5 Most Promising Growth Stocks According to Analysts

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1. Sunrun Inc. (NASDAQ:RUN)

Number of Hedge Fund Holders: 47

Average Price Target by Analysts: $43.98

Sunrun Inc. (NASDAQ:RUN) is one of the most promising growth stocks according to analysts. During the third quarter, Sunrun Inc. (NASDAQ:RUN)’s revenue jumped about 44% on a YoY basis. GAAP EPS in the quarter totaled $0.96, beating estimates by $1.01.

Earlier this month, Sunrun Inc. (NASDAQ:RUN) and PG&E (NYSE:PCG) announced that they formed a partnership to develop an optimal battery dispatch schedule to lower power costs when demand spikes.

As of the end of the third quarter of 2022, 47 hedge funds reported owning stakes in Sunrun Inc. (NASDAQ:RUN), up from 36 hedge funds in the previous quarter. This shows that hedge fund sentiment around Sunrun Inc. (NASDAQ:RUN) is positive.

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