Sunrun(RUN)
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Sunrun (RUN) Stock Declines While Market Improves: Some Information for Investors
ZACKS· 2024-09-12 23:05
The most recent trading session ended with Sunrun (RUN) standing at $18.80, reflecting a -1.85% shift from the previouse trading day's closing. This change lagged the S&P 500's daily gain of 0.75%. Elsewhere, the Dow gained 0.58%, while the tech-heavy Nasdaq added 1%. Heading into today, shares of the solar energy products distributor had gained 3.46% over the past month, outpacing the Oils-Energy sector's loss of 4.12% and lagging the S&P 500's gain of 4.03% in that time. The investment community will be c ...
Wall Street Bulls Look Optimistic About Sunrun (RUN): Should You Buy?
ZACKS· 2024-08-28 14:30
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sellside) analysts often affect a stock's price, do they really matter? Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Sunrun (RUN) . Sunrun currently has an average brokerage recommendation (A ...
Sunrun Becomes the First Clean Energy Company to Surpass 1 Million Residential Solar Customers
GlobeNewswire News Room· 2024-08-20 10:30
SAN FRANCISCO, Aug. 20, 2024 (GLOBE NEWSWIRE) -- Sunrun (Nasdaq: RUN), the nation's leading provider of clean energy as a subscription service, announced today that it is the first and only storage-plussolar company to surpass 1 million customers—firmly establishing its position as the largest developer of residential clean energy systems in the U.S. Sunrun now accounts for one in every five home solar systems installed in the country, providing benefits to 1 million families, or approximately 3 million peo ...
All You Need to Know About Sunrun (RUN) Rating Upgrade to Strong Buy
ZACKS· 2024-08-09 17:01
Sunrun (RUN) could be a solid choice for investors given its recent upgrade to a Zacks Rank #1 (Strong Buy). An upward trend in earnings estimates -- one of the most powerful forces impacting stock prices -- has triggered this rating change. A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years. Individual investors ...
Sunrun (RUN) Crossed Above the 20-Day Moving Average: What That Means for Investors
ZACKS· 2024-08-08 14:35
From a technical perspective, Sunrun (RUN) is looking like an interesting pick, as it just reached a key level of support. RUN recently overtook the 20- day moving average, and this suggests a short-term bullish trend. The 20-day simple moving average is a well-liked trading tool because it provides a look back at a stock's price over a 20-day period. Additionally, shortterm traders find this SMA very beneficial, as it smooths out short-term price trends and shows more trend reversal signals than longer-ter ...
Should You Buy Sunrun (RUN) Following Q2 Earnings Beat?
ZACKS· 2024-08-08 14:10
Sunrun (RUN) recently released its second-quarter 2024 results, wherein both its earnings and revenues comfortably exceeded their respective Zacks Consensus Estimate, backed by solid storage installation and attachment rates. The company was also successful in achieving a notable 13% growth in its customer count, which further strengthened its revenue generation prospects. With an impressive 11% year-over-year increase in its subscriber value, realized in the second quarter, some investors might be eager to ...
RUN Stock Alert: Surprise! Why Sunrun Stock Is Up 17% Today.
Investor Place· 2024-08-07 16:04
Sunrun (NASDAQ:RUN) stock is taking off on Wednesday after the solar power company provided investors with its earnings report for the second quarter of 2024. That report starts with the company's diluted earnings per share of 55 cents. That's a massive surprise for RUN stockholders when Wall Street was expecting EPS of -40 cents for the quarter. It's also a jump from the 25 cents reported in the same period of the year prior. Adding to this is Sunrun's revenue of $523.87 million for Q2 2024. This is above ...
Sunrun Stock Shines on Earnings, Tesla Team-Up
Schaeffers Investment Research· 2024-08-07 15:11
Sunrun Inc (NASDAQ:RUN) stock is surging today, last seen up 13.9% to trade at $18.78, headed for its largest single-day percentage pop since mid-July. The solar panel company reported better-than-expected second-quarter results, with earnings of 55 cents per share far surpassing the 33 cent loss anticipated by analysts. Furthermore, the company announced it was teaming up with Tesla (TSLA) for a power plant in Texas. A flood of analysts lifted their price targets on Sunrun stock in response, the highest co ...
Sunrun sees market opportunity after SunPower files for bankruptcy, company's shares surge
CNBC· 2024-08-07 14:08
A contractor carries a SunRun solar panel on the roof of a home in San Jose, California, U.S., on Monday, Feb. 7, 2022. Sunrun stock jumped nearly 14% Wednesday as the rooftop solar installer sees an opportunity to snag market share after competitor SunPower filed for bankruptcy this week. Sunrun CEO Mary Powell said the company is having conversations with many of SunPower's former dealers and is bringing some of them on as partners. "This presents an opportunity for Sunrun to continue our industry leaders ...
Sunrun(RUN) - 2024 Q2 - Earnings Call Transcript
2024-08-07 00:09
Sunrun Inc. (NASDAQ:RUN) Q2 2024 Earnings Conference Call August 6, 2024 4:30 PM ET Company Participants Patrick Jobin - Senior Vice President of Finance and Investor Relations Mary Powell - Chief Executive Officer Danny Abajian - Chief Financial Officer Ed Fenster - Co-Founder and Co-Executive Chair Paul Dickson - Chief Revenue Officer Conference Call Participants Brian Lee - Goldman Sachs Julien Dumoulin-Smith - Jeffries Moses Sutton - BNP Paribas Joseph Osha - Guggenheim Partners Andrew Percoco - Morgan ...