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 $7.94. The average 1-year stock price forecast is 26.84% higher than the current stock price, while the lowest is $6.84 (+9.27%) and the highest is $8.62 (+37.70%).

Price Target: $7.94 (+26.84%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$6.84	$7.94	$8.15	$8.62
Change	+9.27%	+26.84%	+30.19%	+37.70%

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	+7.83%	Jun 1, 2026
Justin Clare Roth MKM	Roth MKM	Buy Reiterates $8	Buy	Reiterates	$8	+27.80%	May 19, 2026

Financial Forecast

Revenue This Year

153.41B

from 132.20B

16.05%

from 132.20B

Revenue Next Year

189.51B

from 153.41B

23.53%

from 153.41B

EPS This Year

27.17

from 27.80

-2.28%

from 27.80

EPS Next Year

70.84

from 27.17

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	153.41B
Revenue Growth	23.16%	31.80%	3.96%	19.36%	36.20%	16.05%
Net Income	-16.08B	-4.82B	3.40B	3.81B	10.39B	8.23B
EPS	-	-	-	-	27.80	27.17
EPS Growth	-	-	-	-	157.16%	-2.28%
Forward PE	-	-	-	18.76	-	21.79
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	153.4B
Low	144.9B

Revenue Growth

Revenue Growth	2027	2028	2029
High	26.9%
Avg	16.0%
Low	9.6%

EPS Forecast

EPS	2027	2028	2029
High	30.55
Avg	27.17
Low	21.30

EPS Growth

EPS Growth	2027	2028	2029
High	9.9%
Avg	-2.3%
Low	-23.4%