The Goldman Sachs Group Issues Pessimistic Forecast for Sunrun (NASDAQ:RUN) Stock Price

Sunrun (NASDAQ:RUN) had its price objective cut by equities researchers at The Goldman Sachs Group from $13.00 to $11.00 in a research report issued to clients and investors on Thursday, Benzinga reports. The brokerage currently has a “buy” rating on the energy company’s stock. The Goldman Sachs Group’s target price would suggest a potential upside of 44.55% from the company’s current price.

Other research analysts have also recently issued reports about the stock. Wells Fargo & Company decreased their price objective on shares of Sunrun from $22.00 to $17.00 and set an “overweight” rating for the company in a report on Friday, August 14th. UBS Group dropped their target price on Sunrun from $23.00 to $20.00 and set a “buy” rating on the stock in a report on Tuesday, June 16th. Susquehanna cut their target price on Sunrun from $18.00 to $15.00 and set a “positive” rating for the company in a research report on Friday, August 7th. Roth Capital reaffirmed a “buy” rating on shares of Sunrun in a research note on Thursday, July 9th. Finally, Oppenheimer reaffirmed an “outperform” rating and set a $20.00 price target on shares of Sunrun in a research note on Thursday, August 6th. Twelve research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Hold” and an average target price of $16.59.

Sunrun Stock Performance

RUN stock opened at $7.61 on Thursday. The company has a 50-day simple moving average of $8.93 and a 200 day simple moving average of $11.59. The company has a market capitalization 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 has a fifty-two week low of $7.42 and a fifty-two week high of $22.44.

Sunrun (NASDAQ:RUN) last released its earnings results on Wednesday, August 5th. The energy company reported $0.42 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 firm had revenue of $869.99 million for the quarter, compared to analysts’ expectations of $746.87 million. During the same quarter last year, the company earned $1.07 EPS. Sunrun’s quarterly revenue was up 52.8% on a year-over-year basis. Sell-side analysts predict that Sunrun will post 1.19 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Sunrun news, Director Lynn Jurich sold 50,000 shares of the firm’s stock in a transaction dated Monday, August 3rd. The shares were sold at an average price of $9.96, for a total value of $498,000.00. Following the completion of the transaction, the director directly owned 367,405 shares in the company, valued at $3,659,353.80. This trade represents a 11.98% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Jeanna Steele sold 10,042 shares of Sunrun stock in a transaction that occurred 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 approximately $3,504,982.48. This trade represents a 2.17% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last 90 days, insiders sold 118,719 shares of company stock valued at $1,031,277. Company insiders own 3.55% of the company’s stock.

Institutional Trading of Sunrun

Several large investors have recently added to or reduced their stakes in the company. Contour Asset Management LLC acquired a new stake in shares of Sunrun during the 4th quarter valued at $98,010,000. Bank of America Corp DE acquired a new position in shares of Sunrun in the second quarter worth $29,953,000. Bank of New York Mellon Corp purchased a new stake in shares of Sunrun during the second quarter worth $18,120,000. Amundi boosted its position in Sunrun by 56.3% during 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 during the last quarter. Finally, Deutsche Bank AG purchased a new position in Sunrun in the second quarter valued at about $12,483,000. 91.69% of the stock is owned by institutional investors and hedge funds.

Key Headlines Impacting Sunrun

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.