Clearway Energy, Inc. (CWEN) Stock Price & Analysis
Clearway Energy, Inc. (CWEN) closed at USD 31.43 on Thursday, October 22, 2026, down 0.57% on the day. The US market is currently closed (pre-market); this is not a live price.
The prior close was USD 31.43; the Oct 22, 2026 session ranged USD 30.58–31.52 on volume of 1,134,094 shares. Market capitalization is —, with a 52-week range of USD 28.57–41.74 (NYQ). Source: Nexqual, retrieved October 23, 2026 at 11:03 UTC.
Also available as compact Markdown for AI agents: nexqual.com/CWEN.md
Key facts (CWEN)
- Last four reported quarters (through Jun 30, 2026): revenue $1.57B, net income $101M (6.4% margin), free cash flow $671M (SEC filings).
- Total return with dividends: 1Y +4.9% vs S&P 500 +14.9%; 5Y +27.4% vs S&P 500 +80.3%.
- Next earnings: 2026-11-09, EPS estimate USD 2.14, revenue estimate $516M.
Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (CWEN)
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $1.29B | $1.19B | $1.31B | $1.37B | $1.43B | $1.57B |
| Gross profit | $835M | $755M | $841M | $870M | $899M | — |
| Operating income | $267M | $1.47B | $263M | $196M | $160M | $211M |
| Net income | $51.0M | $582M | $79.0M | $88.0M | $169M | $101M |
| EPS (diluted) | $0.44 | $4.99 | $0.67 | $0.75 | — | — |
| Free cash flow | $550M | $675M | $490M | $483M | $369M | $671M |
| Gross margin | 64.9% | 63.4% | 64.0% | 63.5% | 62.9% | — |
| Operating margin | 20.8% | 123.5% | 20.0% | 14.3% | 11.2% | 13.4% |
| Net margin | 4.0% | 48.9% | 6.0% | 6.4% | 11.8% | 6.4% |
| Revenue growth | +7.3% | -7.5% | +10.4% | +4.3% | +4.2% | — |
| Cash + short-term investments | $179M | $657M | $535M | $332M | $231M | — |
| Total debt | $8.20B | $6.87B | $8.10B | $7.24B | $8.67B | — |
Fiscal years end Dec. EPS is split-adjusted.
Valuation (price ÷ last four quarters, through Jun 30, 2026) (CWEN)
P/E at fiscal year-ends: Dec 2025 6.9x, Dec 2024 10.3x, Dec 2023 12.2x.
Analysts (CWEN)
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-10-21 | UBS | Target lowered | Buy | $45 → $38 |
| 2026-10-21 | Morgan Stanley | Target lowered | Overweight | $58 → $52 |
| 2026-10-02 | Seaport Global | Target lowered | Buy | $41 → $40 |
| 2026-09-28 | Truist Securities | Target lowered | Buy | $43 → $40 |
| 2026-08-18 | Morgan Stanley | Target lowered | Overweight | $60 → $58 |
| 2026-08-17 | Evercore ISI Group | Target raised | In-Line | $39 → $40 |
| 2026-07-14 | Truist Securities | Initiated | Buy | $43 |
Total return (dividends reinvested) (CWEN)
| 1Y (from 2025-10-23) | 5Y (from 2021-10-18) | |
|---|---|---|
| Total return | +4.9% | +27.4% |
| S&P 500 (SPY) | +14.9% | +80.3% |
| Per year | +5.0% | +4.9% |
| Volatility (annualized) | 30.2% | 29.2% |
| Max drawdown | -28.3% (Jun 2026→Oct 2026) | -44.3% (Aug 2022→Oct 2023) |
CWEN revenue by business segment (quarter ended Jun 30, 2026)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| Renewables & Storage | $163.0M | 33.9% | +23.5% |
| Flexible Generation | $49.0M | 10.2% | +8.9% |
| Total revenue | $481.0M | 100% | — |
CWEN revenue by product line (quarter ended Jun 30, 2026)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| Capacity Revenue | $66.0M | 13.7% | -2.9% |
| Energy Revenue | $8.0M | 1.7% | +60.0% |
| Total revenue | $481.0M | 100% | — |
As tagged by the company in its SEC 10-Q / 10-K filings (XBRL).
CWEN company outlook (results filed Oct 20, 2026)
- “Plant Availability for 3Q 2026 in the Wind segment reflected improvement campaigns focused on highest-value assets in CAISO and Texas, while Midwest Wind and East Wind availability were driven by small projects using discontinued wind OEM technology, which are being addressed through an active improvement campaign.”
Quoted word-for-word from the SEC 8-K results press release.
CWEN analyst estimates and revisions
| Period | EPS estimate | 90 days ago | Change | Revenue estimate | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends Sep 2026) | $2.14 | $0.58 | +270.7% | $516.1M | 1 |
| Next quarter (ends Dec 2026) | $-0.14 | $-0.61 | -76.9% | $349.9M | 1 |
| Current fiscal year (ends Dec 2026) | $1.22 | $-0.71 | -271.4% | $1.69B | 2 |
| Next fiscal year (ends Dec 2027) | $1.57 | $2.74 | -42.4% | $1.90B | 2 |
CWEN options: expected move
Options price a move of about ±8.5% (±$2.68) by Nov 20, 2026, which includes earnings on Nov 9, 2026. Over the last 8 reports the stock moved ±4.2% on average.
| Expiration | Days | ATM implied volatility | Expected move |
|---|---|---|---|
| Nov 20, 2026 | 28 | 37.8% | ±8.5% |
| Dec 18, 2026 | 56 | 35.1% | ±11.5% |
| Feb 19, 2027 | 119 | 33.1% | ±15.0% |
| May 21, 2027 | 210 | 33.6% | ±19.7% |
30-day implied volatility 33.7% vs 29.5% realized over the last 30 trading days. Put/call ratio (volume) 0.08. Cboe delayed quotes (15 min). Expected move = at-the-money straddle.
Key Statistics (as of October 23, 2026 at 11:03 UTC)
| Price | USD 31.43 |
|---|---|
| Change | ▼ 0.57% (down) |
| Previous Close | USD 31.43 |
| Open | USD 31.43 |
| Day Range | USD 30.58 – 31.52 |
| 52-Week Range | USD 28.57 – 41.74 |
| Volume | 1,134,094 shares |
| Market Cap | — |
| Exchange | NYQ |
Technical Analysis (CWEN)
Nexqual's technical model rates CWEN "NEUTRAL" based on 4 bullish and 3 bearish signals across 127 daily candles, as of October 23, 2026 at 11:03 UTC.
| Overall Signal | NEUTRAL |
|---|---|
| RSI (14) | 57.12 (neutral) |
| vs SMA50 | Above (USD 31.09) |
| MACD | -0.02 (negative) |
Earnings (CWEN)
| Next Earnings Date | 2026-11-09 |
|---|---|
| EPS Estimate | USD 2.14 |
| Revenue Estimate | $516.14M |
Recent Earnings History
| Quarter | Actual vs Estimate |
|---|---|
| 2026-03-31 | USD -1.43 vs est -0.39 ▼ miss |
| 2025-12-31 | USD -0.65 vs est 0.44 ▼ miss |
Source: Nexqual, October 23, 2026 at 11:03 UTC.
Financials & Fundamentals (CWEN)
| Total Revenue | $1.57B |
|---|---|
| Revenue Growth (latest quarter, YoY) | +22.70% |
| Gross Margin | +64.42% |
| Operating Margin | +25.16% |
| Profit Margin | +6.42% |
| ROE | -3.17% |
| Debt / Equity | 1.77 |
| Current Ratio | 1.21 |
| Total Cash | $284.00M |
| Total Debt | $9.90B |
Source: Nexqual, October 23, 2026 at 11:03 UTC.
Ownership (CWEN)
| Insider Ownership | +0.69% |
|---|---|
| Institutional Ownership | +89.70% |
| Shares Outstanding | 121.17M |
| Float | 120.40M |
| Short % of Float | +7.76% |
Source: Nexqual, October 23, 2026 at 11:03 UTC.
From Clearway Energy, Inc.'s Latest SEC 10-K Filing (filed 2026-02-24)
Legal & Regulatory Risks (Item 1A, quoted)
- The electric generation business is subject to substantial governmental regulation, including environmental laws, and may be adversely affected by changes in laws or regulations, as well as liability under, or any future inability to comply with, existing or future regulations or other legal requirements.
- Government regulations providing incentives for renewable power generation and battery energy storage could change at any time and such changes may negatively impact the Company's growth strategy.
- Changes in U.S. foreign trade policies may have a material adverse effect on the Company's business, operations and financial condition.
- Risks Related to the Company's Common Stock
Source: SEC EDGAR 10-K, official filing. Curated by Nexqual.
Peers & Related Stocks
| Symbol | Name | Price | Change |
|---|---|---|---|
| ENLT | Enlight Renewable Energy Ltd. | USD 69.32 | ▼ 3.49% |
| ENIC | Enel Chile S.A. | USD 4.34 | ▼ 1.81% |
| ORA | Ormat Technologies, Inc. | USD 88.1 | ▼ 1.51% |
| MWH | SOLV Energy, Inc. | USD 21.53 | ▼ 7.4% |
| BEP | Brookfield Renewable Partners L | USD 28.91 | ▼ 0.89% |
| FRVO | Fervo Energy Company | USD 8.25 | ▼ 8.54% |
Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 23, 2026 at 11:03 UTC. This page is informational and not investment advice.
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