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NASDAQ:RNW

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

ReNew Energy Global logo
$6.18 -0.11 (-1.67%)
As of 02:26 PM Eastern
This is a fair market value price provided by Massive. Learn more.

About ReNew Energy Global Stock (NASDAQ:RNW)

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Key Stats

Today's Range
$6.10
$6.29
50-Day Range
$5.95
$6.52
52-Week Range
$4.39
$8.24
Volume
493,247 shs
Average Volume
1.03 million shs
Market Capitalization
$2.24 billion
P/E Ratio
19.95
Dividend Yield
N/A
Price Target
$6.39
Consensus Rating
Hold

Company Overview

ReNew Energy Global PLC is an independent power producer specializing in the development, construction, ownership and operation of utility-scale renewable energy projects. Headquartered in Gurugram, India, the company focuses on onshore wind farms, solar photovoltaic plants and hybrid energy systems, often paired with battery energy storage to enhance grid stability and dispatch flexibility. ReNew Energy Global markets electricity under long-term power purchase agreements, serving utilities, distribution companies and corporate offtakers.

The company’s core business activities encompass site identification, project design, procurement, construction management and ongoing asset management. ReNew leverages strategic partnerships with engineering, procurement and construction contractors, alongside proprietary data analytics and operational best practices, to optimize plant performance and drive cost efficiencies. In addition to power generation, the firm offers operations and maintenance services, ensuring sustained output and reliability across its portfolio.

While ReNew’s primary footprint is in India, where it has commissioned multiple gigawatts of renewable capacity, the company has also begun expanding internationally. In recent years, ReNew has pursued development opportunities in the United States, targeting markets such as Texas for solar and wind projects. This geographic diversification supports the company’s goal of building a global clean-energy platform resilient to regional market dynamics.

Founded in 2011 by Sumant Sinha, who serves as chairman and chief executive officer, ReNew Energy Global has grown from a domestic startup into one of India’s largest renewable energy operators. Under Sinha’s leadership, the company emphasizes sustainable growth, technological innovation and strategic alliances, aiming to play a leading role in the global transition to low-carbon power generation.

AI Generated. May Contain Errors.

ReNew Energy Global Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
67th Percentile Overall Score

RNW MarketRank™: 

ReNew Energy Global scored higher than 67% of companies evaluated by MarketBeat, and ranked 69th out of 95 stocks in the utilities 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 Hold. The company's average rating score is 2.00, and is based on no strong buy ratings, no buy ratings, 3 hold ratings, and no sell ratings.

  • Upside/Downside

    The consensus price target for ReNew Energy Global is close to its current price, suggesting limited near-term upside or downside.

  • Amount of Analyst Coverage

    ReNew Energy Global has only been the subject of 3 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 236.36% in the coming year, from $0.22 to $0.74 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of ReNew Energy Global is 19.98, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 40.46.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of ReNew Energy Global is 19.98, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 22.44.

  • Price to Book Value per Share Ratio

    ReNew Energy Global has a P/B Ratio of 1.46. 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

    0.47% 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 1.35, 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 29.39%, 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.

  • News Sentiment

    ReNew Energy Global has a news sentiment score of 0.57. 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 lower news sentiment than the 0.71 average news sentiment score of Utilities 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.
  • Search Interest

    9 people have searched for RNW on MarketBeat in the last 30 days.
  • MarketBeat Follows

    Only 1 people have added ReNew Energy Global to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 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

    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

ReNew Energy Global plc Class A
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ReNew Energy Global plc - Ordinary Shares - Class A
ReNew Energy Global : RNW
ReNew Energy Global Plc (RNW)
See More Headlines

RNW Stock Analysis - Frequently Asked Questions

ReNew Energy Global's stock was trading at $5.65 at the beginning of 2026. Since then, RNW stock has increased by 9.5% and is now trading at $6.1850.

ReNew Energy Global PLC (NASDAQ:RNW) posted its earnings results on Thursday, June, 25th. The company reported $0.10 EPS for the quarter. The company earned $340 million during the quarter, compared to analysts' expectations of $291.80 million. ReNew Energy Global had a trailing twelve-month return on equity of 7.57% and a net margin of 7.18%.

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
6/25/2026
Today
8/05/2026
Next Earnings (Estimated)
8/12/2026
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
Fax
N/A
Employees
4,336
Year Founded
2007

Price Target and Rating

High Price Target
$6.75
Low Price Target
$6.03
Potential Upside/Downside
+3.3%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
3 Analysts

Profitability

EPS (Trailing Twelve Months)
$0.31
Trailing P/E Ratio
19.95
Forward P/E Ratio
28.11
P/E Growth
N/A
Net Income
$105 million
Net Margins
7.18%
Pretax Margin
9.03%
Return on Equity
7.57%
Return on Assets
1.05%

Debt

Debt-to-Equity Ratio
3.66
Current Ratio
0.43
Quick Ratio
0.38

Sales & Book Value

Annual Sales
$1.61 billion
Price / Sales
1.40
Cash Flow
$1.07 per share
Price / Cash Flow
5.76
Book Value
$4.24 per share
Price / Book
1.46

Miscellaneous

Outstanding Shares
362,770,000
Free Float
331,389,000
Market Cap
$2.24 billion
Optionable
Optionable
Beta
1.12

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This page (NASDAQ:RNW) was last updated on 8/5/2026 by MarketBeat.com Staff.
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