ReNew Energy Global Plc (RNW)

ReNew Energy Global Stock Forecast

Stock Price Forecast

The 2 analysts that cover ReNew Energy Global stock have a consensus rating of "Buy" and an average price target of $7.83, which forecasts a 4.26% increase in the stock price over the next year. The lowest target is $7.50 and the highest is $8.15.

Price Target: $7.83 (+4.26%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$7.50	$7.83	$8.15	$8.15
Change	-0.13%	+4.26%	+8.52%	+8.52%

Analyst Ratings

The average analyst rating for ReNew Energy Global stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Jun '25	Jul '25	Aug '25	Sep '25	Oct '25	Nov '25
Strong Buy	1	1	1	1	1	1
Buy	0	0	0	0	0	0
Hold	0	0	0	0	1	1
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	1	1	1	1	2	2

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Maheep Mandloi Mizuho	Mizuho	Buy → Hold Downgrades $10 → $8.15	Buy → Hold	Downgrades	$10 → $8.15	+8.52%	Oct 29, 2025
Justin Clare Roth MKM	Roth MKM	Strong Buy Maintains $8 → $7.5	Strong Buy	Maintains	$8 → $7.5	-0.13%	Feb 21, 2025
Justin Clare Roth MKM	Roth MKM	Strong Buy Maintains $9 → $8	Strong Buy	Maintains	$9 → $8	+6.52%	Aug 19, 2024
Justin Clare Roth MKM	Roth MKM	Strong Buy Reiterates $8 → $9	Strong Buy	Reiterates	$8 → $9	+19.84%	Jun 7, 2024
Justin Clare Roth MKM	Roth MKM	Strong Buy Maintains $9 → $8	Strong Buy	Maintains	$9 → $8	+6.52%	Apr 11, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

1.51B

Decreased by -98.45%

from 97.06B

Revenue Next Year

1.76B

Increased by 16.58%

from 1.51B

EPS This Year

0.26

Decreased by -97.62%

from 10.81

EPS Next Year

0.37

Increased by 41.97%

from 0.26

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Mar 31, 2021	Mar 31, 2022	Mar 31, 2023	Mar 31, 2024	Mar 31, 2025	Mar 31, 2026	Mar 31, 2027
Revenue	48.19B	59.35B	78.22B	81.32B	97.06B	1.51B	1.76B
Revenue Growth	-0.47%	23.16%	31.80%	3.96%	19.36%	-98.45%	16.58%
EPS	-19.49	-43.49	-12.33	9.92	10.81	0.26	0.37
EPS Growth	-	-	-	-	8.97%	-97.62%	41.97%
Forward PE	-	-	-	-	-	2,590.32	1,824.51
No. Analysts	-	-	-	-	-	6	6

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

Revenue Forecast

Revenue	2026	2027	2028
High	1.7B	1.9B
Avg	1.5B	1.8B
Low	1.4B	1.6B

Revenue Growth

Revenue Growth	2026	2027	2028
High	-98.3%	26.7%
Avg	-98.4%	16.6%
Low	-98.6%	8.6%

EPS Forecast

EPS	2026	2027	2028
High	0.28	0.41
Avg	0.26	0.37
Low	0.23	0.33

EPS Growth

EPS Growth	2026	2027	2028
High	-97.4%	61.1%
Avg	-97.6%	42.0%
Low	-97.9%	29.6%

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.