Spruce Power (SPRU) Stock Price, News & Analysis

Company Overview

Spruce Power Holding Corporation owns and operates distributed solar energy assets in the United States. The company provides subscription-based services for homeowners and businesses to own and maintain rooftop solar and battery storage. It offers its subscription-based services to approximately 75,000 customers. The company is headquartered in Denver, Colorado.

Key Stats

• Today's Range: $1.92 to $2.05
• 50-Day Range: $1.61 to $2.15
• 52-Week Range: $1.42 to $3.68
• Volume: 101,299 shs
• Average Volume: 59,049 shs
• Market Capitalization: $34.77 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

SPRU Stock Analysis - Frequently Asked Questions

How have SPRU shares performed this year?

Spruce Power's stock was trading at $2.97 at the beginning of 2025. Since then, SPRU shares have decreased by 34.3% and is now trading at $1.95.
View the best growth stocks for 2025 here.

How were Spruce Power's earnings last quarter?

Spruce Power Holding Corporation (NYSE:SPRU) posted its quarterly earnings results on Wednesday, May, 14th. The company reported ($0.84) earnings per share (EPS) for the quarter. The firm earned $23.82 million during the quarter. Spruce Power had a negative net margin of 94.85% and a negative trailing twelve-month return on equity of 34.62%.
Read the conference call transcript.

When did Spruce Power's stock split?

Spruce Power's stock reverse split before market open 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 closing bell 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.

Is Spruce Power doing a stock buyback?

Spruce Power's board initiated a share buyback program on Wednesday, May 14th 2025, which authorizes the company to repurchase $50,000,000 in shares, according to EventVestor. This means that the company could buy up to 164.6% of its stock through open market purchases. Stock buyback programs are generally an indication that the company's board believes its stock is undervalued.

Who are Spruce Power's major shareholders?

Top institutional investors of Spruce Power include Clayton Partners LLC (2.56%) and Simplex Trading LLC. Insiders that own company stock include Eric M Tech, John P Miller, Mcbane Clara Nagy, Christopher M Hayes, Jonathan J Ledecky and Christian S Fong.
View institutional ownership trends.

How do I buy shares of Spruce Power?

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.

What other stocks do shareholders of Spruce Power own?

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), AU Optronics (AUOTY), American Water Works (AWK) and Triple Flag Precious Metals (TFPM).

Company Calendar

• Last Earnings: 5/14/2025
• Today: 6/23/2025
• Next Earnings (Estimated): 8/12/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Computer and Technology
• Industry: ELEC PRODS - MISC
• Sub-Industry: Utilities
• Current Symbol: NYSE:SPRU
• CIK: 1772720
• Web: www.xlfleet.com
• Phone: 866-903-2399
• Fax: N/A
• Employees: 180
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): ($4.49)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: -$70.49 million
• Net Margins: -94.85%
• Pretax Margin: -94.35%
• Return on Equity: -34.62%
• Return on Assets: -6.37%

Debt

• Debt-to-Equity Ratio: 5.14
• Current Ratio: 2.12
• Quick Ratio: 2.12

Sales & Book Value

• Annual Sales: $82.11 million
• Price / Sales: 0.42
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $7.53 per share
• Price / Book: 0.26

Miscellaneous

• Outstanding Shares: 17,830,000
• Free Float: 15,563,000
• Market Cap: $34.77 million
• Optionable: Optionable
• Beta: 1.48