Sunrun (NASDAQ:RUN) Price Target Cut to $15.00 by Analysts at Susquehanna

Key Points

• Susquehanna lowered Sunrun’s price target to $15 from $18 while maintaining a positive rating, implying roughly 60% upside from the company’s $9.38 share price. The broader analyst consensus is “Hold,” with an average target of $17.26.
• Sunrun reported a quarterly earnings beat, posting $0.42 in EPS versus the $0.23 estimate and $870 million in revenue, up 52.8% year over year.
• Despite the strong results, shares fell 10.6% as the company reduced its 2026 cash-generation guidance to $200 million–$375 million and shifted toward direct sales amid weaker affiliate installer channels.

Sunrun (NASDAQ:RUN - Get Free Report) had its price objective lowered by equities researchers at Susquehanna from $18.00 to $15.00 in a research report issued on Friday,Benzinga reports. The firm currently has a "positive" rating on the energy company's stock. Susquehanna's price target would indicate a potential upside of 59.91% from the company's current price.

RUN has been the subject of several other reports. Citigroup restated a "buy" rating on shares of Sunrun in a research report on Friday. JPMorgan Chase & Co. cut their price target on shares of Sunrun from $25.00 to $22.00 and set an "overweight" rating on the stock in a research report on Thursday, April 16th. Weiss Ratings cut shares of Sunrun from a "sell (d+)" rating to a "sell (d)" rating in a report on Tuesday, July 28th. Wall Street Zen downgraded shares of Sunrun from a "hold" rating to a "sell" rating in a research note on Saturday, April 25th. Finally, Glj Research reiterated a "sell" rating and issued a $4.63 target price on shares of Sunrun in a report on Friday, July 10th. 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. Based on data from MarketBeat.com, the stock currently has an average rating of "Hold" and an average price target of $17.26.

Sunrun Trading Down 10.6%

RUN opened at $9.38 on Friday. The firm has a 50 day simple moving average of $12.40 and a 200 day simple moving average of $14.15. Sunrun has a fifty-two week low of $8.61 and a fifty-two week high of $22.44. The company has a market cap of $2.24 billion, a price-to-earnings ratio of 6.34 and a beta of 2.35. The company has a debt-to-equity ratio of 3.44, a current ratio of 1.45 and a quick ratio of 1.09.

Sunrun (NASDAQ:RUN - Get Free Report) last issued its earnings results on Wednesday, August 5th. The energy company reported $0.42 EPS for the quarter, beating the consensus estimate of $0.23 by $0.19. Sunrun had a net margin of 11.59% and a return on equity of 9.74%. The company had revenue of $869.99 million during the quarter, compared to analysts' expectations of $746.87 million. During the same quarter in the previous year, the company posted $1.07 EPS. The business's revenue for the quarter was up 52.8% compared to the same quarter last year. On average, sell-side analysts anticipate that Sunrun will post 1.01 earnings per share for the current year.

Insider Activity

In related news, CAO Maria Barak sold 3,278 shares of the company's stock in a transaction on Thursday, July 9th. The shares were sold at an average price of $12.17, for a total value of $39,893.26. Following the completion of the transaction, the chief accounting officer directly owned 90,033 shares of the company's stock, valued at approximately $1,095,701.61. This represents a 3.51% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CRO Paul S. Dickson sold 15,613 shares of the stock in a transaction dated Monday, July 6th. The stock was sold at an average price of $13.18, for a total value of $205,779.34. Following the transaction, the executive owned 839,539 shares of the company's stock, valued at approximately $11,065,124.02. This trade represents a 1.83% decrease in their position. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last ninety days, insiders sold 223,045 shares of company stock worth $2,934,835. Corporate insiders own 3.55% of the company's stock.

Institutional Trading of Sunrun

A number of institutional investors have recently modified their holdings of RUN. Contour Asset Management LLC bought a new position in shares of Sunrun in the 4th quarter valued at about $98,010,000. Norges Bank bought a new stake in Sunrun during the fourth quarter worth about $62,169,000. Voloridge Investment Management LLC acquired a new position in Sunrun during the third quarter valued at approximately $40,193,000. Bank of New York Mellon Corp bought a new position in Sunrun in the second quarter valued at approximately $18,120,000. Finally, Arrowstreet Capital Limited Partnership acquired a new position in shares of Sunrun during the 3rd quarter worth approximately $21,427,000. 91.69% of the stock is currently owned by institutional investors.

Key Stories Impacting Sunrun

Here are the key news stories impacting Sunrun this week:

• Positive Sentiment: Solar shares gained after the Trump administration extended import restrictions to certain Chinese polysilicon products. The policy could support U.S. solar supply chains and domestic pricing, although Sunrun may also face higher equipment costs as a solar and battery installer. Solar stocks shine after Trump extends China tariffs to polysilicon products
• Positive Sentiment: Sunrun reported strong second-quarter operating metrics, including $870 million in revenue, up 52.8% year over year, adjusted earnings of $0.42 per share versus an estimated $0.23, a record 74% storage attachment rate and $1.2 billion of aggregate subscriber value. Management also expects to exit 2026 with more than 10% growth and is targeting over 10 gigawatt-hours of capacity by the end of 2028. Sunrun Reports Second Quarter 2026 Financial Results
• Neutral Sentiment: Goldman Sachs reduced its price target from $18 to $15, while maintaining a Buy rating, and TD Cowen lowered its target from $21 to $16. The analysts still see substantial upside from the recent quote, but the reductions signal less confidence in near-term execution. Sunrun Shares Fall as Guidance Cut Offsets Q2 Earnings Beat
• Negative Sentiment: Sunrun cut its 2026 cash-generation guidance to $200 million–$375 million, excluding equipment safe-harbor investments. Operating cash flow was negative $186 million in the quarter, while reported cash generation was $23 million, making the outlook reduction more important to investors than the earnings beat. Sunrun pivots to direct sales origination as affiliate installer channels slump
• Negative Sentiment: The company is shifting toward direct sales origination as affiliate installer channels weaken, adding execution risk and raising questions about customer acquisition efficiency. These concerns help explain why shares declined despite the quarterly revenue and EPS beats. Sunrun Stock Plunges After Q2 Report — Details

About Sunrun

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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