Wall Street Analysts Predict a 33.29% Upside in Sunrun (RUN): Here's What You Should Know

Core Viewpoint - Sunrun (RUN) shares have increased by 3.2% recently, closing at $16.91, with a mean price target of $22.54 indicating a potential upside of 33.3% [1] Price Targets and Analyst Estimates - The mean estimate consists of 23 short-term price targets with a standard deviation of $6.73, where the lowest estimate is $13 (23.1% decline) and the highest is $38 (124.7% increase) [2] - A low standard deviation suggests a strong agreement among analysts regarding the stock's price movement, which can serve as a starting point for further research [7] Earnings Estimates and Analyst Optimism - Analysts show growing optimism about Sunrun's earnings, as indicated by upward revisions in EPS estimates, which correlate with potential stock price increases [9] - Over the past 30 days, one estimate has increased, leading to a 0.6% rise in the Zacks Consensus Estimate for the current year [10] Zacks Rank and Investment Potential - Sunrun holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimate factors, suggesting a strong potential upside [11]