Spruce Power Holding Corporation (SPRU)Technology | Solar | Houston, United States | NYSE
1.46 USD
-0.01
(-0.680%) ⇩
(Oct. 15, 2026, 4 p.m.
EDT)
|
Hot Take ↕ | Oct. 10, 2026, 8:43 a.m. EDT
Spruce Power Holding Corporation presents a catastrophic long-term investment case driven by insolvency risks and a complete failure of the business model. The company faces a 'going concern' doubt due to maturing debt in 2026, a red flag that suggests the board may not be able to continue operations without drastic restructuring. Fundamentally, the stock is trading at a fraction of book value because the balance sheet is toxic: debt-to-equity exceeds 543x, current ratio is a distress-level 0.4, and the company has been losing money for years with negative revenue growth. The price history confirms this deterioration, showing a 96% collapse over six years despite a recent minor uptick, which is insufficient to overcome the structural rot. In the short term, the outlook remains bleak. While the stock recently rallied, the underlying fundamentals—negative earnings, massive debt obligations, and shrinking revenue—do not support a bullish thesis. The statistical forecast models a slight downside, aligning with the fundamental reality that the business is failing. With no dividend to provide income and no credible path to profitability visible, this is a security to avoid entirely. |
| Model | MAE |
|---|---|
| AutoTheta ✓ | 0.081328 |
| AutoARIMA | 0.158701 |
| AutoETS | 0.162625 |
| MSTL | 0.163492 |
Forecast horizon: 45 days | Selected: AutoTheta
| Forecast Reliability | |
|---|---|
| Score | 38% |
| H-stat | 2.17 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.251 |
| Excess Kurtosis | -0.89 |
| Attribute | Value |
|---|---|
| Sector | Technology |
| Debt to Equity Ratio | 543.334 |
| Revenue per Share | 5.948 |
| Market Cap | 28,108,192 |
| Forward P/E | -1.90 |
| Beta | 1.20 |
| Profit Margins | -6.76% |
| Previous Name | XL Fleet Corp. |
| Website | https://www.sprucepower.com |
As of Oct. 10, 2026, 8:43 a.m. EDT: Options activity is extremely thin with negligible open interest across all expirations. There is no meaningful positioning in either calls or puts to indicate a specific directional bias from speculators. Implied volatility is elevated relative to the low trading volume, suggesting a lack of liquidity rather than a strong hedging or speculative signal.
| Attribute | Value |
|---|---|
| 52 Week Change | -0.47857141 |
| Address1 | 820 Gessner Rd |
| Address2 | Suite 500 |
| All Time High | 280.0 |
| All Time Low | 1.13 |
| Ask | 1.54 |
| Ask Size | 200 |
| Audit Risk | 9 |
| Average Daily Volume10 Day | 52,010 |
| Average Daily Volume3 Month | 103,748 |
| Average Volume | 103,748 |
| Average Volume10Days | 52,010 |
| Beta | 1.199 |
| Bid | 1.46 |
| Bid Size | 100 |
| Board Risk | 10 |
| Book Value | 6.255 |
| City | Houston |
| Compensation As Of Epoch Date | 1,767,139,200 |
| Compensation Risk | 10 |
| Country | United States |
| Crypto Tradeable | 0 |
| Currency | USD |
| Current Price | 1.46 |
| Current Ratio | 0.395 |
| Custom Price Alert Confidence | HIGH |
| Date Short Interest | 1,790,726,400 |
| Day High | 1.47 |
| Day Low | 1.44 |
| Debt To Equity | 543.334 |
| Display Name | Spruce Power |
| Dividend Yield | 0.0 |
| Earnings Call Timestamp End | 1,786,566,600 |
| Earnings Call Timestamp Start | 1,786,566,600 |
| Earnings Timestamp | 1,786,564,800 |
| Earnings Timestamp End | 1,794,340,800 |
| Earnings Timestamp Start | 1,794,340,800 |
| Ebitda | 52,369,000 |
| Ebitda Margins | 0.48272 |
| Enterprise To Ebitda | 12.402 |
| Enterprise To Revenue | 5.987 |
| Enterprise Value | 649,464,192 |
| Eps Forward | -0.77 |
| Eps Trailing Twelve Months | -0.4 |
| Esg Populated | 0 |
| Exchange | NYQ |
| Exchange Data Delayed By | 20 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 1.8034 |
| Fifty Day Average Change | -0.3434 |
| Fifty Day Average Change Percent | -0.1904181 |
| Fifty Two Week Change Percent | -47.85714 |
| Fifty Two Week High | 6.75 |
| Fifty Two Week High Change | -5.29 |
| Fifty Two Week High Change Percent | -0.7837037 |
| Fifty Two Week Low | 1.44 |
| Fifty Two Week Low Change | 0.01999998 |
| Fifty Two Week Low Change Percent | 0.013888875 |
| Fifty Two Week Range | 1.44 - 6.75 |
| Financial Currency | USD |
| First Trade Date Milliseconds | 1,567,517,400,000 |
| Float Shares | 14,920,252 |
| Forward Eps | -0.77 |
| Forward P E | -1.896104 |
| Free Cashflow | 13,537,375 |
| Full Exchange Name | NYSE |
| Full Time Employees | 159 |
| Fullday Change | 0.0 |
| Fullday Change Percent | 0.0 |
| Fullday Price | 1.46 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Governance Epoch Date | 1,790,812,800 |
| Gross Margins | 0.66406 |
| Gross Profits | 72,043,000 |
| Has Pre Post Market Data | 1 |
| Held Percent Insiders | 0.12372 |
| Held Percent Institutions | 0.33782002 |
| Implied Shares Outstanding | 19,252,186 |
| 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 | 28,108,192 |
| Market State | PRE |
| Max Age | 86,400 |
| Message Board Id | finmb_95149437 |
| Most Recent Quarter | 1,782,777,600 |
| Name Change Date | 2,026-10-16 |
| Net Income To Common | -7,265,000 |
| Next Fiscal Year End | 1,798,675,200 |
| Non Diluted Market Cap | 36,964,197 |
| Open | 1.44 |
| Operating Cashflow | 2,012,000 |
| Operating Margins | 0.30669 |
| Overall Risk | 10 |
| Payout Ratio | 0.0 |
| Phone | 866 777 8235 |
| Prev Name | XL Fleet Corp. |
| Previous Close | 1.47 |
| Price Hint | 4 |
| Price To Book | 0.23341326 |
| Price To Sales Trailing12 Months | 0.25909033 |
| Profit Margins | -0.06756 |
| Quick Ratio | 0.258 |
| Quote Source Name | Delayed Quote |
| Quote Type | EQUITY |
| Recommendation Key | none |
| Region | US |
| Regular Market Change | -0.00999999 |
| Regular Market Change Percent | -0.680271 |
| Regular Market Day High | 1.47 |
| Regular Market Day Low | 1.44 |
| Regular Market Day Range | 1.44 - 1.47 |
| Regular Market Open | 1.44 |
| Regular Market Previous Close | 1.47 |
| Regular Market Price | 1.46 |
| Regular Market Time | 1,792,094,403 |
| Regular Market Volume | 24,694 |
| Return On Assets | 0.01783 |
| Return On Equity | -0.05468 |
| Revenue Growth | -0.087 |
| Revenue Per Share | 5.948 |
| Sand P52 Week Change | 0.16207206 |
| Sector | Technology |
| Sector Disp | Technology |
| Sector Key | technology |
| Share Holder Rights Risk | 9 |
| Shares Outstanding | 19,252,186 |
| Shares Percent Shares Out | 0.045100003 |
| Shares Short | 868,726 |
| Shares Short Previous Month Date | 1,788,134,400 |
| Shares Short Prior Month | 840,364 |
| Short Name | Spruce Power Holding Corporatio |
| Short Percent Of Float | 0.060100004 |
| Short Ratio | 4.58 |
| Source Interval | 15 |
| State | TX |
| Symbol | SPRU |
| Total Cash | 49,018,000 |
| Total Cash Per Share | 2.546 |
| Total Debt | 667,854,976 |
| Total Revenue | 108,488,000 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Eps | -0.4 |
| Trailing Peg Ratio | None |
| Triggerable | 1 |
| Two Hundred Day Average | 3.21205 |
| Two Hundred Day Average Change | -1.7520499 |
| Two Hundred Day Average Change Percent | -0.5454616 |
| Type Disp | Equity |
| Volume | 24,694 |
| Website | https://www.sprucepower.com |
| Zip | 77,024 |