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ReNew Energy Global Plc (RNW) Price Target Analysis

Wall Street analyst price targets, ratings consensus & upside potential · Updated Feb 28, 2026

Current Price
$5.52
Market reference
Price Target
$6.52
+18.1% Upside
Target Range
$6.03 — $7.00
High conviction
Analyst Rating
Buy
6 analysts
Forward P/E0.4x
Trailing P/E46.0x
Forward PEG—
Implied Growth-53.7%
Median Target$6.51
Analyst Spread14.9%

Analysts see +18.1% upside to their consensus target of $6.52. The bullish rating consensus aligns with positive price target gap.

Price Forecast (1 Year)

Last 12 months price action with 12-month analyst target path

Current$5.52
Consensus$6.52
High$7.00
Low$6.03
Model$1862.98
Bear Case
$6
+9.2%
Consensus
$7
+18.1%
Bull Case
$7
+26.8%
Valuation Model TargetsConfidence: 42/100
Bear$-1282
Base$1863
Bull$-3427

Analyst Ratings Distribution

Breakdown of 6 published analyst recommendations for RNW

4/6 analysts are bullish
+33
BearishBullish
Weighted analyst sentiment score based on 6 ratings
ConsensusBuy
Coverage6 Analysts
Net Score+33
Bull / Bear67% / 0%
Strong Buy00%
Buy467%
Hold233%
Sell00%
Strong Sell00%
Strong Buy
00%
Buy
467%
Hold
233%
Sell
00%
Strong Sell
00%
Recommendation Mix67% Buy · 33% Hold · 0% Sell
Buy (4)Hold (2)Sell (0)

RNW Price Target Analysis

Updated March 2, 2026

As of March 2, 2026, ReNew Energy Global Plc (RNW) has a Wall Street consensus price target of $6.52, based on estimates from 6 covering analysts. With the stock currently trading at $5.52, this represents a potential upside of +18.1%. The company has a market capitalization of $1.36B.

Analyst price targets range from a low of $6.03 to a high of $7.00, representing a 15% spread in expectations. The median target of $6.51 aligns closely with the consensus average. The tight target dispersion indicates high conviction among analysts.

The current analyst consensus rating is Buy, with 4 analysts rating the stock as a Buy or Strong Buy,2 rating it Hold, and 0 rating it Sell or Strong Sell. The positive sentiment balance indicates moderate optimism about the stock prospects.

From a valuation perspective, RNW trades at a trailing P/E of 46.0x and forward P/E of 0.4x. Analysts expect EPS to grow -53.7% over the next year.

Our proprietary valuation model, which blends historical multiples with forward estimates, suggests a base-case price target of $1862.98, with bear and bull scenarios of $-1281.86 and $-3426.50 respectively. Model confidence stands at 42/100, suggesting limited visibility into future performance.

Investment Context: Price targets represent analyst expectations for the next 12 months and should be considered alongside your own research. Targets are based on analysts' assumptions about earnings growth, margins, and market conditions which may change. For sector-specific context, view other Utilities stocks.

Analyst Sentiment Comparison

Industry Peer Analysis
Avg Peer Upside+9.7%
Avg Forward P/E66.9x
Peers with Coverage3 / 5
CompanyMarket CapPriceTargetUpsideRatingFwd P/EAnalysts
RNWReNew Energy Global Plc
$1.4B$5.52$6.52+18.1%Buy0.4x6
ENLTEnlight Renewable Energy Ltd$8.9B$67.24$55.75-17.1%Buy156.4x7
ORAOrmat Technologies, Inc.$6.3B$103.70$132.71+28.0%Hold43.9x17
SUUNPowerBank Corporation$34M$0.78—————
WAVEEco Wave Power Global AB (publ)$29M$4.99—————

Upside Potential Comparison

ORA
+28.0%
RNW
+18.1%
ENLT
-17.1%

See RNW's True Return

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Is RNW Undervalued?

See our Bear / Base / Bull DCF models and intrinsic value estimates.

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Compare RNW vs GEV

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Frequently Asked Questions

What is the RNW stock price target for 2026?

ReNew Energy Global Plc (RNW) has a consensus 12-month price target of $6.52, implying 18.1% upside from $5.52. The 6 analysts covering RNW see moderate appreciation potential.

Is RNW a buy, sell, or hold?

RNW has a consensus rating of "Buy" based on 6 Wall Street analysts. The rating breakdown is predominantly bullish, with 4 Buy/Strong Buy ratings. The consensus 12-month price target of $6.52 implies 18.1% upside from current levels.

Is RNW stock overvalued or undervalued?

With a forward P/E of 0.3631x, RNW trades at a relatively low valuation. The consensus target of $6.52 implies 18.1% appreciation, suggesting meaningful undervaluation.

How high can RNW stock go?

The most bullish Wall Street analyst has a price target of $7 for RNW, while the most conservative target is $6.03. The consensus of $6.52 represents the median expectation. Our quantitative valuation model projects a bull case target of $-3427 based on optimistic growth and margin assumptions. These targets typically reflect 12-month expectations.

How many analysts cover RNW stock?

RNW is moderately covered, with 6 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 4 have Buy ratings, 2 recommend Hold, and 0 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.

What is the RNW stock forecast?

The 12-month RNW stock forecast based on 6 Wall Street analysts shows a consensus price target of $6.52, with estimates ranging from $6.03 (bear case) to $7 (bull case). The median consensus rating is "Buy". Our proprietary valuation model produces a base case fair value of $1863, with bear/bull scenarios of $-1282/$-3427.

What is RNW's fair value based on fundamentals?

Our quantitative valuation model calculates RNW's fair value at $1863 (base case), with a bear case of $-1282 and bull case of $-3427. The model uses discounted cash flow analysis, historical growth rates, and margin mean-reversion to project FY+2 earnings, then applies an appropriate P/E multiple. The model confidence score is 42/100.

What is RNW's forward P/E ratio?

RNW trades at a forward P/E ratio of 0.4x based on next-twelve-months earnings estimates compared to a trailing P/E of 46.0x. The lower forward P/E indicates analysts expect earnings growth. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.

Should I buy RNW stock?

Wall Street analysts are optimistic on RNW, with a "Buy" consensus rating and $6.52 price target (18.1% upside). 4 of 6 analysts rate it Buy or Strong Buy. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.

Why do RNW price targets vary so much?

RNW analyst price targets range from $6.03 to $7, a 15% tight range reflecting strong analyst consensus. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $6.52 consensus represents the middle ground. Our model's $-1282-$-3427 range provides an independent fundamental perspective.

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