RE:Analyst round up All analysts say there's an upside from the current price, to their target prices.
As for price drops, Brookfield Renewables, Innergex, and Northland all down 50% from their peaks. It's not a one company thing, but an industry wide decline. Orsted, the largest offshore windfarm developer in the world, is down from 1100 to 540, about 50%
TSX Renewable Index (TXCT) 282 peak to 125 now. Approx 50% decline.
The best stock with holding power is Capital Power (CPX).
As for the CEO's comments about accelerating growth into 2024, it's unclear what he mean't. Not going to read anything into it. He concluded by talking about projects in the developmental pipeline and the ability to choose the most appropriate.
The "identified" projects are listed, but what's in the hidden developmental list of over 4GW potential?