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Spruce Power Holding Corporation (SPRU)

Technology | Solar | Houston, United States | NYSE
1.87 USD -0.01 (-0.532%) ⇩ (Aug. 28, 2026, 4 p.m. EDT)
After hours: 1.90 +0.02 (1.337%) ⇧ (Aug. 28, 2026, 7:33 p.m. EDT)

Short-term:★☆☆☆☆Long-term:⯪☆☆☆☆Dividends:☆☆☆☆☆
Hot Take | Aug. 22, 2026, 4:34 a.m. EDT

The investment case for Spruce Power is effectively broken by a catastrophic multi-year decline and insolvency risks. The stock has lost over 98% of its value over the past six years, with five consecutive years of negative annual returns, signaling a deep structural deterioration rather than a temporary setback. Fundamentals are dire: the company carries massive debt relative to equity (543% debt-to-equity), reports negative earnings, and faces a 'going concern' doubt as major 2026 debt matures. With no dividend history and a negative forward P/E, there is no safety net for investors. While recent price action shows a slight bounce, the underlying business quality appears severely impaired, making this a high-risk situation where capital preservation is the only viable strategy.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoTheta ✓0.048331
MSTL0.138607
AutoETS0.145610
AutoARIMA0.145621

Forecast horizon: 45 days | Selected: AutoTheta

Forecast Reliability
Score 40%
H-stat 2.76
Ljung-Box p 0.000
Jarque-Bera p 0.363
Excess Kurtosis 0.01
Attribute Value
Sector Technology
Debt to Equity Ratio 543.334
Revenue per Share 5.948
Market Cap 36,001,588
Forward P/E -2.43
Beta 1.20
Profit Margins -6.76%
Previous Name XL Fleet Corp.
Website https://www.sprucepower.com

As of Aug. 22, 2026, 4:34 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; the lack of liquidity suggests speculative interest is currently dormant or too fragmented to form a coherent directional signal.


Info Dump

Attribute Value
52 Week Change 0.22077918
Address1 820 Gessner Rd
Address2 Suite 500
All Time High 280.0
All Time Low 1.13
Ask 1.96
Ask Size 400
Audit Risk 9
Average Daily Volume10 Day 91,340
Average Daily Volume3 Month 50,383
Average Volume 50,383
Average Volume10Days 91,340
Beta 1.197
Bid 1.87
Bid Size 300
Board Risk 8
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 1.87
Current Ratio 0.395
Custom Price Alert Confidence HIGH
Date Short Interest 1,786,665,600
Day High 1.92
Day Low 1.85
Debt To Equity 543.334
Display Name Spruce Power Holding
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 12.552
Enterprise To Revenue 6.059
Enterprise Value 657,357,568
Eps Forward -0.77
Eps Trailing Twelve Months -0.39
Esg Populated 0
Exchange NYQ
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 2.269
Fifty Day Average Change -0.39900005
Fifty Day Average Change Percent -0.17584841
Fifty Two Week Change Percent 22.077919
Fifty Two Week High 6.75
Fifty Two Week High Change -4.88
Fifty Two Week High Change Percent -0.722963
Fifty Two Week Low 1.448
Fifty Two Week Low Change 0.42200005
Fifty Two Week Low Change Percent 0.2914365
Fifty Two Week Range 1.448 - 6.75
Financial Currency USD
First Trade Date Milliseconds 1,567,517,400,000
Float Shares 14,973,195
Forward Eps -0.77
Forward P E -2.4285715
Free Cashflow 13,537,375
Full Exchange Name NYSE
Full Time Employees 159
Fullday Change -0.00999999
Fullday Change Percent -0.531914
Fullday Price 1.895
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,785,542,400
Gross Margins 0.66406
Gross Profits 72,043,000
Has Pre Post Market Data 1
Held Percent Insiders 0.11537
Held Percent Institutions 0.33534
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 36,001,588
Market State CLOSED
Max Age 86,400
Message Board Id finmb_95149437
Most Recent Quarter 1,782,777,600
Name Change Date 2,026-08-29
Net Income To Common -7,265,000
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 36,194,109
Open 1.88
Operating Cashflow 2,012,000
Operating Margins 0.30669
Overall Risk 10
Payout Ratio 0.0
Phone 866 777 8235
Post Market Change 0.024999976
Post Market Change Percent 1.3368971
Post Market Price 1.895
Post Market Time 1,787,959,994
Prev Name XL Fleet Corp.
Previous Close 1.88
Price Hint 4
Price To Book 0.2905983
Price To Sales Trailing12 Months 0.33184856
Profit Margins -0.06756
Quick Ratio 0.258
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key none
Region US
Regular Market Change -0.00999999
Regular Market Change Percent -0.531914
Regular Market Day High 1.92
Regular Market Day Low 1.85
Regular Market Day Range 1.85 - 1.92
Regular Market Open 1.88
Regular Market Previous Close 1.88
Regular Market Price 1.87
Regular Market Time 1,787,947,203
Regular Market Volume 20,860
Return On Assets 0.01783
Return On Equity -0.05468
Revenue Growth -0.087
Revenue Per Share 5.948
Sand P52 Week Change 0.20504117
Sector Technology
Sector Disp Technology
Sector Key technology
Share Holder Rights Risk 8
Shares Outstanding 19,252,186
Shares Percent Shares Out 0.0448
Shares Short 862,429
Shares Short Previous Month Date 1,784,073,600
Shares Short Prior Month 844,784
Short Name Spruce Power Holding Corporatio
Short Percent Of Float 0.059699997
Short Ratio 16.85
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 -0.39
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 3.76915
Two Hundred Day Average Change -1.89915
Two Hundred Day Average Change Percent -0.5038669
Type Disp Equity
Volume 20,860
Website https://www.sprucepower.com
Zip 77,024