Sunrun (RUN) Stock Forecast, Price Target & Predictions
RUN Stock Forecast
Sunrun stock forecast is as follows: an average price target of $33.99 (represents a 232.26% upside from RUN’s last price of $10.23) 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 $33.99 based on 1-year price targets from 25 Wall Street analysts in the past 3 months, with a price target range of $82.00 to $11.00. This represents a potential 232.26% upside from RUN's last price of $10.23.
RUN Analyst Ratings
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
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Nov 11, 2024 | Ameet Thakkar | BMO Capital | $11.00 | $16.51 | -33.37% | 7.53% |
| Oct 16, 2024 | Biju Perincheril | Susquehanna | $23.00 | $15.09 | 52.42% | 124.83% |
| Sep 24, 2024 | Brian Lee | Goldman Sachs | $20.00 | $19.17 | 4.33% | 95.50% |
| Sep 24, 2024 | Andrew Percoco | New Street | $35.00 | $18.91 | 85.09% | 242.13% |
| Sep 03, 2024 | Julien Dumoulin-Smith | Jefferies | $31.00 | $18.51 | 67.48% | 203.03% |
| Aug 21, 2024 | Andrew Percoco | Morgan Stanley | $35.00 | $19.09 | 83.34% | 242.13% |
| Aug 08, 2024 | Corinne Blanchard | Deutsche Bank | $16.50 | $19.28 | -14.43% | 61.29% |
| Aug 07, 2024 | Jordan Levy | Truist Financial | $18.00 | $18.25 | -1.40% | 75.95% |
| Aug 07, 2024 | Ameet Thakkar | BMO Capital | $20.00 | $18.34 | 9.08% | 95.50% |
| Jul 23, 2024 | Christine Cho | Barclays | $19.00 | $16.94 | 12.16% | 85.73% |
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 7.53% increase from RUN last price ($10.23).
Sunrun Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 2 | 6 | 13 |
| Avg Price Target | $17.00 | $25.83 | $21.58 |
| Last Closing Price | $10.23 | $10.23 | $10.23 |
| Upside/Downside | 66.18% | 152.49% | 110.95% |
In the current month, the average price target of Sunrun stock is $17.00, according to 2 Wall Street analysts offering twelve months forecast. The average price target represents a 66.18% increase as opposed to Sunrun's last price of $10.23. This month's average price target is down -34.19% compared to last quarter, and down -21.22% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Oct 28, 2024 | GLJ Research | - | Hold | Upgrade |
| Oct 16, 2024 | Susquehanna | Positive | Positive | Hold |
| Sep 24, 2024 | Goldman Sachs | Buy | Buy | Hold |
| Sep 24, 2024 | UBS | Market Perform | Market Perform | Hold |
| Sep 24, 2024 | Susquehanna | Underperform | Underperform | Hold |
| Sep 03, 2024 | Jefferies | Buy | Buy | Hold |
| Sep 03, 2024 | Jefferies | Hold | Buy | Initialise |
| Aug 21, 2024 | Morgan Stanley | Overweight | Overweight | Hold |
| Aug 08, 2024 | Deutsche Bank | Hold | Hold | Hold |
| Aug 07, 2024 | UBS | Neutral | Neutral | Hold |
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 28 | Sep 28 | Jun 28 | Mar 28 | Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $563.18M | $590.19M | $589.85M | $609.15M | $631.91M | $584.58M | $495.78M | $435.23M | $438.76M |
| Avg Forecast | $1.09B | $1.02B | $972.00M | $904.00M | $877.06M | $869.46M | $826.09M | $740.77M | $739.00M | $721.28M | $661.43M | $611.04M | $629.21M | $629.80M | $589.44M | $535.24M | $556.08M | $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 | $1.34B | $1.26B | $1.19B | $1.11B | $1.08B | $1.07B | $1.02B | $910.46M | $908.28M | $886.50M | $812.94M | $751.00M | $773.34M | $774.06M | $724.46M | $663.49M | $665.95M | $567.16M | $516.75M | $471.38M | $619.35M | $669.69M | $771.52M | $638.53M | $715.33M | $564.34M | $501.53M | $399.81M | $412.73M | $413.74M |
| Low Forecast | $939.52M | $881.82M | $837.04M | $778.48M | $755.28M | $748.74M | $711.39M | $637.92M | $636.39M | $621.14M | $569.59M | $526.20M | $541.85M | $542.35M | $507.60M | $458.03M | $488.40M | $563.95M | $516.74M | $471.38M | $388.08M | $477.17M | $540.57M | $447.39M | $501.20M | $564.34M | $501.53M | $399.81M | $412.73M | $413.74M |
| # Analysts | 5 | 5 | 5 | 5 | 6 | 6 | 6 | 6 | 9 | 9 | 9 | 9 | 5 | 5 | 5 | 12 | 15 | 7 | 5 | 10 | 11 | 19 | 18 | 9 | 8 | 8 | 11 | 15 | 17 | 9 |
| 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 28 | Sep 28 | Jun 28 | Mar 28 | Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 5 | 5 | 5 | 5 | 6 | 6 | 6 | 6 | 9 | 9 | 9 | 9 | 5 | 5 | 5 | 12 | 15 | 7 | 5 | 10 | 11 | 19 | 18 | 9 | 8 | 8 | 11 | 15 | 17 | 9 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $26.95M | $-205.94M | $-129.59M | $-73.13M | $80.33M | $3.69M | $38.62M | $181.24M | $222.06M |
| Avg Forecast | $-124.29M | $-116.65M | $-110.73M | $-102.98M | $-99.91M | $-99.05M | $-94.11M | $-84.39M | $-84.19M | $-82.17M | $-75.35M | $-69.61M | $-71.68M | $-71.75M | $-67.15M | $-60.97M | $-63.35M | $-64.43M | $-58.87M | $67.21M | $-60.75M | $-66.29M | $-71.51M | $61.10M | $556.23M | $-64.29M | $-57.13M | $55.55M | $-47.02M | $-47.13M |
| High Forecast | $-107.03M | $-100.46M | $-95.35M | $-88.68M | $-86.04M | $-85.30M | $-81.04M | $-72.67M | $-72.50M | $-70.76M | $-64.89M | $-59.94M | $-61.73M | $-61.78M | $-57.83M | $-52.18M | $-55.64M | $-64.24M | $-58.87M | $80.66M | $-44.21M | $-54.36M | $-61.58M | $73.32M | $667.47M | $-64.29M | $-57.13M | $66.66M | $-47.02M | $-47.13M |
| Low Forecast | $-152.75M | $-143.37M | $-136.09M | $-126.57M | $-122.80M | $-121.74M | $-115.66M | $-103.72M | $-103.47M | $-100.99M | $-92.61M | $-85.55M | $-88.10M | $-88.18M | $-82.53M | $-75.58M | $-75.86M | $-64.61M | $-58.87M | $53.77M | $-70.56M | $-76.29M | $-87.89M | $48.88M | $444.98M | $-64.29M | $-57.13M | $44.44M | $-47.02M | $-47.13M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -0.41% | 2.88% | -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 $-60.75M, with a high of $-44.21M and a low of $-70.56M. This is -325.40% lower than Sunrun's previous annual EBITDA (Sep 23) of $26.95M.
Sunrun Net Income Forecast
| Dec 28 | Sep 28 | Jun 28 | Mar 28 | Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 5 | 5 | 5 | 5 | 6 | 6 | 6 | 6 | 9 | 9 | 9 | 9 | 5 | 5 | 5 | 12 | 15 | 7 | 5 | 10 | 11 | 19 | 18 | 9 | 8 | 8 | 11 | 15 | 17 | 9 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $-1.07B | $-340.72M | $-335.77M | $-327.91M | $210.56M | $-209.76M | $-156.47M | $-321.47M | $24.13M |
| Avg Forecast | $-33.55M | $-33.55M | $-33.55M | $-35.79M | $-33.55M | $-31.32M | $-31.32M | $-33.55M | $-46.27M | $-33.96M | $-57.18M | $-58.26M | $-58.16M | $-58.19M | $-58.84M | $-83.32M | $-53.21M | $-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 | $-27.50M | $-27.50M | $-27.50M | $-29.33M | $-27.50M | $-25.66M | $-25.66M | $-27.50M | $-37.92M | $-27.83M | $-46.86M | $-47.75M | $-47.66M | $-47.69M | $-48.22M | $-6.41M | $61.19M | $-15.85M | $-60.24M | $-43.98M | $565.97M | $68.66M | $-44.28M | $-39.99M | $-94.57M | $-15.47M | $-31.53M | $-36.35M | $-31.32M | $-12.67M |
| Low Forecast | $-43.55M | $-43.55M | $-43.55M | $-46.45M | $-43.55M | $-40.64M | $-40.64M | $-43.55M | $-60.05M | $-44.07M | $-74.21M | $-75.61M | $-75.48M | $-75.51M | $-76.36M | $-157.02M | $-226.12M | $-25.10M | $-95.40M | $-65.98M | $-515.17M | $-121.38M | $-70.13M | $-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 28 | Sep 28 | Jun 28 | Mar 28 | Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 5 | 5 | 5 | 5 | 6 | 6 | 6 | 6 | 9 | 9 | 9 | 9 | 5 | 5 | 5 | 12 | 15 | 7 | 5 | 10 | 11 | 19 | 18 | 9 | 8 | 8 | 11 | 15 | 17 | 9 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $224.80M | $251.24M | $254.72M | $238.16M | $241.09M | $237.37M | $218.01M | $240.12M | $222.75M |
| Avg Forecast | $548.46M | $514.77M | $488.63M | $454.45M | $440.91M | $437.09M | $415.28M | $372.39M | $371.50M | $362.60M | $332.51M | $307.18M | $316.31M | $316.61M | $296.32M | $269.07M | $279.55M | $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 | $674.09M | $632.69M | $600.56M | $558.55M | $541.90M | $537.20M | $510.41M | $457.70M | $456.60M | $445.65M | $408.67M | $377.54M | $388.76M | $389.13M | $364.19M | $333.54M | $334.78M | $285.12M | $259.78M | $163.86M | $311.35M | $336.66M | $387.85M | $148.96M | $359.60M | $283.70M | $252.12M | $135.42M | $207.49M | $207.99M |
| Low Forecast | $472.30M | $443.30M | $420.79M | $391.35M | $379.69M | $376.40M | $357.62M | $320.69M | $319.92M | $312.25M | $286.34M | $264.52M | $272.39M | $272.65M | $255.18M | $230.26M | $245.53M | $283.50M | $259.77M | $109.24M | $195.09M | $239.88M | $271.75M | $99.31M | $251.96M | $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 28 | Sep 28 | Jun 28 | Mar 28 | Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 5 | 5 | 5 | 5 | 6 | 6 | 6 | 6 | 9 | 9 | 9 | 9 | 5 | 5 | 5 | 12 | 15 | 7 | 5 | 10 | 11 | 19 | 18 | 9 | 8 | 8 | 11 | 15 | 17 | 9 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $-4.92 | $-1.58 | $-1.57 | $-1.54 | $0.99 | $-0.99 | $-0.75 | $-1.55 | $0.12 |
| Avg Forecast | $-0.15 | $-0.15 | $-0.15 | $-0.16 | $-0.15 | $-0.14 | $-0.14 | $-0.15 | $-0.21 | $-0.15 | $-0.26 | $-0.26 | $-0.26 | $-0.26 | $-0.26 | $-0.37 | $-0.24 | $-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 | $-0.12 | $-0.12 | $-0.12 | $-0.13 | $-0.12 | $-0.11 | $-0.11 | $-0.12 | $-0.17 | $-0.12 | $-0.21 | $-0.21 | $-0.21 | $-0.21 | $-0.22 | $-0.03 | $0.27 | $-0.07 | $-0.27 | $-0.31 | $2.53 | $0.31 | $-0.20 | $-0.10 | $0.01 | $-0.06 | $-0.12 | $-0.20 | $-0.12 | $-0.05 |
| Low Forecast | $-0.19 | $-0.19 | $-0.19 | $-0.21 | $-0.19 | $-0.18 | $-0.18 | $-0.19 | $-0.27 | $-0.20 | $-0.33 | $-0.34 | $-0.34 | $-0.34 | $-0.34 | $-0.70 | $-1.01 | $-0.11 | $-0.43 | $-0.49 | $-2.30 | $-0.54 | $-0.31 | $-0.16 | - | $-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 - 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
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| SPWR | SunPower | $0.12 | $17.50 | 14483.33% | Hold |
| SEDG | SolarEdge | $13.68 | $172.60 | 1161.70% | Hold |
| NOVA | Sunnova Energy | $3.49 | $21.09 | 504.30% | Buy |
| RUN | Sunrun | $10.23 | $33.99 | 232.26% | Buy |
| ENPH | Enphase Energy | $63.66 | $167.61 | 163.29% | Buy |
| CSIQ | Canadian Solar | $12.58 | $19.50 | 55.01% | Sell |
| FSLR | First Solar | $193.83 | $239.46 | 23.54% | Buy |
| JKS | JinkoSolar | $22.66 | $23.80 | 5.03% | Sell |
| MAXN | Maxeon Solar | $11.37 | $3.75 | -67.02% | Hold |
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 $33.99 with a range of $11 to $82, implying a 232.26% from its last price of $10.23. 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 232.26% (from the last price of $10.23 to the average price target of $33.99), up by 701.56% based on the highest stock price target, and up by 7.53% based on the lowest stock price target.
Can Sunrun stock reach $20?
RUN's average twelve months analyst stock price target of $33.99 supports the claim that Sunrun can reach $20 in the near future.
What is Sunrun's current price target trend?
2 Wall Street analysts forecast a $17 price target for Sunrun (RUN) this month, up 66.18% from its last price of $10.23. Compared to the last 3 and 12 months, the average price target increased by 152.49% and increased by 110.95%, respectively.
What are Sunrun's analysts' financial forecasts?
Sunrun's analysts financial forecasts for the fiscal year (Dec 2027) are as follows: average revenue is $3.31B (high $4.07B, low $2.85B), average EBITDA is $-377M (high $-325M, low $-464M), average net income is $-130M (high $-106M, low $-168M), average SG&A $1.67B (high $2.05B, low $1.43B), and average EPS is $-0.58 (high $-0.475, low $-0.753). RUN's analysts financial forecasts for the fiscal year (Dec 2028) are as follows: average revenue is $3.99B (high $4.91B, low $3.44B), average EBITDA is $-455M (high $-392M, low $-559M), average net income is $-136M (high $-112M, low $-177M), average SG&A $2.01B (high $2.47B, low $1.73B), and average EPS is $-0.61 (high $-0.5, low $-0.792).
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 $-66.292M by -140.66%. 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%