SPRUSPRUTechnology · Solar

SPRU Stock Forecast: Spruce Power Holding Corp. Price Predictions for 2026-2027

Last close, 18 Sept 2026
$1.91

Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 54 of 100 as at 19 Sept 2026 — in the upper half.

Market cap
$36.8M
Ticker Nerd rank
54 / 100
Median analyst target
Analysts covering
0
Revenue$30.3M−8.7% y/y
Operating income$9.3M
Net income$3.5M
Free cash flow−$3.2M
Quarterly, 8 quarters to 30 June 2026 · latest quarter's figure shown
Ticker Nerd rank

SPRU stock analysis: one number for the whole business

Consensus tells you what everyone already believes. The model scores Spruce Power Holding Corp. on its factor families — the same systematic rank behind the Ticker Nerd portfolio.

Where the model ranks itAs at 19 Sept 2026
54 / 100

Percentile across ~4,600 US stocks on Ticker Nerd’s systematic factor model. Higher is better. How the model is built and tested

Size
84
Growth
83
Issuance
77
Momentum
61
Quality
49
Accruals
46
Value
38
Revisions
25
Volatility
8

Size (84): Smaller than most of the companies we track.

Volatility (8): The share price moves around a lot.

Built and run by Aslam Ghouse, an ex-Goldman Sachs quant trader with fourteen years in markets.

Wall Street

SPRU stock forecast 2026-2027: analyst price targets & predictions

The bullish and bearish analyst opinions on SPRU, reported as data — targets and ratings, the market's view beside the model's.

We don’t hold enough price history for this company yet.

Recent analyst actionsNewest first
DateFirmActionRatingTarget
16 Aug 2021Canaccord GenuityDowngradeHold
9 July 2021BTIGDowngradeNeutral
1 Apr 2021Canaccord GenuityMaintainsBuy
29 Jan 2021Canaccord GenuityInitiatesBuy
22 Jan 2021BTIGInitiatesBuy

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

Market Radar

This page is one stock. Monday covers all of them.

Computed off the Friday close and sent before the US open.

Market Radar reports the week’s largest rank changes across roughly 4,600 US stocks, the factor behind each one, and where the market went. SPRU appears on the weeks it earns a place.

Free, every Monday. Unsubscribe any time.

Estimates

SPRU analyst estimate revisions

Not the forecast itself — the direction analysts are revising it. Revision direction is one of the model's factor families.

Fundamentals

Spruce Power Holding Corp. (SPRU) financial data

A margin means little on its own. Each bar marks where the figure sits across the whole US universe we score.

Valuation
Trailing P/E
−1.3×

Cheaper than 83% of US stocks

Price / sales
0.3×

Cheaper than 87% of US stocks

Price / book
0.3×

Cheaper than 88% of US stocks

EV / EBITDA
12.6×

Cheaper than 28% of US stocks

Growth & margins
Revenue growth (YoY)
−8.7%

Higher than 17% of US stocks

Earnings growth (YoY)
−8.7%

Higher than 27% of US stocks

Gross margin
67.8%

Higher than 81% of US stocks

Operating margin
30.7%

Higher than 87% of US stocks

Net margin
−6.8%

Higher than 22% of US stocks

Returns & dividend
Return on equity
−5.5%

Higher than 39% of US stocks

Return on assets
1.8%

Higher than 57% of US stocks

Dividend yield

Bars mark the percentile across the ~4,600 US stocks Ticker Nerd covers, among those reporting the figure.

Key statistics

Spruce Power Holding Corp. (SPRU) statistics: revenue, profit & scale

The headline figures, each with its date. Every row carries its own link — cite it straight from here.

  • Spruce Power Holding Corp. has a market value of $36.8M and an enterprise value of $658.1M.

  • Revenue in the twelve months to 30 June 2026: $108.5M. The latest quarter shrank 8.7% year on year.

  • Net income over the same four quarters: −$6.9M, a −6.4% net margin.

  • Diluted earnings per share, trailing twelve months: $−0.45.

  • Free cash flow in the twelve months to 30 June 2026: $2.0M.

  • Spruce Power Holding Corp. spent $0.0 on share buybacks in the twelve months to 30 June 2026.

  • Shares outstanding: 19.2M.

  • Trailing P/E: −1.3×; forward P/E: −2.5× — the forward figure prices analyst consensus estimates, not reported earnings.

  • Spruce Power Holding Corp. employs 159 people $683K of revenue per employee.

Statement figures: company filings via Twelve Data, four quarters to 30 June 2026 · market figures as at 21 Sept 2026

Data provided by Twelve Data

Peers

SPRU vs competitors

The nearest names by industry and size, scored by the same model — like for like.

Its peer group, ranked by the same modelSolar
CompanyMarket capTKN rank
SPRUSpruce Power Holding Corp.$36.8M
54
FTCIFTC Solar, Inc.$36.9M
24
PNPN Smart Energy Ltd.$41.2M
30
BEEMBeam Global$29.3M
51
ASTIAscent Solar Technologies, Inc.$27.3M
33
TYGOTigo Energy, Inc.$73.6M
56
SUNESUNation Energy, Inc.$16.0M
67

Look up any of the roughly 4,600 stocks we score.

The rank is the raw material. Whether the rules would actually own Spruce Power Holding Corp. — and when they’d sell — is the membership. See the Ticker Nerd 20 →

News

Latest SPRU news & analysis

SPRU Posts Q2 Earnings, Cost Cuts and PPA-Lease Growth Aid

Zacks Investment Research · 19 Aug 2026neutral

Spruce Power reported Q2 earnings that benefited from cost reductions and higher PPA and lease revenues, which helped lift operating income despite an overall decline in revenue.

Why it matters — The performance shows cost management and growing PPA-lease revenues offsetting a broader revenue decline, which is relevant to SPRU watchers tracking the company's earnings trajectory.

Spruce Power Holding Corporation (SPRU) Q2 2026 Earnings Call Prepared Remarks Transcript

Seeking Alpha · 12 Aug 2026neutral

Spruce Power Holding Corporation released prepared remarks from its Q2 2026 earnings call, detailing the company's financial and operational results for the quarter.

Why it matters — The earnings call transcript provides investors and analysts with management's perspective on Spruce Power's quarterly performance and strategic direction.

Spruce Power Reports Second Quarter 2026 Results

Business Wire · 12 Aug 2026positive

Spruce Power reported its second quarter 2026 financial results, delivering solid financial performance with operating income of $9.8 million for the quarter, compared to $8.9 million in the second quarter of 2025.

Why it matters — SPRU watchers would track this quarterly update as it reflects the company's operating profitability across its distributed solar asset portfolio.

Spruce Power to Release Second Quarter 2026 Results and Host Conference Call on August 12

Business Wire · 31 July 2026neutral

Spruce Power Holding Corporation announced it will report second quarter 2026 financial results after the market close on Wednesday, August 12, and will issue a press release with the results on its Investor Relations website.

Why it matters — Investors and analysts following Spruce Power will be watching the report for the company's latest financial performance and operational updates from its distributed solar energy portfolio.

FAQ

Frequently asked questions about SPRU stock

How does Ticker Nerd's model rank SPRU?

As at 19 Sept 2026, Spruce Power Holding Corp. ranks 54 out of 100 on Ticker Nerd's systematic factor model — a percentile across roughly 4,600 US stocks, built from its factor families. Its strongest factor family is Size (84 of 100).

What is the SPRU stock forecast for 2030?

No analyst covering Spruce Power Holding Corp. publishes a 2030 price target — Wall Street targets run 12 to 18 months out. Sites quoting a 2030 price for SPRU are extrapolating price history, which says nothing about the business.

What does Spruce Power Holding Corp. do?

Spruce Power Holding Corp. is a residential solar energy company that owns and operates distributed solar assets across the United States.

What is the latest news on SPRU?

The most recent item we track (Zacks Investment Research, 19 Aug 2026): "SPRU Posts Q2 Earnings, Cost Cuts and PPA-Lease Growth Aid". Spruce Power reported Q2 earnings that benefited from cost reductions and higher PPA and lease revenues, which helped lift operating income despite an overall decline in revenue.

Company

About Spruce Power Holding Corp.

Spruce Power Holding Corp. is a residential solar energy company that owns and operates distributed solar assets across the United States. The company provides subscription-based services that allow homeowners to access rooftop solar power and battery storage without large upfront investments, while also supporting long-term customer agreements and related energy services. Its business includes the sale of electricity generated by home solar systems, the monetization of solar renewable energy credits, and the servicing of third-party-owned solar portfolios through its Spruce Pro platform. Spruce Power also offers portfolio management, billing, collections, homeowner support, asset operations, and servicing technology for solar asset owners and investors. Headquartered in Denver, Colorado, Spruce Power Holding Corp. plays a specialized role in the residential clean energy market by combining asset ownership, system maintenance, and recurring service-based revenue models.

CEO Mr. Christopher M. Hayes · 159 employees · United States · https://www.sprucepower.com