ReNew Energy Global Plc (NASDAQ:RNW - Free Report) - Equities research analysts at Roth Capital boosted their Q3 2025 EPS estimates for ReNew Energy Global in a research note issued on Sunday, November 24th. Roth Capital analyst J. Clare now expects that the company will post earnings per share of ($0.05) for the quarter, up from their prior estimate of ($0.06). The consensus estimate for ReNew Energy Global's current full-year earnings is $0.12 per share. Roth Capital also issued estimates for ReNew Energy Global's Q4 2025 earnings at $0.02 EPS, FY2025 earnings at $0.12 EPS, Q1 2026 earnings at $0.20 EPS, Q2 2026 earnings at $0.22 EPS, Q3 2026 earnings at ($0.03) EPS, Q4 2026 earnings at $0.06 EPS and FY2026 earnings at $0.45 EPS.
RNW has been the topic of a number of other reports. Roth Mkm dropped their price objective on shares of ReNew Energy Global from $9.00 to $8.00 and set a "buy" rating on the stock in a research note on Monday, August 19th. Morgan Stanley lowered shares of ReNew Energy Global from an "overweight" rating to an "equal weight" rating in a research report on Thursday, September 26th.
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ReNew Energy Global Stock Up 0.7 %
Shares of ReNew Energy Global stock traded up $0.04 during trading hours on Wednesday, reaching $6.09. The company's stock had a trading volume of 760,924 shares, compared to its average volume of 871,036. ReNew Energy Global has a one year low of $5.15 and a one year high of $7.79. The company has a market capitalization of $2.21 billion, a P/E ratio of 101.52 and a beta of 0.95. The stock's fifty day simple moving average is $5.88 and its two-hundred day simple moving average is $5.95. The company has a debt-to-equity ratio of 4.51, a quick ratio of 0.64 and a current ratio of 0.65.
Institutional Trading of ReNew Energy Global
A number of large investors have recently added to or reduced their stakes in RNW. Van ECK Associates Corp increased its holdings in ReNew Energy Global by 58.1% during the third quarter. Van ECK Associates Corp now owns 12,278 shares of the company's stock worth $72,000 after buying an additional 4,513 shares during the last quarter. Robeco Institutional Asset Management B.V. increased its holdings in ReNew Energy Global by 23.1% during the third quarter. Robeco Institutional Asset Management B.V. now owns 12,672 shares of the company's stock worth $80,000 after buying an additional 2,379 shares during the last quarter. Mercer Global Advisors Inc. ADV increased its holdings in ReNew Energy Global by 12.7% during the second quarter. Mercer Global Advisors Inc. ADV now owns 15,187 shares of the company's stock worth $95,000 after buying an additional 1,709 shares during the last quarter. Quantbot Technologies LP increased its holdings in ReNew Energy Global by 454.7% during the third quarter. Quantbot Technologies LP now owns 15,788 shares of the company's stock worth $99,000 after buying an additional 12,942 shares during the last quarter. Finally, Barclays PLC increased its holdings in ReNew Energy Global by 382.5% during the third quarter. Barclays PLC now owns 26,381 shares of the company's stock worth $166,000 after buying an additional 20,913 shares during the last quarter. Hedge funds and other institutional investors own 43.56% of the company's stock.
ReNew Energy Global Company Profile
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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.
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