Q2 2025 Earnings Forecast for ReNew Energy Global Plc Issued By Roth Capital (NASDAQ:RNW)

ReNew Energy Global Plc (NASDAQ:RNWFree Report) – Equities research analysts at Roth Capital dropped their Q2 2025 earnings estimates for ReNew Energy Global in a research report issued on Wednesday, April 10th. Roth Capital analyst J. Clare now forecasts that the company will post earnings of $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:RNWGet Free Report) last announced its quarterly earnings data 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). The company had revenue of $232.00 million for the quarter, compared to analyst estimates of $195.90 million. ReNew Energy Global had a return on equity of 2.96% and a net margin of 3.61%. During the same period in the prior year, the business earned ($0.15) earnings per share.

A number of other research analysts also recently commented on RNW. 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. Roth Mkm reduced their price objective on ReNew Energy Global from $9.00 to $8.00 and set a “buy” rating on the stock in a research note on Thursday. Finally, Mizuho boosted their target price on shares of ReNew Energy Global from $8.00 to $10.00 and gave the company a “buy” rating in a research note on Wednesday, January 3rd. Five research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average price target of $8.35.

Read Our Latest Report on RNW

ReNew Energy Global Stock Up 1.7 %

NASDAQ:RNW opened at $5.85 on Friday. The company has a debt-to-equity ratio of 4.57, a quick ratio of 0.84 and a current ratio of 0.85. The company has a market capitalization of $2.18 billion, a price-to-earnings ratio of 58.50 and a beta of 0.91. ReNew Energy Global has a one year low of $4.78 and a one year high of $7.79. The stock has a 50-day simple moving average of $6.28 and a 200 day simple moving average of $6.34.

Institutional Trading of ReNew Energy Global

Several hedge funds have recently made changes to their positions in RNW. Rubric Capital Management LP grew its stake in ReNew Energy Global by 21.2% during the 3rd quarter. Rubric Capital Management LP now owns 9,897,426 shares of the company’s stock worth $53,743,000 after buying an additional 1,731,521 shares during the last quarter. Sylebra Capital LLC bought a new position in shares of ReNew Energy Global during the third quarter worth about $13,962,000. Graham Capital Management L.P. bought a new position in shares of ReNew Energy Global during the third quarter worth about $304,000. GSA Capital Partners LLP increased its holdings in shares of ReNew Energy Global by 945.4% in the 3rd quarter. GSA Capital Partners LLP now owns 130,669 shares of the company’s stock worth $710,000 after acquiring an additional 118,169 shares during the period. Finally, Advisors Asset Management Inc. lifted its position in ReNew Energy Global by 18.9% in the 3rd quarter. Advisors Asset Management Inc. now owns 63,412 shares of the company’s stock valued at $344,000 after purchasing an additional 10,082 shares during the last quarter. Institutional investors own 43.56% of the company’s stock.

About ReNew Energy Global

(Get Free Report)

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.

See Also

Earnings History and Estimates for ReNew Energy Global (NASDAQ:RNW)

Receive News & Ratings for ReNew Energy Global Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ReNew Energy Global and related companies with MarketBeat.com's FREE daily email newsletter.