Sunrun Inc (NASDAQ:RUN) price on current trading day, rose 2.30% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $6.66.
A look at the stock’s price movement, the close in the last trading session was $6.51, moving within a range at $6.455 and $6.84. The beta value (5-Year monthly) was 2.841. Turning to its 52-week performance, $22.26 and $5.93 were the 52-week high and 52-week low respectively. Overall, RUN moved -24.83% over the past month.
Sunrun Inc’s market cap currently stands at around $1.51 billion, with investors looking forward to this quarter’s earnings report slated for on 2025-Feb-26.
Analysts have a consensus estimate of 491.51M for the company’s revenue for the quarter, with a low and high estimate of 407.5M and 542.4M respectively. The average forecast suggests up to a 7.27% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 2.21B, representing a 8.57% jump on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that RUN is a 100% Sell. On the other hand, the stock is on average a 100% Sell as suggested by medium term indicators while long term indicators are putting the stock in 100% Sell category.
19 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 3 analyst(s) rate the stock as a Hold, 16 recommend RUN as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
RUN’s current price about -7.83% and -21.27% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 39.83, while 7-day volatility ratio is 7.01% and 9.12% in the 30-day chart. Further, Sunrun Inc (RUN) has a beta value of 2.70, and an average true range (ATR) of 0.62. Analysts have given the company’s stock an average 52-week price target of $20, forecast between a low of $11 and high of $35. Looking at the price targets, the low is -65.17% off current price level while to achieve the yearly target high, price needs to move -425.53%. Nonetheless, investors will most likely welcome a -200.3% jump to $20 which is the analysts’ median price.
If we refocus on Sunrun Inc (NASDAQ:RUN), historical trading data shows that trading volumes averaged 11.26 over the past 10 days and 10.65 million over the past 3 months. The company’s latest data on shares outstanding shows there are 225.66 million shares.
The 2.90% of Sunrun Inc’s shares are in the hands of company insiders while institutional holders own 110.76% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 48.52 million on 2025-02-28, giving us a short ratio of 5.03. The data shows that as of 2025-02-28 short interest in Sunrun Inc (RUN) stood at 2575.0 of shares outstanding, with shares short falling to 50.27 million registered in 2025-01-31. Current price change has pushed the stock -28.00% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the RUN stock continues to rise going into the next quarter.
