Sunrun (RUN)

• Market cap: $1.51B
• 1 day: -7.14%
• 5 days: 0.88%
• 1 month: 17.58%
• 3 months: -26.86%
• 6 months: -51.10%
• Year to date: -32.52%
• 1 year: -33.04%
• 5 years: -50.89%
• 10 years: -36.03%
• Sector: Technology
• Industry: Solar

About: 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. The solar systems are constructed either by Sunrun or by Sunrun's partners and are owned by the company. Sunrun's customers typically enter into 20- to 25-year agreements to utilize its solar energy system. The company also sells solar energy systems and products, such as panels and racking, and solar leads generated to customers.

Employees: 11,058

Fund manager confidence

Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)

2.34% more ownership

Funds ownership: 106.13% [Q3] → 108.47% (+2.34%) [Q4]

8% less call options, than puts

Call options by funds: $208M | Put options by funds: $226M

9% less funds holding

Funds holding: 432 [Q3] → 391 (-41) [Q4]

14% less repeat investments, than reductions

Existing positions increased: 125 | Existing positions reduced: 146

25% less funds holding in top 10

Funds holding in top 10: 4 [Q3] → 3 (-1) [Q4]

37% less first-time investments, than exits

New positions opened: 62 | Existing positions closed: 98

47% less capital invested

Capital invested by funds: $4.28B [Q3] → $2.26B (-$2.03B) [Q4]

Research analyst outlook

8 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $6 13% downside
• Avg. target: $10.50 52% upside
• High target: $15 118% upside

8 analyst ratings

• positive: 4 50%
• neutral: 4 50%
• negative: 0 0%

Citigroup Vikram Bagri 42% 1-year accuracy 5 / 12 met price target	2% upside $7	Neutral Downgraded	17 Apr 2025
Truist Securities Jordan Levy 23% 1-year accuracy 9 / 40 met price target	13% downside $6	Hold Reiterated	16 Apr 2025
Susquehanna Biju Perincheril 24% 1-year accuracy 15 / 63 met price target	45% upside $10	Positive Maintained	14 Apr 2025
Jefferies Julien Dumoulin-Smith 58% 1-year accuracy 47 / 81 met price target	16% upside $8	Hold Downgraded	12 Mar 2025
UBS Jon Windham 31% 1-year accuracy 8 / 26 met price target	118% upside $15	Buy Maintained	4 Mar 2025