Clearway Energy (CWEN) Reports Mixed Q1 Results, Reaffirms 2026 Guidance

Clearway Energy, Inc. (NYSE:CWEN) is included among the 10 Best Clean Energy Stocks to Buy Right Now.

Clearway Energy (CWEN) Reports Mixed Q1 Results, Reaffirms 2026 Guidance

Clearway Energy, Inc. (NYSE:CWEN) is a leading independent clean power developer and operator with over 350 clean energy projects across America.

Clearway Energy, Inc. (NYSE:CWEN) reported its Q1 2026 results on May 7. The company reported an adjusted loss per share of $1.43 for the quarter, falling behind estimates by $1.04. However, its revenue grew by 19% YoY to $354 million and topped expectations 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 FY 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 confident to achieve the top end or better of its 2030 CAFD per share target range of $2.90 to $3.10 per share.

Clearway Energy, Inc. (NYSE:CWEN) also declared a quarterly dividend of $0.4676 per share, payable on June 15 to shareholders as of the June 1 record. The stock currently boasts an impressive annual dividend yield of 5.06%.

While we acknowledge the risk and potential of CWEN 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 time frame. If you are looking for an AI stock that is more promising than CWEN and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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