Spruce Power Holding Corporation (SPRU)Technology | Solar | Houston, United States | NYSE
2.33 USD
-0.07
(-2.917%) ⇩
(July 13, 2026, 4 p.m.
EDT)
|
Hot Take ↕ | July 11, 2026, 5:06 a.m. EDT
The investment case for Spruce Power is currently broken by a catastrophic multi-year decline and deteriorating fundamentals. The stock has lost nearly 98% of its value over the last five years, with every single year showing negative returns, signaling a persistent structural failure rather than a temporary setback. Fundamentally, the company is bleeding cash with negative earnings, negative free cash flow, and a debt-to-equity ratio exceeding 500%, while revenue is shrinking. The balance sheet is fragile, with current liabilities far outweighing current assets. While the company is pivoting to AI to cut costs, the market has already priced in this turnaround attempt, evidenced by the overwhelming put writing in the options chain. With no dividend to provide income and a statistical forecast leaning further down, this remains a high-risk speculative vehicle where the odds favor continued distress. |
| Model | MAE |
|---|---|
| AutoARIMA ✓ | 0.225070 |
| AutoTheta | 0.267945 |
| AutoETS | 0.296401 |
| MSTL_55 | 0.298346 |
| MSTL | 0.306045 |
| MSTL_115 | 0.397739 |
| MSTL_55_115 | 0.400863 |
Forecast horizon: 60 days | Selected: AutoARIMA
| Forecast Reliability | |
|---|---|
| Score | 32% |
| H-stat | 6.62 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.048 |
| Excess Kurtosis | -0.04 |
| Attribute | Value |
|---|---|
| Sector | Technology |
| Debt to Equity Ratio | 565.432 |
| Revenue per Share | 6.167 |
| Market Cap | 42,800,468 |
| Forward P/E | -3.03 |
| Beta | 1.16 |
| Profit Margins | -12.22% |
| Previous Name | XL Fleet Corp. |
| Website | https://www.sprucepower.com |
As of July 11, 2026, 5:06 a.m. EDT: Speculators are overwhelmingly positioning for downside protection rather than upside participation. Put open interest significantly exceeds call open interest across all expirations, with heavy concentration in deep out-of-the-money strikes ($7.50) suggesting a fear of a collapse back toward the $1.13 lows. Call activity is negligible, indicating a lack of speculative bullish conviction despite the low implied volatility.
| Attribute | Value |
|---|---|
| 52 Week Change | 0.38690472 |
| Address1 | 820 Gessner Rd |
| Address2 | Suite 500 |
| All Time High | 280.0 |
| All Time Low | 1.13 |
| Ask | 0.0 |
| Ask Size | 200 |
| Audit Risk | 10 |
| Average Daily Volume10 Day | 30,310 |
| Average Daily Volume3 Month | 49,518 |
| Average Volume | 49,518 |
| Average Volume10Days | 30,310 |
| Beta | 1.161 |
| Bid | 0.0 |
| Bid Size | 100 |
| Board Risk | 9 |
| Book Value | 6.435 |
| City | Houston |
| Compensation As Of Epoch Date | 1,767,139,200 |
| Compensation Risk | 10 |
| Country | United States |
| Crypto Tradeable | 0 |
| Currency | USD |
| Current Price | 2.33 |
| Current Ratio | 0.482 |
| Custom Price Alert Confidence | HIGH |
| Date Short Interest | 1,782,777,600 |
| Day High | 2.41 |
| Day Low | 2.33 |
| Debt To Equity | 565.432 |
| Display Name | Spruce Power Holding |
| Earnings Call Timestamp End | 1,778,704,200 |
| Earnings Call Timestamp Start | 1,778,704,200 |
| Earnings Timestamp | 1,778,702,400 |
| Earnings Timestamp End | 1,786,392,000 |
| Earnings Timestamp Start | 1,786,392,000 |
| Ebitda | 51,042,000 |
| Ebitda Margins | 0.45819 |
| Enterprise To Ebitda | 13.047 |
| Enterprise To Revenue | 5.978 |
| Enterprise Value | 665,960,448 |
| Eps Forward | -0.77 |
| Eps Trailing Twelve Months | -0.74 |
| Esg Populated | 0 |
| Exchange | NYQ |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 2.8606 |
| Fifty Day Average Change | -0.5306001 |
| Fifty Day Average Change Percent | -0.18548559 |
| Fifty Two Week Change Percent | 38.69047 |
| Fifty Two Week High | 6.75 |
| Fifty Two Week High Change | -4.42 |
| Fifty Two Week High Change Percent | -0.65481484 |
| Fifty Two Week Low | 1.13 |
| Fifty Two Week Low Change | 1.1999999 |
| Fifty Two Week Low Change Percent | 1.0619469 |
| Fifty Two Week Range | 1.13 - 6.75 |
| Financial Currency | USD |
| First Trade Date Milliseconds | 1,567,517,400,000 |
| Float Shares | 14,106,704 |
| Forward Eps | -0.77 |
| Forward P E | -3.025974 |
| Free Cashflow | 9,570,875 |
| Full Exchange Name | NYSE |
| Full Time Employees | 159 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Governance Epoch Date | 1,782,864,000 |
| Gross Margins | 0.67555 |
| Gross Profits | 75,255,000 |
| Has Pre Post Market Data | 1 |
| Held Percent Insiders | 0.12092 |
| Held Percent Institutions | 0.35719 |
| Implied Shares Outstanding | 18,369,300 |
| Industry | Solar |
| Industry Disp | Solar |
| Industry Key | solar |
| Is Earnings Date Estimate | 1 |
| Language | en-US |
| Last Fiscal Year End | 1,767,139,200 |
| Last Split Date | 1,696,809,600 |
| Last Split Factor | 1:8 |
| Long Business Summary | Spruce Power Holding Corporation owns and operates distributed solar energy assets in the United States. The company offers electricity for homeowners through subscription-based payments and solar renewable energy credits (SRECs) for contracted prices, which are generated by home solar energy systems. It also provides Spruce Pro servicing platform, which provides home and third party-owned solar energy systems with portfolio managed services, including billing and collections/asset recovery, account support services, financial asset management, homeowner support and servicing technology, asset operations, and transaction and execution services related to SRECs; and Spruce Pro, which offers third-party owners a range of services for residential, commercial, and industrial assets. Spruce Power Holding Corporation was founded in 2009 and is headquartered in Houston, Texas |
| Long Name | Spruce Power Holding Corporation |
| Market | us_market |
| Market Cap | 42,800,468 |
| Market State | PRE |
| Max Age | 86,400 |
| Message Board Id | finmb_95149437 |
| Most Recent Quarter | 1,774,915,200 |
| Name Change Date | 2,026-07-14 |
| Net Income To Common | -13,550,000 |
| Next Fiscal Year End | 1,798,675,200 |
| Non Diluted Market Cap | 42,800,469 |
| Open | 2.4 |
| Operating Cashflow | 2,897,000 |
| Operating Margins | 0.14513 |
| Overall Risk | 10 |
| Payout Ratio | 0.0 |
| Phone | 866 777 8235 |
| Pre Market Change | 0.07000017 |
| Pre Market Change Percent | 3.0042994 |
| Pre Market Price | 2.4 |
| Pre Market Time | 1,784,030,217 |
| Prev Name | XL Fleet Corp. |
| Previous Close | 2.4 |
| Price Hint | 4 |
| Price To Book | 0.36208236 |
| Price To Sales Trailing12 Months | 0.38421217 |
| Profit Margins | -0.122209996 |
| Quick Ratio | 0.315 |
| Quote Source Name | Delayed Quote |
| Quote Type | EQUITY |
| Recommendation Key | none |
| Region | US |
| Regular Market Change | -0.0700002 |
| Regular Market Change Percent | -2.91667 |
| Regular Market Day High | 2.41 |
| Regular Market Day Low | 2.33 |
| Regular Market Day Range | 2.33 - 2.41 |
| Regular Market Open | 2.4 |
| Regular Market Previous Close | 2.4 |
| Regular Market Price | 2.33 |
| Regular Market Time | 1,783,972,803 |
| Regular Market Volume | 15,134 |
| Return On Assets | 0.01706 |
| Return On Equity | -0.10542 |
| Revenue Growth | -0.017 |
| Revenue Per Share | 6.167 |
| Sand P52 Week Change | 0.20365608 |
| Sector | Technology |
| Sector Disp | Technology |
| Sector Key | technology |
| Share Holder Rights Risk | 8 |
| Shares Outstanding | 18,369,300 |
| Shares Percent Shares Out | 0.045500003 |
| Shares Short | 835,447 |
| Shares Short Previous Month Date | 1,780,012,800 |
| Shares Short Prior Month | 824,701 |
| Short Name | Spruce Power Holding Corporatio |
| Short Percent Of Float | 0.0615 |
| Short Ratio | 18.55 |
| Source Interval | 15 |
| State | TX |
| Symbol | SPRU |
| Total Cash | 54,042,000 |
| Total Cash Per Share | 2.942 |
| Total Debt | 674,780,992 |
| Total Revenue | 111,398,000 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Eps | -0.74 |
| Trailing Peg Ratio | None |
| Triggerable | 1 |
| Two Hundred Day Average | 3.8705 |
| Two Hundred Day Average Change | -1.5405002 |
| Two Hundred Day Average Change Percent | -0.3980106 |
| Type Disp | Equity |
| Volume | 15,134 |
| Website | https://www.sprucepower.com |
| Zip | 77,024 |