SharePoint Online: Rename Folder using PowerShell

Requirement: Rename a Folder in SharePoint Online.

How to Rename a Folder in SharePoint Online?
To rename a folder in SharePoint Online document library,

• Open the document library in browser, Right-click on the folder you want to rename, and then click "Rename".
  
• In the Rename pop-up window, type the new name for the folder and then click on the "Save" button.
  
  

Please note, Renaming of the SharePoint online folder will have an impact on the URL of the folder! You also get the "Rename" option from the toolbar! Now, let's see the SharePoint Online PowerShell to rename a folder.

You can also rename a folder by using the Explorer View!

PowerShell to Rename Folder in SharePoint Online
Here is the SharePoint Online PowerShell to rename a folder

#Load SharePoint CSOM Assemblies
Add-Type -Path "C:\Program Files\Common Files\Microsoft Shared\Web Server Extensions\16\ISAPI\Microsoft.SharePoint.Client.dll"
Add-Type -Path "C:\Program Files\Common Files\Microsoft Shared\Web Server Extensions\16\ISAPI\Microsoft.SharePoint.Client.Runtime.dll"
 
#Variables
$SiteURL="https://crescent.sharepoint.com/sites/marketing"
$FolderURL="/sites/marketing/Project Documents/Active" #Server Relative URLs
$FolderNewURL="/sites/marketing/Project Documents/InActive"

Try {
    $Cred= Get-Credential
    $Credentials = New-Object Microsoft.SharePoint.Client.SharePointOnlineCredentials($Cred.Username, $Cred.Password)

    #Setup the context
    $Ctx = New-Object Microsoft.SharePoint.Client.ClientContext($SiteURL)
    $Ctx.Credentials = $Credentials

    #Get the Folder
    $Folder = $Ctx.Web.GetFolderByServerRelativeUrl($FolderURL)
    $Ctx.Load($Folder)
    $Ctx.ExecuteQuery()
    
    #Rename Folder
    $Folder.MoveTo($FolderNewURL)
    $Ctx.ExecuteQuery()

    Write-host -f Green "Folder has been renamed to new URL:"$FolderNewURL
}
Catch {
    write-host -f Red "Error Renaming Folder!" $_.Exception.Message
}

SharePoint Online: PnP PowerShell to Rename Folder
With PnP PowerShell script, let's contract the above script.

#Config Variables
$SiteURL = "https://crescenttech.sharepoint.com/sites/marketing"
$FolderURL= "Shared Documents/Reports" #Site Relative URL
$FolderNewName ="Reports Archive"

#Connect to PnP Online
Connect-PnPOnline -Url $SiteURL -Credentials (Get-Credential)

#Rename the Folder
Rename-PnPFolder -Folder $FolderURL -TargetFolderName $FolderNewName