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

Company Overview

ReNew Energy Global PLC is a leading independent power producer focused on renewable energy solutions. Established in 2011, the company specializes in the development, construction and operation of large-scale wind and solar power projects. With a diversified portfolio spanning onshore wind, utility-scale solar and distributed generation, ReNew Energy aims to support the global transition to cleaner energy sources and reduce dependence on fossil fuels.

The company’s core activities include site identification, project financing, engineering procurement and construction (EPC) management, and ongoing operations and maintenance. By leveraging in-house technical expertise and advanced monitoring systems, ReNew Energy strives to maximize project performance and asset uptime. In addition to its proprietary generation assets, the firm provides asset management and advisory services for third-party investors and off-takers, broadening its service offering across the renewable value chain.

Headquartered in Gurugram, India, ReNew Energy operates primarily across India’s key states, including Gujarat, Tamil Nadu and Rajasthan, where it has executed numerous wind and solar ventures. In recent years, the company has expanded its footprint through international development initiatives, pursuing selective opportunities in North America and emerging markets. Its strategic pipeline encompasses both greenfield and brownfield projects, enabling flexible growth while maintaining a disciplined approach to capital deployment.

Under the leadership of Founder and Chairman Sumant Sinha, ReNew Energy has grown from a domestic start-up into one of India’s largest renewable independent power producers. The executive team combines decades of experience in energy, finance and infrastructure, and is supported by a board with diverse industry expertise. Focused on sustainability and innovation, the company continues to explore new technologies, partnerships and financing structures to advance its mission of delivering affordable, reliable and clean energy worldwide.

Key Stats

• Today's Range: $7.41 to $7.50
• 50-Day Range: $6.31 to $7.58
• 52-Week Range: $5.15 to $7.67
• Volume: 1.49 million shs
• Average Volume: 983,543 shs
• Market Capitalization: $2.70 billion
• P/E Ratio: 46.50
• Dividend Yield: N/A
• Price Target: $7.50
• Consensus Rating: Moderate Buy

ReNew Energy Global Stock Analysis - MarketRank™

ReNew Energy Global scored higher than 46% of companies evaluated by MarketBeat, and ranked 184th out of 266 stocks in the energy sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

ReNew Energy Global has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

ReNew Energy Global has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 106.67%

Earnings Growth

Earnings for ReNew Energy Global are expected to grow by 106.67% in the coming year, from $0.15 to $0.31 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of ReNew Energy Global is 46.50, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 25.68.

Price to Earnings Ratio vs. Sector

The P/E ratio of ReNew Energy Global is 46.50, which means that it is trading at a less expensive P/E ratio than the Energy sector average P/E ratio of about 60.43.

Price to Book Value per Share Ratio

ReNew Energy Global has a P/B Ratio of 1.76. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 4.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

1.78% 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 3.4, 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 3.26%, indicating that investor sentiment is improving.

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.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

1.78% 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 3.4, 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 3.26%, indicating that investor sentiment is improving.

News and Social Media

• Score: 3.4 / 5
• News Sentiment: 1.06

News Sentiment

ReNew Energy Global has a news sentiment score of 1.06. 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 0.68 average news sentiment score of Energy companies.

News Coverage This Week

MarketBeat has tracked 6 news articles for ReNew Energy Global this week, compared to 2 articles on an average week.

Search Interest

Only 1 people have searched for RNW on MarketBeat in the last 30 days. This is a decrease of -67% compared to the previous 30 days.

MarketBeat Follows

1 people have added ReNew Energy Global to their MarketBeat watchlist in the last 30 days.

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

Only 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.

RNW Stock Analysis - Frequently Asked Questions

How have RNW shares performed this year?

ReNew Energy Global's stock was trading at $6.83 on January 1st, 2025. Since then, RNW shares have increased by 8.9% and is now trading at $7.44.

How were ReNew Energy Global's earnings last quarter?

ReNew Energy Global PLC (NASDAQ:RNW) announced its earnings results on Tuesday, February, 18th. The company reported ($0.11) EPS for the quarter, missing analysts' consensus estimates of ($0.04) by $0.07. The company earned $248 million during the quarter, compared to the consensus estimate of $20.22 billion. ReNew Energy Global had a trailing twelve-month return on equity of 4.85% and a net margin of 3.58%.
Read the conference call transcript.

Who are ReNew Energy Global's major shareholders?

ReNew Energy Global's top institutional investors include Parallel Advisors LLC.

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.

What other stocks do shareholders of ReNew Energy Global own?

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: 2/18/2025
• Today: 7/10/2025
• Next Earnings (Estimated): 8/13/2025
• Fiscal Year End: 3/31/2026

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Energy
• Industry: Other Alt Energy
• Sub-Industry: Utilities
• Current Symbol: NASDAQ:RNW
• CIK: 1848763
• Web: www.rmgacquisition.com
• Phone: 124-489-6670
• Fax: N/A
• Employees: 3,988
• Year Founded: N/A

Price Target and Rating

• Average Price Target for ReNew Energy Global: $7.50
• High Price Target: $7.50
• Low Price Target: $7.50
• Potential Upside/Downside: +0.9%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.50
• Research Coverage: 2 Analysts

Profitability

• EPS (Trailing Twelve Months): $0.16
• Trailing P/E Ratio: 46.47
• Forward P/E Ratio: 49.57
• P/E Growth: N/A
• Net Income: $54 million
• Net Margins: 3.58%
• Pretax Margin: 9.16%
• Return on Equity: 4.85%
• Return on Assets: 0.66%

Debt

• Debt-to-Equity Ratio: 4.44
• Current Ratio: 0.60
• Quick Ratio: 0.58

Sales & Book Value

• Annual Sales: $1.14 billion
• Price / Sales: 2.37
• Cash Flow: $0.81 per share
• Price / Cash Flow: 9.16
• Book Value: $4.23 per share
• Price / Book: 1.76

Miscellaneous

• Outstanding Shares: 362,630,000
• Free Float: 331,263,000
• Market Cap: $2.70 billion
• Optionable: Optionable
• Beta: 0.88