ReNew Energy Global Plc (RNW)

ReNew Energy Global Stock Forecast

Stock Price Forecast

According to 4 analysts polled by S&P Global, ReNew Energy Global stock has a consensus rating of "Buy" and an average price target of $7.84. The average 1-year stock price forecast is 31.76% higher than the current stock price, while the lowest is $6.77 (+13.78%) and the highest is $8.53 (+43.36%).

Price Target: $7.84 (+31.76%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$6.77	$7.84	$8.02	$8.53
Change	+13.78%	+31.76%	+34.79%	+43.36%

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	Nov '25	Dec '25	Feb '26	Apr '26	May '26	Jun '26
Strong Buy	2	2	3	3	3	3
Buy	0	0	0	0	0	0
Hold	2	2	1	1	1	1
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	4	4	4	4	4	4

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Maheep Mandloi Mizuho Securities	Mizuho Securities	Hold Maintains $7 → $6.75	Hold	Maintains	$7 → $6.75	+13.45%	Jun 1, 2026
Justin Clare Roth MKM	Roth MKM	Buy Reiterates $8	Buy	Reiterates	$8	+34.45%	May 19, 2026
Nikhil Nigania Bernstein	Bernstein	Buy Maintains $8	Buy	Maintains	$8	+34.45%	Dec 17, 2025

Financial Forecast

Revenue This Year

152.77B

Increased by 15.57%

from 132.20B

Revenue Next Year

196.93B

Increased by 28.90%

from 152.77B

EPS This Year

27.17

Decreased by -2.28%

from 27.80

EPS Next Year

70.84

Increased by 160.77%

from 27.17

Fiscal Year	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Mar 31, 2022	Mar 31, 2023	Mar 31, 2024	Mar 31, 2025	Mar 31, 2026	Mar 31, 2027
Revenue	59.35B	78.22B	81.32B	97.06B	132.20B	152.77B
Revenue Growth	23.16%	31.80%	3.96%	19.36%	36.20%	15.57%
Net Income	-16.08B	-4.82B	3.40B	3.81B	10.39B	5.87B
EPS	-	-	-	-	27.80	27.17
EPS Growth	-	-	-	-	157.16%	-2.28%
Forward PE	-	-	-	18.76	-	20.93
Free Cash Flow	-65.60B	-40.87B	-130.58B	-90.07B	-41.15B	1.87B
No. Analysts	-	-	-	-	-	5

EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is INR.

Revenue Forecast

Revenue	2027	2028	2029
High	167.7B
Avg	152.8B
Low	144.9B

Revenue Growth

Revenue Growth	2027	2028	2029
High	26.9%
Avg	15.6%
Low	9.6%

EPS Forecast

EPS	2027	2028	2029
High	-
Avg	27.17
Low	-

EPS Growth

EPS Growth	2027	2028	2029
High	-
Avg	-2.3%
Low	-

Data Sources: S&P Global Market Intelligence and TipRanks Last updated: Jun 1, 2026

Price targets, consensus ratings and financial forecasts are provided by S&P Global Market Intelligence. Individual analyst data is provided by TipRanks. Price targets and consensus ratings update every hour to every three days, while individual analyst data updates in near real-time.

Last checked:

Jun 1, 2026

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