Roth Capital Expects Weaker Earnings for ReNew Energy Global

ReNew Energy Global Plc (NASDAQ:RNW) – Stock analysts at Roth Capital reduced their Q1 2026 earnings estimates for ReNew Energy Global in a research report issued on Thursday, February 20th. Roth Capital analyst J. Clare now forecasts that the company will post earnings per share of $0.17 for the quarter, down from their previous forecast of $0.20. The consensus estimate for ReNew Energy Global’s current full-year earnings is $0.15 per share. Roth Capital also issued estimates for ReNew Energy Global’s Q2 2026 earnings at $0.19 EPS and Q4 2026 earnings at $0.03 EPS.

ReNew Energy Global (NASDAQ:RNW) last released its quarterly earnings results on Tuesday, February 18th. The company reported ($0.11) earnings per share for the quarter, missing the consensus estimate of ($0.04) by ($0.07). The firm had revenue of $248.00 million for the quarter, compared to the consensus estimate of $20.22 billion. ReNew Energy Global had a net margin of 2.17% and a return on equity of 1.75%.

Separately, Roth Mkm lowered their price target on shares of ReNew Energy Global from $8.00 to $7.50 and set a “buy” rating for the company in a research report on Friday, February 21st.

ReNew Energy Global Stock Performance

Shares of RNW stock opened at $6.40 on Monday. The company’s fifty day moving average price is $6.71 and its 200-day moving average price is $6.22. The stock has a market cap of $2.32 billion, a PE ratio of 128.00 and a beta of 0.89. The company has a current ratio of 0.60, a quick ratio of 0.64 and a debt-to-equity ratio of 4.74. ReNew Energy Global has a 12 month low of $5.15 and a 12 month high of $7.49.

Institutional Investors Weigh In On ReNew Energy Global

Institutional investors have recently modified their holdings of the stock. Point72 Asset Management L.P. purchased a new stake in ReNew Energy Global during the 4th quarter valued at about $25,000. BNP Paribas Financial Markets purchased a new stake in shares of ReNew Energy Global during the fourth quarter valued at approximately $25,000. Summit Securities Group LLC purchased a new stake in shares of ReNew Energy Global during the fourth quarter valued at approximately $34,000. Point72 Asia Singapore Pte. Ltd. bought a new stake in shares of ReNew Energy Global during the fourth quarter valued at approximately $52,000. Finally, Signaturefd LLC purchased a new position in ReNew Energy Global in the 4th quarter worth approximately $65,000. 43.56% of the stock is owned by hedge funds and other institutional investors.

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.