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 $10.85, up 4.99% from the previous day, and has decreased 47.25% in one year. It has overperformed other stocks in the Solar industry by 0.09 percentage points. Sunrun stock is currently +28.65% from its 52-week low of $8.43, and -54.53% from its 52-week high of $23.85.
There are currently 219.59M shares of RUN outstanding. The market capitalization of RUN is $2.38B. In the last 24 hours, 11.31M RUN shares were traded.
How to Buy Sunrun Stock
Not sure how to invest in Sunrun stock? Here's how.
- 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.
- Create your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Deposit funds into your investment account: Choose your payment method and add your information.
- 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).
- 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.
- 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.
Our recommended brokerage: eToro
Based on our research, eToro is the best stock brokerage. Here's why:
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- Security: eToro is a regulated and licensed fintech leader.
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Get $10 towards your stock purchase by opening an account with eToro today.
Open eToro AccountStep 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
- 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.
- Enter your personal details to create your new brokerage account.
- Send your information by pressing the "Create Account" button. Get started with eToro today
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.
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
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 0.46x, relative to Solar industry P/B ratio of 2.49x
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 $987.84M in cash and short term investments. This is not sufficient to cover its annual cash burn of $3.43B.
- RUN profit margin has gone down from 7.5% to -71% in the past year.
- RUN has a relatively high debt to equity ratio of 2.59.
- RUN has cash burn of 3428883000. 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 17 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
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.
Maheep Mandloi, a bottom 2% analyst from Mizuho maintains RUN with a strong buy rating and raises their RUN price target from $23.00 to $28.00, on Jan 3, 2024.
Dushyant Ailani, a top 42% analyst from Jefferies initiates coverage on RUN with a strong buy rating and announces their RUN price target of $25.00, on Dec 15, 2023.
Stephen Byrd, a top 6% 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
Is RUN Making Money?
Last year, RUN revenue was $2.26B. In the past 5 year, RUN's revenue has gone up by 24.35% per year. This was slower than the Solar industry average of 26.77%.
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:
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:
- Figure out where to buy Sunrun stock
- Create your brokerage account
- Deposit funds into your investment account
- Research Sunrun stock
- Make your RUN trade
- 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 TodayIf you would like to monitor your investment in Sunrun, create your watchlist below.
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