Boost Run (NASDAQ:BRUN) Stock Price Target Cut by DA Davidson

Boost Run (NASDAQ:BRUN) had its price objective dropped by research analysts at DA Davidson to $10.00 in a research note issued on Friday, Benzinga reports. The firm presently has a “buy” rating on the stock. DA Davidson‘s target price indicates a potential upside of 90.73% from the company’s current price.

A number of other brokerages have also issued reports on BRUN. Wall Street Zen lowered Boost Run from a “hold” rating to a “sell” rating in a report on Saturday, October 3rd. Zacks Research raised Boost Run to a “hold” rating in a research note on Tuesday, September 29th. Weiss Ratings reiterated a “sell (d)” rating on shares of Boost Run in a research report on Friday, September 18th. BTIG Research decreased their price target on Boost Run to $25.00 and set a “buy” rating for the company in a research note on Thursday. Finally, Yorkville Ives started coverage on Boost Run in a report on Tuesday, October 6th. They set an “outperform” rating and a $24.00 price target on the stock. One research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, one has given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $28.00.

Boost Run Stock Down 11.4%

NASDAQ:BRUN traded down $0.68 during mid-day trading on Friday, hitting $5.24. The stock had a trading volume of 4,308,244 shares, compared to its average volume of 2,513,325. The stock’s 50 day moving average is $12.13. Boost Run has a 52 week low of $5.00 and a 52 week high of $42.00.

Boost Run (NASDAQ:BRUN) last announced its quarterly earnings results on Thursday, November 12th. The company reported ($0.17) EPS for the quarter, meeting the consensus estimate of ($0.17). The firm had revenue of $39.87 million during the quarter. As a group, equities analysts anticipate that Boost Run will post -1.11 EPS for the current year.

Insider Buying and Selling at Boost Run

In related news, Director Sean Goodrich sold 500,000 shares of the firm’s stock in a transaction dated Monday, September 14th. The stock was sold at an average price of $14.00, for a total transaction of $7,000,000.00. Following the completion of the transaction, the director owned 4,437,921 shares of the company’s stock, valued at $62,130,894. This trade represents a 10.13% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website.

Institutional Investors Weigh In On Boost Run

A number of institutional investors and hedge funds have recently bought and sold shares of BRUN. State of Alaska Department of Revenue bought a new position in shares of Boost Run during the 3rd quarter valued at about $45,000. Silicon Valley Capital Partners bought a new stake in shares of Boost Run in the 2nd quarter worth approximately $111,000. HighTower Advisors LLC acquired a new stake in Boost Run during the third quarter valued at approximately $362,000. WINTON GROUP Ltd acquired a new stake in Boost Run during the second quarter valued at approximately $411,000. Finally, Ieq Capital LLC acquired a new stake in Boost Run during the third quarter valued at approximately $578,000.

Key Stories Impacting Boost Run

These are some of the BRUN stories that stood out recently:

• Positive Sentiment: Management expects deployed colocation power capacity to reach about 40 megawatts by year-end 2026 and is targeting roughly $435 million in exit annual recurring revenue, subject to project shifts. These targets offer potential growth catalysts, though delivery remains important. Capacity and ARR targets
• Neutral Sentiment: For the quarter, revenue was $39.87 million and adjusted earnings were a loss of $0.17 per share, matching analysts’ consensus estimate. The loss met expectations, but the company has yet to report quarterly profitability. Quarterly earnings results
• Negative Sentiment: BTIG Research lowered its price target to $25 while maintaining a Buy rating. The reduction may signal more caution, although the new target remains well above the stock’s recently reported price. BTIG price target update

About Boost Run

Boost Run, Inc. develops and provides cloud infrastructure for artificial intelligence (AI) and computing workloads. The company’s platform delivers GPU computes, CPU nodes, managed Kubernetes orchestration, shared network storage, networking fabric, and hyperscaler interconnects. The company was founded in 2023 and is based in Northbrook, Illinois.