ReNew Energy Global (RNW) Expected to Announce Earnings on Wednesday

Key Points

• ReNew Energy Global (NASDAQ:RNW) is set to release its Q1 2026 earnings on August 13th, with analysts projecting earnings of $0.11 per share and revenue of $32.46 billion.
• The company's shares recently traded at $7.45, with a market capitalization of $2.70 billion and a 12-month price range between $5.15 and $7.76.
• A recent 13F filing revealed that Bank of America Corp DE increased its stake in ReNew Energy Global by 722.2%, indicating growing interest from institutional investors.

ReNew Energy Global (NASDAQ:RNW - Get Free Report) will likely be releasing its Q1 2026 earnings data after the market closes on Wednesday, August 13th. Analysts expect ReNew Energy Global to post earnings of $0.11 per share and revenue of $32.46 billion for the quarter.

ReNew Energy Global (NASDAQ:RNW - Get Free Report) last released its earnings results on Wednesday, August 13th. The company reported $0.16 earnings per share for the quarter, topping the consensus estimate of $0.11 by $0.05. The company had revenue of $480.35 million for the quarter, compared to the consensus estimate of $32.46 billion. ReNew Energy Global had a net margin of 5.77% and a return on equity of 8.43%. On average, analysts expect ReNew Energy Global to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

ReNew Energy Global Stock Performance

NASDAQ:RNW traded up $0.05 during trading hours on Thursday, hitting $7.70. 833,147 shares of the company were exchanged, compared to its average volume of 738,013. The stock has a market capitalization of $2.79 billion, a price-to-earnings ratio of 24.06 and a beta of 0.89. ReNew Energy Global has a 52-week low of $5.15 and a 52-week high of $7.76. The company has a debt-to-equity ratio of 4.44, a current ratio of 0.60 and a quick ratio of 0.58. The company's 50 day moving average price is $7.27 and its 200-day moving average price is $6.68.

Institutional Trading of ReNew Energy Global

Large investors have recently made changes to their positions in the business. Quantbot Technologies LP purchased a new stake in shares of ReNew Energy Global in the 2nd quarter valued at $29,000. Bank of America Corp DE boosted its holdings in shares of ReNew Energy Global by 722.2% in the 4th quarter. Bank of America Corp DE now owns 15,621 shares of the company's stock valued at $107,000 after acquiring an additional 13,721 shares during the last quarter. Cerity Partners LLC boosted its holdings in shares of ReNew Energy Global by 9.3% in the 2nd quarter. Cerity Partners LLC now owns 26,085 shares of the company's stock valued at $180,000 after acquiring an additional 2,225 shares during the last quarter. Finally, JPMorgan Chase & Co. boosted its holdings in shares of ReNew Energy Global by 94.0% in the 2nd quarter. JPMorgan Chase & Co. now owns 642,397 shares of the company's stock valued at $4,439,000 after acquiring an additional 311,297 shares during the last quarter. 43.56% of the stock is owned by hedge funds and other institutional investors.

About ReNew Energy Global

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.