Sunrun Inc (NASDAQ: RUN) Could Bring Massive Returns?

In the last trading session, 14.4 million shares of the Sunrun Inc (NASDAQ:RUN) were traded, and its beta was 2.50. Most recently the company’s share price was $10.25, and it changed around $0.14 or 1.38% from the last close, which brings the market valuation of the company to $2.25B. RUN currently trades at a discount to its 52-week high of $23.85, offering almost -132.68% off that amount. The share price’s 52-week low was $8.43, which indicates that the current value has risen by an impressive 17.76% since then. We note from Sunrun Inc’s average daily trading volume that its 3-month average coming to 14.62 million.

Sunrun Inc stock received a consensus recommendation rating of Buy, based on a mean score of 1.84. If we narrow it down even further, the data shows that 0 out of 7 analysts rate the stock as a Sell; another 3 rate it as Overweight. Among the rest, 1 recommended RUN as a Hold, whereas 3 deemed it a Buy, and 0 rated it as Underweight. Sunrun Inc is expected to report earnings per share of $Rumble Inc. for the current quarter.

Sunrun Inc (NASDAQ:RUN) trade information

Instantly RUN has showed a green trend with a performance of 1.38% at the end of last trading. The performance over the last five days has remained in the red territory. The company’s shares are currently down -47.78% year-to-date, but still down -11.94% over the last five days. On the other hand, Sunrun Inc (NASDAQ:RUN) is -10.71% down in the 30-day period.

The consensus price target as assigned by Wall Street analysts is $41.64, which translates to bulls needing to increase their stock price by 75.38% from its current value. Analyst projections state that RUN is forecast to be at a low of $14 and a high of $82.

Sunrun Inc (RUN) estimates and forecasts

Sunrun Inc share prices are performing particularly well compared to other companies within the same industry. As is evident from the statistics, the company’s shares have fallen -11.33 percent over the past six months and at a 75.63% annual growth rate that is well above the industry average of -9.70%.

Sunrun Inc earnings are expected to increase by 85.99% in 2024, but the outlook is negative -8.00% per year for the next five years.