Sunrun (NASDAQ:RUN) Given New $13.00 Price Target at Citigroup

06 Nov 2026, 09:43 by Tristan Rich · The Markets Daily

Sunrun (NASDAQ:RUN – Free Report) had its price objective reduced by Citigroup from $14.00 to $13.00 in a research report sent to investors on Thursday morning,Benzinga reports. Citigroup currently has a buy rating on the energy company’s stock.

RUN has been the topic of a number of other research reports. Royal Bank Of Canada reduced their target price on Sunrun from $18.00 to $14.00 and set an “outperform” rating on the stock in a research report on Thursday, August 6th. Morgan Stanley lowered their price target on Sunrun from $15.00 to $10.00 and set an “equal weight” rating for the company in a report on Wednesday, October 14th. Weiss Ratings raised Sunrun from a “sell (d)” rating to a “sell (d+)” rating in a research report on Friday, October 9th. Jefferies Financial Group restated a “hold” rating and issued a $7.00 price objective on shares of Sunrun in a report on Friday, October 9th. Finally, Roth Capital restated a “buy” rating on shares of Sunrun in a report on Thursday, July 9th. Twelve investment analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, Sunrun presently has a consensus rating of “Hold” and a consensus price target of $14.27.

Check Out Our Latest Stock Analysis on Sunrun

Sunrun Stock Performance

Shares of NASDAQ:RUN opened at $9.87 on Thursday. The company has a debt-to-equity ratio of 3.34, a current ratio of 1.42 and a quick ratio of 1.00. The business’s 50 day moving average price is $8.11 and its 200-day moving average price is $12.29. The firm has a market capitalization of $2.38 billion, a PE ratio of 4.98 and a beta of 2.35. Sunrun has a 1 year low of $6.78 and a 1 year high of $21.95.

Sunrun (NASDAQ:RUN – Get Free Report) last posted its quarterly earnings results on Wednesday, November 4th. The energy company reported $0.56 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.16 by $0.40. Sunrun had a return on equity of 12.56% and a net margin of 14.01%. The business had revenue of $1.10 billion during the quarter, compared to analyst estimates of $757.53 million. During the same period in the prior year, the business earned $0.06 earnings per share. The business’s revenue was up 51.7% compared to the same quarter last year. As a group, equities research analysts expect that Sunrun will post 1.46 earnings per share for the current fiscal year.

Insider Activity at Sunrun

In related news, CRO Paul Dickson sold 15,837 shares of the firm’s stock in a transaction dated Tuesday, October 6th. The stock was sold at an average price of $7.76, for a total transaction of $122,895.12. Following the completion of the transaction, the executive directly owned 823,702 shares in the company, valued at $6,391,927.52. This trade represents a 1.89% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CAO Maria Barak sold 3,256 shares of Sunrun stock in a transaction dated Wednesday, November 4th. The shares were sold at an average price of $9.35, for a total value of $30,443.60. Following the completion of the transaction, the chief accounting officer directly owned 85,006 shares of the company’s stock, valued at approximately $794,806.10. This represents a 3.69% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 71,975 shares of company stock worth $563,721 over the last ninety days. Company insiders own 3.55% of the company’s stock.

Institutional Investors Weigh In On Sunrun

A number of hedge funds have recently added to or reduced their stakes in the business. Allworth Financial LP purchased a new position in Sunrun in the second quarter worth approximately $25,000. Summit Securities Group LLC purchased a new stake in shares of Sunrun in the 1st quarter valued at approximately $36,000. Nykredit A S purchased a new stake in shares of Sunrun in the 2nd quarter valued at approximately $78,000. Parallel Advisors LLC raised its holdings in shares of Sunrun by 72.2% in the 3rd quarter. Parallel Advisors LLC now owns 6,765 shares of the energy company’s stock valued at $53,000 after purchasing an additional 2,837 shares in the last quarter. Finally, Quantbot Technologies LP acquired a new stake in shares of Sunrun in the 2nd quarter valued at $125,000. 91.69% of the stock is currently owned by institutional investors and hedge funds.

Sunrun News Roundup

Here are the key news stories impacting Sunrun this week:

Positive Sentiment: Sunrun reported Q3 earnings of $0.56 per share, above the roughly $0.16 consensus estimate, on revenue of $1.10 billion versus about $758 million expected. Revenue grew 51.7% year over year, giving investors a substantial earnings and sales beat. Sunrun Reports Third Quarter 2026 Financial Results
Positive Sentiment: Management’s outlook called for approximately $200 million in 2026 cash generation and aims to double storage capacity by the end of 2028. The company also reached a 5-GWh storage milestone, supporting the case that batteries and grid services can become important growth drivers. Sunrun expects 2026 cash generation and storage growth
Positive Sentiment: Sunrun’s Puerto Rico distributed power plant network doubled to more than 60,000 customers, underscoring expansion in its battery aggregation business. Sunrun Puerto Rico distributed power plant announcement
Neutral Sentiment: JPMorgan and Citi lowered their price targets to $11 and $13, respectively, but kept their Overweight and Buy ratings. The target cuts temper the optimism, while both firms still see potential upside. JPMorgan analyst recommendation
Neutral Sentiment: Chief Accounting Officer Maria Barak sold 3,256 shares under a pre-arranged Rule 10b5-1 plan and retained 85,006 shares, making the transaction a limited signal. Sunrun insider transaction
Negative Sentiment: Q3 solar installations fell 15% year over year, a sign that underlying deployment remains a headwind even as storage expands. Sunrun storage milestone and installation decline

Sunrun Company Profile

(Get Free Report)

Sunrun Inc is a residential clean-energy company that designs, sells, installs, owns and maintains home solar energy systems. The company provides rooftop solar panels and related equipment through purchase and financing options, as well as subscription-based solar-as-a-service arrangements under which customers pay for the electricity their systems produce.