Sunrun Leads Rout in Solar Stocks
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Solar energy stocks dropped sharply on Tuesday as the market digested cuts to renewable power tax credits in the Senate's version of the budget bill.
Sunrun (RUN) shares downgraded to Sell due to financial disclosure revealing $600/system loss and inability to sell tax credits, as well as circular cash burn problem.
Solar stocks drop sharply as Senate Republicans detail changes to Trump’s tax-and-spending bill that would phase out solar, wind and energy tax credits by 2028.
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Sunrun, First Solar, and SolarEdge Stocks Trade Down, What You Need To KnowWhat Happened? A number of stocks fell in the morning session after a U.S. Senate panel proposed phasing out solar and wind energy tax credits by 2028, raising concerns about future profitability and project viability for solar companies.
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Shares of residential solar equipment firms Sunrun, SolarEdge and Enphase plummeted by 24% or more after a draft of the Senate budget bill showed tax credits expiring for solar-power equipment as soon as 180 days after the bill's passage.
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Sunrun stock price has bounced back in the past few days as investors watch the progress on the Big Beautiful Bill. What next for RUN shares?
SunRun shares are plunging 25%, SolarEdge Technologies stock is diving 20%, and Enphase Energy is sliding 15% after Senate Republicans proposed [an end to win
Ratings for Sunrun RUN were provided by 12 analysts in the past three months, showcasing a mix of bullish and bearish perspectives. Summarizing their recent assessments, the table below illustrates the evolving sentiments in the past 30 days and compares them to the preceding months.
Solar stocks slid in off-hours trading after Senate Republicans kept in a full phase-out of solar and wind energy tax credits in [President Trump's budget bill](