Clearway Energy, Inc. research snapshot

CWEN AI Stock Analysis

CWEN AI stock analysis as of the August 3, 2026 data cutoff reads Clearway Energy as a yield-oriented renewable energy owner with long-term contracted cash flows, a high dividend yield near 5.8%, and meaningful financial leverage. The stock closed at $31.73 on July 31, 2026, with an after-hours print of $31.71 and a market capitalization near $6.51 billion, computed as $31.73 times 205.27 million shares outstanding and cross-validated within 0.05% on StockAnalysis.com, while Yahoo Finance reports a higher intraday market cap near $7.6 billion on a different share-count basis. Management reaffirmed 2026 CAFD guidance of $470 million to $510 million in the May 7, 2026 Q1 report and holds a $2.90 to $3.10 CAFD per share target for 2030, with the share class simplification completed on May 1, 2026 and a new 15-year hyperscaler PPA at Mesquite Sky. The analysis is constructive on the contracted revenue base and dividend income, but cautious on valuation relative to debt, interest costs, and GAAP earnings that remain near zero after depreciation, and on a technical setup that sits below the 50-day and 200-day moving averages. This page is for informational use only and is not investment advice.

Current price

$31.73

Market cap

$6.51 billion

AI score

61 / 100

Rating

Contracted renewable yieldco with high dividend yield and elevated leverage

Trend status

Neutral to cautious; price below the 50-day and 200-day moving averages after a pullback from the 52-week high

Data cutoff (updated monthly)

August 4, 2026

Informational use only. This page is not investment advice.

Research quality check

information Richness
B-level information richness. CWEN has public SEC filings, quarterly earnings releases, investor presentations, credit ratings, analyst coverage, and financial databases. The August 3, 2026 full refresh re-fetched and re-validated the key figures: the $31.73 close, the $6.51 billion market cap, TTM revenue of about $1.49 billion, the Q1 2026 results, the reaffirmed 2026 CAFD guidance of $470 million to $510 million, and the balance sheet figures of $325 million unrestricted cash, $680 million total cash including restricted cash, $9.94 billion total debt per StockAnalysis, and $9.116 billion of current and long-term debt per the Q1 2026 press release. As a yieldco that reports GAAP net income near zero due to high non-cash depreciation, valuation requires CAFD (cash available for distribution) analysis rather than standard P/E, adding complexity.
bias Check
The main AI bias risk is over-weighting the high dividend yield and contracted revenue base while under-weighting the debt load, interest-rate sensitivity, and the multiple layers of costs between operating cash flow and distributable cash. The reverse check examines whether the current dividend is sustainable through a period of higher rates or reduced wind/solar resource, whether the 2030 CAFD target is achievable on the current share count, and whether the stock, trading below its 50-day and 200-day moving averages, is a falling knife despite the Strong Buy analyst consensus.
ai Confidence
High for SEC-filed revenue, contract portfolio data, cash, debt, share count, dividend, market-cap math, Q1 2026 results, and CAFD guidance, which cross-validated across StockAnalysis.com, Yahoo Finance, the Q1 2026 earnings release, and the FY2025 earnings release. Medium for technical levels, CAFD projections, and valuation ranges because renewable energy pricing, power-market conditions, interest rates, and tax-credit policy create uncertainty.
investment Certainty
Low to medium. The contracted revenue and high dividend yield provide a floor, and the 2026 CAFD guidance midpoint of about $490 million implies roughly 1.3x dividend coverage at the current share count, but investment certainty is limited by the high debt-to-equity ratio near 179%, low GAAP earnings coverage of the dividend, interest-rate sensitivity, and the yieldco structure that depends on sponsor Clearway Energy Group for project acquisitions.

Quick verdict table

DimensionConclusionConfidence
Business qualityCWEN owns long-term contracted wind, solar, battery storage, and flexible generation assets with predictable, inflation-linked cash flows. Customer need is durable because electricity is essential and PPAs are typically 15 to 25 year contracts, with new long-term agreements including a 15-year hyperscaler PPA at Mesquite Sky and Google PPAs of about 1.1 GW announced in January 2026.Medium-high
MoatThe moat comes from long-term PPAs, physical generation assets, interconnection rights, and operating scale near 13.6 GW of gross capacity across 27 states per the Q1 2026 release. However, the moat is narrower than a regulated utility because contracts eventually expire and new projects face competitive bidding.Medium
ManagementManagement should be evaluated on CAFD growth, dividend coverage, debt management, portfolio optimization, project acquisition discipline, and sponsor relationship with Clearway Energy Group. The Q1 2026 release shows execution on the Honeycomb BESS, the Cardinal solar acquisition, the Mesquite Sky restructuring, and completion of the public share class simplification on May 1, 2026.Medium
Financial trendTTM revenue of approximately $1.49 billion is stable from contracted assets, and Q1 2026 revenue rose to $354 million from $298 million a year earlier. GAAP net income of about $9 million TTM is depressed by non-cash depreciation. Management reaffirmed 2026 CAFD guidance of $470 million to $510 million, with FY2025 CAFD of $430 million and Q1 2026 CAFD of $70 million.Medium-high
ValuationAt $31.73, CWEN trades at about 724x TTM GAAP PE (misleading due to depreciation), about 4.4x sales, 11.7x free cash flow, 2.2x book, and a 5.8% dividend yield per StockAnalysis. The three-year scenario model using CAFD per share produced bear, base, and bull areas near $26, $39, and $53.Medium
Technical trendCWEN closed at $31.73 on July 31, 2026, below its 20-day, 50-day, 100-day, and 200-day moving averages near $33.01, $36.00, $37.49, and $36.28, with 14-day RSI near 34.88 and 14-day ADX near 27.27 with negative directional index above positive directional index, confirming a down-trend that is approaching oversold.Medium
Risk levelMain risks include high leverage (debt/equity about 179%, debt/EBITDA about 11.3x, debt/FCF about 17.8x), interest-rate sensitivity, low GAAP earnings coverage of the dividend, wind/solar resource variability, PPA re-pricing risk, tax-credit expiration, sponsor dependency, and equity dilution from at-the-market offerings such as the roughly $50 million raised in Q1 2026.Medium-high
AI confidenceHigh for descriptive facts and audited calculations that cross-validated across StockAnalysis.com, Yahoo Finance, the Q1 2026 earnings release, and the FY2025 earnings release. Medium for forward price ranges and dividend sustainability analysis.High data confidence
Investment certaintyLow to medium certainty. CWEN offers a high current yield from contracted cash flows, but the stock price and dividend are sensitive to interest rates, debt levels, project economics, and the ability to grow CAFD per share.Low to medium

CWEN AI stock forecast

CWEN AI Stock Forecast Scenarios

The CWEN AI stock forecast uses scenario math around the July 31, 2026 close of $31.73 and the 2026 CAFD guidance midpoint of about $490 million, or roughly $2.39 of CAFD per share on 205.27 million shares. The audited three-year framework produced a bearish area near $26, a base area near $39, and a bullish area near $53, using CAFD per share growth of 0%, 5%, and 9% and exit multiples of 11x, 14x, and 17x. These are scenarios, not price commitments.

Bullish case

$46 to $56

More likely if CAFD grows near 9% annually toward the $2.90 to $3.10 per share 2030 target, interest rates decline or stabilize, dividend coverage improves, new projects are acquired accretively including hyperscaler and data center PPAs, tax credits remain supportive, and the market values CWEN near 17x CAFD per share.

Base case

$34 to $43

More likely if CAFD grows near 5%, the dividend is maintained with stable coverage near the 2026 guidance path of $470 million to $510 million, debt levels stay manageable, renewable PPA pricing remains constructive, and the market values CWEN near 14x CAFD per share.

Bearish case

$23 to $29

More likely if interest rates rise, CAFD growth stalls, dividend coverage tightens, PPA re-pricing disappoints, tax credits are reduced, project acquisitions dilute per-share metrics, wind or solar resource runs below median, or the sponsor relationship creates conflicts.

CWEN AI technical analysis

CWEN AI Technical Analysis

CWEN AI technical analysis is neutral to bearish as of the August 3, 2026 data cutoff. The stock closed at $31.73 on July 31, 2026, below its 20-day, 50-day, 100-day, and 200-day moving averages near $33.01, $36.00, $37.49, and $36.28. Barchart reported 14-day RSI near 34.88, 14-day ADX near 27.27 with the negative directional index above the positive, and 14-day historical volatility near 31.96%, while TradingView rated the daily timeframe a sell, the one-week timeframe a sell, and the one-month timeframe neutral, with moving averages rated a strong sell and oscillators neutral.

LevelValueWhy it matters
Current price$31.73StockAnalysis.com real-time quote at the July 31, 2026 close; after-hours print of $31.71 per Yahoo Finance.
5-day moving average$31.56Barchart reported the 5-day moving average near $31.56, just below the July 31 close, so the very short-term trend is roughly flat.
Near support$31.00 to $32.00Short-term support is near the recent trading range around the $31.56 to $32.22 July 31 day range and the recent swing lows.
Structural support$27.67The 52-week low at $27.67 represents structural support; a break below would set a new range and confirm the downtrend.
20-day moving average$33.01Barchart reported the 20-day moving average near $33.01, now overhead resistance after price fell below it.
50-day moving average$36.00Barchart and StockAnalysis.com both reported the 50-day moving average near $36.00 on July 31, 2026.
200-day moving average$36.28Barchart and StockAnalysis.com both reported the 200-day moving average near $36.28, near the 50-day and forming a resistance cluster.
100-day moving average$37.49Barchart reported the 100-day moving average near $37.49, the highest of the moving averages and well above price.
Near resistance$36.00 to $36.50Resistance sits near the 50-day and 200-day moving average cluster where selling pressure has reasserted in the pullback.
52-week high$41.74The upper end of the range and the level to reclaim for a bullish trend resumption.
MomentumRSI near 35, approaching oversoldBarchart reported 14-day RSI near 34.88 and 9-day RSI near 35.24, weak and approaching oversold, so a bounce attempt is possible but not confirmed.
VolumeAbout 1.1 million average sharesBarchart listed 20-day average volume near 1.11 million shares and StockAnalysis.com near 1.11 million, with the July 31 session near 1.08 million.
VolatilityModerate, about 32% historicalBarchart reported 14-day historical volatility near 31.96% and 9-day ATR near $1.12, about 3.5% of price, so swings are meaningful around reports and rate news.
InvalidationClose below $27.67A decisive close below the 52-week low would invalidate the current range and signal a new downtrend; a close back above $33 would improve the short-term setup.

CWEN AI trading strategy

CWEN AI Trading Strategy Framework

The CWEN AI trading strategy is a rules-based framework for monitoring a yieldco with contracted cash flows and high dividend yield. It is not personalized advice and should be paired with live price data, interest rate trends, dividend coverage analysis, CAFD reports, position sizing, and a defined invalidation level.

Trend-following setup

Watch for CWEN to reclaim and hold above the $33 resistance from the 20-day moving average, then above the $36.00 to $36.50 50-day and 200-day moving average cluster, with improving volume and no new negative guidance. Confirmation should include stable or declining Treasury yields and no dividend or CAFD downgrade.

If the stock fails to hold above $33 and reverses, or if interest rates spike, reduce exposure and reassess the trend setup, with a stop discipline defined before entry.

Mean-reversion setup

If CWEN pulls back toward $28 to $31 (approaching the 52-week low of $27.67), compare the dividend yield against its historical range, check CAFD guidance of $470 million to $510 million, assess the debt maturity schedule, and review the interest-rate outlook before assuming support holds.

Do not buy the dip solely because of high dividend yield. A maximum loss rule is essential because yieldcos can reprice sharply when rates rise, dividends are cut, or credit markets tighten.

Fundamental monitor

Track quarterly CAFD versus the $470 million to $510 million guidance, dividend coverage, debt-to-EBITDA near 11.3x, interest coverage, PPA portfolio duration, counterparty credit quality, the 12.7 GW late-stage pipeline, hyperscaler and data center PPA progress, and at-the-market equity issuance.

Reduce confidence if CAFD growth lags the dividend growth rate, debt ratios rise, the dividend is not fully covered by CAFD, or the share count grows faster than CAFD per share.

Investment research summary

Four-master Research Compression

Business essence

Clearway Energy is paid by utilities, corporations, and wholesale buyers to provide electricity from wind, solar, battery, and gas-fired power plants under long-term contracts. Customers pay because they need reliable clean power and prefer fixed-price PPAs, with the newest agreements including a 15-year hyperscaler PPA and Google PPAs of about 1.1 GW.

Moat

CWENs moat is built on long-term PPAs, physical generation assets, interconnection to the grid, geographic diversification across 27 states, and operating scale near 13.6 GW of gross capacity. The moat is narrower than a regulated utility because contracts are finite and new projects must compete.

Munger risk inversion

The thesis fails if interest rates stay high, leverage becomes harder to service, dividend coverage erodes, PPA re-pricing falls below expectations, tax credits are reduced, wind or solar resource underperforms, or the sponsor Clearway Energy Group cannot supply accretive acquisition opportunities.

Management

Management should be judged by CAFD per share growth, dividend coverage, balance-sheet discipline, portfolio optimization, project acquisition returns, governance (the public share class simplification completed May 1, 2026), and the quality of the sponsor relationship with Clearway Energy Group.

Industry trend

CWEN sits inside the renewable energy buildout, corporate clean-power procurement, and grid decarbonization, with data center and hyperscaler demand emerging as a new growth channel. These are long-duration secular trends, but asset economics depend on interest rates, tax policy, PPA pricing, interconnection queue timing, and power-market fundamentals.

Valuation and margin of safety

At about 724x GAAP PE (misleading), 11.7x free cash flow, 18.3x EV/EBITDA, and a 5.8% dividend yield, CWEN offers income but requires careful monitoring of dividend coverage and debt. Margin of safety improves if the stock retreats toward structural support while CAFD guidance and dividend coverage remain intact.

Source-backed data

CWEN Data Table

Every metric below includes a source and last verification date.

MetricValueSourceLast verified
CWEN price$31.73 at the July 31, 2026 close, $31.71 after hoursStockAnalysis.com real-time quote; Yahoo FinanceAugust 3, 2026
Market capitalization$6.51 billion, computed as $31.73 x 205.27 million shares outstanding, cross-validated within 0.05% on StockAnalysis.com; Yahoo Finance reports a higher intraday market cap near $7.6 billion on a different share-count basisStockAnalysis.com quote and share statistics; Yahoo FinanceAugust 3, 2026
Enterprise value$16.13 billionStockAnalysis.com statisticsAugust 3, 2026
TTM operating revenueApproximately $1.485 billion, cross-validated between StockAnalysis.com and Yahoo Finance within 0.17%StockAnalysis.com financials; Yahoo FinanceAugust 3, 2026
FY2025 revenue$1.429 billion, up 4.23% from $1.371 billion, per the FY2025 earnings releaseClearway Energy FY2025 earnings releaseAugust 3, 2026
FY2025 net incomeConsolidated net loss of $231 million with net income attributable to Clearway Energy of $169 million and EPS of $1.43 attributableClearway Energy FY2025 earnings releaseAugust 3, 2026
TTM net income attributable to CWENApproximately $9 million (GAAP), depressed by non-cash depreciationStockAnalysis.com statistics; Yahoo FinanceAugust 3, 2026
Q1 2026 resultsRevenue of $354 million, consolidated net loss of $68 million, adjusted EBITDA of $257 million, cash from operating activities of $401 million, and CAFD of $70 millionClearway Energy Q1 2026 earnings releaseAugust 3, 2026
2026 CAFD guidanceReaffirmed at $470 million to $510 million, midpoint about $490 million or roughly $2.39 per share on 205.27 million sharesClearway Energy Q1 2026 and FY2025 earnings releasesAugust 3, 2026
FY2025 CAFD$430 million, up from $425 million in 2024Clearway Energy FY2025 earnings releaseAugust 3, 2026
TTM operating cash flowApproximately $994 millionStockAnalysis.com cash flow statementAugust 3, 2026
TTM free cash flowApproximately $559 million, or $2.72 per share, per StockAnalysis.com; Yahoo Finance reports levered free cash flow of about $423 millionStockAnalysis.com statistics; Yahoo FinanceAugust 3, 2026
Cash and cash equivalents$325 million of unrestricted cash and $680 million of total cash including restricted cash as of March 31, 2026Clearway Energy Q1 2026 earnings release liquidity tableAugust 3, 2026
Total debt$9.94 billion per StockAnalysis.com; current portion of $612 million plus long-term debt of $8.504 billion, or $9.116 billion, per the Q1 2026 press releaseStockAnalysis.com balance sheet; Clearway Energy Q1 2026 releaseAugust 3, 2026
Net debtNegative $9.61 billion per StockAnalysis.com, with net cash per share near negative $46.83StockAnalysis.com statisticsAugust 3, 2026
Book valueEquity of $5.57 billion and book value per share of $14.58StockAnalysis.com statisticsAugust 3, 2026
Valuation math723.68x TTM PE (misleading), 99.34x forward PE, 4.39x sales, 2.18x book, 11.65x P/FCF, 18.30x EV/EBITDA from StockAnalysis.comStockAnalysis.com statisticsAugust 3, 2026
Dividend$1.84 annual per StockAnalysis.com, about 5.80% forward yield, paid quarterly, with the latest quarterly dividend of $0.4676 paid June 15, 2026 and six years of dividend growthStockAnalysis.com dividend historyAugust 3, 2026
Dividend coverage estimate2026 CAFD guidance midpoint of about $490 million versus an annual dividend commitment near $378 million, or roughly 1.3x coverage at the 205.27 million share countComputed from Clearway Energy guidance and StockAnalysis.com dividend dataAugust 3, 2026
Three-year scenario modelBear near $26, base near $39, bull near $53 using CAFD per share near $2.39, 0% to 9% growth, and 11x to 17x exit multiplestools/financial_rigor.py three-scenario modelAugust 3, 2026
Analyst consensusStrong Buy with an average target of $43.67 across 12 analysts, low $34 and high $60, median $42.50StockAnalysis.com forecast and analyst ratingsJuly 29, 2026
Recent analyst target updatesMorgan Stanley raised its target to $60 on July 29, 2026, RBC Capital maintained $42 on July 24, Truist initiated with Buy and $43 on July 14, CIBC lowered to $42 from $43 on July 17, and Roth MKM reiterated $45 on July 17StockAnalysis.com forecast and news feedJuly 29, 2026
Short interest7.41 million shares short, 3.61% of shares outstanding, 6.15% of float, 4.31 days to coverStockAnalysis.com statistics short sellingAugust 3, 2026
Portfolio and pipelineApproximately 13.6 GW of gross capacity in 27 states per the Q1 2026 release, with Clearway Groups late-stage pipeline at 12.7 GWClearway Energy Q1 2026 earnings releaseAugust 3, 2026
Share class simplificationStockholders approved the simplification on April 29, 2026 and the charter amendment converted Class A common stock into Class C common stock effective May 1, 2026, with Class B placed in a voting trustClearway Energy Q1 2026 earnings releaseAugust 3, 2026
Technical snapshot5-day SMA near $31.56, 20-day SMA near $33.01, 50-day SMA near $36.00, 100-day SMA near $37.49, 200-day SMA near $36.28, 14-day RSI near 34.88, 14-day ADX near 27.27 with -DI above +DI, 14-day historical volatility near 31.96%Barchart and StockAnalysis.com technical snapshotsAugust 3, 2026

Frequently Asked Questions

This CWEN AI stock analysis is an informational research tool, not investment advice, tax advice, legal advice, or a recommendation to buy or sell any security. Forecast ranges are scenarios based on available filings, quote snapshots, and third-party data as of the stated cutoff date. They may be wrong, incomplete, or outdated after new earnings, power price moves, interest-rate shifts, or macro conditions. Always verify live prices, filings, risk factors, and your own constraints before making financial decisions.