Key Highlights

  • 36.69% in a week put EVgo (NASDAQ:EVGO) at USD 1.70 after LS Power's unsolicited, non-binding USD 2.00 cash proposal, which sits about 17.6% above the snapshot price (calculated).
  • 35.35% over one week lifted Array Technologies (NASDAQ:ARRY) to USD 4.81 even though third quarter Revenue fell to USD 330.2 million from USD 393.5 million and full year guidance was cut.
  • 22.87% over one week and 18.69% over one month took Sunrun (NASDAQ:RUN) to USD 9.08, yet the stock is still down 35.74% over six months after a Cash Generation guidance cut.
  • Records and cuts sit side by side: Array's orders reached USD 2.6 billion, Sunrun's revenue rose 52% to USD 1,099.5 million, and EVgo lowered revenue guidance to USD 400 million to USD 430 million.

EVgo (NASDAQ:EVGO): Up 36.69% in the Past Week on LS Power's USD 2.00 Take-Private Proposal

EVgo (NASDAQ:EVGO) rallied because of a take-private proposal. On Monday, November 2, 2026, the company confirmed an unsolicited, non-binding offer from LS Power Equity Advisors and affiliates at USD 2.00 per share in cash for the Class A shares LS Power does not already own. Published coverage called it the stock's best day in two years, with a gain of about 46.83%. Before the news the shares were about USD 1.26, below the 200-day average of USD 1.93. At USD 1.70, the stock trades about 15% below the offer (calculated). LS Power holds about 56% of voting power, so the outcome depends on a special committee of independent directors, and the gap to the offer reflects the chance of a higher bid, a lower one or no deal. UBS downgraded the stock to neutral on November 4, after earlier cutting its target from USD 3 to USD 2, and RBC cut its target from USD 2.50 to USD 1.75 with an Outperform rating. Fundamentals are a second driver: full year revenue guidance was lowered to USD 400 million to USD 430 million, Xtend outlook was raised to USD 90 million to USD 95 million, and 2026 stall additions are set at 1,350 to 1,625. The 3M, 6M and YTD figures were not visible. Risks are specific: throughput per stall fell 2%, third quarter results are due on November 9, 2026, and a failed proposal could reverse the move. A small number of trades can move EVgo (NASDAQ:EVGO), and spreads can be wide.

Array Technologies (NASDAQ:ARRY): Up 35.35% in the Past Week on a Low Base Rebound, No Single Catalyst Identified

No single catalyst for the weekly rise at Array Technologies (NASDAQ:ARRY) was identified, and the Quarterly Report pointed down on earnings. Third quarter 2026 revenue was USD 330.2 million against USD 393.5 million, adjusted EBITDA fell to USD 32.1 million from USD 72.2 million and adjusted EPS to USD 0.06 from USD 0.30. General mechanisms are a low base rebound and short covering. Shares traded at USD 3.21 on October 26, 2026, close to the 52-week low of USD 3.10 and far below the high of USD 12.23, so the gain started from a depressed level. The latest session fell 9.85%, so part of the weekly rise was already being given back. Record executed contracts and awarded orders of USD 2.6 billion, up 42%, and a book to bill ratio of 1.6x are context, not a forecast. Valuation: Market Value was near USD 741 million (calculated from 154.01 million shares), the forward P/E was 4.15, and the published average target was USD 7.26 from 24 analysts. Risks: full year revenue guidance was cut to USD 1.34 billion to USD 1.40 billion, Debt was about USD 661.8 million (calculated), and the Series A preferred carries a USD 510.0 million Liquidation preference ranking ahead of common holders. Volume was 1,273,035 shares by mid morning on October 26, so a small number of trades can move Array Technologies (NASDAQ:ARRY), and the move may reverse.

Sunrun (NASDAQ:RUN): Up 22.87% in the Past Week on Third Quarter Results, No Single Catalyst Identified for the Full Move

Sunrun (NASDAQ:RUN) reported third quarter 2026 results on November 4, 2026. Total revenue was USD 1,099.5 million, up 52%, Net Income attributable to common stockholders was USD 153.2 million, or USD 0.56 per diluted share, and Operating Cash Flow was USD 301.4 million. No single catalyst is identified for the full 22.87% weekly move beyond these results, so the rest is general context. Residential solar names depend on project financing, so shifts in rate or tax Credit sentiment can move shares sharply. The quarter showed a storage attachment rate of 75%, up from 70%, and about 5.0 GWh of networked storage capacity. A stock that fell 35.74% over six months and 7.20% over three months can also rebound once expectations reset, which is a low base rebound rather than a signal of direction. Simple arithmetic on the row puts the price one week earlier near USD 7.39, and the shares were USD 9.08 on November 5, 2026, up 18.69% over one month. Risks are specific: full year Cash Generation guidance was cut to about USD 200 million from USD 200 million to USD 375 million, subscriber additions of 22,957 were 24% lower, and Net Subscriber Value was USD 9,462, down 28%. Valuation ratios, the 52-week range and average volume could not be confirmed. Sunrun (NASDAQ:RUN) sits in the Mid cap bucket, but the stock is volatile and the move may reverse.

Where Things Stand

The strongest energy and solar rally of the past week was EVgo at 36.69%, followed by Array Technologies at 35.35% and Sunrun at 22.87%. The link is a depressed starting point and a lift from news that did not fix every problem: a Takeover bid, record orders and strong revenue against guidance cuts. These are best-performing small caps (300 million to 2 billion USD) and mid caps (2 billion to 10 billion USD) in a published screener snapshot of November 5, 2026. Small and mid cap rallies of this size can reverse because Liquidity is thin and a deal or guidance can change quickly.