Brookfield Renewable (BEP) stock forecast for 2023. Forecast tables and graphs.

Brookfield Renewable (BEP) stock forecast for 2023

Last update: December 3, 2022 (10:52)

Sector: Utilities

The share price of Brookfield Renewable Partners L.P. (BEP) now

What analysts predict: $39.16

52-week high/low: $40.78 / $27.02

50/200 Day Moving Average: $29.85 / $35.24

This figure corresponds to the average price over the previous 50/200 days. For Brookfield Renewable stocks, the 50-day moving average is the resistance level today.

For Brookfield Renewable stocks, the 200-day moving average is the resistance level today.

Are you interested in Brookfield Renewable stocks and want to buy them, or are they already in your portfolio? If yes, then on this page you will find useful information about the dynamics of the Brookfield Renewable stock price in 2023. How much will one Brookfield Renewable share be worth in 2023?

Is it worth taking profit / loss on Brookfield Renewable stock now or waiting? What are analysts' forecasts for Brookfield Renewable stock?

We forecast Brookfield Renewable stock performance using neural networks based on historical data on Brookfield Renewable stocks. Also, when forecasting, technical analysis tools are used, world geopolitical and news factors are taken into account.

The Brookfield Renewable stock prediction results are shown below and presented as a graph, table and text information.

Brookfield Renewable stock forecasts are adjusted once a day based on the closing price of the previous trading day.

The minimum target price for Brookfield Renewable analysts is $39.16.

Today 200 Day Moving Average is the resistance level (35.24 $).

50 Day Moving Average is the resistance level (29.85 $).





Historical and forecast chart of Brookfield Renewable stock

The chart below shows the historical price of Brookfield Renewable stock and a prediction chart for the next year. For convenience, prices are divided by color. Forecast prices include: Optimistic Forecast, Pessimistic Forecast, and Weighted Average Best Forecast. Detailed values for the Brookfield Renewable stock price can be found in the table below.

Brookfield Renewable (BEP) Forecast for 2023

Month Target Pes. Opt. Vol., %
Jan 28.18 26.20 29.68 11.72 %
Feb 27.08 25.46 29.16 12.68 %
Mar 26.87 24.74 29.00 14.69 %
Apr 24.22 21.70 25.88 16.18 %
May 23.08 22.33 23.89 6.53 %
Jun 23.26 21.05 24.23 13.10 %
Jul 23.62 21.84 25.44 14.13 %
Aug 25.04 24.32 26.27 7.43 %
Sep 24.52 22.73 25.89 12.19 %
Oct 24.42 22.36 26.77 16.48 %
Nov 24.26 23.06 25.78 10.52 %
Dec 25.34 23.69 26.72 11.34 %

Brookfield Renewable information and performance

Brookfield Renewable Partners LP owns a portfolio of renewable energy facilities primarily in North America, Colombia, Brazil, Europe, India and China. It operates in the following segments: hydroelectric power; wind; solar energy; storage and others; and corporate. The company was founded on June 27, 2011 and is headquartered in Hamilton, Bermuda.

Brookfield Renewable Address

73 FRONT STREET, FIFTH FLOOR, HAMILTON, BM

Market Capitalization: 18 570 047 000 $

Market capitalization is the total market value of all issued shares of a company. It is calculated by the formula multiplying the number of shares in the company outstanding by the market price of one share.

EBITDA: 2 996 000 000 $

EBITDA is earnings before interest, income tax and depreciation of assets.

PE Ratio: None

P/E ratio (price to earnings) - shows the ratio between the price of a share and the company's profit

PEG Ratio: 3.398

Price/earnings to growth

DPS: 1.261

Dividend Per Share is a financial indicator equal to the ratio of the company's net profit available for distribution to the annual average of ordinary shares.

DY: 0.0443

Dividend yield is a ratio that shows how much a company pays in dividends each year at the stock price.

EPS: -0.511

EPS shows how much of the net profit is accounted for by the common share.

Quarterly Earnings Growth YOY: -0.434

Quarterly Revenue Growth YOY: 0.144

Trailing PE: -

Trailing P/E depends on what has already been done. It uses the current share price and divides it by the total earnings per share for the last 12 months.

Forward PE: 156.25

Forward P/E uses projections of future earnings instead of final numbers.

EV To Revenue: 6.9

Enterprise Value (EV) /Revenue

EV To EBITDA: 11.55

The EV / EBITDA ratio shows the ratio of the cost (EV) to its profit before tax, interest and amortization (EBITDA).

Shares Outstanding: 275287000

Number of issued ordinary shares

Shares Float: N/A

Number of freely tradable shares

Shares Short Prior Month: N/A

Shares Short Prior Month - the number of shares in short positions in the last month.

Short Ratio: N/A

Percent Insiders: N/A

Percent Institutions: N/A

Brookfield Renewable price target for 2023 by month


Target values for the price of one Brookfield Renewable share for Jan 2023.

The weighted average target price per Brookfield Renewable share in Jan 2023 is: 28.18. In Jan, the positive dynamics for Momo shares will prevail with possible monthly volatility of 11.725% volatility is expected.

Pessimistic target level: 26.20

Optimistic target level: 29.68


Target values for the price of one Brookfield Renewable share for Feb 2023.

The weighted average target price per Brookfield Renewable share in Feb 2023 is: 27.08. In Feb, the negative dynamics for Momo shares will prevail with possible monthly volatility of 12.678% volatility is expected.

Pessimistic target level: 25.46

Optimistic target level: 29.16


Target values for the price of one Brookfield Renewable share for Mar 2023.

The weighted average target price per Brookfield Renewable share in Mar 2023 is: 26.87. In Mar, the negative dynamics for Momo shares will prevail with possible monthly volatility of 14.694% volatility is expected.

Pessimistic target level: 24.74

Optimistic target level: 29.00


Target values for the price of one Brookfield Renewable share for Apr 2023.

The weighted average target price per Brookfield Renewable share in Apr 2023 is: 24.22. In Apr, the negative dynamics for Momo shares will prevail with possible monthly volatility of 16.175% volatility is expected.

Pessimistic target level: 21.70

Optimistic target level: 25.88


Target values for the price of one Brookfield Renewable share for May 2023.

The weighted average target price per Brookfield Renewable share in May 2023 is: 23.08. In May, the negative dynamics for Momo shares will prevail with possible monthly volatility of 6.531% volatility is expected.

Pessimistic target level: 22.33

Optimistic target level: 23.89


Target values for the price of one Brookfield Renewable share for Jun 2023.

The weighted average target price per Brookfield Renewable share in Jun 2023 is: 23.26. In Jun, the positive dynamics for Momo shares will prevail with possible monthly volatility of 13.105% volatility is expected.

Pessimistic target level: 21.05

Optimistic target level: 24.23


Target values for the price of one Brookfield Renewable share for Jul 2023.

The weighted average target price per Brookfield Renewable share in Jul 2023 is: 23.62. In Jul, the positive dynamics for Momo shares will prevail with possible monthly volatility of 14.127% volatility is expected.

Pessimistic target level: 21.84

Optimistic target level: 25.44


Target values for the price of one Brookfield Renewable share for Aug 2023.

The weighted average target price per Brookfield Renewable share in Aug 2023 is: 25.04. In Aug, the positive dynamics for Momo shares will prevail with possible monthly volatility of 7.433% volatility is expected.

Pessimistic target level: 24.32

Optimistic target level: 26.27


Target values for the price of one Brookfield Renewable share for Sep 2023.

The weighted average target price per Brookfield Renewable share in Sep 2023 is: 24.52. In Sep, the negative dynamics for Momo shares will prevail with possible monthly volatility of 12.189% volatility is expected.

Pessimistic target level: 22.73

Optimistic target level: 25.89


Target values for the price of one Brookfield Renewable share for Oct 2023.

The weighted average target price per Brookfield Renewable share in Oct 2023 is: 24.42. In Oct, the negative dynamics for Momo shares will prevail with possible monthly volatility of 16.484% volatility is expected.

Pessimistic target level: 22.36

Optimistic target level: 26.77


Target values for the price of one Brookfield Renewable share for Nov 2023.

The weighted average target price per Brookfield Renewable share in Nov 2023 is: 24.26. In Nov, the negative dynamics for Momo shares will prevail with possible monthly volatility of 10.523% volatility is expected.

Pessimistic target level: 23.06

Optimistic target level: 25.78


Target values for the price of one Brookfield Renewable share for Dec 2023.

The weighted average target price per Brookfield Renewable share in Dec 2023 is: 25.34. In Dec, the positive dynamics for Momo shares will prevail with possible monthly volatility of 11.341% volatility is expected.

Pessimistic target level: 23.69

Optimistic target level: 26.72




Brookfield Renewable (BEP) stock dividend

Brookfield Renewable last paid dividends on 11/29/2022. The next scheduled payment will be on 12/30/2022. The amount of dividends is $1.261 per share. If the date of the next dividend payment has not been updated, it means that the issuer has not yet announced the exact payment. As soon as information becomes available, we will immediately update the data. Bookmark our portal to stay updated.

Last Split Date: 01/01/1970

Last Split Factor:


Splitting of shares is an increase in the number of securities of the issuing company circulating on the market due to a decrease in their value at constant capitalization.

For example, a 5: 1 ratio means that the value of one share will decrease 5 times, the total amount will increase 5 times. It is important to understand that this procedure does not change the capitalization of the company, as well as the total value of assets held in private hands.


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Disclaimer:

All forecast data on the site are provided for informational purposes of using neural forecasting tools in the financial market and are not a call to action and, moreover, are not trading signals. When using the forecast data, the investor assumes all financial risks. The pandaforecast.com portal is not responsible for the loss of your money in the stock market as a result of using the information contained on the site.