Sunrun (NASDAQ:RUN) Stock Price Target Cut by JPMorgan Chase & Co.

Sunrun (NASDAQ:RUN) had its price target dropped by equities research analysts at JPMorgan Chase & Co. from $12.00 to $11.00 in a note issued to investors on Thursday, Benzinga reports. The firm currently has an “overweight” rating on the energy company’s stock. JPMorgan Chase & Co.‘s price objective points to a potential upside of 10.22% from the company’s previous close.

RUN has been the topic of a number of other research reports. Wall Street Zen upgraded Sunrun from a “sell” rating to a “hold” rating in a research note on Sunday, October 18th. Wells Fargo & Company lowered their target price on shares of Sunrun from $22.00 to $17.00 and set an “overweight” rating for the company in a research note on Friday, August 14th. Oppenheimer restated an “outperform” rating on shares of Sunrun in a report on Thursday. Glj Research reiterated a “sell” rating and set a $4.63 price objective on shares of Sunrun in a report on Monday, August 17th. Finally, Royal Bank Of Canada lowered their price objective on shares of Sunrun from $18.00 to $14.00 and set an “outperform” rating for the company in a research report on Thursday, August 6th. Twelve equities research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $14.04.

Sunrun Trading Up 1.1%

NASDAQ RUN traded up $0.11 during trading on Thursday, hitting $9.98. The stock had a trading volume of 16,562,936 shares, compared to its average volume of 8,766,766. Sunrun has a one year low of $6.78 and a one year high of $21.95. The stock has a 50 day simple moving average of $8.13 and a 200 day simple moving average of $12.26. The stock has a market capitalization of $2.40 billion, a price-to-earnings ratio of 5.04 and a beta of 2.35. The company has a debt-to-equity ratio of 3.34, a quick ratio of 1.00 and a current ratio of 1.42.

Sunrun (NASDAQ:RUN) last released its earnings results on Wednesday, November 4th. The energy company reported $0.56 EPS for the quarter, beating 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 firm had revenue of $1.10 billion for the quarter, compared to analysts’ expectations of $757.53 million. During the same quarter in the prior year, the firm posted $0.06 earnings per share. The company’s quarterly revenue was up 51.7% on a year-over-year basis. Sell-side analysts predict that Sunrun will post 1.46 earnings per share for the current year.

Insider Transactions at Sunrun

In related news, CRO Paul Dickson sold 15,837 shares of the company’s stock in a transaction dated Tuesday, October 6th. The shares were sold at an average price of $7.76, for a total value of $122,895.12. Following the completion of the sale, the executive directly owned 823,702 shares of the company’s stock, valued at $6,391,927.52. This represents a 1.89% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CFO Danny Abajian sold 16,734 shares of the stock in a transaction dated Tuesday, October 6th. The stock was sold at an average price of $7.76, for a total transaction of $129,855.84. Following the transaction, the chief financial officer owned 386,532 shares in the company, valued at approximately $2,999,488.32. The trade was a 4.15% 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. Insiders sold a total of 71,975 shares of company stock valued at $563,721 over the last three months. 3.55% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Sunrun

Institutional investors have recently bought and sold shares of the business. Allworth Financial LP bought a new position in Sunrun in the second quarter worth approximately $25,000. Summit Securities Group LLC bought a new position in shares of Sunrun in the 1st quarter worth $36,000. Parallel Advisors LLC lifted its stake in shares of Sunrun by 72.2% during the 3rd quarter. Parallel Advisors LLC now owns 6,765 shares of the energy company’s stock worth $53,000 after purchasing an additional 2,837 shares during the last quarter. Nykredit A S purchased a new stake in shares of Sunrun during the 2nd quarter worth $78,000. Finally, Prime Capital Investment Advisors LLC bought a new stake in Sunrun during the third quarter valued at about $80,000. 91.69% of the stock is owned by hedge funds and other institutional investors.

Key Headlines Impacting Sunrun

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

Sunrun Company Profile

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.