Roth Capital Cuts Earnings Estimates for ReNew Energy Global

ReNew Energy Global Plc (NASDAQ:RNW) – Equities researchers at Roth Capital lowered their Q1 2026 earnings per share 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 earn $0.17 per share for the quarter, down from their prior estimate 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 (EPS) for the quarter, missing analysts’ consensus estimates of ($0.04) by ($0.07). ReNew Energy Global had a net margin of 2.17% and a return on equity of 1.75%. The firm had revenue of $248.00 million for the quarter, compared to the consensus estimate of $20.22 billion.

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

ReNew Energy Global Stock Performance

Shares of NASDAQ RNW opened at $6.40 on Monday. ReNew Energy Global has a 12-month low of $5.15 and a 12-month high of $7.49. The firm has a market capitalization of $2.32 billion, a price-to-earnings 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. The firm has a 50 day moving average of $6.71 and a 200 day moving average of $6.22.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in RNW. Point72 Asset Management L.P. bought a new position in shares of ReNew Energy Global during the 4th quarter valued at approximately $25,000. BNP Paribas Financial Markets bought a new position in shares of ReNew Energy Global in the fourth quarter worth approximately $25,000. Summit Securities Group LLC purchased a new stake in shares of ReNew Energy Global in the fourth quarter worth $34,000. Point72 Asia Singapore Pte. Ltd. bought a new stake in shares of ReNew Energy Global during the 4th quarter valued at $52,000. Finally, Signaturefd LLC purchased a new position in shares of ReNew Energy Global during the 4th quarter valued at $65,000. 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.