The Goldman Sachs Group Has Lowered Expectations for Sunrun (NASDAQ:RUN) Stock Price

Sunrun (NASDAQ:RUN) had its price target cut by research analysts at The Goldman Sachs Group from $13.00 to $11.00 in a research note issued on Thursday, Benzinga reports. The brokerage presently has a “buy” rating on the energy company’s stock. The Goldman Sachs Group’s price objective indicates a potential upside of 44.55% from the stock’s previous close.

RUN has been the subject of several other reports. Oppenheimer restated an “outperform” rating and set a $20.00 price target on shares of Sunrun in a research note on Thursday, August 6th. Mizuho set a $18.00 target price on Sunrun in a research report on Thursday, August 6th. Royal Bank Of Canada reduced their price target on Sunrun from $18.00 to $14.00 and set an “outperform” rating on the stock in a research report on Thursday, August 6th. Wall Street Zen raised shares of Sunrun from a “sell” rating to a “hold” rating in a research report on Saturday, August 15th. Finally, UBS Group cut their price objective on shares of Sunrun from $23.00 to $20.00 and set a “buy” rating on the stock in a report on Tuesday, June 16th. Twelve research analysts have rated the stock with a Buy rating, eight have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Sunrun currently has an average rating of “Hold” and a consensus target price of $16.59.

Sunrun Stock Down 2.1%

RUN opened at $7.61 on Thursday. The business’s fifty day simple moving average is $8.93 and its 200 day simple moving average is $11.59. Sunrun has a 52 week low of $7.42 and a 52 week high of $22.44. The firm has a market cap of $1.83 billion, a P/E ratio of 5.14 and a beta of 2.44. The company has a quick ratio of 1.00, a current ratio of 1.42 and a debt-to-equity ratio of 3.34.

Sunrun (NASDAQ:RUN) last announced its quarterly earnings data on Wednesday, August 5th. The energy company reported $0.42 earnings per share (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 9.59%. The business had revenue of $869.99 million for the quarter, compared to the consensus estimate of $746.87 million. During the same quarter in the prior year, the firm posted $1.07 earnings per share. The company’s quarterly revenue was up 52.8% compared to the same quarter last year. As a group, equities research analysts anticipate that Sunrun will post 1.19 EPS for the current fiscal year.

Insider Activity at Sunrun

In related news, Director Lynn Jurich sold 50,000 shares of the stock in a transaction dated Monday, August 3rd. The shares were sold at an average price of $9.96, for a total transaction of $498,000.00. Following the sale, the director owned 367,405 shares in the company, valued at $3,659,353.80. This represents a 11.98% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Danny Abajian sold 16,734 shares of Sunrun stock in a transaction that occurred 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 completion of the transaction, the chief financial officer owned 386,532 shares of the company’s stock, valued at approximately $2,999,488.32. The trade was a 4.15% decrease in their ownership of the stock. 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. Insiders sold 118,719 shares of company stock valued at $1,031,277 in the last ninety days. 3.55% of the stock is owned by insiders.

Institutional Investors Weigh In On Sunrun

A number of hedge funds have recently added to or reduced their stakes in RUN. Contour Asset Management LLC acquired a new stake in shares of Sunrun in the 4th quarter worth about $98,010,000. Dimensional Fund Advisors LP boosted its position in shares of Sunrun by 2.6% during the first quarter. Dimensional Fund Advisors LP now owns 6,519,053 shares of the energy company’s stock worth $88,375,000 after buying an additional 165,196 shares during the period. Maple Rock Capital Partners Inc. boosted its position in shares of Sunrun by 23.1% during the second quarter. Maple Rock Capital Partners Inc. now owns 3,694,548 shares of the energy company’s stock worth $49,433,000 after buying an additional 692,448 shares during the period. Amundi grew its holdings in Sunrun by 3.9% in the 2nd quarter. Amundi now owns 3,428,504 shares of the energy company’s stock worth $45,845,000 after buying an additional 127,878 shares in the last quarter. Finally, Bank of America Corp DE bought a new position in Sunrun in the 2nd quarter worth approximately $29,953,000. 91.69% of the stock is currently owned by institutional investors.

Key Sunrun News

Here are the key news stories impacting Sunrun this week:

• Positive Sentiment: Sunrun will release its third-quarter 2026 results after the market closes on November 4, followed by a conference call at 4:30 p.m. ET. The report could provide a near-term catalyst, particularly for updates on installations, cash flow, liquidity and management’s outlook. Sunrun Announces Date for Third Quarter 2026 Earnings Report
• Neutral Sentiment: Sunrun previously reported stronger-than-expected quarterly results, with revenue of approximately $870 million, up 52.8% year over year, and EPS of $0.42 versus the $0.23 consensus estimate. However, analysts expect full-year EPS of about $1.19, leaving the upcoming report important for confirming whether the improvement is sustainable.
• Negative Sentiment: Several executives sold shares on October 6, including CEO Mary Powell, CFO Danny Abajian, CAO Maria Barak, CRO Paul Dickson and insider Jeanna Steele. The transactions totaled roughly 68,700 shares. Each filing stated that the sales were made to cover tax withholding obligations tied to equity vesting, which reduces the bearish significance, but the concentration of sales may still weigh on investor sentiment. Sunrun CEO Insider Filing
• Negative Sentiment: RUN remains substantially below its 50-day moving average of $8.93 and 200-day moving average of $11.59, and is close to its one-year low of $7.42. High volatility, elevated leverage with a debt-to-equity ratio of 3.34, and mixed analyst views add to downside risk ahead of earnings. Sunrun Exceeds Market Returns: Some Facts to Consider

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.