Sunrun (NASDAQ:RUN) Given New $10.00 Price Target at Royal Bank Of Canada

Sunrun (NASDAQ:RUN) had its target price trimmed by Royal Bank Of Canada from $11.00 to $10.00 in a report released on Friday,Benzinga reports. The firm currently has an outperform rating on the energy company’s stock.

Other equities research analysts have also issued reports about the stock. JPMorgan Chase & Co. reduced their target price on shares of Sunrun from $12.00 to $11.00 and set an “overweight” rating for the company in a report on Thursday. Morgan Stanley lowered their price target on shares of Sunrun from $15.00 to $10.00 and set an “equal weight” rating on the stock in a report on Wednesday, October 14th. The Goldman Sachs Group reiterated a “buy” rating on shares of Sunrun in a research report on Thursday. Weiss Ratings raised shares of Sunrun from a “sell (d)” rating to a “sell (d+)” rating in a research note on Friday, October 9th. Finally, Citigroup decreased their price objective on shares of Sunrun from $14.00 to $13.00 and set a “buy” rating on the stock in a research report on Thursday. Twelve equities research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat.com, Sunrun presently has an average rating of “Hold” and an average target price of $14.04.

Sunrun Stock Performance

NASDAQ RUN traded up $0.11 on Friday, hitting $9.98. 16,562,936 shares of the company traded hands, compared to its average volume of 8,766,766. The business’s 50 day moving average price is $8.13 and its 200-day moving average price is $12.26. Sunrun has a 52-week low of $6.78 and a 52-week high of $21.95. The company has a current ratio of 1.42, a quick ratio of 1.00 and a debt-to-equity ratio of 3.34. The company has a market capitalization of $2.40 billion, a price-to-earnings ratio of 5.04 and a beta of 2.35.

Sunrun (NASDAQ:RUN) last issued its quarterly earnings results on Wednesday, November 4th. The energy company reported $0.56 EPS for the quarter, topping analysts’ consensus estimates of $0.16 by $0.40. Sunrun had a return on equity of 9.59% and a net margin of 11.59%. The business had revenue of $1.10 billion during the quarter, compared to analysts’ expectations of $757.53 million. During the same quarter in the prior year, the business posted $0.06 earnings per share. The business’s quarterly revenue was up 51.7% on a year-over-year basis. Equities analysts expect that Sunrun will post 1.46 earnings per share for the current year.

Insider Activity at Sunrun

In other news, CRO Paul S. Dickson sold 15,837 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 transaction of $122,895.12. Following the sale, the executive owned 823,702 shares in the company, valued at $6,391,927.52. This trade represents a 1.89% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at 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 the business’s 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 completion of the transaction, the insider directly owned 451,673 shares in the company, valued at $3,504,982.48. This trade represents a 2.17% 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 have sold 71,975 shares of company stock worth $563,721 in the last three months. Corporate insiders own 3.55% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Bank of America Corp DE purchased a new stake in shares of Sunrun in the second quarter worth about $29,953,000. Bank of New York Mellon Corp bought a new position in shares of Sunrun during the 2nd quarter valued at approximately $18,120,000. Robeco Schweiz AG grew its holdings in shares of Sunrun by 28.5% in the third quarter. Robeco Schweiz AG now owns 5,478,228 shares of the energy company’s stock valued at $42,566,000 after purchasing an additional 1,214,548 shares in the last quarter. Amundi grew its holdings in shares of Sunrun by 56.3% in the first quarter. Amundi now owns 3,300,626 shares of the energy company’s stock valued at $44,798,000 after purchasing an additional 1,188,564 shares in the last quarter. Finally, Deutsche Bank AG bought a new stake in Sunrun in the second quarter worth $12,483,000. Institutional investors own 91.69% of the company’s stock.

Sunrun News Summary

Here are the key news stories impacting Sunrun this week:

• Positive Sentiment: Sunrun reported Q3 adjusted EPS of $0.56, ahead of analyst estimates, and revenue of $1.10 billion versus expectations of about $758 million. Revenue grew 51.7% year over year, providing a strong catalyst for the shares. Q3 earnings roundup
• Positive Sentiment: Management expects roughly $200 million in cash generation for 2026 and described its cash-flow outlook as meaningfully positive. Sunrun also reached 5 GWh of storage capacity and aims to double capacity by the end of 2028, supporting its growth opportunity in batteries and grid services. Cash-generation and storage plans
• Neutral Sentiment: Several analysts lowered their price targets but kept positive ratings: RBC cut its target to $10 while maintaining “outperform”; JPMorgan lowered its target to $11 with “overweight,” and Citi reduced its target to $13 with “buy.” The cuts temper optimism, though the firms remain constructive. RBC analyst recommendation
• Negative Sentiment: Q3 solar installations fell 15% year over year, and coverage of the results noted that Sunrun guided toward the low end of its outlook. These operating and guidance concerns could limit the earnings-driven upside. Installations and storage milestone

About Sunrun

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.