10 Best Renewable Energy Stocks to Buy According to Billionaires

7. Clearway Energy, Inc. (NYSE:CWEN)

Number of Billionaire Holders: 13

Next on our list of the Best Clean Energy Stocks is Clearway Energy, Inc. (NYSE:CWEN). It is a leading independent clean power developer and operator with over 350 clean energy projects across America.

On May 27, Morgan Stanley raised its price target on Clearway Energy, Inc. (NYSE:CWEN) from $56 to $60, while keeping an ‘Overweight’ rating on the shares. The target boost, which represents an upside of almost 49% from the current price level, comes despite the company reporting mixed results for its Q1 2026 last month.

Clearway Energy, Inc. (NYSE:CWEN) reported an adjusted loss per share of $1.43 for the first quarter, significantly falling behind expectations by $1.04. However, the company grew its revenue by 19% YoY to $354 million and exceeded estimates by over $13 million. Moreover, Clearway delivered adjusted EBITDA of $257 million and CAFD or free cash flow of $70 million.

Clearway Energy, Inc. (NYSE:CWEN) reaffirmed its full-year 2026 CAFD guidance of $470 million to $510 million, as well as its 2027 CAFD per share target of $2.70 or better. Moreover, the company remains focused on delivering the top end or better of its 2030 CAFD per share target range of $2.90 to $3.10 per share.