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NYSE:SPRU

Spruce Power (SPRU) Stock Price, News & Analysis

Spruce Power logo
$1.52 -0.04 (-2.24%)
Closing price 03:59 PM Eastern
Extended Trading
$1.52 0.00 (-0.33%)
As of 07:30 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Massive. Learn more.

About Spruce Power Stock (NYSE:SPRU)

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Key Stats

Today's Range
$1.52
▼
$1.55
50-Day Range
$1.53
▼
$2.38
52-Week Range
$1.47
▼
$6.75
Volume
25,761 shs
Average Volume
211,457 shs
Market Capitalization
$29.36 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
N/A
Consensus Rating
Sell

Company Overview

Spruce Power is a renewable energy company that owns and operates residential solar energy systems in the United States. The company provides homeowners with access to solar-generated electricity through long-term power purchase agreements and leases, allowing customers to use installed solar systems without purchasing the equipment outright.

Its activities include managing a portfolio of residential solar assets, overseeing system operations and maintenance, administering customer contracts, and coordinating related billing and service functions. Spruce Power’s business model is focused on acquiring and managing operating solar systems and the long-term customer agreements associated with them.

The company was formerly known as XL Fleet Corp. and adopted the Spruce Power name as it transitioned its business toward residential solar asset ownership and management. Spruce Power is headquartered in the United States and primarily serves the U.S. residential solar market.

AI Generated. May Contain Errors.

Spruce Power Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
8th Percentile Overall Score

SPRU MarketRank™: 

Spruce Power scored higher than 8% of companies evaluated by MarketBeat, and ranked 96th out of 96 stocks in the utilities sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Spruce Power has received a consensus rating of Sell. The company's average rating score is 1.00, and is based on no strong buy ratings, no buy ratings, no hold ratings, and 1 sell rating.

  • Amount of Analyst Coverage

    Spruce Power has only been the subject of 1 research reports in the past 90 days.

  • Read more about Spruce Power's stock forecast and price target.
  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Spruce Power is -3.39, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Spruce Power is -3.39, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Book Value per Share Ratio

    Spruce Power has a P/B Ratio of 0.25. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

  • Read more about Spruce Power's valuation and earnings.
  • Percentage of Shares Shorted

    5.08% of the float of Spruce Power has been sold short.
  • Short Interest Ratio / Days to Cover

    Spruce Power has a short interest ratio ("days to cover") of 2.75, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Spruce Power has recently increased by 2.79%, indicating that investor sentiment is decreasing.
  • Dividend Yield

    Spruce Power does not currently pay a dividend.

  • Dividend Growth

    Spruce Power does not have a long track record of dividend growth.

  • News Sentiment

    Spruce Power has a news sentiment score of 0.46. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.57 average news sentiment score of Utilities companies.
  • News Coverage This Week

    MarketBeat has tracked 3 news articles for Spruce Power this week, compared to 1 article on an average week.
  • MarketBeat Follows

    10 people have added Spruce Power to their MarketBeat watchlist in the last 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Spruce Power insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    11.20% of the stock of Spruce Power is held by insiders. A high percentage of insider ownership can be a sign of company health.

  • Percentage Held by Institutions

    20.76% of the stock of Spruce Power is held by institutions.

  • Read more about Spruce Power's insider trading history.
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SPRU Stock News Headlines

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Palantir just signed a major AI deal with a company most investors have never heard of. Wall Street has poured billions into this firm, which may have found a solution to the growing AI energy crunch. Unlike pricey chipmakers trading at 40 times earnings, this pure-play AI energy name remains cheap and profitable. See the name and ticker behind this fast-moving story before wider attention catches on.tc pixel
Spruce Power (NYSE:SPRU) Stock Price Down 0.1% - Should You Sell?
Spruce Power Reports Second Quarter 2026 Results
See More Headlines

SPRU Stock Analysis - Frequently Asked Questions

Spruce Power's stock was trading at $5.06 at the start of the year. Since then, SPRU shares have decreased by 69.9% and is now trading at $1.5250.

Spruce Power Holding Corporation (NYSE:SPRU) announced its quarterly earnings data on Wednesday, August, 12th. The company reported $0.15 earnings per share (EPS) for the quarter. The business had revenue of $30.35 million for the quarter. Spruce Power had a negative trailing twelve-month return on equity of 5.94% and a negative net margin of 6.76%.
Read the conference call transcript
.

Shares of Spruce Power reverse split on Monday, October 9th 2023.The 1-8 reverse split was announced on Monday, October 9th 2023. The number of shares owned by shareholders was adjusted after the market closes on Monday, October 9th 2023. An investor that had 100 shares of stock prior to the reverse split would have 13 shares after the split.

Spruce Power's Board of Directors authorized a share buyback plan on Wednesday, May 14th 2025, which permits the company to repurchase $50,000,000 in shares, according to EventVestor. This means that the company could repurchase up to 164.6% of its stock through open market purchases. Stock repurchase plans are generally a sign that the company's management believes its stock is undervalued.

Shares of SPRU stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Based on aggregate information from My MarketBeat watchlists, some other companies that Spruce Power investors own include iShares Micro-Cap ETF (IWC), The RMR Group (RMR), Waste Connections (WCN), DiamondRock Hospitality (DRH), AUO (AUOTY), American Water Works (AWK) and Triple Flag Precious Metals (TFPM).

Company Calendar

Last Earnings
8/12/2026
Today
10/12/2026
Next Earnings (Estimated)
11/10/2026
Fiscal Year End
12/31/2026

Industry, Sector and Symbol

Stock Exchange
NYSE
Sector
Utilities
Industry
Independent Power & Renewable Electricity Producers
Sub-Industry
Renewable Electricity
Current Symbol
NYSE:SPRU
CIK
1772720
Fax
N/A
Employees
159
Year Founded
N/A

Profitability

EPS (Trailing Twelve Months)
($0.45)
Trailing P/E Ratio
N/A
Forward P/E Ratio
N/A
P/E Growth
N/A
Net Income
-$26.03 million
Net Margins
-6.76%
Pretax Margin
-6.31%
Return on Equity
-5.94%
Return on Assets
-0.87%

Debt

Debt-to-Equity Ratio
3.20
Current Ratio
0.40
Quick Ratio
0.40

Sales & Book Value

Annual Sales
$108.49 million
Price / Sales
0.27
Cash Flow
$0.36 per share
Price / Cash Flow
4.19
Book Value
$6.05 per share
Price / Book
0.25

Miscellaneous

Outstanding Shares
19,252,000
Free Float
17,096,000
Market Cap
$29.36 million
Optionable
Optionable
Beta
1.20
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This page (NYSE:SPRU) was last updated on 10/12/2026 by MarketBeat.com Staff.
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