Sunrun Stock Jumps Thursday After Big Q3 Beat: What’s Going On?
Shares of Sunrun Inc (NASDAQ:RUN) are trading higher on Thursday after the company reported better-than-expected third-quarter financial results.
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Shares of Sunrun Inc (NASDAQ:RUN) are trading higher on Thursday after the company reported better-than-expected third-quarter financial results.
Solar ETF TAN beat oil explorers fund XOP by nearly 13% Wednesday, its best day since 2022, as Democrats won Congress and crude sank on Iran bets.
Sunrun announced its financial results for the third quarter ended September 30, 2026, reporting a return to growth in its direct business and a record storage attachment rate.
First Solar jumped 9% after Democrats swept Congress, while Trump’s tariffs are already helping its competitive position.
Sunrun has doubled its participation in a distributed power plant program in Puerto Rico to assist the local grid operator in preventing outages.
JP Morgan analyst Mark Strouse maintains Sunrun (NASDAQ:RUN) with a Overweight and lowers the price target from $14 to $12.