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

Sunrun (NASDAQ:RUN) had its price objective decreased by equities research analysts at The Goldman Sachs Group from $15.00 to $13.00 in a report released on Monday, MarketBeat Ratings reports. The brokerage currently has a “buy” rating on the energy company’s stock. The Goldman Sachs Group’s price target would suggest a potential upside of 47.90% from the stock’s previous close.

Several other analysts have also issued reports on the company. Mizuho set a $18.00 target price on Sunrun in a report on Thursday, August 6th. Glj Research reaffirmed a “sell” rating and set a $4.63 price objective on shares of Sunrun in a research report on Monday, August 17th. Wells Fargo & Company reduced their price objective on shares of Sunrun from $22.00 to $17.00 and set an “overweight” rating on the stock in a research note on Friday, August 14th. UBS Group decreased their target price 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. Finally, Roth Capital restated a “buy” rating on shares of Sunrun in a research report on Thursday, July 9th. Twelve research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, Sunrun has a consensus rating of “Hold” and an average price target of $16.70.

Sunrun Stock Performance

Shares of RUN stock opened at $8.79 on Monday. 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 stock has a market cap of $2.12 billion, a P/E ratio of 5.94 and a beta of 2.37. The stock has a 50 day simple moving average of $9.62 and a 200 day simple moving average of $11.94. Sunrun has a 1 year low of $8.19 and a 1 year high of $22.44.

Sunrun (NASDAQ:RUN) last posted its quarterly earnings data on Wednesday, August 5th. The energy company reported $0.42 EPS for the quarter, topping analysts’ consensus estimates of $0.23 by $0.19. The firm had revenue of $869.99 million for 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%.The company’s revenue was up 52.8% on a year-over-year basis. During the same quarter last year, the company earned $1.07 EPS. On average, research analysts predict that Sunrun will post 1.18 earnings per share for the current fiscal year.

Insider Activity

In other news, insider Jeanna Steele sold 9,897 shares of the firm’s stock in a transaction that occurred on Monday, July 6th. The shares were sold at an average price of $13.19, for a total value of $130,541.43. Following the sale, the insider directly owned 461,715 shares in the company, valued at approximately $6,090,020.85. This trade represents a 2.10% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO Mary Powell sold 23,985 shares of Sunrun stock in a transaction that occurred on Monday, July 6th. The shares were sold at an average price of $13.19, for a total transaction of $316,362.15. Following the sale, the chief executive officer directly owned 1,111,535 shares in the company, valued at $14,661,146.65. This trade represents a 2.11% 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. In the last 90 days, insiders have sold 171,015 shares of company stock valued at $2,111,653. Corporate insiders own 3.55% of the company’s stock.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. U S Wealth Group LLC. raised its position in shares of Sunrun by 23.1% during the second quarter. U S Wealth Group LLC. now owns 95,946 shares of the energy company’s stock worth $1,284,000 after acquiring an additional 18,006 shares during the last quarter. Sequoia Financial Advisors LLC bought a new stake in Sunrun in the second quarter valued at approximately $594,000. Engineers Gate Manager LP acquired a new stake in Sunrun during the 2nd quarter valued at approximately $328,000. Nykredit A S acquired a new stake in Sunrun during the 2nd quarter valued at approximately $78,000. Finally, Amundi raised its holdings in Sunrun by 3.9% during the 2nd quarter. Amundi now owns 3,428,504 shares of the energy company’s stock worth $45,845,000 after purchasing an additional 127,878 shares during the last quarter. 91.69% of the stock is currently owned by institutional investors.

Sunrun News Roundup

Here are the key news stories impacting Sunrun this week:

• Positive Sentiment: Record grid-support event highlights battery platform. Sunrun and Tesla reported that their home battery fleets supplied more than 580 megawatts of peak power to California’s grid during the September 9 heat wave—the largest residential distributed-power dispatch reported to date. The event demonstrates that Sunrun’s installed battery base can provide valuable grid services and potentially create additional revenue opportunities. Sunrun and Tesla Dispatch 580 Megawatts To California’s Grid During Heat Wave
• Positive Sentiment: News initially lifted Sunrun shares. Market coverage said Sunrun and Tesla’s record battery dispatch put both stocks in focus, as investors viewed the performance as evidence that distributed energy resources can help stabilize the California grid during periods of extreme demand. Sunrun, Tesla Set Record With 580 MW California Grid Dispatch
• Neutral Sentiment: Goldman Sachs remains constructive but lowered its target. Goldman reduced its Sunrun price target from $15 to $13 while maintaining a “buy” rating. The new target still implied roughly 48% upside from the cited $8.79 reference price, but the cut signals more cautious expectations. Sunrun Given New $13.00 Price Target at Goldman Sachs
• Negative Sentiment: Profitability concerns remain. Coverage noted that Sunrun and Tesla’s battery milestone occurred against a backdrop of expected 2026 losses, which may have encouraged profit-taking after the initial rally. Sunrun’s high leverage and shares trading below their 50-day and 200-day moving averages also remain risks for investors.

About Sunrun

Sunrun Inc is a provider of residential solar energy and battery-storage solutions. The company designs, sells, installs, owns and maintains solar energy systems for homeowners, helping customers generate electricity on-site and reduce reliance on conventional utility power.

Sunrun offers solar systems through customer purchase arrangements as well as subscription-based plans, including leases and power purchase agreements. Under these arrangements, Sunrun may retain ownership of the system and provide ongoing monitoring, maintenance and customer support.