ReNew Energy Global Plc (RNW)

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 7.50, which predicts an increase of 26.80% from the current stock price of 5.92.

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$7.50	$7.50	$7.50	$7.50
Change	+26.80%	+26.80%	+26.80%	+26.80%

* Price targets were last updated on Feb 21, 2025.

Analyst Ratings

According to 1 stock analyst, the rating for ReNew Energy Global 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	Oct '24	Nov '24	Dec '24	Jan '25	Feb '25	Mar '25
Strong Buy	4	4	4	4	1	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	1	1

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Justin Clare Roth MKM	Roth MKM	Strong Buy Maintains $8 → $7.5	Strong Buy	Maintains	$8 → $7.5	+26.80%	Feb 21, 2025
Justin Clare Roth MKM	Roth MKM	Strong Buy Maintains $9 → $8	Strong Buy	Maintains	$9 → $8	+35.25%	Aug 19, 2024
Justin Clare Roth MKM	Roth MKM	Strong Buy Reiterates $8 → $9	Strong Buy	Reiterates	$8 → $9	+52.16%	Jun 7, 2024
Justin Clare Roth MKM	Roth MKM	Strong Buy Maintains $9 → $8	Strong Buy	Maintains	$9 → $8	+35.25%	Apr 11, 2024
Maheep Mandloi Mizuho	Mizuho	Strong Buy Maintains $8 → $10	Strong Buy	Maintains	$8 → $10	+69.06%	Jan 3, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

1.14B

Decreased by -98.60%

from 81.32B

Revenue Next Year

1.58B

Increased by 38.75%

from 1.14B

EPS This Year

0.02

Decreased by -99.79%

from 9.31

EPS Next Year

0.28

Increased by 1,330.86%

from 0.02

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Mar 31, 2020	Mar 31, 2021	Mar 31, 2022	Mar 31, 2023	Mar 31, 2024	Mar 31, 2025	Mar 31, 2026	Mar 31, 2027
Revenue	48.41B	48.19B	59.35B	78.22B	81.32B	1.14B	1.58B	1.84B
Revenue Growth	12.21%	-0.47%	23.16%	31.80%	3.96%	-98.60%	38.75%	16.34%
EPS	-7.08	-19.49	-43.49	-12.59	9.31	0.02	0.28	0.44
EPS Growth	-	-	-	-	-	-99.79%	1,330.86%	59.38%
Forward PE	-	-	-	-	-	25,957.13	1,814.09	1,138.22
No. Analysts	-	-	-	-	-	5	5	5

Financial currency is INR. Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026	2027
High	1.3B	1.7B	2.0B
Avg	1.1B	1.6B	1.8B
Low	1.0B	1.4B	1.7B

Revenue Growth

Revenue Growth	2025	2026	2027
High	-98.4%	52.8%	29.6%
Avg	-98.6%	38.8%	16.3%
Low	-98.7%	26.0%	6.2%

EPS Forecast

EPS	2025	2026	2027
High	0.15	0.53	0.75
Avg	0.02	0.28	0.44
Low	-0.09	0.07	0.23

EPS Growth

EPS Growth	2025	2026	2027
High	-98.4%	2,640.9%	169.9%
Avg	-99.8%	1,330.9%	59.4%
Low	-	252.3%	-18.2%

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.