SPRU vs. OPTT, SLNG, SUUN, WAVE, VVPR, CETY, CDZIP, CWEN.A, CIG.C, and RNWWW
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), PowerBank (SUUN), Eco Wave Power Global AB (publ) (WAVE), Vivopower International (VVPR), Clean Energy Technologies (CETY), Cadiz (CDZIP), Clearway Energy (CWEN.A), COMPANHIA ENERG/S (CIG.C), and ReNew Energy Global (RNWWW). 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 stock? We will contrast the two businesses based on the strength of their earnings, profitability, dividends, valuation, media sentiment, analyst recommendations, institutional ownership and risk.
Ocean Power Technologies has a consensus target price of $1.50, indicating a potential upside of 181.43%. Given Ocean Power Technologies' stronger consensus rating and higher possible upside, analysts clearly believe Ocean Power Technologies is more favorable than Spruce Power.
Spruce Power has a beta of 1.49, meaning that its share price is 49% more volatile than the S&P 500. Comparatively, Ocean Power Technologies has a beta of 2.49, meaning that its share price is 149% more volatile than the S&P 500.
Spruce Power has a net margin of -78.82% compared to Ocean Power Technologies' net margin of -304.91%. Spruce Power's return on equity of -35.22% beat Ocean Power Technologies' return on equity.
In the previous week, Ocean Power Technologies had 1 more articles in the media than Spruce Power. MarketBeat recorded 5 mentions for Ocean Power Technologies and 4 mentions for Spruce Power. Ocean Power Technologies' average media sentiment score of 0.87 beat Spruce Power's score of -0.27 indicating that Ocean Power Technologies is being referred to more favorably in the news media.
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.
20.8% of Spruce Power shares are owned by institutional investors. Comparatively, 11.9% of Ocean Power Technologies shares are owned by institutional investors. 12.7% of Spruce Power shares are owned by company insiders. Comparatively, 1.7% of Ocean Power Technologies shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.
Summary
Ocean Power Technologies beats Spruce Power on 9 of the 16 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 9/25/2025 by MarketBeat.com Staff
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