Roth Capital Analysts Lift Earnings Estimates for RNW

ReNew Energy Global Plc (NASDAQ:RNW) – Equities research analysts at Roth Capital raised their Q3 2025 earnings estimates for shares of ReNew Energy Global in a research note issued on Sunday, November 24th. Roth Capital analyst J. Clare now forecasts that the company will post earnings of ($0.05) per share for the quarter, up from their previous estimate of ($0.06). The consensus estimate for ReNew Energy Global’s current full-year earnings is $0.12 per share. Roth Capital also issued estimates for ReNew Energy Global’s Q4 2025 earnings at $0.02 EPS, FY2025 earnings at $0.12 EPS, Q1 2026 earnings at $0.20 EPS, Q2 2026 earnings at $0.22 EPS, Q3 2026 earnings at ($0.03) EPS, Q4 2026 earnings at $0.06 EPS and FY2026 earnings at $0.45 EPS.

RNW has been the topic of several other research reports. Roth Mkm dropped their target price on shares of ReNew Energy Global from $9.00 to $8.00 and set a “buy” rating on the stock in a research report on Monday, August 19th. Morgan Stanley downgraded shares of ReNew Energy Global from an “overweight” rating to an “equal weight” rating in a research report on Thursday, September 26th.

ReNew Energy Global Stock Up 0.7 %

NASDAQ:RNW opened at $6.09 on Wednesday. The company has a market cap of $2.21 billion, a PE ratio of 101.52 and a beta of 0.95. ReNew Energy Global has a twelve month low of $5.15 and a twelve month high of $7.79. The company has a current ratio of 0.65, a quick ratio of 0.64 and a debt-to-equity ratio of 4.51. The company’s 50 day moving average is $5.88 and its two-hundred day moving average is $5.95.

Institutional Trading of ReNew Energy Global

Several institutional investors and hedge funds have recently bought and sold shares of the business. Mercer Global Advisors Inc. ADV lifted its stake in ReNew Energy Global by 12.7% during the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 15,187 shares of the company’s stock valued at $95,000 after acquiring an additional 1,709 shares during the period. Robeco Institutional Asset Management B.V. lifted its stake in ReNew Energy Global by 23.1% during the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 12,672 shares of the company’s stock valued at $80,000 after acquiring an additional 2,379 shares during the period. Tidal Investments LLC lifted its stake in shares of ReNew Energy Global by 3.5% in the 1st quarter. Tidal Investments LLC now owns 87,575 shares of the company’s stock valued at $525,000 after purchasing an additional 2,924 shares during the period. Van ECK Associates Corp lifted its stake in shares of ReNew Energy Global by 58.1% in the 3rd quarter. Van ECK Associates Corp now owns 12,278 shares of the company’s stock valued at $72,000 after purchasing an additional 4,513 shares during the period. Finally, Harvest Portfolios Group Inc. lifted its stake in shares of ReNew Energy Global by 17.7% in the 3rd quarter. Harvest Portfolios Group Inc. now owns 71,966 shares of the company’s stock valued at $453,000 after purchasing an additional 10,831 shares during the period. 43.56% of the stock is currently owned by institutional investors and hedge funds.

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.