Azure Power Global Stock Forecast, Price & News

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

4 Wall Street analysts have issued 12-month target prices for Azure Power Global's stock. Their AZRE stock forecasts range from $27.50 to $40.00. On average, they anticipate Azure Power Global's share price to reach $32.88 in the next year. This suggests a possible upside of 180.7% from the stock's current price.
View analysts' price targets for Azure Power Global or view top-rated stocks among Wall Street analysts.

Azure Power Global's stock was trading at $18.15 at the beginning of 2022. Since then, AZRE shares have decreased by 35.5% and is now trading at $11.71.
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Azure Power Global is scheduled to release its next quarterly earnings announcement on Monday, August 29th 2022.
View our earnings forecast for Azure Power Global.

Azure Power Global Limited (NYSE:AZRE) announced its earnings results on Sunday, August, 29th. The energy company reported $0.20 earnings per share for the quarter, topping the consensus estimate of $0.02 by $0.18. The energy company had revenue of $59.70 million for the quarter, compared to the consensus estimate of $57.90 million. Azure Power Global had a negative trailing twelve-month return on equity of 1.14% and a negative net margin of 17.23%.
View Azure Power Global's earnings history.

Some companies that are related to Azure Power Global include Kenon (KEN), ENEVA S A/S (ENEVY), Enel Chile (ENIC), Pampa Energía (PAM), Altus Power (AMPS), Central Puerto (CEPU), Broadscale Acquisition (SCLE), Heliogen (HLGN), Ellomay Capital (ELLO), Empresa Distribuidora y Comercializadora Norte Sociedad Anónima (EDN), Alaska Power & Telephone (APTL), Biotricity (BTCY), Summer Energy (SUME), Ocean Power Technologies (OPTT) and Eco Wave Power Global AB (publ) (WAVE).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Azure Power Global investors own include Canadian Solar (CSIQ), Verizon Communications (VZ), Allena Pharmaceuticals (Alna), Enterprise Products Partners (EPD), Gilead Sciences (GILD), JD.com (JD), Rapid7 (RPD), AT&T (T), AstraZeneca (AZN) and Enphase Energy (ENPH).

(AZRE) raised $150 million in an IPO on Wednesday, October 12th 2016. The company issued 6,800,000 shares at $21.00-$23.00 per share. Barclays and Credit Suisse acted as the underwriters for the IPO and Roth Capital Partners was co-manager.

Azure Power Global trades on the New York Stock Exchange (NYSE) under the ticker symbol "AZRE."

Shares of AZRE 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.
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One share of AZRE stock can currently be purchased for approximately $11.71.

Azure Power Global (NYSE:AZRE) has a market capitalization of $565.94 million and generates $208.30 million in revenue each year. The energy company earns $-57,300,000.00 in net income (profit) each year or ($0.86) on an earnings per share basis.

Azure Power Global employs 471 workers across the globe.

Azure Power Global's mailing address is 3RD FLOOR WORLDMARK 3 AEROCITY, NEW DELHI K7, 110037. The official website for Azure Power Global is www.azurepower.com. The energy company can be reached via phone at 911149409800, via email at ir@azurepower.com, or via fax at 91-11-4940-9807.