CWEN - Clearway Energy, Inc.
Price:
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CONSENSUS:
Buy
DETAILS
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PRICE TARGET:
$44.80
DETAILS
HIGH:
$58.00
LOW:
$40.00
MEDIAN:
$42.00
CONSENSUS:
$44.80
UPSIDE:
41.06%
AlphaVal
Deterministic, archetype-aware fair value
Stable Earnings Power
85% confidence
Primary model: P/Adj-EPS × Normalized Multiple
Adjust Assumptions
22.0x
1.42$
Key Value Driver
Normalized P/E multiple (22x base case)
Implied Market Multiple
22.4x
Plain-Language Summary
Applying a 22x P/E to adjusted EPS of $1.42, the base-case value is $31.24 per share. DDM cross-check: $88.47.
Analyst Consensus (External Reference)
Never blended into the bear/base/bull estimates above -- shown only as an outside comparison.
Average Target (16 analysts)
$44.80
Analyst Range
$40.00 – $58.00
Divergence from AlphaVal
30%
Warnings
The company pays out 131% of its profits as dividends. That leaves little cushion — the dividend could be cut if business slows down.
Dividend-based valuation: $88.47 (above our primary estimate by 183%). Large gaps may signal the dividend doesn't reflect full earning power.
Wall Street's average price target is $44.80 (from 16 analysts). Our estimate is 30% below the consensus -- consider that gap carefully.
Key Risks
- Growth DCF inappropriate — terminal value assumptions dominate
- EV/EBITDA misleading for regulated businesses where capex is mandated
- Regulatory risk is a fat tail not visible in normal multiples