Sunrun Inc. Stock News

Jefferies sees winners and losers as the legislation reshapes the industry.

Solar stock Sunrun Inc (NASDAQ:RUN) was last seen down 4.2% at $8.49 after a downgrade from Jefferies to "underperform" from "hold.

Sunrun is the largest residential energy generating company in America, using batteries paired with solar to improve grid reliability and provide backup power during outages Sunrun is the largest residential energy generating company in America, using batteries paired with solar to improve grid reliability and provide backup power during outages

Sunrun Inc (NASDAQ: RUN) has been a major disappointment for investors in recent weeks, but a senior analyst at UBS remains convinced that the ongoing sell-off in this solar stock has gone a bit too far.

Sunrun stock price crashed this week as concerns about the future of the solar energy industry continued. RUN plunged to a low of $6.15 on Thursday after House Republicans passed the Big Beautiful Bill.

The recent market selloff in dividend stocks, especially REITs and utilities, presents attractive buying opportunities despite broader indices holding up. The House budget bill's rapid rollback of clean energy tax credits triggered a sharp selloff in renewables, but I see this as a long-term buying opportunity. I remain optimistic about renewables due to resilient demand, potential Senate moder...

The bill sunsets renewable energy credits, as expected, but includes more stringent provisions and rollback dates that were seen as especially bleak for rooftop solar.

Shares of solar stocks, including rooftop solar provider Sunrun (RUN -37.29%), renewables-focused utility NextEra Energy (NEE -7.41%), and renewable power provider AES Corp. (AES -4.25%), plunged on Thursday, falling 40%, 9.1%, and 5.2%, respectively, as of 12:50 p.m. ET.