5 NASDAQ Stocks with Biggest Upside

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1. Sunrun Inc. (NASDAQ:RUN)

Average Analyst Price Target Upside: 108%

Number of Hedge Fund Holders: 35

Sunrun Inc. (NASDAQ:RUN) is a California-based residential solar, storage, and energy services company. As of March 18, the company is valued at $2.152 billion.

According to Insider Monkey’s database, hedge fund sentiment was positive toward Sunrun Inc. (NASDAQ:RUN) in the fourth quarter of 2023 as hedge funds with a stake in the stock were 35 and the total stakes amounted to $902.546 million. This is compared to 26 funds with positions worth $460.447 million in the previous quarter. With 14.212 million company shares worth $278.987 million, William B. Gray’s Orbis Investment Management is the most significant investor in the company as of December 31, 2023.

Sunrun Inc. (NASDAQ:RUN) has been covered by 19 Wall Street analysts over the past three months and 11 analysts keep a Buy rating on the stock. It is one of the top NASDAQ stocks with the biggest upside as the average price target of $20.32 represents an upside of 108% from the current levels at the time of writing on March 18.

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