ReNew Energy Global (RNW) Stock

The average of price targets set by Wall Street analysts indicates a potential upside of 42.3% in ReNew Energy Global (RNW). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.

ReNew Energy Global Plc (NASDAQ:RNW ) Q2 2025 Earnings Conference Call November 20, 2024 8:30 AM ET Company Participants Anunay Shahi - Head of Investor Relations Sumant Sinha - Founder, Chairman and Chief Executive Officer Kailash Vaswani - Chief Financial Officer Vaishali Nigam Sinha - Co-Founder, ReNew and Chairperson, Sustainability Conference Call Participants Justin Clare - ROTH Capital Partners Maheep Mandloi - Mizuho Nikhil Nigania - Bernstein Aniket Mittal - SBI Mutual Funds Puneet Gulati - HSBC Macauley Smith - Ninety One Operator Thank you for standing by and welcome to the ReNew Q2 2025 Earnings Report. All participants are in listen-only mode.

ReNew Energy Global PLC (RNW) came out with quarterly earnings of $0.14 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.11 per share a year ago.

GURUGRAM, India--(BUSINESS WIRE)---- $RNW #Earnings--ReNew announces date and conference call details for second quarter FY25 earnings.

ReNew Energy Global Plc, a UK-based firm, focuses on wind and solar power in India, with ancillary services in engineering, procurement, and construction. Despite strong growth potential from India's renewable energy push, high debt, weather risks, and overvaluation pose significant concerns for ReNew Energy. ReNew's recent performance shows steady financial growth and strategic expansion, but execution risks and market-specific challenges warrant a “Hold” rating.

ReNew Energy Global PLC (RNW) reported break-even quarterly earnings per share versus the Zacks Consensus Estimate of $0.08. This compares to earnings of $0.09 per share a year ago.

ReNew Energy Global (RNW) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

ReNew Energy Global (RNW) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

The average of price targets set by Wall Street analysts indicates a potential upside of 33.7% in ReNew Energy Global (RNW). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.