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NASDAQ:RNW

ReNew Energy Global (RNW) Stock Price, News & Analysis

ReNew Energy Global logo
$6.51 +0.17 (+2.68%)
As of 04:00 PM Eastern

About ReNew Energy Global Stock (NASDAQ:RNW)

Key Stats

Today's Range
$6.35
$6.53
50-Day Range
$5.61
$6.76
52-Week Range
$5.15
$7.49
Volume
555,566 shs
Average Volume
1.06 million shs
Market Capitalization
$2.36 billion
P/E Ratio
130.20
Dividend Yield
N/A
Price Target
$7.50
Consensus Rating
Moderate Buy

Company Overview

ReNew Energy Global Plc generates power through non-conventional and renewable energy sources in India. The company operates through two segments: Wind Power and Solar Power. It develops, builds, owns, and operates utility scale wind and solar energy, hydro energy, and utility-scale firm power projects, as well as distributed solar energy projects that generate energy for commercial and industrial customers. The company provides engineering, procurement, and construction services; operation and maintenance services; consultancy services; and sells renewable energy certificates. ReNew Energy Global Plc was founded in 2011 and is based in London, the United Kingdom.

ReNew Energy Global Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
55th Percentile Overall Score

RNW MarketRank™: 

ReNew Energy Global scored higher than 55% of companies evaluated by MarketBeat, and ranked 169th out of 271 stocks in the energy sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    ReNew Energy Global has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.

  • Amount of Analyst Coverage

    ReNew Energy Global has only been the subject of 1 research reports in the past 90 days.

  • Read more about ReNew Energy Global's stock forecast and price target.
  • Earnings Growth

    Earnings for ReNew Energy Global are expected to grow by 106.67% in the coming year, from $0.15 to $0.31 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of ReNew Energy Global is 130.20, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 21.66.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of ReNew Energy Global is 130.20, which means that it is trading at a more expensive P/E ratio than the Energy sector average P/E ratio of about 47.94.

  • Price to Book Value per Share Ratio

    ReNew Energy Global has a P/B Ratio of 1.60. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Read more about ReNew Energy Global's valuation and earnings.
  • Percentage of Shares Shorted

    1.33% of the float of ReNew Energy Global has been sold short.
  • Short Interest Ratio / Days to Cover

    ReNew Energy Global has a short interest ratio ("days to cover") of 1.8, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in ReNew Energy Global has recently decreased by 13.85%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    ReNew Energy Global does not currently pay a dividend.

  • Dividend Growth

    ReNew Energy Global does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    1.33% of the float of ReNew Energy Global has been sold short.
  • Short Interest Ratio / Days to Cover

    ReNew Energy Global has a short interest ratio ("days to cover") of 1.8, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in ReNew Energy Global has recently decreased by 13.85%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    ReNew Energy Global has a news sentiment score of 1.20. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.80 average news sentiment score of Energy companies.
  • News Coverage This Week

    MarketBeat has tracked 3 news articles for ReNew Energy Global this week, compared to 2 articles on an average week.
  • MarketBeat Follows

    1 people have added ReNew Energy Global to their MarketBeat watchlist in the last 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, ReNew Energy Global insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    Only 8.65% of the stock of ReNew Energy Global is held by insiders.

  • Percentage Held by Institutions

    43.56% of the stock of ReNew Energy Global is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about ReNew Energy Global's insider trading history.
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RNW Stock News Headlines

Altucher: Turn $900 into $108,000 in just 12 months?
We are entering the final Trump Bump of our lives. But the biggest returns will not be in the stock market.
Roth MKM Sticks to Their Buy Rating for ReNew Energy Global (RNW)
ReNew Energy Global price target lowered to $7.50 from $8 at Roth MKM
See More Headlines

RNW Stock Analysis - Frequently Asked Questions

ReNew Energy Global's stock was trading at $6.83 at the beginning of the year. Since then, RNW stock has decreased by 4.7% and is now trading at $6.51.
View the best growth stocks for 2025 here
.

ReNew Energy Global Plc (NASDAQ:RNW) issued its earnings results on Tuesday, February, 18th. The company reported ($0.11) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.04) by $0.07. The business earned $248 million during the quarter, compared to the consensus estimate of $20.22 billion. ReNew Energy Global had a net margin of 2.17% and a trailing twelve-month return on equity of 1.75%.
Read the conference call transcript
.

ReNew Energy Global's top institutional shareholders include Daymark Wealth Partners LLC (0.21%), Daymark Wealth Partners LLC (0.21%), TT International Asset Management LTD (0.08%) and GAM Holding AG (0.04%).

Shares of RNW stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Based on aggregate information from My MarketBeat watchlists, some other companies that ReNew Energy Global investors own include NVIDIA (NVDA), Meta Platforms (META), Advanced Micro Devices (AMD), Broadcom (AVGO), Arista Networks (ANET), CrowdStrike (CRWD) and Super Micro Computer (SMCI).

Company Calendar

Last Earnings
2/18/2025
Today
4/24/2025
Next Earnings (Estimated)
6/04/2025
Fiscal Year End
3/31/2026

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Sector
Energy
Industry
Electric services
Sub-Industry
Utilities
Current Symbol
NASDAQ:RNW
Fax
N/A
Employees
1,680
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$7.50
High Stock Price Target
$7.50
Low Stock Price Target
$7.50
Potential Upside/Downside
+18.3%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
2 Analysts

Profitability

Trailing P/E Ratio
126.80
Forward P/E Ratio
42.27
P/E Growth
N/A
Net Income
$41 million
Pretax Margin
9.08%

Debt

Sales & Book Value

Annual Sales
$86.14 billion
Cash Flow
$0.72 per share
Price / Cash Flow
8.82
Book Value
$4.06 per share
Price / Book
1.56

Miscellaneous

Free Float
331,263,000
Market Cap
$2.30 billion
Optionable
Optionable
Beta
0.89
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This page (NASDAQ:RNW) was last updated on 4/24/2025 by MarketBeat.com Staff
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