Sunrun Inc. [RUN] shares are up more than 339.44% this year and recently increased 0.05% or $2.77 to settle at $59.50. Analysts expect RUN to grow earnings at a 20.53% annual rate over the next 5 years. RUN has a short ratio of 3.18. This implies that the market is currently less bullish on the outlook for RUN.

On 19, November 2020, Sunrun Signs Virtual Power Plant Agreement With Southern California Edison. According to news published on Yahoo Finance, Thousands of Sunrun Brightbox home solar-powered battery systems to provide 5 MW of new energy capacity by 2023.

Analyst Birdseye View:

The most recent analyst activity for Sunrun Inc. [NASDAQ:RUN] stock was on October 07, 2020, when it was Initiated with a Neutral rating from Piper Sandler, which also raised its 12-month price target on the stock to $70. Before that, on October 27, 2020, UBS Recapitulated a Sell rating and elevated its amount target to $43. On September 30, 2020, Goldman Downgrade a Neutral rating and boosted its price target on this stock from $48 to $61. On September 29, 2020, BofA Securities Reiterated a Buy rating and increased its price target from $51.50 to $79. On July 13, 2020, KeyBanc Capital Markets Upgrade an Overweight rating and increased its price target to $32. On February 19, 2020, KeyBanc Capital Markets Downgrade a Sector weight rating. On January 16, 2020, JP Morgan Initiated an Overweight rating and boosted its target amount on this stock to $19. KeyBanc Capital Markets elevated its amount target by recapitulating a higher weight for this stock.

In the past 52 weeks of trading, this stock has oscillated between a low of $7.84 and a peak of $82.42. Right now, the middling Wall Street analyst 12-month amount mark is $68.00. At the most recent market close, shares of Sunrun Inc. [NASDAQ:RUN] were valued at $59.50. According to the average price forecast, investors can expect a potential return of 5.4%.

FUNDAMENTAL ANALYSIS

Sunrun Inc. [NASDAQ:RUN] most recently reported quarterly sales of 209.76 billion, which represented growth of -2.60%. This company’s Gross Margin is currently 22.90% and its Operating Margin is -30.40%.

Readers are usually of view to make a close observation to the indicators that support and make resistance before moving to any particular stock. As of now, the company’s stock is sitting at 57.41 points at 1st support level, the second support level is making up to 55.32. But as of 1st resistance point, this stock is sitting at 60.69 and at 61.88 for 2nd resistance point.

Sunrun Inc. [RUN] reported its earnings at $0.28 per share in the fiscal quarter closing of 9/29/2020. The Analysts for Wall Street were expecting to report its earnings at $0.02/share signifying the difference of 0.26 and 1,300.00% surprise value. Comparing the previous quarter ending of 6/29/2020, the stated earnings were -$0.11 calling estimates for $0.16/share with the difference of -0.27 depicting the surprise of -168.80%.

Important Ratio’s To Watch

Meanwhile, turning our focus to liquidity, the Current Ratio for Sunrun Inc. [NASDAQ:RUN] is 1.10. Now if looking for a valuation of this stock’s showing 1919.35 of P/E (TTM) ratio.

Insider Stories

The most recent insider trade was by Bywater David, CEO of Vivint Solar, Inc., and it was the sale of 73445.0 shares on Nov 17. Bywater David, the CEO of Vivint Solar, Inc., completed a sale of 60000.0 shares on Nov 13. On Nov 12, Bywater David, CEO of Vivint Solar, Inc., completed a sale of 27867.0 shares.