Sunrun Inc (NASDAQ:RUN) price on Wednesday, April 30, fall -7.14% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $6.89.
A look at the stock’s price movement, the close in the last trading session was $7.42, moving within a range at $6.7 and $7.17. The beta value (5-Year monthly) was 2.743. Turning to its 52-week performance, $22.26 and $5.45 were the 52-week high and 52-week low respectively. Overall, RUN moved 17.58% over the past month.
Sunrun Inc’s market cap currently stands at around $1.56 billion, with investors looking forward to this quarter’s earnings report slated for on 2025-Feb-26.
Analysts have a consensus estimate of 487.14M 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 6.32% 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 2.2B, representing a 7.86% 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 50% Sell. On the other hand, the stock is on average a 75% 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 2.37% and 0.00% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 50.43, while 7-day volatility ratio is 6.85% and 10.44% in the 30-day chart. Further, Sunrun Inc (RUN) has a beta value of 2.64, and an average true range (ATR) of 0.62. Analysts have given the company’s stock an average 52-week price target of $13, forecast between a low of $6 and high of $20. Looking at the price targets, the low is 12.92% off current price level while to achieve the yearly target high, price needs to move -190.28%. Nonetheless, investors will most likely welcome a -88.68% jump to $13 which is the analysts’ median price.
If we refocus on Sunrun Inc (NASDAQ:RUN), historical trading data shows that trading volumes averaged 9.89 over the past 10 days and 11.59 million over the past 3 months. The company’s latest data on shares outstanding shows there are 225.66 million shares.
The 9.82% of Sunrun Inc’s shares are in the hands of company insiders while institutional holders own 110.45% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 59.3 million on 2025-04-15, giving us a short ratio of 4.56. The data shows that as of 2025-04-15 short interest in Sunrun Inc (RUN) stood at 3147.0 of shares outstanding, with shares short rising to 52.37 million registered in 2025-03-14. Current price change has pushed the stock -25.51% 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.