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.
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)