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Clearway Energy, Inc. (NYSE:CWEN) is included among the 10 Best Renewable Energy Stocks to Buy According to Billionaires.

Clearway Energy, Inc. (NYSE:CWEN) 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.

While we acknowledge the potential of CWEN as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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