Sunrun (NASDAQ:RUN) Stock Gets Price Target Reduction from Citigroup

12 Oct 2026, 01:54 by Doug Wharley · The Cerbat Gem

Sunrun (NASDAQ:RUN – Free Report) had its price target decreased by Citigroup from $16.00 to $14.00 in a report released on Friday,Benzinga reports. Citigroup currently has a buy rating on the energy company’s stock.

Several other analysts have also issued reports on RUN. Oppenheimer restated an “outperform” rating and set a $20.00 price target on shares of Sunrun in a research report on Thursday, August 6th. The Goldman Sachs Group reduced their price objective on Sunrun from $13.00 to $11.00 and set a “buy” rating on the stock in a research note on Thursday. UBS Group decreased their price objective on Sunrun from $23.00 to $20.00 and set a “buy” rating on the stock in a report on Tuesday, June 16th. Glj Research reissued a “sell” rating and issued a $4.63 target price on shares of Sunrun in a research note on Monday, August 17th. Finally, Jefferies Financial Group restated a “hold” rating and set a $7.00 target price on shares of Sunrun in a report on Friday. Twelve analysts have rated the stock with a Buy rating, eight have issued a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, Sunrun currently has a consensus rating of “Hold” and an average price target of $15.92.

Get Our Latest Stock Report on Sunrun

Sunrun Stock Performance

RUN stock opened at $7.64 on Friday. The company has a market capitalization of $1.84 billion, a PE ratio of 5.16 and a beta of 2.44. Sunrun has a one year low of $7.26 and a one year high of $22.44. The company’s 50 day moving average price is $8.85 and its two-hundred day moving average price is $11.52. The company has a debt-to-equity ratio of 3.34, a quick ratio of 1.00 and a current ratio of 1.42.

Sunrun (NASDAQ:RUN – Get Free Report) last released its earnings results on Wednesday, August 5th. The energy company reported $0.42 EPS for the quarter, beating the consensus estimate of $0.23 by $0.19. The company had revenue of $869.99 million for the quarter, compared to analyst estimates of $746.87 million. Sunrun had a net margin of 11.59% and a return on equity of 9.59%. The firm’s quarterly revenue was up 52.8% compared to the same quarter last year. During the same quarter last year, the firm earned $1.07 EPS. As a group, analysts predict that Sunrun will post 1.14 earnings per share for the current fiscal year.

Insider Transactions at Sunrun

In other news, CEO Mary Powell sold 24,335 shares of the firm’s stock in a transaction dated Tuesday, October 6th. The shares were sold at an average price of $7.76, for a total value of $188,839.60. Following the completion of the sale, the chief executive officer directly owned 1,087,200 shares of the company’s stock, valued at approximately $8,436,672. This trade represents a 2.19% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CRO Paul Dickson sold 15,837 shares of Sunrun stock in a transaction dated Tuesday, October 6th. The shares were sold at an average price of $7.76, for a total transaction of $122,895.12. Following the sale, the executive directly owned 823,702 shares in the company, valued at $6,391,927.52. The trade was a 1.89% decrease in their position. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last 90 days, insiders sold 118,719 shares of company stock worth $1,031,277. 3.55% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Sunrun

Several large investors have recently modified their holdings of the stock. Contour Asset Management LLC bought a new stake in shares of Sunrun in the 4th quarter worth $98,010,000. Bank of America Corp DE bought a new stake in Sunrun during the second quarter valued at approximately $29,953,000. Bank of New York Mellon Corp purchased a new stake in shares of Sunrun in the 2nd quarter worth $18,120,000. Amundi increased its position in Sunrun by 56.3% in the first quarter. Amundi now owns 3,300,626 shares of the energy company’s stock worth $44,798,000 after buying an additional 1,188,564 shares in the last quarter. Finally, Deutsche Bank AG bought a new stake in Sunrun during the 2nd quarter worth approximately $12,483,000. Hedge funds and other institutional investors own 91.69% of the company’s stock.

Sunrun News Summary

Here are the key news stories impacting Sunrun this week:

Positive Sentiment: Citigroup lowered its price target for Sunrun from $16 to $14 but maintained a Buy rating, implying substantial upside from recent levels. Citigroup Sunrun Price Target
Positive Sentiment: Sunrun’s third-quarter 2026 earnings report is scheduled for November 4 after the market close. The release and conference call will give investors a near-term catalyst and updates on demand, liquidity and the company’s outlook. Sunrun Announces Third-Quarter Earnings Date
Positive Sentiment: An analysis argues that RUN could be undervalued as the earnings date approaches, potentially attracting value-oriented investors. This remains an estimate rather than a confirmed change in fundamentals. Sunrun Could Be Undervalued
Neutral Sentiment: Reported short interest totaled zero shares as of October 9, producing a 0.0-day short-interest ratio. The figure suggests no measurable short-selling pressure, although the data may reflect a reporting anomaly and should be interpreted cautiously.
Neutral Sentiment: Unusual options activity pointed to several potentially large trades, but the activity alone does not establish a clear bullish or bearish direction. Sunrun Unusual Options Activity
Negative Sentiment: Goldman Sachs also cut its price target, from $13 to $11, despite keeping a Buy rating. The reduction signals more cautious expectations even though the target remains above the current trading range. Goldman Sachs Sunrun Price Target
Negative Sentiment: A Texas customer reportedly received a recall notice for a Powerwall system and was billed $450 by a Sunrun partner for troubleshooting. The account could raise concerns about customer service, partner practices and potential reputational costs. Texas Powerwall Owner and Sunrun Partner Billing
Negative Sentiment: Chief Accounting Officer Maria Barak sold 1,771 shares at an average price of $7.77. The filing states the sale covered tax withholding tied to vested equity, limiting its bearish significance, but insider selling can still weigh on sentiment.

About Sunrun

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Sunrun Inc is a residential solar energy company that designs, installs, owns and maintains solar energy systems for homeowners. The company typically provides electricity through long-term agreements, including solar leases and power purchase agreements, allowing customers to use electricity generated by rooftop solar systems without purchasing the equipment outright.