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

Key Points

• DA Davidson lowered Boost Run’s price target to $10 but maintained a Buy rating, implying 90.73% upside from the stock’s reported $5.24 price. Analysts’ consensus rating is Moderate Buy, with a $28 average target.
• Shares fell to $5.24 on Friday, near their 12-month low of $5.00, and well below the 50-day moving average of $12.13.
• Boost Run reported quarterly revenue of $39.87 million and a loss of $0.17 per share, matching consensus; the company also reported year-over-year revenue growth of 496% and $2.7 billion in total contract value.

Boost Run (NASDAQ:BRUN - Get Free Report) had its price objective reduced by stock analysts at DA Davidson to $10.00 in a research note issued on Friday, Benzinga reports. The brokerage presently has a "buy" rating on the stock. DA Davidson's price target would indicate a potential upside of 90.73% from the company's current price.

A number of other brokerages have also issued reports on BRUN. BTIG Research cut their target price on Boost Run to $25.00 and set a "buy" rating on the stock in a research report on Thursday. Yorkville Ives started coverage on shares of Boost Run in a research note on Tuesday, October 6th. They issued an "outperform" rating and a $24.00 price target for the company. Zacks Research raised shares of Boost Run to a "hold" rating in a report on Tuesday, September 29th. Northland Securities raised shares of Boost Run to a "strong-buy" rating in a report on Monday, September 28th. Finally, Wall Street Zen downgraded shares of Boost Run from a "hold" rating to a "sell" rating in a research note on Saturday, October 3rd. One analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $28.00.

Boost Run Price Performance

NASDAQ:BRUN traded down $0.68 on Friday, reaching $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 price is $12.13. Boost Run has a 12-month low of $5.00 and a 12-month high of $42.00.

Boost Run (NASDAQ:BRUN - Get Free Report) last announced its earnings results on Thursday, November 12th. The company reported ($0.17) earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of ($0.17). The business had revenue of $39.87 million for the quarter. As a group, equities analysts expect that Boost Run will post -1.11 earnings per share for the current year.

Insider Buying and Selling

In other Boost Run news, Director Sean Goodrich sold 500,000 shares of the business's stock in a transaction on Monday, September 14th. The shares were sold at an average price of $14.00, for a total transaction of $7,000,000.00. Following the completion of the sale, the director owned 4,437,921 shares in the company, valued at $62,130,894. The trade was a 10.13% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of BRUN. State of Alaska Department of Revenue acquired a new stake in Boost Run during the third quarter worth about $45,000. Silicon Valley Capital Partners bought a new position in Boost Run in the second quarter worth about $111,000. WINTON GROUP Ltd acquired a new position in Boost Run in the second quarter valued at approximately $411,000. HighTower Advisors LLC acquired a new position in Boost Run in the third quarter valued at approximately $362,000. Finally, Fund 1 Investments LLC bought a new position in shares of Boost Run during the second quarter valued at approximately $1,005,000.

Key Headlines Impacting Boost Run

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

• Positive Sentiment: Boost Run said third-quarter revenue grew 496% year over year, with total contract value reaching $2.7 billion—signs of strong demand and a growing pipeline. Third-quarter results
• 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

Boost Run Company Profile

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.

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