Investing IdeasBrowse All StocksMarkets
Have your own idea? Try our Stock Screener
Header cover image

U.S. Renewable Energy Industry Analysis

UpdatedApr 07, 2026
DataAggregated Company Financials
Companies34
  • 7D2.8%
  • 3M-6.9%
  • 1Y49.8%
  • YTD-5.7%

In the last week, the Renewable Energy industry is up 2.8%, with Vistra up 2.7%. Meanwhile, AleAnna actually underperformed within the industry, shrinking 24% in the last week. This takes the industry's 12 month performance to a gain of 50%. As for the next few years, earnings are expected to grow by 28% per annum.

Industry Valuation and Performance

Has the U.S. Renewable Energy Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 07 Apr 2026US$110.3bUS$42.4b-US$477,998,281.9954.3x-230.6x2.6x
Thu, 05 Mar 2026US$113.2bUS$42.4b-US$708,217,719.2152.9x-159.9x2.7x
Sat, 31 Jan 2026US$115.6bUS$41.4bUS$1.5b55.9x77.2x2.8x
Mon, 29 Dec 2025US$113.9bUS$41.4bUS$1.5b51.5x76.5x2.7x
Wed, 26 Nov 2025US$118.4bUS$41.4bUS$1.5b51.6x79.6x2.9x
Fri, 24 Oct 2025US$121.9bUS$43.3bUS$1.4b45.9x86.3x2.8x
Sun, 21 Sep 2025US$128.4bUS$43.2bUS$1.4b41.4x90.2x3x
Tue, 19 Aug 2025US$121.7bUS$43.3bUS$1.4b42.6x85.5x2.8x
Thu, 17 Jul 2025US$115.2bUS$42.7bUS$3.2b38x36.1x2.7x
Sat, 14 Jun 2025US$106.9bUS$42.2bUS$3.4b31.8x31.9x2.5x
Mon, 12 May 2025US$88.9bUS$42.1bUS$3.3b27.3x27.3x2.1x
Wed, 09 Apr 2025US$73.9bUS$42.2bUS$5.0b26.8x14.9x1.8x
Fri, 07 Mar 2025US$83.9bUS$42.2bUS$5.0b19.8x16.8x2x
Sun, 02 Feb 2025US$94.2bUS$41.2bUS$3.8b20.9x24.6x2.3x
Tue, 31 Dec 2024US$82.3bUS$36.5bUS$3.6b23.7x22.8x2.3x
Thu, 28 Nov 2024US$94.9bUS$37.8bUS$3.6b27.1x26.2x2.5x
Sat, 26 Oct 2024US$83.5bUS$35.5bUS$1.8b27.7x46.9x2.3x
Mon, 23 Sep 2024US$81.1bUS$35.5bUS$1.8b29.4x44x2.3x
Wed, 21 Aug 2024US$68.2bUS$35.5bUS$1.9b26.8x36.4x1.9x
Fri, 19 Jul 2024US$65.0bUS$34.9bUS$1.2b34.6x54.3x1.9x
Sun, 16 Jun 2024US$70.7bUS$34.9bUS$1.2b35.1x59.4x2x
Tue, 14 May 2024US$71.2bUS$35.2bUS$926.3m41.4x76.9x2x
Thu, 11 Apr 2024US$60.7bUS$36.7bUS$1.2b41.2x48.6x1.7x
Sat, 09 Mar 2024US$56.2bUS$34.9bUS$1.7b31.1x32.5x1.6x
Mon, 05 Feb 2024US$51.0bUS$35.9bUS$1.4b23.2x37.5x1.4x
Wed, 03 Jan 2024US$53.8bUS$35.9bUS$1.4b23.6x39.3x1.5x
Fri, 01 Dec 2023US$47.7bUS$35.9bUS$1.4b24.5x35.1x1.3x
Sun, 29 Oct 2023US$43.4bUS$37.2bUS$1.3b21x33.1x1.2x
Tue, 26 Sep 2023US$49.0bUS$37.1bUS$1.3b30.6x37x1.3x
Thu, 24 Aug 2023US$49.6bUS$37.1bUS$1.3b31.6x37.4x1.3x
Sat, 22 Jul 2023US$55.0bUS$35.0b-US$1,135,958,754.0034.4x-48.4x1.6x
Mon, 19 Jun 2023US$50.0bUS$35.2b-US$1,179,043,594.0030.7x-42.4x1.4x
Wed, 17 May 2023US$48.8bUS$34.6b-US$355,661,940.0026.6x-137.2x1.4x
Fri, 14 Apr 2023US$53.4bUS$32.6b-US$1,133,207,821.0014.3x-47.1x1.6x
Price to Earnings Ratio

-47.1x


Total Market Cap: US$53.4bTotal Earnings: -US$1,133,207,821.00Total Revenue: US$32.6bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Renewable Energy Industry Price to Earnings3Y Average 71.9x202420252026
Current Industry PE
  • Investors are optimistic on the American Renewable Energy industry, and appear confident in long term growth rates.
  • The 3-year average PS ratio of 2.1x is lower than the industry's current PS ratio of 2.6x.
Past Earnings Growth
  • The earnings for companies in the Renewable Energy industry have improved over the last three years.
  • Revenues for these companies have grown 9.1% per year.
  • This means that more sales are being generated by these companies overall, and subsequently losses are decreasing too.

Industry Trends

Which industries have driven the changes within the U.S. Utilities industry?

US Market4.40%
Utilities0.63%
Renewable Energy2.77%
Renewable Energy2.82%
Independent Power Producers and Energy Traders2.75%
Industry PE
  • Investors are most optimistic about the Independent Power Producers and Energy Traders industry which is trading above its 3-year average PE ratio of 22.8x.
    • Analysts are expecting annual earnings growth of 24.7%, which is higher than its past year's earnings decline of 56.9% per year.
Forecasted Growth
  • Analysts are most optimistic on the Renewable Energy industry, expecting annual earnings growth of 37% over the next 5 years.
  • This is better than its past earnings growth rate of 0.1% per year.
  • In contrast, the Independent Power Producers and Energy Traders industry is expected to see its earnings grow by 25% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
VST VistraUS$151.592.7%
+US$1.4b		47.6%PE68.2x
BEPC Brookfield RenewableUS$41.275.9%
+US$777.1m		61.8%PS3.8x
TLN Talen EnergyUS$324.093.5%
+US$502.1m		77.0%PS5.6x
AES AESUS$14.332.2%
+US$221.1m		34.1%PE10.9x
RNW ReNew Energy GlobalUS$4.776.0%
+US$98.3m		-15.4%PE13.3x

Latest News

VST
US$151.59
Vistra
7D
2.7%
1Y
47.6%

Vistra: Still Not Buying The Dip Here

Apr 06
RNW
US$4.77
ReNew Energy Global
7D
6.0%
1Y
-15.4%

RNW: Long Term Contracts And Asset Recycling Will Support Future Upside Potential

Analysts have maintained their price target for ReNew Energy Global at $7.98 per share, citing unchanged assumptions around fair value, discount rate, revenue growth of about 18.23% and profit margin near 9.59%, along with a modest adjustment in the expected future P/E to roughly 19.36x. What's in the News ReNew agreed to sell its 100 MW / 117.5 MWp solar project in Tamil Nadu to Technique Solaire Group at an enterprise value of US$49 million.
ELLO
US$24.99
Ellomay Capital
7D
2.8%
1Y
83.3%
TLN
US$324.09
Talen Energy
7D
3.5%
1Y
77.0%

TLN: PJM Power Prices And Nuclear Shift Will Recast Earnings Power

Analysts have trimmed their price targets on Talen Energy by $2 to $27 in recent updates, citing adjustments to their models that reflect slightly different assumptions on discount rates, revenue growth, profit margins and future P/E multiples, while still incorporating a mix of cautious and constructive views from recent research. Analyst Commentary Street research on Talen Energy has been mixed, with some investors dialing back their expectations and others still highlighting upside based on updated cash flow and earnings assumptions.
ANNA
US$7.81
AleAnna
7D
-23.7%
1Y
-13.5%
ORA
US$110.57
Ormat Technologies
7D
1.0%
1Y
62.0%

ORA: Long Term PPAs And Storage Expansion Will Support Stronger Outlook

Analysts have adjusted their price target on Ormat Technologies slightly lower to about $127, citing updated views on fair value, discount rate, revenue growth, profit margin, and future P/E assumptions. What's in the News Ormat began commercial operations at the Shirk 80MW/320MWh battery energy storage facility in Visalia, California, under a 15 year Resource Adequacy agreement with the City of Riverside.
BEPC
US$41.27
Brookfield Renewable
7D
5.9%
1Y
61.8%
AES
US$14.33
AES
7D
2.2%
1Y
34.1%

AES: Take Private Offer And Data Center Commitments Will Shape Future Upside

The analyst fair value estimate for AES has been revised from $8.50 to $15.00. Analysts are pointing to the $15 per share take-private offer and a cluster of recent downgrades and Neutral ratings that now anchor expectations around the deal price.
MNTK
US$1.13
Montauk Renewables
7D
-5.0%
1Y
-41.1%

MNTK: 2026 Guidance Will Offset Margin And Leverage Concerns For Undervalued Shares

Analysts trimmed their price targets on Montauk Renewables by $0.50 at Clear Street to $3.50 and by $1.50 at B. Riley, citing mixed Q4 results, pressure on EBITDA margins, higher working capital related cash burn, and lower historical trading multiples, along with higher debt leverage from CapEx despite upbeat 2026 guidance.
CWEN.A
US$39.59
Clearway Energy
7D
1.9%
1Y
54.5%

CWEN.A: Long Term Contracts And Data Center Demand Will Support Distributions

Narrative Update The analyst price target for Clearway Energy has moved from $40.20 to $41.00, with analysts pointing to recent target increases across several firms following Q4 results and improving visibility on long term cash available for distribution and project development. Analyst Commentary Recent research has focused on how Clearway Energy is executing against its cash available for distribution targets and project pipeline, and what that might imply for valuation and growth reliability.
HNRG
US$16.08
Hallador Energy
7D
-4.3%
1Y
55.2%
VIVO
US$2.13
VivoPower
7D
-5.3%
1Y
-42.4%