Sunrun Inc is a leading provider of residential solar energy services in the United States, dedicated to making solar energy accessible and affordable for homeowners. The company designs, develops, and installs solar energy systems, often coupled with energy storage solutions, allowing customers to harness renewable energy while reducing their reliance on traditional electricity sources. Sunrun also offers various financing options, including leases and power purchase agreements, to help customers transition to solar energy with minimal upfront costs. Additionally, the company provides ongoing maintenance and monitoring services to ensure optimal performance of the solar installations, contributing to a sustainable energy future. Read More
Sunrun’s stock price has taken a beating over the past six months, shedding 50.7% of its value and falling to $6.83 per share. This was partly driven by its softer quarterly results and may have investors wondering how to approach the situation.
Looking back on renewable energy stocks’ Q4 earnings, we examine this quarter’s best and worst performers, including American Superconductor (NASDAQ:AMSC) and its peers.
A number of stocks fell in the afternoon session after Federal Reserve Chair Jerome Powell signaled a cautious stance on future monetary policy decisions during a speech in Chicago, emphasizing that trade tariffs could add upward pressure to inflation in the short term and complicate the Fed's efforts to stabilize the economy. He warned that such trade measures are "likely to move us further away from our goals," referring to the Fed's dual mandate of price stability and maximum employment.
As the Q3 earnings season comes to a close, it’s time to take stock of this quarter’s best and worst performers in the renewable energy industry, including Plug Power (NASDAQ:PLUG) and its peers.
Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at Sunrun (NASDAQ:RUN) and the best and worst performers in the renewable energy industry.
As humanity barrels into the future, our insatiable thirst for energy continues to grow exponentially. From powering sprawling cities to fueling cutting-edge technologies like artificial intelligence and electric vehicles, energy remains the lifeblood of modern civilization. The next decade promises to be a pivotal period in how we generate, store,
Industrials businesses quietly power the physical things we depend on, from cars and homes to e-commerce infrastructure. But they are at the whim of volatile macroeconomic factors that influence capital spending (like interest rates), and the market seems convinced that demand will slow.
Due to this bearish outlook, the industry has tumbled by 1.8% over the past six months. This drawdown was discouraging since the S&P 500 returned 1.1%.
Stocks recovered on Friday, with all three major indexes in the green, as the tech sector bounced back from Thursday's losses with NVIDIA Corp. (NASDAQ:NVDA) up 1.37% and Tesla, Inc. (NASDAQ:TSLA)
Residential solar energy company Sunrun (NASDAQ:RUN) missed Wall Street’s revenue expectations in Q4 CY2024, with sales flat year on year at $518.5 million. Its non-GAAP profit of $1.41 per share was significantly above analysts’ consensus estimates.
The S&P 500 and Nasdaq both slipped into the red, reversing early gains on Thursday, while the Dow Jones remained in positive territory in midday trading.
Sunrun scaled its grid services business in 2024 to include the nation’s largest single-owner virtual power plant, a new partnership with Tesla in Texas, and the country’s first vehicle-to-home grid support program in partnership with Ford and Baltimore Gas and Electric
On Tuesday January 28, 2025, a federal health payment system lockout, blamed on an "outage," sparked criticism amid Trump's spending freeze, though payments were reportedly unaffected, according to the white house.
A federal judge in the District of Columbia on Tuesday afternoon temporarily blocked an executive order given by President Donald Trump that imposed a freeze of all federal grants and loans, putting $3 trillion in funding in jeopardy and entire industries on edge.
White House freezes $3 trillion in federal funding, sparking legal and political showdown. Industries like education, healthcare, and clean energy at risk.
SAN FRANCISCO, Jan. 28, 2025 (GLOBE NEWSWIRE) -- Sunrun (Nasdaq: RUN), the nation’s leading provider of clean energy as a subscription service, today announced it has priced a securitization of leases and power purchase agreements. The securitization is Sunrun’s thirteenth securitization since 2015 and first issuance in 2025.
