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 assets, as well as renewable energy projects serving commercial and industrial customers.

The company is also expanding into energy storage, green hydrogen, and other clean-energy solutions intended to support India’s transition to a lower-carbon electricity system. ReNew provides renewable power through long-term arrangements with utilities and corporate customers.

Founded in 2011 as ReNew Power by Sumant Sinha, the company is headquartered in Gurugram, India. ReNew Energy Global became a publicly traded company on the Nasdaq in 2021 through a business combination with a special purpose acquisition company. Sumant Sinha serves as the company’s founder, chairman, and chief executive officer.

Key Stats

• Today's Range: $6.84 to $6.86
• 50-Day Range: $5.99 to $6.87
• 52-Week Range: $4.39 to $8.24
• Volume: 757,020 shs
• Average Volume: 1.64 million shs
• Market Capitalization: $2.48 billion
• P/E Ratio: 21.41
• Dividend Yield: N/A
• Price Target: $6.39
• Consensus Rating: Hold

ReNew Energy Global Stock Analysis - MarketRank™

ReNew Energy Global scored higher than 43% of companies evaluated by MarketBeat, and ranked 85th out of 95 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 6.7% downside from its current price of $6.85.

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: 173.91%

Earnings Growth

Earnings for ReNew Energy Global are expected to grow by 173.91% in the coming year, from $0.23 to $0.63 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of ReNew Energy Global is 21.41, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 44.45.

Price to Earnings Ratio vs. Sector

The P/E ratio of ReNew Energy Global is 21.41, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 23.84.

Price to Book Value per Share Ratio

ReNew Energy Global has a P/B Ratio of 1.62. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.81% 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 1.25, 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 increased by 50.82%, indicating that investor sentiment is decreasing 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: 2.3 / 5
• News Sentiment: 0.65

News Sentiment

ReNew Energy Global has a news sentiment score of 0.65. 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 news sentiment score is similar to the average news sentiment of Utilities companies.

News Coverage This Week

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

Search Interest

Only 3 people have searched for RNW on MarketBeat in the last 30 days. This is a decrease of -25% compared to the previous 30 days.

MarketBeat Follows

2 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

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: 8/18/2026
• Today: 9/29/2026
• Next Earnings (Estimated): 11/09/2026
• 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: -6.7%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 4 Analysts

Profitability

• EPS (Trailing Twelve Months): $0.32
• Trailing P/E Ratio: 21.41
• Forward P/E Ratio: 29.78
• P/E Growth: N/A
• Net Income: $105 million
• Net Margins: 7.24%
• Pretax Margin: 8.49%
• Return on Equity: 7.71%
• Return on Assets: 1.07%

Debt

• Debt-to-Equity Ratio: 3.35
• Current Ratio: 0.43
• Quick Ratio: 0.40

Sales & Book Value

• Annual Sales: $1.61 billion
• Price / Sales: 1.55
• Cash Flow: $1.09 per share
• Price / Cash Flow: 6.27
• Book Value: $4.24 per share
• Price / Book: 1.62

Miscellaneous

• Outstanding Shares: 362,770,000
• Free Float: 331,389,000
• Market Cap: $2.48 billion
• Optionable: Optionable
• Beta: 1.14