NYSE:AZRE Azure Power Global - AZRE Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Azure Power Global Limited Please log in to your account or sign up in order to add this asset to your watchlist. $2.10 +0.13 (+6.60%) (As of 03/27/2023 12:00 AM ET) Add Compare Share Share Today's Range$1.97▼$2.2050-Day Range$1.68▼$4.3552-Week Range$1.62▼$19.59Volume378,658 shsAverage Volume308,272 shsMarket Capitalization$101.49 millionP/E RatioN/ADividend YieldN/APrice Target$4.50 ProfileAnalyst RatingsChartCompetitorsFinancialsInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media Azure Power Global MarketRank™ ForecastAnalyst RatingHold1.50 Rating ScoreUpside/Downside114.3% Upside$4.50 Price TargetShort InterestHealthy2.98% of Shares Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.50Based on 2 Articles This WeekInsider TradingN/AProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.78 out of 5 starsOils/Energy Sector231st out of 242 stocksElectric Services Industry38th out of 40 stocks 2.8 Analyst's Opinion Consensus RatingAzure Power Global has received a consensus rating of Hold. The company's average rating score is 1.50, and is based on no buy ratings, 1 hold rating, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $4.50, Azure Power Global has a forecasted upside of 114.3% from its current price of $2.10.Amount of Analyst CoverageAzure Power Global has only been the subject of 1 research reports in the past 90 days. Previous Next 4.0 Short Interest Percentage of Shares Shorted2.98% of the outstanding shares of Azure Power Global have been sold short.Short Interest Ratio / Days to CoverAzure Power Global has a short interest ratio ("days to cover") of 4.7.Change versus previous monthShort interest in Azure Power Global has recently decreased by 5.88%, indicating that investor sentiment is improving significantly. Previous Next 0.0 Dividend Strength Dividend YieldAzure Power Global does not currently pay a dividend.Dividend GrowthAzure Power Global does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for AZRE. Previous Next 2.5 News and Social Media Coverage News SentimentAzure Power Global has a news sentiment score of 0.50. 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 Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 2 news articles for Azure Power Global this week, compared to 1 article on an average week.Search InterestOnly 6 people have searched for AZRE on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.MarketBeat Follows4 people have added Azure Power Global to their MarketBeat watchlist in the last 30 days. This is an increase of 33% compared to the previous 30 days. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Azure Power Global insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.40% of the stock of Azure Power Global is held by insiders. Previous Next 0.6 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Azure Power Global is -2.44, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Azure Power Global is -2.44, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioAzure Power Global has a P/B Ratio of 0.30. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Azure Power Global (NYSE:AZRE) StockAzure Power Global Ltd. is a holding company, which engages in the development, production, and sale of solar energy. It offers services to government utilities; and independent industrial and commercial customers. The company was founded by Harkanwal Singh Wadhwa and Inderpreet Singh Wadhwa in 2008 and is headquartered in New Delhi, India.Read More 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. Email Address AZRE Stock News HeadlinesMarch 25, 2023 | americanbankingnews.comAzure Power Global (NYSE:AZRE) Now Covered by StockNews.comMarch 17, 2023 | americanbankingnews.comAzure Power Global (NYSE:AZRE) Coverage Initiated at StockNews.comMarch 27, 2023 | Weiss Ratings (Ad)Urgent WarningThis was never meant for the general public. But it’s all there in black and white … A frightening plan that gives the Fed the power to track and even control your checking account, including ALL your financial transactions. A pilot test program is already underway. And it’s slated to launch at America’s largest banks as soon as May of this year! So, time to prepare is very short. Fortunately, there are a few key steps you can take to defend yourself …February 23, 2023 | finance.yahoo.comQuebec Fund Is Slammed by Bond Rout in Worst Year Since 2008February 15, 2023 | finance.yahoo.comAzure Power Receives NYSE's Grant of Extension Regarding Delayed Filing of 2022 Annual ReportFebruary 10, 2023 | finance.yahoo.comAppointment of Independent Director on the Board of Azure Power Global LimitedFebruary 2, 2023 | msn.comAzure high-performance computing powers energy industry innovationJanuary 25, 2023 | msn.comMicrosoft Azure Cloud Outage Disrupts Multiple Microsoft 365 Services Globally, Several users AffectedMarch 27, 2023 | Weiss Ratings (Ad)Urgent WarningThis was never meant for the general public. But it’s all there in black and white … A frightening plan that gives the Fed the power to track and even control your checking account, including ALL your financial transactions. A pilot test program is already underway. And it’s slated to launch at America’s largest banks as soon as May of this year! So, time to prepare is very short. Fortunately, there are a few key steps you can take to defend yourself …January 24, 2023 | msn.comFrom Teams to PowerPoint: 10 ways Azure AI enhances the Microsoft Apps we use everydayJanuary 22, 2023 | reuters.comAZRE.K - | Stock Price & Latest News | ReutersDecember 14, 2022 | seekingalpha.comAZRE Azure Power Global LimitedNovember 21, 2022 | seekingalpha.comAzure Power Global: Promising Outlook Challenged By ControversiesOctober 31, 2022 | benzinga.comFINAL DEADLINE ALERT: The Schall Law Firm Encourages Investors in Azure Power Global Limited with Losses to Contact the FirmOctober 29, 2022 | businesswire.comAZURE POWER 72 HOUR DEADLINE ALERT: Former Louisiana Attorney General and Kahn Swick & Foti, LLC Remind Investors With Losses in Excess of $100,000 of Deadline in Class Action ...October 28, 2022 | benzinga.comThe Law Offices of Frank R. Cruz Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Azure Power Global Limited (AZRE)October 8, 2022 | benzinga.comUPCOMING AZRE INVESTOR DEADLINE: Azure Power Global Limited Investors with Significant Losses Have Opportunity to Lead Class ActionOctober 4, 2022 | benzinga.comAZURE POWER SHAREHOLDER ALERT BY FORMER LOUISIANA...October 3, 2022 | finance.yahoo.comAzure Power wins the prestigious Golden Peacock Award for SustainabilitySeptember 30, 2022 | finance.yahoo.comAzure Power Announces Results of the 2022 Annual Meeting of ShareholdersSeptember 23, 2022 | benzinga.comCLASS ACTION UPDATE for CODX, SFIX and AZRE: Levi & Korsinsky, LLP Reminds Investors of Class Actions on Behalf of ShareholdersSeptember 23, 2022 | finance.yahoo.comIs Azure Power (AZRE) a 'Buy' Heading into Earnings Announcement?September 21, 2022 | finance.yahoo.comAzure Power Announces Appointment of Shweta Srivastava as Chief Human Resource OfficerSeptember 21, 2022 | apnews.comAZURE POWER SHAREHOLDER ALERT BY FORMER LOUISIANA ATTORNEY GENERAL: KAHN SWICK & FOTI, LLC ...September 19, 2022 | benzinga.comAzure Power Global Limited (NYSE: AZRE) Shareholder Reminder: Berger Montague Reminds Azure Investors Of Deadline In Securities Class Action LawsuitSeptember 17, 2022 | benzinga.comINVESTOR NOTICE: Investors in Azure Power Global Limited with Substantial Losses Have Opportunity to Lead Class Action Lawsuit - AZRESeptember 15, 2022 | marketwatch.comINVESTOR DEADLINE: Investors in Azure Power Global Limited with Substantial Losses Have Opportunity to Lead Class Action Lawsuit - AZRESee More Headlines View Price History Chart DataSkip Price History Chart 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. Email Address AZRE Company Calendar Last Earnings8/29/2021Today3/27/2023Next Earnings (Estimated)3/31/2023Fiscal Year End3/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Electric services Sub-IndustryN/A SectorOils/Energy Current SymbolNYSE:AZRE CUSIPN/A CIK1633438 Webwww.azurepower.com Phone911149409800Fax91-11-4940-9807Employees471Year FoundedN/APrice Target and Rating Average Stock Price Forecast$4.50 High Stock Price Forecast$5.00 Low Stock Price Forecast$4.00 Forecasted Upside/Downside+114.3%Consensus RatingHold Rating Score (0-4)1.50 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)N/A Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet IncomeN/A Net MarginsN/A Pretax MarginN/A Return on EquityN/A Return on AssetsN/A Debt Debt-to-Equity RatioN/A Current RatioN/A Quick RatioN/A Sales & Book Value Annual Sales$208.30 million Price / Sales0.49 Cash Flow$0.59 per share Price / Cash Flow3.56 Book Value$6.94 per share Price / Book0.30Miscellaneous Outstanding Shares48,330,000Free Float48,140,000Market Cap$101.49 million OptionableNot Optionable Beta0.76 Key ExecutivesRupesh AgarwalChief Executive OfficerR. Narasimhan IyerChief Operating OfficerPawan Kumar AgrawalChief Financial OfficerSumit BaratChief Sustainability OfficerPreet Mohindersingh SandhuExecutive Vice President- Infra Business UnitKey CompetitorsHeliogenNYSE:HLGNOcean Power TechnologiesNASDAQ:OPTTPHX MineralsNYSE:PHXNorth European Oil Royalty TrustNYSE:NRTAemetisNASDAQ:AMTXView All CompetitorsInstitutional OwnershipAlliancebernstein L.P.Bought 58,078 shares on 2/16/2023Ownership: 0.248%Legal & General Group PlcBought 261,022 shares on 2/15/2023Ownership: 2.872%Morgan StanleySold 32,802 shares on 2/15/2023Ownership: 0.341%Millennium Management LLCBought 79,768 shares on 2/15/2023Ownership: 0.165%Alpine Global Management LLCBought 15,221 shares on 2/14/2023Ownership: 0.031%View All Institutional Transactions AZRE Stock - Frequently Asked Questions Should I buy or sell Azure Power Global stock right now? 2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Azure Power Global in the last year. There are currently 1 sell rating and 1 hold rating for the stock. The consensus among Wall Street analysts is that investors should "hold" AZRE shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in AZRE, but not buy additional shares or sell existing shares. View AZRE analyst ratings or view top-rated stocks. What is Azure Power Global's stock price forecast for 2023? 2 analysts have issued twelve-month price targets for Azure Power Global's stock. Their AZRE share price forecasts range from $4.00 to $5.00. On average, they predict the company's stock price to reach $4.50 in the next twelve months. This suggests a possible upside of 114.3% from the stock's current price. View analysts price targets for AZRE or view top-rated stocks among Wall Street analysts. How have AZRE shares performed in 2023? Azure Power Global's stock was trading at $4.31 at the start of the year. Since then, AZRE stock has decreased by 51.3% and is now trading at $2.10. View the best growth stocks for 2023 here. Are investors shorting Azure Power Global? Azure Power Global saw a decrease in short interest during the month of March. As of March 15th, there was short interest totaling 1,440,000 shares, a decrease of 5.9% from the February 28th total of 1,530,000 shares. Based on an average trading volume of 305,100 shares, the short-interest ratio is presently 4.7 days. View Azure Power Global's Short Interest. When is Azure Power Global's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Friday, March 31st 2023. View our AZRE earnings forecast. How were Azure Power Global's earnings last quarter? Azure Power Global Limited (NYSE:AZRE) announced its quarterly earnings results on Sunday, August, 29th. The energy company reported $0.20 earnings per share for the quarter, topping analysts' consensus estimates of $0.02 by $0.18. The energy company earned $59.70 million during the quarter, compared to analysts' expectations of $57.90 million. What ETFs hold Azure Power Global's stock? ETFs with the largest weight of Azure Power Global (NYSE:AZRE) stock in their portfolio include First Trust BICK Index Fund (BICK), Invesco WilderHill Clean Energy ETF (PBW), Global X Solar ETF (RAYS), First Trust NASDAQ Clean Edge Green Energy Index Fund (QCLN) and Carbon Collective Climate Solutions U.S. Equity ETF (CCSO), 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), Enphase Energy (ENPH). When did Azure Power Global IPO? (AZRE) raised $150 million in an initial public offering (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." Who are Azure Power Global's major shareholders? Azure Power Global's stock is owned by a number of retail and institutional investors. Top institutional investors include Legal & General Group Plc (2.87%), Kayne Anderson Capital Advisors LP (1.56%), First Trust Advisors LP (1.45%), Donald Smith & CO. Inc. (0.70%), Point72 Asset Management L.P. (0.61%) and Nia Impact Advisors LLC (0.52%). How do I buy shares of Azure Power Global? Shares of AZRE stock 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 $2.10. How much money does Azure Power Global make? Azure Power Global (NYSE:AZRE) has a market capitalization of $101.49 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? The company 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 the company 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 3/27/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. 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