$6.880
0.000 (0.00%)At close
Price Predictions
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RNW Prediction & Forecast by Similar Chart Analysis
Alphio's RNW stock price prediction model matches the current Renew Energy Global PLC tape against historical breakout patterns, then publishes 1-day and 1-week targets first. The 1-day print is $6.98 (+1.41%). The 1-week path is $6.97 (+1.27%). Longer windows use the same pattern set plus seasonality; the 1-month and multi-year forecasts sit behind unlock because they include precise min / avg / max bands.
Should I Buy Renew Energy Global PLC Stock?
Renew Energy Global PLC (RNW) is currently priced at $6.88, which is close to the proposed takeover offer of $7.02 per share, indicating limited upside potential. The stock has a forward P/E ratio of 29.76, suggesting it may be overvalued relative to its earnings potential. Additionally, the RSI is at 56.48, indicating a neutral momentum. Therefore, while the stock has shown resilience with a year-to-date change of +17.41%, the ongoing hedge fund selling (up 494.17%) and the downgrade from analysts suggest caution. The main risk is the potential failure of the takeover, which could lead to further price declines.
RNW stock price ended at $6.88 on Friday, after rising 0.00%
Renew Energy Global PLC (RNW) last closed at $6.88, gaining +0.00%. These facts feed the 1-day and 1-week RNW price prediction above.
Forecast Drivers
Renew Energy Global PLC (RNW) forecast drivers combine similar chart patterns, seasonality, and moving averages.
Similar patterns
Bullish
Seasonality
Bullish
SMA 20
Bullish
SMA 200
Bullish
Similar Chart Patterns
Stocks whose recent price path most closely matches RNW, ranked by similarity.
Seasonality analysis for RNW
Historically the probability of a positive October return for RNW is 63.49%. September offers the highest probability of a positive month at 67.74%, while February is the weakest seasonal window. Alphio blends this calendar with technical signals and similar chart pattern matching before it writes the forecast.
10-year price projections for RNW
| Month | Min Price | Avg Price | Max Price | Potential ROI |
|---|---|---|---|---|
| Oct 2026 | $7.58 | $8.42 | $10.32 | +22.42% |
| Nov 2026 | $7.95 | $8.63 | $10.68 | +25.46% |
| Dec 2026 | $8.26 | $8.83 | $10.86 | +28.32% |
In 2026, Renew Energy Global PLC (RNW) is projected to range from $7.58 to $10.86.
Renew Energy Global PLC 2026 monthly forecast
In Oct 2026, Renew Energy Global PLC is projected to average $8.42, with a low of $7.58 and high of $10.32.
In Nov 2026, Renew Energy Global PLC is projected to average $8.63, with a low of $7.95 and high of $10.68.
In Dec 2026, Renew Energy Global PLC is projected to average $8.83, with a low of $8.26 and high of $10.86.
This page is for research only and is not investment advice. Models can be wrong. Past performance does not guarantee future results.