In the latest trading session, 2.31 million Sunrun Inc (NASDAQ:RUN) shares changed hands as the company’s beta touched 2.33. With the company’s most recent per share price at $7.02 changing hands around $0.03 or 0.43% at last look, the market valuation stands at $1.59B. RUN’s current price is a discount, trading about -217.09% off its 52-week high of $22.26. The share price had its 52-week low at $5.55, which suggests the last value was 20.94% up since then. When we look at Sunrun Inc’s average trading volume, we note the 10-day average is 13.48 million shares, with the 3-month average coming to 11.57 million.
Analysts gave the Sunrun Inc (RUN) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.88. 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 is in green as seen in intraday trades today. With action 19.80%, the performance over the past five days has been green. The company’s shares are showing year-to-date downside of -24.11%, with the 5-day performance at 19.80% in the green. However, in the 30-day time frame, Sunrun Inc (NASDAQ:RUN) is -1.96% down. Looking at the short shares, we see there were 52.37 million shares sold at short interest cover period of 4.29 days.
The consensus price target for the stock as assigned by Wall Street analysts is 17.5, meaning bulls need an upside of 59.89% from its recent market value. According to analyst projections, RUN’s forecast low is 11 with 23 as the target high. To hit the forecast high, the stock’s price needs a -227.64% plunge from its current level, while the stock would need to soar -56.7% 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 92.88%, but the outlook for the next 5-year period is at 48.90% per year.
Sunrun Inc (NASDAQ:RUN)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 2.46% of Sunrun Inc shares while 111.38% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 114.18%. There are 111.38% institutions holding the Sunrun Inc stock share, with BLACKROCK INC. the top institutional holder. As of 2024-06-30, the company held 18.6089% 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 Feb 28, 2025 were iShares Trust-iShares Core S&P Small-Cap ETF and VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund. With 14.3 shares estimated at $102.38 million under it, the former controlled 6.32% of total outstanding shares. On the other hand, VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund held about 2.90% of the shares, roughly 6.57 shares worth around $47.05 million.
