Roth Capital Expects Lower Earnings for ReNew Energy Global

ReNew Energy Global Plc (NASDAQ:RNW - Free Report) - Investment analysts at Roth Capital decreased their Q1 2026 EPS estimates for ReNew Energy Global in a research note issued to investors on Thursday, February 20th. Roth Capital analyst J. Clare now expects that the company will post earnings per share of $0.17 for the quarter, down from their previous estimate of $0.20. The consensus estimate for ReNew Energy Global's current full-year earnings is $0.15 per share. Roth Capital also issued estimates for ReNew Energy Global's Q2 2026 earnings at $0.19 EPS and Q4 2026 earnings at $0.03 EPS.

ReNew Energy Global (NASDAQ:RNW - Get Free Report) last issued its quarterly earnings results on Tuesday, February 18th. The company reported ($0.11) EPS for the quarter, missing analysts' consensus estimates of ($0.04) by ($0.07). The firm had revenue of $248.00 million for the quarter, compared to analyst estimates of $20.22 billion. ReNew Energy Global had a return on equity of 1.75% and a net margin of 2.17%.

Separately, Roth Mkm cut their price objective on ReNew Energy Global from $8.00 to $7.50 and set a "buy" rating on the stock in a research report on Friday, February 21st.

ReNew Energy Global Stock Performance

RNW stock traded down $0.11 on Monday, hitting $6.30. The company's stock had a trading volume of 1,077,875 shares, compared to its average volume of 1,211,334. ReNew Energy Global has a 1 year low of $5.15 and a 1 year high of $7.49. The company has a current ratio of 0.60, a quick ratio of 0.64 and a debt-to-equity ratio of 4.74. The firm has a 50 day moving average of $6.68 and a two-hundred day moving average of $6.23. The stock has a market cap of $2.28 billion, a price-to-earnings ratio of 126.00 and a beta of 0.89.

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Institutional Trading of ReNew Energy Global

Several institutional investors have recently added to or reduced their stakes in RNW. Robeco Institutional Asset Management B.V. increased its holdings in ReNew Energy Global by 23.1% in the third quarter. Robeco Institutional Asset Management B.V. now owns 12,672 shares of the company's stock worth $80,000 after purchasing an additional 2,379 shares in the last quarter. Point72 Asset Management L.P. bought a new position in shares of ReNew Energy Global during the fourth quarter valued at $25,000. BNP Paribas Financial Markets bought a new position in ReNew Energy Global in the fourth quarter valued at about $25,000. Van ECK Associates Corp lifted its holdings in ReNew Energy Global by 58.1% in the 3rd quarter. Van ECK Associates Corp now owns 12,278 shares of the company's stock worth $72,000 after purchasing an additional 4,513 shares in the last quarter. Finally, Hsbc Holdings PLC increased its stake in ReNew Energy Global by 40.3% in the fourth quarter. Hsbc Holdings PLC now owns 16,710 shares of the company's stock worth $115,000 after purchasing an additional 4,799 shares during the period. 43.56% of the stock is currently owned by institutional investors.

ReNew Energy Global Company Profile

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.