Buy After Fall: Sunrun Outlook Sunrun $RUN is a solar energ | 🚀 Robin Rocket

Buy After Fall: Sunrun Outlook

Sunrun $RUN is a solar energy solutions company that installs, monitors and maintains solar panels and batteries in the United States.
Target price from JPMorgan - $86, upside potential +89%

Theses in favor of the company's growth:

• Attractive entry point. Sunrun shares fell 17% after the publication of the financials. According to J.P. Morgan analysts, the market reaction is clearly exaggerated.

• Global perspective - the trend towards renewable energy sources. The solar energy sector can receive a significant boost to development, and companies from this sector will automatically become the main beneficiaries of the changes.

Fundamental indicators:

• Market cap: $9.2 billion
• P/S = 5.86x
• P/S sector = 1.54x
• fwd revenue growth rate = 27.33%

Not an investment recommendation.