SunRun (RUN) has made some amazing gains in the past and it's clearly shown it has broken its downtrend pattern after the merger w/ Vivint Solar (VSLR). Vivint has an amazing management team and was doubling revenue every 2 years.
The combination of the 2 companies makes for the world's 3rd largest global owner of solar capacity:
https://www.greentechmedia.com/articles/read/sunrun-announces-acquisition-of-vivint-solar
Only 3% of US households have solar installed yet 9 out of 10 desire to have it. The future is bright for VSLR / RUN holders.
There is so much upside here that its pretty easy to spot considering the entire world is transitioning to higher proportion of solar energy.
The pro-forma company will have:
Revenue Growth
Here is what Revenue Growth will look like over next couple of years as well:
2020: $898m
2021E: $1,292m (44% increase year-over-year)
2022E: $1,483m (15% increase)
The combination of the 2 companies makes for the world's 3rd largest global owner of solar capacity:
https://www.greentechmedia.com/articles/read/sunrun-announces-acquisition-of-vivint-solar
Only 3% of US households have solar installed yet 9 out of 10 desire to have it. The future is bright for VSLR / RUN holders.
There is so much upside here that its pretty easy to spot considering the entire world is transitioning to higher proportion of solar energy.
The pro-forma company will have:
- 495k customers combined
- 3,435 MW cumulative solar installations
- $592 million of cash on the Balance Sheet
Revenue Growth
Here is what Revenue Growth will look like over next couple of years as well:
2020: $898m
2021E: $1,292m (44% increase year-over-year)
2022E: $1,483m (15% increase)
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.