S&P 500   5,011.12
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S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
How major US stock indexes fared Thursday, 4/18/2024
3 Steel Stocks Could Soar on New China Tariffs
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
'There is no time to waste': EU leaders want to boost competitiveness to close gap with US and China
These are the Top 4 Stocks for Buybacks in 2024
Can Netflix Stock Continue Into All-Time Highs After Earnings?
S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
How major US stock indexes fared Thursday, 4/18/2024
3 Steel Stocks Could Soar on New China Tariffs
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
'There is no time to waste': EU leaders want to boost competitiveness to close gap with US and China
These are the Top 4 Stocks for Buybacks in 2024
Can Netflix Stock Continue Into All-Time Highs After Earnings?
S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
How major US stock indexes fared Thursday, 4/18/2024
3 Steel Stocks Could Soar on New China Tariffs
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
'There is no time to waste': EU leaders want to boost competitiveness to close gap with US and China
These are the Top 4 Stocks for Buybacks in 2024
Can Netflix Stock Continue Into All-Time Highs After Earnings?
NASDAQ:RNW

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

$5.54
+0.12 (+2.21%)
(As of 04/18/2024 ET)
Today's Range
$5.41
$5.59
50-Day Range
$5.32
$6.68
52-Week Range
$4.78
$7.79
Volume
813,770 shs
Average Volume
608,204 shs
Market Capitalization
$2.07 billion
P/E Ratio
55.40
Dividend Yield
N/A
Price Target
$8.35

ReNew Energy Global MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
50.7% Upside
$8.35 Price Target
Short Interest
Bearish
4.14% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.47mentions of ReNew Energy Global in the last 14 days
Based on 16 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
-25.00%
From $0.04 to $0.03 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.46 out of 5 stars

Oils/Energy Sector

190th out of 226 stocks

Electric Services Industry

34th out of 39 stocks

RNW stock logo

About ReNew Energy Global Stock (NASDAQ:RNW)

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. The company provides engineering, procurement, and construction services; operation and maintenance services; consultancy services; and sells renewable energy certificates. ReNew Energy Global Plc was founded in 2011 and is based in London, the United Kingdom.

RNW Stock Price History

RNW Stock News Headlines

The Best AI Stock to Own in the World Today is Trading for Just $25
“Titan of Tech” Bets Big on Tiny AI Company He’s made as much as 3,250,000% in just three years on companies like Facebook, Airbnb, and PayPal… But our research shows his latest investment could be his most successful venture yet.
The Best AI Stock to Own in the World Today is Trading for Just $25
“Titan of Tech” Bets Big on Tiny AI Company He’s made as much as 3,250,000% in just three years on companies like Facebook, Airbnb, and PayPal… But our research shows his latest investment could be his most successful venture yet.
ReNew Energy Global (NASDAQ:RNW) PT Lowered to $8.00
ReNew Crosses 10 GW of Gross Renewable Energy Assets
Enlight Renewable Energy reports Q4 results
ReNew Energy Glb: Q3 Earnings Insights
Earnings Preview: ReNew Energy Glb
See More Headlines
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Company Calendar

Last Earnings
2/20/2024
Today
4/19/2024
Next Earnings (Estimated)
6/04/2024
Fiscal Year End
3/31/2025

Industry, Sector and Symbol

Industry
Electric services
Sub-Industry
N/A
Current Symbol
NASDAQ:RNW
Fax
N/A
Employees
2,481
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$8.35
High Stock Price Target
$10.00
Low Stock Price Target
$7.00
Potential Upside/Downside
+50.7%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
5 Analysts

Profitability

Net Income
$-58,000,000.00
Pretax Margin
5.37%

Debt

Sales & Book Value

Annual Sales
$1.09 billion
Cash Flow
$0.37 per share
Book Value
$3.86 per share

Miscellaneous

Free Float
340,770,000
Market Cap
$2.07 billion
Optionable
Optionable
Beta
0.91
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Key Executives

  • Mr. Sumant Sinha (Age 59)
    Founder, Chairman & CEO
    Comp: $1.73M
  • Mr. Kailash Vaswani
    Chief Financial Officer
  • Nathan Judge
    Investor Relations Officer
  • Mr. Ashish Jain (Age 46)
    Company Secretary & Compliance Officer
  • Mr. Vikash Jain (Age 46)
    Group President of Legal & CS
  • Mr. Ajay Tripathi
    Chief Human Resources Officer
  • Ms. Vaishali Nigam Sinha
    Cofounder of ReNew & Chairperson of Sustainability
  • Mr. Balram Mehta (Age 54)
    COO & Group President of ReNew Services Business
  • Mr. Mayank Bansal (Age 46)
    Group President of India RE Business
  • Mr. Sanjay Varghese (Age 54)
    President of ReNew Projects

RNW Stock Analysis - Frequently Asked Questions

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

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for ReNew Energy Global in the last twelve months. There are currently 5 buy ratings for the stock. The consensus among Wall Street 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 target for 2024?

5 brokers have issued twelve-month target prices for ReNew Energy Global's shares. Their RNW share price targets range from $7.00 to $10.00. On average, they anticipate the company's stock price to reach $8.35 in the next twelve months. This suggests a possible upside of 50.7% 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 2024?

ReNew Energy Global's stock was trading at $7.66 at the start of the year. Since then, RNW shares have decreased by 27.7% and is now trading at $5.54.
View the best growth stocks for 2024 here
.

When is ReNew Energy Global's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, June 4th 2024.
View our RNW earnings forecast
.

How were ReNew Energy Global's earnings last quarter?

ReNew Energy Global Plc (NASDAQ:RNW) released its quarterly earnings data on Tuesday, February, 20th. The company reported ($0.15) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.14) by $0.01. The firm had revenue of $232 million for the quarter, compared to analysts' expectations of $195.90 million. ReNew Energy Global had a net margin of 3.61% and a trailing twelve-month return on equity of 2.96%. During the same quarter in the previous year, the business posted ($0.15) EPS.

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 Counterpoint Mutual Funds LLC (0.01%).

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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:RNW) was last updated on 4/19/2024 by MarketBeat.com Staff

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