TD Cowen Issues Pessimistic Forecast for Sunrun (NASDAQ:RUN) Stock Price

Sunrun (NASDAQ:RUN) had its target price dropped by TD Cowen from $21.00 to $16.00 in a research note issued on Thursday. The firm presently has a “buy” rating on the energy company’s stock. TD Cowen’s price target points to a potential upside of 52.53% from the stock’s previous close.

RUN has been the subject of several other reports. Susquehanna reduced their target price on Sunrun from $19.00 to $18.00 and set a “positive” rating for the company in a research report on Friday, July 10th. Citigroup dropped their price target on Sunrun from $26.00 to $20.00 and set a “buy” rating for the company in a research report on Tuesday, April 21st. Barclays cut their price objective on Sunrun from $23.00 to $14.00 and set an “equal weight” rating for the company in a report on Tuesday, April 21st. UBS Group lowered their target price on shares of Sunrun from $23.00 to $20.00 and set a “buy” rating on the stock in a research note on Tuesday, June 16th. Finally, Wall Street Zen cut shares of Sunrun from a “hold” rating to a “sell” rating in a research note on Saturday, April 25th. Twelve research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, Sunrun currently has a consensus rating of “Hold” and an average price target of $18.54.

Sunrun Stock Performance

NASDAQ RUN opened at $10.49 on Thursday. The company’s 50 day simple moving average is $12.53 and its two-hundred day simple moving average is $14.21. The company has a debt-to-equity ratio of 3.44, a current ratio of 1.45 and a quick ratio of 1.09. Sunrun has a 1 year low of $9.01 and a 1 year high of $22.44. The stock has a market capitalization of $2.50 billion, a PE ratio of 4.92 and a beta of 2.35.

Sunrun (NASDAQ:RUN) last released its quarterly earnings results on Wednesday, August 5th. The energy company reported $0.42 EPS for the quarter, beating analysts’ consensus estimates of $0.23 by $0.19. Sunrun had a net margin of 17.88% and a return on equity of 14.06%. The firm had revenue of $869.99 million during the quarter, compared to analyst estimates of $746.87 million. During the same period in the previous year, the business earned $1.07 EPS. The business’s revenue for the quarter was up 52.8% on a year-over-year basis. Analysts predict that Sunrun will post 1.01 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Sunrun news, CEO Mary Powell sold 23,985 shares of the 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 transaction, 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 sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CFO Danny Abajian sold 16,495 shares of Sunrun stock in a transaction that occurred on Monday, July 6th. The stock was sold at an average price of $13.19, for a total transaction of $217,569.05. Following the transaction, the chief financial officer directly owned 420,318 shares in the company, valued at $5,543,994.42. This trade represents a 3.78% decrease in their ownership of the stock. 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 a total of 223,045 shares of company stock worth $2,934,835 over the last ninety days. Corporate insiders own 3.55% of the company’s stock.

Hedge Funds Weigh In On Sunrun

A number of large investors have recently added to or reduced their stakes in RUN. Royal Bank of Canada grew its stake in shares of Sunrun by 5.1% during the first quarter. Royal Bank of Canada now owns 626,536 shares of the energy company’s stock valued at $3,672,000 after buying an additional 30,175 shares during the last quarter. Integrated Wealth Concepts LLC lifted its stake in shares of Sunrun by 47.8% in the 1st quarter. Integrated Wealth Concepts LLC now owns 32,767 shares of the energy company’s stock valued at $192,000 after acquiring an additional 10,598 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in Sunrun by 2.5% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 238,360 shares of the energy company’s stock valued at $1,397,000 after acquiring an additional 5,882 shares during the period. Jones Financial Companies Lllp boosted its holdings in Sunrun by 511.0% during the 1st quarter. Jones Financial Companies Lllp now owns 27,026 shares of the energy company’s stock valued at $158,000 after acquiring an additional 22,603 shares during the period. Finally, Goldman Sachs Group Inc. lifted its position in Sunrun by 45.3% in the first quarter. Goldman Sachs Group Inc. now owns 2,306,808 shares of the energy company’s stock valued at $13,518,000 after purchasing an additional 718,955 shares during the last quarter. Hedge funds and other institutional investors own 91.69% of the company’s stock.

More Sunrun News

Here are the key news stories impacting Sunrun this week:

• Positive Sentiment: Sunrun reported second-quarter adjusted earnings of $0.42 per share and revenue of approximately $870 million, exceeding consensus estimates of $0.23 and $747 million, respectively. Revenue increased 52.8% from the prior year. Sunrun Q2 Earnings and Revenues Beat Estimates
• Positive Sentiment: Storage momentum was strong: the battery attachment rate reached a record 74%, while networked storage capacity reached 4.6 gigawatt-hours. Aggregate subscriber value was approximately $1.2 billion. Sunrun Reports Second Quarter 2026 Financial Results
• Positive Sentiment: Sunrun priced a $267 million securitization of residential solar and storage assets, supporting liquidity and the company’s asset-financing model. Sunrun Prices $267 Million Securitization

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.