ReNew Energy Global (RNW) Projected to Announce Quarterly Earnings on Wednesday

ReNew Energy Global (NASDAQ:RNWGet Free Report) is projected to announce its Q1 2027 results before the market opens on Wednesday, August 12th. Analysts expect ReNew Energy Global to announce earnings of $0.1223 per share and revenue of $459.86 million for the quarter. Parties may review the information on the company’s upcoming Q1 2027 earning report for the latest details on the call scheduled for Thursday, August 13, 2026 at 8:30 AM ET.

ReNew Energy Global (NASDAQ:RNWGet Free Report) last posted its earnings results on Thursday, June 25th. The company reported $0.10 earnings per share for the quarter. ReNew Energy Global had a net margin of 7.18% and a return on equity of 7.57%. The firm had revenue of $340.00 million for the quarter, compared to the consensus estimate of $291.80 million. On average, analysts expect ReNew Energy Global to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.

ReNew Energy Global Trading Down 1.7%

Shares of RNW stock opened at $6.18 on Wednesday. ReNew Energy Global has a 1 year low of $4.39 and a 1 year high of $8.24. The company has a debt-to-equity ratio of 3.66, a current ratio of 0.43 and a quick ratio of 0.38. The stock’s 50 day simple moving average is $6.22 and its two-hundred day simple moving average is $5.60. The company has a market cap of $2.24 billion, a PE ratio of 19.94 and a beta of 1.12.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the company. Cerity Partners LLC raised its position in ReNew Energy Global by 9.3% during the 2nd quarter. Cerity Partners LLC now owns 26,085 shares of the company’s stock valued at $180,000 after purchasing an additional 2,225 shares in the last quarter. Cresset Asset Management LLC bought a new position in shares of ReNew Energy Global during the 3rd quarter worth $152,000. Parallel Advisors LLC grew its position in shares of ReNew Energy Global by 61.3% during the 3rd quarter. Parallel Advisors LLC now owns 17,806 shares of the company’s stock worth $137,000 after buying an additional 6,765 shares in the last quarter. Jump Financial LLC purchased a new position in shares of ReNew Energy Global during the fourth quarter valued at $134,000. Finally, State of Wyoming increased its stake in shares of ReNew Energy Global by 111.4% during the second quarter. State of Wyoming now owns 18,903 shares of the company’s stock valued at $131,000 after buying an additional 9,962 shares during the period. 43.56% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on RNW. Zacks Research downgraded ReNew Energy Global from a “strong-buy” rating to a “hold” rating in a research report on Friday, July 17th. Mizuho reduced their target price on shares of ReNew Energy Global from $7.00 to $6.75 and set a “neutral” rating on the stock in a research note on Monday, June 1st. Finally, Weiss Ratings upgraded ReNew Energy Global from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Wednesday, June 24th. Three investment analysts have rated the stock with a Hold rating, According to MarketBeat, ReNew Energy Global presently has an average rating of “Hold” and a consensus target price of $6.39.

Read Our Latest Analysis on RNW

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.

See Also

Earnings History for ReNew Energy Global (NASDAQ:RNW)

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