Sunrun might be on the cusp of rising, according to JPMorgan. JPMorgan repeated an obese score on the solar stock on Thursday and raised its cost target to $20 per share from $16. The company’s projection indicates about a massive 120% upside from Wednesday’s $9.07 close. Expert Mark Strouse indicated Sunrun’s strong second-quarter outcomes as cause for the target walking. Incomes per share grew to $1.07 from 55 cents on a year-over-year basis, while profits of $569.3 million beat a FactSet quote of $559.4 million. Shares rallied more than 16% in the premarket following the release. RUN YTD mountain Sunrun stock in 2025. “Management commentary was positive owing to business execution in addition to from the OBBB [One Big Beautiful Bill, which had preferential treatment for the lease/ PPA [power purchase agreement] market relative to cash/loan, and RUN is well in progress with its safe harbor method to extend exposure. The expert stated that the electrical car and home energy management sector is “underpenetrated,” which might benefit Sunrun as the de facto leader in property energy services. He included that he anticipates the sector to broaden by a double-digit compounded yearly development rate (CAGR) clip. “The business has strong exposure into future profits owing to long-lasting client agreements, worth per client ought to enhance as more services are embraced, and our company believe RUN is placed for market share gains owing to beneficial ITC guidelines in addition to the business’s leading scale,” the expert stated. Experts are divided on the stock. LSEG information reveals that 10 of the 24 covering Sunrun have a buy or strong buy score. The staying 14, nevertheless, have hold or underperform score.
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