S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
What Is WallStreetBets and What Stocks Are They Targeting?
Most profitable less than $5 stock in the world? (Ad)pixel
Closing prices for crude oil, gold and other commodities
Pipeline break spills 45,000 gallons of diesel in Wyoming
2 Important Retail Stock Battles to Watch
Shocking Transcript: Financial Chaos Now Brace yourself for what's coming next (Ad)
Wall Street builds on gains, heads for 4-week winning streak
Judge revives Obama-era ban on coal sales from federal lands
In Biden's big bill: Climate, health care, deficit reduction
Shocking Transcript: Financial Chaos Now Brace yourself for what's coming next (Ad)
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
What Is WallStreetBets and What Stocks Are They Targeting?
Most profitable less than $5 stock in the world? (Ad)pixel
Closing prices for crude oil, gold and other commodities
Pipeline break spills 45,000 gallons of diesel in Wyoming
2 Important Retail Stock Battles to Watch
Shocking Transcript: Financial Chaos Now Brace yourself for what's coming next (Ad)
Wall Street builds on gains, heads for 4-week winning streak
Judge revives Obama-era ban on coal sales from federal lands
In Biden's big bill: Climate, health care, deficit reduction
Shocking Transcript: Financial Chaos Now Brace yourself for what's coming next (Ad)
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
What Is WallStreetBets and What Stocks Are They Targeting?
Most profitable less than $5 stock in the world? (Ad)pixel
Closing prices for crude oil, gold and other commodities
Pipeline break spills 45,000 gallons of diesel in Wyoming
2 Important Retail Stock Battles to Watch
Shocking Transcript: Financial Chaos Now Brace yourself for what's coming next (Ad)
Wall Street builds on gains, heads for 4-week winning streak
Judge revives Obama-era ban on coal sales from federal lands
In Biden's big bill: Climate, health care, deficit reduction
Shocking Transcript: Financial Chaos Now Brace yourself for what's coming next (Ad)
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
What Is WallStreetBets and What Stocks Are They Targeting?
Most profitable less than $5 stock in the world? (Ad)pixel
Closing prices for crude oil, gold and other commodities
Pipeline break spills 45,000 gallons of diesel in Wyoming
2 Important Retail Stock Battles to Watch
Shocking Transcript: Financial Chaos Now Brace yourself for what's coming next (Ad)
Wall Street builds on gains, heads for 4-week winning streak
Judge revives Obama-era ban on coal sales from federal lands
In Biden's big bill: Climate, health care, deficit reduction
Shocking Transcript: Financial Chaos Now Brace yourself for what's coming next (Ad)
NASDAQ:RNW

ReNew Energy Global - RNW Stock Forecast, Price & News

$7.19
+0.19 (+2.71%)
(As of 08/12/2022 12:00 AM ET)
Add
Compare
Today's Range
$6.94
$7.36
50-Day Range
$5.89
$7.29
52-Week Range
$5.06
$12.30
Volume
1.08 million shs
Average Volume
1.06 million shs
Market Capitalization
$2.88 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$17.00

ReNew Energy Global MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
136.4% Upside
$17.00 Price Target
Short Interest
Healthy
1.99% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.80mentions of ReNew Energy Global in the last 14 days
Based on 4 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
-16.67%
From $0.24 to $0.20 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.25 out of 5 stars

Oils/Energy Sector

120th out of 255 stocks

Electric Services Industry

17th out of 43 stocks

RNW stock logo

About ReNew Energy Global (NASDAQ:RNW) Stock

ReNew Energy Global Plc generates power through non-conventional and renewable energy sources in India. The company operates through Wind Power and Solar Power segments. It develops, builds, owns, and operates utility scale wind and solar energy projects, as well as distributed solar energy projects that generate energy for commercial and industrial customers. The company also provides engineering, procurement, and construction services; operation and maintenance services; consultancy services; and sells renewable energy certificates. As of March 31, 2022, its portfolio consisted of 10.69 GW of wind and solar energy projects, hydro, firm power projects, and distributed solar energy projects, of which 7.57 GW projects were commissioned and 3.12 GW were committed. ReNew Energy Global Plc was founded in 2011 and is based in London, the United Kingdom.

ReNew Energy Global Price Performance

NASDAQ:RNW opened at $7.19 on Friday. The company's fifty day simple moving average is $6.67 and its 200-day simple moving average is $7.20. ReNew Energy Global has a 52 week low of $5.06 and a 52 week high of $12.30. The company has a debt-to-equity ratio of 2.96, a current ratio of 1.33 and a quick ratio of 1.33.

ReNew Energy Global (NASDAQ:RNW - Get Rating) last posted its earnings results on Tuesday, June 14th. The company reported ($0.11) EPS for the quarter, missing analysts' consensus estimates of ($0.06) by ($0.05). The firm had revenue of $232.00 million for the quarter, compared to analyst estimates of $226.50 million. As a group, research analysts expect that ReNew Energy Global will post 0.24 earnings per share for the current year.

Receive RNW Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for ReNew Energy Global and its competitors with MarketBeat's FREE daily newsletter.

RNW Stock News Headlines

Investing In Secular Trends: Renewable Energy
WM: Renewable Focus On The Future
RNW Crosses Critical Technical Indicator
ReNew Energy Global reports FY results
ReNew appoints new CFO
See More Headlines
Receive RNW Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for ReNew Energy Global and its competitors with MarketBeat's FREE daily newsletter.

RNW Company Calendar

Last Earnings
6/14/2022
Today
8/13/2022
Next Earnings (Estimated)
9/13/2022
Fiscal Year End
3/31/2023

Industry, Sector and Symbol

Industry
Electric services
Sub-Industry
N/A
Current Symbol
NASDAQ:RNW
Fax
N/A
Employees
1,219
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$17.00
High Stock Price Forecast
$22.00
Low Stock Price Forecast
$12.00
Forecasted Upside/Downside
+136.4%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
4 Analysts

Profitability

Net Income
$-212,000,000.00
Pretax Margin
-17.65%

Debt

Sales & Book Value

Annual Sales
$912 million
Cash Flow
$0.22 per share
Book Value
$4.16 per share

Miscellaneous

Free Float
N/A
Market Cap
$2.88 billion
Optionable
Optionable
Beta
0.34

Key Executives

  • Mr. Sumant Sinha (Age 56)
    Founder, Chairman & CEO
    Comp: $1.31M
  • Mr. Kedar Upadhye CS (Age 45)
    MBA, Group Chief Financial Officer
  • Mr. Balram Mehta (Age 52)
    Chief Operating Officer
  • Mr. Kailash Vaswani
    Pres of Corp. Fin.
  • Mr. Ashish Jain (Age 44)
    Company Sec. & Compliance Officer
  • Mr. Vikash Jain (Age 44)
    Global Gen. Counsel
  • Mr. Ajay Tripathi
    Chief HR Officer
  • Ms. Vaishali Nigam Sinha
    Chair of ReNew Foundation & Chief Sustainability Officer
  • Mr. Mayank Bansal (Age 45)
    Chief Commercial Officer
  • Mr. Sanjay Varghese (Age 53)
    Pres of Solar Utility Scale













RNW Stock - Frequently Asked Questions

Should I buy or sell ReNew Energy Global stock right now?

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for ReNew Energy Global in the last year. There are currently 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" RNW shares.
View RNW analyst ratings
or view top-rated stocks.

What is ReNew Energy Global's stock price forecast for 2022?

4 brokers have issued 1-year target prices for ReNew Energy Global's shares. Their RNW share price forecasts range from $12.00 to $22.00. On average, they expect the company's share price to reach $17.00 in the next year. This suggests a possible upside of 136.4% from the stock's current price.
View analysts price targets for RNW
or view top-rated stocks among Wall Street analysts.

How have RNW shares performed in 2022?

ReNew Energy Global's stock was trading at $7.78 at the beginning of 2022. Since then, RNW stock has decreased by 7.6% and is now trading at $7.19.
View the best growth stocks for 2022 here
.

When is ReNew Energy Global's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, September 13th 2022.
View our RNW earnings forecast
.

How were ReNew Energy Global's earnings last quarter?

ReNew Energy Global Plc (NASDAQ:RNW) posted its quarterly earnings results on Tuesday, June, 14th. The company reported ($0.11) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.06) by $0.05. The firm earned $232 million during the quarter, compared to the consensus estimate of $226.50 million.

What is ReNew Energy Global's stock symbol?

ReNew Energy Global trades on the NASDAQ under the ticker symbol "RNW."

Who are ReNew Energy Global's major shareholders?

ReNew Energy Global's stock is owned by many different institutional and retail investors. Top institutional shareholders include abrdn plc (1.68%), Tortoise Capital Advisors L.L.C. (0.79%), Kayne Anderson Capital Advisors LP (0.65%), Van ECK Associates Corp (0.19%), DekaBank Deutsche Girozentrale (0.09%) and Healthcare of Ontario Pension Plan Trust Fund (0.07%).

How do I buy shares of ReNew Energy Global?

Shares of RNW stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is ReNew Energy Global's stock price today?

One share of RNW stock can currently be purchased for approximately $7.19.

How much money does ReNew Energy Global make?

ReNew Energy Global (NASDAQ:RNW) has a market capitalization of $2.88 billion and generates $912 million in revenue each year.

How many employees does ReNew Energy Global have?

The company employs 1,219 workers across the globe.

How can I contact ReNew Energy Global?

ReNew Energy Global's mailing address is 50 WEST STREET SUITE 40C, NEW YORK NY, 10006. The official website for the company is www.rmgacquisition.com. The company can be reached via phone at 44-20-7519-7126 or via email at pkassin@rmginvestments.com.

This page (NASDAQ:RNW) was last updated on 8/13/2022 by MarketBeat.com Staff

MarketBeat Resources

Premium Research Tools

MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.

Discover All Access

Market Data and Calendars

Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.

View Market Data

Investing Education and Resources

Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.

Financial Terms
Details Here
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau MarketBeat is rated as Great on TrustPilot

© American Consumer News, LLC dba MarketBeat® 2010-2022. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | contact@marketbeat.com | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Privacy Policy | Do Not Sell My Information | RSS Feeds

© 2022 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see Barchart's disclaimer.