Free Trial
NYSE:SPRU

Spruce Power (SPRU) Stock Price, News & Analysis

Spruce Power logo
$1.56 -0.02 (-1.20%)
Closing price 10/2/2026 03:58 PM Eastern
Extended Trading
$1.58 +0.02 (+1.22%)
As of 07:00 AM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Massive. Learn more.

About Spruce Power Stock (NYSE:SPRU)

Advanced

Key Stats

Today's Range
$1.53
▼
$1.62
50-Day Range
$1.53
▼
$2.38
52-Week Range
$1.47
▼
$6.75
Volume
86,420 shs
Average Volume
208,381 shs
Market Capitalization
$30.05 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
N/A
Consensus Rating
Sell

Company Overview

Spruce Power Holdings Corporation is a renewable energy company that owns and operates residential solar energy systems in the United States. The company provides homeowners with access to solar-generated electricity through long-term customer agreements and manages the associated energy assets over their operating lives.

Its business activities include acquiring portfolios of residential solar systems, maintaining and monitoring those systems, managing customer relationships and contracts, and providing related asset-management and administrative services. Spruce Power generally acquires existing solar portfolios rather than focusing primarily on the development and installation of individual systems.

The company was formerly known as XL Fleet Corp. and adopted the Spruce Power name as it transitioned its focus toward residential solar assets. Spruce Power is headquartered in the United States and serves customers through its portfolio of residential solar installations across multiple U.S. markets.

AI Generated. May Contain Errors.

Spruce Power Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
2nd Percentile Overall Score

SPRU MarketRank™: 

Spruce Power scored higher than 2% of companies evaluated by MarketBeat, and ranked 96th out of 96 stocks in the utilities sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Spruce Power has received a consensus rating of Sell. The company's average rating score is 1.00, and is based on no strong buy ratings, no buy ratings, no hold ratings, and 1 sell rating.

  • Amount of Analyst Coverage

    Spruce Power has only been the subject of 1 research reports in the past 90 days.

  • Read more about Spruce Power's stock forecast and price target.
  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Spruce Power is -3.47, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Spruce Power is -3.47, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Book Value per Share Ratio

    Spruce Power has a P/B Ratio of 0.26. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

  • Read more about Spruce Power's valuation and earnings.
  • Percentage of Shares Shorted

    4.94% of the float of Spruce Power has been sold short.
  • Short Interest Ratio / Days to Cover

    Spruce Power has a short interest ratio ("days to cover") of 12.51, which indicates bearish sentiment.
  • Change versus previous month

    Short interest in Spruce Power has recently increased by 0.57%, indicating that investor sentiment is decreasing.
  • Dividend Yield

    Spruce Power does not currently pay a dividend.

  • Dividend Growth

    Spruce Power does not have a long track record of dividend growth.

  • MarketBeat Follows

    10 people have added Spruce Power to their MarketBeat watchlist in the last 30 days. This is an increase of 900% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Spruce Power insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    11.20% of the stock of Spruce Power is held by insiders. A high percentage of insider ownership can be a sign of company health.

  • Percentage Held by Institutions

    20.76% of the stock of Spruce Power is held by institutions.

  • Read more about Spruce Power's insider trading history.
Receive SPRU Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Spruce Power and its competitors with MarketBeat's FREE daily newsletter.

SMS is currently available in Australia, Belgium, Canada, France, Germany, Ireland, Italy, New Zealand, the Netherlands, Singapore, South Africa, Spain, Switzerland, the United Kingdom, and the United States. By entering your phone number and clicking the sign-up button, you agree to receive periodic text messages from MarketBeat at the phone number you submitted, including texts that may be sent using an automatic telephone dialing system. Message and data rates may apply. Message frequency will vary. Messages will consist of stock alerts, news stories, and partner advertisements/offers. Consent is not a condition of the purchase of any goods or services. Text HELP for help/customer support. Unsubscribe at any time by replying "STOP" to any text message that you receive from MarketBeat or by visiting our mailing preferences page. Read our full terms of service and privacy policy.

SPRU Stock News Headlines

Spruce Power Reports Second Quarter 2026 Results
Ticker Revealed: Pre-IPO Access to "Next Elon Musk" Company
We’ve found The Next Elon Musk… and what we believe to be the next Tesla. It’s already racked up $26 billion in government contracts. Peter Thiel just bet $1 Billion on it.tc pixel
Spruce Power Holdings LLC Registered Shs
See More Headlines

SPRU Stock Analysis - Frequently Asked Questions

Spruce Power's stock was trading at $5.06 at the beginning of 2026. Since then, SPRU shares have decreased by 69.2% and is now trading at $1.5610.

Spruce Power Holding Corporation (NYSE:SPRU) released its earnings results on Wednesday, August, 12th. The company reported $0.15 earnings per share for the quarter. The business had revenue of $30.35 million for the quarter. Spruce Power had a negative trailing twelve-month return on equity of 5.94% and a negative net margin of 6.76%.
Read the conference call transcript
.

Shares of Spruce Power reverse split before market open on Monday, October 9th 2023.The 1-8 reverse split was announced on Monday, October 9th 2023. The number of shares owned by shareholders was adjusted after the market closes on Monday, October 9th 2023. An investor that had 100 shares of stock prior to the reverse split would have 13 shares after the split.

Spruce Power's board initiated a stock buyback plan on Wednesday, May 14th 2025, which authorizes the company to repurchase $50,000,000 in shares, according to EventVestor. This means that the company could repurchase up to 164.6% of its shares through open market purchases. Shares buyback plans are typically an indication that the company's board of directors believes its shares are undervalued.

Shares of SPRU stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Based on aggregate information from My MarketBeat watchlists, some other companies that Spruce Power investors own include iShares Micro-Cap ETF (IWC), The RMR Group (RMR), Waste Connections (WCN), DiamondRock Hospitality (DRH), AUO (AUOTY), American Water Works (AWK) and Triple Flag Precious Metals (TFPM).

Company Calendar

Last Earnings
8/12/2026
Today
10/05/2026
Next Earnings (Estimated)
11/10/2026
Fiscal Year End
12/31/2026

Industry, Sector and Symbol

Stock Exchange
NYSE
Sector
Utilities
Industry
Independent Power & Renewable Electricity Producers
Sub-Industry
Renewable Electricity
Current Symbol
NYSE:SPRU
CIK
1772720
Fax
N/A
Employees
159
Year Founded
N/A

Profitability

EPS (Trailing Twelve Months)
($0.45)
Trailing P/E Ratio
N/A
Forward P/E Ratio
N/A
P/E Growth
N/A
Net Income
-$26.03 million
Net Margins
-6.76%
Pretax Margin
-6.31%
Return on Equity
-5.94%
Return on Assets
-0.87%

Debt

Debt-to-Equity Ratio
3.20
Current Ratio
0.40
Quick Ratio
0.40

Sales & Book Value

Annual Sales
$111.81 million
Price / Sales
0.27
Cash Flow
$0.37 per share
Price / Cash Flow
4.25
Book Value
$6.05 per share
Price / Book
0.26

Miscellaneous

Outstanding Shares
19,250,000
Free Float
17,096,000
Market Cap
$30.05 million
Optionable
Optionable
Beta
1.20
 The Best Nuclear Energy Stocks to Buy Cover

Nuclear energy is entering a new growth cycle as rising power demand, expanding data centers, and renewed policy support bring the sector back into focus. After strong gains in recent years, the most impactful phase of nuclear investment may still be ahead. This report highlights seven nuclear energy stocks positioned across the value chain—combining near-term revenue with long-term upside as next-generation technologies scale. Click the link below to unlock the full list.

Get This Free Report

This page (NYSE:SPRU) was last updated on 10/5/2026 by MarketBeat.com Staff.
From Our Partners