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Sunrun (RUN) Stock Forecast, Price Target & Predictions

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RUN Stock Forecast

Sunrun stock forecast is as follows: an average price target of $23.17 (represents a 134.75% upside from RUN’s last price of $9.87) and a rating consensus of 'Buy', based on 25 wall street analysts offering a 1-year stock forecast.

RUN Price Target

The average price target for Sunrun (RUN) is $23.17 based on 1-year price targets from 25 Wall Street analysts in the past 3 months, with a price target range of $35.00 to $11.00. This represents a potential 134.75% upside from RUN's last price of $9.87.

RUN Analyst Ratings

Buy

According to 25 Wall Street analysts, Sunrun's rating consensus is 'Buy'. The analyst rating breakdown for RUN stock is 0 'Strong Buy' (0.00%), 17 'Buy' (68.00%), 8 'Hold' (32.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

Sunrun Price Target by Analyst

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Nov 11, 2024Ameet ThakkarBMO Capital$11.00$16.51-33.37%11.45%
Oct 16, 2024Biju PerincherilSusquehanna$23.00$15.0952.42%133.03%
Sep 24, 2024Brian LeeGoldman Sachs$20.00$19.174.33%102.63%
Sep 24, 2024Andrew PercocoNew Street$35.00$18.9185.09%254.61%
Sep 03, 2024Julien Dumoulin-SmithJefferies$31.00$18.5167.48%214.08%
Aug 21, 2024Andrew PercocoMorgan Stanley$35.00$19.0983.34%254.61%
Aug 08, 2024Corinne BlanchardDeutsche Bank$16.50$19.28-14.43%67.17%
Aug 07, 2024Jordan LevyTruist Financial$18.00$18.25-1.40%82.37%
Aug 07, 2024Ameet ThakkarBMO Capital$20.00$18.349.08%102.63%
Jul 23, 2024Christine ChoBarclays$19.00$16.9412.16%92.50%
Apr 19, 2024Maheep MandloiMizuho Securities$23.00$10.11127.50%133.03%
Apr 10, 2024Jordan LevyTruist Financial$14.00$11.8418.29%41.84%
Mar 14, 2024Elvira ScottoRBC Capital$15.00$9.5157.73%51.98%
Oct 04, 2023Jordan LevyTruist Financial$12.00$10.5413.85%21.58%
Aug 17, 2023Sophie KarpLoop Capital Markets$24.00$14.5465.06%143.16%
Apr 18, 2023Sophie KarpLoop Capital Markets$27.00$20.5631.32%173.56%
Apr 18, 2023Sophie KarpKeyBanc$27.00$20.2933.07%173.56%
Feb 03, 2023Wells Fargo$31.00$27.8011.49%214.08%
Jan 10, 2023Morgan Stanley$65.00$23.49176.71%558.56%
Dec 01, 2022Janney Montgomery$30.00$31.59-5.02%203.95%
Nov 15, 2022Deutsche Bank$36.00$29.6721.33%264.74%
Nov 11, 2022RBC Capital$42.00$30.4837.80%325.53%
Aug 18, 2022Morgan Stanley$79.00$35.35123.48%700.41%
Aug 08, 2022J.P. Morgan$65.00$34.8586.52%558.56%
Aug 04, 2022BMO Capital$40.00$31.8225.71%305.27%
Aug 04, 2022Goldman Sachs$40.00$32.1324.50%305.27%
Aug 04, 2022Piper Sandler$30.00$30.74-2.41%203.95%
Aug 03, 2022Philip ShenRoth Capital$30.00$30.74-2.41%203.95%
Jul 20, 2022J.P. Morgan$52.00$25.25105.94%426.85%
Jun 20, 2022Brian LeeGoldman Sachs$36.00$23.8351.07%264.74%
Jun 13, 2022Morgan Stanley$70.00$22.92205.41%609.22%
Feb 07, 2022Gordon JohnsonGLJ Research$16.15$23.89-32.40%63.63%
Feb 02, 2022Maheep MandloiCredit Suisse$70.00$24.78182.49%609.22%
Jan 31, 2022Brian K. LeeGoldman Sachs$37.00$25.9342.69%274.87%
Jan 26, 2022Julien Dumoulin SmithBank of America Securities$56.00$24.82125.62%467.38%
Jan 24, 2022Tristan RichardsonTruist Financial$52.00$27.0492.31%426.85%
Dec 23, 2021Dimitry KhmelnitskyVeritas Investment Research$20.00$34.65-42.28%102.63%
Nov 05, 2021Jon WindhamUBS$55.00$56.19-2.12%457.24%
Jul 20, 2021Moses SuttonBarclays$80.00$50.5158.38%710.54%
Jun 24, 2021Gail NicholsonStephens$82.00$52.8455.19%730.80%
May 06, 2021Colin RuschOppenheimer$67.00$46.7343.38%578.82%

The latest Sunrun stock forecast, released on Nov 11, 2024 by Ameet Thakkar from BMO Capital, set a price target of $11.00, which represents a -33.37% decrease from the stock price at the time of the forecast ($16.51), and a 11.45% increase from RUN last price ($9.87).

Sunrun Price Target by Period

1M3M12M
# Anlaysts-413
Avg Price Target-$22.25$21.58
Last Closing Price$9.87$9.87$9.87
Upside/Downside-100.00%125.43%118.64%

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 $9.87. 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

DateCompanyPrevious RatingNew RatingRating Change
Oct 28, 2024GLJ ResearchHoldUpgrade
Oct 16, 2024SusquehannaPositivePositiveHold
Sep 24, 2024Goldman SachsBuyBuyHold
Sep 24, 2024UBSMarket PerformMarket PerformHold
Sep 24, 2024SusquehannaUnderperformUnderperformHold
Sep 03, 2024JefferiesBuyBuyHold
Sep 03, 2024JefferiesHoldBuyInitialise
Aug 21, 2024Morgan StanleyOverweightOverweightHold
Aug 08, 2024Deutsche BankHoldHoldHold
Aug 07, 2024UBSNeutralNeutralHold
Aug 07, 2024Evercore ISIOutperformOutperformHold
Aug 07, 2024BMO CapitalMarket PerformMarket PerformHold
Aug 07, 2024OppenheimerOutperformOutperformHold
Aug 07, 2024Piper SandlerOverweightOverweightHold
Jul 23, 2024BarclaysEqual-WeightEqual-WeightHold
Jun 14, 2024SusquehannaBuyBuyHold
Jun 14, 2024Morgan StanleyOverweightOverweightHold
May 09, 2024SusquehannaMarket PerformMarket PerformHold
Apr 05, 2024Truist FinancialMarket PerformMarket PerformHold
Mar 15, 2024Truist FinancialMarket PerformMarket PerformHold
Feb 22, 2024Sandler O'NeillMarket PerformMarket PerformHold
Dec 18, 2023Goldman SachsBuyBuyHold
Oct 20, 2023Exane BNP ParibasOutperformInitialise
Sep 25, 2023Piper SandlerOverweightOverweightHold
Sep 25, 2023GuggenheimBuyBuyHold
Sep 25, 2023WedbushOutperformOutperformHold
Aug 30, 2023CitigroupNeutralBuyUpgrade
Aug 17, 2023KeyBancOverweightOverweightHold
Apr 22, 2023CitigroupNeutralNeutralHold
Apr 18, 2023KeyBancBuyOverweightUpgrade
Feb 03, 2023Wells FargoOverweightOverweightHold
Jan 10, 2023Morgan StanleyOverweightOverweightHold
Jan 06, 2023Wells FargoOverweightUpgrade
Dec 01, 2022Janney MontgomeryNeutralInitialise
Nov 15, 2022Deutsche BankBuyInitialise
Sep 28, 2022JefferiesHoldInitialise
Sep 28, 2022Northland SecuritiesBuyInitialise
Sep 06, 2022Bank of America SecuritiesBuyBuyHold
Aug 18, 2022Morgan StanleyOverweightOverweightHold
Aug 04, 2022BMO CapitalOutperformOutperformHold
Aug 04, 2022Goldman SachsBuyBuyHold
Aug 04, 2022Piper SandlerNeutralNeutralHold
Jul 20, 2022Roth CapitalBuyBuyHold
Jul 19, 2022Sandler O'NeillNeutralDowngrade
Jun 20, 2022Goldman SachsBuyBuyHold
Jun 13, 2022Morgan StanleyOverweightOverweightHold
Feb 18, 2022Wolfe ResearchOutperformOutperformHold
Jun 17, 2021Morgan StanleyOverweightOverweightHold
Dec 31, 2020KeyBancBuyBuyHold

Sunrun's last stock rating was published by GLJ Research on Oct 28, 2024. The company Upgrade its RUN rating from "null" to "Hold".

Sunrun Financial Forecast

Sunrun Revenue Forecast

Dec 28Sep 28Jun 28Mar 28Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21
Revenue---------------------$563.18M$590.19M$589.85M$609.15M$631.91M$584.58M$495.78M$435.23M$438.76M
Avg Forecast$999.00M$992.00M$903.00M$843.00M$834.06M$853.96M$794.59M$712.77M$727.81M$720.58M$658.09M$592.75M$614.27M$622.70M$578.00M$520.33M$546.30M$565.56M$516.75M$471.38M$533.27M$581.92M$627.73M$519.53M$582.02M$564.34M$501.53M$399.81M$412.73M$413.74M
High Forecast$1.22B$1.21B$1.11B$1.03B$1.02B$1.05B$972.95M$872.77M$891.18M$882.33M$805.81M$725.81M$752.16M$762.48M$707.74M$672.27M$667.30M$567.16M$516.75M$471.38M$619.35M$669.69M$768.64M$636.15M$712.66M$564.34M$501.53M$399.81M$412.73M$413.74M
Low Forecast$900.19M$893.88M$813.69M$759.62M$751.56M$769.50M$716.00M$642.27M$655.82M$649.31M$593.00M$534.12M$553.52M$561.11M$520.83M$464.09M$441.99M$563.95M$516.74M$471.38M$388.08M$477.17M$565.64M$468.14M$524.45M$564.34M$501.53M$399.81M$412.73M$413.74M
# Analysts4854585510755854111375101119189881115179
Surprise %---------------------0.97%0.94%1.14%1.05%1.12%1.17%1.24%1.05%1.06%

Sunrun's average Quarter revenue forecast for Dec 23 based on 11 analysts is $533.27M, with a low forecast of $388.08M, and a high forecast of $619.35M. RUN's average Quarter revenue forecast represents a -5.31% decrease compared to the company's last Quarter revenue of $563.18M (Sep 23).

Sunrun EBITDA Forecast

Dec 28Sep 28Jun 28Mar 28Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21
# Analysts4854585510755854111375101119189881115179
EBITDA---------------------$26.95M$-205.94M$-129.59M$-73.13M$80.33M$3.69M$38.62M$181.24M$222.06M
Avg Forecast$-209.45M$-207.99M$-189.33M$-176.75M$-174.87M$-179.04M$-166.60M$-149.44M$-152.59M$-151.08M$-137.98M$-124.28M$-128.79M$-130.56M$-121.19M$-109.09M$-114.54M$-118.58M$-108.34M$67.21M$-111.81M$-122.01M$-131.61M$61.10M$556.23M$-64.29M$-57.13M$55.55M$-47.02M$-47.13M
High Forecast$-188.74M$-187.41M$-170.60M$-159.26M$-157.58M$-161.34M$-150.12M$-134.66M$-137.50M$-136.14M$-124.33M$-111.99M$-116.05M$-117.64M$-109.20M$-97.30M$-92.67M$-118.24M$-108.34M$80.66M$-81.37M$-100.05M$-118.59M$73.32M$667.47M$-64.29M$-57.13M$66.66M$-47.02M$-47.13M
Low Forecast$-256.47M$-254.67M$-231.82M$-216.42M$-214.13M$-219.23M$-203.99M$-182.99M$-186.85M$-184.99M$-168.95M$-152.18M$-157.70M$-159.86M$-148.39M$-140.95M$-139.91M$-118.91M$-108.34M$53.77M$-129.85M$-140.41M$-161.16M$48.88M$444.98M$-64.29M$-57.13M$44.44M$-47.02M$-47.13M
Surprise %----------------------0.22%1.56%-2.12%-0.13%-1.25%-0.06%0.70%-3.85%-4.71%

11 analysts predict RUN's average Quarter EBITDA for Dec 23 to be $-111.81M, with a high of $-81.37M and a low of $-129.85M. This is -514.84% lower than Sunrun's previous annual EBITDA (Sep 23) of $26.95M.

Sunrun Net Income Forecast

Dec 28Sep 28Jun 28Mar 28Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21
# Analysts4854585510755854111375101119189881115179
Net Income---------------------$-1.07B$-340.72M$-335.77M$-327.91M$210.56M$-209.76M$-156.47M$-321.47M$24.13M
Avg Forecast$-33.55M$-38.03M$-33.55M$-38.03M$-33.55M$-38.03M$-33.55M$-35.79M$-47.07M$-36.78M$-58.91M$-62.21M$-47.83M$-51.96M$-61.19M$-88.28M$-62.45M$-19.34M$-73.51M$-54.98M$-47.16M$-22.07M$-54.04M$-49.98M$-118.21M$-15.47M$-31.53M$-45.44M$-31.32M$-12.67M
High Forecast$-29.24M$-33.14M$-29.24M$-33.14M$-29.24M$-33.14M$-29.24M$-31.19M$-41.02M$-32.05M$-51.34M$-54.21M$-41.68M$-45.28M$-53.32M$3.15M$507.96M$-16.85M$-64.06M$-43.98M$565.97M$68.66M$-47.09M$-39.99M$-94.57M$-15.47M$-31.53M$-36.35M$-31.32M$-12.67M
Low Forecast$-43.35M$-49.13M$-43.35M$-49.13M$-43.35M$-49.13M$-43.35M$-46.24M$-60.80M$-47.52M$-76.11M$-80.36M$-61.79M$-67.12M$-79.04M$-170.25M$-353.90M$-24.98M$-94.96M$-65.98M$-515.17M$-121.38M$-69.81M$-59.98M$-141.86M$-15.47M$-31.53M$-54.53M$-31.32M$-12.67M
Surprise %---------------------48.46%6.31%6.72%2.77%-13.61%6.65%3.44%10.26%-1.90%

Sunrun's average Quarter net income forecast for Dec 22 is $-118.21M, with a range of $-141.86M to $-94.57M. RUN's average Quarter net income forecast represents a -156.14% decrease compared to the company's last Quarter net income of $210.56M (Sep 22).

Sunrun SG&A Forecast

Dec 28Sep 28Jun 28Mar 28Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21
# Analysts4854585510755854111375101119189881115179
SG&A---------------------$224.80M$251.24M$254.72M$238.16M$241.09M$237.37M$218.01M$240.12M$222.75M
Avg Forecast$502.21M$498.69M$453.95M$423.78M$419.29M$429.29M$399.45M$358.32M$365.88M$362.24M$330.83M$297.98M$308.80M$313.04M$290.57M$261.57M$274.63M$284.31M$259.77M$136.55M$268.08M$292.54M$315.57M$124.14M$292.59M$283.70M$252.12M$112.85M$207.49M$207.99M
High Forecast$614.94M$610.63M$555.84M$518.91M$513.41M$525.66M$489.11M$438.75M$448.00M$443.56M$405.09M$364.87M$378.12M$383.30M$355.79M$337.96M$335.46M$285.12M$259.78M$163.86M$311.35M$336.66M$386.40M$148.96M$358.26M$283.70M$252.12M$135.42M$207.49M$207.99M
Low Forecast$452.53M$449.36M$409.05M$381.87M$377.82M$386.83M$359.94M$322.88M$329.69M$326.42M$298.11M$268.51M$278.26M$282.07M$261.83M$233.30M$222.19M$283.50M$259.77M$109.24M$195.09M$239.88M$284.35M$99.31M$263.65M$283.70M$252.12M$90.28M$207.49M$207.99M
Surprise %---------------------0.77%0.80%2.05%0.81%0.85%0.94%1.93%1.16%1.07%

Sunrun's average Quarter SG&A projection for Dec 23 is $268.08M, based on 11 Wall Street analysts, with a range of $195.09M to $311.35M. The forecast indicates a 19.25% rise compared to RUN last annual SG&A of $224.80M (Sep 23).

Sunrun EPS Forecast

Dec 28Sep 28Jun 28Mar 28Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21
# Analysts4854585510755854111375101119189881115179
EPS---------------------$-4.92$-1.58$-1.57$-1.54$0.99$-0.99$-0.75$-1.55$0.12
Avg Forecast$-0.15$-0.17$-0.15$-0.17$-0.15$-0.17$-0.15$-0.16$-0.21$-0.16$-0.26$-0.28$-0.21$-0.23$-0.27$-0.39$-0.28$-0.09$-0.33$-0.37$-0.21$-0.10$-0.24$-0.12$0.01$-0.06$-0.12$-0.20$-0.12$-0.05
High Forecast$-0.13$-0.15$-0.13$-0.15$-0.13$-0.15$-0.13$-0.14$-0.18$-0.14$-0.23$-0.24$-0.19$-0.20$-0.24$0.01$2.27$-0.08$-0.29$-0.33$2.53$0.31$-0.21$-0.11$0.01$-0.06$-0.12$-0.20$-0.12$-0.05
Low Forecast$-0.19$-0.22$-0.19$-0.22$-0.19$-0.22$-0.19$-0.21$-0.27$-0.21$-0.34$-0.36$-0.28$-0.30$-0.35$-0.76$-1.58$-0.11$-0.42$-0.48$-2.30$-0.54$-0.31$-0.16$0.01$-0.06$-0.12$-0.20$-0.12$-0.05
Surprise %---------------------49.87%6.54%12.80%-265.98%-16.32%8.01%3.79%12.63%-2.42%

According to 8 Wall Street analysts, Sunrun's projected average Quarter EPS for Dec 22 is $0.01, with a low estimate of $0.01 and a high estimate of $0.01. This represents a -99.42% decrease compared to RUN previous annual EPS of $0.99 (Sep 22).

Sunrun Peer Comparison by Price Target

TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
NOVASunnova Energy$4.20$10.22143.33%Buy
RUNSunrun$10.06$23.17130.32%Buy
SEDGSolarEdge$14.37$26.6085.11%Hold
CSIQCanadian Solar$11.67$17.6751.41%Buy
FSLRFirst Solar$188.27$275.5046.33%Buy
ENPHEnphase Energy$73.40$106.2744.78%Buy
JKSJinkoSolar$26.56$20.00-24.70%Sell
MAXNMaxeon Solar$6.15$3.75-39.02%Sell

RUN Forecast FAQ

Is Sunrun a good buy?

Yes, according to 25 Wall Street analysts, Sunrun (RUN) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 17 'Buy' recommendations, accounting for 68.00% of RUN's total ratings.

What is RUN's price target?

Sunrun (RUN) average price target is $23.17 with a range of $11 to $35, implying a 134.75% from its last price of $9.87. The data is based on 25 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 134.75% (from the last price of $9.87 to the average price target of $23.17), up by 254.61% based on the highest stock price target, and up by 11.45% based on the lowest stock price target.

Can Sunrun stock reach $15?

RUN's average twelve months analyst stock price target of $23.17 supports the claim that Sunrun can reach $15 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 $3.2B (high $3.91B, low $2.88B), average EBITDA is $-670M (high $-604M, low $-820M), average net income is $-141M (high $-123M, low $-182M), average SG&A $1.61B (high $1.97B, low $1.45B), and average EPS is $-0.63 (high $-0.549, low $-0.814). RUN's analysts financial forecasts for the fiscal year (Dec 2028) are as follows: average revenue is $3.74B (high $4.58B, low $3.37B), average EBITDA is $-784M (high $-706M, low $-959M), average net income is $-143M (high $-125M, low $-185M), average SG&A $1.88B (high $2.3B, low $1.69B), and average EPS is $-0.64 (high $-0.558, low $-0.827).

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, missing the average prediction of $490.35M by -89.90%. The company's net income was $-850M, beating the average estimation of $-211M by 303.33%. Apple's SG&A was $934.63M, missing the average forecast of $941.26M by -0.70%. 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 (Sep 2023), Sunrun's revenue was $563.18M, missing the average analysts' forecast of $581.92M by -3.22%. The company's EBITDA was $26.95M, missing the average prediction of $-122M by -122.09%. Sunrun's net income was $-1.069B, beating the average estimation of $-22.07M by 4745.81%. The company's SG&A was $224.8M, missing the average forecast of $292.54M by -23.15%. Lastly, the company's EPS was $-4.92, beating the average prediction of $-0.0987 by 4886.82%