NEP
Price
$17.05
Change
+$0.14 (+0.83%)
Updated
Jan 17 closing price
Capitalization
2.77B
5 days until earnings call
RNW
Price
$6.78
Change
+$0.05 (+0.74%)
Updated
Jan 17 closing price
Capitalization
2.19B
32 days until earnings call
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NEP vs RNW

Header iconNEP vs RNW Comparison
Open Charts NEP vs RNWBanner chart's image
NextEra Energy Partners
Price$17.05
Change+$0.14 (+0.83%)
Volume$1.04M
Capitalization2.77B
ReNew Energy Global
Price$6.78
Change+$0.05 (+0.74%)
Volume$789.38K
Capitalization2.19B
NEP vs RNW Comparison Chart
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NEP
Daily Signalchanged days ago
Gain/Loss if bought
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RNW
Daily Signalchanged days ago
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NEP vs. RNW commentary
Jan 19, 2025

To compare these two companies we present long-term analysis, their fundamental ratings and make comparative short-term technical analysis which are presented below. The conclusion is NEP is a Hold and RNW is a Hold.

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COMPARISON
Comparison
Jan 19, 2025
Stock price -- (NEP: $17.05 vs. RNW: $6.78)
Brand notoriety: NEP and RNW are both not notable
Both companies represent the Alternative Power Generation industry
Current volume relative to the 65-day Moving Average: NEP: 66% vs. RNW: 61%
Market capitalization -- NEP: $2.77B vs. RNW: $2.19B
NEP [@Alternative Power Generation] is valued at $2.77B. RNW’s [@Alternative Power Generation] market capitalization is $2.19B. The market cap for tickers in the [@Alternative Power Generation] industry ranges from $118.24B to $0. The average market capitalization across the [@Alternative Power Generation] industry is $6.46B.

Long-Term Analysis

It is best to consider a long-term outlook for a ticker by using Fundamental Analysis (FA) ratings. The rating of 1 to 100, where 1 is best and 100 is worst, is divided into thirds. The first third (a green rating of 1-33) indicates that the ticker is undervalued; the second third (a grey number between 34 and 66) means that the ticker is valued fairly; and the last third (red number of 67 to 100) reflects that the ticker is undervalued. We use an FA Score to show how many ratings show the ticker to be undervalued (green) or overvalued (red).

NEP’s FA Score shows that 1 FA rating(s) are green whileRNW’s FA Score has 1 green FA rating(s).

  • NEP’s FA Score: 1 green, 4 red.
  • RNW’s FA Score: 1 green, 4 red.
According to our system of comparison, RNW is a better buy in the long-term than NEP.

Short-Term Analysis

It is best to consider a short-term outlook for a ticker by using Technical Analysis (TA) indicators. We use Odds of Success as the percentage of outcomes which confirm successful trade signals in the past.

If the Odds of Success (the likelihood of the continuation of a trend) for each indicator are greater than 50%, then the generated signal is confirmed. A green percentage from 90% to 51% indicates that the ticker is in a bullish trend. A red percentage from 90% - 51% indicates that the ticker is in a bearish trend. All grey percentages are below 50% and are considered not to confirm the trend signal.

NEP’s TA Score shows that 4 TA indicator(s) are bullish while RNW’s TA Score has 4 bullish TA indicator(s).

  • NEP’s TA Score: 4 bullish, 4 bearish.
  • RNW’s TA Score: 4 bullish, 2 bearish.
According to our system of comparison, RNW is a better buy in the short-term than NEP.

Price Growth

NEP (@Alternative Power Generation) experienced а -5.59% price change this week, while RNW (@Alternative Power Generation) price change was +0.44% for the same time period.

The average weekly price growth across all stocks in the @Alternative Power Generation industry was +3.79%. For the same industry, the average monthly price growth was +2.15%, and the average quarterly price growth was +3.24%.

Reported Earning Dates

NEP is expected to report earnings on Apr 29, 2025.

RNW is expected to report earnings on Jun 04, 2025.

Industries' Descriptions

@Alternative Power Generation (+3.79% weekly)

The alternative power generation industry consists of companies that operate power facilities converting non-conventional forms of energy into electricity. These energy forms are alternatives to fossil fuels, and many of them are derived from natural resources. Alternative energy forms include solar, wind, hydro, and geothermal steam. A major purpose behind using alternative energy – also called ‘clean’ energy - is to address concerns related to the more conventional fossil fuels, such as the latter’s high carbon dioxide emissions which is often considered a factor in global warming. Alternative power generation has been gaining traction in recent years, and could grow further in the future. Large organizations like Google have invested substantially in wind and solar energy-powered electricity. Some of the prominent U.S. companies operating in the alternative power generation industry includes Ormat Technologies, Inc., TerraForm Power, Inc. and NextEra Energy Partners LP.

SUMMARIES
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FUNDAMENTALS
Fundamentals
NEP($2.77B) has a higher market cap than RNW($2.19B). NEP has higher P/E ratio than RNW: NEP (87.12) vs RNW (61.74). RNW YTD gains are higher at: -0.732 vs. NEP (-4.213). RNW has higher annual earnings (EBITDA): 61.8B vs. NEP (772M). RNW has more cash in the bank: 115B vs. NEP (274M). NEP has less debt than RNW: NEP (6.29B) vs RNW (658B). RNW has higher revenues than NEP: RNW (86.5B) vs NEP (1.08B).
NEPRNWNEP / RNW
Capitalization2.77B2.19B126%
EBITDA772M61.8B1%
Gain YTD-4.213-0.732576%
P/E Ratio87.1261.74141%
Revenue1.08B86.5B1%
Total Cash274M115B0%
Total Debt6.29B658B1%
FUNDAMENTALS RATINGS
NEP: Fundamental Ratings
NEP
OUTLOOK RATING
1..100
13
VALUATION
overvalued / fair valued / undervalued
1..100
2
Undervalued
PROFIT vs RISK RATING
1..100
100
SMR RATING
1..100
81
PRICE GROWTH RATING
1..100
86
P/E GROWTH RATING
1..100
98
SEASONALITY SCORE
1..100
50

Tickeron ratings are formulated such that a rating of 1 designates the most successful stocks in a given industry, while a rating of 100 points to the least successful stocks for that industry.

TECHNICAL ANALYSIS
Technical Analysis
NEPRNW
RSI
ODDS (%)
N/A
N/A
Stochastic
ODDS (%)
Bearish Trend 11 days ago
70%
Bullish Trend 11 days ago
59%
Momentum
ODDS (%)
Bullish Trend 11 days ago
60%
Bullish Trend 11 days ago
63%
MACD
ODDS (%)
N/A
Bearish Trend 11 days ago
90%
TrendWeek
ODDS (%)
Bullish Trend 11 days ago
63%
Bullish Trend 11 days ago
68%
TrendMonth
ODDS (%)
Bullish Trend 11 days ago
60%
Bullish Trend 11 days ago
67%
Advances
ODDS (%)
Bullish Trend 12 days ago
66%
Bullish Trend 20 days ago
70%
Declines
ODDS (%)
Bearish Trend 23 days ago
68%
Bearish Trend 17 days ago
73%
BollingerBands
ODDS (%)
Bearish Trend 11 days ago
63%
N/A
Aroon
ODDS (%)
Bearish Trend 11 days ago
66%
Bullish Trend 11 days ago
60%
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NEP
Daily Signalchanged days ago
Gain/Loss if bought
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RNW
Daily Signalchanged days ago
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RNW and

Correlation & Price change

A.I.dvisor indicates that over the last year, RNW has been loosely correlated with BEPC. These tickers have moved in lockstep 45% of the time. This A.I.-generated data suggests there is some statistical probability that if RNW jumps, then BEPC could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To RNW
1D Price
Change %
RNW100%
+0.74%
BEPC - RNW
45%
Loosely correlated
-2.65%
BEP - RNW
43%
Loosely correlated
-1.29%
ORA - RNW
39%
Loosely correlated
-0.75%
CWEN - RNW
37%
Loosely correlated
-0.42%
NEP - RNW
37%
Loosely correlated
+0.83%
More