SPRU vs. OPTT, SLNG, VVPR, SUUN, WAVE, CGBS, NOVA, CETY, ALCE, and CDZIP
Should you be buying Spruce Power stock or one of its competitors? The main competitors of Spruce Power include Ocean Power Technologies (OPTT), Stabilis Solutions (SLNG), Vivopower International (VVPR), SolarBank (SUUN), Eco Wave Power Global AB (publ) (WAVE), Crown LNG (CGBS), Sunnova Energy International (NOVA), Clean Energy Technologies (CETY), Alternus Clean Energy (ALCE), and Cadiz (CDZIP). These companies are all part of the "utilities" industry.
Spruce Power vs. Its Competitors
Spruce Power (NYSE:SPRU) and Ocean Power Technologies (NASDAQ:OPTT) are both small-cap utilities companies, but which is the better business? We will contrast the two businesses based on the strength of their institutional ownership, profitability, earnings, analyst recommendations, valuation, risk, media sentiment and dividends.
Spruce Power has a net margin of -94.85% compared to Ocean Power Technologies' net margin of -304.91%. Spruce Power's return on equity of -34.62% beat Ocean Power Technologies' return on equity.
20.8% of Spruce Power shares are held by institutional investors. Comparatively, 11.9% of Ocean Power Technologies shares are held by institutional investors. 12.7% of Spruce Power shares are held by insiders. Comparatively, 1.0% of Ocean Power Technologies shares are held by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company will outperform the market over the long term.
Spruce Power has a beta of 1.47, meaning that its stock price is 47% more volatile than the S&P 500. Comparatively, Ocean Power Technologies has a beta of 2.62, meaning that its stock price is 162% more volatile than the S&P 500.
Ocean Power Technologies has lower revenue, but higher earnings than Spruce Power. Ocean Power Technologies is trading at a lower price-to-earnings ratio than Spruce Power, indicating that it is currently the more affordable of the two stocks.
In the previous week, Ocean Power Technologies had 1 more articles in the media than Spruce Power. MarketBeat recorded 2 mentions for Ocean Power Technologies and 1 mentions for Spruce Power. Spruce Power's average media sentiment score of 0.00 equaled Ocean Power Technologies'average media sentiment score.
Summary
Spruce Power beats Ocean Power Technologies on 7 of the 12 factors compared between the two stocks.
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New MarketBeat Followers Over Time
This chart shows the number of new MarketBeat users adding SPRU and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
Media Sentiment Over Time
This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
Spruce Power Competitors List
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This page (NYSE:SPRU) was last updated on 7/24/2025 by MarketBeat.com Staff
