Brookfield Renewable Partners LP

BEP · TORONTO

$28.54−$0.37 (−1.28%)TodayMarket closed · Oct 23, 7:30 PM ET

Prev close $28.91

BEP analyst rating

BuyConsensus of 7 analysts over the last 12 months. 71% rate it a buy.

Strong buy0
Buy5
Hold2
Underperform0
Sell0

12-month price target · 7 analysts

Average $33.32 (+16.7% upside)

Low: $23.47
Now: $28.54
High: $40.52

Upgrades and downgrades

The latest rating actions, newest first

BEP analyst upgrades, downgrades and rating actions
Firm	Date	Action	Rating	Price target	Hit rate
JP Morgan	Oct 19, 2026	Maintains	Neutral	$36.00 → $32.00	47%
Morgan Stanley	Oct 13, 2026	Maintains	Overweight	$42.00 → $37.00	64%
UBS	Oct 1, 2026	Maintains	Buy	$40.00 → $34.00	33%
Barclays	Jul 22, 2026	Maintains	Equal-Weight	$28.00 → $30.00	47%
JP Morgan	Jul 21, 2026	Downgrade	Overweight → Neutral	$36.00	47%
UBS	Jun 12, 2026	Maintains	Buy	$39.00 → $40.00	33%
Scotiabank	May 29, 2026	Maintains	Sector Outperform	$36.00 → $42.00	50%
CIBC	Apr 20, 2026	Maintains	Outperformer	$37.00 → $40.00	42%
JP Morgan	Apr 16, 2026	Maintains	Overweight	$34.00 → $40.00	47%
Morgan Stanley	Mar 23, 2026	Maintains	Overweight	$38.00 → $42.00	64%

The case for and against

Updated Mar 27, 2025

Bull case

Brookfield Renewable benefits from significant energy demand growth driven by major tech advancements and the increasing reliance on cloud computing, leading to a robust 75% increase in datacenter orders and a substantial backlog. The company's diverse global portfolio, which exceeds 20 gigawatts of installed capacity across various clean energy technologies, positions it favorably to capitalize on the strong demand for renewables, particularly from the U.S. market, supported by premium electricity prices for its hydroelectric assets and long-term power contracts. Additionally, the overall resilience in housing activity and increasing demand for electrical infrastructure contribute to a positive outlook for Brookfield Renewable's financial performance in the near term.

Bear case

The outlook for Brookfield Renewable's stock appears negative due to several financial indicators reflecting operational challenges. Operating margins experienced a slight decline, attributed to expected dilution from the NFP acquisition, and there are projected reductions in earnings per share (EPS) estimates for the upcoming years, signaling potential profitability concerns. Additionally, softening demand in various sectors, combined with reduced investor sentiment and adjustments to revenue guidance below consensus, contributes to an overall unfavorable financial assessment for the company.

Information on this page is provided for informational purposes only and is not a recommendation to buy, sell or hold any security. Investing involves risk, including possible loss of principal. Market data is delayed at least 15 minutes and is provided without warranty. Analyst ratings, price targets and company data come from third-party sources. Past performance does not guarantee future results.