Why Evercore’s Higher Price Target Still Leaves Clearway (CWEN) Rated In-Line

Clearway Energy, Inc. (NYSE:CWEN) is one of the 10 Best Renewable Energy Stocks to Buy Now. As of March 7, 2026, Wall Street’s consensus 12-month price target on the stock stood at $40.14, implying about 6.25% upside from its $37.78 trading price. Analyst targets ranged from $34 to $45, while the stock carried a Moderate Buy consensus based on nine ratings.

That backdrop gives context to Evercore ISI’s March 5 move on the name. On that date, analyst Nicholas Amicucci maintained an In-Line rating on Clearway Energy and raised the firm’s price target to $39 from $34. The updated target brought Evercore’s view closer to the broader analyst consensus.

The cautious increase also came shortly after Clearway reported full-year 2025 results. The company said full-year CAFD reached $430 million, at the top end of its guidance range, and reaffirmed its 2026 CAFD guidance of $470 million to $510 million. Clearway also raised its quarterly dividend to $0.4602 per share on February 17, 2026, giving investors a fresh operating and capital-return backdrop as analysts updated their models.

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Clearway Energy, Inc. (NYSE:CWEN) owns a large U.S. power generation portfolio centered on wind, solar, and energy storage, while also operating dispatchable generation assets. The company says its portfolio comprises about 12.7 GW of gross capacity across 27 states, including 9.9 GW of wind, solar, and storage assets.

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