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

Company Overview

ReNew Energy Global plc (NASDAQ: RNW) is a renewable energy company focused on developing, owning, and operating clean power projects in India. Its portfolio includes utility-scale wind, solar, and hydroelectric generation, as well as hybrid renewable energy projects that combine multiple technologies to support more consistent electricity production.

The company also pursues related clean-energy opportunities, including battery storage, green hydrogen, and other decarbonization solutions. ReNew supplies electricity to state-owned utilities, commercial and industrial customers, and other counterparties through long-term power purchase arrangements and related contracts.

ReNew was founded in 2011 by Sumant Sinha and has grown into one of India’s prominent renewable energy platforms. The company is headquartered in Gurugram, India, and primarily serves the Indian market. Sumant Sinha serves as the company’s founder, chairman, and chief executive officer. ReNew Energy Global became publicly listed on the Nasdaq in 2021.

Key Stats

• Today's Range: $6.91 to $6.95
• 50-Day Range: $6.80 to $6.93
• 52-Week Range: $4.39 to $7.69
• Volume: 2.03 million shs
• Average Volume: 1.41 million shs
• Market Capitalization: $2.53 billion
• P/E Ratio: 19.03
• Dividend Yield: N/A
• Price Target: $6.39
• Consensus Rating: Hold

ReNew Energy Global Stock Analysis - MarketRank™

ReNew Energy Global scored higher than 61% of companies evaluated by MarketBeat, and ranked 66th out of 98 stocks in the utilities sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.4 / 5
• Analyst Rating: Hold

Consensus Rating

ReNew Energy Global has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no strong buy ratings, no buy ratings, 4 hold ratings, and no sell ratings.

Downside Risk

ReNew Energy Global has a consensus price target of $6.39, representing about 7.8% downside from its current price of $6.93.

Amount of Analyst Coverage

ReNew Energy Global has only been the subject of 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 3.1 / 5
• Proj. Earnings Growth: 130.00%

Earnings Growth

Earnings for ReNew Energy Global are expected to grow by 130.00% in the coming year, from $0.30 to $0.69 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of ReNew Energy Global is 19.03, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 26.49.

Price to Earnings Ratio vs. Sector

The P/E ratio of ReNew Energy Global is 19.03, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 29.00.

Price to Book Value per Share Ratio

ReNew Energy Global has a P/B Ratio of 1.64. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.69% 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 1.56, 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 22.18%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

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.

News and Social Media

• Score: 3.2 / 5
• News Sentiment: 1.07

News Sentiment

ReNew Energy Global has a news sentiment score of 1.07. 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 0.54 average news sentiment score of Utilities companies.

News Coverage This Week

MarketBeat has tracked 10 news articles for ReNew Energy Global this week, compared to 2 articles on an average week.

Company Ownership

• Score: 0.8 / 5
• Insider Trading: N/A

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

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.

Company Calendar

• Last Earnings: 11/02/2026
• Today: 11/06/2026
• Fiscal Year End: 3/31/2027

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Utilities
• Industry: Independent Power & Renewable Electricity Producers
• Sub-Industry: Renewable Electricity
• Current Symbol: NASDAQ:RNW
• CIK: 1848763
• Web: www.renew.com
• Phone: 124-489-6670
• Fax: N/A
• Employees: 4,336
• Year Founded: 2007

Price Target and Rating

• Average Price Target for ReNew Energy Global: $6.39
• High Price Target: $6.75
• Low Price Target: $6.03
• Potential Upside/Downside: -7.8%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 4 Analysts

Profitability

• EPS (Trailing Twelve Months): $0.36
• Trailing P/E Ratio: 19.25
• Forward P/E Ratio: 11.00
• P/E Growth: N/A
• Net Income: $105 million
• Net Margins: 7.58%
• Pretax Margin: 10.31%
• Return on Equity: 8.47%
• Return on Assets: 1.19%

Debt

• Debt-to-Equity Ratio: 3.49
• Current Ratio: 0.50
• Quick Ratio: 0.40

Sales & Book Value

• Annual Sales: $148 billion
• Price / Sales: 0.02
• Cash Flow: $1.09 per share
• Price / Cash Flow: 6.38
• Book Value: $4.60 per share
• Price / Book: 1.51

Miscellaneous

• Outstanding Shares: 364,403,000
• Free Float: 332,882,000
• Market Cap: $2.53 billion
• Optionable: Optionable
• Beta: 1.22