In the last quarter, 8 analysts provided ratings for Sunrun RUNshowing a mix of bullish and bearish outlooks.
The table below summarizes their recent ratings, showing the evolution of sentiment over the last 30 days and comparing it to previous months.
| Bullish | A little bullish | Indifferent | A little bearish | Bearish | |
|---|---|---|---|---|---|
| Total ratings | 1 | 4 | 3 | 0 | 0 |
| Last 30 days | 0 | 1 | 0 | 0 | 0 |
| 1 million ago | 0 | 1 | 0 | 0 | 0 |
| 2 million ago | 1 | 2 | 2 | 0 | 0 |
| 3 million ago | 0 | 0 | 1 | 0 | 0 |
The 12-month price targets, analyzed by analysts, offer insights with an average target of $19.5, a high estimate of $27.00 and a low estimate of $14.00. Surpassing the previous average price target of $18.57, the current average has risen 5.01%.
Decoding Analyst Ratings: A Detailed Look
Analysis of recent analyst actions sheds light on financial experts’ perception of Sunrun. The following summary features key analysts, their recent ratings, and adjustments to ratings and price targets.
| Analyst | Analytics company | Action taken | Assessment | Current price target | Previous price target |
|---|---|---|---|---|---|
| Biju Perincheril | Susquehanna | Maintains | Positive | $25.00 | – |
| Christopher Dendrino | RBC capital | Lower | Far surpass | $15.00 | $17.00 |
| Jordan Levy | Fiduciary Securities | Lower | Jack | $14.00 | $15.00 |
| Kashy Harrison | Piper Sandler | Lower | Overweight | $27.00 | $31.00 |
| Colin Rusch | Oppenheimer | Maintains | Far surpass | $19.00 | $19.00 |
| Meet Thakkar | BMO Capital | Raise | Market performance | $20.00 | $18.00 |
| Brian Lee | Goldman Sachs | Raise | Acquire | $21.00 | $20.00 |
| Jordan Levy | Fiduciary Securities | Raise | Jack | $15.00 | $10.00 |
Key Insights:
- Action taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they “maintain”, “raise” or “lower” their position, this indicates their reaction to recent developments related to Sunrun. This view provides a snapshot of analysts’ perspectives on the current state of the company.
- Assessment: Analyzing trends, analysts offer qualitative ratings, ranging from “Outperform” to “Underperform”. These ratings convey expectations for Sunrun’s relative performance relative to the broader market.
- Price targets: Analysts explore the dynamics of price targets, providing estimates for the future value of Sunrun stock. This examination reveals changes in analyst expectations over time.
Considering these analyst ratings alongside other financial indicators can offer a comprehensive understanding of Sunrun’s market position. Stay informed and make informed decisions with our ratings table.
Stay updated on Sunrun analysts’ ratings.
About Sunrun
Sunrun is engaged in the design, development, installation, sale, ownership and maintenance of residential solar energy systems in the United States. The company acquires customers directly and through relationships with various solar and strategic partners. Solar systems are built by Sunrun or Sunrun’s partners and are owned by the company. Sunrun customers typically enter into 20- to 25-year agreements to use its solar energy system. The company also sells solar energy systems and products, such as panels and racks, and generated solar cables to customers.
Sunrun: Insight into Financials
Market capitalization analysis: The company has a lower market capitalization profile, ranking below industry averages. This suggests a smaller scale than peers.
Revenue challenges: Sunrun’s revenue growth over 3 months has struggled. As of December 31, 2023, the company recorded a decline of approximately -15.2%. This indicates a decrease in top-line earnings. Compared to other companies in the industrial sector, the company faces challenges, achieving a lower growth rate than the average of its peers.
Net margin: Sunrun’s net margin falls below industry averages, indicating difficulty achieving strong profitability. With a clear margin of -67.78%, the company may face obstacles in managing costs effectively.
Return on equity (ROE): Sunrun’s ROE falls below industry averages, indicating challenges in using equity capital efficiently. With an ROE of -6.46%, the company may face obstacles in generating optimal returns for shareholders.
Return on Assets (ROA): Sunrun’s ROA is lower than industry averages, indicating challenges in using resources efficiently. With an ROA of -1.73%, the company may face obstacles in generating optimal returns from its assets.
Debt Management: Sunrun’s debt-to-equity ratio is significantly higher than the industry average. With a ratio of 2.12the company relies more on borrowed funds, indicating a higher level of financial risk.
Understand the relevance of analyst ratings
Analysts work in banking and financial systems and typically specialize in reporting on defined stocks or sectors. Analysts can participate in company conference calls and meetings, research company financial statements, and communicate with insiders to post “analyst ratings” for stocks. Analysts typically rate each stock once a quarter.
Some analysts also offer forecasts for useful metrics like earnings, revenue, and growth estimates to provide further guidance on what to do with certain tickers. It is important to keep in mind that although stock and sector analysts are specialists, they are also human and can only predict their beliefs to traders.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.