Royal Bank Of Canada Issues Pessimistic Forecast for Sunrun (NASDAQ:RUN) Stock Price

Sunrun (NASDAQ:RUN) had its price target lowered by analysts at Royal Bank Of Canada from $11.00 to $10.00 in a research report issued to clients and investors on Friday, Benzinga reports. The firm currently has an “outperform” rating on the energy company’s stock. Royal Bank Of Canada‘s price objective would suggest a potential upside of 0.55% from the stock’s current price.

RUN has been the topic of a number of other reports. Morgan Stanley cut their price target on Sunrun from $15.00 to $10.00 and set an “equal weight” rating on the stock in a report on Wednesday, October 14th. Wall Street Zen upgraded Sunrun from a “sell” rating to a “hold” rating in a report on Sunday, October 18th. Citigroup dropped their target price on Sunrun from $14.00 to $13.00 and set a “buy” rating on the stock in a research report on Thursday. Susquehanna cut their target price on Sunrun from $15.00 to $13.00 and set a “positive” rating on the stock in a research note on Wednesday, October 14th. Finally, Mizuho set a $18.00 target price on Sunrun in a research note on Thursday, August 6th. Twelve analysts have rated the stock with a Buy rating, seven have issued a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, Sunrun presently has an average rating of “Hold” and a consensus price target of $14.04.

Sunrun Stock Up 0.8%

Shares of NASDAQ:RUN traded up $0.07 during midday trading on Friday, reaching $9.95. 10,278,564 shares of the company were exchanged, compared to its average volume of 9,500,474. The firm has a market cap of $2.40 billion, a PE ratio of 5.02 and a beta of 2.35. Sunrun has a fifty-two week low of $6.78 and a fifty-two week high of $21.95. The stock has a fifty day simple moving average of $8.11 and a two-hundred day simple moving average of $12.29. 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 (NASDAQ:RUN) last announced its earnings results on Wednesday, November 4th. The energy company reported $0.56 earnings per share for the quarter, topping analysts’ consensus estimates of $0.16 by $0.40. The firm had revenue of $1.10 billion during the quarter, compared to analyst estimates of $757.53 million. Sunrun had a net margin of 14.01% and a return on equity of 12.56%. The company’s revenue for the quarter was up 51.7% compared to the same quarter last year. During the same period in the prior year, the business earned $0.06 EPS. As a group, sell-side analysts forecast that Sunrun will post 1.46 earnings per share for the current year.

Insider Activity at Sunrun

In related news, insider Jeanna Steele sold 10,042 shares of Sunrun stock in a transaction dated Tuesday, October 6th. The stock was sold at an average price of $7.76, for a total value of $77,925.92. Following the sale, the insider owned 451,673 shares of the company’s stock, valued at approximately $3,504,982.48. The trade was a 2.17% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CAO Maria Barak sold 3,256 shares of the company’s stock in a transaction dated Wednesday, November 4th. The stock was sold at an average price of $9.35, for a total value of $30,443.60. Following the sale, the chief accounting officer owned 85,006 shares in the company, valued at $794,806.10. The trade was a 3.69% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders sold 71,975 shares of company stock worth $563,721. Corporate insiders own 3.55% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the stock. Van ECK Associates Corp boosted its holdings in shares of Sunrun by 3.7% in the 2nd quarter. Van ECK Associates Corp now owns 42,838 shares of the energy company’s stock valued at $573,000 after buying an additional 1,528 shares during the last quarter. Summit Global Investments lifted its stake in Sunrun by 8.5% in the third quarter. Summit Global Investments now owns 20,444 shares of the energy company’s stock valued at $159,000 after acquiring an additional 1,606 shares during the last quarter. Allworth Financial LP bought a new position in shares of Sunrun in the 2nd quarter valued at about $25,000. Pictet Asset Management Holding SA increased its stake in shares of Sunrun by 6.0% during the 1st quarter. Pictet Asset Management Holding SA now owns 37,646 shares of the energy company’s stock worth $510,000 after purchasing an additional 2,137 shares during the last quarter. Finally, Summit Securities Group LLC acquired a new stake in Sunrun in the 1st quarter valued at about $36,000. Institutional investors and hedge funds own 91.69% of the company’s stock.

Trending Headlines about Sunrun

Here are the key news stories impacting Sunrun this week:

• Positive Sentiment: Sunrun reported third-quarter earnings of $0.56 per share, above analysts’ expectations, and revenue of $1.10 billion, roughly 52% higher year over year and well ahead of estimates. The results helped drive a positive market reaction. Sunrun Reports Third Quarter 2026 Financial Results
• Positive Sentiment: Management expects approximately $200 million in cash generation for 2026 and aims to double storage capacity by the end of 2028. Its “meaningfully positive” cash-flow outlook supports the investment case. Sunrun expects 2026 cash generation and storage growth
• Positive Sentiment: The company reached 5 GWh of installed storage capacity, bolstering its battery business and grid-services opportunity. Sunrun reaches 5 GWh storage milestone
• Neutral Sentiment: Chief Accounting Officer Maria Barak sold 3,256 shares under a pre-arranged Rule 10b5-1 plan. She retained 85,006 shares, which tempers the significance of the sale. Sunrun insider transaction
• Negative Sentiment: Quarterly solar installations declined 15% year over year, a sign that demand or deployment remains a headwind even as storage expands. Sunrun installations and storage update
• Negative Sentiment: JPMorgan and Citigroup lowered their price targets to $11 and $13, respectively, though both maintained bullish ratings. The cuts suggest analysts remain cautious about the outlook despite the earnings beat. JPMorgan analyst recommendations

About Sunrun

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.