{"contract": "sm-investment-case-1", "found": true, "available": true, "as_of": "2026-09-11", "checked_on": "2026-09-21", "listing": {"uuid": "1ab5c0c1-3386-472a-8dfd-1f8a427392b1", "symbol": "RUN", "name": "Sunrun Inc", "exchange": "NASDAQ", "country": "US", "sector": "Technology", "industry": "Solar"}, "business_type": "Operating company", "price": {"value": 8.56, "currency": "USD", "as_of": "2026-09-11", "basis": "Completed weekly quoted close; before dividends"}, "assessment": {"available": false, "rating": "Not rated", "target_price": null, "target_date": null, "price_change_to_target_pct": null, "currency": "USD", "reviewed_on": "2026-09-16", "explanation": "A target is not published until the required checks pass. At least three consecutive annual USD results with sales, operating profit and capital spending are required.", "assumptions": []}, "review": {"status": "Review needed", "last_checked": "2026-09-16T21:40:29.813836+00:00", "next_scheduled": "2026-12-15", "published_at": "2026-09-16T21:40:29.813836+00:00", "environment": "live", "publication_url": "https://sharemaestro.com/investment-case/record/2282/"}, "business_view": {"headline": "Lower valuation, stronger profitability.", "summary": "More sales are becoming operating profit, but year-to-date profit is lower.", "case_for": [{"headline": "More sales are becoming operating profit", "explanation": "The latest quarterly operating margin was 4.0%, +23.7 percentage points from a year earlier. Compare the sales and margin contributions below.", "evidence_url": "https://sharemaestro.com/investment-case/ticker/1ab5c0c1-3386-472a-8dfd-1f8a427392b1/#ic-profit-drivers"}, {"headline": "Quarterly sales are growing", "explanation": "Revenue changed +52.8% from the same quarter last year, through 2026-06-30. The previous quarter\u2019s year-on-year change was +43.2%.", "evidence_url": "https://sharemaestro.com/investment-case/ticker/1ab5c0c1-3386-472a-8dfd-1f8a427392b1/#ic-quarter-sales"}], "case_against": [{"headline": "Year-to-date profit is lower", "explanation": "Across 2 completed quarters since 2025-12-31, net income was 282.8m versus 329.8m in the matching prior-year periods (USD). Check whether the latest quarter changes that direction.", "evidence_url": "https://sharemaestro.com/investment-case/ticker/1ab5c0c1-3386-472a-8dfd-1f8a427392b1/#ic-quarter-profit"}, {"headline": "Quarterly profit fell", "explanation": "Net income was 115.2m, compared with 279.8m in the same quarter last year. Amounts are in USD.", "evidence_url": "https://sharemaestro.com/investment-case/ticker/1ab5c0c1-3386-472a-8dfd-1f8a427392b1/#ic-quarter-profit"}]}, "watch_points": [], "financial_period": "2026-06-30", "next_results": "2026-11-05", "data_notes": ["Financial totals have been checked against their reporting periods. Only matching twelve-month figures are used; unsupported measures remain blank."], "canonical_url": "https://sharemaestro.com/investment-case/ticker/1ab5c0c1-3386-472a-8dfd-1f8a427392b1/", "pdf_url": "https://sharemaestro.com/investment-case/ticker/1ab5c0c1-3386-472a-8dfd-1f8a427392b1/download.pdf", "limitations": ["The published assessment stays fixed between governed reviews. Scenarios edited in the browser do not change it.", "Each financial period and price date is separate. Company coverage varies.", "Targets exclude dividends, fees and tax. A missing target is unavailable, not zero.", "Preview assessments are identified and do not establish a live performance record."], "disclaimer": "Automated model research, not personal investment advice. Targets depend on assumptions; returns are not guaranteed.", "revision": "896fc62ba08489b2ca94fc64068e6c25cae190b76422ea9b034fc515ade94c35"}