UBS Reiterates Buy Rating for Sunrun Inc. with $20 Price Target
UBS continues to see potential in Sunrun Inc., maintaining a buy rating and setting a $20 price target.
Key Points
- UBS reiterated its buy rating on Sunrun Inc. on June 16, 2026, with a price target of $20.
- Sunrun Inc. shares are trading at $12.47 with a market cap of approximately $2.97 billion.
- Recent insider activity includes sales by CFO Danny Abajian and other executives in June 2026.
On June 16, 2026, UBS analyst Jon Windham reiterated his buy rating on Sunrun Inc. (NasdaqGS:RUN) with a price target of $20. The analyst remains optimistic about the solar energy company's prospects despite current market conditions.
Other Institutional Activity in Sunrun Inc.
Several major institutional investors have adjusted their positions in Sunrun Inc. BlackRock, Inc. increased its holdings by 2,282,154 shares, bringing its total to 41,868,413 shares valued at approximately $567.7 million. Vanguard Portfolio Management LLC initiated a new position with 12,932,976 shares worth about $175.4 million. Meanwhile, Goldman Sachs Group Inc. reduced its stake by 5,178,390 shares, resulting in 12,179,911 shares valued at roughly $165.2 million. Greenvale Capital LLP added 1,281,037 shares, increasing its total to 12,000,000 shares valued at $162.7 million.
Sunrun Inc. Stock Snapshot
Shares of Sunrun Inc. are currently trading at $12.47. The company has a market cap of approximately $2.97 billion and a P/E ratio of 5.85. Its beta is 2.297, indicating higher volatility compared to the market. The stock's 52-week range is between $5.38 and $22.44, with a 50-day moving average of $13.51 and a 200-day moving average of $16.64. Sunrun's current ratio stands at 1.45, while its quick ratio is 0.68, and it has a debt-to-equity ratio of 300.30.
Recent Earnings
Sunrun Inc. reported revenue of $3.17 billion with a growth rate of 43.2%. The company achieved a net margin of 17.88% and an EPS of $2.13. However, it recorded a negative return on equity of -22.74%. The next earnings report is expected on August 5, 2026.
Insider Buying and Selling at Sunrun Inc.
Recent insider transactions at Sunrun Inc. include sales by Sonita Lontoh, who sold 7,500 shares at $12.00 on June 11, 2026. CFO Danny Abajian sold 2,030 shares at $13.39 and executed additional transactions on June 8, 2026. Lynn Michelle Jurich sold 50,000 shares at $15.92 on June 1, 2026, and another 50,000 shares at $12.89 on May 1, 2026. These sales were part of planned transactions.
Analysts Set New Price Targets
On June 16, 2026, UBS maintained its buy rating for Sunrun with a $20 price target. Other firms like TD Cowen and Citigroup also maintained buy ratings with targets of $21 and $20, respectively, in recent months. The consensus among analysts is a buy rating, with a mean price target of $19.26 based on 19 opinions.
About Sunrun Inc.
Sunrun Inc. is a leading provider of residential solar energy systems in the United States. Based in San Francisco, California, the company designs, installs, and maintains solar systems, offering products such as solar panels and battery storage. Sunrun markets its services directly to consumers through various channels, including online and retail. Led by CEO Mary Grace Powell, Sunrun employs around 9,059 people.
Bottom Line
UBS's reiterated buy rating and $20 price target reflect continued confidence in Sunrun Inc.'s potential. With a significant market presence and ongoing institutional interest, Sunrun remains a notable player in the solar industry. Investors should remember that analyst ratings are based on past data and may not reflect current conditions.
See Also
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