Sunrun Shares Down After Analyst Downgrade

Mizuho lowers price target on solar energy company's stock

Mar. 2, 2026 at 2:31pm by Ben Kaplan

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Shares of Sunrun Inc. (NASDAQ:RUN) fell 7.7% during mid-day trading on Monday after investment firm Mizuho lowered their price target on the stock from $25.00 to $22.00, though they maintained an "outperform" rating. The stock traded as low as $12.40 before closing at $12.2340, with trading volume declining 21% from the average session.

Why it matters

Sunrun is one of the leading providers of residential solar energy systems in the United States, so analyst downgrades and changes to price targets can significantly impact investor sentiment and the company's stock performance. This news comes amid broader volatility in the renewable energy sector.

The details

Mizuho cited the lower price target in a research report, though they maintained their "outperform" rating on Sunrun's stock. Several other analysts have also recently weighed in on Sunrun, with some raising their price targets and others, like Jefferies Financial Group, cutting their ratings to "hold."

  • Sunrun's stock fell 7.7% during mid-day trading on Monday, March 2, 2026.

The players

Sunrun Inc.

A leading provider of residential solar energy systems in the United States, headquartered in San Francisco, California.

Mizuho

An investment firm that lowered its price target on Sunrun's stock from $25.00 to $22.00, though they maintained an "outperform" rating.

Jefferies Financial Group

Another investment firm that cut its rating on Sunrun's stock to "hold".

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What they’re saying

“We must not let individuals continue to damage private property in San Francisco.”

— Robert Jenkins, San Francisco resident

The takeaway

This analyst downgrade and price target cut for Sunrun highlights the volatility and uncertainty in the renewable energy sector, as investors weigh factors like government policies, competition, and broader market conditions. The company's stock performance will likely continue to be closely watched by industry analysts and investors.