Freedom Capital Markets downgrades Sunrun stock rating on valuation
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try{ var _=i o; . if(!_||_&&typeof _==="object"&&_.expiry Stocks crater, Dow slides more than 700 points as Middle East conflict widens Gold slips on stronger dollar; safe haven demand remains strong amid Iran conflict Oil extends move higher on concerns over Strait of Hormuz; more supply coming? JPMorgan names winner and loser sectors from Iran conflict (South Africa Philippines Nigeria) Freedom Capital Markets downgrades Sunrun stock rating on valuation By Analyst Ratings Published 03/03/2026, 12:55 PM Updated 03/03/2026, 12:55 PM Freedom Capital Markets downgrades Sunrun stock rating on valuation 0 RUN -6.03% Investing.com - Freedom Capital Markets downgraded Sunrun (NASDAQ:RUN) to Hold from Buy and lowered its price target to $12.00 from $22.70. The residential solar energy storage and generation services provider reported fourth-quarter revenue of $1,158.6 million on February 26, up 124% year-over-year and well above the $607 million consensus estimate. The stock has plunged 38% over the past week to $11.58, though InvestingPro data suggests the shares remain slightly undervalued at current levels, with analysis available alongside 18 additional ProTips for subscribers. Customer Agreements segment sales grew 20% year-over-year to $466.5 million. Solar Energy Systems revenue rose 433% year-over-year to $692.3 million, with the increase largely driven by one-time factors tied to a new approach to equipment sales. Freedom Capital Markets expects current-quarter revenue of $580.9 million, up 15.2% year-over-year. The firm projects full-year 2026 revenue of $2.83 billion, down roughly 4.2% year-over-year. The firm said the stock’s valuation appears elevated relative to peers despite Sunrun issuing a neutral 2026 forecast. The company carries a significant debt burden of $14.8 billion with a debt-to-equity ratio of 4.71, while InvestingPro Tips highlight that analysts anticipate sales will decline 12% in the current year—concerns reflected in the company’s "WEAK" fin...
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