- Morgan Stanley set a price target of $39 for NYSE:BEPC, indicating a potential increase of about 14.79%.
- BEPC is currently trading at $34.05, with a market capitalization of approximately $4.93 billion.
- The alternative energy sector faces challenges such as rising wind turbine costs and U.S. tariffs but benefits from the electrification of transportation.
Brookfield Renewable Corporation, trading on the NYSE under the symbol BEPC, is a prominent player in the alternative energy sector. The company focuses on generating and distributing electricity from renewable sources like wind and natural resources. It competes with other industry leaders such as Talen Energy Corp. and Bloom Energy.
On August 26, 2025, Morgan Stanley set a price target of $39 for NYSE:BEPC. At that time, the stock was priced at $33.98, suggesting a potential increase of about 14.79%. Currently, BEPC is trading at $34.05, marking a 1.55% rise or $0.52 increase. The stock has fluctuated between $33.65 and $34.10 during the day.
The alternative energy sector is undergoing significant changes, with a promising outlook for wind energy installations. However, rising wind turbine costs and U.S. tariffs, especially the One Big Beautiful Act, present challenges. Despite these hurdles, the rapid electrification of transportation is expected to boost the U.S. electric vehicle market, benefiting clean energy stocks like BEPC.
BEPC’s market capitalization is approximately $4.93 billion, with a trading volume of 183,358 shares. Over the past year, the stock has seen a high of $37 and a low of $23.73. These figures highlight the stock’s volatility and potential for growth in the evolving alternative energy landscape.