×
S&P 500   3,825.33
DOW   31,097.26
QQQ   282.13
S&P 500   3,825.33
DOW   31,097.26
QQQ   282.13
S&P 500   3,825.33
DOW   31,097.26
QQQ   282.13
S&P 500   3,825.33
DOW   31,097.26
QQQ   282.13
NYSE:AZRE

Azure Power Global Stock Forecast, Price & News

$11.71
+0.31 (+2.72%)
(As of 07/1/2022 03:59 PM ET)
Add
Compare
Today's Range
$11.52
$11.95
50-Day Range
$10.64
$15.90
52-Week Range
$10.61
$28.14
Volume
10,606 shs
Average Volume
245,453 shs
Market Capitalization
$565.94 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$32.88

Azure Power Global MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
180.7% Upside
$32.88 Price Target
Short Interest
Bearish
3.70% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.24mentions of Azure Power Global in the last 14 days
Based on 5 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
771.43%
From $0.07 to $0.61 Per Share

Overall MarketRank

MarketRank is calculated as 30% analysis score, 20% valuation score, 10% short interest score, 10% dividend score, 10% sustainability score, 10% news and social score, and 10% insider trading score.

1.90 out of 5 stars

Oils/Energy Sector

137th out of 398 stocks

Electric Services Industry

19th out of 58 stocks

30 days | 90 days | 365 days | Advanced Chart

Receive AZRE Stock News and Ratings via Email

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

Azure Power Global logo

About Azure Power Global (NYSE:AZRE) Stock

Azure Power Global Limited, together with its subsidiaries, engages in the development, construction, ownership, operation, maintenance, and management of renewable energy projects in India. It generates solar energy based on long-term contracts with Indian government energy distribution companies, as well as other non-governmental energy distribution companies and commercial customers. As of March 31, 2021, the company operated 45 utility scale projects with a combined rated capacity of 1,990 MWs. Azure Power Global Limited was founded in 2008 and is based in New Delhi, India.

AZRE Stock News Headlines

Azure Power Global (NYSE:AZRE) Shares Gap Up to $11.06
Azure Power Global (NYSE:AZRE) Shares Down 8.8%
Azure Power CEO Gupta, COO Subramanian resign
Azure Power announces change in Board of Directors
Azure Power Q3 2022 Earnings Preview
Here's what to expect from Azure Power Global's earnings report
Azure Power Announces Final Results of Rights Offering
Azure Power's Rights Issue open for subscription
Azure Power Announces Rights Offering for Equity Shares
Azure Power: NOTICE OF RECORD DATE
See More Headlines

Industry, Sector and Symbol

Industry
Electric services
Sub-Industry
N/A
Employees
471
Year Founded
N/A

Company Calendar

Last Earnings
8/29/2021
Today
7/05/2022
Next Earnings (Estimated)
8/29/2022
Fiscal Year End
3/31/2023

Price Target and Rating

Average Stock Price Forecast
$32.88
High Stock Price Forecast
$40.00
Low Stock Price Forecast
$27.50
Forecasted Upside/Downside
+180.7%
Consensus Rating
Buy
Rating Score (0-4)
3
Research Coverage
4 Analysts

Profitability

Net Income
$-57,300,000.00
Pretax Margin
-7.08%

Debt

Sales & Book Value

Annual Sales
$208.30 million
Cash Flow
$0.55 per share
Book Value
$6.94 per share

Miscellaneous

Free Float
N/A
Market Cap
$565.94 million
Optionable
Not Optionable
Beta
0.91














Azure Power Global Frequently Asked Questions

Should I buy or sell Azure Power Global stock right now?

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.

What is Azure Power Global's stock price forecast for 2022?

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.

How has Azure Power Global's stock price performed in 2022?

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.
View the best growth stocks for 2022 here
.

When is Azure Power Global's next earnings date?

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
.

How were Azure Power Global's earnings last quarter?

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
.

Who are Azure Power Global's key executives?

Azure Power Global's management team includes the following people:
  • Mr. Pawan Kumar Agrawal C.F.A., Chief Financial Officer (Age 43)
  • Mr. Sumit Barat, Chief Sustainability Officer (Age 42)
  • Mr. Vikas Bansal, Head of Investor Relations (Age 37)
  • Ms. Akriti Gandotra, Head of Legal (Age 36)
  • Ms. Samitla Subba, VP of Corp. Affairs of Policy & Communications and Head of Policy & Communications (Age 36)
  • Ms. Priya Chakrabarti, Head of HR
  • Mr. Preet Sandhu, Exec. VP and Head of Land, Corp. Operations & Rooftop Bus. Units (Age 53)
  • Mr. Gaurang Sethi, VP & Head of Bidding (Age 36)
  • Mr. Kuldeep Jain, Sr. VP of Project Devel. & Construction and Head of Construction (Age 58)
  • Mr. Kapil Kumar, Sr. GM and Head of Operations & Maintenance (Age 39)

What other stocks do shareholders of Azure Power Global own?

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).

When did Azure Power Global IPO?

(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.

What is Azure Power Global's stock symbol?

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

How do I buy shares of Azure Power Global?

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.
Compare Top Brokerages Here.

What is Azure Power Global's stock price today?

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

How much money does Azure Power Global make?

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.

How many employees does Azure Power Global have?

Azure Power Global employs 471 workers across the globe.

How can I contact Azure Power Global?

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.

This page (NYSE:AZRE) was last updated on 7/5/2022 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 | U.S. Based Support Team at 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 | 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 disclaimer.