12 Best Renewable Energy Stocks to Buy in 2025

10. Sunrun Inc. (NASDAQ:RUN)

No. of Hedge Fund Holders: 38

Sunrun Inc. (NASDAQ:RUN) is one of the leading residential solar and battery storage companies in the U.S. It designs, installs, and maintains residential solar energy systems, providing products and services through long-term subscription-based leases, direct sales, and power purchase agreements (PPAs).

Sunrun Inc. (NASDAQ:RUN) is expanding its presence in the energy storage industry and anticipates its installed storage capacity will be between 265 and 275 MW hours in Q1 2025, reflecting almost 30% growth year-over-year. The company is expanding its network through strategic collaborations. Sunrun’s focus is to integrate residential solar energy systems with the broader electric grid, converting homes into smart, controllable load resources. The company launched around 16 grid service programs in the U.S., with more than 20,000 customers participating in these programs. Sunrun is also offering free or heavily discounted home batteries to consumers taking part in the 10-year program.

On top of the company’s long-term plans, it delivered an adjusted EPS of $1.41 in Q4 2024, exceeding estimates by $1.60 per share. However, Sunrun’s revenue came in at $518.5 million, missing estimates by $22.56 million. During the last quarter, the company expanded its customer base by 12%. The company also reached all-time highs for storage attachment rates and installed capacity. The company reduced its recourse debt by $132 million and generated $34 million in cash in Q4. In FY2025, the company expects to generate around $200-$500 million in cash, with a target to pay down another $100 million in recourse debt.