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Spruce Power (SPRU) Competitors

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$2.24 -0.04 (-1.54%)
Closing price 03:59 PM Eastern
Extended Trading
$2.24 0.00 (-0.22%)
As of 07:34 PM Eastern
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SPRU vs. NFE, SLNG, WAVE, VVPR, and OPTT

Should you buy Spruce Power stock or one of its competitors? MarketBeat compares Spruce Power with other companies and stocks that may be similar based on industry, sector, market capitalization, business model, investor interest, or shared news coverage. Companies and stocks commonly compared with Spruce Power include New Fortress Energy (NFE), Stabilis Solutions (SLNG), Eco Wave Power Global AB (publ) (WAVE), Vivopower International (VVPR), and Ocean Power Technologies (OPTT). These companies are all part of the "utilities" industry.

How does Spruce Power compare to New Fortress Energy?

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

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
New Fortress Energy$1.50B0.06-$1.84B-$2.24N/A
Spruce Power$111.81M0.36-$26.03M-$0.76N/A

Spruce Power has a net margin of -12.22% compared to New Fortress Energy's net margin of -164.16%. Spruce Power's return on equity of -10.95% beat New Fortress Energy's return on equity.

Company Net Margins Return on Equity Return on Assets
New Fortress Energy-164.16% -253.73% -15.46%
Spruce Power -12.22%-10.95%-1.60%

New Fortress Energy has a beta of 1.33, meaning that its stock price is 33% more volatile than the broader market. Comparatively, Spruce Power has a beta of 1.16, meaning that its stock price is 16% more volatile than the broader market.

58.6% of New Fortress Energy shares are owned by institutional investors. Comparatively, 20.8% of Spruce Power shares are owned by institutional investors. 29.4% of New Fortress Energy shares are owned by insiders. Comparatively, 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 is poised for long-term growth.

New Fortress Energy currently has a consensus price target of $4.00, suggesting a potential upside of 1,094.03%. Given New Fortress Energy's stronger consensus rating and higher probable upside, equities research analysts clearly believe New Fortress Energy is more favorable than Spruce Power.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
New Fortress Energy
2 Sell rating(s)
2 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
1.50
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, New Fortress Energy's average media sentiment score of 0.99 beat Spruce Power's score of 0.00 indicating that New Fortress Energy is being referred to more favorably in the media.

Company Overall Sentiment
New Fortress Energy Positive
Spruce Power Neutral

Summary

New Fortress Energy beats Spruce Power on 8 of the 14 factors compared between the two stocks.

How does Spruce Power compare to Stabilis Solutions?

Stabilis Solutions (NASDAQ:SLNG) and Spruce Power (NYSE:SPRU) are both small-cap utilities companies, but which is the better stock? We will compare the two businesses based on the strength of their analyst recommendations, profitability, earnings, dividends, media sentiment, valuation, risk and institutional ownership.

Stabilis Solutions has a beta of -0.32, indicating that its stock price is 132% less volatile than the broader market. Comparatively, Spruce Power has a beta of 1.16, indicating that its stock price is 16% more volatile than the broader market.

3.8% of Stabilis Solutions shares are held by institutional investors. Comparatively, 20.8% of Spruce Power shares are held by institutional investors. 72.2% of Stabilis Solutions shares are held by insiders. Comparatively, 11.2% of Spruce Power shares are held by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock will outperform the market over the long term.

In the previous week, Stabilis Solutions' average media sentiment score of 0.00 equaled Spruce Power'saverage media sentiment score.

Company Overall Sentiment
Stabilis Solutions Neutral
Spruce Power Neutral

Stabilis Solutions presently has a consensus target price of $10.00, suggesting a potential upside of 118.82%. Given Stabilis Solutions' stronger consensus rating and higher possible upside, equities research analysts clearly believe Stabilis Solutions is more favorable than Spruce Power.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Stabilis Solutions
1 Sell rating(s)
1 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
1.50
Spruce Power
1 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
1.00

Stabilis Solutions has a net margin of -6.25% compared to Spruce Power's net margin of -12.22%. Stabilis Solutions' return on equity of -5.85% beat Spruce Power's return on equity.

Company Net Margins Return on Equity Return on Assets
Stabilis Solutions-6.25% -5.85% -4.16%
Spruce Power -12.22%-10.95%-1.60%

Stabilis Solutions has higher earnings, but lower revenue than Spruce Power. Stabilis Solutions 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
Stabilis Solutions$68.25M1.25-$1.35M-$0.20N/A
Spruce Power$111.81M0.36-$26.03M-$0.76N/A

Summary

Stabilis Solutions beats Spruce Power on 8 of the 13 factors compared between the two stocks.

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 superior business? We will contrast the two businesses based on the strength of their institutional ownership, analyst recommendations, valuation, dividends, risk, profitability, earnings and media sentiment.

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 insiders. Comparatively, 11.2% 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 will outperform the market over the long term.

Eco Wave Power Global AB (publ) has a beta of -0.38, meaning that its share price is 138% less volatile than the broader market. Comparatively, Spruce Power has a beta of 1.16, meaning that its share price is 16% more volatile than the broader market.

In the previous week, Eco Wave Power Global AB (publ) had 3 more articles in the media than Spruce Power. MarketBeat recorded 3 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 0.52 beat Spruce Power's score of 0.00 indicating that Eco Wave Power Global AB (publ) is being referred to more favorably in the media.

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

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)
0 Strong Buy rating(s)
1.00
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) 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
Eco Wave Power Global AB (publ)N/A -66.77% -46.75%
Spruce Power -12.22%-10.95%-1.60%

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)$40K1,100.29-$3.70M-$0.68N/A
Spruce Power$111.81M0.36-$26.03M-$0.76N/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 Vivopower International?

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

Spruce Power has a beta of 1.16, suggesting that its share price is 16% more volatile than the broader market. Comparatively, Vivopower International has a beta of -1.65, suggesting that its share price is 265% less volatile than the broader market.

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

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

Vivopower International has lower revenue, but higher earnings than Spruce Power.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Spruce Power$111.81M0.36-$26.03M-$0.76N/A
Vivopower International$61K800.91-$12.79MN/AN/A

In the previous week, Spruce Power's average media sentiment score of 0.00 equaled Vivopower International'saverage media sentiment score.

Company Overall Sentiment
Spruce Power Neutral
Vivopower International Neutral

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
Vivopower International
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 owned by institutional investors. Comparatively, 15.8% of Vivopower International shares are owned by institutional investors. 11.2% of Spruce Power shares are owned by company insiders. Comparatively, 9.1% of Vivopower International 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.

Summary

Vivopower International beats Spruce Power on 5 of the 9 factors compared between the two stocks.

How does Spruce Power compare to Ocean Power Technologies?

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

Spruce Power has a net margin of -12.22% compared to Ocean Power Technologies' net margin of -304.91%. Spruce Power's return on equity of -10.95% 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 -12.22%-10.95%-1.60%

In the previous week, Ocean Power Technologies had 7 more articles in the media than Spruce Power. MarketBeat recorded 7 mentions for Ocean Power Technologies and 0 mentions for Spruce Power. Ocean Power Technologies' average media sentiment score of 0.50 beat Spruce Power's score of 0.00 indicating that Ocean Power Technologies is being referred to more favorably in the media.

Company Overall Sentiment
Ocean Power Technologies Neutral
Spruce Power Neutral

11.9% of Ocean Power Technologies shares are owned by institutional investors. Comparatively, 20.8% of Spruce Power shares are owned by institutional investors. 3.9% of Ocean Power Technologies shares are owned by insiders. Comparatively, 11.2% of Spruce Power shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock is poised for long-term growth.

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Ocean Power Technologies$3.44M12.31-$27.48M-$0.20N/A
Spruce Power$111.81M0.36-$26.03M-$0.76N/A

Ocean Power Technologies has a beta of 2.57, suggesting that its share price is 157% more volatile than the broader market. Comparatively, Spruce Power has a beta of 1.16, suggesting that its share price is 16% more volatile than the broader market.

Ocean Power Technologies presently has a consensus target price of $1.50, suggesting a potential upside of 716.55%. Given Ocean Power Technologies' stronger consensus rating and higher probable upside, 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)
1 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

Summary

Ocean Power Technologies beats Spruce Power on 10 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 PowerELEC PRODS IndustryComputer SectorNYSE Exchange
Market Cap$41.42M$18.10B$38.24B$23.51B
Dividend YieldN/A1.16%3.16%4.18%
P/E Ratio-2.9532.41168.0530.47
Price / Sales0.36109.26598.3320.60
Price / Cash6.1358.4945.0432.27
Price / Book0.377.409.184.72
Net Income-$26.03M$401.64M$1.07B$1.07B
7 Day Performance-3.23%-2.41%-1.70%-1.21%
1 Month Performance-17.77%-5.38%-3.06%0.64%
1 Year Performance61.51%23.64%134.38%13.60%

Spruce Power Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
SPRU
Spruce Power
0.0915 of 5 stars
$2.25
-1.5%
N/A+57.2%$41.42M$111.81MN/A180
NFE
New Fortress Energy
2.8478 of 5 stars
$0.34
+2.9%
$4.00
+1,077.9%
-91.9%$94.29M$1.26BN/A670
SLNG
Stabilis Solutions
2.8178 of 5 stars
$3.50
-10.0%
$10.00
+185.7%
-2.7%$72.34M$61.29MN/A250
WAVE
Eco Wave Power Global AB (publ)
0.6516 of 5 stars
$8.26
-4.5%
N/A+0.5%$48.03M$40KN/A10
VVPR
Vivopower International
N/A$3.79
-1.6%
N/A-40.4%$47.48M$61KN/A240

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This page (NYSE:SPRU) was last updated on 7/23/2026 by MarketBeat.com Staff.
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