Should I Buy RNW? RNW 2026 Analysis

Should You Buy Renew Energy Global PLC (RNW) Today? Analysis, Price Targets, and 2026 Outlook.

Conclusion

Hold

Latest Price

5.380

1 Day change

-0.92%

52 Week Range

8.240

Analysis Updated At

2026/01/30

RNW is not a good buy right now for an impatient investor. The technical setup is not offering a clean momentum entry (price below pivot with weakening positive momentum), hedge funds are aggressively selling, and options positioning shows heavy put open interest (defensive/bearish). Despite solid revenue growth and analyst targets still well above the current price, the near-term setup favors waiting rather than buying immediately.

Technical Analysis

Price/levels: RNW at 5.38 is below the pivot (5.449), sitting closer to support S1 (5.281) than resistance R1 (5.617), which tilts near-term risk toward a support retest. Momentum: MACD histogram is positive (0.0638) but contracting, implying bullish momentum is fading rather than strengthening. RSI(6) at 41.63 is neutral-to-weak (not oversold, not strong), consistent with a soft/basing tape rather than a rebound thrust. Moving averages are converging, typically signaling consolidation/indecision rather than a trend you can chase. Probabilistic pattern read: Similar-pattern analysis suggests an 80% chance of about -1.43% next day, then roughly flat-to-slightly positive over the next week/month—more consistent with chop than an immediate upside breakout.

Options Data

Bearish

Open Interest Put-Call Ratio

Bullish

Option Volume Put-Call Ratio

Positioning/sentiment: Open interest put/call of 10.22 is extremely put-heavy (market participants are positioned defensively and/or hedging heavily). However, today’s volume put/call of 0.44 is more call-leaning on the day, suggesting some near-term dip-buying or upside speculation. Volatility: 30D IV at ~59.44 versus historical volatility ~19.89 indicates options are pricing elevated uncertainty; this commonly occurs around event risk or post-shock repricing. Net read: structurally cautious/bearish positioning (OI) with some short-term speculative upside (volume), not a clean bullish consensus.

Technical Summary

Sell

Buy

Positive Catalysts

Fundamentals: 2026/Q2 revenue grew +35.65% YoY, supporting the long-term renewables growth narrative.
Valuation/target upside (by implication): Analysts still have targets in the $7–$8.15 range vs. $5.38 spot, leaving room for mean reversion if sentiment stabilizes.
Upcoming event: Next earnings (QDEC
on 2026-02-20 pre-market could reset expectations if execution and guidance improve.

Neutral/Negative Catalysts

Deal catalyst removed: The proposed take-private transaction is off after Masdar withdrew, removing a major near-term support for the share price and leaving a sentiment overhang.
Flows: Hedge funds are selling aggressively (selling amount up ~494% over the last quarter), which often pressures price in the near term.
Profitability trend: 2026/Q2 net income down -5.35% YoY despite strong revenue growth—suggests margin/finance cost/other pressures.
Technical posture: below pivot with fading MACD strength; near-term odds favor chop/down before a durable uptrend resumes.

Financial Performance

Latest quarter (2026/Q2): Revenue increased to 36,266,000,000 (+35.65% YoY), showing strong top-line expansion. Net income fell to 4,675,000,000 (-5.35% YoY), indicating profitability did not keep pace with revenue (costs, financing, or mix likely weighed). EPS shown as 0 (flat YoY per provided snapshot). Overall: strong growth on sales, but weakening earnings momentum—good for a long-term story, less supportive for an immediate buy-now trade.

Growth

Profitability

Efficiency

Analyst Ratings and Price Target Trends

Recent trend: Analysts reduced price targets after the take-private deal collapsed, but ratings did not uniformly turn bearish. Roth Capital reiterated Buy while trimming PT slightly to $8 (from $8.15). Mizuho kept Neutral while cutting PT to $7 (from $8.15) and characterized the selloff as likely overdone (arbitrage exit-driven). Wall Street pros: (Pros) meaningful upside to targets vs. current price; selloff may have been technically driven. (Cons) loss of the take-private catalyst and uncertainty around re-rating without that anchor; neutral stance from at least one major shop post-event.

3 Analyst Rating

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 7.67 USD with a low forecast of 7 USD and a high forecast of 8 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.

2 Buy

1 Hold

0 Sell

Moderate Buy

Current: 5.430

Low

Averages

7.67

High

Current: 5.430

Low

Averages

7.67

High

Roth Capital

Buy

downgrade

AI Analysis

2025-12-17

Reason

Roth Capital

Price Target

AI Analysis

2025-12-17

downgrade

Buy

Reason

Roth Capital lowered the firm's price target on ReNew Energy Global to $8 from $8.15 and keeps a Buy rating on the shares. The company has disclosed on December 15 that Masdar had withdrawn from the investor consortium, and as a result, the consortium will no longer proceed with the proposed take-private transaction, the analyst tells investors in a research note. While no explanation was provided for Masdar's withdrawal, the decision was unexpected given how close the parties appeared to be to a final agreement, the firm added.

Mizuho

Neutral

downgrade

2025-12-16

Reason

Mizuho

Price Target

2025-12-16

downgrade

Neutral

Reason

Mizuho lowered the firm's price target on ReNew Energy Global to $7 from $8.15 and keeps a Neutral rating on the shares after Masdar announced that it is withdrawing from a consortium that planned to take ReNew Energy private. The share selloff is "overdone" and likely reflects arbitrage investors exiting the stock, the analyst tells investors in a research note.

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RNW Should I Buy

RNW Should I Buy

Should You Buy Renew Energy Global PLC (RNW) Today? Analysis, Price Targets, and 2026 Outlook.

Technical Analysis

Options Data

Technical Summary

Positive Catalysts

Neutral/Negative Catalysts

Financial Performance

Growth

Profitability

Efficiency

Analyst Ratings and Price Target Trends

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