In the last trading session, 9.99 million Sunrun Inc (NASDAQ:RUN) shares changed hands as the company’s beta touched 2.69. With the company’s per share price at $6.50 changed hands at $0.29 or 4.67% during last session, the market valuation stood at $1.47B. RUN’s last price was a discount, traded about -242.46% off its 52-week high of $22.26. The share price had its 52-week low at $5.93, which suggests the last value was 8.77% up since then. When we look at Sunrun Inc’s average trading volume, we note the 10-day average is 14.44 million shares, with the 3-month average coming to 10.56 million.
Analysts gave the Sunrun Inc (RUN) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.96. If we narrow down to specifics, the data shows that 0 out of 19 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 3 recommended RUN as a Hold, 16 felt it is a Buy and 0 rated the stock as Underweight. Sunrun Inc’s EPS for the current quarter is expected to be -0.25.
Sunrun Inc (NASDAQ:RUN) trade information
Instantly RUN was in green as seen at the end of in last trading. With action -9.22%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -29.73%, with the 5-day performance at -9.22% in the red. However, in the 30-day time frame, Sunrun Inc (NASDAQ:RUN) is -18.75% down. Looking at the short shares, we see there were 48.52 million shares sold at short interest cover period of 5.03 days.
The consensus price target for the stock as assigned by Wall Street analysts is 20, meaning bulls need an upside of 67.5% from its current market value. According to analyst projections, RUN’s forecast low is 11 with 35 as the target high. To hit the forecast high, the stock’s price needs a -438.46% plunge from its current level, while the stock would need to soar -69.23% for it to hit the projected low.
Sunrun Inc (RUN) estimates and forecasts
Year-over-year growth is forecast to reach 8.57% up from the last financial year.
Consensus estimates given by 18 financial analysts project the company’s revenue in the current quarter to hit an average of 491.51M. 18 analysts are of the opinion that Sunrun Inc’s revenue for the current quarter will be 547.1M. The company’s revenue for the corresponding quarters a year ago was 458.19M and 523.87M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 7.27%. The estimates for the next quarter sales put growth at 4.44%.
The 2025 estimates are for Sunrun Inc earnings to increase by 92.47%, but the outlook for the next 5-year period is at 48.90% per year.
RUN Dividends
Sunrun Inc is expected to release its next quarterly earnings report on 2025-Feb-26.
Sunrun Inc (NASDAQ:RUN)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 2.45% of Sunrun Inc shares while 112.01% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 114.83%. There are 112.01% institutions holding the Sunrun Inc stock share, with BLACKROCK INC. the top institutional holder. As of 2024-06-30, the company held 18.8283% of the shares, roughly 41.4 million RUN shares worth $491.0 million.
VANGUARD GROUP INC holds the second largest percentage of outstanding shares, with 10.631% or 23.38 million shares worth $277.24 million as of 2024-06-30.
Among Mutual Funds, the top two as of Jan 31, 2025 were iShares Core S&P Smallcap ETF and Vanguard Total Stock Market Index Fund . With 14.43 shares estimated at $93.81 million under it, the former controlled 6.38% of total outstanding shares. On the other hand, Vanguard Total Stock Market Index Fund held about 2.90% of the shares, roughly 6.57 shares worth around $42.71 million.
