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Spruce Power (SPRU) Competitors

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$1.50 -0.04 (-2.60%)
Closing price 09/3/2025 03:57 PM Eastern
Extended Trading
$1.52 +0.02 (+1.33%)
As of 04:32 AM Eastern
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SPRU vs. OPTT, SUUN, SLNG, VVPR, WAVE, CETY, ALCE, CDZIP, CWEN.A, and CIG.C

Should you be buying Spruce Power stock or one of its competitors? The main competitors of Spruce Power include Ocean Power Technologies (OPTT), PowerBank (SUUN), Stabilis Solutions (SLNG), Vivopower International (VVPR), Eco Wave Power Global AB (publ) (WAVE), Clean Energy Technologies (CETY), Alternus Clean Energy (ALCE), Cadiz (CDZIP), Clearway Energy (CWEN.A), and COMPANHIA ENERG/S (CIG.C). These companies are all part of the "utilities" industry.

Spruce Power vs. Its Competitors

Ocean Power Technologies (NASDAQ:OPTT) and Spruce Power (NYSE:SPRU) are both small-cap utilities companies, but which is the better business? We will contrast the two companies based on the strength of their earnings, risk, analyst recommendations, dividends, institutional ownership, valuation, profitability and media sentiment.

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.

Company Net Margins Return on Equity Return on Assets
Ocean Power Technologies-304.91% -97.03% -72.36%
Spruce Power -78.82%-35.22%-5.68%

In the previous week, Ocean Power Technologies had 3 more articles in the media than Spruce Power. MarketBeat recorded 5 mentions for Ocean Power Technologies and 2 mentions for Spruce Power. Ocean Power Technologies' average media sentiment score of 0.53 beat Spruce Power's score of 0.13 indicating that Ocean Power Technologies is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Ocean Power Technologies
2 Very Positive mention(s)
1 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Spruce Power
1 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

Ocean Power Technologies has higher earnings, but lower revenue 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.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Ocean Power Technologies$5.86M15.72-$27.48M-$0.17-3.00
Spruce Power$82.11M0.33-$70.49M-$4.21-0.36

11.9% of Ocean Power Technologies shares are held by institutional investors. Comparatively, 20.8% of Spruce Power shares are held by institutional investors. 1.7% of Ocean Power Technologies shares are held by insiders. Comparatively, 12.7% of Spruce Power shares are held by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock is poised for long-term growth.

Ocean Power Technologies has a beta of 2.49, meaning that its share price is 149% more volatile than the S&P 500. Comparatively, Spruce Power has a beta of 1.49, meaning that its share price is 49% more volatile than the S&P 500.

Summary

Spruce Power beats Ocean Power Technologies on 7 of the 13 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.
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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.
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SPRU vs. The Competition

MetricSpruce PowerELEC PRODS IndustryComputer SectorNYSE Exchange
Market Cap$25.86M$8.87B$30.00B$21.33B
Dividend YieldN/A1.75%3.16%3.49%
P/E Ratio-0.3620.29417.4029.16
Price / Sales0.3398.891,518.1647.14
Price / CashN/A16.1634.3218.29
Price / Book0.218.619.215.30
Net Income-$70.49M$283.99M$808.33M$998.51M
7 Day Performance0.67%0.17%-1.16%-0.63%
1 Month Performance29.31%3.53%2.26%4.90%
1 Year Performance-47.18%5.97%24,060.82%13.95%

Spruce Power Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
SPRU
Spruce Power
0.3916 of 5 stars
$1.50
-2.6%
N/A-47.9%$25.86M$82.11M-0.36180Short Interest ↑
Gap Down
OPTT
Ocean Power Technologies
0.5306 of 5 stars
$0.53
+3.9%
N/A+188.7%$95.92M$5.86M-1.6650
SUUN
PowerBank
3.104 of 5 stars
$2.41
-2.8%
$5.00
+107.5%
-55.1%$86.06M$43.08M-5.3615Gap Up
SLNG
Stabilis Solutions
2.6109 of 5 stars
$4.19
+2.8%
$10.00
+138.9%
+0.0%$77.82M$69.57M104.65250
VVPR
Vivopower International
N/A$5.88
+2.6%
N/A+169.2%$59.46M$79K0.00240Short Interest ↑
Gap Up
WAVE
Eco Wave Power Global AB (publ)
2.5578 of 5 stars
$7.25
+3.4%
$14.50
+100.0%
+115.3%$40.24M$170K-13.4310Short Interest ↓
Gap Up
CETY
Clean Energy Technologies
0.2801 of 5 stars
$0.24
-0.8%
N/A-79.8%$16.39M$1.74M-2.9910
ALCE
Alternus Clean Energy
N/A$0.01
-4.4%
N/A-99.8%$778K$17.36M0.00N/AGap Up
CDZIP
Cadiz
N/A$18.45
-0.6%
N/A+27.0%$0.00$15.05M0.0010News Coverage
Positive News
Short Interest ↓
CWEN.A
Clearway Energy
N/A$28.05
+2.8%
N/A+4.2%$0.00N/A0.0060
CIG.C
COMPANHIA ENERG/S
N/A$2.71
-1.5%
N/A+2.3%$0.00$40.60B0.875,020

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This page (NYSE:SPRU) was last updated on 9/4/2025 by MarketBeat.com Staff
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