12 Most Promising Clean Energy Stocks According to Wall Street Analysts

4. Clearway Energy Inc. (NYSE:CWEN)

Number of Hedge Fund Holders: 33  

Street-High Upside Potential: 37%

Clearway Energy Inc. (NYSE:CWEN) operates in the clean energy generation assets business in the United States. The company operates through Flexible Generation and Renewables segments. Its portfolio comprises approximately 11.8 GW of gross capacity in 26 states, including approximately 9 GW of wind, solar, and battery energy storage systems, and approximately 2.8 GW of dispatchable combustion-based power generation assets included in the Flexible Generation segment that provide critical grid reliability services. Earlier this year, the firm announced plans to sell $100 million of stock to fund general business needs. It has partnered with Morgan Stanley, BofA Securities, Citigroup, JP Morgan and Wells Fargo Securities for the purpose.

On October 6, Roth Capital analyst Justin Clare raised the price target on Clearway Energy Inc. (NYSE:CWEN) to $38 from $36 and kept a Buy rating on the shares. The analyst noted that Clearway Energy just announced a binding agreement to acquire a 613 MW operational solar portfolio from Deriva Energy. The deal is expected to close by Q2 2026 and contribute a 5-year average annual asset ‘cash available for distribution’ (CAFD) of about $27 million, implying a greater than 12% CAFD yield on $210 million -$230 million of long-term corporate capital. The transaction appears attractive given the CAFD yield and opportunities to enhance value, Roth argued.