Latest news with #SunrunInc
Yahoo
3 days ago
- Business
- Yahoo
Sunrun (RUN) Gained Over 22% This Week. Here is Why.
The share price of Sunrun Inc. (NASDAQ:RUN) surged by 22.34% between May 29 and June 5, 2025, putting it among the Energy Stocks that Gained the Most This Week. Let's shed some light on the development. A field of solar panels glistening in the afternoon sun, symbolizing the company's renewable energy ambitions. Sunrun Inc. (NASDAQ:RUN) is America's leading provider of clean energy as a subscription service, offering residential solar and energy storage with no upfront costs. Sunrun Inc. (NASDAQ:RUN) nosedived by over 46% in May after the House of Representatives narrowly passed President Trump's 'one big beautiful bill', which ends the investment and electricity production credits for clean energy facilities. The bill is especially damaging for the rooftop solar industry as the credits for rooftop solar and battery storage would end this year, proving disastrous for companies like Sunrun Inc. (NASDAQ:RUN) that lease equipment to customers. The attention now turns to the Senate, where the renewables industry is hoping that cooler heads will prevail and the House bill won't fly. Even some Republican senators have made it clear that they want to change the deep cuts to the Inflation Reduction Act, restoring some degree of investor confidence in players like Sunrun Inc. (NASDAQ:RUN). The rebound could also be the result of investors perceiving the stock as undervalued and picking it up at a lower, more attractive price. While we acknowledge the potential of RUN as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock. READ NEXT: 10 Cheap Energy Stocks to Buy Now and Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
30-05-2025
- Business
- Yahoo
Here is Why Sunrun (RUN) Nosedived This Week
The share price of Sunrun Inc. (NASDAQ:RUN) fell by 37.69% between May 20 and May 27, 2025, putting it among the Energy Stocks that Lost the Most This Week. Let's shed some light on the development. A field of solar panels glistening in the afternoon sun, symbolizing the company's renewable energy ambitions. Sunrun Inc. (NASDAQ:RUN) is America's leading provider of clean energy as a subscription service, offering residential solar and energy storage with no upfront costs. The share price of Sunrun Inc. (NASDAQ:RUN) nosedived last week after the House of Representatives narrowly passed President Trump's sweeping tax and spending bill, potentially ending Biden-era tax credits for clean energy projects years sooner than planned. The bill could deal a massive blow to the country's solar energy industry, which depends heavily on these credits to sustain itself. The already struggling rooftop solar industry has been hit particularly hard as the credits for rooftop solar and battery storage would end this year, if the bill also manages to pass through the Senate. Since around 70% of the rooftop solar industry now uses lease arrangements, the legislation could prove disastrous for companies like Sunrun Inc. (NASDAQ:RUN) that lease equipment to customers. Moreover, the bill eliminates the 'transferability' of tax credits for installers, which puts the whole business model of Sunrun under threat since the company generated over $700 million last year from transferring investment tax credits from its solar and storage projects. While we acknowledge the potential of RUN to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than RUN and that has 100x upside potential, check out our report about this cheapest AI stock. READ NEXT: 10 Cheap Energy Stocks to Buy Now and 10 Most Undervalued Energy Stocks to Buy According to Hedge Funds Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
29-05-2025
- Business
- Yahoo
Jefferies Trims Sunrun Price Target Amid IRA Uncertainty
Jefferies analyst Julian Dumoulin-Smith lowered his price target for Sunrun Inc. (NASDAQ:RUN) from $7 to $6 on May 28, while maintaining a Hold rating on the company's shares. The change coincides with House debates over the Inflation Reduction Act (IRA) amendments and the expectation of additional leniency from the Senate. The crucial question for Sunrun Inc. (NASDAQ:RUN), according to Dumoulin-Smith, is whether the Senate will opt to lift the 2026 deadline for residential leases. The company might be able to extend the Investment Tax Credit runway with a strong safe harbor strategy, the analyst said, if the Senate votes in favor of it. That said, Jefferies advises investors to stay alert for any updates on IRA modifications since there will likely be continuous stock volatility in the near future. Sunrun Inc. (NASDAQ:RUN) is a leading American renewable energy subscription service provider, delivering energy storage and solar for homes at no upfront fees. While we acknowledge the potential of RUN to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than RUN and that has 100x upside potential, check out our report about the cheapest AI stock. Read More: and Disclosure: None. Sign in to access your portfolio
Yahoo
29-05-2025
- Business
- Yahoo
Jefferies Trims Sunrun Price Target Amid IRA Uncertainty
Jefferies analyst Julian Dumoulin-Smith lowered his price target for Sunrun Inc. (NASDAQ:RUN) from $7 to $6 on May 28, while maintaining a Hold rating on the company's shares. The change coincides with House debates over the Inflation Reduction Act (IRA) amendments and the expectation of additional leniency from the Senate. The crucial question for Sunrun Inc. (NASDAQ:RUN), according to Dumoulin-Smith, is whether the Senate will opt to lift the 2026 deadline for residential leases. The company might be able to extend the Investment Tax Credit runway with a strong safe harbor strategy, the analyst said, if the Senate votes in favor of it. That said, Jefferies advises investors to stay alert for any updates on IRA modifications since there will likely be continuous stock volatility in the near future. Sunrun Inc. (NASDAQ:RUN) is a leading American renewable energy subscription service provider, delivering energy storage and solar for homes at no upfront fees. While we acknowledge the potential of RUN to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than RUN and that has 100x upside potential, check out our report about the cheapest AI stock. Read More: and Disclosure: None. Sign in to access your portfolio
Yahoo
29-05-2025
- Business
- Yahoo
Here is Why Sunrun (RUN) Nosedived This Week
The share price of Sunrun Inc. (NASDAQ:RUN) fell by 37.69% between May 20 and May 27, 2025, putting it among the Energy Stocks that Lost the Most This Week. Let's shed some light on the development. A field of solar panels glistening in the afternoon sun, symbolizing the company's renewable energy ambitions. Sunrun Inc. (NASDAQ:RUN) is America's leading provider of clean energy as a subscription service, offering residential solar and energy storage with no upfront costs. The share price of Sunrun Inc. (NASDAQ:RUN) nosedived last week after the House of Representatives narrowly passed President Trump's sweeping tax and spending bill, potentially ending Biden-era tax credits for clean energy projects years sooner than planned. The bill could deal a massive blow to the country's solar energy industry, which depends heavily on these credits to sustain itself. The already struggling rooftop solar industry has been hit particularly hard as the credits for rooftop solar and battery storage would end this year, if the bill also manages to pass through the Senate. Since around 70% of the rooftop solar industry now uses lease arrangements, the legislation could prove disastrous for companies like Sunrun Inc. (NASDAQ:RUN) that lease equipment to customers. Moreover, the bill eliminates the 'transferability' of tax credits for installers, which puts the whole business model of Sunrun under threat since the company generated over $700 million last year from transferring investment tax credits from its solar and storage projects. While we acknowledge the potential of RUN to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than RUN and that has 100x upside potential, check out our report about this cheapest AI stock. READ NEXT: 10 Cheap Energy Stocks to Buy Now and 10 Most Undervalued Energy Stocks to Buy According to Hedge Funds Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
