RUN Price Prediction Next Week
Analysis and Insights
News Sentiment and Recent Developments:
Sunrun (RUN) has faced significant challenges recently, with a downgrade by Jefferies to Hold and a reduced price target of $8, citing market volatility and macro uncertainties. Additionally, the broader green energy sector, including RUN, has been impacted by policy changes under President Trump, leading to a decline in stock prices.
Technical Indicators:
- RSI (14): 39.69, indicating oversold conditions.
- MACD: Slightly negative, suggesting bearish momentum.
- Fibonacci Levels: Pivot at 6.81, with resistance at 7.39 and 7.75, and support at 6.22 and 5.86.
Price Prediction and Recommendation:
Given the bearish sentiment and technical indicators, Sunrun's stock is expected to face downward pressure. The predicted price for the next trading week is $5.90.
Recommendation: Sell.
RUN Similar Chart Price Prediction
The price of RUN is predicted to go up -2.85%, based on the high correlation periods with UNTY. The similarity of these two price pattern on the periods is 97.89%.
RUN
UNTY
Down: -2.85%Similarity: 97.89%
RUN Revenue Forecast
RUN EPS Forecast
RUN FAQs
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RUN VS S&P500
Sunrun is the market leader in residential solar installations with high-teens market share.
Adjacent areas such as home batteries and grid services represent additional revenue opportunities.
Residential solar is still significantly underpenetrated at less than 5% of the addressable market.
RUN Analyst's Forecast
Julien Dumoulin-Smith
Jefferies
Strong Buy → Hold
2025-03-12
Price Target
$14 → $8
Upside
+21.77%
Jefferies downgraded Sunrun to Hold from Buy with a price target of $8, down from $14. The firm says the lack of recovery in residential solar coupled with persistent Inflation Reduction Act uncertainty make it difficult to underwrite any share outperformance in the residential solar group, even a "best in class" stock like Sunrun. Jefferies credits Sunrun for navigating market volatility and macro uncertainty effectively and generating positive cash flow, but says the "unknowns continue to mount" in light of growing caution on the Inflation Reduction Act. It puts a "pause for now" on the stock pending further clarity.
Jon Windham
UBS
Strong Buy
2025-03-04
Price Target
$17 → $15
Upside
+123.55%
Christopher Dendrinos
RBC Capital
Buy
2025-03-03
Price Target
$17 → $14
Upside
+126.9%
