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NASDAQ:RUN

Sunrun (RUN) Stock Price, News & Analysis

$11.76
-1.16 (-8.98%)
(As of 02:45 PM ET)
Today's Range
$11.73
$12.97
50-Day Range
$9.51
$13.18
52-Week Range
$8.43
$23.85
Volume
7.80 million shs
Average Volume
13.49 million shs
Market Capitalization
$2.61 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$21.21

Sunrun MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.65 Rating Score
Upside/​Downside
76.6% Upside
$21.21 Price Target
Short Interest
Bearish
23.96% of Shares Sold Short
Dividend Strength
N/A
Sustainability
0.92
Upright™ Environmental Score
News Sentiment
0.65mentions of Sunrun in the last 14 days
Based on 10 Articles This Week
Insider Trading
Selling Shares
$3.62 M Sold Last Quarter
Proj. Earnings Growth
Growing
From ($1.83) to ($1.08) Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.72 out of 5 stars

Oils/Energy Sector

10th out of 241 stocks

Miscellaneous Electrical Machinery, Equipment, & Supplies Industry

1st out of 26 stocks

RUN stock logo

About Sunrun Stock (NASDAQ:RUN)

Sunrun Inc. is a leading provider of residential solar panels and energy storage solutions in the United States. The company's mission is to create a planet run by the sun, and they are dedicated to making solar energy more accessible and affordable to homeowners. Sunrun's products and services include solar panel installations, energy storage solutions, and maintenance services. The company primarily targets residential homeowners in the United States, focusing on California, New York, and Massachusetts. Key customers include homeowners looking to reduce their carbon footprint and energy bills. Sunrun is headquartered in San Francisco, California and has over 5,000 employees.

Sunrun has achieved several milestones since its inception in 2007. In 2015, the company introduced a solar-as-a-service model, allowing homeowners to install solar panels with no upfront costs. In 2020, Sunrun acquired Vivint Solar, the largest residential solar company in the United States. Sunrun has also been recognized for its environmental and social impact, receiving the "B Corp Best for the World" award in 2018 and 2019.

Sunrun's leadership team is led by Chief Executive Officer Mary Powell, who joined the Board of Directors in 2018. Before joining the team at Sunrun, Mary was the CEO of Green Mountain Power Corporation. Also notable on this team is Danny Abajian, the Chief Financial Officer (CFO), who has been with the Sunrun team as 2010

Sunrun's revenue has been volatile over the past few years. The company's net income and revenue have been increasing yearly. The company's debt levels have risen in recent years due to the Vivint Solar acquisition, but Sunrun's debt levels are manageable based on total assets. 

Sunrun's valuation metrics consist of a price-to-earnings ratio and a price-to-book ratio aligned with industry peers. Sunrun's stock price volatility has increased recently, with a trading range of $16 to $40. Sunrun's trading volume has increased recently, with an average of 10 million shares changing hands daily. 

The residential solar industry has experienced substantial growth in recent years, driven by increasing consumer demand for renewable energy and declining solar technology costs. However, the industry is highly competitive, with several prominent players, including Tesla, SunPower, and Vivint Solar. The industry is also subject to regulatory and political risks, as changes in government policies and incentives can impact demand for solar installations. Sunrun is well-positioned in the industry, with a leading market share and a strong brand reputation.

Sunrun's growth opportunities are immense, especially with the rising demand for clean energy solutions in both the residential and commercial sectors. The company has a strong track record of innovation and has consistently introduced new products. 

The company's acquisition of Vivint Solar in 2020 represents a significant growth opportunity. This acquisition has increased Sunrun's scale and geographic reach, allowing it to expand into new markets and serve more customers. Additionally, the acquisition has helped the company diversify its product offerings and strengthen its competitive position.

Another potential growth area for Sunrun is expanding its offerings into the commercial sector. The company has already established a presence in this market, and the demand for clean energy solutions in the commercial sector is expected to grow in the coming years.

While Sunrun's growth prospects are significant, the company does face several risks and challenges that could impact its performance. One of the company's most significant risks is the potential for regulatory changes that could affect the solar energy industry. The industry heavily depends on government incentives and policies, and any changes to these could significantly impact the demand for Sunrun's products.

The company also faces intense competition from other solar energy providers and traditional utilities. While Sunrun has a strong brand and innovative products, its competitors invest heavily in research and development and are introducing new products.

Another challenge facing the company is the potential for changes in consumer preferences. While there is strong demand for clean energy solutions, consumer preferences could shift, potentially impacting demand for Sunrun's products.

RUN Stock Price History

RUN Stock News Headlines

Traders Buy High Volume of Sunrun Call Options (NASDAQ:RUN)
Sunrun Releases 2023 Impact Report
5 Best Solar Companies to Invest in
Expert Outlook: Sunrun Through The Eyes Of 9 Analysts
Sunrun: Q1 Earnings Snapshot
See More Headlines
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Company Calendar

Last Earnings
5/08/2024
Today
5/23/2024
Next Earnings (Estimated)
8/07/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Miscellaneous electrical machinery, equipment, & supplies
Sub-Industry
N/A
Current Symbol
NASDAQ:RUN
Employees
10,833
Year Founded
2007

Price Target and Rating

Average Stock Price Target
$21.21
High Stock Price Target
$36.00
Low Stock Price Target
$12.00
Potential Upside/Downside
+76.0%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.65
Research Coverage
20 Analysts

Profitability

Net Income
$-1,604,500,000.00
Pretax Margin
-121.49%

Debt

Sales & Book Value

Annual Sales
$2.26 billion
Cash Flow
$6.03 per share
Book Value
$27.53 per share

Miscellaneous

Free Float
213,328,000
Market Cap
$2.67 billion
Optionable
Optionable
Beta
2.50

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RUN Stock Analysis - Frequently Asked Questions

Should I buy or sell Sunrun stock right now?

20 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Sunrun in the last twelve months. There are currently 7 hold ratings and 13 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" RUN shares.
View RUN analyst ratings
or view top-rated stocks.

What is Sunrun's stock price target for 2024?

20 brokerages have issued 1-year price objectives for Sunrun's stock. Their RUN share price targets range from $12.00 to $36.00. On average, they expect the company's stock price to reach $21.21 in the next year. This suggests a possible upside of 76.6% from the stock's current price.
View analysts price targets for RUN
or view top-rated stocks among Wall Street analysts.

How have RUN shares performed in 2024?

Sunrun's stock was trading at $19.63 at the beginning of 2024. Since then, RUN stock has decreased by 38.8% and is now trading at $12.01.
View the best growth stocks for 2024 here
.

When is Sunrun's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 7th 2024.
View our RUN earnings forecast
.

How were Sunrun's earnings last quarter?

Sunrun Inc. (NASDAQ:RUN) announced its quarterly earnings data on Wednesday, May, 8th. The energy company reported ($0.40) EPS for the quarter, beating analysts' consensus estimates of ($0.49) by $0.09. The energy company earned $458.20 million during the quarter, compared to analysts' expectations of $471.38 million. Sunrun had a negative net margin of 68.22% and a negative trailing twelve-month return on equity of 3.58%. The firm's revenue for the quarter was down 22.3% compared to the same quarter last year. During the same quarter last year, the company posted ($1.12) earnings per share.

What is Lynn Jurich's approval rating as Sunrun's CEO?

448 employees have rated Sunrun Chief Executive Officer Lynn Jurich on Glassdoor.com. Lynn Jurich has an approval rating of 83% among the company's employees.

What other stocks do shareholders of Sunrun own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Sunrun investors own include Enphase Energy (ENPH), Tesla (TSLA), NVIDIA (NVDA), Advanced Micro Devices (AMD), Netflix (NFLX), Block (SQ), Walt Disney (DIS), Alibaba Group (BABA), Salesforce (CRM) and Micron Technology (MU).

When did Sunrun IPO?

Sunrun (RUN) raised $251 million in an IPO on Wednesday, August 5th 2015. The company issued 17,900,000 shares at $13.00-$15.00 per share. Credit Suisse, Goldman Sachs and Morgan Stanley served as the underwriters for the IPO and BofA Merrill Lynch, RBC Capital Markets, KeyBanc Capital Markets and SunTrust Robinson Humphrey were co-managers.

Who are Sunrun's major shareholders?

Sunrun's stock is owned by many different institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (10.07%), Robeco Schweiz AG (2.10%), Jane Street Group LLC (0.00%), Maple Rock Capital Partners Inc. (0.84%), Whitebox Advisors LLC (0.00%) and HAP Trading LLC (0.00%). Insiders that own company stock include Alan Ferber, Christopher Dawson, Danny Abajian, Edward Harris Fenster, Jeanna Steele, Leslie A Dach, Leslie A Dach, Lynn Michelle Jurich, Mary Powell, Michelle Philpot, Paul S Dickson and Thomas Arthur Vonreichbauer.
View institutional ownership trends
.

How do I buy shares of Sunrun?

Shares of RUN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Does Sunrun have any subsidiaries?
The following companies are subsidiares of Sunrun: AEE Solar Inc., CLEAN ENERGY EXPERTS LLC, SR Lease Co II LLC, SunRun OBS Owner I LLC, SunRun Pacific Solar LLC, SunRun Solar Owner Holdco VIII LLC, SunRun Solar Owner I LLC, SunRun Solar Owner II LLC, SunRun Solar Owner III LLC, SunRun Solar Owner IV LLC, SunRun Solar Owner V LLC, SunRun Solar Owner VI LLC, SunRun Solar Owner VII LLC, SunRun Solar Owner VIII LLC, SunRun Solar Owner XI LLC, SunRun Solar Owner XII LLC, SunRun Solar Owner XV LLC, SunRun Solar Owner XVII LLC, SunRun Solar Owner XVIII LLC, SunRun Solar SLB I LLC, SunRun Solar Tenant I LLC, SunRun Solar Tenant II LLC, SunRun Solar Tenant III LLC, SunRun Solar Tenant IV LLC, SunRun Solar Tenant VI LLC, SunRun Solar Tenant XI LLC, Sunru RECS LLC, Sunrun Aurora Holdco 2014 LLC, Sunrun Aurora Manager 2014 LLC, Sunrun Aurora Portfolio 2014-A LLC, Sunrun Aurora Portfolio 2014-B LLC, Sunrun Balerion Manager 2015 LLC, Sunrun Balerion Owner 2015 LLC, Sunrun Callisto Issuer 2015-1 LLC, Sunrun Calypso Investor 2015 LLC, Sunrun Calypso Manager 2015 LLC, Sunrun Calypso Owner 2015 LLC, Sunrun EH 2014-A LLC, Sunrun EH 2015-A LLC, Sunrun Environmental Holdings LLC, Sunrun Holdco XIV LLC, Sunrun Installation Services Inc., Sunrun Sancus Manager 2015 LLC, Sunrun Sancus Owner 2015 LLC, Sunrun Solar Electrical Corporation, Sunrun Solar Owner Holdco XI LLC, Sunrun Solar Owner Holdco XII LLC, Sunrun Solar Owner Holdco XIV LLC, Sunrun Solar Owner Holdco XIX LLC, Sunrun Solar Owner Holdco XV LLC, Sunrun Solar Owner Holdco XVI LLC, Sunrun Solar Owner Holdco XVII LLC, Sunrun Solar Owner Holdco XVIII LLC, Sunrun Solar Owner IX LLC, Sunrun Solar Owner XIX LLC, Sunrun Solar Owner XVI LLC, Sunrun Solar Tenant XVI LLC, Sunrun South LLC, Sunrun Ulysses Manager 2015 LLC, Sunrun Ulysses Owner 2015 LLC, and Vivint Solar.
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This page (NASDAQ:RUN) was last updated on 5/23/2024 by MarketBeat.com Staff

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