Sunrun, Inc.: Growth in Storage & Solar Markets Driving Our Bullishness! 

Sunrun’s earnings for the fourth quarter and full year of 2024 presents a complex blend of progress and challenges, demonstrating the company’s navigational agility within a dynamic industry landscape. The company reported strong quarterly performance, implementing strategic measures to enhance its operational and financial standing while managing market uncertainties. The positives highlight Sunrun’s ability to adapt and innovate amid a rising interest rate environment and evolving state regulations. The firm has strategically optimized its product offerings, focusing on high-value geographies and improving cost efficiencies, while increasing its storage attachment rates. These efforts have led to reportedly the highest net subscriber values in the company’s history. Sunrun has sustained positive cash generation for three consecutive quarters with a projection to continue this trend into 2025. This financial discipline has enabled Sunrun to reduce its parent debt by $186 million since the first quarter of the previous year.