Sunrun (NASDAQ:RUN) Price Target Cut to $11.00 by Analysts at JPMorgan Chase & Co.

Sunrun (NASDAQ:RUN) had its target price cut by JPMorgan Chase & Co. from $12.00 to $11.00 in a report issued on Thursday morning,Benzinga reports. They currently have an overweight rating on the energy company’s stock.

Other research analysts have also issued research reports about the company. Morgan Stanley lowered their price target on Sunrun from $15.00 to $10.00 and set an “equal weight” rating on the stock in a research report on Wednesday, October 14th. Barclays decreased their target price on shares of Sunrun from $14.00 to $12.00 and set an “equal weight” rating for the company in a research note on Friday, October 9th. Weiss Ratings upgraded shares of Sunrun from a “sell (d)” rating to a “sell (d+)” rating in a report on Friday, October 9th. TD Cowen dropped their price target on shares of Sunrun from $21.00 to $16.00 and set a “buy” rating on the stock in a research report on Thursday, August 6th. Finally, Jefferies Financial Group reiterated a “hold” rating and issued a $7.00 price target on shares of Sunrun in a research note on Friday, October 9th. Twelve equities research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $14.27.

Sunrun Price Performance

Shares of NASDAQ RUN opened at $9.87 on Thursday. The stock has a market capitalization of $2.38 billion, a price-to-earnings ratio of 4.98 and a beta of 2.35. The business has a 50-day moving average of $8.11 and a 200-day moving average of $12.29. The company has a debt-to-equity ratio of 3.34, a current ratio of 1.42 and a quick ratio of 1.00. Sunrun has a fifty-two week low of $6.78 and a fifty-two week high of $21.95.

Sunrun (NASDAQ:RUN) last released its earnings results on Wednesday, November 4th. The energy company reported $0.56 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.16 by $0.40. Sunrun had a return on equity of 12.56% and a net margin of 14.01%. The business had revenue of $1.10 billion for the quarter, compared to the consensus estimate of $757.53 million. During the same quarter in the previous year, the business earned $0.06 earnings per share. Sunrun’s quarterly revenue was up 51.7% on a year-over-year basis. As a group, sell-side analysts predict that Sunrun will post 1.46 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, CAO Maria Barak sold 3,256 shares of the business’s stock in a transaction that occurred on Wednesday, November 4th. The stock was sold at an average price of $9.35, for a total transaction of $30,443.60. Following the transaction, the chief accounting officer directly owned 85,006 shares of the company’s stock, valued at approximately $794,806.10. The trade was a 3.69% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Mary Powell sold 24,335 shares of the stock in a transaction on Tuesday, October 6th. The shares were sold at an average price of $7.76, for a total value of $188,839.60. Following the completion of the sale, the chief executive officer owned 1,087,200 shares in the company, valued at approximately $8,436,672. This trade represents a 2.19% decrease in their position. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last 90 days, insiders sold 71,975 shares of company stock valued at $563,721. Insiders own 3.55% of the company’s stock.

Hedge Funds Weigh In On Sunrun

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Dimensional Fund Advisors LP boosted its stake in Sunrun by 2.6% in the 1st quarter. Dimensional Fund Advisors LP now owns 6,519,053 shares of the energy company’s stock valued at $88,375,000 after purchasing an additional 165,196 shares during the period. Robeco Schweiz AG increased its position in Sunrun by 28.5% during the 3rd quarter. Robeco Schweiz AG now owns 5,478,228 shares of the energy company’s stock worth $42,566,000 after buying an additional 1,214,548 shares during the period. Maple Rock Capital Partners Inc. increased its position in Sunrun by 23.1% during the 2nd quarter. Maple Rock Capital Partners Inc. now owns 3,694,548 shares of the energy company’s stock worth $49,433,000 after buying an additional 692,448 shares during the period. Amundi increased its position in Sunrun by 3.9% during the 2nd quarter. Amundi now owns 3,428,504 shares of the energy company’s stock worth $45,845,000 after buying an additional 127,878 shares during the period. Finally, Bank of America Corp DE acquired a new stake in shares of Sunrun during the second quarter worth $29,953,000. 91.69% of the stock is owned by institutional investors.

Key Headlines Impacting Sunrun

Here are the key news stories impacting Sunrun this week:

• Positive Sentiment: Sunrun reported Q3 earnings of $0.56 per share, above the roughly $0.16 consensus estimate, on revenue of $1.10 billion versus about $758 million expected. Revenue grew 51.7% year over year, giving investors a substantial earnings and sales beat. Sunrun Reports Third Quarter 2026 Financial Results
• Positive Sentiment: Management’s outlook called for approximately $200 million in 2026 cash generation and aims to double storage capacity by the end of 2028. The company also reached a 5-GWh storage milestone, supporting the case that batteries and grid services can become important growth drivers. Sunrun expects 2026 cash generation and storage growth
• Positive Sentiment: Sunrun’s Puerto Rico distributed power plant network doubled to more than 60,000 customers, underscoring expansion in its battery aggregation business. Sunrun Puerto Rico distributed power plant announcement
• Neutral Sentiment: JPMorgan and Citi lowered their price targets to $11 and $13, respectively, but kept their Overweight and Buy ratings. The target cuts temper the optimism, while both firms still see potential upside. JPMorgan analyst recommendation
• Neutral Sentiment: Chief Accounting Officer Maria Barak sold 3,256 shares under a pre-arranged Rule 10b5-1 plan and retained 85,006 shares, making the transaction a limited signal. Sunrun insider transaction
• Negative Sentiment: Q3 solar installations fell 15% year over year, a sign that underlying deployment remains a headwind even as storage expands. Sunrun storage milestone and installation decline

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.