Sunrun Inc | RUN

Daily Technical Analysis of Sunrun Inc

Sunrun had a nice pop today and is currently up 4.47% we'll see if the cash keeps flowing in. It looks like RUN may be interacting with a slightly angled support line. This area could represent a pivot point that it moves up from. Sunrun hasn't been treated too well by the market over the last few months and has seen a lot of selling continue to drive price down. It may get a little bounce here that will be subsequently followed by profit taking. Over the past 3 months, owners of the Semiconductors company are down -38.20 percent, we'll see if more buyers feel it's appropriately priced and want to purchase, if so we might get a little bounce.

If we get a reversal off of support and Sunrun starts moving up, it can probably get to $9.16 at which point it'll need to break through that resistance level in order to keep moving higher. There aren't very obvious support levels beneath this point. So put those stop losses on, this thing has room to fall if buyers don't come in at this level.

Analyst Ratings for Sunrun By Price Target And Rating

The analysts are pretty neutral on Sunrun right now, so not much useful information here. The current Analysts Sentiment Score is 1.71. Most companies range between (-200 to 200).

Here's a break down of the latest rating changes. Susquehanna announced that they are reiterating a rating of Positive on 2024-04-05 and they set their price target at $25.00. Royal Bank of Canada announced a lowering of their price target to $15.00 from $17.00 on 2024-03-15. On 2024-02-27 Janney Montgomery Scott downgraded Sunrun from Buy to Neutral. On 2024-02-26 there was confirmation of the previous rating by Truist Financial which was Hold and decided to decrease their price target by -6.67% down to $14.00. On 2024-02-22 The Goldman Sachs Group increased their price target by 5% to $21.00. BMO Capital Markets provided a price target boost of 11.11% to $20.00 from $18.00 on 2024-02-22. Oppenheimer reiterated a rating of Outperform on 2024-02-22 and added a price target of $19.00. Piper Sandler announced a lowering of their price target to $27.00 from $31.00 on 2024-02-22. KeyCorp reiterated a rating of Overweight on 2024-01-04. Mizuho gave a boost to their price target and moved to $28.00 from $23.00 on 2024-01-03.

Earnings Per Share (EPS) Estimates By Year and Quarter

Short interest for Sunrun

We take into account several different measures of short interest to create a composite score. These measures are shown in the chart below. Short selling is when investors are betting against a stock. We compile these factors to create a dynamic Short Score - this can indicate poor sentiment, internal problems with a company or industry and the anticipation of future price declines. We look at the short interest percent, days to cover, the rate of change and total shares sold short.

Social Sentiment for Sunrun

Social Sentiment is an aggregation of several different factors such as news, articles, blogs, user content, ratings, etc. Which is shown in the chart below. It may become predictive of a reversal if price and the sentiment diverge. Broader market forces may push prices up or down but if market participants maintain a different view on a specific stock, it may be taken as an opportunity to buy or sell in those cases.