Citi Cuts Sunrun (RUN) Target by $6 – Here’s Why

Sunrun Inc. (NASDAQ:RUN) is one of the 10 Best Battery Technology Stocks to Buy Now.

Citi Cuts Sunrun (RUN) Target by $6 - Here's Why

Citi lowered its price target on Sunrun Inc. (NASDAQ:RUN) from $26 to $20 on April 21, 2026. The firm maintained a Buy rating on the company’s stock. The adjustment was part of the revision of estimates for the alternative energy equipment and services space following the first-quarter preview. According to Citi’s estimates, the earnings season for the sector is anticipated to be rough.

Separately, on the same day, Barclays lowered its price target on Sunrun Inc. (NASDAQ:RUN) from $23 to $14 while keeping an Equal Weight rating on the stock. The firm’s analyst expects the first quarter results to show affiliate cuts and seasonal volume declines. Barclays further believes that the company is likely to prioritize asset sales throughout 2026 to offset tax equity softness. Capital returns are anticipated but not expected in the immediate term. Buybacks or special dividends appear more realistic for late 2026 or 2027, depending on the company meeting specific leverage and covenant thresholds.

Founded in 2007, Sunrun Inc. (NASDAQ:RUN) is a leading home solar, battery storage, and energy services company in the U.S. Based in California, the company pioneered the “solar-as-a-service” model, which involved providing clean energy to residential customers through long-term lease and power purchase agreements.

While we acknowledge the risk and potential of RUN as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than RUN and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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