Shares of Technology sector company Sunrun moved -2.3% today, and are now trading at a price of $16.45. The Mid-Cap stock's daily volume was 4,632,174 compared to its average volume of 10,243,834. The S&P 500 index returned a 1.0% performance.
Sunrun Inc. designs, develops, installs, sells, owns, and maintains residential solar energy systems in the United States. The company is based in San Francisco and has 10,833 full time employees. Its market capitalization is $3,677,233,152.
24 analysts are following Sunrun and have set target prices ranging from $7.78 to $38.0 per share. On average, they have given the company a rating of buy. At today's prices, RUN is trading -26.03% away from its average analyst target price of $22.24 per share.
Over the last year, RUN's share price has increased by 61.1%, which represents a difference of 28.9% when compared to the S&P 500. The stock's 52 week high is $22.26 per share whereas its 52 week low is $8.43. Sunrun has averaged free cash flows of $-525461500.0 over the last 5 years, with a mean growth rate of -41.5%. It is unlikely that the stock can sustain its current performance trend for the long term when the underlying business is experiencing such poor cash flows.
| Date Reported | Cash Flow from Operations ($ k) | Capital expenditures ($ k) | Free Cash Flow ($ k) | YoY Growth (%) |
|---|---|---|---|---|
| 2023 | -820,740 | 20,960 | -841,700 | 2.92 |
| 2022 | -848,793 | 18,203 | -866,996 | -4.99 |
| 2021 | -817,186 | 8,576 | -825,762 | -157.19 |
| 2020 | -317,972 | 3,095 | -321,067 | -39.7 |
| 2019 | -204,487 | 25,345 | -229,832 | -240.94 |
| 2018 | -62,461 | 4,951 | -67,412 |
