This article concerns share price targets for the next 10 to 15 years based on technical analysis, fundamental goals, and past performance. The estimated Waaree Renewables share price target 2024 to 2030, and 2035 are shown below.
Overview
Name: Waaree Renewables Technologies Ltd.
Headquarters: Mumbai, India
Founded: Early 2000s
Industry: Renewable Energy, specifically Solar Energy
Parent Group: Waaree Group
Waaree Renewables Technology Ltd. is a part of Waaree Energies Ltd., incorporated as a subsidiary in the year 2000. The company is involved in the development and implementation of solar applications, and worked on more than 10,000 projects with a mission to provide sustainable and innovative energy solutions.
The company’s ground-mounted solar installations are playing a vital role globally, with more than 600 MW of project execution. It also encourages capex solar model installation at the customer’s place where the customer holds the capital expenditure and ownership of the assets. in this model, customers with an adequate business place and investment can own the solar projects for their business usage, and the company take cares about the solar panel installation and maintenance. some of the customers are Aditya Birla Group, Roha Dychem, Maharashtra Seamless Ltd.
The industry also works on Resco Opex, Rooftop Solar, Floating Solar projects and operations & maintenance. Overall, The company emerged as a prominent player in the Indian solar sector, with an aim to provide sustainable and creative energy solutions.
Table of Contents
Waaree Renewables share price target 2024 to 2030 and 2035
Waaree Renewables Share Price Targets are: 2024 – 1290 to 1388, 2025 – 1422 to 1475, 2026 – 1527 to 1636, 2027 – 1720 to 1792, 2028 – 1859 to 1925, 2029 – 2069 to 2125, 2030 – 2298 to 2458 and price forecasted 4578 to 4812 by 2035.
| Year | First target | Second target |
| 2024 | 1590 | 1625 |
| 2025 | 1766 | 1950 |
| 2026 | 1833 | 2101 |
| 2027 | 2158 | 2356 |
| 2028 | 2485 | 2633 |
| 2029 | 2858 | 3050 |
| 2030 | 4669 | 4895 |
| 2035 | 10112 | 11680 |
Waaree Renewables share price target 2024
The BSE (Bombay Stock Exchange) listed Waaree Renewables under the symbol WAAREERTL. The company’s closing share price as of October 01, 2024, was 1767.05. It is not a fixed share price; fluctuation happens every second in the open market.
Waaree Renewables share price target 2024 is 1590 as the first target and 1625 as the second target.
| Month | Minimum price | First target | Second target |
| August | 1306 | 1480 | 1543 |
| October | 1455 | 1510 | 1703 |
| December | 1575 | 1590 | 1625 |
Waaree Renewables share price target 2025
Waaree Renewables’ business developed considerably in the 2010s. It became popular for its solar photovoltaic (PV) modules., which are used in various applications, including household and large-scale solar power plants. The company also developed solar power projects and offered EPC (Engineering, Procurement, and Construction) services..
Waaree Renewables initial forecasted share value for the beginning of 2025 is 1680. The semi-annual price forecast may rise to 1766 in a positive market sentiment. The price at the end of the year is forecast at 1950.
| Month | First target | Second target |
| January | 1680 | 1701 |
| May | 1725 | 1766 |
| September | 1812 | 1836 |
| December | 1944 | 1950 |
Waaree Renewables share price target 2026
Waaree Renewables initial forecasted share value for the beginning of 2026 is 1805. The semi-annual price forecast may rise to 1833 in a positive market sentiment. The price at the end of the year is forecast at 2101.
| Month | First target | Second target |
| January | 1805 | 1822 |
| May | 1833 | 1889 |
| September | 1952 | 1977 |
| December | 2044 | 2101 |
Waaree Renewables share price target 2027
Revenue has grown by 149.62% YoY, and due to exponential growth expenses also rose by 200%. The company made a profit after tax of Rs. 14,804 lakhs in the financial year 2024 compared to 5,542 lakhs in the financial year 2023. Overall, the financials are good. Looking at these highlights, we assume the share price target for Waaree Renewables 2027 is 2120 at the beginning of the year, 2158 at the middle of the year, and 2356 at the end of the year.
| Month | First target | Second target |
| January | 2120 | 2126 |
| May | 2133 | 2158 |
| September | 2203 | 2254 |
| December | 2310 | 2356 |
Waaree Renewables share price target 2028
Waaree Renewables share price target for 2028 is 2396 at the start of the financial year. The price was forecast at 2485 in the middle of the year with some price consolidation for some months, and the projected share price is 2633 at the end of the year.
| Month | First target | Second target |
| January | 2363 | 2396 |
| May | 2485 | 2499 |
| September | 2580 | 2608 |
| December | 2625 | 2633 |
Waaree Renewables share price target 2029
Waaree Renewables price in 2029 is expected to reach 2858 to 3050, with some consolidation zones. The initial forecasted share value for the beginning of the year is 2705. The semi-annual price forecast may rise to 2858 in a positive market sentiment. The price at the end of 2029 is forecast at 2963 to 3050.
| Month | First target | Second target |
| January | 2670 | 2705 |
| May | 2765 | 2810 |
| September | 2858 | 2915 |
| December | 2963 | 3050 |
Also read Premier Energies share price target
Waaree Renewables share price target 2030
The initial price target of Waaree Renewables is 3250 at the beginning of the year 2030. The half-yearly price forecast can rise to 4669 in a positive market situation. The price at the end of the year is forecast to 4895.
| Month | First target | Second target |
| January | 3152 | 3250 |
| May | 3913 | 4296 |
| September | 4588 | 4669 |
| December | 4711 | 4895 |
Also read Jio Financial Services share price target
Waaree Renewables share price target 2035
Depending on company economics and sector demand and supply with a favorable trend pattern, we may assume the target price of Waaree Renewables share price target of 2035 to be 10112 at the beginning of the year, 11254 at the middle of the year, and 11680 at the end of the financial year.
What is Waaree Renewables?
Waaree Renewables is a part of Waaree Technology Ltd., is into developing renewable energy technology, especially manufacturing solar modules, and installing & maintaining solar projects etc.
What is Waaree Renewables share price target for 2024?
Waaree Renewables share price target for 2024 is 1590 as the first target and 1625 as the second target.
What is Waaree Renewables share price target for 2025?
Waaree Renewables share price target for 2025 is 1766 as the first target and 1950 as the second target.
Conclusion
This article presents Waaree Renewables share price targets 2024 to 2030 and 2035. Targets are mentioned based on technical and fundamental analysis. stock may be corrected by any news or by companies’ poor or good results. Consider it a proposed level of guidance and not a recommendation. The stock market has high risk and unpredictable moves; invest with your risk appetite and a well-researched advisory.