| Factor | Score | Distribution | Value | Avg | Rank |
|---|---|---|---|---|---|
Valuation | 42 | 42.1x | 17.8x | Around median | |
Growth | 62 | 9.9% | 7.1% | Around median | |
Quality | 69 | 1.2% | 4.5% | Top tier | |
Safety | 31 | 10.4x | 2.6x | Bottom tier | |
Capital Return | 14 | — | 2.12% | Bottom tier | |
Momentum | 34 | 5.5% | 2.9% | Bottom tier | |
Sentiment | 64 | 3 | 3 | Around median |
Estimates — analyst targets and a simplified DCF, not investment advice.
Ten ratios that matter, each compared against its sector median and average — so you can see whether a number is rich or cheap relative to peers in the same sector.
Clearway Energy, Inc. owns and operates a U.S. portfolio of power generation assets, including wind, solar, batteries, and flexible generation. Its cash flows come primarily from electricity sales under long-term contracts; in fiscal 2026 quarter 2, the company extended the contract terms for three ERCOT wind projects, with a combined capacity exceeding 600 megawatts, beyond 2040.
According to the latest available EDGAR filings, the company generated revenue of $354 million and gross profit of $220 million in fiscal 2026 quarter 1, equivalent to a gross margin of approximately 62.1%, but recorded a net loss of $163 million. By comparison, fiscal 2025 revenue was approximately $1.4 billion, gross profit was $899 million, and net income was $169 million, while the trailing-twelve-month figures ending in 2026 were revenue of $1.5 billion, gross profit of $943 million, and net income of only $2 million.
In fiscal 2026 quarter 2, Clearway reported adjusted EBITDA of $409 million and CAFD of $167 million, bringing the first-half totals to $666 million and $237 million, respectively. The flexible generation segment performed in line with plan, while the solar and battery portfolios were affected by lower resources and realized revenue, and the wind portfolio was hurt by weaker-than-normal resources at Alta and ERCOT, despite plant availability remaining at high levels.
Automated analysis for informational purposes only — not investment advice.
The analyst consensus is “Buy,” with an average target of $44.8 and a wide range of $40 to $58. The average target is above the 52-week range high of $41.74, while the lowest target falls within the 52-week range of $27.67–41.74, reflecting fundamental optimism alongside notable variation in assessments of the growth plan’s value. No meaningful price-to-earnings multiple is available in the data, which is consistent with trailing-twelve-month net income ending in 2026 of only $2 million and quarterly results fluctuating between profit and loss.
Figures in the text are as of 2026-08-30; the live price is shown at the top of the page.
The company lowered its fiscal 2026 CAFD range to $430–470 million from $470–510 million on August 5, 2026. The reduction followed weak wind resources at Alta and ERCOT and lower resources and realized revenue in the solar and battery portfolios during the first half. The midpoint of the range assumes below-P50 production at certain assets, while the low end assumes that the ENSO-related weather pattern continues during the second half. Management nevertheless confirmed that plant availability and controllable operating performance remained strong.
Management reaffirmed its fiscal 2027 CAFD-per-share target of $2.70 or more. It is also targeting $3.10 or more in fiscal 2030, consistent with a compound annual growth rate of 7%–8% or more from fiscal 2025. The company has more than $2 billion of identified growth opportunities for projects scheduled for completion between fiscal 2027 and fiscal 2029. Management estimates that approximately 70% of the investment required to achieve or exceed the high end of the fiscal 2030 target is now contracted and visible.
The company plans to deploy approximately $3 billion of corporate capital between fiscal 2026 and fiscal 2029. It expects to fund more than $500 million through retained cash flows and more than $1.5 billion through corporate debt, with $600 million of debt raised as of August 5, 2026. It also expects to issue $0.5–1.0 billion of equity, of which $50 million had been raised as of the same date. Management is targeting corporate leverage of between 4 and 4.5 times, maintaining a BB credit rating, and reducing the payout ratio to below 70%.
Clearway completed long-term power purchase agreements for all three ERCOT wind projects it targeted for improvement, totaling more than 600 megawatts. The contract terms extend beyond 2040, increasing cash flow predictability. Management said the restructuring of Elbow Creek and Langford Wind increased EBITDA and CAFD from the first month it took effect, despite financing service associated with settling the previous hedges. These projects transitioned to 15-year fixed-price contracts with customers not named on the call.
Clearway Group’s portfolio includes more than 17 gigawatts of co-located generation under development for digital infrastructure complexes, of which more than 6 gigawatts have been included in the announced development portfolio. Future contracts for these complexes are targeting terms of between 20 and 25 years, and the presented materials estimated the capital opportunity at approximately $400–500 million per gigawatt of generation. Management explained on August 5, 2026, that the first natural investment opportunity for CWEN may emerge in fiscal 2030 and that this opportunity is not included in the current base targets. No end-customer contract had been announced for the Wyoming complex, while MISO South had conditional revenue contracts with a data center developer.
Fiscal 2026 quarter 1 recorded revenue of $354 million and gross profit of $220 million, but the net loss was $163 million. In fiscal 2025, revenue was $1.4 billion, gross profit was $899 million, and net income was $169 million. The trailing twelve months ending in 2026 recorded revenue of $1.5 billion and gross profit of $943 million, compared with net income of only $2 million. In fiscal 2026 quarter 2, adjusted EBITDA was $409 million and CAFD was approximately $167 million, two non-GAAP measures that highlight operating cash generation despite volatile net income.
