Sunrun (NASDAQ:RUN) Stock Gets Price Target Cut from The Goldman Sachs Group

Sunrun (NASDAQ:RUN) had its price objective reduced by The Goldman Sachs Group from $13.00 to $11.00 in a research note published on Thursday morning, MarketBeat reports. They currently have a buy rating on the energy company’s stock.

Other equities research analysts also recently issued research reports about the company. Mizuho set a $18.00 target price on Sunrun in a report on Thursday, August 6th. TD Cowen reduced their price target on shares of Sunrun from $21.00 to $16.00 and set a “buy” rating for the company in a research report on Thursday, August 6th. Weiss Ratings lowered shares of Sunrun from a “sell (d+)” rating to a “sell (d)” rating in a research report on Thursday, September 24th. Wall Street Zen upgraded shares of Sunrun from a “sell” rating to a “hold” rating in a research note on Saturday, August 15th. Finally, Roth Capital reaffirmed a “buy” rating on shares of Sunrun in a report on Thursday, July 9th. Twelve equities research 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. According to MarketBeat, Sunrun presently has a consensus rating of “Hold” and an average target price of $15.92.

Sunrun Price Performance

NASDAQ RUN opened at $7.64 on Thursday. The company has a market cap of $1.84 billion, a price-to-earnings ratio of 5.16 and a beta of 2.44. The company has a debt-to-equity ratio of 3.34, a current ratio of 1.42 and a quick ratio of 1.00. The stock’s fifty day moving average price is $8.85 and its 200 day moving average price is $11.53. Sunrun has a 1 year low of $7.26 and a 1 year high of $22.44.

Sunrun (NASDAQ:RUN) last issued its quarterly earnings results on Wednesday, August 5th. The energy company reported $0.42 EPS for the quarter, topping analysts’ consensus estimates of $0.23 by $0.19. The company had revenue of $869.99 million during the quarter, compared to analysts’ expectations of $746.87 million. Sunrun had a return on equity of 9.59% and a net margin of 11.59%. The firm’s revenue was up 52.8% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.07 EPS. As a group, equities research analysts forecast that Sunrun will post 1.14 earnings per share for the current year.

Insider Transactions at Sunrun

In related news, insider Jeanna Steele sold 10,042 shares of Sunrun stock in a transaction that occurred on Tuesday, October 6th. The stock was sold at an average price of $7.76, for a total transaction of $77,925.92. Following the completion of the transaction, the insider directly owned 451,673 shares in the company, valued at approximately $3,504,982.48. This trade represents a 2.17% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CFO Danny Abajian sold 16,734 shares of the business’s stock in a transaction that occurred on Tuesday, October 6th. The shares were sold at an average price of $7.76, for a total value of $129,855.84. Following the completion of the transaction, the chief financial officer directly owned 386,532 shares of the company’s stock, valued at $2,999,488.32. The trade was a 4.15% decrease in their ownership of the stock. 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 ninety days, insiders have sold 118,719 shares of company stock valued at $1,031,277. 3.55% of the stock is owned by insiders.

Institutional Investors Weigh In On Sunrun

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Amundi increased its holdings in shares of Sunrun by 56.3% during the 1st quarter. Amundi now owns 3,300,626 shares of the energy company’s stock valued at $44,798,000 after purchasing an additional 1,188,564 shares in the last quarter. Bank of New York Mellon Corp purchased a new stake in Sunrun during the second quarter worth $18,120,000. Connor Clark & Lunn Investment Management Ltd. acquired a new stake in Sunrun during the second quarter valued at $4,210,000. EP Wealth Advisors LLC acquired a new stake in Sunrun during the second quarter valued at $1,960,000. Finally, Diversify Advisory Services LLC purchased a new position in Sunrun in the second quarter valued at $8,254,000. Institutional investors and hedge funds own 91.69% of the company’s stock.

Key Stories Impacting Sunrun

Here are the key news stories impacting Sunrun this week:

• Positive Sentiment: Citigroup lowered its price target for Sunrun from $16 to $14 but maintained a Buy rating, implying substantial upside from recent levels. Citigroup Sunrun Price Target
• Positive Sentiment: Sunrun’s third-quarter 2026 earnings report is scheduled for November 4 after the market close. The release and conference call will give investors a near-term catalyst and updates on demand, liquidity and the company’s outlook. Sunrun Announces Third-Quarter Earnings Date
• Positive Sentiment: An analysis argues that RUN could be undervalued as the earnings date approaches, potentially attracting value-oriented investors. This remains an estimate rather than a confirmed change in fundamentals. Sunrun Could Be Undervalued
• Neutral Sentiment: Reported short interest totaled zero shares as of October 9, producing a 0.0-day short-interest ratio. The figure suggests no measurable short-selling pressure, although the data may reflect a reporting anomaly and should be interpreted cautiously.
• Neutral Sentiment: Unusual options activity pointed to several potentially large trades, but the activity alone does not establish a clear bullish or bearish direction. Sunrun Unusual Options Activity
• Negative Sentiment: Goldman Sachs also cut its price target, from $13 to $11, despite keeping a Buy rating. The reduction signals more cautious expectations even though the target remains above the current trading range. Goldman Sachs Sunrun Price Target
• Negative Sentiment: A Texas customer reportedly received a recall notice for a Powerwall system and was billed $450 by a Sunrun partner for troubleshooting. The account could raise concerns about customer service, partner practices and potential reputational costs. Texas Powerwall Owner and Sunrun Partner Billing
• Negative Sentiment: Chief Accounting Officer Maria Barak sold 1,771 shares at an average price of $7.77. The filing states the sale covered tax withholding tied to vested equity, limiting its bearish significance, but insider selling can still weigh on sentiment.

About Sunrun

Sunrun Inc is a residential solar energy company that designs, installs, owns and maintains solar energy systems for homeowners. The company typically provides electricity through long-term agreements, including solar leases and power purchase agreements, allowing customers to use electricity generated by rooftop solar systems without purchasing the equipment outright.

Sunrun also offers energy storage solutions, including its BrightBox battery system, which can store electricity for use during outages, periods of high demand or when solar generation is unavailable.