With 8.59% Distance From Low, Could Sunrun Inc (NASDAQ:RUN) Post Further Gains?

In last trading session, Sunrun Inc (NASDAQ:RUN) saw 10.55 million shares changing hands with its beta currently measuring 2.82. Company’s recent per share price level of $8.61 trading at -$0.25 or -2.82% at ring of the bell on the day assigns it a market valuation of $1.93B. That closing price of RUN’s stock is at a discount of -158.54% from its 52-week high price of $22.26 and is indicating a premium of 8.59% from its 52-week low price of $7.87.

For Sunrun Inc (RUN), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.82. Splitting up the data highlights that, out of 19 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 3 suggested the stock as a Hold whereas 16 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -0.18 in the current quarter.

Sunrun Inc (NASDAQ:RUN) trade information

Upright in the red during last session for losing -2.82%, in the last five days RUN remained trading in the green while hitting it’s week-highest on Wednesday, 02/19/25 when the stock touched $8.61 price level, adding 7.52% to its value on the day. Sunrun Inc’s shares saw a change of -6.92% in year-to-date performance and have moved 6.30% in past 5-day. Sunrun Inc (NASDAQ:RUN) showed a performance of -8.79% in past 30-days.

Wall Street analysts have assigned a consensus price target of 27 to the stock, which implies a rise of 68.11% to its current value. Analysts have been projecting 11 as a low price target for the stock while placing it at a high target of 35. It follows that stock’s current price would drop -27.76% in reaching the projected high whereas dropping to the targeted low would mean a loss of -27.76% for stock’s current value.

Sunrun Inc (RUN) estimates and forecasts

This year revenue growth is estimated to fall -9.17% from the last financial year’s standing.

20 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 541.05M for the same. And 16 analysts are in estimates of company making revenue of 517.06M in the next quarter. Company posted 516.59M and 458.19M of sales in current and next quarters respectively a year earlier.

In 2025, company’s earnings growth rate is likely to be around 94.08% while estimates for its earnings growth in next 5 years are of 52.43%.

Sunrun Inc (NASDAQ:RUN)’s Major holders

BLACKROCK INC. is the top institutional holder at RUN for having 41.4 million shares of worth $491.0 million. And as of 2024-06-30, it was holding 18.8283 of the company’s outstanding shares.

The second largest institutional holder is VANGUARD GROUP INC, which was holding about 23.38 million shares on 2024-06-30. The number of shares represents firm’s hold over 10.631 of outstanding shares, having a total worth of $277.24 million.