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ReNew Energy Global (RNW) Stock Forecast, Price Target & Predictions

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RNW Stock Forecast

ReNew Energy Global (RNW) stock forecast, based on 6 Wall Street analysts, predicts a 12-month average price target of $9.00, with a high of $9.00 and a low of $9.00. This represents a 32.35% increase from the last price of $6.80.

High: $9 Avg: $9 Low: $9 Last Closed Price: $6.8

RNW Stock Rating

ReNew Energy Global stock's rating consensus is Buy, based on 6 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 5 Buy (83.33%), 1 Hold (16.67%), 0 Sell (0.00%), and 0 Strong Sell (0.00%).

Buy
Total 6 1 5 0 Strong Sell Sell Hold Buy Strong Buy

RNW Price Target Upside V Benchmarks

TypeNameUpside
StockReNew Energy Global32.35%
SectorUtilities Stocks4.53%

Price Target Trends

1M3M12M
# Anlaysts---
Avg Price Target---
Last Closing Price$6.80$6.80$6.80
Upside/Downside---
Ratings Trends
DateStrong BuyBuyHoldSellStrong SellTotal
Jun, 25121--4
May, 25121--4
Apr, 25121--4
Mar, 25121--4
Feb, 25131--5
Analyst Price Target Forecasts
DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Jun 07, 2024Nikhil NiganiaBernstein$9.00$6.2045.16%32.35%
Analyst Rating Forecasts
DateCompanyPrevious RatingNew RatingRating Change
Sep 26, 2024Morgan StanleyEqual-Weightdowngrade
Jun 07, 2024BernsteinOutperformOutperformhold
Apr 26, 2022Zacks Investment ResearchHoldupgrade

Financial Forecast

EPS Forecast

$-50 $-20 $10 $40 $70 $100 Mar 22 Mar 23 Mar 23 Mar 24 Mar 25 Mar 26 Mar 27 Mar 28
Mar 22Mar 23Mar 24Mar 25Mar 26Mar 27Mar 28
Reported$-40.58$-13.34-----
Avg Forecast$9.96$-20.03$-0.51$7.92$23.01$32.82$86.13
High Forecast$11.57$-17.38$0.26$9.51$32.36$43.15$97.16
Low Forecast$8.72$-22.59$-1.28$6.34$12.94$22.50$74.74
Surprise %-507.43%-33.40%-----

Revenue Forecast

$50B $90B $130B $170B $210B $250B Mar 22 Mar 23 Mar 23 Mar 24 Mar 25 Mar 26 Mar 27 Mar 28
Mar 22Mar 23Mar 24Mar 25Mar 26Mar 27Mar 28
Reported$59.35B$78.22B-----
Avg Forecast$67.65B$76.87B$88.31B$97.65B$124.78B$150.34B$189.31B
High Forecast$76.08B$84.45B$90.74B$98.45B$131.35B$152.19B$207.98B
Low Forecast$61.22B$69.05B$85.88B$87.71B$118.21B$148.49B$170.06B
Surprise %-12.27%1.76%-----

Net Income Forecast

$-20B $-8B $4B $16B $28B $40B Mar 22 Mar 23 Mar 23 Mar 24 Mar 25 Mar 26 Mar 27 Mar 28
Mar 22Mar 23Mar 24Mar 25Mar 26Mar 27Mar 28
Reported$-16.20B$-5.03B-----
Avg Forecast$3.65B$-7.32B$-186.78M$2.90B$8.28B$12.00B$31.48B
High Forecast$4.24B$-6.35B$93.39M$3.47B$11.83B$15.77B$35.51B
Low Forecast$3.20B$-8.26B$-466.94M$2.32B$4.73B$8.23B$27.32B
Surprise %-544.07%-31.30%-----

RNW Forecast FAQ

Is ReNew Energy Global stock a buy?

ReNew Energy Global stock has a consensus rating of Buy, based on 6 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 5 Buy, 1 Hold, 0 Sell, and 0 Strong Sell, reflecting a consensus that ReNew Energy Global is a favorable investment for most analysts.

What is ReNew Energy Global's price target?

ReNew Energy Global's price target, set by 6 Wall Street analysts, averages $9 over the next 12 months. The price target range spans from $9 at the low end to $9 at the high end, suggesting a potential 32.35% change from the previous closing price of $6.8.

How does ReNew Energy Global stock forecast compare to its benchmarks?

ReNew Energy Global's stock forecast shows a 32.35% upside, outperforming the average forecast for the utilities stocks sector (4.53%).

What is the breakdown of analyst ratings for ReNew Energy Global over the past three months?

  • June 2025: 25.00% Strong Buy, 50.00% Buy, 25.00% Hold, 0% Sell, 0% Strong Sell.
  • May 2025: 25.00% Strong Buy, 50.00% Buy, 25.00% Hold, 0% Sell, 0% Strong Sell.
  • April 2025: 25.00% Strong Buy, 50.00% Buy, 25.00% Hold, 0% Sell, 0% Strong Sell.

What is ReNew Energy Global’s EPS forecast?

ReNew Energy Global's average annual EPS forecast for its fiscal year ending in March 2024 is $-0.51, marking a -96.18% decrease from the reported $-13.34 in 2023. Estimates for the following years are $7.92 in 2025, $23.01 in 2026, $32.82 in 2027, and $86.13 in 2028.

What is ReNew Energy Global’s revenue forecast?

ReNew Energy Global's average annual revenue forecast for its fiscal year ending in March 2024 is $88.31B, reflecting a 12.89% increase from the reported $78.22B in 2023. The forecast for 2025 is $97.65B, followed by $124.78B for 2026, $150.34B for 2027, and $189.31B for 2028.

What is ReNew Energy Global’s net income forecast?

ReNew Energy Global's net income forecast for the fiscal year ending in March 2024 stands at $-187M, representing a -96.29% decrease from the reported $-5.029B in 2023. Projections indicate $2.9B in 2025, $8.28B in 2026, $12B in 2027, and $31.48B in 2028.