Sunrun (NASDAQ:RUN) Given New $15.00 Price Target at The Goldman Sachs Group

Sunrun (NASDAQ:RUN) had its price objective decreased by The Goldman Sachs Group from $18.00 to $15.00 in a research report issued to clients and investors on Thursday, Marketbeat Ratings reports. The firm presently has a “buy” rating on the energy company’s stock. The Goldman Sachs Group’s target price suggests a potential upside of 42.99% from the stock’s current price.

Several other equities analysts have also issued reports on the company. Zacks Research lowered Sunrun from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, June 2nd. UBS Group lowered their price objective on shares of Sunrun from $23.00 to $20.00 and set a “buy” rating for the company in a research note on Tuesday, June 16th. Citigroup decreased their price target on shares of Sunrun from $26.00 to $20.00 and set a “buy” rating for the company in a research note on Tuesday, April 21st. Susquehanna cut their price objective on shares of Sunrun from $19.00 to $18.00 and set a “positive” rating on the stock in a research report on Friday, July 10th. Finally, Barclays reduced their target price on Sunrun from $23.00 to $14.00 and set an “equal weight” rating for the company in a research note on Tuesday, April 21st. Twelve 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. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $18.37.

Sunrun Price Performance

Sunrun stock opened at $10.49 on Thursday. The stock’s 50 day moving average is $12.53 and its 200 day moving average is $14.21. Sunrun has a one year low of $9.01 and a one year high of $22.44. The firm has a market cap of $2.50 billion, a P/E ratio of 4.92 and a beta of 2.35. 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 (NASDAQ:RUN) last issued its quarterly earnings results on Wednesday, August 5th. The energy company reported $0.42 earnings per share (EPS) for the quarter, topping 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 for the quarter, compared to the consensus estimate of $746.87 million. During the same quarter in the previous year, the company earned $1.07 EPS. The company’s revenue for the quarter was up 52.8% on a year-over-year basis. As a group, research analysts expect that Sunrun will post 1.01 EPS for the current year.

Insider Buying and Selling at Sunrun

In other news, CEO Mary Powell sold 23,985 shares of the company’s stock in a transaction on Monday, July 6th. The shares were sold at an average price of $13.19, for a total value of $316,362.15. Following the completion of the sale, the chief executive officer owned 1,111,535 shares in the company, valued at $14,661,146.65. This represents a 2.11% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CRO Paul S. Dickson sold 15,613 shares of the stock in a transaction dated Monday, July 6th. The shares were sold at an average price of $13.18, for a total transaction of $205,779.34. Following the completion of the sale, the executive owned 839,539 shares of the company’s stock, valued at approximately $11,065,124.02. This represents a 1.83% decrease in their position. 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. In the last three months, insiders have sold 223,045 shares of company stock worth $2,934,835. 3.55% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Sunrun

A number of institutional investors have recently added to or reduced their stakes in the company. Dimensional Fund Advisors LP lifted its holdings in 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 acquiring an additional 165,196 shares during the period. Invesco Ltd. boosted its holdings in shares of Sunrun by 26.6% in the 4th quarter. Invesco Ltd. now owns 5,868,199 shares of the energy company’s stock worth $107,975,000 after buying an additional 1,231,628 shares during the last quarter. Geode Capital Management LLC boosted its holdings in shares of Sunrun by 3.8% in the 4th quarter. Geode Capital Management LLC now owns 5,663,239 shares of the energy company’s stock worth $104,220,000 after buying an additional 205,627 shares during the last quarter. Contour Asset Management LLC purchased a new stake in Sunrun during the fourth quarter worth about $98,010,000. Finally, Voloridge Investment Management LLC raised its position in Sunrun by 47.3% in the fourth quarter. Voloridge Investment Management LLC now owns 3,425,297 shares of the energy company’s stock worth $63,025,000 after acquiring an additional 1,100,666 shares during the period. 91.69% of the stock is owned by institutional investors.

Key Sunrun News

Here are the key news stories impacting Sunrun this week:

• Positive Sentiment: Sunrun reported second-quarter revenue of approximately $870 million, up 52.8% from a year earlier, and adjusted earnings of $0.42 per share—well above the $0.23 consensus estimate. Sunrun Reports Second Quarter 2026 Financial Results
• Positive Sentiment: Demand for storage remained strong: Sunrun’s battery attachment rate reached a record 74%, while networked storage capacity grew to 4.6 gigawatt-hours. The company also reported aggregate subscriber value of roughly $1.2 billion.
• Positive Sentiment: TD Cowen maintained a “buy” rating, although it lowered its price target from $21 to $16. The revised target still implies substantial potential upside from recent levels.
• Positive Sentiment: Sunrun priced a $267 million securitization of residential solar and storage leases and power-purchase agreements, supporting liquidity and its 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.