Sunrun (RUN)

• Market cap: $1.89B
• 1 day: -1.41%
• 5 days: -2.77%
• 1 month: -8.68%
• 3 months: -17.61%
• 6 months: -57.11%
• Year to date: -17.53%
• 1 year: -45.96%
• 5 years: -61.64%
• 10 years: -21.82%
• Sector: Industrials
• Industry: Miscellaneous Electrical Machinery, Equipment & Supplies

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: 10,833

Fund manager confidence

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

8% less call options, than puts

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

1.75% less ownership

Funds ownership: 107.19% [Q3] → 105.44% (-1.75%) [Q4]

12% less funds holding

Funds holding: 433 [Q3] → 379 (-54) [Q4]

15% less repeat investments, than reductions

Existing positions increased: 121 | Existing positions reduced: 143

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

49% less capital invested

Capital invested by funds: $4.32B [Q3] → $2.2B (-$2.13B) [Q4]

Research analyst outlook

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

• Low target: $11 31% upside
• Avg. target: $16 90% upside
• High target: $21 149% upside

8 analyst ratings

• positive: 6 75%
• neutral: 2 25%
• negative: 0 0%

Barclays Christine Cho 52% 1-year accuracy 29 / 56 met price target	78% upside $15	Equal-Weight Maintained	28 Jan 2025
Jefferies Julien Dumoulin-Smith 55% 1-year accuracy 87 / 158 met price target	102% upside $17	Buy Maintained	28 Jan 2025
JP Morgan Mark Strouse 43% 1-year accuracy 22 / 51 met price target	114% upside $18	Overweight Maintained	23 Jan 2025
UBS Jon Windham 26% 1-year accuracy 5 / 19 met price target	102% upside $17	Buy Upgraded	10 Jan 2025
Wells Fargo Michael Blum 75% 1-year accuracy 27 / 36 met price target	43% upside $12	Overweight Maintained	8 Jan 2025