RNW

Renew Energy Global PLC

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Advanced Chart

7.290

-0.15(-2.016%)1D

Overview
Forecast
Valuation
Earnings

Line

Candle

YTD

High

7.490

Open

7.480

VWAP

7.37

Vol

501.50K

Mkt Cap

2.64B

Low

7.280

Amount

3.70M

EV/EBITDA(TTM)

11.71

Total Shares

365.31M

10.54B

EV/OCF(TTM)

64.35

P/S(TTM)

2.38

ReNew Energy Global Plc is a decarbonization solutions company. It 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 conducts business activities relating to the generation of power through non-conventional and renewable energy sources through ReNew Power Private Limited and its subsidiaries. It operates in four segments: wind power, solar power, hydro power, and transmission line. Its wind power segment reflects the revenue earned from its utility-scale wind energy projects in India and solar power segment reflects the revenue earned from its utility-scale and solar energy projects in India and hydro power segment reflects the revenue earned from its hydro energy projects in India. Its transmission line segment include revenue from construction and maintenance of transmission lines.

Market Estimates

Earnings Estimates

Revenue

YoY Chg

EPS

YoYChg

FY2026Q3

FY2026Q2

FY2026Q1

28.17B

+30.74%

-6.465

-32.35%

37.97B

+41.07%

17.436

+22.35%

31.59B

+38.48%

10.432

+4116.65%

Estimates Revision

The market is revising Downward the revenue expectations for ReNew Energy Global Plc (RNW) for FY2026, with the revenue forecasts being adjusted by -1.32% over the past three months. During the same period, the stock price has changed by 11.13%.

Revenue Estimates for FY2026

Revise Downward

-1.32%

In Past 3 Month

EPS Estimates for FY2026

Revise Downward

-19.51%

In Past 3 Month

Stock Price

Go Up

+11.13%

In Past 3 Month

4 Analyst Rating

16.32% Upside

Wall Street analysts forecast RNW stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for RNW is 8.48 USD with a low forecast of 7.12 USD and a high forecast of 10.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

3 Buy

1 Hold

0 Sell

Strong Buy

16.32% Upside

Current: 7.290

Low

7.12

Averages

8.48

High

10.00

16.32% Upside

Current: 7.290

Low

7.12

Averages

8.48

High

10.00

Roth Capital

Buy

maintain

2025-07-03

Reason

Roth Capital

Price Target

2025-07-03

maintain

Buy

Reason

Roth Capital raised the firm's price target on ReNew Energy Global to $8 from $7.50 and keeps a Buy rating on the shares. The firm raised its price target following a consortium of investors announcing a plan to increase the offer price for ReNew to $8.00 per share from the prior $7.07 per share offer. Roth believes this proposal is "more likely to be acceptable to investors, given the higher premium."

Bernstein

Outperform

maintain

2025-05-12

Reason

Bernstein

Price Target

2025-05-12

maintain

Outperform

Reason

Bernstein lowered the firm's price target on ReNew Energy Global to $8.80 from $9 and keeps an Outperform rating on the shares. The firm notes that it has been positive on ReNew for the last 3 years, but the stock never lived up to its potential. Taking it private and listing in India seemed the best option for ages, and now it seems very doable, Bernstein argues.

Roth MKM

Justin Clare

Strong Buy

Maintains

$8 → $7.5

2025-02-21

Reason

Roth MKM

Justin Clare

Price Target

$8 → $7.5

2025-02-21

Maintains

Strong Buy

Reason

Roth MKM analyst Justin Clare lowered the firm's price target on ReNew Energy Global to $7.50 from $8 and keeps a Buy rating on the shares following a Q3 miss. The company cited low wind speeds in India for decreased FY25 guidance. Roth lowered its estimates for ReNew on a "modest" reduction to plant load factor estimates and a reduction in FY26.

Roth MKM

Justin Clare

Strong Buy

Maintains

$9 → $8

2024-08-19

Reason

Roth MKM

Justin Clare

Price Target

$9 → $8

2024-08-19

Maintains

Strong Buy

Reason

See All Ratings

Valuation Metrics

The current forward P/E ratio for Renew Energy Global PLC (RNW.O) is 26.72, compared to its 5-year average forward P/E of -10.28. For a more detailed relative valuation and DCF analysis to assess Renew Energy Global PLC 's fair value, click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.

N/A

5Y Average PE

-10.28

Current PE

26.72

Overvalued PE

134.47

Undervalued PE

-155.03

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.

Fair

5Y Average EV/EBITDA

9.10

Current EV/EBITDA

10.61

Overvalued EV/EBITDA

11.18

Undervalued EV/EBITDA

7.02

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.

Fair

5Y Average PS

1.99

Current PS

1.87

Overvalued PS

2.85

Undervalued PS

1.12