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Spruce Power (SPRU) Competitors

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$1.98 -0.15 (-6.84%)
As of 10:40 AM Eastern
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SPRU vs. WAVE, RNWWW, BEP, ENLT, and FRVO

Should you buy Spruce Power stock or one of its competitors? Spruce Power's main competitors and comparable companies include Eco Wave Power Global AB (publ) (WAVE), ReNew Energy Global (RNWWW), Brookfield Renewable Partners (BEP), Enlight Renewable Energy (ENLT), and Fervo Energy (FRVO). Companies are selected based on similarities in market, industry, and size. These companies are all part of the "renewable electricity" industry.

How does Spruce Power compare to Eco Wave Power Global AB (publ)?

Spruce Power (NYSE:SPRU) and Eco Wave Power Global AB (publ) (NASDAQ:WAVE) are both small-cap utilities companies, but which is the superior business? We will contrast the two businesses based on the strength of their earnings, risk, valuation, dividends, institutional ownership, profitability, analyst recommendations and media sentiment.

In the previous week, Eco Wave Power Global AB (publ) had 3 more articles in the media than Spruce Power. MarketBeat recorded 6 mentions for Eco Wave Power Global AB (publ) and 3 mentions for Spruce Power. Eco Wave Power Global AB (publ)'s average media sentiment score of 1.38 beat Spruce Power's score of -0.03 indicating that Eco Wave Power Global AB (publ) is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Spruce Power
0 Very Positive mention(s)
1 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
Eco Wave Power Global AB (publ)
1 Very Positive mention(s)
0 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Spruce Power
1 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
1.00
Eco Wave Power Global AB (publ)
1 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
1.00

Spruce Power has a beta of 1.19, meaning that its share price is 19% more volatile than the broader market. Comparatively, Eco Wave Power Global AB (publ) has a beta of -0.35, meaning that its share price is 135% less volatile than the broader market.

20.8% of Spruce Power shares are held by institutional investors. Comparatively, 0.6% of Eco Wave Power Global AB (publ) shares are held by institutional investors. 11.2% of Spruce Power shares are held by company insiders. Comparatively, 31.3% of Eco Wave Power Global AB (publ) shares are held by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock will outperform the market over the long term.

Eco Wave Power Global AB (publ) has a net margin of 0.00% compared to Spruce Power's net margin of -12.22%. Spruce Power's return on equity of -10.95% beat Eco Wave Power Global AB (publ)'s return on equity.

Company Net Margins Return on Equity Return on Assets
Spruce Power-12.22% -10.95% -1.60%
Eco Wave Power Global AB (publ) N/A -63.84%-43.77%

Eco Wave Power Global AB (publ) has lower revenue, but higher earnings than Spruce Power. Eco Wave Power Global AB (publ) 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
Spruce Power$111.81M0.32-$26.03M-$0.76N/A
Eco Wave Power Global AB (publ)$40K988.73-$3.70M-$0.60N/A

Summary

Eco Wave Power Global AB (publ) beats Spruce Power on 7 of the 13 factors compared between the two stocks.

How does Spruce Power compare to ReNew Energy Global?

ReNew Energy Global (NASDAQ:RNWWW) and Spruce Power (NYSE:SPRU) are both utilities companies, but which is the better investment? We will contrast the two companies based on the strength of their earnings, institutional ownership, valuation, profitability, risk, analyst recommendations, dividends and media sentiment.

In the previous week, ReNew Energy Global had 1 more articles in the media than Spruce Power. MarketBeat recorded 4 mentions for ReNew Energy Global and 3 mentions for Spruce Power. ReNew Energy Global's average media sentiment score of 1.30 beat Spruce Power's score of -0.03 indicating that ReNew Energy Global is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
ReNew Energy Global
2 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Spruce Power
0 Very Positive mention(s)
1 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

20.8% of Spruce Power shares are owned by institutional investors. 11.2% of Spruce Power shares are owned by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock will outperform the market over the long term.

ReNew Energy Global has higher revenue and earnings than Spruce Power.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
ReNew Energy Global$132.20BN/AN/AN/AN/A
Spruce Power$111.81M0.32-$26.03M-$0.76N/A

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
ReNew Energy Global
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
0.00
Spruce Power
1 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
1.00

ReNew Energy Global has a net margin of 0.00% compared to Spruce Power's net margin of -12.22%. ReNew Energy Global's return on equity of 0.00% beat Spruce Power's return on equity.

Company Net Margins Return on Equity Return on Assets
ReNew Energy GlobalN/A N/A N/A
Spruce Power -12.22%-10.95%-1.60%

Summary

ReNew Energy Global beats Spruce Power on 6 of the 9 factors compared between the two stocks.

How does Spruce Power compare to Brookfield Renewable Partners?

Brookfield Renewable Partners (NYSE:BEP) and Spruce Power (NYSE:SPRU) are both utilities companies, but which is the superior investment? We will compare the two companies based on the strength of their profitability, earnings, dividends, media sentiment, risk, analyst recommendations, valuation and institutional ownership.

Brookfield Renewable Partners has higher revenue and earnings than Spruce Power. Brookfield Renewable Partners 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
Brookfield Renewable Partners$6.41B1.61$3M-$0.46N/A
Spruce Power$111.81M0.32-$26.03M-$0.76N/A

Brookfield Renewable Partners has a net margin of 4.50% compared to Spruce Power's net margin of -12.22%. Brookfield Renewable Partners' return on equity of 0.84% beat Spruce Power's return on equity.

Company Net Margins Return on Equity Return on Assets
Brookfield Renewable Partners4.50% 0.84% 0.29%
Spruce Power -12.22%-10.95%-1.60%

Brookfield Renewable Partners has a beta of 1.11, indicating that its share price is 11% more volatile than the broader market. Comparatively, Spruce Power has a beta of 1.19, indicating that its share price is 19% more volatile than the broader market.

In the previous week, Brookfield Renewable Partners and Brookfield Renewable Partners both had 3 articles in the media. Spruce Power's average media sentiment score of -0.03 beat Brookfield Renewable Partners' score of -0.12 indicating that Spruce Power is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Brookfield Renewable Partners
0 Very Positive mention(s)
0 Positive mention(s)
2 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Neutral
Spruce Power
0 Very Positive mention(s)
1 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

63.2% of Brookfield Renewable Partners shares are held by institutional investors. Comparatively, 20.8% of Spruce Power shares are held by institutional investors. 11.2% of Spruce Power shares are held by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company will outperform the market over the long term.

Brookfield Renewable Partners currently has a consensus target price of $37.79, suggesting a potential upside of 9.72%. Given Brookfield Renewable Partners' stronger consensus rating and higher probable upside, analysts clearly believe Brookfield Renewable Partners is more favorable than Spruce Power.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Brookfield Renewable Partners
1 Sell rating(s)
5 Hold rating(s)
10 Buy rating(s)
0 Strong Buy rating(s)
2.56
Spruce Power
1 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
1.00

Summary

Brookfield Renewable Partners beats Spruce Power on 11 of the 15 factors compared between the two stocks.

How does Spruce Power compare to Enlight Renewable Energy?

Enlight Renewable Energy (NASDAQ:ENLT) and Spruce Power (NYSE:SPRU) are both utilities companies, but which is the superior business? We will contrast the two businesses based on the strength of their institutional ownership, earnings, analyst recommendations, valuation, dividends, risk, profitability and media sentiment.

Enlight Renewable Energy has a net margin of 12.35% compared to Spruce Power's net margin of -12.22%. Enlight Renewable Energy's return on equity of 3.52% beat Spruce Power's return on equity.

Company Net Margins Return on Equity Return on Assets
Enlight Renewable Energy12.35% 3.52% 0.86%
Spruce Power -12.22%-10.95%-1.60%

In the previous week, Enlight Renewable Energy had 2 more articles in the media than Spruce Power. MarketBeat recorded 5 mentions for Enlight Renewable Energy and 3 mentions for Spruce Power. Enlight Renewable Energy's average media sentiment score of 0.84 beat Spruce Power's score of -0.03 indicating that Enlight Renewable Energy is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Enlight Renewable Energy
0 Very Positive mention(s)
4 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Spruce Power
0 Very Positive mention(s)
1 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

Enlight Renewable Energy has a beta of 1.68, meaning that its stock price is 68% more volatile than the broader market. Comparatively, Spruce Power has a beta of 1.19, meaning that its stock price is 19% more volatile than the broader market.

Enlight Renewable Energy presently has a consensus price target of $75.00, indicating a potential downside of 13.10%. Given Enlight Renewable Energy's stronger consensus rating and higher probable upside, equities analysts clearly believe Enlight Renewable Energy is more favorable than Spruce Power.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Enlight Renewable Energy
2 Sell rating(s)
2 Hold rating(s)
3 Buy rating(s)
1 Strong Buy rating(s)
2.38
Spruce Power
1 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
1.00

Enlight Renewable Energy has higher revenue and earnings than Spruce Power. Spruce Power is trading at a lower price-to-earnings ratio than Enlight Renewable Energy, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Enlight Renewable Energy$582.26M17.57$132.10M$0.62139.20
Spruce Power$111.81M0.32-$26.03M-$0.76N/A

38.9% of Enlight Renewable Energy shares are owned by institutional investors. Comparatively, 20.8% of Spruce Power shares are owned by institutional investors. 11.2% of Spruce Power shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.

Summary

Enlight Renewable Energy beats Spruce Power on 16 of the 17 factors compared between the two stocks.

How does Spruce Power compare to Fervo Energy?

Fervo Energy (NASDAQ:FRVO) and Spruce Power (NYSE:SPRU) are both utilities companies, but which is the better investment? We will compare the two companies based on the strength of their institutional ownership, valuation, media sentiment, risk, dividends, analyst recommendations, earnings and profitability.

20.8% of Spruce Power shares are owned by institutional investors. 11.2% of Spruce Power shares are owned by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock will outperform the market over the long term.

Fervo Energy currently has a consensus target price of $44.00, indicating a potential upside of 106.19%. Given Fervo Energy's stronger consensus rating and higher probable upside, analysts clearly believe Fervo Energy is more favorable than Spruce Power.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Fervo Energy
0 Sell rating(s)
2 Hold rating(s)
10 Buy rating(s)
2 Strong Buy rating(s)
3.00
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, Fervo Energy had 10 more articles in the media than Spruce Power. MarketBeat recorded 13 mentions for Fervo Energy and 3 mentions for Spruce Power. Fervo Energy's average media sentiment score of 0.11 beat Spruce Power's score of -0.03 indicating that Fervo Energy is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Fervo Energy
3 Very Positive mention(s)
3 Positive mention(s)
3 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Neutral
Spruce Power
0 Very Positive mention(s)
1 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

Fervo Energy has a net margin of 0.00% compared to Spruce Power's net margin of -12.22%. Fervo Energy's return on equity of 0.00% beat Spruce Power's return on equity.

Company Net Margins Return on Equity Return on Assets
Fervo EnergyN/A N/A N/A
Spruce Power -12.22%-10.95%-1.60%

Fervo Energy has higher earnings, but lower revenue than Spruce Power.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Fervo EnergyN/AN/AN/AN/AN/A
Spruce Power$111.81M0.32-$26.03M-$0.76N/A

Summary

Fervo Energy beats Spruce Power on 9 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.
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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 PowerIndependent Power & Renewable Electricity Producers IndustryUtilities SectorNYSE Exchange
Market Cap$35.87M$7.15B$16.09B$24.27B
Dividend YieldN/A4.37%4.03%3.70%
P/E Ratio-2.6035.3822.9030.32
Price / Sales0.32443.88325.9717.60
Price / Cash5.6215.4318.7633.29
Price / Book0.332.572.066.59
Net Income-$26.03M$231.71M$701.59M$1.06B
7 Day Performance-14.13%1.01%0.38%1.21%
1 Month Performance-15.81%-0.04%-0.73%3.10%
1 Year Performance38.11%7.31%8.96%17.37%

Spruce Power Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
SPRU
Spruce Power
0.2804 of 5 stars
$1.98
-6.8%
N/A+57.4%$35.87M$111.81MN/A180
WAVE
Eco Wave Power Global AB (publ)
0.9452 of 5 stars
$7.11
-1.8%
N/A-6.3%$40.21M$40KN/A10
RNWWW
ReNew Energy Global
N/A$0.00
-60.0%
N/A-98.3%$0.00$132.20BN/A1,680
BEP
Brookfield Renewable Partners
2.8738 of 5 stars
$34.28
+5.0%
$37.79
+10.2%
+38.9%$9.80B$6.41BN/A5,870
ENLT
Enlight Renewable Energy
2.3014 of 5 stars
$82.64
+2.0%
$75.00
-9.2%
+249.1%$9.60B$678.87M133.29100

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This page (NYSE:SPRU) was last updated on 8/13/2026 by MarketBeat.com Staff.
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