ReNew Energy Global Plc to Post Q2 2025 Earnings of $0.09 Per Share, Roth Capital Forecasts (NASDAQ:RNW)

ReNew Energy Global Plc (NASDAQ:RNW) – Investment analysts at Roth Capital lowered their Q2 2025 earnings per share (EPS) estimates for shares of ReNew Energy Global in a note issued to investors on Wednesday, April 10th. Roth Capital analyst J. Clare now expects that the company will earn $0.09 per share for the quarter, down from their prior estimate of $0.11. Roth Capital also issued estimates for ReNew Energy Global’s FY2026 earnings at $0.20 EPS.

ReNew Energy Global (NASDAQ:RNW) last announced its earnings results on Tuesday, February 20th. The company reported ($0.15) earnings per share for the quarter, missing the consensus estimate of ($0.14) by ($0.01). ReNew Energy Global had a net margin of 3.61% and a return on equity of 2.96%. The business had revenue of $232.00 million for the quarter, compared to the consensus estimate of $195.90 million. During the same quarter in the previous year, the company earned ($0.15) EPS.

Other analysts also recently issued research reports about the company. Roth Mkm reduced their price objective on ReNew Energy Global from $9.00 to $8.00 and set a “buy” rating for the company in a research report on Thursday. Mizuho increased their target price on ReNew Energy Global from $8.00 to $10.00 and gave the stock a “buy” rating in a report on Wednesday, January 3rd. Finally, The Goldman Sachs Group increased their target price on ReNew Energy Global from $7.00 to $8.00 and gave the stock a “buy” rating in a report on Wednesday, December 20th. Five analysts have rated the stock with a buy rating, Based on data from MarketBeat, ReNew Energy Global currently has an average rating of “Buy” and an average target price of $8.35.

ReNew Energy Global Price Performance

Shares of RNW stock opened at $5.61 on Friday. The stock has a 50 day moving average of $6.25 and a two-hundred day moving average of $6.33. The company has a current ratio of 0.85, a quick ratio of 0.84 and a debt-to-equity ratio of 4.57. ReNew Energy Global has a 12 month low of $4.78 and a 12 month high of $7.79. The company has a market capitalization of $2.09 billion, a P/E ratio of 56.10 and a beta of 0.91.

Institutional Investors Weigh In On ReNew Energy Global

A number of institutional investors and hedge funds have recently made changes to their positions in RNW. State of Wyoming acquired a new stake in shares of ReNew Energy Global during the fourth quarter worth $28,000. Quantbot Technologies LP grew its stake in shares of ReNew Energy Global by 556.4% during the second quarter. Quantbot Technologies LP now owns 4,595 shares of the company’s stock worth $29,000 after purchasing an additional 3,895 shares during the period. Pale Fire Capital SE acquired a new stake in shares of ReNew Energy Global during the third quarter worth $54,000. Citigroup Inc. acquired a new stake in shares of ReNew Energy Global during the second quarter worth $55,000. Finally, Legal & General Group Plc grew its stake in shares of ReNew Energy Global by 287.0% during the third quarter. Legal & General Group Plc now owns 10,677 shares of the company’s stock worth $58,000 after purchasing an additional 7,918 shares during the period. Institutional investors own 43.56% of the company’s stock.

ReNew Energy Global Company Profile

ReNew Energy Global Plc generates power through non-conventional and renewable energy sources in India. The company operates through two segments: Wind Power and Solar Power. It develops, builds, owns, and operates utility scale wind and solar energy, hydro energy, and utility-scale firm power projects, as well as distributed solar energy projects that generate energy for commercial and industrial customers.