ReNew Energy Global (NASDAQ:RNW) Releases Earnings Results

Posted by George Bondi on Jun 27th, 2026

ReNew Energy Global (NASDAQ:RNW – Get Free Report) released its quarterly earnings results on Thursday. The company reported $0.10 EPS for the quarter, Zacks reports. ReNew Energy Global had a return on equity of 7.57% and a net margin of 7.18%.The business had revenue of $340.00 million during the quarter, compared to analysts’ expectations of $291.80 million.

ReNew Energy Global Stock Performance

Shares of RNW opened at $6.19 on Friday. The company has a quick ratio of 0.37, a current ratio of 0.42 and a debt-to-equity ratio of 3.60. ReNew Energy Global has a 52-week low of $4.39 and a 52-week high of $8.24. The company has a 50-day simple moving average of $5.80 and a 200-day simple moving average of $5.54. The company has a market capitalization of $2.25 billion, a PE ratio of 19.97 and a beta of 1.12.

Wall Street Analyst Weigh In

Several brokerages have issued reports on RNW. Zacks Research raised shares of ReNew Energy Global from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, May 19th. Weiss Ratings upgraded shares of ReNew Energy Global from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Wednesday. Finally, Mizuho reduced their price objective on shares of ReNew Energy Global from $7.00 to $6.75 and set a “neutral” rating for the company in a research report on Monday, June 1st. One equities research analyst has rated the stock with a Strong Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $6.39.

Check Out Our Latest Report on RNW

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the stock. Quantbot Technologies LP purchased a new stake in shares of ReNew Energy Global during the 2nd quarter worth approximately $29,000. Quarry LP purchased a new stake in ReNew Energy Global during the third quarter worth $33,000. Evergreen Capital Management LLC acquired a new stake in ReNew Energy Global in the second quarter valued at $74,000. Arrowstreet Capital Limited Partnership acquired a new stake in ReNew Energy Global in the third quarter valued at $101,000. Finally, Tidal Investments LLC increased its position in shares of ReNew Energy Global by 15.4% in the second quarter. Tidal Investments LLC now owns 13,153 shares of the company’s stock valued at $91,000 after buying an additional 1,752 shares in the last quarter. 43.56% of the stock is owned by hedge funds and other institutional investors.

About ReNew Energy Global

(Get Free Report)

ReNew Energy Global PLC is an independent power producer specializing in the development, construction, ownership and operation of utility-scale renewable energy projects. Headquartered in Gurugram, India, the company focuses on onshore wind farms, solar photovoltaic plants and hybrid energy systems, often paired with battery energy storage to enhance grid stability and dispatch flexibility. ReNew Energy Global markets electricity under long-term power purchase agreements, serving utilities, distribution companies and corporate offtakers.

The company’s core business activities encompass site identification, project design, procurement, construction management and ongoing asset management.