Sunrun (RUN) Stock Forecast, Price Target & Predictions
RUN Stock Forecast
Sunrun stock forecast is as follows: an average price target of $41.64 (represents a 214.03% upside from RUN’s last price of $13.26) and a rating consensus of 'Buy', based on 17 wall street analysts offering a 1-year stock forecast.
RUN Price Target
The average price target for Sunrun (RUN) is $41.64 based on 1-year price targets from 17 Wall Street analysts in the past 3 months, with a price target range of $82.00 to $14.00. This represents a potential 214.03% upside from RUN's last price of $13.26.
RUN Analyst Ratings
According to 17 Wall Street analysts, Sunrun's rating consensus is 'Buy'. The analyst rating breakdown for RUN stock is 0 'Strong Buy' (0.00%), 15 'Buy' (88.24%), 2 'Hold' (11.76%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Sunrun Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Apr 19, 2024 | Maheep Mandloi | Mizuho Securities | $23.00 | $10.11 | 127.50% | 73.45% |
| Apr 10, 2024 | Jordan Levy | Truist Financial | $14.00 | $11.84 | 18.29% | 5.58% |
| Mar 14, 2024 | Elvira Scotto | RBC Capital | $15.00 | $9.51 | 57.73% | 13.12% |
| Oct 04, 2023 | Jordan Levy | Truist Financial | $12.00 | $10.54 | 13.85% | -9.50% |
| Aug 17, 2023 | Sophie Karp | Loop Capital Markets | $24.00 | $14.54 | 65.06% | 81.00% |
| Apr 18, 2023 | Sophie Karp | Loop Capital Markets | $27.00 | $20.56 | 31.32% | 103.62% |
| Apr 18, 2023 | Sophie Karp | KeyBanc | $27.00 | $20.29 | 33.07% | 103.62% |
| Feb 03, 2023 | - | Wells Fargo | $31.00 | $27.80 | 11.49% | 133.79% |
| Jan 10, 2023 | - | Morgan Stanley | $65.00 | $23.49 | 176.71% | 390.20% |
| Dec 01, 2022 | - | Janney Montgomery | $30.00 | $31.59 | -5.02% | 126.24% |
The latest Sunrun stock forecast, released on Apr 19, 2024 by Maheep Mandloi from Mizuho Securities, set a price target of $23.00, which represents a 127.50% increase from the stock price at the time of the forecast ($10.11), and a 73.45% increase from RUN last price ($13.26).
Sunrun Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 2 | 5 |
| Avg Price Target | - | $18.50 | $17.60 |
| Last Closing Price | $13.26 | $13.26 | $13.26 |
| Upside/Downside | -100.00% | 39.52% | 32.73% |
In the current month, the average price target of Sunrun stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Sunrun's last price of $13.26. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Jun 14, 2024 | Morgan Stanley | Overweight | Overweight | Hold |
| May 09, 2024 | Susquehanna | Market Perform | Market Perform | Hold |
| Apr 05, 2024 | Truist Financial | Market Perform | Market Perform | Hold |
| Mar 15, 2024 | Truist Financial | Market Perform | Market Perform | Hold |
| Feb 22, 2024 | Sandler O'Neill | Market Perform | Market Perform | Hold |
| Dec 18, 2023 | Goldman Sachs | Buy | Buy | Hold |
| Oct 20, 2023 | Exane BNP Paribas | - | Outperform | Initialise |
| Sep 25, 2023 | Piper Sandler | Overweight | Overweight | Hold |
| Sep 25, 2023 | Wedbush | Outperform | Outperform | Hold |
| Sep 25, 2023 | Guggenheim | Buy | Buy | Hold |
Sunrun's last stock rating was published by Morgan Stanley on Jun 14, 2024. The company gave RUN a "Overweight" rating, the same as its previous rate.
Sunrun Financial Forecast
Sunrun Revenue Forecast
| Dec 28 | Oct 28 | Jul 28 | Mar 28 | Dec 27 | Oct 27 | Jul 27 | Mar 27 | Dec 26 | Oct 26 | Jul 26 | Mar 26 | Dec 25 | Oct 25 | Jul 25 | Mar 25 | Dec 24 | Oct 24 | Jul 24 | Mar 24 | Dec 23 | Oct 23 | Jul 23 | Mar 23 | Dec 22 | Oct 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $589.85M | $609.15M | - | - | $495.78M | $435.23M | $438.76M |
| Avg Forecast | $1.03B | $1.02B | $923.00M | $891.00M | $915.00M | $915.00M | $830.00M | $791.00M | $847.06M | $857.41M | $753.14M | $728.79M | $661.30M | $661.02M | $610.29M | $559.66M | $608.76M | $596.02M | $523.72M | $471.38M | $533.27M | $581.92M | $627.73M | $519.53M | $582.02M | $564.34M | $501.53M | $399.81M | $412.73M | $413.74M |
| High Forecast | $1.19B | $1.18B | $1.07B | $1.04B | $1.06B | $1.06B | $965.08M | $919.73M | $984.91M | $996.95M | $875.71M | $847.40M | $768.93M | $768.60M | $709.61M | $650.74M | $707.83M | $693.02M | $583.94M | $548.09M | $619.35M | $669.69M | $729.89M | $604.08M | $676.74M | $656.18M | $583.15M | $471.05M | $486.27M | $487.45M |
| Low Forecast | $841.96M | $833.76M | $756.69M | $730.46M | $750.14M | $750.14M | $680.45M | $648.48M | $694.44M | $702.92M | $617.44M | $597.48M | $542.15M | $541.92M | $500.33M | $458.82M | $499.07M | $488.63M | $458.70M | $386.44M | $388.08M | $477.17M | $514.63M | $425.92M | $477.15M | $462.66M | $411.16M | $321.32M | $331.70M | $332.51M |
| # Analysts | 6 | 11 | 6 | 6 | 7 | 8 | 7 | 10 | 10 | 7 | 12 | 7 | 6 | 6 | 7 | 6 | 7 | 10 | 14 | 5 | 11 | 19 | 9 | 9 | 8 | 8 | 12 | 16 | 18 | 9 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.14% | 1.05% | - | - | 1.24% | 1.05% | 1.06% |
Sunrun's average Quarter revenue forecast for Jul 23 based on 9 analysts is $627.73M, with a low forecast of $514.63M, and a high forecast of $729.89M. RUN's average Quarter revenue forecast represents a 6.42% increase compared to the company's last Quarter revenue of $589.85M (Mar 23).
Sunrun EBITDA Forecast
| Dec 28 | Oct 28 | Jul 28 | Mar 28 | Dec 27 | Oct 27 | Jul 27 | Mar 27 | Dec 26 | Oct 26 | Jul 26 | Mar 26 | Dec 25 | Oct 25 | Jul 25 | Mar 25 | Dec 24 | Oct 24 | Jul 24 | Mar 24 | Dec 23 | Oct 23 | Jul 23 | Mar 23 | Dec 22 | Oct 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 6 | 11 | 6 | 6 | 7 | 8 | 7 | 10 | 10 | 7 | 12 | 7 | 6 | 6 | 7 | 6 | 7 | 10 | 14 | 5 | 11 | 19 | 9 | 9 | 8 | 8 | 12 | 16 | 18 | 9 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $-129.59M | $-73.13M | - | - | $38.62M | $181.24M | $222.06M |
| Avg Forecast | $-116.99M | $-115.86M | $-105.15M | $-101.50M | $-104.24M | $-104.24M | $-94.55M | $-90.11M | $-96.50M | $-97.68M | $-85.80M | $-83.02M | $-75.34M | $-75.30M | $-69.52M | $-63.76M | $-69.35M | $-67.90M | $-59.66M | $67.21M | $-60.75M | $-66.29M | $-71.51M | $61.10M | $-66.30M | $-64.29M | $118.31M | $55.55M | $-47.02M | $145.05M |
| High Forecast | $-95.91M | $-94.98M | $-86.20M | $-83.21M | $-85.45M | $-85.45M | $-77.52M | $-73.87M | $-79.11M | $-80.08M | $-70.34M | $-68.06M | $-61.76M | $-61.74M | $-57.00M | $-52.27M | $-56.85M | $-55.66M | $-52.25M | $80.66M | $-44.21M | $-54.36M | $-58.63M | $73.32M | $-54.36M | $-52.71M | $141.97M | $66.66M | $-37.79M | $174.06M |
| Low Forecast | $-136.04M | $-134.71M | $-122.26M | $-118.02M | $-121.20M | $-121.20M | $-109.94M | $-104.78M | $-112.20M | $-113.57M | $-99.76M | $-96.53M | $-87.60M | $-87.56M | $-80.84M | $-74.13M | $-80.64M | $-78.95M | $-66.52M | $53.77M | $-70.56M | $-76.29M | $-83.15M | $48.88M | $-77.09M | $-74.75M | $94.65M | $44.44M | $-55.40M | $116.04M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -2.12% | 1.10% | - | - | 0.70% | -3.85% | 1.53% |
12 analysts predict RUN's average Quarter EBITDA for Jul 22 to be $118.31M, with a high of $141.97M and a low of $94.65M. This is 206.36% upper than Sunrun's previous annual EBITDA (Mar 22) of $38.62M.
Sunrun Net Income Forecast
| Dec 28 | Oct 28 | Jul 28 | Mar 28 | Dec 27 | Oct 27 | Jul 27 | Mar 27 | Dec 26 | Oct 26 | Jul 26 | Mar 26 | Dec 25 | Oct 25 | Jul 25 | Mar 25 | Dec 24 | Oct 24 | Jul 24 | Mar 24 | Dec 23 | Oct 23 | Jul 23 | Mar 23 | Dec 22 | Oct 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 6 | 11 | 6 | 6 | 7 | 8 | 7 | 10 | 10 | 7 | 12 | 7 | 6 | 6 | 7 | 6 | 7 | 10 | 14 | 5 | 11 | 19 | 9 | 9 | 8 | 8 | 12 | 16 | 18 | 9 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $-335.77M | $-327.91M | - | - | $-156.47M | $-321.47M | $24.13M |
| Avg Forecast | $-37.38M | $-32.98M | $-32.98M | $-41.78M | $-37.38M | $-32.98M | $-32.98M | $-39.58M | $-11.64M | $-8.09M | $-38.88M | $-47.05M | $-55.86M | $-41.05M | $-56.11M | $-82.72M | $-69.71M | $-48.01M | $-65.63M | $-54.98M | $-46.36M | $-21.69M | $-53.12M | $-49.98M | $1.27M | $-13.34M | $-15.66M | $-45.44M | $-107.47M | $15.76M |
| High Forecast | $-28.62M | $-25.26M | $-25.26M | $-31.99M | $-28.62M | $-25.26M | $-25.26M | $-30.31M | $-8.92M | $-6.19M | $-29.77M | $-36.03M | $-42.77M | $-31.43M | $-42.97M | $-63.34M | $-53.38M | $-36.77M | $96.52M | $-43.98M | $556.32M | $67.49M | $-40.68M | $-39.99M | $1.54M | $-10.21M | $-12.53M | $-36.35M | $-85.97M | $18.91M |
| Low Forecast | $-45.29M | $-39.96M | $-39.96M | $-50.62M | $-45.29M | $-39.96M | $-39.96M | $-47.95M | $-14.11M | $-9.80M | $-47.10M | $-57.01M | $-67.67M | $-49.74M | $-67.99M | $-100.22M | $-84.46M | $-58.17M | $-212.33M | $-65.98M | $-506.39M | $-119.31M | $-64.36M | $-59.98M | $974.91K | $-16.16M | $-18.79M | $-54.53M | $-128.96M | $12.61M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 6.72% | -257.57% | - | - | 3.44% | 2.99% | 1.53% |
Sunrun's average Quarter net income forecast for Dec 21 is $-107.47M, with a range of $-128.96M to $-85.97M. RUN's average Quarter net income forecast represents a -545.39% decrease compared to the company's last Quarter net income of $24.13M (Sep 21).
Sunrun SG&A Forecast
| Dec 28 | Oct 28 | Jul 28 | Mar 28 | Dec 27 | Oct 27 | Jul 27 | Mar 27 | Dec 26 | Oct 26 | Jul 26 | Mar 26 | Dec 25 | Oct 25 | Jul 25 | Mar 25 | Dec 24 | Oct 24 | Jul 24 | Mar 24 | Dec 23 | Oct 23 | Jul 23 | Mar 23 | Dec 22 | Oct 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 6 | 11 | 6 | 6 | 7 | 8 | 7 | 10 | 10 | 7 | 12 | 7 | 6 | 6 | 7 | 6 | 7 | 10 | 14 | 5 | 11 | 19 | 9 | 9 | 8 | 8 | 12 | 16 | 18 | 9 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $254.72M | $238.16M | - | - | $218.01M | $240.12M | $222.75M |
| Avg Forecast | $516.28M | $511.26M | $464.00M | $447.91M | $459.98M | $459.98M | $417.25M | $397.64M | $425.82M | $431.03M | $378.61M | $366.37M | $332.44M | $332.30M | $306.80M | $281.34M | $306.03M | $299.63M | $263.28M | $136.55M | $268.08M | $292.54M | $315.57M | $124.14M | $292.59M | $283.70M | $299.09M | $112.85M | $207.49M | $145.50M |
| High Forecast | $600.31M | $594.46M | $539.52M | $520.81M | $534.84M | $534.84M | $485.15M | $462.36M | $495.13M | $501.18M | $440.23M | $425.99M | $386.55M | $386.38M | $356.73M | $327.13M | $355.83M | $348.39M | $293.55M | $163.86M | $311.35M | $336.66M | $366.92M | $148.96M | $340.20M | $329.87M | $358.91M | $135.42M | $244.45M | $174.60M |
| Low Forecast | $423.26M | $419.14M | $380.40M | $367.21M | $377.10M | $377.10M | $342.07M | $326.00M | $349.10M | $353.37M | $310.39M | $300.36M | $272.54M | $272.43M | $251.52M | $230.65M | $250.89M | $245.64M | $230.59M | $109.24M | $195.09M | $239.88M | $258.71M | $99.31M | $239.87M | $232.58M | $239.27M | $90.28M | $166.75M | $116.40M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 2.05% | 0.81% | - | - | 1.93% | 1.16% | 1.53% |
Sunrun's average Quarter SG&A projection for Jul 23 is $315.57M, based on 9 Wall Street analysts, with a range of $258.71M to $366.92M. The forecast indicates a 23.89% rise compared to RUN last annual SG&A of $254.72M (Mar 23).
Sunrun EPS Forecast
| Dec 28 | Oct 28 | Jul 28 | Mar 28 | Dec 27 | Oct 27 | Jul 27 | Mar 27 | Dec 26 | Oct 26 | Jul 26 | Mar 26 | Dec 25 | Oct 25 | Jul 25 | Mar 25 | Dec 24 | Oct 24 | Jul 24 | Mar 24 | Dec 23 | Oct 23 | Jul 23 | Mar 23 | Dec 22 | Oct 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 6 | 11 | 6 | 6 | 7 | 8 | 7 | 10 | 10 | 7 | 12 | 7 | 6 | 6 | 7 | 6 | 7 | 10 | 14 | 5 | 11 | 19 | 9 | 9 | 8 | 8 | 12 | 16 | 18 | 9 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $-1.57 | $-1.54 | - | - | $-0.75 | $-1.55 | $0.12 |
| Avg Forecast | $-0.17 | $-0.15 | $-0.15 | $-0.19 | $-0.17 | $-0.15 | $-0.15 | $-0.18 | $-0.05 | $-0.04 | $-0.18 | $-0.21 | $-0.25 | $-0.19 | $-0.26 | $-0.38 | $-0.32 | $-0.22 | $-0.30 | $-0.37 | $-0.21 | $-0.10 | $-0.24 | $-0.12 | $0.01 | $-0.06 | $-0.12 | $-0.20 | $-0.12 | $-0.05 |
| High Forecast | $-0.13 | $-0.11 | $-0.11 | $-0.15 | $-0.13 | $-0.11 | $-0.11 | $-0.14 | $-0.04 | $-0.03 | $-0.14 | $-0.16 | $-0.19 | $-0.14 | $-0.20 | $-0.29 | $-0.24 | $-0.17 | $0.44 | $-0.29 | $2.53 | $0.31 | $-0.18 | $-0.09 | $0.01 | $-0.05 | $-0.09 | $-0.15 | $-0.09 | $-0.04 |
| Low Forecast | $-0.21 | $-0.18 | $-0.18 | $-0.23 | $-0.21 | $-0.18 | $-0.18 | $-0.22 | $-0.06 | $-0.04 | $-0.21 | $-0.26 | $-0.31 | $-0.23 | $-0.31 | $-0.46 | $-0.38 | $-0.26 | $-0.97 | $-0.45 | $-2.30 | $-0.54 | $-0.29 | $-0.15 | - | $-0.07 | $-0.15 | $-0.24 | $-0.15 | $-0.06 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 12.80% | -265.98% | - | - | 3.79% | 12.63% | -2.42% |
According to 18 Wall Street analysts, Sunrun's projected average Quarter EPS for Dec 21 is $-0.12, with a low estimate of $-0.15 and a high estimate of $-0.09. This represents a -202.31% decrease compared to RUN previous annual EPS of $0.12 (Sep 21).
Sunrun Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| SPWR | SunPower | $2.80 | $17.50 | 525.00% | Hold |
| SEDG | SolarEdge | $39.86 | $232.38 | 482.99% | Buy |
| NOVA | Sunnova Energy | $5.33 | $26.52 | 397.56% | Buy |
| RUN | Sunrun | $13.26 | $41.64 | 214.03% | Buy |
| MAXN | Maxeon Solar | $1.36 | $3.75 | 175.74% | Sell |
| ENPH | Enphase Energy | $124.61 | $216.17 | 73.48% | Buy |
| JKS | JinkoSolar | $23.61 | $38.75 | 64.13% | Hold |
| CSIQ | Canadian Solar | $17.04 | $24.00 | 40.85% | Buy |
| FSLR | First Solar | $273.61 | $221.16 | -19.17% | Buy |
RUN Forecast FAQ
Is Sunrun a good buy?
Yes, according to 17 Wall Street analysts, Sunrun (RUN) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 15 'Buy' recommendations, accounting for 88.24% of RUN's total ratings.
What is RUN's price target?
Sunrun (RUN) average price target is $41.64 with a range of $14 to $82, implying a 214.03% from its last price of $13.26. The data is based on 17 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Sunrun stock go up soon?
According to Wall Street analysts' prediction for RUN stock, the company can go up by 214.03% (from the last price of $13.26 to the average price target of $41.64), up by 518.40% based on the highest stock price target, and up by 5.58% based on the lowest stock price target.
Can Sunrun stock reach $20?
RUN's average twelve months analyst stock price target of $41.64 supports the claim that Sunrun can reach $20 in the near future.
What are Sunrun's analysts' financial forecasts?
Sunrun's analysts financial forecasts for the fiscal year (Dec 2027) are as follows: average revenue is $3.45B (high $4.01B, low $2.83B), average EBITDA is $-393M (high $-322M, low $-457M), average net income is $-143M (high $-109M, low $-173M), average SG&A $1.73B (high $2.02B, low $1.42B), and average EPS is $-0.65 (high $-0.498, low $-0.788). RUN's analysts financial forecasts for the fiscal year (Dec 2028) are as follows: average revenue is $3.86B (high $4.49B, low $3.16B), average EBITDA is $-440M (high $-360M, low $-511M), average net income is $-145M (high $-111M, low $-176M), average SG&A $1.94B (high $2.26B, low $1.59B), and average EPS is $-0.66 (high $-0.505, low $-0.8).
Did the RUN's actual financial results beat the analysts' financial forecasts?
Based on Sunrun's last annual report (Dec 2022), the company's revenue was $2.32B, beating the average analysts forecast of $2.05B by 13.37%. Apple's EBITDA was $49.51M, beating the average prediction of $43.27M by 14.44%. The company's net income was $-850M, beating the average estimation of $-73.157M by 1061.39%. Apple's SG&A was $934.63M, missing the average forecast of $988.23M by -5.42%. Lastly, the company's EPS was $-4.02, beating the average prediction of $-0.376 by 967.82%. In terms of the last quarterly report (Mar 2023), Sunrun's revenue was $589.85M, beating the average analysts' forecast of $519.53M by 13.54%. The company's EBITDA was $-130M, missing the average prediction of $61.1M by -312.08%. Sunrun's net income was $-336M, beating the average estimation of $-49.982M by 571.79%. The company's SG&A was $254.72M, beating the average forecast of $124.14M by 105.20%. Lastly, the company's EPS was $-1.57, beating the average prediction of $-0.123 by 1180.38%