Based on ratings from 0 stock analysts, the Brookfield Renewable Corp stock price is expected to increase by 9.14% in 12 months. This is calculated by using the average 12-month stock price forecast for Brookfield Renewable Corp. The lowest target is $33 and the highest is $36. Please note analyst price targets are not guaranteed and could be missed completely.
BEPC is a stock in Utilities which has been forecasted to be worth $34.5 as an average. On the higher end, the forecast price is $36 USD by from and on the lower end BEPC is forecasted to be $33 by Mark Strouse from JP Morgan.
These are the latest 20 analyst ratings of BEPC.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
Mark Strouse JP Morgan | Neutral | $34 | Maintains | Sep 25, 2024 |
Mark Strouse JP Morgan | Neutral | $33 | Maintains | Jul 16, 2024 |
Moses Sutton Exane BNP Paribas | Outperform | Initiates | Oct 20, 2023 | |
Jonathan Reeder Wells Fargo | Overweight | $34 | Maintains | Sep 22, 2023 |
Jonathan Reeder Wells Fargo | Overweight | $39 | Maintains | May 8, 2023 |
Jonathan Reeder Wells Fargo | Overweight | $37 | Maintains | Nov 7, 2022 |
Jonathan Reeder Wells Fargo | Overweight | $45 | Maintains | Aug 8, 2022 |
Mark Strouse JP Morgan | Overweight | $49 | Maintains | Aug 8, 2022 |
JP Morgan | Overweight | Upgrade | Dec 9, 2021 | |
Jonathan Reeder Wells Fargo | Overweight | $53 | Upgrade | Apr 26, 2021 |
JP Morgan | Neutral | Initiates | Mar 31, 2021 | |
Jonathan Reeder Wells Fargo | Underweight | $48 | Downgrade | Jan 6, 2021 |
Jonathan Reeder Wells Fargo | Equal-Weight | $60 | Downgrade | Oct 8, 2020 |
When did it IPO
2020
Staff Count
0
Country
United States
Sector/Industry
Utilities/Utilities - Renewable
CEO
Mr. Connor David Teskey
Market Cap
$5.68B
In 2023, BEPC generated $3.97B in revenue, which was a increase of 5.00% from the previous year. This can be seen as a signal that BEPC's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Summary - Investors can earn passive income through investments in a green energy company, highlighting potential financial benefits without active involvement.
Why It Matters - This excerpt highlights a potential opportunity for passive income through investments in a green energy company, signaling growth in sustainable sectors and attracting income-focused investors.
Summary - Certain companies are providing higher-yielding payouts, with expectations for continued increases in their distributions.
Why It Matters - Higher-yielding payouts signal strong cash flow and potential for growth, attracting investors seeking income and stability in their portfolios.
Summary - Brookfield Renewable projects significant FFO growth through 2029, supported by inflation-indexed contracts. It plans to add 8 GW of capacity next year, increasing FFO by $70 million while minimizing share issuance.
Why It Matters - Brookfield Renewable's secured FFO growth and expansion plans indicate strong future cash flows, reduced share dilution, and a solid balance sheet, enhancing its attractiveness to investors.
Summary - Brookfield Renewable expects to grow earnings by over 10% annually for the next decade, indicating strong growth potential for investors.
Why It Matters - Brookfield Renewable's potential for over 10% annual earnings growth signals strong future performance, which can attract investment and boost stock value.
Summary - Dividend stocks have recently risen sharply, but potential concerns suggest this trend may not continue. Portfolio adjustments are being made in response to these factors.
Why It Matters - Rising concerns about dividend stocks suggest potential market volatility, prompting re-evaluation of investment strategies and portfolio adjustments to mitigate risks.
Summary - Energy demand is expected to rise significantly, and Brookfield Renewable has a substantial pipeline of renewable energy development projects underway.
Why It Matters - Surging energy demand boosts prospects for renewable energy companies like Brookfield Renewable, signaling potential growth and investment opportunities in the sector.