Sunrun Inc. logo RUN - Sunrun Inc.

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
0
BUY 23
HOLD 13
SELL 1
STRONG
SELL
0
| PRICE TARGET: $17.29 DETAILS
HIGH: $22.00
LOW: $12.00
MEDIAN: $18.00
CONSENSUS: $17.29
UPSIDE: 35.29%
AlphaVal

AlphaVal

Deterministic, archetype-aware fair value

Stable Earnings Power 40% confidence

Primary model: P/Adj-EPS × Normalized Multiple

Valuation Signal Undervalued Strong
Trading 60.2% below fair value
Current Price $12.78
Bear Case $25.70 101.1% upside ($25.70 - $12.78) / $12.78 = 101.1% $1.71 × 18x P/E
Fair Value $32.12 151.4% upside ($32.12 - $12.78) / $12.78 = 151.4% $1.71 × 22x P/E
Bull Case $38.54 201.6% upside ($38.54 - $12.78) / $12.78 = 201.6% $1.71 × 27x P/E

Adjust Assumptions

22.5x
1.71$

Key Value Driver

Normalized P/E multiple (22x base case)

Implied Market Multiple 7.5x

Plain-Language Summary

Our base-case estimate uses a valuation based on adjusted earnings per share and a normalized price-to-earnings multiple. We then blend that result with the average analyst price target of $17.29 from 37 analysts, using a 30% weight on analyst consensus. That produces an estimated intrinsic value of $32.12 per share.

Warnings

Wall Street's average price target is $17.29 (from 37 analysts). Our estimate is 123% above the consensus -- consider that gap carefully.

Key Risks

  • Growth DCF inappropriate — terminal value assumptions dominate
  • EV/EBITDA misleading for regulated businesses where capex is mandated
  • Regulatory risk is a fat tail not visible in normal multiples