Sunrun/$RUN

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About Sunrun

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 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.
Ticker
$RUN
Primary listing
NASDAQ
Employees
9,059

Sunrun Metrics

BasicAdvanced
$1.8B
5.16
$1.48
2.36
-

What the Analysts think about Sunrun

Analyst ratings (Buy, Hold, Sell) for Sunrun stock.
Analyst projections of the future price of Sunrun stock.

Bulls say / Bears say

Sunrun is turning its installed base into a grid asset. Its partnership with Tesla delivered more than 580 MW of peak power to California’s grid in a single event, showing that its home batteries can provide valuable flexibility beyond selling electricity to households. (Sunrun)
New AI-related partnerships could open an additional revenue stream. Sunrun, Tesla and Renew Home are targeting more than 16.8 GW of flexible capacity for hyperscalers and utilities, while a separate Voltus agreement will place some Sunrun systems into AI capacity programmes. (Sunrun, Sunrun)
Sunrun continues to access non-recourse funding at improving terms. Its April securitisation raised $584 million, with senior notes priced at a 220-basis-point credit spread, 20 basis points better than its previous transactions. (Sunrun)
Core operating momentum has weakened. Second-quarter subscriber additions fell 31% year on year, aggregate subscriber value dropped 24%, and Sunrun cut its full-year cash-generation and subscriber-value guidance after reduced affiliate volumes and a slower direct-sales ramp. (Sunrun)
The end of the federal residential solar tax credit is making customer economics harder, while US residential solar installations are heading for their lowest level in five years. Sunrun says homeowners now depend more on uneven state, local and utility incentives, which can make demand less predictable. (Bloomberg, Sunrun)
Cash conversion remains a material risk for a capital-intensive model. Sunrun used $186 million of cash in operations in the second quarter and reduced its 2026 cash-generation outlook to $200 million–$375 million, citing higher capital costs and planned equipment investment. (Sunrun)
Data summarised monthly by Lightyear AI. Last updated on 30 Sept 2026.

Sunrun Financial Performance

Revenues and expenses
Income statement
QuarterlyAnnual
Q3 24
QoQ growth
Revenue
Net income
Profit margin

Sunrun Earnings Performance

Company profitability
Earnings per share
QuarterlyAnnual
Q4 23
Q1 24
Q2 24
Q3 24
Q4 24
Actual
Expected
Surprise

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