Sunrun (NASDAQ:RUN – Get Free Report) was downgraded by Wall Street Zen from a “hold” rating to a “sell” rating in a research report issued to clients and investors on Saturday, Wall Street Zen reports.
RUN has been the topic of a number of other research reports. TD Cowen reduced their target price on Sunrun from $21.00 to $16.00 and set a “buy” rating on the stock in a report on Thursday, August 6th. Citigroup decreased their target price on Sunrun from $16.00 to $14.00 and set a “buy” rating for the company in a research report on Friday. Roth Capital reiterated a “buy” rating on shares of Sunrun in a report on Thursday, July 9th. Jefferies Financial Group reissued a “hold” rating and set a $7.00 price target on shares of Sunrun in a research report on Friday. Finally, Weiss Ratings lowered Sunrun from a “sell (d+)” rating to a “sell (d)” rating in a research report on Thursday, September 24th. Twelve 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’s stock. Based on data from MarketBeat.com, Sunrun currently has a consensus rating of “Hold” and a consensus price target of $15.92.
Check Out Our Latest Report on Sunrun
Sunrun Price Performance
Sunrun (NASDAQ:RUN – Get Free Report) last issued its quarterly earnings data 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. The firm had revenue of $869.99 million during the quarter, compared to analyst estimates of $746.87 million. Sunrun had a return on equity of 9.59% and a net margin of 11.59%. Sunrun’s quarterly revenue was up 52.8% on a year-over-year basis. During the same quarter last year, the firm earned $1.07 EPS. As a group, sell-side analysts predict that Sunrun will post 1.14 EPS for the current fiscal year.
Insider Activity
In other news, CRO Paul S. Dickson sold 15,837 shares of the stock in a transaction on 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 transaction, the executive owned 823,702 shares of the company’s stock, valued at approximately $6,391,927.52. This represents a 1.89% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO Mary Powell sold 24,335 shares of the firm’s stock in a transaction that occurred on Tuesday, October 6th. The shares were sold at an average price of $7.76, for a total transaction of $188,839.60. Following the transaction, the chief executive officer owned 1,087,200 shares in the company, valued at $8,436,672. This represents a 2.19% 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. Insiders have sold 118,719 shares of company stock worth $1,031,277 over the last ninety days. 3.55% of the stock is currently owned by company insiders.
Institutional Investors Weigh In On Sunrun
A number of institutional investors have recently added to or reduced their stakes in RUN. Caitong International Asset Management Co. Ltd bought a new position in Sunrun during the 4th quarter valued at $27,000. Allworth Financial LP bought a new stake in Sunrun in the second quarter worth about $25,000. Summit Securities Group LLC acquired a new stake in Sunrun in the 1st quarter valued at about $36,000. Towarzystwo Funduszy Inwestycyjnych PZU SA lifted its stake in Sunrun by 50.0% during the fourth quarter. Towarzystwo Funduszy Inwestycyjnych PZU SA now owns 3,000 shares of the energy company’s stock valued at $55,000 after purchasing an additional 1,000 shares during the last quarter. Finally, Nykredit A S bought a new stake in shares of Sunrun during the 2nd quarter worth $78,000. 91.69% of the stock is currently owned by institutional investors and hedge funds.
Sunrun News Summary
Here are the key news stories impacting Sunrun this week:
- Positive Sentiment: Citigroup lowered its price target for Sunrun from $16 to $14 but maintained a Buy rating, implying substantial upside from recent levels. Citigroup Sunrun Price Target
- Positive Sentiment: Sunrun’s third-quarter 2026 earnings report is scheduled for November 4 after the market close. The release and conference call will give investors a near-term catalyst and updates on demand, liquidity and the company’s outlook. Sunrun Announces Third-Quarter Earnings Date
- Positive Sentiment: An analysis argues that RUN could be undervalued as the earnings date approaches, potentially attracting value-oriented investors. This remains an estimate rather than a confirmed change in fundamentals. Sunrun Could Be Undervalued
- Neutral Sentiment: Reported short interest totaled zero shares as of October 9, producing a 0.0-day short-interest ratio. The figure suggests no measurable short-selling pressure, although the data may reflect a reporting anomaly and should be interpreted cautiously.
- Neutral Sentiment: Unusual options activity pointed to several potentially large trades, but the activity alone does not establish a clear bullish or bearish direction. Sunrun Unusual Options Activity
- Negative Sentiment: Goldman Sachs also cut its price target, from $13 to $11, despite keeping a Buy rating. The reduction signals more cautious expectations even though the target remains above the current trading range. Goldman Sachs Sunrun Price Target
- Negative Sentiment: A Texas customer reportedly received a recall notice for a Powerwall system and was billed $450 by a Sunrun partner for troubleshooting. The account could raise concerns about customer service, partner practices and potential reputational costs. Texas Powerwall Owner and Sunrun Partner Billing
- Negative Sentiment: Chief Accounting Officer Maria Barak sold 1,771 shares at an average price of $7.77. The filing states the sale covered tax withholding tied to vested equity, limiting its bearish significance, but insider selling can still weigh on sentiment.
About Sunrun
Sunrun Inc is a residential solar energy company that designs, installs, owns and maintains solar energy systems for homeowners. The company typically provides electricity through long-term agreements, including solar leases and power purchase agreements, allowing customers to use electricity generated by rooftop solar systems without purchasing the equipment outright.
Sunrun also offers energy storage solutions, including its BrightBox battery system, which can store electricity for use during outages, periods of high demand or when solar generation is unavailable.
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