SAN FRANCISCO, May 01, 2025 (GLOBE NEWSWIRE) -- Sunrun (Nasdaq: RUN), the nation's leading provider of clean energy as a subscription service, announced today that its CalReady power plant has more than quadrupled in size as the summer heat begins to stress the state’s energy grid. More than 56,000 Sunrun customers’ solar-plus-battery systems—totaling approximately 75,000 batteries—will provide critical energy to California's grid during times of high energy prices, heat waves, and other grid emergency even ...

Sunrun (RUN) closed the most recent trading day at $7.50, moving +1.49% from the previous trading session. The stock outpaced the S&P 500's daily gain of 0.06%. Meanwhile, the Dow experienced a rise of 0.28%, and the technology-dominated Nasdaq saw a decrease of 0.1%.Shares of the solar energy products distributor have appreciated by 24.41% over the course of the past month, outperforming the Oils-Energy sector's loss of 10.24% and the S&P 500's loss of 4.29%.Analysts and investors alike will be keeping a c ...

Officials join Republican U.S. Representative Young Kim for ribbon cutting event to celebrate new solar projects at low-income apartment communities in Orange County that provide immediate utility bill savings to hundreds of working families SAN Cutting Energy Bills for Hundreds of Hard- Ribbon-Cutting Event at Arroyo Vista Working Residents Sunrun installed the solar systems in partnership with affordable housing providers at Arroyo Vista, Villa Plumosa, and Yorba Linda Palms apartment complexes. In total, ...

Group 1 - Sunrun (RUN) closed at $6.88, with a 4.9% gain over the past four weeks, and a mean price target of $14.18 indicating a 106.1% upside potential [1] - The mean estimate consists of 24 short-term price targets with a standard deviation of $7.24, where the lowest estimate is $6 (12.8% decline) and the highest is $38 (452.3% increase) [2] - Analysts show strong agreement in revising earnings estimates higher, which correlates with potential stock price increases [11][12] Group 2 - RUN has a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimates [13] - The Zacks Consensus Estimate for the current year has increased by 3.8% due to two upward revisions and one downward revision in estimates [12] - While the consensus price target may not be reliable for predicting the exact gain, it provides a directional guide for potential price movement [13]

In the latest market close, Sunrun (RUN) reached $6.71, with a -1.61% movement compared to the previous day. This change lagged the S&P 500's daily loss of 0.17%. At the same time, the Dow lost 0.39%, and the tech-heavy Nasdaq lost 0.05%.The solar energy products distributor's shares have seen a decrease of 2.15% over the last month, surpassing the Oils-Energy sector's loss of 10.33% and the S&P 500's loss of 3.94%.Investors will be eagerly watching for the performance of Sunrun in its upcoming earnings dis ...

SAN FRANCISCO, April 15, 2025 (GLOBE NEWSWIRE) -- Sunrun (Nasdaq: RUN) today announced that it will issue its first quarter 2025 earnings report after the market closes on Wednesday, May 7, 2025. A conference call has been scheduled to discuss these earnings results at 1:30 p.m. Pacific Time. The conference call can be accessed live via the Sunrun Investor Relations website at https://investors.sunrun.com or over the phone by dialing (877) 407-5989 (toll-free) or (201) 689-8434 (toll). An audio replay will ...

Core Insights - Sunrun has partnered with Pacific Gas and Electric Company (PG&E) to create a program that utilizes home battery power to enhance local grid reliability, aiming to reduce costs for ratepayers by avoiding or deferring distribution investments [1][3][6] Group 1: Program Details - The program will operate for up to 100 hours from June through October, involving approximately 600 Sunrun customers in areas with distribution circuit constraints [2] - Customers participating in the Local PeakShift Power program will receive a one-time payment of $150 per battery for sharing their stored solar energy, while Sunrun will be compensated for managing battery dispatches [7] Group 2: Technological Integration - The program will leverage Sunrun's partnerships with Tesla and Lunar Energy, utilizing Tesla's grid services platform to optimize Powerwall batteries and Lunar Energy's AI-enabled forecasting for dispatching various battery types [5] - Sunrun's grid services platform allows for flexibility in enrolling customers in different programs, enhancing value for the company, its customers, and the grid [8] Group 3: Strategic Importance - This initiative is part of PG&E's 2025 Seasonal Aggregation of Versatile Energy (SAVE) virtual power plant, supporting California's energy goals and enhancing local reliability [3][4] - The collaboration marks the second partnership between Sunrun and PG&E to create a virtual power plant, showcasing Sunrun's capability to rapidly deploy solutions tailored to grid operators' needs [6]

Company Performance - Sunrun's stock closed at $6.71, reflecting a +0.75% change from the previous day, outperforming the S&P 500's loss of 0.22% [1] - Over the past month, Sunrun's shares have decreased by 22.65%, significantly underperforming the Oils-Energy sector's loss of 1.22% and the S&P 500's loss of 7.48% [1] Earnings Projections - The upcoming earnings report for Sunrun is projected to show an EPS of -$0.29, which is a 27.5% increase compared to the same quarter last year [2] - Revenue for the upcoming quarter is estimated at $493.5 million, representing a 7.71% increase from the prior-year quarter [2] Annual Forecast - For the entire year, the Zacks Consensus Estimates predict an EPS of -$0.72 and revenue of $2.26 billion, indicating a -154.14% change in earnings and a +10.79% change in revenue compared to the previous year [3] - Changes in analyst estimates for Sunrun are crucial as they reflect the evolving business trends, with positive revisions indicating optimism about the company's outlook [3] Industry Context - The solar industry, part of the Oils-Energy sector, currently holds a Zacks Industry Rank of 75, placing it in the top 30% of over 250 industries [6] - The Zacks Industry Rank measures the strength of industry groups based on the average Zacks Rank of individual stocks, with top-rated industries outperforming lower-rated ones by a factor of 2 to 1 [6]

Core Insights - Sunrun reported revenue of $518.49 million for Q4 2024, a year-over-year increase of 0.4%, with an EPS of $1.41 compared to -$1.33 a year ago, indicating a significant turnaround in earnings performance [1] - The revenue fell short of the Zacks Consensus Estimate of $538.42 million, resulting in a surprise of -3.70%, while the EPS exceeded expectations by +622.22% against a consensus estimate of -$0.27 [1] Financial Performance Metrics - Solar Energy Capacity Installed for Subscribers was 232 MW, below the average estimate of 248.89 MW [4] - Networked Solar Energy Capacity reached 7,531 MW, slightly below the average estimate of 7,562.94 MW [4] - Revenue from Customer Agreements and Incentives was $388.57 million, exceeding the estimated $375.17 million, reflecting a year-over-year increase of +20.8% [4] - Revenue from Solar Energy Systems and Product Sales was $129.92 million, significantly lower than the estimated $158.65 million, marking a year-over-year decrease of -33.4% [4] - Revenue from Solar Energy Systems was $37.24 million, compared to the average estimate of $72.53 million, representing a year-over-year decline of -58.4% [4] - Revenue from Incentives was $31.02 million, below the average estimate of $39.43 million, with a year-over-year change of -8% [4] - Revenue from Products was $92.68 million, slightly above the average estimate of $88.70 million, showing a year-over-year decrease of -12.1% [4] - Revenue from Customer Agreements was $357.55 million, surpassing the average estimate of $353.72 million, with a year-over-year increase of +24.2% [4] - Gross Profit from Solar Energy Systems and Product was $1.56 million, significantly lower than the average estimate of $7.28 million [4] - Gross Profit from Customer Agreements and Incentives was $95.94 million, exceeding the average estimate of $62.21 million [4] Stock Performance - Sunrun's shares have returned -24.6% over the past month, contrasting with the Zacks S&P 500 composite's -4.1% change, indicating underperformance relative to the broader market [3] - The stock currently holds a Zacks Rank 3 (Hold), suggesting it may perform in line with the market in the near term [3]

Core Insights - Sunrun has been awarded the 2025 Platinum Solar Award and the exclusive Preferred Partner Award by BestCompany.com, recognizing its commitment to customer satisfaction, innovation, and industry leadership [1][2] - The company's focus on customer experience is highlighted by its strong Net Promoter Scores and positive customer reviews, reflecting a customer-first approach [2][4] - Sunrun's financial stability and strong partnerships have been key factors in its recognition, especially in a changing industry landscape [3] Company Achievements - Sunrun has also been recognized as a Sustainability Innovator in Good Housekeeping's 2025 Home Renovation Awards and received the 2024 Excellence in Customer Service Award from the Business Intelligence Group [3] - The company earned a 2024 Silver Stevie® Award for Achievement in Customer Experience, further emphasizing its commitment to customer service [3] Customer Experience - Sunrun offers a comprehensive maintenance, monitoring, and repair program, including 24/7 system monitoring, free maintenance and repairs, and a solar performance guarantee [4] - The company's Net Promoter Score at the time of installation reached 76 points in 2024, a level achieved by only the most trusted consumer brands [4] Business Model - Sunrun revolutionized the solar industry by removing financial barriers and providing access to renewable energy through a subscription service model, offering residential solar and storage with no upfront costs [5] - The company connects homes to clean energy, providing energy security, predictability, and peace of mind while managing energy services that benefit communities and utilities [5]