Boost Run (BRUN) – What Are Analysts Saying About This Stock?

Boost Run (NASDAQ:BRUN) has been assigned a consensus rating of “Moderate Buy” from the seven ratings firms that are covering the company, MarketBeat Ratings reports. One research analyst has rated the stock with a sell recommendation, one has assigned a hold recommendation, four have given a buy recommendation and one has issued a strong buy recommendation on the company. The average twelve-month price target among analysts that have issued ratings on the stock in the last year is $39.00.

Several brokerages have recently issued reports on BRUN. Northland Securities upgraded shares of Boost Run to a “strong-buy” rating in a research report on Monday, September 28th. Yorkville Ives assumed coverage on shares of Boost Run in a research note on Tuesday, October 6th. They set an “outperform” rating and a $24.00 target price for the company. Wall Street Zen downgraded shares of Boost Run from a “hold” rating to a “sell” rating in a research report on Saturday, October 3rd. BTIG Research restated a “buy” rating and set a $45.00 price target on shares of Boost Run in a research report on Friday, August 14th. Finally, Zacks Research raised shares of Boost Run to a “hold” rating in a research note on Tuesday, September 29th.

Boost Run Stock Performance

Boost Run stock opened at $8.78 on Tuesday. The company has a fifty day moving average of $16.49. Boost Run has a 1 year low of $8.58 and a 1 year high of $42.00.

Boost Run (NASDAQ:BRUN) last issued its quarterly earnings results on Friday, August 14th. The company reported ($0.24) EPS for the quarter. The company had revenue of $31.14 million for the quarter. As a group, analysts forecast that Boost Run will post -1.11 EPS for the current year.

Insider Buying and Selling

In other Boost Run news, Director Sean Goodrich sold 500,000 shares of the business’s stock in a transaction that occurred on Monday, September 14th. The stock was sold at an average price of $14.00, for a total transaction of $7,000,000.00. Following the completion of the sale, the director directly owned 4,437,921 shares in the company, valued at approximately $62,130,894. The trade was a 10.13% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Hedge Funds Weigh In On Boost Run

Several hedge funds and other institutional investors have recently made changes to their positions in BRUN. AWM Investment Company Inc. acquired a new stake in shares of Boost Run in the second quarter worth approximately $31,581,000. Harraden Circle Investments LLC purchased a new stake in shares of Boost Run during the second quarter worth approximately $28,390,000. Wellington Management Group LLP purchased a new stake in shares of Boost Run during the second quarter worth approximately $24,033,000. FirstWave Capital Management LLC acquired a new position in Boost Run in the 2nd quarter valued at $3,440,000. Finally, Greenland Capital Management LP acquired a new position in Boost Run in the 2nd quarter valued at $2,615,000.

About Boost Run

Boost Run, Inc develops and provides cloud infrastructure for artificial intelligence (AI) and computing workloads. The company’s platform delivers GPU computes, CPU nodes, managed Kubernetes orchestration, shared network storage, networking fabric, and hyperscaler interconnects. The company was founded in 2023 and is based in Northbrook, Illinois.