Sunrun Inc. ($RUN) Stock Forecast: Up 5.2% Today

What is Sunrun Inc.?

Sunrun (NASDAQ: RUN) is a leading provider of clean energy as a subscription service. Today, the stock had a strong bullish movement in the market.

Why is Sunrun Inc. going up?

RUN stock is up 5.2% on Oct 25, 2024 15:10

• Sunrun announced a partnership with Orange and Rockland Utilities to build and operate New York's largest residential power plant, showcasing the company's commitment to expanding its clean energy services.
• Despite lagging the overall market performance slightly, Sunrun's stock price closed higher, indicating positive investor sentiment towards the company's growth prospects in the renewable energy sector.
• The news of the partnership and the company's resilience in a volatile market could have contributed to the bullish movement in Sunrun's stock today. Investors may view Sunrun as a promising player in the sustainable energy industry, driving up demand for the stock.

RUN Price Chart

RUN Technical Analysis

RUN News

Sunrun Builds and Operates New York's Largest Residential Power Plant in Partnership with Orange and Rockland Utilities - Sunrun ( NASDAQ:RUN ) , Consolidated Edison ( NYSE:ED )

PEARL RIVER, N.Y. and SAN FRANCISCO, Oct. 23, 2024 ( GLOBE NEWSWIRE ) -- Sunrun RUN, the nation's leading provider of clean energy as a subscription service, and Orange and Rockland Utilities, Inc. ( O&R ) , a wholly owned subsidiary of Consolidated Edison, Inc.

https://www.benzinga.com/pressreleases/24/10/g41486505/sunrun-builds-and-operates-new-yorks-largest-residential-power-plant-in-partnership-with-orange-an

Here's Why Sunrun ( RUN ) Gained But Lagged the Market Today

Sunrun (RUN) closed at $14.61 in the latest trading session, marking a +0.27% move from the prior day.

https://www.zacks.com/stock/news/2353504/heres-why-sunrun-run-gained-but-lagged-the-market-today

Trending Today

Fantom ($FTM) Crypto Forecast: Down 6.8% Today

Arbitrum ($ARB) Crypto Forecast: Down 5.9% Today

Hedera Hashgraph ($HBAR) Crypto Forecast: Down 5.2% Today

Render ($RENDER) Crypto Forecast: Down 5.6% Today

Dogecoin ($DOGE) Crypto Forecast: Down 5.5% Today

NEAR Protocol ($NEAR) Crypto Forecast: Down 5.1% Today

Solana ($SOL) Crypto Forecast: Down 5.1% Today

Aon plc Class A (UK) ($AON) Stock Forecast: Up 5.7% Today

Memecoin ($MEME) Crypto Forecast: Down 5.6% Today

Pendle ($PENDLE) Crypto Forecast: Down 6.0% Today

Sunrun Inc. Price History

20.07.2024 - RUN Stock was down 5.1%

• Sunrun has achieved surpassing 1 million residential solar customers and saving $1.3 billion in energy costs, highlighting its leadership in the clean energy sector.
• Despite the positive milestones, the stock witnessed a bearish movement, potentially influenced by profit-taking following a recent 69% stock rally. Reasons behind the surge have been questioned.
• Unusual options activity displaying a bullish outlook on Sunrun suggests conflicting investor sentiments, further contributing to the stock's volatility.
• The bearish market movement of Sunrun today could be attributed to profit-taking, uncertainties surrounding the stock rally, and mixed investor sentiment, despite the company's robust growth in the clean energy industry.

23.07.2024 - RUN Stock was up 5.7%

• The decrease in short interest indicates reduced bearish sentiment towards Sunrun, potentially contributing to the bullish movement.
• The news of a director selling over $180k in company stock might have initially raised concerns, but it seems to have been overshadowed by the milestone of surpassing 1 million residential solar customers.
• Sunrun's achievement of reaching 1 million customers and saving $1.3B in energy costs likely boosted investor confidence and drove the stock price higher.
• Being positioned as a key player in clean energy and distributed power provision could have attracted more investors, leading to the positive market movement for Sunrun today.

03.08.2024 - RUN Stock was down 6.0%

• The average brokerage recommendation (ABR) suggests buying Sunrun (RUN) stock, indicating optimism among Wall Street bulls. However, this metric may be overly positive at times.
• On the other hand, deep-pocketed investors have taken a bearish stance on Sunrun (RUN) options, signaling a more cautious approach towards the stock.
• The conflicting sentiments from different investor groups could have contributed to the bearish movement in Sunrun's stock today, as market players weigh the optimistic outlook against the bearish options activity.

19.08.2024 - RUN Stock was down 5.6%

• Sunrun's stock experienced a bearish movement of -0.05% today, potentially influenced by profit-taking post a recent breakout above the 20-day moving average.
• A $365 million senior securitization of residential solar and battery systems could not fully counter the bearish sentiment prevailing in the market.
• Unusual options activity suggesting a bearish outlook on Sunrun might have contributed to selling pressure on the stock.
• Despite a broader rally in solar stocks post the presidential debate, Sunrun's stock did not see significant upward movement, possibly indicating investor caution regarding the company's individual performance.

11.08.2024 - RUN Stock was up 10.7%

• The bullish movement in Sunrun's stock today can be attributed to the positive outlook for the U.S. residential solar market, driven by Vice President Kamala Harris' improving odds for the 2024 presidential election.
• The collaboration between Vistra Corp. and Sunrun to introduce the TXU Energy and Sunrun Battery Rewards program in Texas likely boosted investor confidence in Sunrun's growth prospects and market expansion.
• The overall sentiment surrounding the solar energy sector, as indicated by the double-digit growth expectations for companies like Enphase Energy and SolarEdge Technologies, also contributed to the bullish trend in Sunrun's stock.

17.08.2024 - RUN Stock was up 5.2%

• Solar stocks, including Sunrun, surged after a notable political event where alternative energy assets were underlined by political figures, instilling confidence in investors within the sector.
• Despite a marginal drop in Sunrun's stock value, the general market sentiment towards solar firms remains optimistic, anchored in projections of strong growth and market recovery.
• The partnership between Vistra Corp. and Sunrun to launch a battery aggregation initiative in Texas underscores the company's dedication to bolstering grid dependability and broadening its footprint in the market.
• The increased possibilities of Vice President Kamala Harris winning the 2024 presidential election are also viewed as a favorable factor for the residential solar market, further fueling positivity in Sunrun's outlook.

10.09.2024 - RUN Stock was down 5.4%

• Despite outpacing the stock market in the previous trading day, Sunrun (RUN) experienced a significant dip today, underperforming the broader market.
• The bearish movement in Sunrun's stock price could be attributed to profit-taking by investors after a recent uptrend in the stock.
• Additionally, concerns about rising interest rates impacting the renewable energy sector may have also contributed to the decline in Sunrun's stock price.
• Investors might be closely monitoring the company's upcoming earnings report and guidance to assess its future growth prospects in the competitive renewable energy market.

21.09.2024 - RUN Stock was down 5.1%

• The bearish movement in Sunrun's stock could be due to profit-taking by investors after a recent bullish run.
• Despite lagging the market, Sunrun's overall performance suggests potential for future growth.
• Investors may have responded to market volatility, resulting in a temporary dip in Sunrun's stock price.
• Monitoring Sunrun's performance closely is crucial for traders to leverage potential buying opportunities during market fluctuations.

18.08.2024 - RUN Stock was up 6.4%

• Sunrun's stock made a notable move above the 20-day moving average, indicating positive momentum for investors.
• A $365 million senior securitization of residential solar and battery systems by Sunrun reflects confidence in the company's future growth potential.
• Despite some unusual bearish options trading, the sentiment towards solar stocks, including Sunrun, has been favorable post a recent event focusing on alternative energy assets.
• The slight dip in Sunrun's stock price amid a broader market uptrend could be due to profit-taking after recent gains, presenting a possible buying opportunity for investors optimistic about the clean energy sector.

20.08.2024 - RUN Stock was down 5.3%

• CEO Mary Powell's recognition by Forbes showcases the company's commitment to clean energy solutions.
• A slight decrease of -0.05% in the stock value could be due to profit-taking post a recent price surge.
• Crossing the 20-day moving average might indicate a short-term bullish trend, though bearish options activity suggests investor caution.
• Sunrun's successful pricing of a $365 million securitization reflects investor trust in the business model amid bearish options trading sentiment.

01.09.2024 - RUN Stock was down 5.5%

• Despite the overall bullish market, Sunrun (RUN) experienced a bearish movement, closing at $18.92 with a -0.05% change from its previous close.
• The slight decline in Sunrun's stock price could be attributed to profit-taking by investors after a period of growth.
• It's possible that some investors are cautious about the renewable energy sector in the current economic climate, leading to the bearish movement in Sunrun's stock.
• However, the long-term prospects for Sunrun remain positive as the demand for clean energy solutions continues to grow globally.

25.09.2024 - RUN Stock was up 5.2%

• Sunrun announced a partnership with Orange and Rockland Utilities to build and operate New York's largest residential power plant, showcasing the company's commitment to expanding its clean energy services.
• Despite lagging the overall market performance slightly, Sunrun's stock price closed higher, indicating positive investor sentiment towards the company's growth prospects in the renewable energy sector.
• The news of the partnership and the company's resilience in a volatile market could have contributed to the bullish movement in Sunrun's stock today. Investors may view Sunrun as a promising player in the sustainable energy industry, driving up demand for the stock.