Sunrun (RUN) Soars 12% as Firm Hints at Strong 2025, Customer Base Expands 430%

We recently published 10 Stocks With Monster Gains. Sunrun Inc. (NASDAQ:RUN) was one of the top performers on Wednesday.

Sunrun rallied for a second day on Wednesday, jumping 12.24 percent to close at $20.73 apiece as investor sentiment was boosted by hints of a strong 2025 following news that it expanded its customer base by 430 percent year-on-year.

The company is set to release the results of its earnings performance in the fourth quarter and full-year 2025 after market close on February 26. However, announcements that its customer base soared to 106,000 last year from 20,000 in 2024 has given investors a sneak peek of what to look forward to.

In 2025, Sunrun Inc. (NASDAQ:RUN) also dispatched nearly 18 GWh of power from batteries to support grids across the US, powering as much as 15 million homes for one hour, with a combined peak of 416 MW.

Sunrun (RUN) Soars 12% as Firm Hints at Strong 2025, Customer Base Expands 430%

“Sunrun’s distributed power plants hit scale at exactly the same time grid operators needed help meeting energy demand,” Sunrun Inc. (NASDAQ:RUN) CEO Mary Powell said. “It was a record-breaking year, both in terms of US power demand and Sunrun’s ability to deliver large amounts of energy to grids across the country quickly, reliably, and at lower cost,” she noted.

Looking ahead, Sunrun Inc. (NASDAQ:RUN) posted an upbeat outlook for its business amid a projected 25 percent increase in electricity demand over the next four years, thanks to the power-hungry AI data centers, among others.

“The warning signs for our nation’s power grid are flashing. Demand for electricity is outpacing supply and prices are skyrocketing. Sunrun is proving that a quick way to build dispatchable capacity and avoid new transmission, fuel costs, or multi-year construction timelines is by leveraging home battery storage paired with solar,” said Sunrun President and Chief Revenue Officer Paul Dickson.

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Disclosure: None. This article is originally published at Insider Monkey.