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How to Buy Sunrun Stock

Sunrun Inc

Sunrun Inc. engages in the design, development, installation, sale, ownership, and maintenance of residential solar energy systems in the United States.

Sunrun stock last closed at $11.89, down 2.94% from the previous day, and has decreased 26.74% in one year. It has overperformed other stocks in the Solar industry by 0.23 percentage points. Sunrun stock is currently +41.04% from its 52-week low of $8.43, and -50.15% from its 52-week high of $23.85.

There are currently 221.66M shares of RUN outstanding. The market capitalization of RUN is $2.64B. In the last 24 hours, 8.58M RUN shares were traded.

How to Buy Sunrun Stock

Not sure how to invest in Sunrun stock? Here's how.
  1. Figure out where to buy Sunrun stock: You need to pick an online brokerage, but don't worry - we've researched dozens of online brokerages and apps to help you determine where to buy Sunrun stock.
  2. Create your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
  3. Deposit funds into your investment account: Choose your payment method and add your information.
  4. Research Sunrun stock: The Sunrun ticker symbol is RUN. Is Sunrun stock a good investment? Should you buy shares of RUN? How do RUN's underlying business fundamentals look? Do top analysts think Sunrun is a good buy? Why has RUN's stock price moved recently? (Hint: Our stock market research tools can help you decide if RUN is a good stock to buy).
  5. Make your RUN trade: Decide if you will purchase RUN shares at the current market price or use a limit order to purchase RUN stock at a given price.
  6. Get the latest news on your RUN investment: Create a watchlist to important updates regarding your new investment in Sunrun stock.

Step 1: Figure out where to buy Sunrun stock

You will need an online brokerage account to access the NASDAQ market and buy RUN stock.

A brokerage account is an investment account that enables you to buy and sell a variety of financial instruments, such as stocks, bonds, mutual funds, and ETFs.

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Step 2: Create your brokerage account

Now that you've chosen the best brokerage, the next step is to fill out some personal details so you can buy RUN stock today.

How to Create a New Brokerage Account on eToro

  1. Click here to get started.
    eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
  2. Enter your personal details to create your new brokerage account.
  1. Send your information by pressing the "Create Account" button.
  2. Get started with eToro today
    eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Step 3: Deposit funds into your investment account

Now that you have opened your account on stock market app, you need to deposit funds:

Watch the video below for more details depositing funds into your new investment account.

Get started with eToro today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Step 4: Research Sunrun stock

Once you have chosen the best place to buy Sunrun stock, it's important to evaluate their stock prior to buying, so you actually comprehend the risk as well as the opportunity.

Sunrun quick stats

RUN Price
$11.89
1w %
5.6%
1y %
-26.74%
5y %
-24.75%
P/E
-1.79x
P/B
0.51x
P/S
1.23x
PEG
N/A
Revenue
$2.13B
Earnings
-$1.45B
Fore. Rev. Growth
13.58%
Fore. Earn. Growth
N/A
Market Cap
$2.64B
Next Earnings
N/A
Next Dividend
N/A

Sunrun Fundamentals

WallStreetZen was built to help part-time investors do more in-depth fundamental analysis in less time.

You can view all of the due diligence checks on RUN's stock page.

Is RUN stock undervalued or overvalued?

Investors use many financial metrics, analyses, models, and charts to gauge RUN's fair value.

Using relative valuations methods:

  • RUN could be undervalued based on its P/B ratio of 0.51x, relative to Solar industry P/B ratio of 2.67x

You can access additional valuation analysis on RUN's stock here.

A quick look at RUN Financials

Passed Financial Due Diligence Checks:

  • There are more short-term assets than short-term liabilities on the RUN balance sheet.
  • Total RUN debt is lower than 5 years ago, relative to shareholder equity.

Failed Financial Due Diligence Checks:

  • RUN has $783.18M in cash and short term investments. This is not sufficient to cover its annual cash burn of $3.16B.
  • RUN profit margin has gone down from 0.9% to -68.2% in the past year.
  • RUN has a relatively high debt to equity ratio of 2.72.
  • RUN has cash burn of 3157787000. It does not have enough cash and short-term investments to cover this.
  • There are more long-term liabilities than short-term assets on the RUN balance sheet.

Is Sunrun stock a Buy, Hold, or Sell, according to Wall Street analysts?

Out of 10 Wall Street analysts who give forecasts on RUN, the consensus analyst rating on RUN is a Strong Buy

It's important to note that analyst forecasts are not stock recommendations, nor are they investment advice.

Latest RUN Analyst Ratings

Kashy Harrison, a bottom 1% analyst from Piper Sandler maintains RUN with a strong buy rating and lowers their RUN price target from $31.00 to $27.00, on Feb 22, 2024.

Colin Rusch, a top 34% analyst from Oppenheimer maintains RUN with a buy rating and maintains their RUN price target from $19.00 to $19.00, on Feb 22, 2024.

Ameet Thakkar, a bottom 3% analyst from BMO Capital maintains RUN with a hold rating and raises their RUN price target from $18.00 to $20.00, on Feb 22, 2024.

Brian Lee, a bottom 2% analyst from Goldman Sachs maintains RUN with a strong buy rating and raises their RUN price target from $20.00 to $21.00, on Feb 22, 2024.

Stephen Byrd, a top 3% analyst from Morgan Stanley maintains RUN with a strong buy rating and lowers their RUN price target from $26.00 to $24.00, on Dec 8, 2023.

You can dive deeper into what analysts are forecasting on the Sunrun stock forecast page.

RUN Technical Indicators

SMA10
11.9
SMA20
11.16
SMA50
11.31
SMA100
13.16
SMA200
13.22
MACD
0.22
MACD Signal
0.08
MACD Histogram
0.14
RSI
53.24
Stochastic %K
63.61
Stochastic %D
66.61
StochRSI %K
74.92
StochRSI %D
78.24

Is RUN Making Money?

Last year, RUN revenue was $2.13B. In the past 5 year, RUN's revenue has gone up by 21.31% per year. This was slower than the Solar industry average of 26.78%.

Dive into RUN's earnings and revenue performance here.

Are RUN executives and large shareholders buying or selling the stock?

Over the last year, executives and large shareholders at RUN have sold more shares than they have bought.

Edward Harris Fenster, Director of RUN, was the latest RUN insider to sell. They sold $29,403.23 worth of RUN stock on Apr 11, 2024.

Research more about who owns RUN shares here.

Can I rely on RUN as an income stream?

No, Sunrun doesn't provide an income stream by paying out dividends.

What do other traders have to say about RUN?

One of the reasons eToro is our favorite brokerage is because of its social trading community.

Click below to find out what other traders have to say.

Step 5: Make your RUN trade

You have two main options:

  • Market order: A market order is an order to buy or sell a stock at the best possible price.
    Market orders are usually sufficient.
  • Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
    If you want to make sure you're buying or selling at a particular price limit, place a limit order.

Click the Open button and eToro will execute the order.

If you need more assistance buying stocks on eToro, watch the helpful video below:

Open eToro Account

Step 6: Get the latest news on your RUN investment

Now that you own some RUN shares, you'll want to keep up with your investment.

Start a watchlist to track your RUN stock.

RUN Feed

How to Buy Stock in Sunrun

To reiterate, here are the 6 steps to buy Sunrun stock:

  1. Figure out where to buy Sunrun stock
  2. Create your brokerage account
  3. Deposit funds into your investment account
  4. Research Sunrun stock
  5. Make your RUN trade
  6. Get the latest news on your RUN investment

If you require a place to buy stocks, eToro is our recommended option.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you would like to monitor your investment in Sunrun, create your watchlist below.

NASDAQ: RUN
$11.89-0.36 (-2.94%)
Updated May 17, 2024
Open eToro Account
NASDAQ: RUN
$11.89-0.36 (-2.94%)
Updated May 17, 2024
Open eToro Account

FAQ

How much does it cost to buy one Sunrun share?

As of May 17, 2024, it costs $11.89 to buy one share of Sunrun stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $5, you can buy 0.421 shares of RUN.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Sunrun stock?

According to 10 Wall Street analysts who monitor Sunrun, their consensus recommendation is to buy Sunrun stock.

What is the best way to buy Sunrun stock?

One way to place an order for Sunrun stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.