Sunrun Inc: Improved Demand & Storage Adoption Changing The Game! 

Sunrun is a renewable energy company that had a strong fourth quarter and a full-year result in 2023. The company exceeded its guidance on storage capacity installation and landed in its guidance range on installed solar capacity. As a result, there were significant increases in its subscriber values, up 7% from Q3 and 18% year-over-year. This shift to higher-value subscription offerings, combined with the company’s continued cost discipline, also resulted in the net subscriber value exceeding guidance.