RNW Stock ReNew Energy Global Plc
US · NasdaqGSLast in our picks 2026-10-21 — not in the current list; analysis below is from that screen
Large Indian renewable platform offers growth from expanding capacity and rising electricity demand.
Future value: $7.76 (+12.89%) · 6-12 months · analyst consensus
Signal breakdown
- ▸Analyst targets near $8.81 imply substantial upside from current levels.
- ▸Above 50-day MA (+0.42%)
- ▸Above 200-day MA — long-term uptrend
Is RNW a buy right now?
Trend: RNW is trading above the 50-day average (+0.29%), RSI 54 — neutral momentum, with a 3-month return of +12.81%.
Valuation & quality: ReNew Energy Global Plc trades on a trailing P/E of 20.8, forward P/E 9.7, price-to-book 1.81; fundamentals show net margin 7.7%, return on equity 7.7%, revenue growth 14.3% year on year.
Analyst consensus: 4 analysts have a mean 12-month price target of $7.72 (+12.3% vs the last close; range $7.03 – $8.67), consensus rating “buy”.
Our screen: BUY (score 3) — Large Indian renewable platform offers growth from expanding capacity and rising electricity demand.
Computed from end-of-day data; not personal advice.
12-month price chart
Monthly returns
| Mar 26 | Apr 26 | May 26 | Jun 26 | Jul 26 | Aug 26 | Sep 26 | Oct 26 |
|---|---|---|---|---|---|---|---|
| -17.00% | +17.50% | +18.80% | -2.20% | -0.50% | +9.30% | +0.60% | +0.40% |
Fundamentals
Analyst price target
Technical signals
About ReNew Energy Global Plc
ReNew Energy Global Plc, together with its subsidiaries, engages in the generation of power through non-conventional and renewable energy sources in India. It operates through two segments, Generation and Sale of Renewable Power, and Manufacturing of Power Equipment's.
Sector: Utilities · Industry: Utilities - Renewable · United Kingdom · 4,720 employees · Website
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Market data from end-of-day feeds; AI-generated research for educational purposes only — not investment advice.