The Analyst Landscape: 5 Takes On Sunrun

During the last three months, 5 analysts shared their evaluations of Sunrun RUN, revealing diverse outlooks from bullish to bearish.

The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days and comparing them to the preceding months.

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 2 3 0 0 0
Last 30D 0 1 0 0 0
1M Ago 0 0 0 0 0
2M Ago 2 1 0 0 0
3M Ago 0 1 0 0 0

Providing deeper insights, analysts have established 12-month price targets, indicating an average target of $25.2, along with a high estimate of $29.00 and a low estimate of $23.00. Highlighting a 7.52% decrease, the current average has fallen from the previous average price target of $27.25.

price target chart

Exploring Analyst Ratings: An In-Depth Overview

The standing of Sunrun among financial experts is revealed through an in-depth exploration of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.

Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target
Stephen Byrd Morgan Stanley Raises Overweight $29.00 $24.00
Dushyant Ailani Jefferies Lowers Buy $26.00 $32.00
Biju Perincheril Susquehanna Lowers Positive $23.00 $25.00
Maheep Mandloi Mizuho Lowers Buy $23.00 $28.00
Biju Perincheril Susquehanna Maintains Positive $25.00 -

Key Insights:

  • Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Sunrun. This information provides a snapshot of how analysts perceive the current state of the company.
  • Rating: Analyzing trends, analysts offer qualitative evaluations, ranging from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Sunrun compared to the broader market.
  • Price Targets: Analysts provide insights into price targets, offering estimates for the future value of Sunrun's stock. This comparison reveals trends in analysts' expectations over time.

Navigating through these analyst evaluations alongside other financial indicators can contribute to a holistic understanding of Sunrun's market standing. Stay informed and make data-driven decisions with our Ratings Table.

Stay up to date on Sunrun analyst ratings.

Delving into Sunrun's Background

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.

Sunrun: Financial Performance Dissected

Market Capitalization: Indicating a reduced size compared to industry averages, the company's market capitalization poses unique challenges.

Revenue Challenges: Sunrun's revenue growth over 3 months faced difficulties. As of 31 March, 2024, the company experienced a decline of approximately -22.32%. This indicates a decrease in top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Industrials sector.

Net Margin: The company's net margin is below industry benchmarks, signaling potential difficulties in achieving strong profitability. With a net margin of -19.17%, the company may need to address challenges in effective cost control.

Return on Equity (ROE): The company's ROE is below industry benchmarks, signaling potential difficulties in efficiently using equity capital. With an ROE of -1.69%, the company may need to address challenges in generating satisfactory returns for shareholders.

Return on Assets (ROA): Sunrun's ROA is below industry standards, pointing towards difficulties in efficiently utilizing assets. With an ROA of -0.43%, the company may encounter challenges in delivering satisfactory returns from its assets.

Debt Management: With a high debt-to-equity ratio of 2.23, Sunrun faces challenges in effectively managing its debt levels, indicating potential financial strain.

Understanding the Relevance of Analyst Ratings

Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.

Analysts may enhance their evaluations by incorporating forecasts for metrics like growth estimates, earnings, and revenue, delivering additional guidance to investors. It is vital to acknowledge that, although experts in stocks and sectors, analysts are human and express their opinions when providing insights.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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