- Sunrun, as a provider of residential solar panels and home batteries, has maintained a leading market share during the last two years.
- With Vivint Solar acquisition, the company has reinforced its top position, and also benefited from cost synergies of approximately $120 million.
- Despite the dynamic supply chain environment, the company has delivered strong growth, but margins have suffered due to pricing pressures.
- Negative cash from operations metrics reveals the high upfront costs and fierce competition in the solar panels market for homes.
- With more economies of scale, better financing options, less debt, and a strategy to increase near-term cash flow, Sunrun is a buy.
For further details see:
Sunrun: Acquisition Synergies And Scale Are Positives Amid Supply Chain Challenges