Sunrun Shares Fall as Guidance Cut Offsets Q2 Earnings Beat

Sunrun Inc. (NASDAQ: RUN ) shares are trading lower Thursday morning despite delivering second-quarter 2026 financial results that beat top- and bottom-line estimates. Investor sentiment was weighed down by full-year guidance cuts and a price target reduction by Goldman Sachs from $18 to $15. Sunrun shares are sliding. What’s pressuring RUN stock? Q2 Earnings Beat Driven by System Sales For the second quarter, Sunrun reported diluted earnings per share of 42 cents, topping analyst consensus estimates of 24 cents. Revenue surged 53% year-over-year to $869.99 million, surpassing expectations of $751.83 million. Top-line growth was anchored by a 193% spike in energy systems and product sales revenue, while the storage attachment rate hit a record 74%. Full-Year Outlook Trimmed Amid Headwinds Despite the quarter’s beats, Sunrun lowered its full-year 2026 Cash Generation guidan...