Brookfield Renewable Corporation (BEPC): JPMorgan Bullish on Clean Energy Stock

Brookfield Renewable Corporation (NYSE:BEPC) is included among the 12 Most Promising Clean Energy Stocks According to Wall Street Analysts.

Brookfield Renewable Corporation (NYSE:BEPC) is one of the clean energy stocks that look well-positioned to benefit from the rising global electricity demand as well as the AI megatrends. This is because the company has solid assets in the hydro and battery storage space that provide a key competitive moat, supporting baseload power and enabling high-value re-contracting as legacy agreements expire. Financial experts note that the asset recycling strategy and inflation-linked revenues support management’s confidence in delivering 10%+ annual FFO per share growth. The firm’s operations consist of approximately 13,948 megawatts of installed hydroelectric, wind, solar, and storage and ancillary capacity located in Brazil, Colombia, North America, and Europe.

In mid-September, an analyst from JPMorgan raised the price target on Brookfield Renewable Corporation (NYSE:BEPC) stock to $41 from $39 and kept an Overweight rating on the shares. In an investor note, the analyst attributed the target raise to an updated clean energy model and establishing December 2026 targets versus December 2025 previously.

While we acknowledge the potential of BEPC as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than BEPC but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock.

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