The Goldman Sachs Group Lowers Sunrun (NASDAQ:RUN) Price Target to $15.00

Sunrun (NASDAQ:RUN) had its price objective reduced by stock analysts at The Goldman Sachs Group from $18.00 to $15.00 in a research report issued to clients and investors on Thursday, MarketBeat.com reports. The firm presently has a “buy” rating on the energy company’s stock. The Goldman Sachs Group’s price objective would indicate a potential upside of 47.06% from the company’s current price.

Several other equities research analysts have also recently commented on RUN. Wall Street Zen cut Sunrun from a “hold” rating to a “sell” rating in a research report on Saturday, April 25th. Weiss Ratings downgraded Sunrun from a “sell (d+)” rating to a “sell (d)” rating in a report on Tuesday, July 28th. TD Cowen reduced their target price on shares of Sunrun from $21.00 to $16.00 and set a “buy” rating for the company in a report on Thursday. Citigroup decreased their price target on shares of Sunrun from $26.00 to $20.00 and set a “buy” rating on the stock in a research report on Tuesday, April 21st. Finally, JPMorgan Chase & Co. cut their price objective on shares of Sunrun from $25.00 to $22.00 and set an “overweight” rating for the company in a research report on Thursday, April 16th. 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 stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $17.04.

Sunrun Stock Performance

Shares of RUN stock opened at $10.20 on Thursday. The company has a market capitalization of $2.43 billion, a price-to-earnings ratio of 6.89 and a beta of 2.35. The company has a debt-to-equity ratio of 3.34, a quick ratio of 1.09 and a current ratio of 1.42. Sunrun has a one year low of $8.61 and a one year high of $22.44. The company’s 50-day moving average is $12.27 and its 200 day moving average is $14.12.

Sunrun (NASDAQ:RUN) last issued its earnings results on Wednesday, August 5th. The energy company reported $0.42 earnings per share (EPS) for the quarter, topping the consensus estimate 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 during the quarter, compared to analysts’ expectations of $746.87 million. During the same period in the previous year, the company earned $1.07 earnings per share. The business’s revenue for the quarter was up 52.8% compared to the same quarter last year. Sell-side analysts expect that Sunrun will post 0.98 EPS for the current fiscal year.

Insider Buying and Selling

In other Sunrun news, CEO Mary Powell sold 23,985 shares of the firm’s stock in a transaction dated Monday, July 6th. The stock was sold at an average price of $13.19, for a total value of $316,362.15. Following the completion of the sale, the chief executive officer owned 1,111,535 shares of the company’s stock, valued at approximately $14,661,146.65. This trade represents a 2.11% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CRO Paul S. Dickson sold 15,613 shares of the business’s stock in a transaction that occurred on Monday, July 6th. The stock was sold at an average price of $13.18, for a total transaction of $205,779.34. Following the sale, the executive directly owned 839,539 shares in the company, valued at approximately $11,065,124.02. This represents a 1.83% decrease in their position. 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 223,045 shares of company stock valued at $2,934,835 over the last quarter. Insiders own 3.55% of the company’s stock.

Institutional Investors Weigh In On Sunrun

Large investors have recently made changes to their positions in the stock. Farther Finance Advisors LLC lifted its position in Sunrun by 156.9% during the 4th quarter. Farther Finance Advisors LLC now owns 1,449 shares of the energy company’s stock worth $27,000 after acquiring an additional 885 shares during the period. Caitong International Asset Management Co. Ltd acquired a new stake in shares of Sunrun during the fourth quarter worth about $27,000. Hantz Financial Services Inc. boosted its position in Sunrun by 59.1% in the fourth quarter. Hantz Financial Services Inc. now owns 1,519 shares of the energy company’s stock valued at $28,000 after buying an additional 564 shares during the last quarter. Kestra Advisory Services LLC acquired a new position in Sunrun in the 4th quarter worth approximately $30,000. Finally, Salomon & Ludwin LLC increased its holdings in Sunrun by 49.2% in the 4th quarter. Salomon & Ludwin LLC now owns 1,693 shares of the energy company’s stock worth $31,000 after buying an additional 558 shares during the period. 91.69% of the stock is owned by hedge funds and other institutional investors.

Key Sunrun News

Here are the key news stories impacting Sunrun this week:

• Positive Sentiment: Solar stocks rallied after the Trump administration extended import restrictions to certain China-made polysilicon products. The move could support domestic solar manufacturing and reduce competitive pressure from Chinese suppliers, although it may also affect equipment costs. Solar stocks shine after Trump extends China tariffs to polysilicon products
• Positive Sentiment: Sunrun’s second-quarter results exceeded expectations: earnings were $0.42 per share versus the $0.08 Zacks consensus estimate, while revenue reached approximately $870 million, above the roughly $747 million estimate and up 52.8% year over year. Sunrun Q2 Earnings and Revenues Beat Estimates
• Positive Sentiment: Management expects to exit 2026 with more than 10% growth and is targeting over 10 gigawatt-hours of capacity by the end of 2028, offering investors a longer-term growth narrative. Sunrun expects to exit 2026 with over 10 percent growth
• Neutral Sentiment: Susquehanna cut its price target from $18 to $15 but maintained a positive rating. The revised target still implies substantial upside from recent trading levels. Susquehanna price target update
• Negative Sentiment: The earnings beat was overshadowed by lower full-year guidance, prompting concerns about demand and near-term execution. Sunrun is also shifting toward direct sales origination as affiliate-installer activity weakens. Sunrun pivots to direct sales origination
• Negative Sentiment: Goldman Sachs lowered its target from $18 to $15, and TD Cowen reduced its target from $21 to $16, though both firms retained buy ratings. The cuts signal more cautious expectations following the guidance reduction. Sunrun shares fall as guidance cut offsets Q2 earnings beat

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.