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Spruce Power (SPRU) Competitors

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$2.94 -0.09 (-2.81%)
Closing price 03:58 PM Eastern
Extended Trading
$2.95 +0.01 (+0.17%)
As of 07:02 PM Eastern
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SPRU vs. OPTT, SLNG, SUUN, VVPR, WAVE, CETY, CDZIP, CWEN.A, CIG.C, and ENIC

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), Vivopower International (VVPR), Eco Wave Power Global AB (publ) (WAVE), Clean Energy Technologies (CETY), Cadiz (CDZIP), Clearway Energy (CWEN.A), COMPANHIA ENERG/S (CIG.C), and Enel Chile (ENIC). 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 superior investment? We will contrast the two companies based on the strength of their analyst recommendations, media sentiment, institutional ownership, valuation, earnings, risk, profitability and dividends.

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

Ocean Power Technologies has a beta of 2.44, indicating that its share price is 144% more volatile than the S&P 500. Comparatively, Spruce Power has a beta of 1.73, indicating that its share price is 73% more volatile than the S&P 500.

Ocean Power Technologies currently has a consensus price target of $1.50, indicating a potential upside of 168.91%. Given Ocean Power Technologies' stronger consensus rating and higher probable upside, equities research analysts plainly believe Ocean Power Technologies is more favorable than Spruce Power.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Ocean Power Technologies
0 Sell rating(s)
1 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.50
Spruce Power
1 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
1.00

In the previous week, Ocean Power Technologies had 1 more articles in the media than Spruce Power. MarketBeat recorded 3 mentions for Ocean Power Technologies and 2 mentions for Spruce Power. Ocean Power Technologies' average media sentiment score of 0.39 beat Spruce Power's score of 0.30 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
1 Very Positive mention(s)
0 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
Spruce Power
0 Very Positive mention(s)
1 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

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%

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$5.74M17.78-$27.48M-$0.16-3.49
Spruce Power$82.11M0.64-$70.49M-$4.21-0.70

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.
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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$54.04M$9.92B$32.38B$21.91B
Dividend YieldN/A1.61%3.20%3.62%
P/E Ratio-0.7022.96490.3330.12
Price / Sales0.64125.511,620.0466.91
Price / CashN/A22.5037.7924.26
Price / Book0.396.457.754.70
Net Income-$70.49M$283.48M$820.59M$1.01B
7 Day Performance2.08%14.18%0.17%-0.44%
1 Month Performance73.24%44.41%7.13%1.45%
1 Year Performance11.98%31.17%23,940.00%15.02%

Spruce Power Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
SPRU
Spruce Power
0.8922 of 5 stars
$2.95
-2.8%
N/A+17.4%$54.04M$82.11M-0.70180Analyst Forecast
OPTT
Ocean Power Technologies
1.9454 of 5 stars
$0.57
+5.9%
$1.50
+163.6%
+268.3%$103.95M$5.74M-1.7850Gap Up
SLNG
Stabilis Solutions
2.4525 of 5 stars
$4.68
-5.9%
$10.00
+113.9%
+5.0%$86.96M$73.29M116.90250
SUUN
PowerBank
2.8298 of 5 stars
$1.97
-3.7%
$5.00
+154.5%
-46.9%$72.00M$29.76M-12.2815Analyst Forecast
Analyst Revision
Gap Up
VVPR
Vivopower International
N/A$4.66
-2.1%
N/A+371.8%$47.20M$20K0.00240
WAVE
Eco Wave Power Global AB (publ)
2.0078 of 5 stars
$8.35
+1.8%
$14.50
+73.7%
-4.1%$46.34M$170K-15.4610Gap Up
CETY
Clean Energy Technologies
1.5152 of 5 stars
$2.78
+0.9%
N/A-77.4%$12.90M$2.42M-2.3110Positive News
High Trading Volume
CDZIP
Cadiz
N/A$19.35
+0.1%
N/A+29.3%$0.00$15.05M0.0010Positive News
CWEN.A
Clearway Energy
N/A$29.75
+7.2%
N/A+14.5%$0.00N/A0.0060
CIG.C
COMPANHIA ENERG/S
N/A$2.55
-1.5%
N/A+2.0%$0.00$40.60B0.825,020Gap Down
ENIC
Enel Chile
1.1675 of 5 stars
$3.75
-1.4%
$3.90
+4.1%
+32.7%$0.00$4.39B34.051,952

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This page (NYSE:SPRU) was last updated on 10/15/2025 by MarketBeat.com Staff
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