Key takeaways
- Investors warmed up to this solar stock after the company reported strong financial results.
- A third-quarter earnings report featuring $1.1 billion in revenue sent Sunrun (RUN) soaring 33.4% this week.
- Even after this week's rally, Sunrun remains down 55% from its 52-week high of $21.95, reflecting long-term investor anxiety over rising interest rates and complex project financing.
Sunrun delivered a third-quarter earnings blowout, with revenue surging 51.7% to $1.1 billion and earnings far exceeding Wall Street expectations. The residential solar provider restored growth in its direct sales channel and expanded its battery storage network despite broader industry headwinds.
See the latest quote, chart and news for RUN.
