SPRU Stock Forecast 2025-2026
Distance to SPRU Price Targets
SPRU Price Momentum
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Latest SPRU Stock Price Targets & Analyst Predictions
SPRU has shown a year-to-date change of -14.5% and a 1-year change of -35.2%, reflecting downward momentum over the past year. Comprehensive analyst forecasts are currently unavailable for SPRU. Please refer to the price chart above for recent performance and trends.
Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.
SPRU Analyst Ratings
SPRU Price Target Range
Latest SPRU Stock Forecasts by Analyst
These are the latest 20 analyst ratings and price targets for SPRU.
| Date | Firm | Analyst | Rating | Change | Price Target |
|---|---|---|---|---|---|
| Aug 16, 2021 | Canaccord Genuity | Hold | Downgrade | $0.00 | |
| Jul 9, 2021 | BTIG | Neutral | Downgrade | $0.00 | |
| Apr 1, 2021 | Canaccord Genuity | Buy | Maintains | $0.00 | |
| Jan 29, 2021 | Canaccord Genuity | Buy | Initiates | $0.00 | |
| Jan 22, 2021 | BTIG | Buy | Initiates | $0.00 |
Spruce Power Holding Corporation (SPRU) Competitors
The following stocks are similar to Spruce Power based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.
Spruce Power Holding Corporation (SPRU) Financial Data
Spruce Power Holding Corporation has a market capitalization of $47.81M with a P/E ratio of -0.7x. The company generates $77.58M in trailing twelve-month revenue with a -122.1% profit margin.
Revenue growth is -8.1% quarter-over-quarter, while maintaining an operating margin of -8.4% and return on equity of -48.0%.
Valuation Metrics
Growth & Margins
Financial Health
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Spruce Power Holding Corporation (SPRU) Business Model
About Spruce Power Holding Corporation
Provides residential solar energy solutions.
Spruce Power generates revenue by offering ownership, leasing, and financing options for solar energy systems to homeowners. This model allows consumers to adopt solar technology with reduced upfront costs, while also contributing to their energy independence and sustainability goals.
The company plays a vital role in promoting renewable energy and diversifying energy sources. It capitalizes on the rising demand for decentralized energy solutions and aligns with global sustainability efforts, making it significant in the green technology and energy financing sectors.
Company Information
Sector
Technology
Industry
Solar
Employees
142
CEO
Mr. Christopher M. Hayes
Country
United States
IPO Year
2019
Website
www.sprucepower.comSpruce Power Holding Corporation (SPRU) Latest News & Analysis
Spruce Power to Release Fourth Quarter and Full-Year 2024 Results and Host Conference Call on March 26
16 days agoSpruce Power Holding Corporation (NYSE: SPRU) will report its Q4 and full-year 2024 financial results on March 26, after market close. Results will be available on their Investor Relations website.
Spruce Power's upcoming financial results announcement could influence investor sentiment and stock performance, providing insights into the company's growth and profitability in the solar energy sector.
Spruce Power Holding Corp (NYSE: SPRU) has signed a multi-year service agreement with ADT to manage warranty claims for ADT's former solar business customers.
Spruce Power's partnership with ADT for warranty claims management expands its service offerings, potentially increasing revenue streams and enhancing market positioning in the renewable energy sector.
Spruce Power Holding Corporation (NYSE: SPRU) has acquired a residential solar portfolio from NJR Clean Energy Ventures for $132.5 million, closing on November 22, 2024. The portfolio includes around 9,800 solar systems in New Jersey.
Spruce Power's acquisition expands its solar portfolio, enhancing growth potential and revenue. This strategic move signals confidence in the renewable energy sector, impacting stock performance positively.
NJR Clean Energy Ventures sold a 91 MW solar portfolio to Spruce Power for $132.5 million, expecting a gain in fiscal 2025. Proceeds will reduce debt and support working capital.
The sale boosts NJR's financial position by reducing debt and increasing liquidity, potentially enhancing future growth in renewable energy investments.
Spruce Power Holding Corporation (NYSE: SPRU) will hold its Q3 2024 earnings conference call on November 13, 2024, at 4:30 PM ET. Key participants include CEO Chris Hayes and CFO Sarah Wells.
The upcoming earnings call for Spruce Power may reveal key financial insights and performance indicators, impacting investor sentiment and stock valuation.
Spruce Power Reports Third Quarter 2024 Results
4 months agoSpruce Power Holding Corporation reported Q3 2024 revenues of $21.4 million and a net loss of $53.5 million. Operating EBITDA was $17.7 million, with liquidity of $113.7 million.
Spruce Power's Q3 results show strong revenue but a significant net loss. The liquidity position suggests potential for future growth, impacting investment sentiment and stock performance.
Frequently Asked Questions About SPRU Stock
What is Spruce Power Holding Corporation's (SPRU) stock forecast for 2025?
Analyst forecasts for Spruce Power Holding Corporation (SPRU) are not currently available. The stock is trading at $2.54.
Is SPRU stock a good investment in 2025?
Analyst ratings for SPRU are not currently available. The stock is currently trading at $2.54. Investment decisions should be based on thorough research and your personal financial goals. Always conduct your own research and consider your investment goals before making investment decisions.
What is the long-term price prediction for SPRU stock?
Price predictions from Wall Street analysts for SPRU are not currently available. The stock is trading at $2.54.
What is Spruce Power Holding Corporation's business model?
Spruce Power generates revenue by offering ownership, leasing, and financing options for solar energy systems to homeowners. This model allows consumers to adopt solar technology with reduced upfront costs, while also contributing to their energy independence and sustainability goals.
What is the highest forecasted price for SPRU Spruce Power Holding Corporation?
Price targets from Wall Street analysts for SPRU are not currently available. The stock is trading at $2.54.
What is the lowest forecasted price for SPRU Spruce Power Holding Corporation?
Price targets from Wall Street analysts for SPRU are not currently available. The stock is trading at $2.54.
What is the overall SPRU consensus from analysts for Spruce Power Holding Corporation?
Analyst ratings for SPRU are not currently available. The stock is trading at $2.54.
How accurate are SPRU stock price projections?
Stock price projections, including those for Spruce Power Holding Corporation, are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.
Important Disclaimer
The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.
