Stock Price & Analysis

Based on the analysis, RNW stock shows mixed signals. While it crossed above a key moving average, the pre-market dip and MACD suggest caution. It's advisable to hold and monitor for further clarity.

Price Prediction for RNW Stock in 2025

ReNew Energy Global plc (RNW) is expected to trade between $5.90 and $6.36 in 2025.

• Bullish Scenario: The stock could reach $6.36 if it breaks above the current resistance level of $6.29, driven by positive news or strong earnings reports.
• Bearish Scenario: If the stock fails to maintain its current support level of $6.18, it may dip to $5.90, influenced by market volatility or negative news.

The prediction is based on technical analysis of the stock's current price of $6.24 and its Fibonacci levels.

The S1 support level for RNW Stock is $6.08 ,The R1 resistant level for RNW Stock is $6.29.

As of the end of day on 2025-03-26, the price of RNW Stock was $6.16.

The target price for RNW Stock according to analyst rating is 8.41, with the highest price target at 10.00 and the lowest at 7.12. Analysts have a Strong Buy rating on RNW Stock overall.

The market cap of RNW is $2.3B.

Analysis and Insights

To determine whether RNW is overvalued, we analyze its valuation metrics, market trends, and recent price movements.

Valuation Metrics:

RNW's current valuation metrics suggest a premium relative to its peers:

• EV/EBITDA: 12.27 (as of 2025/Q2)
• PS Ratio: 11.54 (as of 2024/Q4)
• PB Ratio: 12.35 (as of 2025/Q1)

These metrics indicate that the market is pricing in significant growth expectations for RNW.

Market Trends:

• RNW's stock price has recently dipped 6.4% in pre-market trading, reflecting broader market volatility and investor sentiment shifts.
• The stock is trading near the middle of its 52-week range ($5.15 to $7.49), with a current price of $6.24.

Sentiment and Analyst Ratings:

• The Fear & Greed Index for RNW is currently at 28.86, indicating a "fear" sentiment.
• Analyst ratings are mixed, with no strong consensus on a buy or sell signal.

Conclusion:

Based on the analysis, RNW appears to be overvalued given its high valuation multiples and recent price decline. Investors should exercise caution and consider the stock's fundamentals and growth prospects before making a decision.

ReNew Energy Global Plc is a United Kingdom-based company. The Company is a utility-scale renewable energy solutions providers in India. It operates wind, solar, and hydro energy projects. It provides clean energy solutions and value-added energy offerings through digitalization, storage, and carbon market services. It carries out business activities relating to the generation of power through non-conventional and renewable energy sources through ReNew Power Private Limited and its subsidiaries. It has primarily two reportable segments, namely wind power and solar power. Its wind power segment operates utility-scale wind energy projects in India and solar power segment operates its utility-scale and distributed solar energy projects in India. Other operations of the Company primarily include the sale of electricity from Hydro power and construction and maintenance of transmission lines. It offers a total commissioned capacity of 7.98 GW and an additional 5.72 GW of committed capacity.

The price prediction for RNW stock by 2030 is approximately $12.50. This forecast is based on the stock's current price of $6.24 and its potential growth in the renewable energy sector. The prediction considers factors like increasing demand for clean energy and positive market trends.

RNW has a total of 2481 employees.