ReNew Energy Global (NASDAQ:RNW) vs. Bloom Energy (NYSE:BE) Head-To-Head Contrast

ReNew Energy Global (NASDAQ:RNW) and Bloom Energy (NYSE:BE) are both energy companies, but which is the superior business? We will compare the two businesses based on the strength of their dividends, earnings, institutional ownership, risk, valuation, profitability and analyst recommendations.

Analyst Recommendations

This is a summary of current recommendations and price targets for ReNew Energy Global and Bloom Energy, as provided by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
ReNew Energy Global	0	2	1	0	2.33
Bloom Energy	3	11	10	1	2.36

ReNew Energy Global presently has a consensus price target of $7.83, indicating a potential upside of 6.46%. Bloom Energy has a consensus price target of $95.65, indicating a potential downside of 7.25%. Given ReNew Energy Global’s higher probable upside, research analysts plainly believe ReNew Energy Global is more favorable than Bloom Energy.

Risk and Volatility

ReNew Energy Global has a beta of 0.89, meaning that its share price is 11% less volatile than the S&P 500. Comparatively, Bloom Energy has a beta of 3.43, meaning that its share price is 243% more volatile than the S&P 500.

Earnings & Valuation

This table compares ReNew Energy Global and Bloom Energy”s revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
ReNew Energy Global	$122.78 billion	0.02	$45.00 million	$0.31	23.71
Bloom Energy	$1.47 billion	16.55	-$29.23 million	N/A	N/A

ReNew Energy Global has higher revenue and earnings than Bloom Energy.

Insider and Institutional Ownership

43.6% of ReNew Energy Global shares are held by institutional investors. Comparatively, 77.0% of Bloom Energy shares are held by institutional investors. 8.7% of ReNew Energy Global shares are held by insiders. Comparatively, 3.6% of Bloom Energy shares are held by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company will outperform the market over the long term.

Profitability

This table compares ReNew Energy Global and Bloom Energy’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
ReNew Energy Global	5.37%	7.90%	1.08%
Bloom Energy	0.84%	8.74%	2.08%

Summary

Bloom Energy beats ReNew Energy Global on 9 of the 14 factors compared between the two stocks.

About ReNew Energy Global

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. The company provides engineering, procurement, and construction services; operation and maintenance services; consultancy services; and sells renewable energy certificates. ReNew Energy Global Plc was founded in 2011 and is based in London, the United Kingdom.

About Bloom Energy

Bloom Energy Corporation designs, manufactures, sells, and installs solid-oxide fuel cell systems for on-site power generation in the United States and internationally. The company offers Bloom Energy Server, a solid oxide technology that converts fuel, such as natural gas, biogas, hydrogen, or a blend of these fuels into electricity through an electrochemical process without combustion. It sells its products through direct and indirect sales channels to utilities, data centers, agriculture, retail, hospitals, higher education, biotech, and manufacturing industries. The company was formerly known as Ion America Corp. and changed its name to Bloom Energy Corporation in 2006. Bloom Energy Corporation was incorporated in 2001 and is headquartered in San Jose, California.