Sunrun (NASDAQ:RUN – Free Report) had its price target decreased by Susquehanna from $18.00 to $15.00 in a research report report published on Friday,Benzinga reports. Susquehanna currently has a positive rating on the energy company’s stock.
A number of other research firms have also issued reports on RUN. The Goldman Sachs Group reduced their price target on shares of Sunrun from $18.00 to $15.00 and set a “buy” rating for the company in a research report on Thursday. Roth Capital reiterated a “buy” rating on shares of Sunrun in a research note on Thursday, July 9th. Royal Bank Of Canada reduced their target price on shares of Sunrun from $18.00 to $14.00 and set an “outperform” rating for the company in a report on Thursday. Citigroup decreased their target price on shares of Sunrun from $20.00 to $16.00 and set a “buy” rating for the company in a research report on Friday. Finally, Weiss Ratings lowered shares of Sunrun from a “sell (d+)” rating to a “sell (d)” rating in a report on Tuesday, July 28th. Twelve investment analysts have rated the stock with a Buy rating, eight have given a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, Sunrun has a consensus rating of “Hold” and a consensus price target of $17.04.
Get Our Latest Analysis on RUN
Sunrun Stock Up 8.7%
Sunrun (NASDAQ:RUN – Get Free Report) last announced its quarterly earnings data on Wednesday, August 5th. The energy company reported $0.42 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.23 by $0.19. Sunrun had a return on equity of 9.59% and a net margin of 11.59%.The firm had revenue of $869.99 million during the quarter, compared to analysts’ expectations of $746.87 million. During the same period last year, the business posted $1.07 earnings per share. The company’s revenue for the quarter was up 52.8% compared to the same quarter last year. Equities analysts expect that Sunrun will post 0.98 earnings per share for the current year.
Insider Buying and Selling at Sunrun
In related news, CFO Danny Abajian sold 16,495 shares of the company’s stock in a transaction dated Monday, July 6th. The stock was sold at an average price of $13.19, for a total value of $217,569.05. Following the completion of the transaction, the chief financial officer owned 420,318 shares of the company’s stock, valued at approximately $5,543,994.42. This represents a 3.78% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO Mary Powell sold 23,985 shares of the stock in a transaction that occurred on Monday, July 6th. The stock was sold at an average price of $13.19, for a total value of $316,362.15. Following the transaction, the chief executive officer owned 1,111,535 shares in the company, valued at $14,661,146.65. This represents a 2.11% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last 90 days, insiders sold 223,045 shares of company stock worth $2,934,835. 3.55% of the stock is currently owned by company insiders.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently made changes to their positions in RUN. Contour Asset Management LLC acquired a new position in shares of Sunrun during the fourth quarter valued at approximately $98,010,000. Norges Bank purchased a new stake in shares of Sunrun during the fourth quarter worth approximately $62,169,000. Voloridge Investment Management LLC purchased a new stake in shares of Sunrun during the third quarter worth approximately $40,193,000. Bank of New York Mellon Corp acquired a new position in Sunrun in the 2nd quarter valued at $18,120,000. Finally, Arrowstreet Capital Limited Partnership purchased a new position in Sunrun in the 3rd quarter valued at $21,427,000. Hedge funds and other institutional investors own 91.69% of the company’s stock.
Sunrun News Roundup
Here are the key news stories impacting Sunrun this week:
- Positive Sentiment: Solar stocks rallied after the Trump administration extended import restrictions to certain China-made polysilicon products. The move could support domestic solar manufacturing and reduce competitive pressure from Chinese suppliers, although it may also affect equipment costs. Solar stocks shine after Trump extends China tariffs to polysilicon products
- Positive Sentiment: Sunrun’s second-quarter results exceeded expectations: earnings were $0.42 per share versus the $0.08 Zacks consensus estimate, while revenue reached approximately $870 million, above the roughly $747 million estimate and up 52.8% year over year. Sunrun Q2 Earnings and Revenues Beat Estimates
- Positive Sentiment: Management expects to exit 2026 with more than 10% growth and is targeting over 10 gigawatt-hours of capacity by the end of 2028, offering investors a longer-term growth narrative. Sunrun expects to exit 2026 with over 10 percent growth
- Neutral Sentiment: Susquehanna cut its price target from $18 to $15 but maintained a positive rating. The revised target still implies substantial upside from recent trading levels. Susquehanna price target update
- Negative Sentiment: The earnings beat was overshadowed by lower full-year guidance, prompting concerns about demand and near-term execution. Sunrun is also shifting toward direct sales origination as affiliate-installer activity weakens. Sunrun pivots to direct sales origination
- Negative Sentiment: Goldman Sachs lowered its target from $18 to $15, and TD Cowen reduced its target from $21 to $16, though both firms retained buy ratings. The cuts signal more cautious expectations following the guidance reduction. Sunrun shares fall as guidance cut offsets Q2 earnings beat
Sunrun Company Profile
Sunrun, Inc (NASDAQ: RUN) is a leading provider of residential solar energy systems in the United States. The company designs, installs and maintains rooftop solar panels and battery storage solutions for homeowners under flexible financing arrangements. Customers can choose from leasing, power purchase agreements or solar ownership models, all of which are supported by Sunrun’s network of installation partners and service technicians. Sunrun also offers integrated home energy management services, including its Brightbox battery storage product, which enables customers to store solar energy for use during peak hours or power outages.
Founded in 2007 by Lynn Jurich, Ed Fenster and Nat Kreamer, Sunrun is headquartered in San Francisco, California.
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