Roth Capital Analysts Lift Earnings Estimates for RNW

ReNew Energy Global Plc (NASDAQ:RNW) – Roth Capital boosted their Q3 2025 EPS estimates for shares of ReNew Energy Global in a research report issued on Sunday, November 24th. Roth Capital analyst J. Clare now forecasts that the company will post earnings per share of ($0.05) 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 subject of a number of other research reports. Morgan Stanley lowered shares of ReNew Energy Global from an “overweight” rating to an “equal weight” rating in a report on Thursday, September 26th. Roth Mkm decreased their price objective on shares of ReNew Energy Global from $9.00 to $8.00 and set a “buy” rating for the company in a report on Monday, August 19th.

ReNew Energy Global Trading Up 0.7 %

Shares of RNW opened at $6.09 on Wednesday. ReNew Energy Global has a 1-year low of $5.15 and a 1-year high of $7.79. The company has a 50-day moving average of $5.88 and a 200 day moving average of $5.95. The firm has a market capitalization of $2.21 billion, a price-to-earnings ratio of 101.52 and a beta of 0.95. The company has a debt-to-equity ratio of 4.51, a current ratio of 0.65 and a quick ratio of 0.64.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in RNW. Franklin Resources Inc. purchased a new position in ReNew Energy Global during the 3rd quarter valued at about $11,585,000. Millennium Management LLC increased its position in ReNew Energy Global by 60.5% during the 2nd quarter. Millennium Management LLC now owns 4,779,016 shares of the company’s stock valued at $29,821,000 after purchasing an additional 1,802,191 shares during the period. Rubric Capital Management LP increased its position in ReNew Energy Global by 15.3% during the 2nd quarter. Rubric Capital Management LP now owns 13,506,102 shares of the company’s stock valued at $84,278,000 after purchasing an additional 1,794,402 shares during the period. Carrhae Capital LLP increased its position in ReNew Energy Global by 69.3% during the 3rd quarter. Carrhae Capital LLP now owns 3,654,991 shares of the company’s stock valued at $22,990,000 after purchasing an additional 1,495,819 shares during the period. Finally, M&G PLC purchased a new position in ReNew Energy Global during the 3rd quarter valued at about $8,097,000. Hedge funds and other 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.