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Spruce Power (SPRU) Competitors

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$1.75 -0.03 (-1.69%)
Closing price 03:59 PM Eastern
Extended Trading
$1.80 +0.05 (+2.86%)
As of 07:30 PM Eastern
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SPRU vs. WAVE, RNWWW, BEP, ENLT, and CWEN

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 Clearway Energy (CWEN). 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)?

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

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

0.6% of Eco Wave Power Global AB (publ) shares are owned by institutional investors. Comparatively, 20.8% of Spruce Power shares are owned by institutional investors. 31.3% of Eco Wave Power Global AB (publ) shares are owned by company insiders. Comparatively, 11.2% of Spruce Power shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company is poised for long-term growth.

Eco Wave Power Global AB (publ) has higher earnings, but lower revenue 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
Eco Wave Power Global AB (publ)$40K846.38-$3.70M-$0.60N/A
Spruce Power$111.81M0.30-$26.03M-$0.45N/A

Eco Wave Power Global AB (publ) has a beta of -0.37, indicating that its stock price is 137% less volatile than the broader market. Comparatively, Spruce Power has a beta of 1.19, indicating that its stock price is 19% more volatile than the broader market.

In the previous week, Eco Wave Power Global AB (publ) had 1 more articles in the media than Spruce Power. MarketBeat recorded 1 mentions for Eco Wave Power Global AB (publ) and 0 mentions for Spruce Power. Eco Wave Power Global AB (publ)'s average media sentiment score of 0.00 equaled Spruce Power'saverage media sentiment score.

Company Overall Sentiment
Eco Wave Power Global AB (publ) Neutral
Spruce Power Neutral

Eco Wave Power Global AB (publ) has a net margin of 0.00% compared to Spruce Power's net margin of -6.76%. Spruce Power's return on equity of -5.94% beat Eco Wave Power Global AB (publ)'s return on equity.

Company Net Margins Return on Equity Return on Assets
Eco Wave Power Global AB (publ)N/A -58.04% -40.99%
Spruce Power -6.76%-5.94%-0.87%

Summary

Eco Wave Power Global AB (publ) and Spruce Power tied by winning 7 of the 14 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 superior stock? We will compare the two businesses based on the strength of their profitability, institutional ownership, risk, valuation, media sentiment, analyst recommendations, dividends and earnings.

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
ReNew Energy Global$137.78BN/AN/AN/AN/A
Spruce Power$111.81M0.30-$26.03M-$0.45N/A

In the previous week, ReNew Energy Global's average media sentiment score of 0.00 equaled Spruce Power'saverage media sentiment score.

Company Overall Sentiment
ReNew Energy Global Neutral
Spruce Power Neutral

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

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

ReNew Energy Global has a net margin of 0.00% compared to Spruce Power's net margin of -6.76%. 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 -6.76%-5.94%-0.87%

Summary

ReNew Energy Global beats Spruce Power on 4 of the 7 factors compared between the two stocks.

How does Spruce Power compare to Brookfield Renewable Partners?

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

Brookfield Renewable Partners has a net margin of 4.50% compared to Spruce Power's net margin of -6.76%. 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
Spruce Power-6.76% -5.94% -0.87%
Brookfield Renewable Partners 4.50%0.84%0.29%

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

Spruce Power has a beta of 1.19, indicating that its stock price is 19% more volatile than the broader market. Comparatively, Brookfield Renewable Partners has a beta of 1.1, indicating that its stock price is 10% more volatile than the broader market.

Brookfield Renewable Partners has a consensus target price of $38.14, indicating a potential upside of 23.04%. Given Brookfield Renewable Partners' stronger consensus rating and higher possible upside, analysts plainly believe Brookfield Renewable Partners is more favorable than Spruce Power.

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
Brookfield Renewable Partners
0 Sell rating(s)
6 Hold rating(s)
10 Buy rating(s)
0 Strong Buy rating(s)
2.63

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
Spruce Power$111.81M0.30-$26.03M-$0.45N/A
Brookfield Renewable Partners$6.41B1.45$3M-$0.46N/A

In the previous week, Brookfield Renewable Partners had 4 more articles in the media than Spruce Power. MarketBeat recorded 4 mentions for Brookfield Renewable Partners and 0 mentions for Spruce Power. Brookfield Renewable Partners' average media sentiment score of 0.84 beat Spruce Power's score of 0.00 indicating that Brookfield Renewable Partners is being referred to more favorably in the news media.

Company Overall Sentiment
Spruce Power Neutral
Brookfield Renewable Partners Positive

Summary

Brookfield Renewable Partners beats Spruce Power on 12 of the 16 factors compared between the two stocks.

How does Spruce Power compare to Enlight Renewable Energy?

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

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
Spruce Power$111.81M0.30-$26.03M-$0.45N/A
Enlight Renewable Energy$582.26M15.57$132.10M$0.62123.35

Spruce Power has a beta of 1.19, indicating that its stock price is 19% more volatile than the broader market. Comparatively, Enlight Renewable Energy has a beta of 1.65, indicating that its stock price is 65% more volatile than the broader market.

In the previous week, Enlight Renewable Energy had 2 more articles in the media than Spruce Power. MarketBeat recorded 2 mentions for Enlight Renewable Energy and 0 mentions for Spruce Power. Enlight Renewable Energy's average media sentiment score of 1.71 beat Spruce Power's score of 0.00 indicating that Enlight Renewable Energy is being referred to more favorably in the news media.

Company Overall Sentiment
Spruce Power Neutral
Enlight Renewable Energy Very Positive

Enlight Renewable Energy has a consensus price target of $75.00, indicating a potential downside of 1.94%. Given Enlight Renewable Energy's stronger consensus rating and higher possible upside, analysts clearly believe Enlight Renewable Energy is more favorable than Spruce Power.

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
Enlight Renewable Energy
2 Sell rating(s)
2 Hold rating(s)
3 Buy rating(s)
1 Strong Buy rating(s)
2.38

Enlight Renewable Energy has a net margin of 12.35% compared to Spruce Power's net margin of -6.76%. 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
Spruce Power-6.76% -5.94% -0.87%
Enlight Renewable Energy 12.35%3.52%0.86%

20.8% of Spruce Power shares are held by institutional investors. Comparatively, 38.9% of Enlight Renewable Energy shares are held by institutional investors. 11.2% 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 will outperform the market over the long term.

Summary

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

How does Spruce Power compare to Clearway Energy?

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

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Spruce Power$111.81M0.30-$26.03M-$0.45N/A
Clearway Energy$1.43B4.52$169M$0.7641.38

Spruce Power has a beta of 1.19, meaning that its share price is 19% more volatile than the broader market. Comparatively, Clearway Energy has a beta of 0.87, meaning that its share price is 13% less volatile than the broader market.

In the previous week, Clearway Energy had 3 more articles in the media than Spruce Power. MarketBeat recorded 3 mentions for Clearway Energy and 0 mentions for Spruce Power. Clearway Energy's average media sentiment score of 0.64 beat Spruce Power's score of 0.00 indicating that Clearway Energy is being referred to more favorably in the news media.

Company Overall Sentiment
Spruce Power Neutral
Clearway Energy Positive

Clearway Energy has a consensus target price of $44.50, suggesting a potential upside of 41.52%. Given Clearway Energy's stronger consensus rating and higher possible upside, analysts clearly believe Clearway Energy is more favorable than Spruce Power.

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
Clearway Energy
0 Sell rating(s)
2 Hold rating(s)
5 Buy rating(s)
2 Strong Buy rating(s)
3.00

20.8% of Spruce Power shares are owned by institutional investors. Comparatively, 84.5% of Clearway Energy shares are owned by institutional investors. 11.2% of Spruce Power shares are owned by company insiders. Comparatively, 0.5% of Clearway Energy shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company is poised for long-term growth.

Clearway Energy has a net margin of 5.78% compared to Spruce Power's net margin of -6.76%. Clearway Energy's return on equity of 1.60% beat Spruce Power's return on equity.

Company Net Margins Return on Equity Return on Assets
Spruce Power-6.76% -5.94% -0.87%
Clearway Energy 5.78%1.60%0.55%

Summary

Clearway Energy beats Spruce Power on 15 of the 17 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$34.27M$7.01B$15.78B$23.37B
Dividend YieldN/A4.39%4.03%3.75%
P/E Ratio-3.8934.9024.7829.20
Price / Sales0.30302.34273.3720.47
Price / Cash4.7915.1518.6431.92
Price / Book0.272.282.257.59
Net Income-$26.03M$231.18M$701.43M$1.07B
7 Day Performance-12.94%-0.62%-0.98%-1.04%
1 Month Performance-10.71%-1.77%-1.64%1.38%
1 Year Performance15.89%7.39%9.87%13.33%

Spruce Power Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
SPRU
Spruce Power
0.1161 of 5 stars
$1.75
-1.7%
N/A+22.3%$34.27M$111.81MN/A180
WAVE
Eco Wave Power Global AB (publ)
0.9389 of 5 stars
$6.51
-2.8%
N/A-28.6%$37.18M$40KN/A10
RNWWW
ReNew Energy Global
N/A$0.00
-39.0%
N/A-99.6%$0.00$137.78BN/A1,680
BEP
Brookfield Renewable Partners
3.6797 of 5 stars
$32.79
+1.3%
$38.14
+16.3%
+23.2%$9.71B$6.41BN/A5,870
ENLT
Enlight Renewable Energy
1.9323 of 5 stars
$80.67
+3.9%
$75.00
-7.0%
+167.9%$9.20B$582.26M130.11100

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This page (NYSE:SPRU) was last updated on 9/2/2026 by MarketBeat.com Staff.
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