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Why Sunrun Inc's Shares Popped 14% Today


Why Sunrun Inc's Shares Popped 14% Today

Shares of residential solar installer Sunrun Inc. (NASDAQ: RUN) jumped as much as 14.3% in trading Thursday after reporting better than expected earnings. At 1:30 p.m. EST shares had given back some of their gains but were still up 8.7% on the day.

Solar deployments jumped 12% from a year ago to 90 megawatts, exceeding the company's guidance of 88 MW. More importantly, net present value created increased 21% to $93 million and unlevered NPV per watt was $1.15, the highest in Sunrun's history.

Image source: Getty Images.

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Source: Fool.com

Sunrun Inc Stock

€15.03
-2.990%
We can see a decrease in the price for Sunrun Inc. Compared to yesterday it has lost -€0.456 (-2.990%).
Currently there is a rather positive sentiment for Sunrun Inc with 3 Buy predictions and 1 Sell predictions.
With a target price of 22 € there is a positive potential of 46.39% for Sunrun Inc compared to the current price of 15.03 €.
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