ReNew Energy Global Plc (RNW)
NASDAQ: RNW · Real-Time Price · USD
6.78
+0.05 (0.74%)
Jan 17, 2025, 4:00 PM EST - Market closed
ReNew Energy Global Stock Forecast
Stock Price Forecast
The 1 analyst with a 12-month price forecast for ReNew Energy Global stock has a target of 8.00, which predicts an increase of 17.99% from the current stock price of 6.78.
Analyst Consensus: Strong Buy
* Price targets were last updated on Aug 19, 2024.
Analyst Ratings
According to 1 stock analyst, the rating for RNW is "Strong Buy". This means that the analyst believes this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 | Jan '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 4 | 4 | 4 | 1 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4 | 4 | 4 | 4 | 4 | 1 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Roth MKM | Roth MKM | Strong Buy Maintains $9 → $8 | Strong Buy | Maintains | $9 → $8 | +17.99% | Aug 19, 2024 |
| Roth MKM | Roth MKM | Strong Buy Reiterates $8 → $9 | Strong Buy | Reiterates | $8 → $9 | +32.74% | Jun 7, 2024 |
| Roth MKM | Roth MKM | Strong Buy Maintains $9 → $8 | Strong Buy | Maintains | $9 → $8 | +17.99% | Apr 11, 2024 |
| Mizuho | Mizuho | Strong Buy Maintains $8 → $10 | Strong Buy | Maintains | $8 → $10 | +47.49% | Jan 3, 2024 |
| Goldman Sachs | Goldman Sachs | Strong Buy Maintains $7 → $8 | Strong Buy | Maintains | $7 → $8 | +17.99% | Dec 21, 2023 |
Financial Forecast
Revenue This Year
1.17B
from 81.32B
Decreased by -98.56%
Revenue Next Year
1.52B
from 1.17B
Increased by 30.03%
EPS This Year
0.07
from 9.31
Decreased by -99.22%
EPS Next Year
0.32
from 0.07
Increased by 346.08%
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|
| High | 1.3B | 1.7B | 2.1B | |
| Avg | 1.2B | 1.5B | 1.9B | |
| Low | 1.1B | 1.3B | 1.7B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|
| High | -98.4% | 45.9% | 38.7% | |
| Avg | -98.6% | 30.0% | 24.7% | |
| Low | -98.7% | 11.8% | 11.1% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 0.18 | 0.61 | 0.87 |
| Avg | 0.07 | 0.32 | 0.46 |
| Low | -0.09 | 0.07 | 0.17 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | -98.1% | 744.2% | 170.4% |
| Avg | -99.2% | 346.1% | 43.5% |
| Low | - | -5.0% | -47.2% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.