RNW trades 1.3% below Wall Street's consensus target of $7.02.
Last 12 months price action with 12-month analyst target path
The base valuation assumes RNW achieves its forward estimates and maintains a stable P/E multiple of 0.5x. This scenario reflects the blended consensus of 6 Wall Street analysts, balancing both positive catalysts and macroeconomic headwinds over the next 12 months.
As of November 9, 2026, ReNew Energy Global Plc (RNW) has a Wall Street consensus price target of $7.02, based on estimates from 6 covering analysts. With the stock currently trading at $6.93, this represents a potential upside of +1.3%. The company has a market capitalization of $2.52B.
Analyst price targets range from a low of $7.02 to a high of $7.02, representing a 0% spread in expectations. The median target of $7.02 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 19.0x and forward P/E of 0.5x. Analysts expect EPS to grow -55.5% over the next year.
Our proprietary valuation model, which blends historical multiples with forward estimates, suggests a base-case price target of $932.29, with bear and bull scenarios of $587.34 and $1228.38 respectively. Model confidence stands at 42/100, suggesting limited visibility into future performance.
| Company | Market Cap | Price | Target | Upside Potential | Rating | Fwd P/E | Analysts |
|---|---|---|---|---|---|---|---|
 CWENClearway Energy, Inc. | $7.0B | $34.10 | $42.71 | +25.2% | Buy | — | 17 |
 BEPBrookfield Renewable Partners L.P. | $9.5B | $31.14 | $37.60 | +20.7% | Buy | — | 20 |
 ARRYArray Technologies, Inc. | $901M | $5.86 | $6.46 | +10.3% | Buy | 7.9x | 28 |
 RUNSunrun Inc. | $2.4B | $9.98 | $14.45 | +44.8% | Buy | 6.4x | 37 |
 SPWRSunPower Inc. | $233M | $0.27 | $15.81 | +5657.5% | Hold | — | 45 |
 FSLRFirst Solar, Inc. | $21.6B | $201.14 | $265.06 | +31.8% | Buy | 11.4x | 75 |
 ENPHEnphase Energy, Inc. | $3.8B | $28.47 | $35.65 | +25.2% | Hold | 16.8x | 56 |
 GEGE Aerospace | $335.4B | $323.24 | $385.00 | +19.1% | Buy | 39.6x | 36 |
 SEDGSolarEdge Technologies, Inc. | $1.7B | $27.51 | $35.89 | +30.5% | Hold | — | 48 |
 AMSCAmerican Superconductor Corporation | $1.1B | $23.39 | $52.00 | +122.3% | Buy | 26.6x | 15 |
Quick answers to the most common questions about buying RNW stock.
The consensus price target for RNW is $7.02, close to the current price of $6.93 (1.3% implied move). Based on 6 analyst estimates, the stock appears fairly valued near current levels.
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 $7.02 implies 1.3% upside from current levels.
With a forward P/E of 0.5103x, RNW trades at a relatively low valuation. The consensus target of $7.02 implies 1.3% appreciation, suggesting the market may be pricing in risks.
The most bullish Wall Street analyst has a price target of $7.02 for RNW, while the most conservative target is $7.02. The consensus of $7.02 represents the median expectation. Our quantitative valuation model projects a bull case target of $1228 based on optimistic growth and margin assumptions. These targets typically reflect 12-month expectations.
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.
The 12-month RNW stock forecast based on 6 Wall Street analysts shows a consensus price target of $7.02, with estimates ranging from $7.02 (bear case) to $7.02 (bull case). The median consensus rating is "Buy". Our proprietary valuation model produces a base case fair value of $932, with bear/bull scenarios of $587/$1228.
Our quantitative valuation model calculates RNW's fair value at $932 (base case), with a bear case of $587 and bull case of $1228. 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.
RNW trades at a forward P/E ratio of 0.5x based on next-twelve-months earnings estimates compared to a trailing P/E of 19.0x. 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.
RNW appears fairly valued according to analysts, with a "Buy" rating and minimal upside to the $7.02 target. Consider your investment thesis and risk tolerance. 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.
RNW analyst price targets range from $7.02 to $7.02, a 0% tight range reflecting strong analyst consensus. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $7.02 consensus represents the middle ground. Our model's $587-$1228 range provides an independent fundamental perspective.
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