SPRUSPRUTechnology · Solar

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

Last close, 21 Aug 2026
$1.95

Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 55 of 100 as at 22 Aug 2026 — in the upper half.

Market cap
$37.5M
Ticker Nerd rank
55 / 100
Median analyst target
Analysts covering
0
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 22 Aug 2026
55 / 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
85
Growth
83
Issuance
76
Momentum
67
Quality
48
Accruals
45
Value
39
Revisions
25
Volatility
7

Size (85): Smaller than most of the companies we track.

Volatility (7): 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
−1.4×

Cheaper than 83% of US stocks

Price / sales
0.3×

Cheaper than 88% of US stocks

Price / book
0.3×

Cheaper than 89% of US stocks

EV / EBITDA
12.6×

Cheaper than 30% of US stocks

Growth & margins
Revenue growth (YoY)
−8.7%

Higher than 17% of US stocks

Earnings growth (YoY)
−1.7%

Higher than 34% of US stocks

Gross margin
64.0%

Higher than 78% 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.

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.$37.5M
55
BEEMBeam Global$34.9M
46
FTCIFTC Solar, Inc.$34.0M
23
ASTIAscent Solar Technologies, Inc.$29.2M
38
SPWRSunPower, Inc.$54.9M
24
ZEOZeo Energy Corp.$24.8M
32
SMXTSolarMax Technology, Inc.$17.3M
29

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 22 Aug 2026, Spruce Power Holding Corp. ranks 55 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 (85 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 renewable energy services company specializing in distributed residential 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 renewable energy services company specializing in distributed residential solar assets across the United States. It focuses on home rooftop solar power and battery storage, using a power-as-a-service, subscription-based model that allows homeowners to access clean energy solutions without significant upfront capital or ongoing maintenance responsibilities. Spruce Power owns and operates large portfolios of home solar systems and the associated customer contracts, managing the cash flows from these long-term agreements while also servicing third-party owned systems for institutional asset owners. The company’s offerings include asset management, operations, and maintenance services designed to ensure reliable performance of installed solar and storage systems. Headquartered in Houston, Texas, Spruce Power plays a notable role in the U.S. residential solar market by aggregating and operating distributed generation assets, monetizing solar renewable energy credits, and providing predictable energy services to households through structured subscriptions.

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