Key Updates on Utility Stocks
Brookfield Renewable Corporation (NYSE: BEPC) operates 47 GW of renewable capacity and has over 200 GW in its project pipeline, recently acquiring a 51% stake in Westinghouse in collaboration with Cameco (NYSE: CCJ) in 2023. Analysts forecast a 22% revenue growth and a 6% EBITDA growth from 2025 to 2028, with a stable forward dividend yield of 3.8% and an enterprise value of $58.4 billion.
GE Vernova (NYSE: GEV), spun off from General Electric in 2024, has seen its stock surge nearly eightfold since its debut. Expected CAGRs for revenue and adjusted EBITDA from 2025 to 2028 are 15% and 55%, respectively. The company reported that more than half of its orders stem from gas turbines and electrification services, contributing to its enterprise value of $233 billion.
