Goldman Sachs and Citi lower Sunrun price targets amid weaker growth outlook
On October 8, 2026 Goldman Sachs reduced its Sunrun price target from $13 to $11 and Citi cut theirs from $16 to $14, while both kept Buy recommendations. The adjustments follow a slide in the stock to a 52‑week low of $7.61 and expectations that earnings per share will decline from $1.71 in fiscal 2025 to $1.00 by fiscal 2027. Analysts also note a drop in subscriber additions and a trimmed cash‑generation outlook for 2026.
Why it matters
Goldman Sachs says the new $11 target still implies about 44% upside from the current price, suggesting potential upside if the company can improve cash generation. The lower targets signal reduced near‑term growth expectations, which may keep the stock under pressure until performance improves.
Key facts
- 1Goldman Sachs cut its Sunrun price target to $11, down from $13. finance.yahoo.com
- 2Citi lowered its Sunrun price target to $14, down from $16. finance.yahoo.com
- 3Both firms maintained a Buy rating on Sunrun. finance.yahoo.com
- 4Sunrun closed at $7.61 on October 7, a fresh 52‑week low. finance.yahoo.com
- 5Analysts project normalized EPS to drop from $1.71 in fiscal 2025 to $1.00 in fiscal 2027. finance.yahoo.com
- 6Sunrun trimmed its 2026 cash‑generation guidance to a range of $200 million‑$375 million, down from $250 million‑$450 million. finance.yahoo.com
Summary written by AlphAI from 3 of 3 sources. Not investment advice. Figures are as stated by the linked sources.