5b / EBITDA 1.12b)
Debt / FCF = 15.60 (Net Debt 10.5b / FCF TTM 671.0m)
Total Stockholder Equity = 4.65b (last 4 quarters mean from totalStockholderEquity)
RoA = 0.55% (Net Income 91.0m / Total Assets 16.8b)
RoE = 1.96% (Net Income TTM 91.0m / Total Stockholder Equity 4.65b)
RoCE = 1.76% (EBIT 231.0m / Capital Employed (Equity 4.65b + L.T.Debt 8.49b))
RoIC = 1.11% (NOPAT 182.5m / Invested Capital 16.4b)
WACC = 4.51% (E(7.58b)/V(18.3b) * Re(6.70%) + D(10.7b)/V(18.3b) * Rd(3.74%) * (1-Tc(0.21)))
Discount Rate = 6.70% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 87.70 | Cagr: 1.51%
[DCF] Terminal Value 77.97% ; FCFF base≈627.4m ; Y1≈719.2m ; Y5≈1.06b
[DCF] Fair Price = 45.06 (EV 15.9b - Net Debt 10.5b = Equity 5.46b / Shares 121.2m; r=8.35% [WACC [floored]]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: -14.00 | EPS CAGR: -8.87% | SUE: 0.87 | # QB: 1
Revenue Correlation: 85.79 | Revenue CAGR: 6.20% | SUE: 0.21 | # QB: 0
EPS current Quarter (2026-09-30): EPS=2.13 | Chg30d=+268.90% | Revisions=+0% | Analysts=1
EPS current Year (2026-12-31): EPS=1.20 | Chg30d=+268.61% | Revisions=+0% | GrowthEPS=-48.8% | GrowthRev=+18.8%
EPS next Year (2027-12-31): EPS=1.64 | Chg30d=-40.16% | Revisions=-25% | GrowthEPS=+36.5% | GrowthRev=+12.2%
[Analyst] Revisions Ratio: -25% (up=0, down=1)