Sunrun (NASDAQ:RUN) Shares Up 8.1% – Time to Buy?

Sunrun Inc. (NASDAQ:RUN) shares were up 8.1% on Monday. The stock traded as high as $7.94 and last traded at $8.0870. 1,576,168 shares traded hands during mid-day trading, a decline of 83% from the average daily volume of 9,180,251 shares. The stock had previously closed at $7.48.

Key Headlines Impacting Sunrun

Here are the key news stories impacting Sunrun this week:

• Positive Sentiment: Sunrun said participation in its Puerto Rico distributed power plant doubled to more than 60,000 customers, representing nearly 70,000 home batteries. The system can provide 45 megawatts of dispatchable power for up to four hours, demonstrating growing customer adoption and the potential value of its grid-support services. Article: Sunrun Doubles Puerto Rico Distributed Power Plant Participation
• Positive Sentiment: Solar stocks extended a sector-wide rebound, with Sunrun among the names gaining ground. This broader improvement in investor sentiment may support RUN, though it is not a company-specific catalyst. Article: Solar Stocks Extend Rebound
• Neutral Sentiment: Analyst coverage focused on expectations for Sunrun’s September-quarter results and key operating metrics. These are forecasts, not reported results, so investors are awaiting the actual earnings release for evidence on performance and 2026 targets. Article: Sunrun Q3 Performance Estimates
• Negative Sentiment: A separate article notes that Sunrun shares fell 55% while sales rose, highlighting that revenue growth has not prevented a substantial decline in the stock and may reflect continuing investor concerns about the company’s outlook. Article: Sunrun Fell 55% While Sales Rose

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on the stock. Citigroup reduced their target price on shares of Sunrun from $16.00 to $14.00 and set a “buy” rating on the stock in a research report on Friday, October 9th. Susquehanna lowered their price target on shares of Sunrun from $15.00 to $13.00 and set a “positive” rating for the company in a report on Wednesday, October 14th. Jefferies Financial Group restated a “hold” rating and issued a $7.00 price objective on shares of Sunrun in a research report on Friday, October 9th. Wall Street Zen upgraded shares of Sunrun from a “sell” rating to a “hold” rating in a research report on Sunday, October 18th. Finally, Glj Research reaffirmed a “sell” rating and set a $4.63 price objective on shares of Sunrun in a report on Monday, August 17th. Twelve equities research analysts have rated the stock with a Buy rating, seven have given a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, Sunrun presently has an average rating of “Hold” and an average target price of $14.39.

Sunrun Price Performance

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 market capitalization of $2.09 billion, a price-to-earnings ratio of 5.86 and a beta of 2.35. The company has a 50-day moving average price of $8.10 and a 200-day moving average price of $12.38.

Sunrun (NASDAQ:RUN) last announced its quarterly earnings results on Wednesday, August 5th. The energy company reported $0.42 earnings per share for the quarter, beating analysts’ consensus estimates of $0.23 by $0.19. Sunrun had a net margin of 11.59% and a return on equity of 9.59%. The business had revenue of $869.99 million for the quarter, compared to the consensus estimate of $746.87 million. During the same period last year, the company posted $1.07 EPS. Sunrun’s revenue for the quarter was up 52.8% on a year-over-year basis. On average, equities research analysts expect that Sunrun Inc. will post 1.46 EPS for the current fiscal year.

Insider Activity

In other Sunrun news, CFO Danny Abajian sold 16,734 shares of the stock in a transaction 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 sale, the chief financial officer directly owned 386,532 shares in the company, valued at approximately $2,999,488.32. This trade represents a 4.15% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Jeanna Steele sold 10,042 shares of Sunrun stock in a transaction 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 transaction, the insider directly owned 451,673 shares in the company, valued at approximately $3,504,982.48. This represents a 2.17% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold a total of 68,719 shares of company stock worth $533,277 over the last three months. Company insiders own 3.55% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Dimensional Fund Advisors LP boosted 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 worth $88,375,000 after purchasing an additional 165,196 shares during the period. Robeco Schweiz AG increased its holdings in Sunrun by 28.5% during the 3rd quarter. Robeco Schweiz AG now owns 5,478,228 shares of the energy company’s stock worth $42,566,000 after purchasing an additional 1,214,548 shares in the last quarter. Maple Rock Capital Partners Inc. raised its stake in shares of Sunrun by 23.1% in the 2nd quarter. Maple Rock Capital Partners Inc. now owns 3,694,548 shares of the energy company’s stock valued at $49,433,000 after purchasing an additional 692,448 shares during the period. Amundi raised its stake in shares of Sunrun by 3.9% in the 2nd quarter. Amundi now owns 3,428,504 shares of the energy company’s stock valued at $45,845,000 after purchasing an additional 127,878 shares during the period. Finally, Bank of America Corp DE acquired a new stake in shares of Sunrun in the 2nd quarter valued at about $29,953,000. 91.69% of the stock is currently owned by institutional investors.

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.