Sunrun (NASDAQ:RUN) Given New $11.00 Price Target at JPMorgan Chase & Co.

Sunrun (NASDAQ:RUN) had its price objective lowered by stock analysts at JPMorgan Chase & Co. from $12.00 to $11.00 in a note issued to investors on Thursday, Benzinga reports. The firm presently has an “overweight” rating on the energy company’s stock. JPMorgan Chase & Co.‘s price target would suggest a potential upside of 11.45% from the company’s current price.

A number of other equities research analysts also recently commented on RUN. Susquehanna decreased their target price on Sunrun from $15.00 to $13.00 and set a “positive” rating for the company in a report on Wednesday, October 14th. Wells Fargo & Company cut their price target on shares of Sunrun from $22.00 to $17.00 and set an “overweight” rating on the stock in a report on Friday, August 14th. Royal Bank Of Canada reduced their price target on shares of Sunrun from $18.00 to $14.00 and set an “outperform” rating for the company in a research report on Thursday, August 6th. TD Cowen decreased their price objective on shares of Sunrun from $21.00 to $16.00 and set a “buy” rating for the company in a research note on Thursday, August 6th. Finally, Mizuho set a $18.00 price objective on shares of Sunrun in a report on Thursday, August 6th. Twelve investment analysts have rated the stock with a Buy rating, seven have issued a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $14.27.

Sunrun Stock Performance

Shares of NASDAQ RUN traded up $1.08 during mid-day trading on Thursday, hitting $9.87. The stock had a trading volume of 35,930,160 shares, compared to its average volume of 9,495,352. The company has a debt-to-equity ratio of 3.34, a quick ratio of 1.00 and a current ratio of 1.42. The company has a 50 day moving average of $8.09 and a two-hundred day moving average of $12.33. Sunrun has a twelve month low of $6.78 and a twelve month high of $21.95. The firm has a market cap of $2.38 billion, a PE ratio of 6.67 and a beta of 2.35.

Sunrun (NASDAQ:RUN) last issued its earnings results on Wednesday, November 4th. The energy company reported $0.56 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.16 by $0.40. Sunrun had a return on equity of 9.59% and a net margin of 11.59%. The company had revenue of $1.10 billion during the quarter, compared to analyst estimates of $757.53 million. During the same quarter last year, the business posted $0.06 EPS. The firm’s quarterly revenue was up 51.7% on a year-over-year basis. Research analysts predict that Sunrun will post 1.46 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, insider Jeanna Steele sold 10,042 shares of the business’s stock in a transaction dated Tuesday, October 6th. The stock was sold at an average price of $7.76, for a total value of $77,925.92. Following the completion of the transaction, the insider owned 451,673 shares of the company’s stock, valued at $3,504,982.48. The trade was a 2.17% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CRO Paul Dickson sold 15,837 shares of the company’s stock in a transaction dated Tuesday, October 6th. The stock was sold at an average price of $7.76, for a total value of $122,895.12. Following the completion of the sale, the executive owned 823,702 shares in the company, valued at $6,391,927.52. The trade was a 1.89% 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 quarter, insiders have sold 71,975 shares of company stock worth $563,721. 3.55% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of the stock. Dimensional Fund Advisors LP grew its stake in Sunrun by 2.6% in the 1st quarter. Dimensional Fund Advisors LP now owns 6,519,053 shares of the energy company’s stock valued at $88,375,000 after acquiring an additional 165,196 shares during the period. Maple Rock Capital Partners Inc. raised its position in Sunrun by 23.1% during the second quarter. Maple Rock Capital Partners Inc. now owns 3,694,548 shares of the energy company’s stock worth $49,433,000 after acquiring an additional 692,448 shares during the period. Amundi raised its position in Sunrun by 3.9% during the second quarter. Amundi now owns 3,428,504 shares of the energy company’s stock worth $45,845,000 after acquiring an additional 127,878 shares during the period. Robeco Schweiz AG raised its position in Sunrun by 28.5% during the third quarter. Robeco Schweiz AG now owns 5,478,228 shares of the energy company’s stock worth $42,566,000 after acquiring an additional 1,214,548 shares during the period. Finally, Bank of America Corp DE purchased a new position in Sunrun during the second quarter valued at $29,953,000. 91.69% of the stock is owned by institutional investors and hedge funds.

More Sunrun News

Here are the key news stories impacting Sunrun this week:

• Positive Sentiment: Sunrun reported Q3 earnings of $0.56 per share, topping the $0.16 consensus, while revenue rose 51.7% year over year to $1.10 billion, well ahead of forecasts of about $758 million. The results helped drive the stock’s advance. Sunrun Shares Rise After Higher 3Q Profit, Revenue
• Positive Sentiment: Management expects approximately $200 million in cash generation in 2026 and aims to double storage capacity by the end of 2028. Sunrun also reached a 5 GWh storage milestone, supporting its growth strategy beyond solar installations. Sunrun cash generation and storage plans Sunrun reaches 5 GWh storage milestone
• Neutral Sentiment: Citigroup lowered its price target from $14 to $13 but kept a Buy rating, leaving its target above the recent share price. The target cut is a caution, while the maintained rating remains supportive. Citigroup recommendations
• Neutral Sentiment: Chief Accounting Officer Maria Barak sold 3,256 shares under a pre-arranged Rule 10b5-1 plan; she retained 85,006 shares after the sale. Sunrun insider transaction
• Negative Sentiment: Q3 solar installations fell 15% year over year, a headwind that could temper the otherwise strong results and growth outlook. Q3 installations and storage milestone

Sunrun Company Profile

Sunrun Inc is a residential clean-energy company that designs, sells, installs, owns and maintains home solar energy systems. The company provides rooftop solar panels and related equipment through purchase and financing options, as well as subscription-based solar-as-a-service arrangements under which customers pay for the electricity their systems produce.

Sunrun also offers home energy storage through its Brightbox battery product. These systems can store solar-generated electricity for use when solar production is unavailable and may provide backup power during grid outages.