Sunrun Inc
RUN: XNAS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$73.00 | Trgbm | Wwnjsmlb |
Sunrun Earnings: Growth Remains on Track Amid Share Selloff
We maintain our $27 per share fair value estimate for no-moat Sunrun following its first-quarter results. We are puzzled by the sharp selloff in shares (down 15% at the time of writing) given the company’s results were in line with our expectations. We view shares as undervalued.