CPFL Energia Future Growth

Future criteria checks 1/6

CPFL Energia's revenue and earnings are forecast to decline at 0.4% and 2.5% per annum respectively. EPS is expected to decline by 4% per annum. Return on equity is forecast to be 21.1% in 3 years.

Key information

-2.5%

Earnings growth rate

-4.04%

EPS growth rate

Electric Utilities earnings growth	2.4%
Revenue growth rate	-0.4%
Future return on equity	21.08%
Analyst coverage	Good
Last updated	12 Sep 2025

Recent future growth updates

CPFL Energia S.A. Just Beat EPS By 7.7%: Here's What Analysts Think Will Happen Next

Aug 17

CPFL Energia S.A. Just Beat EPS By 32%: Here's What Analysts Think Will Happen Next

May 17

Recent updates

Here's Why CPFL Energia (BVMF:CPFE3) Has A Meaningful Debt Burden

Sep 30

CPFL Energia S.A. Just Beat EPS By 7.7%: Here's What Analysts Think Will Happen Next

Aug 17

Pinning Down CPFL Energia S.A.'s (BVMF:CPFE3) P/E Is Difficult Right Now

Jul 22

We Think CPFL Energia (BVMF:CPFE3) Is Taking Some Risk With Its Debt

Jul 01

CPFL Energia S.A. Just Beat EPS By 32%: Here's What Analysts Think Will Happen Next

May 17

Promising Green Hydrogen Project And Industrial Recovery Boost Prospects, But Regulatory Challenges And Margin Pressures May Limit Growth

Dec 02 Promising green hydrogen project and industrial market recovery indicate potential for increased future revenue and growth.

Here's Why CPFL Energia (BVMF:CPFE3) Has A Meaningful Debt Burden

Dec 01

CPFL Energia S.A.'s (BVMF:CPFE3) Share Price Is Matching Sentiment Around Its Earnings

Oct 25

Earnings and Revenue Growth Forecasts

BOVESPA:CPFE3 - Analysts future estimates and past financials data (BRL Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2027	43,600	5,068	N/A	7,937	5
12/31/2026	41,365	4,740	3,799	7,811	9
12/31/2025	40,081	4,731	3,818	7,187	5
6/30/2025	44,005	5,407	2,748	7,942	N/A
3/31/2025	43,118	5,334	3,218	8,356	N/A
12/31/2024	42,628	5,458	1,714	6,789	N/A
9/30/2024	41,222	5,488	1,936	6,792	N/A
6/30/2024	40,343	5,471	2,044	6,719	N/A
3/31/2024	40,070	5,608	2,593	7,085	N/A
12/31/2023	39,743	5,527	4,409	8,900	N/A
9/30/2023	39,940	5,367	4,334	8,934	N/A
6/30/2023	39,971	5,528	4,724	9,711	N/A
3/31/2023	39,906	5,591	4,839	9,984	N/A
12/31/2022	39,354	5,100	3,793	8,980	N/A
9/30/2022	39,537	5,055	3,639	8,398	N/A
6/30/2022	40,721	5,049	2,231	6,434	N/A
3/31/2022	40,209	4,904	821	4,820	N/A
12/31/2021	39,210	4,748	258	3,862	N/A
9/30/2021	37,564	4,421	390	3,596	N/A
6/30/2021	34,155	4,356	1,882	4,887	N/A
3/31/2021	31,904	3,699	2,880	5,517	N/A
12/31/2020	30,898	3,643	3,691	6,179	N/A
9/30/2020	29,647	3,520	4,412	6,921	N/A
6/30/2020	29,613	2,860	3,534	5,933	N/A
3/31/2020	30,087	2,989	2,605	4,909	N/A
12/31/2019	29,932	2,703	3,526	5,768	N/A
9/30/2019	28,597	2,466	1,485	3,749	N/A
6/30/2019	28,980	2,343	1,143	3,324	N/A
3/31/2019	28,889	2,218	N/A	3,218	N/A
12/31/2018	28,137	2,058	N/A	857	N/A
9/30/2018	28,910	1,912	N/A	920	N/A
6/30/2018	28,564	1,690	N/A	1,124	N/A
3/31/2018	27,581	1,378	N/A	1,299	N/A
12/31/2017	26,745	1,180	N/A	2,034	N/A
9/30/2017	24,797	859	N/A	3,978	N/A
6/30/2017	21,796	759	N/A	4,303	N/A
3/31/2017	20,314	875	N/A	4,558	N/A
12/31/2016	19,112	901	N/A	4,634	N/A
9/30/2016	18,780	1,067	N/A	4,914	N/A
6/30/2016	18,964	1,103	N/A	4,001	N/A
3/31/2016	19,646	967	N/A	2,989	N/A
12/31/2015	20,599	865	N/A	2,558	N/A
9/30/2015	20,663	1,073	N/A	1,167	N/A
6/30/2015	19,938	901	N/A	1,495	N/A
3/31/2015	18,669	942	N/A	1,780	N/A
12/31/2014	17,306	949	N/A	1,593	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: CPFE3's earnings are forecast to decline over the next 3 years (-2.5% per year).

Earnings vs Market: CPFE3's earnings are forecast to decline over the next 3 years (-2.5% per year).

High Growth Earnings: CPFE3's earnings are forecast to decline over the next 3 years.

Revenue vs Market: CPFE3's revenue is expected to decline over the next 3 years (-0.4% per year).

High Growth Revenue: CPFE3's revenue is forecast to decline over the next 3 years (-0.4% per year).

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: CPFE3's Return on Equity is forecast to be high in 3 years time (21.1%)

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Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/10/04 18:50
End of Day Share Price	2025/10/03 00:00
Earnings	2025/06/30
Annual Earnings	2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

CPFL Energia S.A. is covered by 25 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Alexandre Ulm de Freitas	Agora Senior
Felipe Mattar	Barclays
Gustavo Faria	BofA Global Research

CPFL Energia Future Growth

Future criteria checks 1/6

Key information

Recent future growth updates

CPFL Energia S.A. Just Beat EPS By 7.7%: Here's What Analysts Think Will Happen Next

CPFL Energia S.A. Just Beat EPS By 32%: Here's What Analysts Think Will Happen Next

Consensus EPS estimates fall by 10%

Consensus EPS estimates increase by 13%, revenue downgraded

Recent updates

Here's Why CPFL Energia (BVMF:CPFE3) Has A Meaningful Debt Burden

CPFL Energia S.A. Just Beat EPS By 7.7%: Here's What Analysts Think Will Happen Next

Second quarter 2025 earnings: EPS and revenues exceed analyst expectations

New major risk - Revenue and earnings growth

Pinning Down CPFL Energia S.A.'s (BVMF:CPFE3) P/E Is Difficult Right Now

CPFL Energia S.A. to Report Q2, 2025 Results on Aug 14, 2025

We Think CPFL Energia (BVMF:CPFE3) Is Taking Some Risk With Its Debt

CPFL Energia S.A. Just Beat EPS By 32%: Here's What Analysts Think Will Happen Next

First quarter 2025 earnings: EPS and revenues exceed analyst expectations

CPFL Energia S.A. to Report Q1, 2025 Results on May 15, 2025

Dividend of R$2.79 announced

CPFL Energia S.A., Annual General Meeting, Apr 29, 2025

CPFL Energia (BVMF:CPFE3) Takes On Some Risk With Its Use Of Debt

Consensus EPS estimates fall by 10%

Full year 2024 earnings: Revenues exceed analyst expectations

Subdued Growth No Barrier To CPFL Energia S.A.'s (BVMF:CPFE3) Price

CPFL Energia (BVMF:CPFE3) Is Looking To Continue Growing Its Returns On Capital

CPFL Energia S.A. to Report Q4, 2024 Results on Feb 26, 2025

Promising Green Hydrogen Project And Industrial Recovery Boost Prospects, But Regulatory Challenges And Margin Pressures May Limit Growth

Here's Why CPFL Energia (BVMF:CPFE3) Has A Meaningful Debt Burden

Third quarter 2024 earnings: Revenues exceed analyst expectations

CPFL Energia S.A.'s (BVMF:CPFE3) Share Price Is Matching Sentiment Around Its Earnings

New major risk - Revenue and earnings growth

Second quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behind

CPFL Energia S.A. to Report Q2, 2024 Results on Aug 08, 2024

Consensus EPS estimates increase by 13%, revenue downgraded

First quarter 2024 earnings released

Now 21% overvalued

Upcoming dividend of R$2.75 per share

CPFL Energia S.A. to Report Q1, 2024 Results on May 09, 2024

Now 22% overvalued

Final dividend of R$2.75 announced

Full year 2023 earnings: Revenues exceed analyst expectations

Now 20% overvalued

CPFL Energia S.A. to Report Q4, 2023 Results on Mar 21, 2024

Third quarter 2023 earnings: EPS and revenues exceed analyst expectations

CPFL Energia S.A. to Report Q3, 2023 Results on Nov 09, 2023

Second quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

CPFL Energia S.A. to Report Q2, 2023 Results on Aug 10, 2023

First quarter 2023 earnings: Revenues exceed analyst expectations

Upcoming dividend of R$2.10 per share at 6.2% yield

Full year 2022 earnings: Revenues exceed analyst expectations

Third quarter 2022 earnings: EPS and revenues exceed analyst expectations

Less than half of directors are independent

CPFL Energia S.A. to Report Q3, 2022 Results on Nov 10, 2022

Now 20% undervalued

Now 20% undervalued

Second quarter 2022 earnings: EPS and revenues exceed analyst expectations

CPFL Energia S.A. to Report Q2, 2022 Results on Aug 11, 2022

Now 20% undervalued

First quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Less than half of directors are independent

CPFL Energia S.A. to Report Q1, 2022 Results on May 12, 2022

CPFL Energia S.A., Annual General Meeting, Mar 29, 2022

Less than half of directors are independent

CPFL Energia S.A. to Report Q4, 2021 Results on Mar 17, 2022

CPFL Energia S.A. to Report Q4, 2020 Results on Mar 25, 2021

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings per Share Growth Forecasts

Future Return on Equity

Discover growth companies

Company Analysis and Financial Data Status

Data Sources

Analysis Model and Snowflake

Industry and Sector Metrics

Analyst Sources