What happened Shares of Sunrun (RUN 1.16%) sank on Tuesday after a regulatory proposal threatened to slow the solar industry's growth. As of 3:25 p.m. ET, Sunrun's stock price was down more than 13%.
What is wrong with Sunrun?
Sunrun isn't profitable at all. Quite the contrary -- its net losses have actually risen dramatically in recent years. The company burns through massive amounts of cash and has a pretty high debt load already. Add in commodity price headwinds and supply issues, and 2022 could be a complicated year for Sunrun.
Will Sunrun go back up?
Sunrun (RUN) has a clear-cut resistance level which has held it back for at least a year. At the same time, the shift toward renewable energy is moving quickly....Sunrun Stock Is Ready to Run Back to $60 Again.TickerCompanyCurrent PriceRUNSunrun$33.35Mar 29, 2022
Is Sunrun in financial trouble?
Based on the latest financial disclosure, Sunrun Inc has a Probability Of Bankruptcy of 55%. This is 35.94% higher than that of the Technology sector and 5.85% higher than that of the Solar industry.
Is Sunrun a good stock to invest?
Sunrun has received a consensus rating of Buy.
Is Sunrun undervalued?
Is Sunrun Stock Undervalued? The current Sunrun [RUN] share price is $25.84. The Score for RUN is 25, which is 50% below its historic median score of 50, and infers higher risk than normal.
Is Sunrun projected to go up in stock?
Stock Price Forecast The 19 analysts offering 12-month price forecasts for Sunrun Inc have a median target of 45.00, with a high estimate of 89.00 and a low estimate of 14.85. The median estimate represents a +92.14% increase from the last price of 23.42.
How does Sunrun make money?
Most of Sunrun's business is in solar leases, which means customers rent panels from Sunrun for a monthly fee.
Did Sunrun merger with vivint?
SAN FRANCISCO, Oct. 08, 2020 (GLOBE NEWSWIRE) -- Sunrun (NASDAQ: RUN), a leading provider of residential solar, battery storage and energy services, today announced that it has completed its acquisition of Vivint Solar which was initially announced on July 6, 2020.
How many MW did Sunrun install in 2021?
Solar Energy Capacity Installed was 220 Megawatts in the fourth quarter of 2021. Solar Energy Capacity Installed for Subscribers was 163 Megawatts in the fourth quarter of 2021. Networked Solar Energy Capacity was 4,677 Megawatts as of December 31, 2021.
Is sunrun a profitable company?
Sunrun revenue doubles as customer count tops 600,000 Sunrun reported Q3 2021 EPS of $0.11 on revenue of $439 million. Revenue more than doubled from last year, but the company's acquisition of Vivint closed in the interim, boosting revenues.
How much is sunrun debt?
The Company's consolidated liabilities as of March 31, 2022 and December 31, 2021 include $2,087,174 and $2,152,492, respectively, in liabilities of VIEs whose creditors have no recourse to the Company.
Is sunrun a buy Zacks?
- Hold. Zacks' proprietary data indicates that Sunrun Inc. is currently rated as a Zacks Rank 3 and we are expecting an inline return from the RUN shares relative to the market in the next few months.